MS Wax & Coating
ActiveMS Wax & Coating has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €15k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 82% of 2526 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+89
Solvency99▲+7
Growth52=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.85 against 2.96 in 2024; short-term debt: 25.7% and cash: 66.5% of total assets), and 25.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.3%
Return on assets
16.3%
Age of the figures
9 mo
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 d early
2024
12 d late
2023
26 d late
2022
17 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€68k▲ 28.1%
2024 · €53k
2022: €47k
2023: €69k
2024: €53k
2022 → 2025
Total assets
€92k▲ 14.9%
2024 · €80k
2022: €81k
2023: €100k
2024: €80k
2022 → 2025
Net result
€15k
2024 · €-16k
2022: €37k
2023: €23k
2024: €-16k
2022 → 2025
Working capital
€67k▲ 28.6%
2024 · €52k
2022: €41k
2023: €66k
2024: €52k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€47k-€69k▲ 48.6%€53k▼ 22.9%€68k▲ 28.1%
Operating result€48k-€26k▼ 45.3%€-15k€16k
Net result€37k-€23k▼ 38.2%€-16k€15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €16k after a loss of €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€1k▲ 1.2%
Current assets
€91k▲ 15.0%
Equity and liabilities €92k
Equity
€68k▲ 28.1%
Debt
€24k▼ 11.5%
The debt ratio falls from 33.3% to 25.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €-13k
Cash flow
€16k▲
2024 · €-13k
Solvency
74.3%▲
2024 · 66.7%
Current ratio
3.85▲
2024 · 2.96
Quick ratio
2.92▲
2024 · 2.06
Debt / equity
0.35▼
2024 · 0.50
ROE
21.9%▲
2024 · -29.6%
ROA
16.3%▲
2024 · -19.8%
Interest coverage
25.04▲
2024 · -16.79
Debt
€24k▼
2024 · €27k
Debt ≤ 1 year
€24k▼
2024 · €27k
Income taxes
€147
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€80k€92k▲
Fixed assets21/28€1k€1k▲
Tangible fixed assets22/27€1k€1k▲
Furniture and vehicles24€1k€1k▲
Current assets29/58€79k€91k▲
Stocks and contracts in progress3€24k€22k▼
Stocks30/36€24k€22k▼
Amounts receivable within one year40/41€4k€7k▲
Trade receivables40€4k€6k▲
Other amounts receivable41€32€981▲
Cash at bank and in hand54/58€51k€61k▲
Deferred charges and accrued income490/1€450€317▼
Equity and liabilities
Total equity and liabilities10/49€80k€92k▲
Equity10/15€53k€68k▲
Contributions10/11€10k€10k=
Reserves13€43k€58k▲
Distributable reserves133€43k€58k▲
Amounts payable17/49€27k€24k▼
Amounts payable within one year42/48€27k€24k▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€2k€147▼
Taxes450/3€2k€147▼
Other amounts payable47/48€21k€20k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€872€1k▲
Gross operating margin9900€-12k€18k▲
Operating profit (loss)9901€-15k€16k▲
Financial income75/76B€300€1▼
Recurring financial income75€300€1▼
Financial charges65/66B€769€680▼
Recurring financial charges65€769€680▼
Profit (loss) for the period before taxes9903€-16k€15k▲
Income taxes67/77-€147
Profit (loss) for the period9904€-16k€15k▲
Profit (loss) for the period to be appropriated9905€-16k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€15k▲
Transfer from equity791/2€16k-
Transfer to equity691/2-€15k
To other reserves6921-€15k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Weakest financial yearnet €-16k ▼170%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Cauwerburg 3229140 TemseGround area
373 m²
Building footprint
129 m²
Volume, LiDAR
724 m³
2 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MS Wax & Coating
since 20212.320.493.485
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B1077/00X003 | Flanders | 228 m² | 1 · 84 m² | 12.2 m · 3 fl. |
| 46025B1091/00B003indicative | Flanders | 145 m² | 1 · 45 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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VAG-Center
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Tielt-Winge · Eq €68k
Eeram Autos
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AZ-Autobedrijf
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Of 7,378 companies in sector 95311 we hold annual accounts for 2,959. 2,219 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2021
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
45204
46442Wholesale trade
47120Other non-specialised retail sale
47910Retail trade
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.