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Let's Wrap

Active
Private limited companyfounded 20242 yrs activeMerksemsesteenweg 96, 2100 Antwerpen, BelgiumKBO/BCE: BE 1012.515.692
Summary

Let's Wrap has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,361 and a net result of €57,361. Its solvency ranks better than 87% of 3131 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Other maintenance and repair of motor vehicles
NACE 95319NACE 45209
1 site
Size
€76,116total assets 2025
Equity
€60,361
Profit
€57,361
Turnover not published (abridged schema)
Financial health
87 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Accounts 35 d early1 of 2 deeds read
Why 87- Founded in 2024- 1 change of registered office in 24 months+ Liquidity: current ratio 4.63, cash €50,035+ Equity €60,361 (79.3% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Better than 92% of its sector peers (NACE 95, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency 100
equity 79.3% of total assets
Liquidity 93
short-term debt 20.7% · cash 65.7%
Profitability 100
return on assets 75.4%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,076 companies)
Last 24 months 09-2025: 1.8% 10-2025: 1.9%▲ +2.7% vs 09-2025 11-2025: 1.9%▲ +2.0% vs 10-2025 12-2025: 2.3%▲ +22.9% vs 11-2025 01-2026: 2.3%▲ +0.4% vs 12-2025 02-2026: 2.6%▲ +10.4% vs 01-2026 03-2026: 2.8%▲ +10.4% vs 02-2026highest value 04-2026: 2.8%● 0.0% vs 03-2026highest value 05-2026: 2.8%▼ -1.4% vs 04-2026 06-2026: 2.8%▼ -1.1% vs 05-2026 07-2026: 0.2%▼ -92.9% vs 06-2026lowest value 08-2026: 0.5%▲ +159% vs 07-2026 09-2026: 0.5%▲ +2.1% vs 08-2026 10-2026: 0.5%● 0.0% vs 09-2026
  • Liquidity: current ratio 4.63, cash €50,035 lowers the probability
  • Founded in 2024 raises the probability for this profile
  • 1 change of registered office in 24 months raises the probability
  • Equity €60,361 (79.3% of total assets) lowers the probability
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 4.63; short-term debt: 20.7% and cash: 65.7% of total assets), and 20.7% 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 95, micro). Better than this share of them on solvency 92%, liquidity 91%, profitability 94%. 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

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 4.63, cash €50,035
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Equity €60,361 (79.3% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 26-06-2026, 35 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
35 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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. Registered officeShareholding · Registered-office move
  2. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Positive: Among the best 13% on net resultsector median €8,413 · 3,131 companies €57,361 View
  • Total assets 2025first fiscal year filed €76,116 View
  • Active since 2024founded 14-08-2024 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€76,116
Profit
€57,361
Solvency
79.3%
Go to Financials

Timeline

Events
2
Since
2026
  1. 01-07-2026Registered office
  2. 26-06-2026Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other maintenance and repair of motor vehiclesNACE 95319
Founded
14-08-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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