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FLEET- SERVICES

Active
Public limited companyfounded 200521 yrs activeAvenue Reine Astrid 163, 4900 Spa, BelgiumKBO/BCE: BE 0874.129.950
Summary

FLEET- SERVICES has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €887,135 and a net result of €104,890. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 5730 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711NACE 45111NACE 45113
#2 company by total assets in Spa, Wholesale and retail trade sector1 site
Size
€5.1mtotal assets 2025
Staff
3 FTE
Equity
€887,135
Profit
€104,890
Financial health
92 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 127 d early0 of 5 deeds read
Why 92- Equity €887,135 (17.3% of total assets)+ Size: 3 FTE, total assets €5.1m+ Figures for FY 2025 (filed 26-03-2026)+ Founded in 2005Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Better than 49% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 42-6
equity 17.3% of total assets
Liquidity 47+7
short-term debt 24.6% · cash 4.5%
Profitability 58-13
return on assets 2.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,788 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%▲ +2.2% vs 01-2025 03-2025: 0.4%▲ +89.2% vs 02-2025highest value 04-2025: 0.4%● 0.0% vs 03-2025highest value 05-2025: 0.4%● 0.0% vs 04-2025highest value 06-2025: 0.4%● 0.0% vs 05-2025highest value 07-2025: 0.4%● 0.0% vs 06-2025highest value 08-2025: 0.4%● 0.0% vs 07-2025highest value 09-2025: 0.4%● 0.0% vs 08-2025highest value 10-2025: 0.4%● 0.0% vs 09-2025highest value 11-2025: 0.4%● 0.0% vs 10-2025highest value 12-2025: 0.4%● 0.0% vs 11-2025highest value 01-2026: 0.2%▼ -54.5% vs 12-2025 02-2026: 0.2%▼ -3.8% vs 01-2026 03-2026: 0.2%▲ +18.2% vs 02-2026 04-2026: 0.1%▼ -33.5% vs 03-2026lowest value 05-2026: 0.1%● 0.0% vs 04-2026lowest value 06-2026: 0.1%● 0.0% vs 05-2026lowest value 07-2026: 0.1%● 0.0% vs 06-2026lowest value 08-2026: 0.1%● 0.0% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Size: 3 FTE, total assets €5.1m lowers the probability for this profile
  • Figures for FY 2025 (filed 26-03-2026) lowers the probability
  • Founded in 2005 lowers the probability for this profile
  • Equity €887,135 (17.3% of total assets) raises the probability
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.44 in 2024; short-term debt: 24.6% and cash: 4.5% of total assets), but 82.7% 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 46, micro). Better than this share of them on solvency 29%, liquidity 45%, profitability 44%, growth against the median 77%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: 3 FTE, total assets €5.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 26-03-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2005
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Equity €887,135 (17.3% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 5730 sector peers (2025).
NBB · sector comparison
Position among 5730 sector peers
Solvency
better than 19%
← weakest strongest →
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 26-03-2026, 127 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
127 d early
2024
153 d early
2023
163 d early
2022
165 d early
2021
159 d early
2020
85 d early
2019
49 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 115 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 22 February (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 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. Annual accounts filedfiscal year 2024 · full…
  3. Highest result since 2018net €111,462 ▲43.7%

Key points

  • Positive: Company by total assets in Spa, Wholesale and…in the Checked rankings #2 View
  • Positive: 8 profitable years in a rowprofit 2025: €104,890 8 years View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€5.1m
Profit
€104,890
Solvency
17.3%
Turnover▲ 65.7%
Net result
20232024
Go to Financials

Timeline

Events
15
Since
2018
Next accounts
by 31-07-2027
  1. 26-03-2026Annual accounts filed
  2. 28-02-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of cars and light vans (up to…NACE 46711
Founded
30-05-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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