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Choco’s Wheel Service

Active
Private limited companyfounded 1989active for 37 yearsNieuwpoortlaan 19, 3600 Genk, BelgiumKBO/BCE: BE 0436.530.484
Summary

Choco’s Wheel Service has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,172 and a net result of €6,638. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 23% of 3,298 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-02-1989 Normal situation
Registered office
11 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Tyre services NACE 95315and 4 others
Establishment unit
2.042.029.053 3600 Genk, since 14-02-1989
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board
  • Reho GiuseppeDirector

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€39,448
▼ 31.0%
Turnover
≈ €120,000
estimated
Profit
€6,638
▼ 76.6%
Equity
€45,172
▲ 17.2%
Total assets
€530,258
▲ 89.6%
Filed on 22-07-2026, 9 days before the deadline
Score breakdownraises riskSector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)Equity €45,172 (8.5% of total assets)lowers riskSize: total assets €530,258Founded in 1989Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 40% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Average
Solvency 34-5
equity 8.5% of total assets
Liquidity 41+14
short-term debt 27.9% · cash 1.4%
Profitability 70-11
return on assets 1.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.4 percentage points vs 06-2025 08-2025: 1.6%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.6%▼ -1.0 percentage point vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.64 (0.65 in 2024), below 1. Short-term debt is 27.9% and cash 1.4% of total assets. 91.5% 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 22% of them on solvency, 33% on liquidity, 42% on profitability and 64% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €530,258
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €45,172 (8.5% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3298 sector peers (2025).
NBB · sector comparison
Position among 3298 sector peers
Solvency
better than 23%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €45,172
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 filings
Deviation from the deadline
2025
9 days early
2024
21 days late
2023
27 days late
2022
31 days late
2021
141 days late
2020
94 days late
2019
117 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 60 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Larger balance sheet than 86% of companies in repair of computers and personal goodssector median €146,172 · 3,299 companies €530,258 View

Comparable companies

These companies have the same main activity as Choco’s Wheel Service: tyre services (NACE 95315). They are comparable in size and age: total assets between €240,000 and €455,000, founded between 1976 and 2001.

CompanyTotal assetsGross margin
Choco’s Wheel Service Genk€530,258€39,448
GENCO Genk€331,251€51,916
Garage Romain Ukkel€454,604€36,247
PNEUS SERVICES - BIE Tenneville€388,112€37,528
Banden Creemers Lommel€290,582€49,015
KELJESCO Staden€413,693€57,343
ENTREPRISES MORIS Habay€239,833€50,441
Full comparison

Key facts about Choco’s Wheel Service

What is the company number of Choco’s Wheel Service?
The company number of Choco’s Wheel Service is 0436.530.484. The VAT number is the same number with BE in front: BE 0436.530.484.
Where is Choco’s Wheel Service based?
The registered office is at Nieuwpoortlaan 19, 3600 Genk.Company details
What does Choco’s Wheel Service do?
According to the KBO register, the main activity is tyre services (NACE 95315).
What is the legal form of Choco’s Wheel Service?
The legal form of Choco’s Wheel Service is Private limited company (BV).
When was Choco’s Wheel Service founded?
Choco’s Wheel Service was founded on 07-02-1989.
Is Choco’s Wheel Service still active?
Yes, Choco’s Wheel Service is an active enterprise in the KBO register.
What is the turnover of Choco’s Wheel Service?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €39,448 and 52 comparable companies (NACE 953). It probably lies between €87,000 and €290,000.Financials
Is Choco’s Wheel Service profitable?
In financial year 2025, Choco’s Wheel Service made a profit of €6,638.
Where can I find the annual accounts of Choco’s Wheel Service?
Choco’s Wheel Service filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Choco’s Wheel Service due?
Choco’s Wheel Service must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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