Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NIWARO from Saint-Georges-sur-Meuse, company number BE0684508115, closed financial year 2025 with a result of € 107,588 after tax. For that financial year NIWARO recorded a gross margin of € 307,551 and equity of € 213,692. Compared with financial year 2024, the result moved from € 108,774 to € 107,588. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 213,692
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 107,588
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 144,509
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 127,342
▼ 9% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,984
▲ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 53,194
▼ 29% vs 2024
€ 42,018 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 92,386
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 98,796
▲ 65% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 216,114 | € 244,284 | € 298,259 | € 307,551 | ▲ 3% |
| Profit after taxes | € 40,011 | € 52,227 | € 108,774 | € 107,588 | ▼ 1% |
| Equity | € 145,103 | € 197,330 | € 306,104 | € 213,692 | ▼ 30% |
| Total debts | € 336,042 | € 300,089 | € 275,361 | € 463,930 | ▲ 68% |
| Cash | € 82,110 | € 125,317 | € 114,462 | € 144,509 | ▲ 26% |
| Retained profit | € 126,503 | € 176,870 | € 285,644 | € 193,232 | ▼ 32% |
| Dividend | € 4,200 | € 0 | € 0 | € 200,000 | |
| Bank debt | € 116,934 | € 109,566 | € 74,679 | € 53,194 | ▼ 29% |
| Balance sheet total | € 481,145 | € 497,419 | € 581,465 | € 677,622 | ▲ 17% |
Key figures of NIWARO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NIWARO?
What happened at NIWARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 107,588 (▼ 1% vs 2024). Source: NBB ↗
- New establishment in Saint-Georges-sur-Meuse. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,011 profit in 2022 to € 107,588 profit in 2025.
Paid € 100,177 in corporate taxes since 2022.
Best year ever: 2024, with € 108,774 profit.
Paid out € 204,200 in dividends to the owners in total.
Management
Behind NIWARO are PHILIPPE FAUCHET and Sylvia VENEZIANO.
Directors
According to the 2025 annual accounts
PHILIPPE FAUCHET
Director
Sylvia VENEZIANO
Director
Establishments
Establishment units
Physical locations of this company
Rue Warfée 62
4470 Saint-Georges-sur-Meuse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0684.508.115
- VAT number
- BE 0684.508.115
- Registered office
- Rue Warfée 62, 4470 Saint-Georges-sur-Meuse
- Names & denominations
- NIWARO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2017
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Detailhandel in chocolade en suikerwerk
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Catering van evenementen
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