Turnover
≈ €190,000 estimated
The micro format states no turnover.
MS Wax & Coating
Lifetime
4 annual accounts with figures on one time axispeak €49,581 (2022)
€18,168▲ €30,207
lowest -€15,859 (2024)
€15,006▲ €30,864
peak €69,349 (2023)
€68,497▲ 28.1%
€23,649▼ 11.5%
Board1 name since 2021
1 directorSALIEN Mario Henri
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from -€12,039 to €18,168Back to profit: €15,006Registered office moved from Heist-op-den-Berg to Temse 12-02Equity from €53,491 to €68,497
Key points
from the 2025 annual accountsFilings
4 annual accounts 3 late
The 2023 accounts came latest: 26 days after the end of the period.
Position in the sector
74.3%
Higher solvency than 83% of companies in repair of computers and personal goods. Sector median 37.8% · 3,329 companies.
Checked score
89
Excellent
Financially stronger than 82% of micro companies in repair of computers and personal goods (NACE 95)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 5,138 companies (NACE 95, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.7%▲ +0.4 percentage points vs 02-2025
04-2025: 0.6%▼ -0.1 percentage points vs 03-2025
05-2025: 0.8%▲ +0.2 percentage points vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 1.4%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 0.6%▼ -0.8 percentage points vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.7%▲ +0.1 percentage points vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.3%▼ -0.4 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Founded in 2021
lowers risk
Liquidity: current ratio 3.85, cash €61,304
Equity €68,497 (74.3% of total assets)
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 83% of them on solvency, 89% on liquidity, 79% on profitability and 75% on growth.
The bankruptcy probability was computed on 09-11-2026 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 very low class on 30-06-2025, 0.1% 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, 26,972 companies had the same profile as MS Wax & Coating has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MS Wax & Coating itself: 0.3% 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.
| 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 26,972 companies, not a prediction for MS Wax & Coating. 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
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.85 (2.96 in 2024), above the usual 1.5. Short-term debt is 25.7% and cash 66.5% of total assets. 25.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 24-07-2026, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
7 days early
2024
12 days late
2023
26 days late
2022
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 12 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. The company usually files around 15 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0771622132
Registered office moved from Heist-op-den-Berg to Temse
New registered office: Cauwerburg 322 A, 9140 Temse · Previous registered office: Kerselaarlaan 9, 2220 Heist-op-den-Berg · General meeting of 19-11-2024 · Gazette deed
Registered office moved from Begijnendijk to Hallaar
New registered office: Kerselaarlaan 9 te 2220 Hallaar · Previous registered office: Mechelbaan 29 te 3130 Begijnendijk · Gazette deed
Incorporation
Founding capital of €10,000, 100 shares · Founder: SALIEN Mario Henri · Appointment: SALIEN Mario Henri (director) · published on 26-07-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MS Wax & Coating Temse | €92,145 | €18,168 | 74.3% | - |
| Vintage and Racing Services Namur | €85,436 | €15,355 | 21.8% | - |
| New Cargo Performance Evere | €105,871 | €17,760 | 72.9% | - |
| JTCars Jalhay | €88,844 | €23,420 | 76.5% | - |
| A & V Motors Nivelles | €96,483 | €23,562 | 18.2% | - |
| AUTO ZEBRA Tubize | €106,529 | €14,639 | 71.7% | - |
| MDK Automotive & Event Support Dendermonde | €92,938 | €17,344 | 0.5% | - |
These companies have the same main activity as MS Wax & Coating: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €85,400 and €107,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 22-07-2021Normal situation
- Activity
- General maintenance and repair of cars and light vans (up to 3.5 tonnes)NACE 95311and 5 others
- Establishment unit
- 2.320.493.4859140 Temse, since 22-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 04-06-2026
Annual accounts 2025
- €92,145▲ 14.9%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on MS Wax & Coating
MS Wax & Coating files the micro format. That format states no turnover. The gross margin fell from €49,581 in 2022 to €18,168 in 2025.
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 MS Wax & Coating
- What is the company number of MS Wax & Coating?
- The company number of MS Wax & Coating is 0771.622.132. The VAT number is the same number with BE in front: BE 0771.622.132.
- Where is MS Wax & Coating based?
- The registered office is at Cauwerburg 322, 9140 Temse.Company details
- What does MS Wax & Coating do?
- According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
- What is the legal form of MS Wax & Coating?
- MS Wax & Coating is a private limited company (BV).
- When was MS Wax & Coating founded?
- MS Wax & Coating was founded on 22-07-2021.
- Is MS Wax & Coating still active?
- Yes, MS Wax & Coating is an active enterprise in the KBO register.
- What is the turnover of MS Wax & Coating?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €18,168 and 36 comparable companies (NACE 95311). It probably lies between €93,000 and €440,000. It is a rough estimate.Financials
- Is MS Wax & Coating profitable?
- In financial year 2025, MS Wax & Coating made a profit of €15,006.
- Where can I find the annual accounts of MS Wax & Coating?
- MS Wax & Coating filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MS Wax & Coating due?
- MS Wax & Coating must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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