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WARMHOUSE

Active
Private limited companyfounded 20242 yrs activeLouizagalerij 43B, 1050 Elsene, BelgiumKBO/BCE: BE 1006.838.224
Summary

The computed 12-month bankruptcy probability of WARMHOUSE is 4.9% (elevated). The 2025 annual accounts show equity of €18,252 and a net result of €18,009. Its solvency ranks better than 64% of 7625 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency82
Growth-
Track record67
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.31; short-term debt: 43.4% and cash: 0.5% of total assets), and 43.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56.6%
Return on assets
55.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
52 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 March 2024, WARMHOUSE was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€18,252
Total assets
€32,237
Net result
€18,009
Working capital
€18,252

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €32,237
Equity €18,252
Debt €13,984
Debt finances 43.4% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.31
Debt to equity
0.77
ROE
98.7%
ROA
55.9%
Debt ≤ 1 year
€13,984
Income taxes
-€16

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 23 lines
Balance sheet Code2025
Assets
Total assets20/58€32,237
Current assets29/58€32,237
Amounts receivable within one year40/41€32,071
Trade receivables40€32,071
Cash at bank and in hand54/58€166
Equity and liabilities
Total equity and liabilities10/49€32,237
Equity10/15€18,252
Profit (loss) carried forward14€18,252
Amounts payable17/49€13,984
Amounts payable within one year42/48€13,984
Trade debts44€353
Suppliers440/4€353
Other amounts payable47/48€13,631
Income statement Code2025
Gross operating margin9900€18,886
Operating profit (loss)9901€18,886
Financial charges65/66B€893
Recurring financial charges65€893
Profit (loss) for the period before taxes9903€17,992
Income taxes67/77-€16
Profit (loss) for the period9904€18,009
Profit (loss) for the period to be appropriated9905€18,009
Appropriation of the result
Profit (loss) to be appropriated9906€18,252
Profit (loss) brought forward from the previous period14P€244
Line2025
Gross operating margin9900€18,886
Operating profit (loss)9901€18,886
Financial charges65/66B€893
Recurring financial charges65€893
Profit (loss) for the period before taxes9903€17,992
Income taxes67/77-€16
Profit (loss) for the period9904€18,009
Profit (loss) for the period to be appropriated9905€18,009
Line2025
Assets
Total assets20/58€32,237
Current assets29/58€32,237
Amounts receivable within one year40/41€32,071
Trade receivables40€32,071
Cash at bank and in hand54/58€166
Equity and liabilities
Total equity and liabilities10/49€32,237
Equity10/15€18,252
Profit (loss) carried forward14€18,252
Amounts payable17/49€13,984
Amounts payable within one year42/48€13,984
Trade debts44€353
Suppliers440/4€353
Other amounts payable47/48€13,631
Line2025
Profit (loss) for the period9904€18,009
Operating cash flow (approximation)€18,009

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
21-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 52 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 2 establishment units since 2024
establishment approximate All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Louizagalerij 43B1050 Elsene
Ground area
3,572 m²
Building footprint
2,345 m²
Volume, LiDAR
27,359 m³
2 parcels, Brussels, Flanders · tallest building 26.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Galerij van de Louizapoort 43 B, 1050 Elsene
Retail sale of cosmetics and toilet articles
since 20242.357.395.057
Hollekensweg 66, 1630 Linkebeek
Repair, maintenance and installation of machinery and equipment
since 20242.357.397.037
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0364/00Z000 Brussels 2,694 m² 1 · 2,214 m² 26.0 m · 3 fl.
22003C0230/00A003 Flanders 878 m² 1 · 131 m² 9.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. 11,313 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43341Painting of buildings
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006838224
Also 9925:BE1006838224
Registered 07-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.