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WARID

Active
Private limited companyfounded 2016active for 10 yearsThéodore Verhaegenstraat 196-202, 1060 Sint-Gillis (bij-Brussel), Belgium175 active companies are registered at this addressKBO/BCE: BE 0650.881.381
Summary

The computed 12-month bankruptcy probability of WARID is 8.3% (elevated). The 2024 annual accounts show equity of €52,302 and a net result of €3,426. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 67% of 18,734 sector peers (NACE 56, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€105,550total assets 2024
Equity
€52,302
Profit
€3,426
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.3%
Structure
Accounts 78 days overdue1 of 3 deeds read
Why 35raises riskFigures for financial year 2024 (filed 25-12-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 145 days late; 3 of the last 3 lateSector: Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 55% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 75+12
equity 49.6% of total assets
Liquidity 49+20
short-term debt 39.7% · cash 14.1%
Profitability 73+11
return on assets 3.2%
Bankruptcy probability, 12 months
8.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,741 companies, NACE 56, micro)
Last 24 months 11-2024: 6.7% 12-2024: 7.4%▲ +0.7 percentage points vs 11-2024 01-2025: 5.3%▼ -2.1 percentage points vs 12-2024 02-2025: 5.3%● unchanged vs 01-2025 03-2025: 5.6%▲ +0.3 percentage points vs 02-2025 04-2025: 5.7%▲ +0.1 percentage points vs 03-2025 05-2025: 5.5%▼ -0.2 percentage points vs 04-2025 06-2025: 5.3%▼ -0.2 percentage points vs 05-2025 07-2025: 5.3%● unchanged vs 06-2025 08-2025: 5.7%▲ +0.4 percentage points vs 07-2025 09-2025: 6.0%▲ +0.3 percentage points vs 08-2025 10-2025: 7.7%▲ +1.7 percentage points vs 09-2025 11-2025: 7.5%▼ -0.2 percentage points vs 10-2025 12-2025: 9.0%▲ +1.5 percentage points vs 11-2025highest value 01-2026: 2.4%▼ -6.6 percentage points vs 12-2025lowest value 02-2026: 3.2%▲ +0.8 percentage points vs 01-2026 03-2026: 3.2%● unchanged vs 02-2026 04-2026: 3.3%▲ +0.1 percentage points vs 03-2026 05-2026: 3.5%▲ +0.2 percentage points vs 04-2026 06-2026: 3.3%▼ -0.2 percentage points vs 05-2026 07-2026: 3.3%● unchanged vs 06-2026 08-2026: 4.2%▲ +0.9 percentage points vs 07-2026 09-2026: 5.3%▲ +1.1 percentage points vs 08-2026 10-2026: 8.3%▲ +3.0 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.1, compared with 1.75 in 2023, above the usual 1.5; short-term debt: 39.7% and cash: 14.1% of total assets), but 50.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 67% on solvency, 45% on liquidity, 54% on profitability and 52% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · Figures for financial year 2024 (filed 25-12-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 145 days late; 3 of the last 3 late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-12-2025, 145 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
145 days late
2023
138 days late
2022
149 days late
2021
144 days late
2020
142 days late
2019
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 130 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: AHMAD Irfan (director)Share transfer · Registered-office move…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
  • Positive: 7 profitable years in a rowprofit 2024: €3,426 7 years View
  • A director leftlatest change 05-01-2026 · 0 in office 1 left View

By topic

Financials

Financial year
2024
Total assets
€105,550
Profit
€3,426
Solvency
49.6%
Turnover▼ 60.2%
Net result
20192023
Go to Financials

Timeline

Events
11
Since
2018
  1. 27-12-2023Annual accounts filed
  2. 22-12-2022Annual accounts filed
  3. 20-12-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
30-03-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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