ERD
ActiveSummary
ERD has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,230 and a net result of €61,761. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 4711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+37
Solvency37▲+33
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.36 in 2024; short-term debt: 87.8% and cash: 39.2% of total assets), and 87.8% of the assets are financed with debt.
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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
12.2%
Return on assets
41.2%
Age of the figures
9 mo
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
57 d early
2023
49 d early
2022
54 d early
2021
44 d early
2020
23 d early
2019
17 d late
← 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 38 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€18,230
2024 · -€43,531
Total assets
€149,840▼ 26.3%
2024 · €203,228
Net result
€61,761
2024 · -€9,709
Working capital
-€59,448▲ 62.5%
2024 · -€158,380
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€142€10,652▲ 7,388%€3,434▼ 67.8%-€12,955€63,780
Net result€106within the sector's middle half€15,007above the sector's middle half▲ 14,057%€4,361within the sector's middle half▼ 70.9%-€9,709below the sector's middle half€61,761above the sector's middle half
Equity-€53,190below the sector's middle half▲ 0.2%-€38,183below the sector's middle half▲ 28.2%-€33,821below the sector's middle half▲ 11.4%-€43,531below the sector's middle half▼ 28.7%€18,230within the sector's middle half
Total assets€105,613within the sector's middle half▲ 36.6%€146,639within the sector's middle half▲ 38.8%€158,995within the sector's middle half▲ 8.4%€203,228above the sector's middle half▲ 27.8%€149,840within the sector's middle half▼ 26.3%
Debt€158,803▲ 21.6%€184,822▲ 16.4%€192,816▲ 4.3%€246,759▲ 28.0%€131,610▼ 46.7%
Working capital-€96,182below the sector's middle half▲ 2.8%-€119,431below the sector's middle half▼ 24.2%-€94,146below the sector's middle half▲ 21.2%-€158,380below the sector's middle half▼ 68.2%-€59,448below the sector's middle half▲ 62.5%
Solvency-50.4%below the sector's middle half▲ 18.6pp-26.0%below the sector's middle half▲ 24.3pp-21.3%within the sector's middle half▲ 4.8pp-21.4%below the sector's middle half▼ 0.1pp12.2%within the sector's middle half▲ 33.6pp
Current ratio0.33below the sector's middle half▲ 0.090.32below the sector's middle half▼ 0.010.49within the sector's middle half▲ 0.170.36below the sector's middle half▼ 0.130.55within the sector's middle half▲ 0.19
Return on assets (ROA)0.1%within the sector's middle half▲ 23.8pp10.2%within the sector's middle half▲ 10.1pp2.7%within the sector's middle half▼ 7.5pp-4.8%below the sector's middle half▼ 7.5pp41.2%above the sector's middle half▲ 46.0pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €63,780 after a loss of €12,955 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149,840
Fixed assets
€77,679 ▼ 32.4%
Current assets
€72,162 ▼ 18.3%
Equity and liabilities €149,840
Equity
€18,230
Debt
€131,610
Debt finances 87.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€94,691▲
2024 · €11,520
Cash flow
€92,672▲
2024 · €14,766
Debt to equity
7.22▲
2024 · -5.67
ROE
338.8%
Interest coverage
496.62▲
2024 · 78.52
Debt ≤ 1 year
€131,610▼
2024 · €246,759
Income taxes
€1,860▲
2024 · €33
Staff costs
€29▲
2024 · €17
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
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 0.6% 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 5,053 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €17 | €29 | ▲ 68.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,160 | €14,580 | €20,924 | €24,475 | €30,911 | ▲ 26.3% |
| Other operating charges640/8 | €3,036 | €5,371 | €6,357 | €4,024 | €3,138 | ▼ 22.0% |
| Gross operating margin9900 | €15,339 | €30,603 | €30,715 | €15,562 | €97,858 | ▲ 529% |
| Operating profit (loss)9901 | €142 | €10,652 | €3,434 | -€12,955 | €63,780 | ▲ 592% |
| Financial income75/76B | €14 | €4,409 | €980 | €3,426 | €32 | ▼ 99.1% |
| Recurring financial income75 | €14 | €4,409 | €980 | €3,426 | €32 | ▼ 99.1% |
| Financial charges65/66B | €48 | €49 | €53 | €147 | €191 | ▲ 30.0% |
| Recurring financial charges65 | €48 | €49 | €53 | €147 | €191 | ▲ 30.0% |
| Profit (loss) for the period before taxes9903 | €108 | €15,012 | €4,361 | -€9,676 | €63,621 | ▲ 758% |
| Income taxes67/77 | €2 | €4 | €0 | €33 | €1,860 | ▲ 5,495% |
| Profit (loss) for the period9904 | €106 | €15,007 | €4,361 | -€9,709 | €61,761 | ▲ 736% |
| Profit (loss) for the period to be appropriated9905 | €106 | €15,007 | €4,361 | -€9,709 | €61,761 | ▲ 736% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €105,613 | €146,639 | €158,995 | €203,228 | €149,840 | ▼ 26.3% |
| Fixed assets21/28 | €57,992 | €90,249 | €69,325 | €114,849 | €77,679 | ▼ 32.4% |
| Tangible fixed assets22/27 | €57,992 | €90,249 | €69,325 | €114,849 | €77,679 | ▼ 32.4% |
| Plant, machinery and equipment23 | €7,915 | €12,343 | €7,609 | €33,371 | €21,548 | ▼ 35.4% |
| Furniture and vehicles24 | €4,272 | €39,099 | €29,909 | €58,488 | €37,094 | ▼ 36.6% |
| Other tangible fixed assets26 | €45,806 | €38,806 | €31,807 | €22,991 | €19,036 | ▼ 17.2% |
| Current assets29/58 | €47,621 | €56,391 | €89,670 | €88,379 | €72,162 | ▼ 18.3% |
| Amounts receivable within one year40/41 | €4,027 | €4,026 | €192 | €289 | €13,363 | ▲ 4,521% |
| Other amounts receivable41 | €4,027 | €4,026 | €192 | €289 | €13,363 | ▲ 4,521% |
| Cash at bank and in hand54/58 | €43,593 | €52,365 | €89,479 | €88,090 | €58,798 | ▼ 33.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €105,613 | €146,639 | €158,995 | €203,228 | €149,840 | ▼ 26.3% |
| Equity10/15 | -€53,190 | -€38,183 | -€33,821 | -€43,531 | €18,230 | ▲ 142% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€71,790 | -€56,783 | -€52,421 | -€62,131 | -€370 | ▲ 99.4% |
| Amounts payable17/49 | €158,803 | €184,822 | €192,816 | €246,759 | €131,610 | ▼ 46.7% |
| Amounts payable after more than one year17 | €15,000 | €9,000 | €9,000 | €0 | - | - |
| Financial debts170/4 | €15,000 | €9,000 | €9,000 | €0 | - | - |
| Amounts payable within one year42/48 | €143,803 | €175,822 | €183,816 | €246,759 | €131,610 | ▼ 46.7% |
| Trade debts44 | €3,566 | €11,981 | €13,112 | €82,764 | €80,161 | ▼ 3.1% |
| Suppliers440/4 | €3,566 | €11,981 | €13,112 | €82,764 | €80,161 | ▼ 3.1% |
| Taxes, remuneration and social security45 | €5,687 | €7,695 | €5,015 | €3,439 | €501 | ▼ 85.4% |
| Taxes450/3 | €5,687 | €7,695 | €5,015 | €3,439 | €501 | ▼ 85.4% |
| Other amounts payable47/48 | €134,550 | €156,145 | €165,690 | €160,556 | €50,948 | ▼ 68.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €106 | €15,007 | €4,361 | -€9,709 | €61,761 | ▲ 736% |
| + Depreciation and write-downs630 | €12,160 | €14,580 | €20,924 | €24,475 | €30,911 | ▲ 26.3% |
| Operating cash flow (approximation) | €12,266 | €29,588 | €25,285 | €14,766 | €92,672 | ▲ 528% |
| Investment in fixed assets (approximation) | - | -€46,836 | €0 | -€70,000 | €6,260 | ▲ 109% |
| Change in cash | - | €8,771 | €37,114 | -€1,389 | -€29,291 | ▼ 2,009% |
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
28-08
State Gazette act
Incorporation · Founder
Legal form clause · Registered office clause
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €61,761
Net result €61,761 after one loss-making year.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €106
Net result €106 after 2 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€18,325
Net result drops to -€18,325, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Asse · 2 establishment units since 2009
Ground area
500 m²
Building footprint
143 m²
Volume, LiDAR
771 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Self Wash Center
since 20092.177.151.538
Self Wash Center
since 20092.179.378.479
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23002F0913/00V000 | Flanders | 280 m² | 1 · 143 m² | 8.6 m · 2 fl. |
| 41302C0578/00D003 | Flanders | 220 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 998 companies in sector 96102 we hold annual accounts for 458. 324 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
Founded17-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
96102Launderettes and laundries for private customers
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0810461922
Also
9925:BE0810461922
Registered
21-11-2025
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.