Clean Express
ActiveSummary
Clean Express has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376,589 and a net result of €3,850. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 1071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-6
Solvency49▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.27 in 2024; short-term debt: 37.7% and cash: 8.8% of total assets), and 76.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.9%
Return on assets
0.2%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
on the day
2023
12 d late
2022
27 d late
2021
3 d early
2020
16 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 12 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 oldest company in Tielt, Other services sector#10 company by total assets in Tielt, Other services sector
Equity
€376,589▲ 1.0%
2024 · €372,739
Total assets
€1.6m▲ 34.3%
2024 · €1.2m
Net result
€3,850▼ 92.9%
2024 · €54,223
Working capital
€44,606▼ 60.7%
2024 · €113,517
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,199▼ 12.3%€26,098▲ 17.6%€35,913▲ 37.6%€89,852▲ 150%€42,028▼ 53.2%
Net result€8,637within the sector's middle half▼ 37.6%€7,334within the sector's middle half▼ 15.1%€15,292within the sector's middle half▲ 109%€54,223within the sector's middle half▲ 255%€3,850within the sector's middle half▼ 92.9%
Equity€295,889within the sector's middle half▲ 3.0%€303,223within the sector's middle half▲ 2.5%€318,515within the sector's middle half▲ 5.0%€372,739within the sector's middle half▲ 17.0%€376,589above the sector's middle half▲ 1.0%
Total assets€1.2mwithin the sector's middle half▲ 146%€1.1mwithin the sector's middle half▼ 8.1%€1.3mwithin the sector's middle half▲ 13.7%€1.2mwithin the sector's middle half▼ 7.3%€1.6mabove the sector's middle half▲ 34.3%
Debt€912,998▲ 347%€808,108▼ 11.5%€945,220▲ 17.0%€798,695▼ 15.5%€1.2m▲ 49.8%
Working capital€120,016within the sector's middle half▼ 42.6%€135,855within the sector's middle half▲ 13.2%€165,633within the sector's middle half▲ 21.9%€113,517within the sector's middle half▼ 31.5%€44,606within the sector's middle half▼ 60.7%
Solvency24.5%within the sector's middle half▼ 33.9pp27.3%within the sector's middle half▲ 2.8pp25.2%within the sector's middle half▼ 2.1pp31.8%within the sector's middle half▲ 6.6pp23.9%within the sector's middle half▼ 7.9pp
Current ratio1.46within the sector's middle half▼ 1.581.48within the sector's middle half▲ 0.021.34within the sector's middle half▼ 0.141.27within the sector's middle half▼ 0.071.08within the sector's middle half▼ 0.19
Return on assets (ROA)0.7%within the sector's middle half▼ 2.1pp0.7%within the sector's middle half▼ 0.1pp1.2%within the sector's middle half▲ 0.6pp4.6%within the sector's middle half▲ 3.4pp0.2%within the sector's middle half▼ 4.4pp
Staff (FTE)5.2within the sector's middle half▲ 52.9%7within the sector's middle half▲ 34.6%10.3within the sector's middle half▲ 47.1%13.7within the sector's middle half▲ 33.0%19.6within the sector's middle half▲ 43.1%
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€935,089 ▲ 46.7%
Current assets
€637,618 ▲ 19.4%
Equity and liabilities €1.6m
Equity
€376,589 ▲ 1.0%
Debt
€1.2m ▲ 49.8%
Debt's share of the balance-sheet total rises from 68.2% to 76.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€200,486▼
2024 · €230,724
Cash flow
€162,308▼
2024 · €195,096
Debt to equity
3.18▲
2024 · 2.14
ROE
1.0%▼
2024 · 14.5%
Interest coverage
6.66▼
2024 · 14.56
Debt ≤ 1 year
€593,011▲
2024 · €420,638
Debt > 1 year
€601,925▲
2024 · €376,875
Income taxes
€8,476▼
2024 · €23,011
Staff costs
€744,196▲
2024 · €457,725
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,678 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,678 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €37,446 | €0 | €2,800 | €31,005 | ▲ 1,007% |
| Remuneration, social security and pensions62 | - | €234,792 | €324,282 | €457,725 | €744,196 | ▲ 62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62,048 | €127,253 | €129,436 | €140,873 | €158,458 | ▲ 12.5% |
| Other operating charges640/8 | - | €13,384 | €17,427 | €17,359 | €20,247 | ▲ 16.6% |
| Non-recurring operating charges66A | - | €37,600 | €0 | - | €1,887 | - |
| Gross operating margin9900 | €229,807 | €439,126 | €507,059 | €705,808 | €966,815 | ▲ 37.0% |
| Operating profit (loss)9901 | €22,199 | €26,098 | €35,913 | €89,852 | €42,028 | ▼ 53.2% |
| Financial income75/76B | - | €7 | €0 | €3,228 | €418 | ▼ 87.0% |
| Recurring financial income75 | €4,902 | €7 | €0 | €3,228 | €418 | ▼ 87.0% |
| Financial charges65/66B | - | €13,645 | €13,061 | €15,845 | €30,120 | ▲ 90.1% |
| Recurring financial charges65 | €13,403 | €13,645 | €13,061 | €15,845 | €30,120 | ▲ 90.1% |
| Profit (loss) for the period before taxes9903 | €13,697 | €12,460 | €22,852 | €77,235 | €12,326 | ▼ 84.0% |
| Income taxes67/77 | €5,060 | €5,126 | €7,560 | €23,011 | €8,476 | ▼ 63.2% |
| Profit (loss) for the period9904 | €8,637 | €7,334 | €15,292 | €54,223 | €3,850 | ▼ 92.9% |
| Profit (loss) for the period to be appropriated9905 | €8,637 | €7,334 | €15,292 | €54,223 | €3,850 | ▼ 92.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.1m | €1.3m | €1.2m | €1.6m | ▲ 34.3% |
| Fixed assets21/28 | €830,685 | €695,320 | €613,812 | €637,278 | €935,089 | ▲ 46.7% |
| Intangible fixed assets21 | €184,738 | €143,884 | €137,821 | €166,053 | €101,945 | ▼ 38.6% |
| Tangible fixed assets22/27 | €639,979 | €545,468 | €473,053 | €468,286 | €833,144 | ▲ 77.9% |
| Land and buildings22 | - | - | €2,062 | €1,609 | €1,156 | ▼ 28.1% |
| Plant, machinery and equipment23 | - | €477,111 | €418,803 | €364,470 | €308,814 | ▼ 15.3% |
| Furniture and vehicles24 | - | €28,933 | €21,371 | €35,098 | €34,217 | ▼ 2.5% |
| Leasing and similar rights25 | - | €39,424 | €30,816 | €67,110 | €488,957 | ▲ 629% |
| Financial fixed assets28 | €5,968 | €5,968 | €2,939 | €2,939 | €0 | ▼ 100% |
| Current assets29/58 | €378,202 | €416,012 | €649,923 | €534,155 | €637,618 | ▲ 19.4% |
| Amounts receivable within one year40/41 | €259,212 | €268,469 | €430,775 | €460,214 | €494,169 | ▲ 7.4% |
| Trade receivables40 | - | €244,563 | €402,216 | €422,717 | €395,321 | ▼ 6.5% |
| Other amounts receivable41 | - | €23,906 | €28,559 | €37,498 | €98,848 | ▲ 164% |
| Cash at bank and in hand54/58 | €99,715 | €136,293 | €138,452 | €66,881 | €138,799 | ▲ 108% |
| Deferred charges and accrued income490/1 | - | €11,250 | €80,696 | €7,060 | €4,650 | ▼ 34.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.1m | €1.3m | €1.2m | €1.6m | ▲ 34.3% |
| Equity10/15 | €295,889 | €303,223 | €318,515 | €372,739 | €376,589 | ▲ 1.0% |
| Contributions10/11 | - | €118,592 | €118,592 | €118,592 | €118,592 | = |
| Reserves13 | €119,314 | €126,647 | €199,923 | €254,147 | €257,997 | ▲ 1.5% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | €25,943 | €25,943 | €25,943 | €25,943 | = |
| Distributable reserves133 | - | €98,845 | €172,121 | €226,345 | €230,195 | ▲ 1.7% |
| Profit (loss) carried forward14 | €57,984 | €57,984 | €0 | - | - | - |
| Amounts payable17/49 | €912,998 | €808,108 | €945,220 | €798,695 | €1.2m | ▲ 49.8% |
| Amounts payable after more than one year17 | €654,812 | €526,854 | €459,748 | €376,875 | €601,925 | ▲ 59.7% |
| Financial debts170/4 | - | €526,854 | €404,748 | €326,875 | €601,925 | ▲ 84.1% |
| Other amounts payable178/9 | - | - | €55,000 | €50,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €258,186 | €280,157 | €484,290 | €420,638 | €593,011 | ▲ 41.0% |
| Current portion of amounts payable after more than one year42 | - | €127,958 | €122,105 | €123,125 | €202,980 | ▲ 64.9% |
| Financial debts43 | - | €16,053 | €21,705 | €63,535 | €111,668 | ▲ 75.8% |
| Credit institutions430/8 | - | €16,053 | €21,705 | €53,535 | €111,668 | ▲ 109% |
| Other loans439 | - | - | - | €10,000 | €0 | ▼ 100% |
| Trade debts44 | €41,222 | €61,493 | €197,835 | €70,837 | €77,608 | ▲ 9.6% |
| Suppliers440/4 | - | €61,493 | €197,835 | €70,837 | €77,608 | ▲ 9.6% |
| Taxes, remuneration and social security45 | - | €63,822 | €117,312 | €137,881 | €174,367 | ▲ 26.5% |
| Taxes450/3 | - | €25,569 | €41,072 | €45,883 | €62,064 | ▲ 35.3% |
| Remuneration and social security454/9 | - | €38,253 | €76,241 | €91,997 | €112,303 | ▲ 22.1% |
| Other amounts payable47/48 | - | €10,831 | €25,331 | €25,261 | €26,388 | ▲ 4.5% |
| Accrued charges and deferred income492/3 | - | €1,098 | €1,182 | €1,182 | €1,182 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,637 | €7,334 | €15,292 | €54,223 | €3,850 | ▼ 92.9% |
| + Depreciation and write-downs630 | €62,048 | €127,253 | €129,436 | €140,873 | €158,458 | ▲ 12.5% |
| Operating cash flow (approximation) | €70,686 | €134,586 | €144,729 | €195,096 | €162,308 | ▼ 16.8% |
| Investment in fixed assets (approximation) | - | €8,113 | -€47,929 | -€164,338 | -€456,269 | ▼ 178% |
| Change in cash | - | €36,577 | €2,159 | -€71,570 | €71,918 | ▲ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-06
Financial
Weakest financial yearnet €3,850 ▼92.9%
Net result drops to €3,850, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2018net €54,223 ▲255%
Operating result €89,852, net result €54,223, both a record.
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
2023
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 27 days late
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
30-06
Financial
Equity above €200,000Eq €273,402 ▲99.8%
2 profitable years in a row build equity to €273,402.
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Tielt · 3 establishment units since 2021
Ground area
7,612 m²
Building footprint
2,307 m²
Volume, LiDAR
13,018 m³
3 parcels, Flanders · tallest building 14.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
Clean Express
since 20212.326.728.508
Clean Express
since 20222.339.025.336
Clean Express
since 20242.358.407.718
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37001A0630/00L000 | Flanders | 6,837 m² | 1 · 1,996 m² | 10.6 m · 2 fl. |
| 31808L0533/00Z008 | Flanders | 638 m² | 1 · 241 m² | 14.5 m · 2 fl. |
| 44064B0255/00S000 | Flanders | 138 m² | 1 · 70 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,705 EUR awarded · 2,705 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 686 EUR | 686 EUR |
| 2023 | 1 | 697 EUR | 697 EUR |
| 2022 | 2 | 1,322 EUR | 1,322 EUR |
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Of 998 companies in sector 96102 we hold annual accounts for 458. 250 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-02-1980
Fiscal year end30-06
Activities, NACEBEL 2025
96101Personal service activities
96102Launderettes and laundries for private customers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420362861
Also
9925:BE0420362861
Registered
13-02-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.