NETWASH EXPRESS

Active

Private limited companyfounded 200323 yrs activeStrandlaan(Kok) 308, 8670 Koksijde, BelgiumKBO/BCE: BE 0480.175.437

Summary

NETWASH EXPRESS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €123,497 and a net result of €21,992. Equity is growing by ~79.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisWatch Report Compare

NETWASH EXPRESSActiveChecked score 59/100

Risk analysis Report Compare

What they do

Personal service activities

NACE 96101NACE 93011NACE 96011

#5 company by total assets in Koksijde, Other services sector4 sites

How big

€518,311total assets 2024

Equity: €123,497
Profit: €21,992

Turnover not published (abridged schema)

Financially healthy?

59 Fair Checked score 2024

Bankruptcy chance 12 m: 1.0%

Who decides

Accounts 63 d overdue0 of 3 deeds read

Why 59- Multiple establishment units- Annual accounts: weaker financial profile+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2024

59 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability74▼-4

Solvency49▲+4

Growth78=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €7,000 at 30 days acceptable

Liquidity short (current ratio 0.07 against 0.13 in 2023; short-term debt: 37% and cash: 0.7% of total assets), and 76.2% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

23.8%

Return on assets

4.2%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

28 d late

2023

29 d late

2022

59 d late

2021

31 d late

2020

61 d late

2019

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 40 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)

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

28-08-25 Annual accounts filedfiscal year 2024 · micro…
29-08-24 Annual accounts filedfiscal year 2023 · micro…
31-12-23 Equity above €100,000Eq €101,505 ▲57.8%

Key points

Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
Positive: Among the best 15% on equitysector median €14,329 · 6,173 companies €123,497 View
Total assets 20246 fiscal years filed €518,311 View