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CARS10

Active
Private limited companyfounded 2024active for 2 yearsTer Duystlaan 30, 9400 Ninove, BelgiumKBO/BCE: BE 1006.875.737
Summary

The computed 12-month bankruptcy probability of CARS10 is 1.8% (moderate). The 2025 annual accounts show equity of €14,659 and a net result of €12,659. Its solvency ranks better than 42% of 3,306 sector peers (NACE 95, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 07-03-2024 Normal situation
Activity
Washing and cleaning of motor vehicles NACE 95316and 2 others
Establishment unit
2.356.805.436 9400 Ninove, since 07-03-2024
Financial year end
30 September
Peppol
Reachable since 01-04-2024

Board and ownership

Board

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts to 30-09-2025
Gross margin
€26,642
Turnover
≈ €68,000
estimated
Profit
€12,659
Equity
€14,659
Total assets
€49,879
Score breakdownraises riskFounded in 2024Size: total assets €49,879Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskLiquidity: current ratio 1.08, cash €5,981Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 53% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength
Strong
Solvency 54
equity 29.4% of total assets
Liquidity 32
short-term debt 62.8% · cash 12.0%
Profitability 100
return on assets 25.4%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 04-2025: 1.8% 05-2025: 1.9%▲ +0.1 percentage points vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.3%▲ +0.4 percentage points vs 06-2025 08-2025: 2.3%● unchanged vs 07-2025 09-2025: 2.6%▲ +0.3 percentage points vs 08-2025 10-2025: 2.8%▲ +0.2 percentage points vs 09-2025 11-2025: 2.9%▲ +0.1 percentage points vs 10-2025 12-2025: 2.8%▼ -0.1 percentage points vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 3.0%▲ +0.2 percentage points vs 01-2026 03-2026: 3.1%▲ +0.1 percentage points vs 02-2026 04-2026: 3.2%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 2.0%▼ -1.2 percentage points vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 2.0%● unchanged vs 07-2026 09-2026: 1.9%▼ -0.1 percentage points vs 08-2026 10-2026: 1.8%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 1.8%● unchanged vs 10-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.08, below the usual 1.5. Short-term debt is 62.8% and cash 12% of total assets. 70.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 39% of them on solvency, 24% on liquidity and 94% on profitability.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €49,879
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.08, cash €5,981
NBB · annual accounts
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 day early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €2,000 · Appointment: DANNAU Carsten (director)
All 2 events

Comparable companies

These companies have the same main activity as CARS10: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €37,700 and €55,600, founded between 2023 and 2024.

CompanyTotal assetsGross margin
CARS10 Ninove€49,879€26,642
MV Detailing Antwerpen€37,651€27,514
Garage NAZ Sint-Niklaas€55,614€17,393
DEVINE CAR CUSTOMS Wevelgem€40,990€31,686
AUTO TOUT'PROPRE Wanze€48,968€30,247
ADRCO Zandhoven€50,535€36,672
FLEXICLEANING Antwerpen€46,856€18,509
Full comparison

Key facts about CARS10

What is the company number of CARS10?
The company number of CARS10 is 1006.875.737. The VAT number is the same number with BE in front: BE 1006.875.737.
Where is CARS10 based?
The registered office is at Ter Duystlaan 30, 9400 Ninove.Company details
What does CARS10 do?
According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
What is the legal form of CARS10?
The legal form of CARS10 is Private limited company (BV).
When was CARS10 founded?
CARS10 was founded on 07-03-2024.
Is CARS10 still active?
Yes, CARS10 is an active enterprise in the KBO register.
What is the turnover of CARS10?
The turnover in financial year 2025 is ≈ €68,000. This figure is estimated from the gross margin of €26,642 and 34 comparable companies (NACE 95316). It probably lies between €54,000 and €94,000.Financials
Is CARS10 profitable?
In financial year 2025, CARS10 made a profit of €12,659.
Where can I find the annual accounts of CARS10?
CARS10 filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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