Skip to content

DE WASSTRAAT

Active
Public limited companyfounded 200125 yrs 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 468 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
DE WASSTRAATActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Washing and cleaning of motor vehicles
NACE 95316NACE 45206Water transport NACE 50200
#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 chance 12 m
1.7%
Structure
Parent
SCHEYS · 73.72%
Board
3 members
Accounts filed 31 d 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%
Better than 19% of its sector peers (NACE 95, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
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% (5,106 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%▼ -0.6% vs 12-2024 02-2025: 0.2%● 0.0% vs 01-2025 03-2025: 0.2%▲ +16.0% vs 02-2025 04-2025: 0.2%▼ -1.1% vs 03-2025 05-2025: 0.2%● 0.0% vs 04-2025 06-2025: 0.2%▲ +12.9% vs 05-2025 07-2025: 0.3%▲ +21.0% vs 06-2025 08-2025: 0.5%▲ +80.3% vs 07-2025 09-2025: 0.1%▼ -81.2% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▼ -3.5% vs 02-2026lowest value 04-2026: 0.1%▲ +1.2% vs 03-2026 05-2026: 0.1%▲ +2.4% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%▲ +10.5% vs 06-2026 08-2026: 0.2%▲ +115% vs 07-2026 09-2026: 1.7%▲ +736% vs 08-2026highest value 10-2026: 1.7%● 0.0% vs 09-2026highest value
  • Liquidity: current ratio 0.15, cash €302,129 raises the probability
  • Loss of €495,480 (FY 2025) raises the probability
  • Equity €873,813 (11.5% of total assets) raises the probability
  • Latest accounts 31 days late; 1 of the last 3 late raises the probability
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 comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 95, micro). Better than this share of them on solvency 24%, liquidity 8%, profitability 31%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Liquidity: current ratio 0.15, cash €302,129
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €495,480 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Equity €873,813 (11.5% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 468 sector peers (2025).
NBB · sector comparison
Position among 468 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 d late
2024
11 d late
2023
30 d late
2022
144 d late
2021
58 d late
2020
17 d late
2019
1 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 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
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
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 €58,749 · 468 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

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 05-05-2026Reappointments: Herman Scheys, Gerda Verschueren and Scheys
  3. 31-12-2025Weakest financial year
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

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 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?Subsidies How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure