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LAUNDRY SERVICES

Active Private limited companyfounded 2013active for 12 yearsChaussée de Bruxelles 361, 6040 CharleroiKBO/BCE: BE 0542.899.892

Lifetime

12 annual accounts with figures on one time axis
peak €119,586 (2014)
€46,076▼ 18.4%
lowest -€15,270 (2022)
€7,357▼ 55.7%
peak €16,537 (2014)
€1,838▲ €7,357
€104,042▼ 14.2%
peak 1.7 FTE (2020)
-not published
Board2 names since 2023
1 directorSAHIN Ahmet
Documentsfilings and deeds
25-09-202656 days late
2025abbreviated format
Turnover from €56,448 to €46,076Gross margin from €31,870 to €22,703Result from €16,625 to €7,357Equity from -€5,520 to €1,838

Key points

from the 2025 annual accounts

Debts

€104,042 98% of the balance sheet
Financial debts 45%Suppliers 2%Taxes and wages 1%Other 52%

Of this, €57,398 falls due within a year.

Payment terms

35 days to suppliers
Suppliers
19 to 35
Customers
14 to 16

LAUNDRY SERVICES pays its suppliers 16 days later than in 2024. Customers pay 2 days later.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Ten of the last ten came late. The 2021 accounts came latest: 168 days after the end of the period.

Checked score

65
Healthy
Financially stronger than 46% of micro companies in personal services (NACE 96)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 7,628 companies (NACE 96, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.2% 01-2025: 3.3%▲ +0.1 percentage points vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.3%● unchanged vs 03-2025 05-2025: 3.3%● unchanged vs 04-2025 06-2025: 3.1%▼ -0.2 percentage points vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 3.6%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 1.0%▼ -2.6 percentage points vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.4 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 1.2%▼ -0.3 percentage points vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026

Financial strength
Average

27+7equity 1.7% of total assets
34-1short-term debt 54.2% · cash 9.2%
85-6return on assets 6.9%

Score breakdown

raises risk
Last filed accounts filed 56 days late; 2 of the last 3 accounts late
Profit of €7,357 (financial year 2025)
Figures for financial year 2025 (filed on 26-09-2026)
lowers risk
Founded in 2013
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 96, micro). It does better than 31% of them on solvency, 26% on liquidity, 73% on profitability and 54% on growth.

The bankruptcy probability was computed on 06-11-2026 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, 1,325 companies had the same profile as LAUNDRY SERVICES has now. Each dot stands for 4 companies, two years later.

95.2%
were still trading
3.2%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of LAUNDRY SERVICES itself: 1.2% 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 1,325 companies, not a prediction for LAUNDRY SERVICES. 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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Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 56 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Profit of €7,357 (financial year 2025)
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 26-09-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 1381 sector peers (2025).
NBB · sector comparison
Position among 1381 sector peers
Solvency
better than 25%
← weakest strongest →
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 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 · 10 filings
Deviation from the deadline
2025
56 days late
2024
18 days late
2023
61 days late
2022
57 days late
2021
168 days late
2020
89 days late
2019
121 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 81 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% 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. The company usually files around 26 September (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SA
Director
  • SAHIN Ahmet all the sharesdeed of 18-03-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0542899892
Change of role: SAHIN Ahmet, from manager to director SAHIN Ahmet holds all the shares · Director discharge: SAHIN Ahmet · General meeting of 13-03-2024 · Gazette deed
Resignation: BOUAZZA Nasaradine (manager) General meeting of 15-09-2023 · Gazette deed
Incorporation published on 23-12-2013 · Gazette deed
All 20 events

Comparable companies

same main activity, similar in size and age
Company
LAUNDRY SERVICES Charleroi €105,879 €22,703 1.7% -
Home Refresh Solution Malmedy Liège €78,343 €24,865 79.5% -
H.I.L. Antwerp €105,912 €18,602 8.7% -
DEFCORP Arlon €79,748 €16,171 24.7% -
Nothilau Ixelles €86,685 €35,327 2.0% -
AGILUS Tremelo €112,777 €40,509 82.3% -
MEAD Waterloo €134,472 €36,290 -3.5% -

These companies have the same main activity as LAUNDRY SERVICES: launderettes and laundries for private customers (NACE 96102). They are comparable in size and age: total assets between €78,300 and €134,000, founded between 2010 and 2014.

Official details

Source: KBO
Status
Active since 11-12-2013Normal situation
Activity
Launderettes and laundries for private customersNACE 96102
Establishment unit
2.224.970.7566040 Charleroi, since 11-12-2013
Financial year end
31 December
Peppol
Reachable since 20-11-2025
Company details

Annual accounts 2025

€105,879▼ 8.5%
Filing
Filed on 25-09-2026
Financials

Insights on LAUNDRY SERVICES

LAUNDRY SERVICES has existed since 2013. Turnover fell from €119,586 in 2014 to €46,076 in 2025.

Turnover has fallen every year since 2022. Solvency rose in 2025 from -4.8% to 1.7% because of the retained profit and lower debts.

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 LAUNDRY SERVICES

What is the company number of LAUNDRY SERVICES?
The company number of LAUNDRY SERVICES is 0542.899.892. The VAT number is the same number with BE in front: BE 0542.899.892.
Where is LAUNDRY SERVICES based?
The registered office is at Chaussée de Bruxelles 361, 6040 Charleroi.Company details
What does LAUNDRY SERVICES do?
According to the KBO register, the main activity is launderettes and laundries for private customers (NACE 96102).
What is the legal form of LAUNDRY SERVICES?
LAUNDRY SERVICES is a private limited company (BV).
When was LAUNDRY SERVICES founded?
LAUNDRY SERVICES was founded on 11-12-2013.
Is LAUNDRY SERVICES still active?
Yes, LAUNDRY SERVICES is an active enterprise in the KBO register.
How many employees does LAUNDRY SERVICES have?
LAUNDRY SERVICES had an average of 1.2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of LAUNDRY SERVICES?
The turnover of LAUNDRY SERVICES was €46,076 in financial year 2025, according to the filed annual accounts.
Is LAUNDRY SERVICES profitable?
In financial year 2025, LAUNDRY SERVICES made a profit of €7,357.
Where can I find the annual accounts of LAUNDRY SERVICES?
LAUNDRY SERVICES filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LAUNDRY SERVICES due?
LAUNDRY SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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