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First Class Shine

Active Private limited companyfounded 2024active for 2 yearsKon. Kasteeldreef 14, 1860 MeiseKBO/BCE: BE 1007.453.777

Lifetime

2 annual accounts with figures on one time axis
peak €279 (2025)
€279▲ €600
lowest -€323 (2024)
€204▲ €527
peak €2,880 (2025)
€2,880▲ 7.6%
-not published
Board2 names since 2024
2 directorsDEFREYNE Tim and 1 other
Documentsfilings and deeds
03-07-202628 days before the deadline
2025micro format
Gross margin from -€321 to €279Back to profit: €204

Key points

from the 2025 annual accounts

Turnover

≈ €1,200 estimated

The micro format states no turnover.

Position in the sector

100.0%

Higher solvency than 95% of companies in repair of computers and personal goods. Sector median 37.8% · 3,328 companies.

Checked score

72
Healthy
Financially stronger than 68% of micro companies in repair of computers and personal goods (NACE 95)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 5,138 companies (NACE 95, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 04-2025: 1.8% 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.9%▲ +0.1 percentage points vs 05-2025 07-2025: 2.2%▲ +0.3 percentage points vs 06-2025 08-2025: 2.3%▲ +0.1 percentage points vs 07-2025 09-2025: 2.6%▲ +0.3 percentage points vs 08-2025 10-2025: 2.6%● unchanged vs 09-2025 11-2025: 2.8%▲ +0.2 percentage points vs 10-2025 12-2025: 2.8%● unchanged vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 3.0%▲ +0.2 percentage points vs 01-2026 03-2026: 3.1%▲ +0.1 percentage points vs 02-2026 04-2026: 3.2%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 3.2%● unchanged vs 04-2026highest value 06-2026: 3.2%● unchanged vs 05-2026highest value 07-2026: 3.2%● unchanged vs 06-2026highest value 08-2026: 0.6%▼ -2.6 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 100.0% of total assets
100=cash 97.1%
55+48return on assets 7.1%

Score breakdown

raises risk
Size: total assets €2,880
Founded in 2024
1 of the last 3 accounts late
lowers risk
Liquidity: cash €2,797
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 92% of them on solvency, 98% on liquidity, 31% on profitability and 50% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as First Class Shine has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of First Class Shine itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for First Class Shine. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: cash €2,797
NBB · annual accounts
raises risk · Size: total assets €2,880
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
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 03-07-2026, 28 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
28 days early
2024
336 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 154 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.
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

DT
Director
OM
Director
  • DEFREYNE Tim 15 sharesdeed of 26-03-2024
  • OULAD MOHAMED Ilias 15 sharesdeed of 26-03-2024
Board & ownership

Recent changes

Incorporation Founding capital of €3,000, 30 shares · Founders: DEFREYNE Tim (oprichter comparant) and OULAD MOHAMED Ilias (oprichter comparant) · Appointments: DEFREYNE Tim (director) and Oulad Mohamed (director) · published on 26-03-2024 · Gazette deed
First establishment Kon. Kasteeldreef 14, Meise
All 5 events

Comparable companies

same main activity, similar in size and age
Company
First Class Shine Meise - - 100.0% -
5 STAR SERVICES Scherpenheuvel-Zichem €38,529 -49.1% -346.2% -
Atelier ACAR Grâce-Hollogne - - -271.8% -
KZM Affligem €37,031 -33.3% -248.1% -
EURO BRIGHT WASH Jette €29,076 - -3083.3% -
AN CINEY Ciney - - -265.8% -
TFS Houthalen-Helchteren - - -75.3% -

These companies have the same main activity as First Class Shine: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €1,830 and €3,590, founded between 2022 and 2025.

Official details

Source: KBO
Status
Active since 22-03-2024Normal situation
Activity
Washing and cleaning of motor vehiclesNACE 95316and 3 others
Establishment unit
2.357.759.7961860 Meise, since 22-03-2024
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€2,880▲ 7.6%
Filing
Filed on 03-07-2026, 28 days before the end of the filing period
Financials

Insights on First Class Shine

First Class Shine has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,880 and a net result of €204.

Its solvency ranks better than 95% of 3,328 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about First Class Shine

What is the company number of First Class Shine?
The company number of First Class Shine is 1007.453.777. The VAT number is the same number with BE in front: BE 1007.453.777.
Where is First Class Shine based?
The registered office is at Kon. Kasteeldreef 14, 1860 Meise.Company details
What does First Class Shine do?
According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
What is the legal form of First Class Shine?
First Class Shine is a private limited company (BV).
When was First Class Shine founded?
First Class Shine was founded on 22-03-2024.
Is First Class Shine still active?
Yes, First Class Shine is an active enterprise in the KBO register.
What is the turnover of First Class Shine?
The turnover in financial year 2025 is ≈ €1,200. This figure is estimated from the gross margin of €279 and 61 comparable companies (NACE 95316). It probably lies between €800 and €2,300. It is a rough estimate.Financials
Is First Class Shine profitable?
In financial year 2025, First Class Shine made a profit of €204.
Where can I find the annual accounts of First Class Shine?
First Class Shine filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of First Class Shine due?
First Class Shine must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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