Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
WARM from Turnhout, company number BE0785848765, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year WARM recorded a gross margin of € -2,255 and equity of € -1.7 million. Compared with financial year 2024, the result moved from € -296 to € -1.7 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ -1.7 million
▼ € 1.7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ 590774 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,441
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.8 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 97,721
▲ € 94,545 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,360 | € -1,019 | € -2,436 | € -2,255 | ▲ € 181 |
| Profit after taxes | € -5,076 | € -3,463 | € -296 | € -1,746,092 | ▼ € 1.7 million |
| Equity | € 4,924 | € 1,461 | € 1,166 | € -1,744,926 | ▼ € 1.7 million |
| Total debts | € 121,344 | € 1,523,626 | € 3,435,603 | € 3,392,091 | ▼ 1% |
| Cash | - | - | € 53,782 | € 1,441 | ▼ 97% |
| Retained profit | € -5,076 | € -8,539 | € -8,834 | € -1,754,926 | ▼ € 1.7 million |
| Balance sheet total | € 126,267 | € 1,525,087 | € 3,436,768 | € 1,647,164 | ▼ 52% |
Key figures of WARM, 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 WARM?
What happened at WARM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.7 million. Source: NBB ↗
- New establishment in Vosselaar. KBO
- Aveyond BV became a director. NBB
- Kelvin Projects BV became a director. NBB
- Patrick Block Management Consulting BV became a director. NBB
- Storm Management NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,076 loss in 2022 to € 1.7 million loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Kelvin Projects, STORM MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WARMBehind WARM are Aveyond BV, Kelvin Projects BV, Patrick Block Management Consulting BV and Storm Management NV. The shares are held by Kelvin Projects (50%) and STORM MANAGEMENT (50%). It owns 100% of WARMTENET ARENDONK, 100% of VAARTWARMTE, 100% of WARMTENET RINKKAAI, 100% of WARMTENET ANTWERPEN OOST, 100% of Warmtenet Zelzate and 100% of WARMTENET RIJMENAM itself.
Directors
According to the 2025 annual accounts
Director · represented by Bart Van Renterghem
Also active at: Storm 67, Vaartwarmte, Warmtenet Antwerpen Zuid, Warmtenet Rijmenam, Warmtenet Antwerpen Oost, Storm 68, Storm 103, STORM 102 +3 more
since 2022
Director · represented by Hartwin Leen
Also active at: WARMTE VERZILVERD, Vaartwarmte, Warmtenet Antwerpen Zuid, Warmtenet Rijmenam, Warmtenet Antwerpen Oost, Warmtenet Arendonk, Warmtenet Zelzate, Warmtenet Rinkkaai
since 2022
Patrick Block Management Consulting BV
Director · represented by Patrick Block
Also active at: TELETRONIKA, Circet Projects, Vaartwarmte, Warmtenet Antwerpen Zuid, CIRCET BELGIUM, Circet Infratechniek
since 2022
Director · represented by Jan Caerts
Also active at: Storm Zandvliet, Storm 17, STORM 16, Storm Genk, STORM 19, Storm Meer 2, Storm Minderhout, STORM HOLDING 2 +103 more
since 2022
Shareholders
50%
50%
Participations
100%
100%
100%
100%
100%
Establishments
Establishment units
Physical locations of this company
Kempenlaan 2A
2300 Turnhout
De Populierkens 1
2350 Vosselaar
Active since 9 May 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →VAN ROEY AUTOMATION
€ 54.2 million revenue · 2025
Kelvin Solutions
€ 1.5 million gross margin · 2025
JAHANI 1
Kelvin Projects same network
€ -14 gross margin · 2025
SYNTRES
€ 365,516 gross margin · 2025
+19 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0785.848.765
- VAT number
- BE 0785.848.765
- Registered office
- Kempenlaan 2A, 2300 Turnhout
- Names & denominations
- WARM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 May 2022
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Activiteiten van holdings
Holdings