WARO
ActiveSummary
WARO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59,575 and a net result of €248,016. Equity remains stable across the filed fiscal years (±1.4% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 17.13 against 3.9 in 2024; short-term debt: 0.3% and cash: 5.5% of total assets), and 7.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
92.2%
Return on assets
383.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
1 d early
2023
22 d early
2022
17 d early
2021
79 d early
2020
31 d late
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€59,575▼ 3.2%
2024 · €61,559
Total assets
€64,624▲ 4.7%
2024 · €61,735
Net result
€248,016▲ 80.5%
2024 · €137,374
Working capital
€3,366▲ 560%
2024 · €510
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€843▼ 56.4%-€848▼ 0.5%-€601▲ 29.1%-€704▼ 17.1%-€5,593▼ 695%
Net result-€894€129,858€159,316▲ 22.7%€137,374▼ 13.8%€248,016▲ 80.5%
Equity€63,598▼ 1.4%€67,369▲ 5.9%€64,185▼ 4.7%€61,559▼ 4.1%€59,575▼ 3.2%
Total assets€63,974▼ 0.8%€67,369▲ 5.3%€64,270▼ 4.6%€61,735▼ 3.9%€64,624▲ 4.7%
Debt€376€0▼ 100%€85€176▲ 107%€5,049▲ 2,771%
Working capital€2,550▼ 26.0%€6,320▲ 148%€3,137▼ 50.4%€510▼ 83.7%€3,366▲ 560%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,593 in 2025 against €704 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64,624
Fixed assets
€61,049 =
Current assets
€3,575 ▲ 421%
Equity and liabilities €64,624
Equity
€59,575 ▼ 3.2%
Debt
€5,049 ▲ 2,771%
Debt's share of the balance-sheet total rises from 0.3% to 7.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
17.13▲
2024 · 3.90
Debt to equity
0.08▲
2024 · 0.00
ROE
416.3%▲
2024 · 223.2%
ROA
383.8%▲
2024 · 222.5%
Debt ≤ 1 year
€209▲
2024 · €176
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €541 | €198 | €85 | €613 | €632 | ▲ 3.0% |
| Gross operating margin9900 | -€303 | -€650 | -€516 | -€91 | -€4,961 | ▼ 5,367% |
| Operating profit (loss)9901 | -€843 | -€848 | -€601 | -€704 | -€5,593 | ▼ 695% |
| Financial income75/76B | €0 | €131,063 | €160,103 | €138,274 | €253,808 | ▲ 83.6% |
| Recurring financial income75 | €0 | €131,063 | €160,103 | €138,274 | €253,808 | ▲ 83.6% |
| Financial charges65/66B | €51 | €357 | €185 | €197 | €199 | ▲ 1.1% |
| Recurring financial charges65 | €51 | €357 | €185 | €197 | €199 | ▲ 1.1% |
| Profit (loss) for the period before taxes9903 | -€894 | €129,858 | €159,316 | €137,374 | €248,016 | ▲ 80.5% |
| Profit (loss) for the period9904 | -€894 | €129,858 | €159,316 | €137,374 | €248,016 | ▲ 80.5% |
| Profit (loss) for the period to be appropriated9905 | -€894 | €129,858 | €159,316 | €137,374 | €248,016 | ▲ 80.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63,974 | €67,369 | €64,270 | €61,735 | €64,624 | ▲ 4.7% |
| Fixed assets21/28 | €61,049 | €61,049 | €61,049 | €61,049 | €61,049 | = |
| Financial fixed assets28 | €61,049 | €61,049 | €61,049 | €61,049 | €61,049 | = |
| Current assets29/58 | €2,925 | €6,320 | €3,221 | €686 | €3,575 | ▲ 421% |
| Cash at bank and in hand54/58 | €2,925 | €6,320 | €3,221 | €686 | €3,575 | ▲ 421% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63,974 | €67,369 | €64,270 | €61,735 | €64,624 | ▲ 4.7% |
| Equity10/15 | €63,598 | €67,369 | €64,185 | €61,559 | €59,575 | ▼ 3.2% |
| Contributions10/11 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Reserves13 | €1,783 | €1,783 | €1,783 | €1,783 | €1,783 | = |
| Non-distributable reserves130/1 | €1,783 | €1,783 | €1,783 | €1,783 | €1,783 | = |
| Reserves not available under the articles1311 | €1,783 | €1,783 | €1,783 | €1,783 | €1,783 | = |
| Profit (loss) carried forward14 | €30,829 | €34,599 | €31,416 | €28,789 | €26,805 | ▼ 6.9% |
| Amounts payable17/49 | €376 | €0 | €85 | €176 | €5,049 | ▲ 2,771% |
| Amounts payable within one year42/48 | €376 | €0 | €85 | €176 | €209 | ▲ 18.7% |
| Trade debts44 | €376 | €0 | €85 | €176 | €209 | ▲ 18.7% |
| Suppliers440/4 | €376 | €0 | €85 | €176 | €209 | ▲ 18.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €4,840 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€894 | €129,858 | €159,316 | €137,374 | €248,016 | ▲ 80.5% |
| Operating cash flow (approximation) | -€894 | €129,858 | €159,316 | €137,374 | €248,016 | ▲ 80.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €3,395 | -€3,099 | -€2,535 | €2,889 | ▲ 214% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
State Gazette act
Appointment: AGRIMAT NV (director)Permanent representative: Lieselore DEPAEPE3 facts ▸
State Gazette act
Appointment: AGRIMAT NV (director)
Permanent representative: Lieselore DEPAEPE3 facts ▸
- Director appointment, AGRIMAT NV (director)
- Permanent representative, Lieselore DEPAEPE (permanent representative)
- Other statement, geen andere punten te behandelen
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €248,016 ▲80.5%
Net result €248,016, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 17.13
Current ratio from 3.90 to 17.13.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €129,858
Net result €129,858 after one loss-making year.
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €82,513
Net result €82,513 after 2 loss-making years.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
Show earlier events
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
Agrimat NV
CurrentDirector · since 24-07-2026 · Legal entity · perm. rep.: Lieselore DEPAEPE
Permanent representatives 1
Lieselore DEPAEPE
CurrentPermanent representative · since 24-07-2026 · for Agrimat NV
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Wortegem-Petegem · 1 establishment unit since 1995
Ground area
7,113 m²
Building footprint
1,027 m²
Volume, LiDAR
7,258 m³
Parcel 45055D0422/00R000, Flanders · tallest building 14.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WARO
since 19952.071.229.320
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45055D0422/00R000 | Flanders | 7,113 m² | 1 · 1,027 m² | 14.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Agrimat NV |
|
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
- MECREA
- WARO
Highest known parent: MECREA. The sources do not say who stands above it.
Owners 2
- MECREAparentSourceaccounts MECREA 202460%
- Sourceaccounts AGRIMAT 202440%
Holdings 1
-
100%
According to the 2025 annual accounts of WARO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded03-03-1995
Fiscal year end31-12
Contact
Phone
056/62.74.00.Wortegem-Petegem
Fax
056/62.74.39.Wortegem-Petegem
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.