ALL WHEELS
ActiveSummary
ALL WHEELS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €-8k. Equity is growing by ~22.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▲+1
Solvency44▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.1 in 2024; short-term debt: 81% and cash: 87.1% of total assets), and 81% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19%
Return on assets
-1.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-8k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
49 d early
2023
26 d late
2022
23 d late
2021
19 d late
2020
30 d late
2019
109 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€21k
2019 · €0
2019: €0
2019 → 2020
EBIT margin
-1078.6%
Net result
€-8k▲ 11.4%
2024 · €-9k
2018: €-28k
2019: €-9k
2020: €-223k
2021: €-12k
2022: €384k
2023: €5k
2024: €-9k
2018 → 2025
Working capital
€32k▼ 18.1%
2024 · €39k
2018: €-96k
2019: €-104k
2020: €-336k
2021: €-347k
2022: €47k
2023: €48k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-280k-€104k€109k▲ 4.7%€100k▼ 8.1%€92k▼ 7.8%
Operating result€-12k-€384k€-1k€-19k▼ 1,588%€-13k▲ 35.1%
Net result€-12k-€384k€5k▼ 98.7%€-9k€-8k▲ 11.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €484k
Fixed assets
€60k ▼ 1.1%
Current assets
€424k ▼ 0.7%
Equity and liabilities €484k
Equity
€92k ▼ 7.8%
Debt
€392k ▲ 1.1%
Debt's share of the balance-sheet total rises from 79.5% to 81.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-12k▲
2024 · €-19k
Cash flow
€-7k▲
2024 · €-8k
Current ratio
1.08▼
2024 · 1.10
Debt to equity
4.25▲
2024 · 3.88
ROE
-8.4%▲
2024 · -8.8%
ROA
-1.6%▲
2024 · -1.8%
Interest coverage
-169.34▲
2024 · -266.43
Debt ≤ 1 year
€392k▲
2024 · €388k
Income taxes
€0=
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€488k€484k▼
Fixed assets21/28€61k€60k▼
Tangible fixed assets22/27€61k€60k▼
Land and buildings22€57k€56k▼
Plant, machinery and equipment23€4k€4k▼
Current assets29/58€427k€424k▼
Amounts receivable within one year40/41€5k€2k▼
Other amounts receivable41€5k€2k▼
Cash at bank and in hand54/58€421k€422k▲
Deferred charges and accrued income490/1€604€781▲
Equity and liabilities
Total equity and liabilities10/49€488k€484k▼
Equity10/15€100k€92k▼
Contributions10/11€228k€228k=
Capital10€228k€228k=
Issued capital100€228k€228k=
Reserves13€9k€9k=
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Profit (loss) carried forward14€-137k€-145k▼
Amounts payable17/49€388k€392k▲
Amounts payable within one year42/48€388k€392k▲
Trade debts44€124€121▼
Suppliers440/4€124€121▼
Taxes, remuneration and social security45€27k€35k▲
Remuneration and social security454/9€27k€35k▲
Other amounts payable47/48€361k€357k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€32k-
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€684€698▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€-15k€-8k▲
Operating profit (loss)9901€-19k€-13k▲
Financial income75/76B€11k€5k▼
Recurring financial income75€11k€5k▼
Financial charges65/66B€70€70=
Recurring financial charges65€70€70=
Profit (loss) for the period before taxes9903€-9k€-8k▲
Income taxes67/77€0€0=
Profit (loss) for the period9904€-9k€-8k▲
Profit (loss) for the period to be appropriated9905€-9k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-137k€-145k▼
Profit (loss) brought forward from the previous period14P€-128k€-137k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
31-12
Financial
Back to profitnet €384k
Net result €384k after 4 loss-making years.
31-12
Financial
Liquidity times 8current ratio 1.12
Current ratio from 0.13 to 1.12; short-term debt falls from €401k to €394k.
31-12
Financial
Equity above €100kEq €104k
Equity rises from €-280k to €104k.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-223k
Net result drops to €-223k, the lowest in the series; recovery starts the following year.
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 109 days late
2019
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 35 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Haaltert · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hoogstraat(HA) 64/709450 HaaltertGround area
1,188 m²
Building footprint
787 m²
Volume, LiDAR
3,490 m³
Parcel 41024B0645/00P000, Flanders · tallest building 13.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hoogstraat(HA) 64, 9450 Haaltert
since 19892.045.760.385
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41024B0645/00P000 | Flanders | 1,188 m² | 1 · 787 m² | 13.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-10-1989
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.