Checked.be · Company dossierhttps://checked.be/en/c/petrolwash-0834536926 · as of 14-10-2026
PETROLWASH
Active
Private limited company (pre-2019) · founded 2011 · active for 15 yearsRue des Prés 8, 1300 Wavre, BelgiumKBO/BCE: BE 0834.536.926
Summary
The computed 12-month bankruptcy probability of PETROLWASH is 14.5% (high). The 2020 annual accounts show equity of €21,994 and a net result of €153. Equity is growing by about 22% per year across the filed financial years. The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2020 (filed 13-08-2021)3 financial years not filed after the legal deadline; latest accounts 9 days late; 2 of the last 3 lateNo registered site in the KBOlowers riskSize: total assets €146,611neutralNo filing for yearsFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency40+2
equity 15.0% of total assets
Liquidity51+1
short-term debt 38.2% · cash 14.5%
Profitability38-53
return on assets 0.1%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
14.5%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 15.8%highest value12-2024: 15.8%● unchanged vs 11-2024highest value01-2025: 15.8%● unchanged vs 12-2024highest value02-2025: 15.8%● unchanged vs 01-2025highest value03-2025: 15.8%● unchanged vs 02-2025highest value04-2025: 15.8%● unchanged vs 03-2025highest value05-2025: 15.8%● unchanged vs 04-2025highest value06-2025: 15.8%● unchanged vs 05-2025highest value07-2025: 15.8%● unchanged vs 06-202508-2025: 15.8%● unchanged vs 07-202509-2025: 15.8%● unchanged vs 08-202510-2025: 15.8%● unchanged vs 09-202511-2025: 15.8%● unchanged vs 10-202512-2025: 15.8%● unchanged vs 11-202501-2026: 15.8%● unchanged vs 12-202502-2026: 15.8%● unchanged vs 01-202603-2026: 15.8%● unchanged vs 02-202604-2026: 15.8%● unchanged vs 03-202605-2026: 15.8%● unchanged vs 04-202606-2026: 15.8%● unchanged vs 05-202607-2026: 14.9%▼ -0.9 percentage points vs 06-202608-2026: 14.9%● unchanged vs 07-202609-2026: 14.4%▼ -0.5 percentage points vs 08-2026lowest value10-2026: 14.5%▲ +0.1 percentage points vs 09-2026
31-12-2021 year end31-07-2022 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 09-08-2021, 9 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
This company filed its last 2 accounts on average 52 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2020 · micro…
Weakest financial yearnet €153 ▼99.6%
Annual accounts filedfinancial year 2019 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-20221536 days lateView