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DE WASSTRAAT

Active
Public limited companyfounded 200125 years activeBrusselsesteenweg 70, 3020 Herent, BelgiumKBO/BCE: BE 0474.357.021
Summary

The computed 12-month bankruptcy probability of DE WASSTRAAT is 1.7% (moderate). The 2025 annual accounts show equity of €873,813 and a net result of -€495,480. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 472 sector peers (NACE 95, fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Washing and cleaning of motor vehicles
NACE 95316
#2 company by total assets in Herent, Other services sector1 site
Size
€7.6mtotal assets 2025
Staff
5.7 FTE
Equity
€873,813
Loss
-€495,480
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Structure
Parent
SCHEYS · 73.72%
Accounts filed 31 days late1 of 8 deeds read
Why 53- Liquidity: current ratio 0.15, cash €302,129- Loss of €495,480 (FY 2025)- Equity €873,813 (11.5% of total assets)- Latest accounts 31 days late; 1 of the last 3 lateShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 19% of its sector peers (NACE 95, micro)
Financial strength · tick = 2024
Weak
Solvency 37-51
equity 11.5% of total assets
Liquidity 10-59
short-term debt 81.4% · cash 4.0%
Profitability 56-44
return on assets -6.5%
Bankruptcy probability, 12 months
1.7% 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% (5,111 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.1%▼ -0.4 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 1.7%▲ +1.5 percentage points vs 08-2026highest value 10-2026: 1.7%● unchanged vs 09-2026highest value
Credit up to €45,000 at 30 days acceptable
Liquidity short (current ratio 0.15 against 1.4 in 2024; short-term debt: 81.4% and cash: 4% of total assets), and 88.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 24% on solvency, 8% on liquidity, 31% on profitability and 12% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · Liquidity: current ratio 0.15, cash €302,129
NBB · annual accounts
raises risk · Loss of €495,480 (FY 2025)
NBB · annual accounts
raises risk · Equity €873,813 (11.5% of total assets)
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 472 sector peers (2025).
NBB · sector comparison
Position among 472 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 days late
2024
11 days late
2023
30 days late
2022
144 days late
2021
58 days late
2020
17 days late
2019
1 day 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 41 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Reappointments: Herman Scheys, Gerda Verschueren and…Permanent representative: Brecht Scheys ·…
  3. Weakest financial yearnet -€495,480

Key points

  • Caution: From profit to loss in 2025after €730,920 in 2024 -€495,480 View
  • Caution: Among the weakest 5% on net resultsector median €54,677 · 472 companies -€495,480 View
  • Controlled by SCHEYS 73.72% View

By topic

Financials

Fiscal year
2025
Total assets
€7.6m
Loss
-€495,480
Solvency
11.5%
Total assets▲ 247%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
SCHEYS · 73.72%
  • Gerda VerschuerenDirector
  • Herman ScheysManaging director
  • SCHEYSDirector
Go to Board & ownership

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 11-08-2025Annual accounts filed
  2. 31-12-2024Highest result since 2018
  3. 31-12-2024Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Washing and cleaning of motor vehiclesNACE 95316
Founded
20-03-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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