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LAUNDRY-TEC

Active
Private limited companyfounded 2020active for 6 yearsThenaertsstraat 6, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0743.899.532
Summary

The computed 12-month bankruptcy probability of LAUNDRY-TEC is 3.5% (moderate). The 2025 annual accounts show equity of €43,907 and a net result of €3,620. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 36% of 22,576 sector peers (NACE 47, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (42 days) Filed on 11 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00511127.

Turnover
€175,958▲ 18.1%
2022 · €149,047
EBIT margin
5.0%▼ 7.7pp
2022 · 12.7%
Net result
€3,620▼ 31.3%
2024 · €5,267
Working capital
€36,505▲ 56.5%
2024 · €23,321
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result has fallen three years in a row; 2025 is 32% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€175,958 2023 Operating result€5,030 2025 Net result€3,620 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Turnover€30,852-€82,659▲ 168%€149,047▲ 80.3%€175,958▲ 18.1%
Operating result€654-€14,289▲ 22×€18,975▲ 32.8%€8,863▼ 53.3%€7,347▼ 17.1%€5,030▼ 31.5%
Net result€428within the sector's middle half-€11,380within the sector's middle half▲ 27×€14,749within the sector's middle half▲ 29.6%€6,463within the sector's middle half▼ 56.2%€5,267within the sector's middle half▼ 18.5%€3,620within the sector's middle half▼ 31.3%
EBIT margin2.1%-17.3%▲ 15.2pp12.7%▼ 4.6pp5.0%▼ 7.7pp
Equity€2,428below the sector's middle half-€13,808within the sector's middle half▲ 469%€28,557within the sector's middle half▲ 107%€35,020within the sector's middle half▲ 22.6%€40,287within the sector's middle half▲ 15.0%€43,907within the sector's middle half▲ 9.0%
Total assets€45,518below the sector's middle half-€110,573within the sector's middle half▲ 143%€144,608within the sector's middle half▲ 30.8%€207,617within the sector's middle half▲ 43.6%€220,316within the sector's middle half▲ 6.1%€252,209within the sector's middle half▲ 14.5%
Debt€43,090-€96,765▲ 125%€116,051▲ 19.9%€172,596▲ 48.7%€180,029▲ 4.3%€208,302▲ 15.7%
Working capital-€20,495below the sector's middle half-€3,135within the sector's middle half-€6,185within the sector's middle half-€7,777within the sector's middle half▼ 25.7%€23,321within the sector's middle half€36,505within the sector's middle half▲ 56.5%
Solvency5.3%below the sector's middle half-12.5%within the sector's middle half▲ 7.2pp19.7%within the sector's middle half▲ 7.3pp16.9%within the sector's middle half▼ 2.9pp18.3%within the sector's middle half▲ 1.4pp17.4%within the sector's middle half▼ 0.9pp
Current ratio0.52below the sector's middle half-1.03within the sector's middle half▲ 0.510.94within the sector's middle half▼ 0.090.95within the sector's middle half▲ 0.011.13within the sector's middle half▲ 0.181.18within the sector's middle half▲ 0.05
Return on assets (ROA)0.9%within the sector's middle half-10.3%within the sector's middle half▲ 9.4pp10.2%within the sector's middle half▼ 0.1pp3.1%within the sector's middle half▼ 7.1pp2.4%within the sector's middle half▼ 0.7pp1.4%within the sector's middle half▼ 1.0pp
Staff (FTE)12▲ 100%1.3▼ 35.0%
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €252,209
Fixed assets €11,352 ▼ 45.7%
Current assets €240,858 ▲ 20.8%
Equity and liabilities €252,209
Equity €43,907 ▲ 9.0%
Debt €208,302 ▲ 15.7%
Debt's share of the balance-sheet total rises from 81.7% to 82.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€14,594▼
2024 · €16,833
Cash flow
€13,184▼
2024 · €14,754
Quick ratio
0.87▼
2024 · 1.07
Debt to equity
4.74▲
2024 · 4.47
ROE
8.2%▼
2024 · 13.1%
Interest coverage
74.06▲
2024 · 38.85
Debt ≤ 1 year
€204,352▲
2024 · €176,079
Debt > 1 year
€3,950=
2024 · €3,950
Income taxes
€1,213▼
2024 · €1,683
Staff costs
€43,979▼
2024 · €60,237
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,274 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.6% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.5% went bankrupt
2.5% stopped otherwise
94.6% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,274 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€220,316€252,209▲
Fixed assets21/28€20,916€11,352▼
Tangible fixed assets22/27€15,547€5,983▼
Plant, machinery and equipment23€3,911€2,311▼
Furniture and vehicles24€11,636€3,671▼
Financial fixed assets28€5,369€5,369=
Current assets29/58€199,400€240,858▲
Stocks and contracts in progress3€10,116€62,529▲
Stocks30/36€10,116€62,529▲
Amounts receivable within one year40/41€179,386€144,452▼
Trade receivables40€179,386€144,452▼
Cash at bank and in hand54/58€9,897€33,877▲
Equity and liabilities
Total equity and liabilities10/49€220,316€252,209▲
Equity10/15€40,287€43,907▲
Contributions10/11€2,000€2,000=
Reserves13€21€21=
Non-distributable reserves130/1€21€21=
Reserves not available under the articles1311€21€21=
Profit (loss) carried forward14€38,266€41,886▲
Amounts payable17/49€180,029€208,302▲
Amounts payable after more than one year17€3,950€3,950=
Other amounts payable178/9€3,950€3,950=
Amounts payable within one year42/48€176,079€204,352▲
Trade debts44€52,167€36,629▼
Suppliers440/4€52,167€36,629▼
Taxes, remuneration and social security45€54,423€75,235▲
Taxes450/3€8,807€9,442▲
Remuneration and social security454/9€45,615€65,793▲
Other amounts payable47/48€69,489€92,489▲
Income statement Code20242025
Non-recurring operating income76A€11,000-
Remuneration, social security and pensions62€60,237€43,979▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,487€9,565▲
Other operating charges640/8€609€3,979▲
Gross operating margin9900€77,679€62,552▼
Operating profit (loss)9901€7,347€5,030▼
Financial income75/76B€36-
Recurring financial income75€36-
Financial charges65/66B€433€197▼
Recurring financial charges65€433€197▼
Profit (loss) for the period before taxes9903€6,950€4,833▼
Income taxes67/77€1,683€1,213▼
Profit (loss) for the period9904€5,267€3,620▼
Profit (loss) for the period to be appropriated9905€5,267€3,620▼
Appropriation of the result
Profit (loss) to be appropriated9906€38,266€41,886▲
Profit (loss) brought forward from the previous period14P€32,999€38,266▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Turnover70€30,852€82,659€149,047€175,958---
Non-recurring operating income76A----€11,000--
Goods, raw materials, services and sundry goods60/61-€59,270€107,235€123,491---
Remuneration, social security and pensions62--€11,537€26,268€60,237€43,979▼ 27.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,977€8,300€11,300€16,045€9,487€9,565▲ 0.8%
Other operating charges640/8-€800-€1,292€609€3,979▲ 554%
Gross operating margin9900€2,631€23,389€41,812€52,467€77,679€62,552▼ 19.5%
Operating profit (loss)9901€654€14,289€18,975€8,863€7,347€5,030▼ 31.5%
Financial income75/76B----€36--
Recurring financial income75----€36--
Financial charges65/66B-€27€400€457€433€197▼ 54.5%
Recurring financial charges65€22€27€400€457€433€197▼ 54.5%
Profit (loss) for the period before taxes9903€632€14,261€18,575€8,405€6,950€4,833▼ 30.5%
Income taxes67/77€204€2,881€3,826€1,942€1,683€1,213▼ 27.9%
Profit (loss) for the period9904€428€11,380€14,749€6,463€5,267€3,620▼ 31.3%
Profit (loss) for the period to be appropriated9905€428€11,380€14,749€6,463€5,267€3,620▼ 31.3%
Line202020212022202320242025Change
Assets
Total assets20/58€45,518€110,573€144,608€207,617€220,316€252,209▲ 14.5%
Fixed assets21/28€22,923€14,623€38,692€46,747€20,916€11,352▼ 45.7%
Intangible fixed assets21--€27,000€24,000---
Tangible fixed assets22/27€22,923€14,623€6,323€17,378€15,547€5,983▼ 61.5%
Plant, machinery and equipment23---€2,933€3,911€2,311▼ 40.9%
Furniture and vehicles24-€14,623€6,323€14,444€11,636€3,671▼ 68.4%
Financial fixed assets28--€5,369€5,369€5,369€5,369=
Current assets29/58€22,595€95,950€105,916€160,870€199,400€240,858▲ 20.8%
Stocks and contracts in progress3€7,500€3,600--€10,116€62,529▲ 518%
Stocks30/36-€3,600--€10,116€62,529▲ 518%
Amounts receivable within one year40/41€14,594€59,359€92,259€124,628€179,386€144,452▼ 19.5%
Trade receivables40-€58,590€92,259€124,628€179,386€144,452▼ 19.5%
Other amounts receivable41-€769-----
Cash at bank and in hand54/58€501€32,420€13,657€36,241€9,897€33,877▲ 242%
Deferred charges and accrued income490/1-€571-----
Equity and liabilities
Total equity and liabilities10/49€45,518€110,573€144,608€207,617€220,316€252,209▲ 14.5%
Equity10/15€2,428€13,808€28,557€35,020€40,287€43,907▲ 9.0%
Contributions10/11€2,000€2,000€2,000€2,000€2,000€2,000=
Reserves13€21€21€21€21€21€21=
Non-distributable reserves130/1-€21€21€21€21€21=
Reserves not available under the articles1311-€21€21€21€21€21=
Profit (loss) carried forward14€406€11,787€26,536€32,999€38,266€41,886▲ 9.5%
Amounts payable17/49€43,090€96,765€116,051€172,596€180,029€208,302▲ 15.7%
Amounts payable after more than one year17-€3,950€3,950€3,950€3,950€3,950=
Other amounts payable178/9-€3,950€3,950€3,950€3,950€3,950=
Amounts payable within one year42/48€43,090€92,815€112,101€168,646€176,079€204,352▲ 16.1%
Trade debts44€8,113€35,342€49,607€76,412€52,167€36,629▼ 29.8%
Suppliers440/4-€35,342€49,607€76,412€52,167€36,629▼ 29.8%
Advances received on contracts in progress46-€3,000€3,000----
Taxes, remuneration and social security45-€20,267€22,687€37,063€54,423€75,235▲ 38.2%
Taxes450/3-€12,067€13,116€14,254€8,807€9,442▲ 7.2%
Remuneration and social security454/9-€8,200€9,571€22,809€45,615€65,793▲ 44.2%
Other amounts payable47/48-€34,206€36,806€55,172€69,489€92,489▲ 33.1%
Line202020212022202320242025Change
Profit (loss) for the period9904€428€11,380€14,749€6,463€5,267€3,620▼ 31.3%
+ Depreciation and write-downs630€1,977€8,300€11,300€16,045€9,487€9,565▲ 0.8%
Operating cash flow (approximation)€2,405€19,680€26,049€22,508€14,754€13,184▼ 10.6%
Investment in fixed assets (approximation)-€0-€35,369-€24,100€16,344€0▼ 100%
Change in cash-€31,918-€18,763€22,584-€26,344€23,979-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 11-09-2026 2026-00511127
31-12-2024 micro format 02-11-2025 2025-00560605
31-12-2023 micro format 09-12-2024 2024-00612357
31-12-2022 micro format 30-12-2023 2023-00540454
31-12-2021 micro format 29-12-2022 2023-20553271
31-12-2020 micro format 13-11-2021 2021-77300361

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