WARYM
Bankruptcy closedInactive since 01-07-2026; last annual accounts for fiscal year 2023.
Summary
WARYM was declared bankrupt on 20-03-2025 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed by liquidation by judgment of 30-06-2026, published in the Belgian State Gazette on 03-07-2026.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-09-2024, 50 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
50 d late
2022
416 d late
2021
173 d late
2020
11 d early
2019
138 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 153 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Retail trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€50,929▲ 32.4%
2022 · -€75,370
Total assets
€213,354▼ 6.7%
2022 · €228,619
Net result
€24,441
2022 · -€8,473
Working capital
-€219,591▲ 19.8%
2022 · -€273,744
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€69,679€3,861-€25,350-€3,720▲ 85.3%€26,241
Net result-€71,823€260within the sector's middle half-€27,590below the sector's middle half-€8,473below the sector's middle half▲ 69.3%€24,441above the sector's middle half
Equity-€39,567-€39,308below the sector's middle half▲ 0.7%-€66,898below the sector's middle half▼ 70.2%-€75,370below the sector's middle half▼ 12.7%-€50,929below the sector's middle half▲ 32.4%
Total assets€173,728▼ 9.7%€126,194within the sector's middle half▼ 27.4%€350,569above the sector's middle half▲ 178%€228,619within the sector's middle half▼ 34.8%€213,354within the sector's middle half▼ 6.7%
Debt€213,295▲ 33.1%€165,502▼ 22.4%€417,466▲ 152%€303,989▼ 27.2%€264,284▼ 13.1%
Working capital-€75,210-€73,993▲ 1.6%-€278,425▼ 276%-€273,744▲ 1.7%-€219,591▲ 19.8%
Solvency-22.8%▼ 39.5pp-31.1%below the sector's middle half▼ 8.4pp-19.1%below the sector's middle half▲ 12.1pp-33.0%below the sector's middle half▼ 13.9pp-23.9%below the sector's middle half▲ 9.1pp
Staff (FTE)1.3▼ 40.9%0.5below the sector's middle half▼ 61.5%1.1▲ 120%1.8▲ 63.6%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €26,241 after a loss of €3,720 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €213,354
Fixed assets
€168,661 ▼ 15.0%
Current assets
€44,693 ▲ 47.8%
Key figures and ratios
EBITDA
€61,404▲
2022 · €29,537
Cash flow
€59,604▲
2022 · €24,784
Current ratio
0.17▲
2022 · 0.10
Quick ratio
0.15▲
2022 · 0.08
Debt to equity
-5.19▼
2022 · -4.03
ROA
11.5%▲
2022 · -3.7%
Interest coverage
39.23▲
2022 · 5.93
Debt ≤ 1 year
€264,284▼
2022 · €303,989
Income taxes
€236
Staff costs
€0▼
2022 · €63,518
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €31,914 | €15,220 | ▼ 52.3% |
| Remuneration, social security and pensions62 | - | - | €42,035 | €63,518 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,985 | €23,800 | €24,971 | €33,257 | €35,163 | ▲ 5.7% |
| Other operating charges640/8 | - | - | €2,005 | €3,323 | €1,674 | ▼ 49.6% |
| Non-recurring operating charges66A | - | - | - | - | €48,972 | - |
| Gross operating margin9900 | €5,209 | €42,446 | €43,660 | €96,377 | €112,051 | ▲ 16.3% |
| Operating profit (loss)9901 | -€69,679 | €3,861 | -€25,350 | -€3,720 | €26,241 | ▲ 805% |
| Financial income75/76B | - | - | €11 | €226 | €1 | ▼ 99.6% |
| Recurring financial income75 | €489 | €773 | €11 | €226 | €1 | ▼ 99.6% |
| Financial charges65/66B | - | - | €2,250 | €4,978 | €1,565 | ▼ 68.6% |
| Recurring financial charges65 | €2,239 | €3,789 | €2,250 | €4,978 | €1,565 | ▼ 68.6% |
| Profit (loss) for the period before taxes9903 | -€71,429 | €845 | -€27,590 | -€8,473 | €24,677 | ▲ 391% |
| Income taxes67/77 | €394 | €585 | - | - | €236 | - |
| Profit (loss) for the period9904 | -€71,823 | €260 | -€27,590 | -€8,473 | €24,441 | ▲ 388% |
| Profit (loss) for the period to be appropriated9905 | -€71,823 | €260 | -€27,590 | -€8,473 | €24,441 | ▲ 388% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €173,728 | €126,194 | €350,569 | €228,619 | €213,354 | ▼ 6.7% |
| Fixed assets21/28 | €71,115 | €51,962 | €211,527 | €198,374 | €168,661 | ▼ 15.0% |
| Intangible fixed assets21 | - | €3,895 | €5,410 | €6,440 | €4,509 | ▼ 30.0% |
| Tangible fixed assets22/27 | €71,115 | €48,067 | €203,417 | €189,234 | €161,452 | ▼ 14.7% |
| Land and buildings22 | - | - | €157,956 | €153,810 | €135,277 | ▼ 12.0% |
| Plant, machinery and equipment23 | - | - | €31,572 | €27,442 | €25,086 | ▼ 8.6% |
| Furniture and vehicles24 | - | - | €13,889 | €7,983 | €1,089 | ▼ 86.4% |
| Financial fixed assets28 | - | - | €2,700 | €2,700 | €2,700 | = |
| Current assets29/58 | €102,613 | €74,233 | €139,041 | €30,245 | €44,693 | ▲ 47.8% |
| Stocks and contracts in progress3 | €8,500 | €1,102 | €5,995 | €5,995 | €5,995 | = |
| Stocks30/36 | - | - | €5,995 | €5,995 | €5,995 | = |
| Amounts receivable within one year40/41 | €63,739 | €47,791 | €102,864 | €2,727 | €1,955 | ▼ 28.3% |
| Trade receivables40 | - | - | €77,246 | €0 | €1,208 | - |
| Other amounts receivable41 | - | - | €25,619 | €2,727 | €747 | ▼ 72.6% |
| Cash at bank and in hand54/58 | €24,253 | €21,771 | €24,717 | €20,957 | €34,738 | ▲ 65.8% |
| Deferred charges and accrued income490/1 | - | - | €5,465 | €566 | €2,005 | ▲ 254% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €173,728 | €126,194 | €350,569 | €228,619 | €213,354 | ▼ 6.7% |
| Equity10/15 | -€39,567 | -€39,308 | -€66,898 | -€75,370 | -€50,929 | ▲ 32.4% |
| Contributions10/11 | €27,500 | - | €27,500 | €27,500 | €27,500 | = |
| Reserves13 | €4,756 | €4,756 | €4,756 | €4,756 | €4,756 | = |
| Non-distributable reserves130/1 | - | - | €238 | €238 | €238 | = |
| Reserves not available under the articles1311 | - | - | €238 | €238 | €238 | = |
| Distributable reserves133 | - | - | €4,518 | €4,518 | €4,518 | = |
| Profit (loss) carried forward14 | -€71,823 | -€71,564 | -€99,154 | -€107,626 | -€83,185 | ▲ 22.7% |
| Amounts payable17/49 | €213,295 | €165,502 | €417,466 | €303,989 | €264,284 | ▼ 13.1% |
| Amounts payable after more than one year17 | €35,432 | €16,838 | - | - | - | - |
| Amounts payable within one year42/48 | €177,823 | €148,226 | €417,466 | €303,989 | €264,284 | ▼ 13.1% |
| Current portion of amounts payable after more than one year42 | - | - | €16,838 | €46,465 | €31,870 | ▼ 31.4% |
| Financial debts43 | - | - | - | - | €9 | - |
| Credit institutions430/8 | - | - | - | - | €9 | - |
| Trade debts44 | €115,742 | €91,220 | €271,944 | €101,868 | €109,751 | ▲ 7.7% |
| Suppliers440/4 | - | - | €271,944 | €101,868 | €109,751 | ▲ 7.7% |
| Advances received on contracts in progress46 | - | - | €2,750 | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | €17,123 | €3,649 | €236 | ▼ 93.5% |
| Taxes450/3 | - | - | €2,153 | €0 | €236 | - |
| Remuneration and social security454/9 | - | - | €14,970 | €3,649 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €108,811 | €152,007 | €122,418 | ▼ 19.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€71,823 | €260 | -€27,590 | -€8,473 | €24,441 | ▲ 388% |
| + Depreciation and write-downs630 | €25,985 | €23,800 | €24,971 | €33,257 | €35,163 | ▲ 5.7% |
| Operating cash flow (approximation) | -€45,838 | €24,059 | -€2,619 | €24,784 | €59,604 | ▲ 140% |
| Investment in fixed assets (approximation) | - | -€4,646 | -€184,536 | -€20,104 | -€5,450 | ▲ 72.9% |
| Change in cash | - | -€2,483 | €2,947 | -€3,761 | €13,781 | ▲ 466% |
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
2026
03-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 30-06-2026
2025
26-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 20-03-2025
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 416 days late
2023
31-12
Financial
Back to profitnet €24,441
Net result €24,441 after 2 loss-making years.
20-11
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · event 14-11-2023
11-07
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement · event 06-07-2023
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 173 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €260
Net result €260 after one loss-making year.
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 138 days late
2019
31-12
Financial
Weakest financial yearnet -€71,823
Net result drops to -€71,823, the lowest in the series.
Show earlier events
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
2015
14-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 45 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are 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, Oostrozebeke
Ground area
512 m²
Building footprint
524 m²
Volume, LiDAR
5,538 m³
Parcel 37010E0590/00H000, Flanders · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37010E0590/00H000 | Flanders | 512 m² | 1 · 524 m² | 14.4 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Yves FRANCOIS EERTBRUGGESTRAAT 10,
8790 WAREGEM |
20-03-2025 → 30-06-2026 |
Public money · subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 5,331 EUR awarded · 5,331 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 1,525 EUR | 1,525 EUR |
| 2022 | 1 | 3,806 EUR | 3,806 EUR |
Similar companies · same sector and region
A.C.O.
BE 0468.550.679
Oostende
APERO FISH PALACE
BE 0534.658.060
Oostende
ATELJEE V&G
BE 0767.694.028
Pittem
CORNETTE FISH
BE 0450.687.536
Oostende
COUVIE
BE 0778.615.238
Oudenburg
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 466 companies in sector 47230 we hold annual accounts for 269. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47230Retail trade
47279Other retail sale of food
56210Event catering
Contact
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.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.