Warms
ActiveWarms has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158k and a net result of €138k. Equity is growing by ~32.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 6956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
91
/ 100
Excellent▲ +1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency78▼-21
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.21 against 2.56 in 2024), but 64.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.4%
Return on assets
30.8%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
27 d late
2023
15 d late
2022
17 d late
2021
3 d early
2020
2 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close12-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€158k▼ 45.8%
2024 · €292k
2019: €30k
2020: €61k
2021: €98k
2022: €190k
2023: €366k
2024: €292k
2019 → 2025
Total assets
€447k▼ 5.4%
2024 · €472k
2019: €84k
2020: €102k
2021: €206k
2022: €345k
2023: €550k
2024: €472k
2019 → 2025
Net result
€138k▲ 38.6%
2024 · €99k
2019: €23k
2020: €32k
2021: €36k
2022: €92k
2023: €177k
2024: €99k
2019 → 2025
Working capital
€138k▲ 9.8%
2024 · €126k
2019: €31k
2020: €65k
2021: €59k
2022: €136k
2023: €224k
2024: €126k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€98k-€190k▲ 94.3%€366k▲ 93.2%€292k▼ 20.3%€158k▼ 45.8%
Operating result€45k-€115k▲ 154%€198k▲ 71.8%€148k▼ 25.3%€183k▲ 23.4%
Net result€36k-€92k▲ 153%€177k▲ 92.1%€99k▼ 43.8%€138k▲ 38.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 23% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €447k
Fixed assets
€246k▼ 7.3%
Current assets
€201k▼ 2.9%
Equity and liabilities €447k
Equity
€158k▼ 45.8%
Debt
€289k▲ 60.1%
The debt ratio rises from 38.2% to 64.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€215k▲
2024 · €177k
Cash flow
€170k▲
2024 · €129k
Solvency
35.4%▼
2024 · 61.8%
Current ratio
3.21▲
2024 · 2.56
Quick ratio
2.87▲
2024 · 2.06
Debt / equity
1.82▲
2024 · 0.62
ROE
87.0%▲
2024 · 34.0%
ROA
30.8%▲
2024 · 21.0%
Interest coverage
47.45▼
2024 · 76.70
Debt
€289k▲
2024 · €180k
Debt ≤ 1 year
€63k▼
2024 · €81k
Debt > 1 year
€226k▲
2024 · €100k
Income taxes
€40k▼
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€472k€447k▼
Fixed assets21/28€266k€246k▼
Tangible fixed assets22/27€265k€246k▼
Land and buildings22€208k€200k▼
Plant, machinery and equipment23€16k€11k▼
Furniture and vehicles24€42k€35k▼
Financial fixed assets28€593€593=
Current assets29/58€207k€201k▼
Stocks and contracts in progress3€40k€21k▼
Stocks30/36€40k€21k▼
Amounts receivable within one year40/41€53k€74k▲
Trade receivables40€53k€74k▲
Other amounts receivable41€312€20▼
Current investments50/53€52k€76k▲
Cash at bank and in hand54/58€60k€26k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€472k€447k▼
Equity10/15€292k€158k▼
Contributions10/11€19k€19k=
Reserves13€273k€140k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€272k€140k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€180k€289k▲
Amounts payable after more than one year17€100k€226k▲
Financial debts170/4€100k€226k▲
Amounts payable within one year42/48€81k€63k▼
Current portion of amounts payable after more than one year42€23k€23k▲
Financial debts43€1€0▼
Credit institutions430/8€1€0▼
Trade debts44€19k€18k▼
Suppliers440/4€19k€18k▼
Taxes, remuneration and social security45€29k€16k▼
Taxes450/3€26k€16k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€10k€5k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€33k▲
Other operating charges640/8€20k€1k▼
Gross operating margin9900€197k€216k▲
Operating profit (loss)9901€148k€183k▲
Financial income75/76B€46€0▼
Recurring financial income75€46€0▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€146k€178k▲
Income taxes67/77€46k€40k▼
Profit (loss) for the period9904€99k€138k▲
Profit (loss) for the period to be appropriated9905€99k€138k▲
Appropriation of the result
Profit (loss) to be appropriated9906€99k€138k▲
Transfer from equity791/2€186k€272k▲
Transfer to equity691/2€99k€138k▲
To other reserves6921€99k€138k▲
Profit to be distributed694/7€186k€272k▲
Return on contributions (dividend)694€186k€272k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
31-03
Financial
Highest result since 2019net €177k ▲92.1%
Operating result €198k, net result €177k, both a record.
31-03
Financial
Equity above €200kEq €366k ▲93.2%
5 profitable years in a row build equity to €366k.
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
31-03
Financial
Liquidity triplescurrent ratio 4.06
Current ratio from 1.61 to 4.06; short-term debt falls from €97k to €44k.
31-03
Financial
Equity above €150kEq €190k ▲94.3%
4 profitable years in a row build equity to €190k.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2024
DHONT Wouter
CurrentDirector · since 01-02-2024
VANDENBOGAERDE Anniek
CurrentDirector · since 01-02-2024
01-02-2024
DHONT Wouter: Resigned as Manager
01-02-2024
DHONT Wouter: Appointed as Director
01-02-2024
VANDENBOGAERDE Anniek: Appointed as Director
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2017
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.
Bergstraat 339320 AalstGround area
269 m²
Building footprint
156 m²
Volume, LiDAR
849 m³
Parcel 41047C0220/00H000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Warms
since 20172.264.274.265
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41047C0220/00H000 | Flanders | 269 m² | 1 · 156 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
HOSPITAL PHARMACY CONSULTING BELGIUM
BE 0846.455.454
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TINSTAAFL
BE 0630.919.672
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DE SPIEGELEIRE HOLDING
BE 0476.654.634
Bocholt · Eq €158k
Logic4Waste
BE 0502.593.919
Esneux · Eq €158k
G Studio Agency
BE 0763.457.405
Leuven · Eq €158k
Of 13,391 companies in sector 73300 we hold annual accounts for 6,881. 5,403 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-05-2017
Fiscal year end31-03
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
47251Retail sale of wines and spirits
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.