WARMTE & WATER
ActiveThe computed 12-month bankruptcy probability of WARMTE & WATER is 2.5% (moderate). The 2025 annual accounts show equity of €9k and a net result of €741. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 18% of 27358 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy▲ +18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+19
Solvency24▲+2
Growth52=
Stability94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.13 in 2024), and 84.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 27358 sector peers (2025).
NBB · sector comparisonPosition among 27358 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
31 d late
2022
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▲ 9.5%
2024 · €8k
2022: €7k
2023: €7k
2024: €8k
2022 → 2025
Total assets
€56k▼ 13.0%
2024 · €65k
2022: €23k
2023: €37k
2024: €65k
2022 → 2025
Net result
€741▲ 91.2%
2024 · €387
2022: €6k
2023: €-100
2024: €387
2022 → 2025
Working capital
€7k▼ 0.4%
2024 · €7k
2022: €7k
2023: €8k
2024: €7k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€7k-€7k▼ 1.3%€8k▲ 5.3%€9k▲ 9.5%
Operating result€9k-€817▼ 90.9%€1k▲ 34.5%€2k▲ 78.6%
Net result€6k-€-100€387€741▲ 91.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 79% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56k
Fixed assets
€1k▲ 149%
Current assets
€55k▼ 14.3%
Equity and liabilities €56k
Equity
€9k▲ 9.5%
Debt
€48k▼ 16.1%
The debt ratio falls from 88.0% to 84.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€2k▲
2024 · €1k
Cash flow
€949▲
2024 · €405
Solvency
15.1%▲
2024 · 12.0%
Current ratio
1.15▲
2024 · 1.13
Quick ratio
0.98▼
2024 · 0.99
Debt / equity
5.60▼
2024 · 7.32
ROE
8.7%▲
2024 · 5.0%
ROA
1.3%▲
2024 · 0.6%
Interest coverage
3.15▲
2024 · 1.42
Debt
€48k▼
2024 · €57k
Debt ≤ 1 year
€48k▼
2024 · €57k
Income taxes
€550▲
2024 · €70
Staff costs
€26k▼
2024 · €31k
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€65k€56k▼
Fixed assets21/28€518€1k▲
Tangible fixed assets22/27€518€1k▲
Furniture and vehicles24€518€1k▲
Current assets29/58€64k€55k▼
Stocks and contracts in progress3€8k€8k=
Stocks30/36€8k€8k=
Amounts receivable within one year40/41€46k€47k▲
Trade receivables40€44k€46k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€10k€0▼
Equity and liabilities
Total equity and liabilities10/49€65k€56k▼
Equity10/15€8k€9k▲
Contributions10/11€1k€1k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€287€1k▲
Amounts payable17/49€57k€48k▼
Amounts payable within one year42/48€57k€48k▼
Trade debts44€32k€31k▼
Suppliers440/4€32k€31k▼
Taxes, remuneration and social security45€23k€2k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€20k-
Other amounts payable47/48€1k€14k▲
Income statement
Code20242025
Remuneration, social security and pensions62€31k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18€208▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€34k€30k▼
Operating profit (loss)9901€1k€2k▲
Financial income75/76B€146€18▼
Recurring financial income75€146€18▼
Financial charges65/66B€787€690▼
Recurring financial charges65€787€690▼
Profit (loss) for the period before taxes9903€457€1k▲
Income taxes67/77€70€550▲
Profit (loss) for the period9904€387€741▲
Profit (loss) for the period to be appropriated9905€387€741▲
Appropriation of the result
Profit (loss) to be appropriated9906€287€1k▲
Profit (loss) brought forward from the previous period14P€-100€287▲
The notes to these accounts (5 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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €387
Net result €387 after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-100 ▼102%
Net result drops to €-100, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zemst · 1 establishment unit since 2022
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.
Lindestraat 191980 ZemstGround area
122 m²
Building footprint
229 m²
Volume, LiDAR
1,459 m³
Parcel 23096C0429/00Y000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WARMTE & WATER
since 20222.333.995.093
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23096C0429/00Y000 | Flanders | 122 m² | 1 · 229 m² | 9.1 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
VedeBe Invest
BE 0799.355.521
Boortmeerbeek · Eq €8k
Entreprise Ré Gé Toitures
BE 0430.648.029
Visé · Eq €9k
DLC Projects
BE 0682.643.834
Schilde · Eq €9k
QUALITY - SAN
BE 0436.086.462
Wavre · Eq €9k
BROUWERS
BE 0802.767.347
Wuustwezel · Eq €8k
Of 6,989 companies in sector 43221 we hold annual accounts for 3,444. 1,604 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2022
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.