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LAUNDRY SOLUTIONS

Active
Public limited companyfounded 1980active for 45 yearsDorpsstraat 105, 9800 Deinze, BelgiumKBO/BCE: BE 0420.999.893
Summary

LAUNDRY SOLUTIONS has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €4.3m and a net result of €898,171. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 41% of 122 sector peers (NACE 96, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
LAUNDRY SOLUTIONSActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Activity
Personal service activities
NACE 96101
Fastest staff growth in East Flanders, Personal services sector3 sites
Size
€23.5mturnover 2026
Staff
175.2 FTE
Equity
€4.3m
Profit
€898,171
Financial health
87 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
JC WIBO · 65%
Board
5 members
Holdings
1
Auditor: VGD Bedrijfsrevisoren2026 accounts 29 days early5 of 19 deeds summarised
Why 87raises riskEquity €4.3m (19.3% of total assets)1 of the last 3 latelowers riskFounded in 1980Legal form: public limited companyShow the evidence

Checked score

Score 2026
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 96, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Average
Solvency 44+3
equity 19.3% of total assets
Liquidity 38+8
short-term debt 51.6% · cash 11.1%
Profitability 83-3
return on assets 4.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (128 companies, NACE 96, medium-sized)
Last 24 months 11-2024: 0.8% 12-2024: 1.0%▲ +0.2 percentage points vs 11-2024 01-2025: 1.6%▲ +0.6 percentage points vs 12-2024highest value 02-2025: 0.5%▼ -1.1 percentage points vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.4%▼ -0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.4%▼ -0.1 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%▼ -0.3 percentage points vs 09-2026lowest value
Credit of up to €370,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.71, compared with 0.63 in 2025, below 1; short-term debt: 51.6% and cash: 11.1% of total assets), and 80.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 32% on solvency, 23% on liquidity, 89% on profitability and 70% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Equity €4.3m (19.3% of total assets)
NBB · annual accounts
lowers risk · Founded in 1980
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 of the last 3 late
NBB · filings
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 02-10-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
29 days early
2025
17 days early
2024
78 days late
2023
11 days early
2022
12 days early
2021
17 days late
2020
15 days early
← 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 2 days after the deadline; the sector median (NACE 96) for financial year 2024 is 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 19 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Capital & shares · Resignations &…Auditor report · Capital increase…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Positive: Fastest staff growth in East Flanders, Personal services sectorin the Checked rankings No. 1 View
  • Positive: 5 years of growth in a rowturnover 2026: €23.5m 5 years View
  • Controlled by JC WIBOultimately: Immo Vlassenroot NV 65% View
  • 2 restructurings since 2024latest: merger with HS INDUSTRIES 2 View
  • Result fell in 20262025 carried a one-off income of €958,031 ▼ 47.4% View
  • Active since 1980founded 08-12-1980 45 years View

By topic

Financials

Financial year
2026
Turnover
€23.5m
Profit
€898,171
Solvency
19.3%
Turnover▲ 4.0%
Net result
20192026
Go to Financials

Board & ownership

Board
5 members
Parent
JC WIBO · 65%
Auditor
VGD Bedrijfsrevisoren
  • Jean Charles WiboChair
  • BOWIDirector
  • Martine DE MUYNCKDirector
  • WebossDirector
  • Isabelle WIBODirector
Go to Board & ownership

Network & group

Group
Immo Vlassenroot NV
Holdings
1
Connected companies
8
Mergers and asset contributions
2

1 holding

Go to Network & group

Timeline

Events
53
Since
1982
Next accounts
by 31-10-2027
  1. 07-05-2025Resignation: Piet DEKEUKELAERE (managing director)
  2. 31-03-2025Highest result from 2019 to 2026
  3. 31-03-2025Equity above €2m
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Personal service activitiesNACE 96101
Founded
08-12-1980
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
11
Purpose
“De aan- en verkoop, het verhuren, het distribueren alsook het industrieel reinigen van…” (deed in Dutch)
Go to Articles of association

Key facts about LAUNDRY SOLUTIONS

What is the company number of LAUNDRY SOLUTIONS?
0420.999.893. In Belgium the VAT number is the company number with BE in front: BE 0420.999.893.
Where is LAUNDRY SOLUTIONS based?
The registered office is at Dorpsstraat 105, 9800 Deinze.Company details
What does LAUNDRY SOLUTIONS do?
According to the KBO register, the main activity is personal service activities (NACE 96101).
What is the legal form of LAUNDRY SOLUTIONS?
Public limited company (NV).
When was LAUNDRY SOLUTIONS founded?
On 08-12-1980.
Is LAUNDRY SOLUTIONS still active?
Yes, LAUNDRY SOLUTIONS is an active enterprise in the KBO register.
How many employees does LAUNDRY SOLUTIONS have?
On average 175.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of LAUNDRY SOLUTIONS?
€23.5m in financial year 2026, according to the filed annual accounts.
Is LAUNDRY SOLUTIONS profitable?
In financial year 2026, LAUNDRY SOLUTIONS made a profit of €898,171.
Where can I find the annual accounts of LAUNDRY SOLUTIONS?
LAUNDRY SOLUTIONS filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of LAUNDRY SOLUTIONS due?
By 31-10-2027, for financial year 2027.Timeline

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