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 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MIWA EUROPE from Sankt Vith, company number BE0862650296, closed financial year 2025 with a result of € 66,009 after tax. For that financial year MIWA EUROPE recorded a gross margin of € 224,990 and equity of € 774,541. Compared with financial year 2024, the result moved from € 66,675 to € 66,009. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 774,541
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,009
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 34,775
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 768,341.
People and assets in 2025
€ 572
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 759,552
▼ 10% vs 2024
€ 161,807 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,963
▲ 113% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,980
▲ 70% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 182,974 | € 251,336 | € 196,754 | € 224,990 | ▲ 14% |
| Profit after taxes | € 55,568 | € 119,308 | € 66,675 | € 66,009 | ▼ 1% |
| Equity | € 602,548 | € 671,857 | € 708,532 | € 774,541 | ▲ 9% |
| Total debts | € 712,287 | € 601,083 | € 896,172 | € 790,334 | ▼ 12% |
| Cash | € 162,726 | € 62,827 | € 45,030 | € 34,775 | ▼ 23% |
| Land & buildings | € 828,585 | € 986,379 | € 1,147,608 | € 1,136,864 | ▼ 1% |
| Retained profit | € 596,348 | € 665,657 | € 702,332 | € 768,341 | ▲ 9% |
| Dividend | € 0 | € 50,000 | € 30,000 | € 0 | ▼ 100% |
| Bank debt | € 664,551 | € 540,068 | € 841,558 | € 759,552 | ▼ 10% |
| Balance sheet total | € 1,374,000 | € 1,331,619 | € 1,661,649 | € 1,620,041 | ▼ 3% |
Key figures of MIWA EUROPE, 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 MIWA EUROPE?
What happened at MIWA EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 66,009 (▼ 1% vs 2024). Source: NBB ↗
- New establishment in Sankt Vith. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,568 profit in 2022 to € 66,009 profit in 2025.
Paid € 98,858 in corporate taxes since 2022.
Best year ever: 2023, with € 119,308 profit.
Paid out € 80,000 in dividends to the owners in total.
Management
Behind MIWA EUROPE is Michael WARNY. It owns 67.1% of WARNY & C° SPRL itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
von-Dhaem-Strasse 12
4780 Sankt Vith
Talstrasse 16
4780 Sankt Vith
Active since 16 January 2004
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.650.296
- VAT number
- BE 0862.650.296
- Registered office
- von-Dhaem-Strasse 12, 4780 Sankt Vith
- Names & denominations
- MIWA EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2004
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)