Losses
Every financial year from 2020 to 2025 closed with a loss. 2025 was the heaviest.
Every financial year from 2020 to 2025 closed with a loss. 2025 was the heaviest.
The 2019 accounts came latest: 91 days after the end of the period.
Lower net result than 95% of companies in real estate. Sector median €5,854 · 19,790 companies.
In July 2024, 929 companies had the same profile as WARNIMO has now. Each dot stands for 3 companies, two years later.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 929 companies, not a prediction for WARNIMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| WARNIMO Antwerp | €1.9m | -€56 | 51.6% | - |
| TENERGA ENERGY SERVICES Woluwe-Saint-Lambert | €2.0m | -€38,754 | 2.3% | - |
| AERO IMMO Saint-Georges-sur-Meuse | €2.0m | -€16,456 | -14.3% | - |
| COBALT PARTNERS Brasschaat | €2.6m | -€8,199 | -24.3% | - |
| GODIYA Nijlen | €1.4m | -€11,596 | 99.5% | - |
| Hobel Invest Antwerp | €1.3m | -€16,866 | -49.5% | - |
| Villa-Thor Genk | €1.7m | -€33,347 | 58.0% | - |
These companies have the same main activity as WARNIMO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.3m and €2.6m, founded between 2018 and 2021.
WARNIMO files the micro format. That format states no turnover. The gross margin fell from €81,511 in 2019 to -€56 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 65% of 19,803 companies in 2025.
Lower than 95% of 18,977 companies in 2025.
Higher than 13% of 19,446 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
1.9m | 2.1m | 2.1m | 2.1m | 2.2m | 2.3m | 2.3m | |
21/28 |
1.9m | 1.9m | 2.0m | 2.1m | 2.1m | 2.2m | 2.2m | |
22/27 |
1.9m | 1.9m | 2.0m | 2.1m | 2.1m | 2.2m | 2.2m | |
22 |
1.9m | 1.9m | 2.0m | 2.0m | 2.1m | 2.2m | 2.2m | |
23 |
5,858 | 7,150 | 4,191 | 2,058 | 2,653 | - | - | |
24 |
- | - | - | 820 | 2,001 | 3,182 | - | |
28 |
1,167 | 1,167 | 1,167 | 1,167 | 1,167 | 5,772 | 1,167 | |
29/58 |
10,754 | 113,668 | 100,868 | 93,518 | 81,001 | 87,784 | 59,973 | |
40/41 |
6,897 | 4,415 | 215 | 789 | 185 | 1,187 | - | |
40 |
4,432 | 1,950 | 215 | 256 | - | - | - | |
41 |
2,465 | 2,465 | - | 533 | 185 | 1,187 | - | |
54/58 |
1,943 | 106,039 | 97,481 | 90,485 | 78,801 | 84,368 | 59,973 | |
490/1 |
1,913 | 3,214 | 3,172 | 2,244 | 2,016 | 2,229 | - | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
1.9m | 2.1m | 2.1m | 2.1m | 2.2m | 2.3m | 2.3m | |
10/15 |
977,849 | 1.1m | 1.2m | 1.2m | 1.2m | 1.3m | 1.3m | |
10/11 |
1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | - | |
11 |
- | - | - | - | - | - | 1.3m | |
1100/10 |
- | - | - | - | - | - | 1.3m | |
14 |
-343,185 | -215,014 | -163,958 | -104,642 | -74,523 | -24,987 | 7,825 | |
16 |
49,504 | 52,440 | 55,376 | 58,313 | 61,249 | 64,186 | 67,122 | |
168 |
49,504 | 52,440 | 55,376 | 58,313 | 61,249 | 64,186 | 67,122 | |
17/49 |
868,537 | 898,930 | 886,474 | 872,854 | 888,911 | 909,143 | 900,585 | |
17 |
26,636 | 44,150 | 63,166 | 81,516 | 100,115 | 118,065 | 135,672 | |
170/4 |
26,636 | 44,150 | 63,166 | 81,516 | 100,115 | 118,065 | 135,672 | |
42/48 |
841,901 | 854,780 | 823,308 | 791,338 | 788,796 | 791,079 | 764,913 | |
42 |
19,298 | 20,624 | 19,532 | 18,599 | 17,950 | 17,608 | 17,264 | |
44 |
34,765 | 49,444 | 57,521 | 31,547 | 30,124 | 30,594 | 13,838 | |
440/4 |
34,765 | 49,444 | 57,521 | 31,547 | 30,124 | 30,594 | 13,838 | |
45 |
8,499 | 2,328 | 1,315 | - | - | - | 264 | |
450/3 |
249 | 2,328 | 1,315 | - | - | - | 264 | |
454/9 |
8,250 | - | - | - | - | - | - | |
47/48 |
779,339 | 782,384 | 744,940 | 741,192 | 740,722 | 742,877 | 733,547 | |
| Income statement | ||||||||
9900 |
-56 | 63,394 | 60,055 | 75,167 | 58,360 | 73,988 | 81,511 | |
630 |
58,587 | 58,536 | 58,748 | 61,629 | 64,292 | 63,150 | 62,789 | |
640/8 |
17,455 | 16,947 | 17,543 | 14,454 | 14,127 | 13,328 | 11,227 | |
9901 |
-76,097 | -12,089 | -16,235 | -917 | -20,059 | -2,490 | 7,496 | |
75/76B |
0 | 867 | 0 | 0 | 0 | 0 | - | |
75 |
0 | 867 | 0 | 0 | 0 | 0 | - | |
65/66B |
55,011 | 42,769 | 46,017 | 32,139 | 32,413 | 33,259 | 3,145 | |
65 |
55,011 | 42,769 | 46,017 | 32,139 | 32,413 | 33,259 | 3,145 | |
9903 |
-131,108 | -53,992 | -62,252 | -33,056 | -52,472 | -35,748 | 4,351 | |
780 |
2,936 | 2,936 | 2,936 | 2,936 | 2,936 | - | - | |
9904 |
-128,172 | -51,055 | -59,316 | -30,119 | -49,536 | -32,812 | 7,825 | |
9905 |
-128,172 | -51,055 | -59,316 | -30,119 | -49,536 | -32,812 | 7,825 | |
| Appropriation of the result | ||||||||
9906 |
-343,185 | -215,014 | -163,958 | -104,642 | -74,523 | -24,987 | 7,825 | |
14P |
-215,014 | -163,958 | -104,642 | -74,523 | -24,987 | - | - | |
| Document | ||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 14-09-2026.
2025 annual accounts filed 45 days after the deadline. Filed on 14 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00512142.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 14-09-2026 | 2026-00512142 | |
| 31-12-2024 | micro format | 28-09-2025 | 2025-00507699 | |
| 31-12-2023 | micro format | 26-09-2024 | 2024-00472812 | |
| 31-12-2022 | micro format | 26-09-2023 | 2023-00453979 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20365472 | |
| 31-12-2020 | micro format | 28-10-2021 | 2021-74500576 | |
| 31-12-2019 | micro format | 30-10-2020 | 2020-66900284 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| -17,511 | 46,447 | 42,513 | 60,713 | 44,233 | 60,660 | 70,285 | ||
| -69,585 | 7,481 | -568 | 31,510 | 14,756 | 30,338 | 70,614 | ||
| 0 | 4,200 | 2,766 | 0 | 2,975 | 8,148 | 2.9m | ||
| -104,096 | 8,558 | 6,996 | 11,684 | -5,567 | 24,396 | - | ||
| -831,147 | -741,113 | -722,440 | -697,820 | -707,795 | -703,295 | -704,941 | ||
| 51.6% | 53.8% | 55.1% | 56.6% | 56.7% | 57.1% | 57.9% | ||
| 0.01 | 0.13 | 0.12 | 0.12 | 0.10 | 0.11 | 0.08 | ||
| 0.89 | 0.81 | 0.77 | 0.72 | 0.71 | 0.70 | 0.68 | ||
| -13.1% | -4.6% | -5.1% | -2.5% | -4.0% | -2.5% | 0.6% | ||
| -6.8% | -2.5% | -2.8% | -1.4% | -2.3% | -1.4% | 0.3% | ||
| -0.32 | 1.09 | 0.92 | 1.89 | 1.36 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €4,200 | €2,766 | - | €2,975 |
| €58,587 | €58,536 | €58,748 | €61,629 | €64,292 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €76,097, larger than the loss of €12,089 in 2024. It is the lowest result since 2019.
Debt's share of the balance-sheet total rises from 43.7% to 45.8%. Equity and debt are lower.
WARNIMO has no parent and no holdings in its annual accounts. is the only director.
| REANIMATOR
registered office since 08-08-2005 |
founded in 2005 0875.471.817 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Appelstraat 19 registered office 2140 Antwerp | 16-09-2019 | 2.293.743.261 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11006A0294/00A007 | 169 m² | 1 · 169 m² | 14.0 m · 3 |
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