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 17 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 43 to 38.6.
Financials
Financial year 2025
WARIMMO from Brussel, company number BE0874381655, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year WARIMMO recorded revenue of € 4.1 million and equity of € 652,222. Compared with financial year 2024, the result moved from € 439,779 to € -1.2 million. The company made a loss. The buffer shrank hard: equity is 65 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 652,222
▼ 65% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ still € 439,779 profit in 2024
Profit after tax over the fiscal year.
€ 175,367
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
People and assets in 2025
38.6
▼ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 5% vs 2024
€ 52,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 179,699
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.8 million
▼ 2% vs 2024
€ 162,525 is repaid this year. At this pace the long-term loan is gone in ≈ 42 years.
€ 339,018
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 395,697
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,717,009 | € 4,659,844 | € 4,218,990 | € 4,051,247 | ▼ 4% |
| Gross margin | € 2,119,577 | € 2,811,002 | € 2,524,902 | € 2,321,456 | ▼ 8% |
| Profit after taxes | € -94,054 | € 820,732 | € 439,779 | € -1,189,680 | ▼ € 1.6 million |
| Equity | € 587,400 | € 1,408,132 | € 1,847,911 | € 652,222 | ▼ 65% |
| Total debts | € 12,500,253 | € 11,593,870 | € 12,007,598 | € 15,770,700 | ▲ 31% |
| Cash | € 229,607 | € 152,250 | € 292,620 | € 175,367 | ▼ 40% |
| Land & buildings | € 10,962,525 | € 10,829,525 | € 10,696,525 | € 10,563,525 | ▼ 1% |
| Retained profit | € -1,672,609 | € -851,877 | € -412,098 | € -1,601,778 | ▼ € 1.2 million |
| Bank debt | € 7,357,550 | € 7,128,756 | € 6,987,122 | € 6,826,175 | ▼ 2% |
| Balance sheet total | € 13,087,653 | € 13,002,002 | € 13,855,509 | € 16,422,922 | ▲ 19% |
| Employees (FTE) | 40.5 | 43 | 41.5 | 38.6 | ▼ 2.9 |
By revenue, WARIMMO ranks 6th of 8 companies with main activity “Hotels en dergelijke accommodatie” in Brussel that publish figures (fiscal year 2025).
Key figures of WARIMMO, 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.
Ask about WARIMMO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to WARIMMO?
What happened at WARIMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- RICHARD CHIU stepped down as director. NBB
- SEBASTIEN SAUSSE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.2 million (▼ € 1.6 million vs 2024). Source: NBB ↗
- RICHARD CHIU became a director. NBB
- SEBASTIEN SAUSSE became a director. NBB
- Capital increase of € 1 million, published in the Gazette. Source: Staatsblad ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Brussel. KBO
In short
From € 94,054 loss in 2022 to € 1.2 million loss in 2025.
Paid € 178 in corporate taxes since 2022.
Best year ever: 2023, with € 820,732 profit.
On average € 60,100 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2020 · until 2027
SEBASTIEN SAUSSE
Director
since 2020 · until 2027
Establishments
Establishment units
Physical locations of this company
Louizalaan 381
1050 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- WARWICK HOLDINGS N.V.(inschrijver) 44.4%
- Richard CHIU(vennoot)
Incorporation
Source: Deed ↗- WARWICK HOLDINGS N V.(oprichter) 99%
- Richard CHIU(oprichter) 1%
Details
- Company number
- 0874.381.655
- VAT number
- BE 0874.381.655
- Registered office
- Louizalaan 381, 1050 Brussel
- Names & denominations
- WARIMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2005
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant