Summary
WARLINCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €8.48M and a net result of €1.61M. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 5527 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
51 d early
2023
1 d early
2022
41 d early
2021
on the day
2020
1 d late
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€8.48M▲ 10.0%
2024 · €7.71M
2019: €3.52M
2020: €4.36M
2021: €4.76M
2022: €3.89M
2023: €6.89M
2024: €7.71M
2019 → 2025
Net result
€1.61M▲ 6.3%
2024 · €1.51M
2019: €689k
2020: €840k
2021: €594k
2022: €599k
2023: €721k
2024: €1.51M
2019 → 2025
Total assets
€9.76M▲ 8.2%
2024 · €9.02M
2019: €4.09M
2020: €4.65M
2021: €5.28M
2022: €5.58M
2023: €8.71M
2024: €9.02M
2019 → 2025
Solvency
86.8%▲ 1.4pp
2024 · 85.4%
2019: 86.1%
2020: 93.8%
2021: 90.1%
2022: 69.8%
2023: 79.0%
2024: 85.4%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.76M-€3.89M▼ 18.2%€6.89M▲ 76.8%€7.71M▲ 11.9%€8.48M▲ 10.0%
Operating result€822k-€1.10M▲ 34.0%€833k▼ 24.4%€1.13M▲ 36.1%€1.11M▼ 2.2%
Net result€594k-€599k▲ 0.9%€721k▲ 20.4%€1.51M▲ 109%€1.61M▲ 6.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.76M
Fixed assets
€3.71M =
Current assets
€6.05M ▲ 14.0%
Equity and liabilities €9.76M
Equity
€8.48M ▲ 10.0%
Debt
€1.29M ▼ 2.0%
Debt's share of the balance-sheet total falls from 14.6% to 13.2%. Equity is higher and debt is lower.
Key figures and ratios
ROE
19.0%▼
2024 · 19.6%
ROA
16.5%▼
2024 · 16.7%
Debt ≤ 1 year
€1.29M▲
2024 · €1.09M
Income taxes
€469k▲
2024 · €441k
Staff costs
€85k▼
2024 · €98k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.02M€9.76M▲
Fixed assets21/28€3.72M€3.71M=
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€3.71M€3.71M=
Current assets29/58€5.31M€6.05M▲
Amounts receivable within one year40/41€2.86M€1.22M▼
Trade receivables40€0-
Other amounts receivable41€2.86M€1.22M▼
Current investments50/53€2.35M€3.69M▲
Cash at bank and in hand54/58€75k€1.12M▲
Deferred charges and accrued income490/1€17k€13k▼
Equity and liabilities
Total equity and liabilities10/49€9.02M€9.76M▲
Equity10/15€7.71M€8.48M▲
Contributions10/11€2.64M€2.64M=
Reserves13€5.07M€5.83M▲
Distributable reserves133€5.07M€5.83M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.32M€1.29M▼
Amounts payable within one year42/48€1.09M€1.29M▲
Trade debts44€10k€116k▲
Suppliers440/4€10k€116k▲
Taxes, remuneration and social security45€235k€207k▼
Taxes450/3€223k€189k▼
Remuneration and social security454/9€13k€18k▲
Other amounts payable47/48€843k€965k▲
Accrued charges and deferred income492/3€226k€998▼
Income statement
Code20242025
Non-recurring operating income76A€17k€0▼
Remuneration, social security and pensions62€98k€85k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€6k€9k▲
Gross operating margin9900€1.24M€1.21M▼
Operating profit (loss)9901€1.13M€1.11M▼
Financial income75/76B€818k€1.01M▲
Recurring financial income75€818k€1.01M▲
Financial charges65/66B€-758€44k▲
Recurring financial charges65€-758€44k▲
Profit (loss) for the period before taxes9903€1.95M€2.08M▲
Income taxes67/77€441k€469k▲
Profit (loss) for the period9904€1.51M€1.61M▲
Profit (loss) for the period to be appropriated9905€1.51M€1.61M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.51M€1.61M▲
Transfer from equity791/2€689k€839k▲
Transfer to equity691/2€1.51M€1.61M▲
To other reserves6921€1.51M€1.61M▲
Profit to be distributed694/7€689k€839k▲
Return on contributions (dividend)694€689k€839k▲
Social balance
Average headcount (FTE)90871.31.0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €1.61M ▲6.3%
Net result €1.61M, the highest in the series.
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €5MEq €6.89M ▲76.8%
5 profitable years in a row build equity to €6.89M.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €594k ▼29.3%
Net result drops to €594k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Liquidity triplescurrent ratio 9.47
Current ratio from 3.76 to 9.47; short-term debt falls from €569k to €286k.
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tielt · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Haandeput 58760 TieltGround area
3,849 m²
Building footprint
296 m²
Volume, LiDAR
1,408 m³
Parcel 37322C0500/00C000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WARLINCO
since 20022.086.374.681
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322C0500/00C000 | Flanders | 3,849 m² | 1 · 296 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 149 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 149 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500UJO45XE5MQ3179
Similar companies · same sector, comparable size
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PMC+
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 6,502 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-1998
Fiscal year end30-06
Activities, NACEBEL 2025
49410Freight transport by road
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.