Financials
- Financial year
- 2025
- Total assets
- €3.5m
- Loss
- -€232,117
- Solvency
- 4.3%
Total assets▼ 0.9%
Net result
20182025
Q WASH
ActiveSummary
The computed 12-month bankruptcy probability of Q WASH is 1.6% (moderate). The annual accounts of Q WASH for financial year 2025 show a net loss of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €149,854 and a net result of -€232,117. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 14% of 1,265 sector peers (NACE 95, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Washing and cleaning of motor vehicles
NACE 95316
Largest company by total assets in Oostkamp, Other services sector2 sites
Size
€3.5mtotal assets 2025
- Staff
- 0.5 FTE
- Equity
- €149,854
- Loss
- -€232,117
Turnover not published (abbreviated or micro format)
Structure
- Parent
- ITALIAN CAR CARE COSMETICS · 100%
- EVENS ADVISORYDirector · permanent representative Hendrik Evens
- FOXDirector · permanent representative Vincent Longueville
- VL CONSULT BVDirector
Accounts 1 day early1 of 6 deeds read
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 1.10, cash €853, halvedEquity €149,854 (4.3% of total assets)Loss of €232,117 (financial year 2025)lowers riskSize: 0.5 FTE, total assets €3.5mShow the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 95, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
29-7
equity 4.3% of total assets
Liquidity
45-3
short-term debt 18.6% · cash 0.0%
Profitability
18-27
return on assets -6.7%
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%lowest value
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%▲ +0.1 percentage points vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%▲ +0.4 percentage points vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 0.6%▼ -0.5 percentage points vs 10-2025
12-2025: 0.7%▲ +0.1 percentage points vs 11-2025
01-2026: 0.8%▲ +0.1 percentage points vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.9%▲ +0.1 percentage points vs 02-2026
04-2026: 1.2%▲ +0.3 percentage points vs 03-2026
05-2026: 1.6%▲ +0.4 percentage points vs 04-2026highest value
06-2026: 1.6%● unchanged vs 05-2026highest value
07-2026: 1.6%● unchanged vs 06-2026highest value
08-2026: 1.6%● unchanged vs 07-2026highest value
09-2026: 1.6%● unchanged vs 08-2026highest value
10-2026: 1.6%● unchanged vs 09-2026highest value
Credit of up to €7,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.1, compared with 1.2 in 2024, below the usual 1.5; short-term debt: 18.6% and cash: 0% of total assets), and 95.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 19% on solvency, 38% on liquidity, 17% on profitability and 8% on growth.
The bankruptcy probability was computed on 13-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 1265 sector peers (2025).
NBB · sector comparisonPosition among 1265 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
10 days early
2022
26 days early
2021
16 days early
2020
3 days early
2018
12 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 21 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end14-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignations: VDV Equity BV (director) and…Permanent representatives: Boudewyn Van de…
- Weakest financial yearnet -€232,117
Key points
- Caution: From profit to loss in 2025after €33,667 in 2024 -€232,117 View
- Caution: Among the weakest 5% on net resultsector median €29,880 · 1,261 companies -€232,117 View
- Board changedlatest change 06-01-2026 · 3 in office 2 joined · 2 left View
- Controlled by ITALIAN CAR CARE COSMETICS 100% View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
By topic
Board & ownership
- Board
- 3 members
- Parent
- ITALIAN CAR CARE COSMETICS · 100%
- EVENS ADVISORYDirector
- FOXDirector
- VL CONSULT BVDirector
Network & group
- Connected companies
- 12
Timeline
- Events
- 24
- Since
- 2007
- Next accounts
- by 30-04-2027
- 30-04-2025Annual accounts filed
- 20-04-2024Annual accounts filed
- 04-04-2023Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Washing and cleaning of motor vehiclesNACE 95316
- Founded
- 19-12-2005
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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