Turnover
≈ €1,200 estimated
The micro format states no turnover.
First Class Shine
Overview
Lifetime
2 annual accounts with figures on one time axispeak €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 accountsStarting capital
€3,000 30 shares
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 strengthStrong
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
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.
| 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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 filingsDeviation 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 monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DEFREYNE Tim 15 sharesdeed of 26-03-2024
- OULAD MOHAMED Ilias 15 sharesdeed of 26-03-2024
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
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
Annual accounts 2025
- €279
- €204
- €2,880▲ 7.6%
- €2,880▲ 7.6%
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
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.
Financials
Annual accounts 2025
micro format, filed on 03-07-2026, 28 days before the deadline€279
▲ €600
€279
▲ €600
€204
▲ €527
-
-
-
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1,200. Estimated: probably between €800 and €2,300.
Balance sheet
balance sheet total €2,880 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
2,880 | 2,677 | |
29/58 |
2,880 | 2,677 | |
40/41 |
84 | - | |
41 |
84 | - | |
54/58 |
2,797 | 2,677 | |
| Balance sheet: equity and liabilities | |||
10/49 |
2,880 | 2,677 | |
10/15 |
2,880 | 2,677 | |
10/11 |
3,000 | 3,000 | |
14 |
-120 | -323 | |
| Income statement | |||
9900 |
279 | -321 | |
9901 |
279 | -321 | |
65/66B |
75 | 2 | |
65 |
75 | 2 | |
9903 |
204 | -323 | |
9904 |
204 | -323 | |
9905 |
204 | -323 | |
| Appropriation of the result | |||
9906 |
-120 | -323 | |
14P |
-323 | - | |
| Document | |||
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 03-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 120 | - |
The ratios are withheld because a balance sheet total of €2,880 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on First Class Shine
The operating result for 2025 is a profit of €279, after a loss of €321 in 2024.
Board & ownership
Board
2 directors, since incorporationDirector
appointed by deed of 26-03-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 03-07-2026
Director
appointed by deed of 26-03-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 03-07-2026
Mandates through the years
2 names, the dashed line is todayDEFREYNE Tim
Director
Director
Oulad Mohamed
Director
Director
Board
Mandates as a list
- DEFREYNE Tim
- Director, from 13-03-2024 to date
- Oulad Mohamed
- Director, from 13-03-2024 to date
Control
Founders
DEFREYNE Tim, OULAD MOHAMED Ilias
This company
First Class Shine
Equity €2,880
Profit €204 in 2025
Capital
- Contribution
- €3,000
- Shares
- 30
- Contribution per share
- €100
- Equity per share
- €96.02 in 2025
- Source
- deed of 26-03-2024
Articles of association
deed of 26-03-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, algemene vergadering die benoemt bepaalt aantal duur opdracht en bij meerdere bevoegdheid”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 30 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Tuesday of May at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Om welke reden en op welk ogenblik ook, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen”
Shareholders
At incorporation
deed of 26-03-2024 ↗
- DEFREYNE Tim 15 shares (50%) · €1,500
- OULAD MOHAMED Ilias 15 shares (50%) · €1,500
Network & group
No group
First Class Shine has no parent and no holdings in its annual accounts. First Class Shine shares no director with another company.
Timeline
Timeline
5 events since 2024Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 28 days before the deadline
Annual accounts 2024 filed NBBmicro format · 336 days late
2025
Back to profit net €204 The net result is €204, after one loss-making year.
2024
IncorporationFounding 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 26-03-20246 points ▸
- Founder, DEFREYNE Tim (oprichter comparant)
- Founder, OULAD MOHAMED Ilias (oprichter comparant)
- Founding capital, €3,000, 30 shares
- Registered office clause, Koninklijke Kasteeldreef 14, 1860 Meise
- Director appointment, DEFREYNE Tim
- Director appointment, Oulad Mohamed
- The deed holds 7 more points.
First establishment Kon. Kasteeldreef 14, Meise
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1007.453.777
- VAT number
- BE 1007.453.777
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 22-03-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Tuesday of May at 18:00deed of 26-03-2024 (in Dutch)
- Peppol
- Not found in the Peppol Directory
- Name
- First Class Shine in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 26-03-2024 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- First Class Shinedeed of 26-03-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 26-03-2024 (in Dutch)
Activities
NACEBEL 202595316
Washing and cleaning of motor vehicles main activity
25510
Coating of metals
Codes under NACEBEL 2008
45206
main activity
25610
Manufacture of fabricated metal products, except machinery and equipment
45203
45209
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het wassen, wrappen, polijsten, coaten, window tinting van alle soorten voertuigen, motorfietsen, quads, fietsen en alle andere voertuigen…”deed of 26-03-2024 (in Dutch)
8 activities
- Het wassen, wrappen, polijsten, coaten, window tinting van alle soorten voertuigen, motorfietsen, quads, fietsen en alle andere voertuigen in alle vormen en groottes;
- Het onderhouden van alle soorten voertuigen, motorfietsen, quads, fietsen en alle andere voertuigen in alle vormen en groottes;
- Het aanleggen, het oordeelkundig uitbouwen, beheren van een onroerend vermogen en alle verrichtingen met betrekking tot onroerende goederen en alle onroerende zakelijke rechten eraan verbonden. De vennootschap mag onder meer onroerende goederen verwerven, laten bouwen, renoveren, uitrusten en ombouwen, met het oog op het beheer, de opbrengsten van verhuring, opstal, leasing, de inkomsten van verkoop en de realisatie van meerwaarden.
- Het aanleggen, het oordeelkundig uitbouwen, beheren van een roerend patrimonium en alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook. De verwerving van participaties, onder gelijk welke vorm, in handels-, industriële en financiële ondernemingen, zowel Belgische als buitenlandse; het beheer, evenals het te gelde maken van deze participaties, de verwerving door deelneming, inschrijving, aankoop, optie of om het even welke andere wijze, van alle deelbewijzen, aandelen, obligaties, waarden en titels.
- Zij kan tevens rechtstreeks of onrechtstreeks belangen nemen, door deelneming, inbreng of elke andere wijze, in alle vennootschappen, ondernemingen, samenwerkingsverbanden, beroepsverenigingen of groeperingen, bestaande of op te richten, zowel in België als in het buitenland, die een aanvullend of soortelijk voorwerp nastreven of die van aard zijn de ontwikkeling van de onderneming te realiseren.
- Het aangaan of toestaan van leningen en kredietopeningen aan rechtspersonen, ondernemingen en particulieren, onder om het even welke vorm; in dit kader kan zij zich borg stellen of haar aval verlenen, in de meest ruime zin, alle financiële operaties verrichten.
- Zij kan zich borg stellen voor rechtspersonen, ondernemingen en particulieren voor alle kredietvormen die aan de voormelde derden worden toegestaan.
- De vennootschap zal alle burgerlijke, industriële, commerciële, financiële, roerende en onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp, die van aard zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden, en die daartoe noodzakelijk, nuttig of bevorderend zijn. De vennootschap mag haar voorwerp verwezenlijken, zowel in het binnen- als in het buitenland, op alle wijzen die zij het meest geschikt zal achten.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kon. Kasteeldreef 14 registered office 1860 Meise | 22-03-2024 | 2.357.759.796 |
Buildings and parcels at the address
- Ground area
- 1,488 m²
- Buildings
- 176 m²
- Volume, LiDAR
- 1,074 m³
- Tallest building
- 7.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23050F0186/00M000 | 1,488 m² | 1 · 176 m² | 7.9 m · 2 |