ACTIVE

WARNING PRODUCTION

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Financial year 2025 · closed on 30/09/2025

Net result

9,6 k €

-21.8% YoY

Gross margin

34,4 k €

-4.9% YoY

Equity

791,4 k €

+1.2% YoY

What does WARNING PRODUCTION do?

WARNING PRODUCTION is a Private company with limited liability incorporated in 1998. Its main activity is: Advertising agencies. Its registered office is in Kraainem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.417.192

Incorporation

21/10/1998

Legal form

Private company with limited liability

Registered office

Avenue des Muguets 1
1950 Kraainem · FlandreSee on map

Contributed capital

18 592,00 €

Latest accounts

30/09/2025

Activities (NACE)

73110Advertising agencies· main 73110Advertising agencies 74401Other professional, scientific and technical activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	34,4 k €	-4.9%	36,2 k €	+3.7%	34,9 k €	-57.3%	81,7 k €	-68.0%	255,3 k €	+533%	40,3 k €	-69.4%	132 k €	-33.2%	197,7 k €	+1.2%	195,3 k €	+5.5%	185,2 k €	+3.8%	178,4 k €	+1.4%	176 k €	-25.1%	235,1 k €	+15.2%	204,2 k €	-12.3%	232,8 k €	+25.4%	185,6 k €	+23.9%	149,9 k €	-31.5%	218,9 k €
EBITDA	29,5 k €	-7.8%	32 k €	+4.2%	30,7 k €	-57.7%	72,6 k €	-71.1%	251,7 k €	+561%	38,1 k €	-23.4%	49,7 k €	-27.1%	68,1 k €	+7.5%	63,4 k €	+25.8%	50,4 k €	+22.4%	41,2 k €	+11.6%	36,9 k €	-53.4%	79,1 k €	+7.0%	74 k €	-31.4%	107,8 k €	+57.8%	68,3 k €	+34.4%	50,8 k €	-43.1%	89,3 k €
Operating result	14,8 k €	-14.3%	17,3 k €	+9.2%	15,9 k €	-71.9%	56,6 k €	-75.9%	235 k €	+1122%	19,2 k €	-32.8%	28,6 k €	-40.4%	48 k €	+21.5%	39,5 k €	+74.6%	22,6 k €	+165%	8,5 k €	+20.0%	7,1 k €	-84.8%	46,7 k €	+30.6%	35,8 k €	-49.0%	70,1 k €	+82.6%	38,4 k €	+258%	10,7 k €	-81.5%	58,1 k €
Net result	9,6 k €	-21.8%	12,3 k €	+17.8%	10,5 k €	-74.7%	41,3 k €	-74.4%	161,1 k €	+604%	22,9 k €	-8.8%	25,1 k €	-47.4%	47,7 k €	+43.4%	33,3 k €	+151%	13,3 k €	+253%	3,8 k €	+334%	866 €	-97.1%	30,1 k €	+76.5%	17,1 k €	-31.5%	24,9 k €	+1195%	1,9 k €	+119%	-10,3 k €	-141%	25,3 k €
Balance sheet
Equity	791,4 k €	+1.2%	781,8 k €	+1.6%	769,4 k €	+1.4%	759 k €	+3.6%	732,7 k €	+24.9%	586,6 k €	+1.4%	578,8 k €	+2.3%	565,7 k €	+6.7%	530 k €	+4.2%	508,7 k €	+2.7%	495,4 k €	+0.8%	491,7 k €	+0.2%	490,8 k €	+3.2%	475,7 k €	+0.4%	473,7 k €	+1.0%	468,8 k €	+0.4%	466,8 k €	-2.2%	477,1 k €
Total assets	958,9 k €	+3.4%	927 k €	+3.4%	896,7 k €	+1.5%	883 k €	-16.6%	1,1 M €	+25.1%	846 k €	-16.0%	1 M €	-7.3%	1,1 M €	+4.8%	1 M €	+10.9%	934,9 k €	-0.7%	941,8 k €	+9.3%	861,5 k €	-9.6%	952,5 k €	-8.3%	1 M €	-4.2%	1,1 M €	+12.1%	967,2 k €	-6.4%	1 M €	-12.0%	1,2 M €
Cash	2 k €	-22.1%	2,5 k €	+42.6%	1,8 k €	-38.2%	2,8 k €	+17.3%	2,4 k €	-4.2%	2,5 k €	-94.7%	47,7 k €	-22.3%	61,4 k €	+507%	10,1 k €	-61.8%	26,5 k €	+112%	12,5 k €	-83.2%	74,4 k €	-26.0%	100,6 k €	-33.5%	151,3 k €	+8.8%	139,1 k €	+9.2%	127,4 k €	-54.6%	280,8 k €	-28.9%	394,9 k €
Debts	110,8 k €	+25.2%	88,5 k €	+25.5%	70,5 k €	+7.7%	65,5 k €	-75.4%	266,1 k €	+33.7%	198,9 k €	-35.6%	308,9 k €	-23.3%	402,8 k €	+10.9%	363,2 k €	+8.8%	334 k €	-3.8%	347,2 k €	+10.3%	314,8 k €	-21.5%	401,3 k €	-20.0%	501,5 k €	-9.7%	555,4 k €	+26.8%	437,9 k €	-13.5%	506,3 k €	-19.7%	630,6 k €
Other
Workforce	–		–		–		–		–		–		0,9 ETP	-50.0%	1,8 ETP		–		2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-9.1%	2,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Alain Vanhouteghem

Director · since 12 octobre 1998

Active

Ended mandates

Alain Vanhouteghem

Manager · since 12 octobre 1998

Ended

At this address

Other companies at this address

Company	CBE no.
iMaus● Active	1026.353.337

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	30/04/2025	30/04/2024	02/05/2023	13/05/2022	30/04/2021
General meeting	16/03/2026	07/04/2025	15/04/2024	10/04/2023	02/05/2022	05/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	16/03/2026	29/04/2026	Dutch	PDF
Micro model	30/09/2024	07/04/2025	30/04/2025	Dutch	PDF
Micro model	30/09/2023	15/04/2024	30/04/2024	Dutch	PDF
Micro model	30/09/2022	10/04/2023	02/05/2023	Dutch	PDF
Abridged model	30/09/2021	02/05/2022	13/05/2022	Dutch	PDF
Abridged model	30/09/2020	05/04/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	16/03/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	18/03/2019	30/04/2019	Dutch	PDF
Micro model	30/09/2017	19/03/2018	03/05/2018	Dutch	PDF
Abridged model	30/09/2016	20/03/2017	08/05/2017	Dutch	PDF
Abridged model	30/09/2015	21/03/2016	21/04/2016	Dutch	PDF
Abridged model	30/09/2014	16/03/2015	27/04/2015	Dutch	PDF
Abridged model	30/09/2013	07/04/2014	30/04/2014	Dutch	PDF
Abridged model	30/09/2012	06/05/2013	31/05/2013	Dutch	PDF
Abridged model	30/09/2011	07/05/2012	25/05/2012	Dutch	PDF
Abridged model	30/09/2010	02/05/2011	29/05/2011	Dutch	PDF
Abridged model	30/09/2009	03/05/2010	27/05/2010	French	PDF
Abridged model	30/09/2008	27/04/2009	26/05/2009	French	PDF
Abridged model	30/09/2007	07/04/2008	29/05/2008	Dutch	PDF
Abridged model	30/09/2006	09/04/2007	03/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Alain Vanhouteghem

Director · since 12 octobre 1998

Active

Ended mandates

Alain Vanhouteghem

Manager · since 12 octobre 1998

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office13/04/2006
SIEGE SOCIAL
PDF
Registered office02/04/2003
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20259,6 k €↓
2024
Annual accounts 202412,3 k €↑
2023
Annual accounts 202310,5 k €↓
2022
Annual accounts 202241,3 k €↓
2021
Annual accounts 2021161,1 k €↑
2020
Annual accounts 202022,9 k €↓
2019
Annual accounts 201925,1 k €↓
2018
Annual accounts 201847,7 k €↑
2017
Annual accounts 201733,3 k €↑
2016
Annual accounts 201613,3 k €↑
2015
Annual accounts 20153,8 k €↑
2014
Annual accounts 2014866 €↓
2013
Annual accounts 201330,1 k €↑
2012
Annual accounts 201217,1 k €↓
2011
Annual accounts 201124,9 k €↑
2010
Annual accounts 20101,9 k €↑
2009
Annual accounts 2009-10,3 k €↓
2008
Annual accounts 200825,3 k €
21/10/1998
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

WARNING PRODUCTION

Overview

What does WARNING PRODUCTION do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline