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WARQ

Active
Public limited companyfounded 201610 yrs activeRue Victor Cuvelier 18, 7190 Ecaussinnes, BelgiumKBO/BCE: BE 0653.875.119
Summary

WARQ has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€9,961) and a net result of -€83,631. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 468 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
WARQActiveChecked score 40/100
Risk analysis ReportCompare

Overview

What they do
Other amusement and recreation activities
NACE 93299
1 site
How big
€1.2mtotal assets 2025
Equity
-€9,961
Loss
-€83,631
Financially healthy?
40 Weak Checked score 2025
Bankruptcy chance 12 m
0.3%
Who decides
Parent
Blockhouse Europe · 100%
Accounts 38 d early0 of 9 deeds read
Why 40- Annual accounts: weaker financial profile- Higher-failure-rate region- Negative equity+ Lower-failure-rate sector+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2025
40 / 100
Weak
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-5
Solvency24▼-10
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.14 against 1.49 in 2024; short-term debt: 85.9% and cash: 18.1% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-0.8%
Return on assets
-6.9%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€9,961
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 23-06-2026, 38 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
38 d early
2024
26 d late
2023
30 d late
2022
25 d late
2021
31 d early
2020
89 d late
2019
93 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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. Usually files around 25 August (4 of the last 5 filed years within 56 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€9,961 View
  • Caution: Among the weakest 16% on equitysector median €535,117 · 468 companies -€9,961 View
  • Controlled by Blockhouse Europe 100% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€83,631 View

By topic

Financials

Fiscal year
2025
Total assets
€1.2m
Loss
-€83,631
Solvency
-0.8%
Total assets▲ 47.4%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2018
Next accounts
by 31-07-2027
  1. 23-06-2026Annual accounts filed
  2. 26-08-2025Annual accounts filed
  3. 30-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other amusement and recreation activitiesNACE 93299
Founded
10-05-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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