Equity
-€3,279
Debts exceed assets in financial year 2025.
GREENWASH
Lifetime
2 annual accounts with figures on one time axispeak €39,951 (2024)
€33,139▼ 17.1%
lowest -€15,057 (2025)
-€15,057▼ €8,234
peak €11,777 (2024)
-€3,279▼ €15,057
€431,076▼ 5.8%
Board2 names since 2023
2 directorsELLE Invest and 1 other
Documentsfilings and deeds
08-09-202639 days late
2025abbreviated format
Gross margin from €39,951 to €33,139Loss of €15,057Equity from €11,777 to -€3,279Cash from €21,702 to €15,027
Key points
from the 2025 annual accountsLosses
-€21,879 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Turnover
≈ €85,000 estimated
The abbreviated format states no turnover.
Debts
€431,076 101% of the balance sheet
Financial debts 20%Suppliers 2%Taxes and wages 2%Other 76%
Of this, €343,964 falls due within a year.
At the same address
11 companies
Position in the sector
-€3,279
Less equity than 90% of companies in repair of computers and personal goods. Sector median €270,448 · 1,318 companies.
2025 accounts filed 39 days after the deadline
Checked score
51
Fair
Financially stronger than 15% of micro companies in repair of computers and personal goods (NACE 95)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 5,139 companies (NACE 95, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.3%
01-2025: 2.6%▲ +0.3 percentage points vs 12-2024
02-2025: 2.6%● unchanged vs 01-2025
03-2025: 2.8%▲ +0.2 percentage points vs 02-2025
04-2025: 2.9%▲ +0.1 percentage points vs 03-2025
05-2025: 2.8%▼ -0.1 percentage points vs 04-2025
06-2025: 2.8%● unchanged vs 05-2025
07-2025: 3.1%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 3.1%● unchanged vs 07-2025highest value
09-2025: 1.3%▼ -1.8 percentage points vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.2%▼ -0.1 percentage points vs 02-2026lowest value
04-2026: 1.3%▲ +0.1 percentage points vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.5 percentage points vs 07-2026
09-2026: 1.9%▲ +0.1 percentage points vs 08-2026
10-2026: 2.2%▲ +0.3 percentage points vs 09-2026
11-2026: 2.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 39 days late; 1 of the last 3 accounts late
Founded in 2023
Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
lowers risk
Size: total assets €427,796
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 16% of them on solvency, 8% on liquidity, 32% on profitability and 4% on growth.
The bankruptcy probability was computed on 10-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 1,555 companies had the same profile as GREENWASH has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GREENWASH itself: 2.2% within 12 months.
Test of the method
The method was tested on the 497,448 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 1,555 companies, not a prediction for GREENWASH. 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 verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.08 (0.13 in 2024), below 1. Short-term debt is 80.4% and cash 3.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€3,279
raises risk · 2025 accounts filed 39 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
39 days late
2024
7 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 23 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
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- P.VAN DE RIET BV 93 sharesdeed of 07-08-2023
- ELLE INVEST BV 93 sharesdeed of 07-08-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804536905
Incorporation
Founding capital of €18,600, 186 shares · Founders: P.VAN DE RIET BV (medeoprichter) and ELLE INVEST BV (medeoprichter) · Appointments: P.VAN DE RIET BV (director) and ELLE INVEST BV (director) · published on 07-08-2023 · Gazette deed
First establishment
Industriepark Brechtsebaan 1, Schoten
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GREENWASH Schoten | €427,796 | €33,139 | -0.8% | - |
| MAMAMYA Fosses-la-Ville | €319,113 | €41,266 | -1.9% | - |
| AB CARS SERVICES Schaerbeek | €343,722 | €45,639 | 11.2% | - |
| IS THE BEST Schaerbeek | €369,178 | €49,345 | 8.1% | - |
| JC Management Aywaille | €258,491 | €29,996 | 15.2% | - |
| STUBOC Mettet | €319,093 | €36,378 | 19.6% | - |
| Carwash Vander Stichele Roeselare | €695,456 | €41,566 | 7.4% | - |
These companies have the same main activity as GREENWASH: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €258,000 and €695,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 03-08-2023Normal situation
- Registered office
- 13 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
- Activity
- Washing and cleaning of motor vehiclesNACE 95316
- Establishment unit
- 2.347.946.0692900 Schoten, since 03-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Insights on GREENWASH
The computed 12-month bankruptcy probability of GREENWASH is 2.2% (moderate). The 2025 annual accounts show negative equity (-€3,279) and a net result of -€15,057.
Its solvency ranks better than 11% of 1,317 sector peers (NACE 95, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 GREENWASH
- What is the company number of GREENWASH?
- The company number of GREENWASH is 0804.536.905. The VAT number is the same number with BE in front: BE 0804.536.905.
- Where is GREENWASH based?
- The registered office is at Industriepark Brechtsebaan 1, 2900 Schoten.Company details
- What does GREENWASH do?
- According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
- What is the legal form of GREENWASH?
- GREENWASH is a private limited company (BV).
- When was GREENWASH founded?
- GREENWASH was founded on 03-08-2023.
- Is GREENWASH still active?
- Yes, GREENWASH is an active enterprise in the KBO register.
- What is the turnover of GREENWASH?
- The turnover in financial year 2025 is ≈ €85,000. This figure is estimated from the gross margin of €33,139 and 35 comparable companies (NACE 95316). It probably lies between €64,000 and €130,000.Financials
- Is GREENWASH profitable?
- In financial year 2025, GREENWASH made a loss of €15,057.
- Where can I find the annual accounts of GREENWASH?
- GREENWASH filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GREENWASH due?
- GREENWASH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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