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SPEED SERVICE

Active
Private limited companyfounded 1974active for 52 yearsDe Leescorfstraat 38, 2140 Antwerpen, BelgiumKBO/BCE: BE 0414.265.125
Summary

SPEED SERVICE has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €180,758 and a net result of €33,195. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 95% of 6,096 sector peers (NACE 96, financial year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Launderettes and laundries for private customers
NACE 96102
2 sites
Size
€196,084total assets 2024
Equity
€180,758
Profit
€33,195
Turnover not published (micro format)
Financial health
58 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
WASSEPOESTER · 100%
  • WassepoesterDirector · permanent representative Peter Staveloz
Accounts 78 days overdue1 of 3 deeds read
Why 58raises riskCapped at 59: a confirmed filing finding1 change of registered office in 24 monthsFigures for financial year 2024 (filed 04-04-2025)lowers riskLiquidity: current ratio 12.68, cash €193,706Founded in 1974Show the evidence

Checked score

Score 2024
58 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 82% of its sector peers (NACE 96, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 100=
equity 92.2% of total assets
Liquidity 100=
short-term debt 7.8% · cash 98.8%
Profitability 80-3
return on assets 16.9%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,612 companies, NACE 96, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.3 percentage points vs 09-2026highest value
Credit of up to €10,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 12.68, compared with 13.86 in 2023, above the usual 1.5; short-term debt: 7.8% and cash: 98.8% of total assets), and 7.8% 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 96, micro): better than 93% on solvency, 98% on liquidity, 66% on profitability and 69% on growth.

The bankruptcy probability was computed on 16-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 04-04-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 12.68, cash €193,706
NBB · annual accounts
lowers risk · Founded in 1974
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €180,758
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-04-2025, 118 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
118 days early
2023
131 days early
2022
129 days early
2021
135 days early
2020
126 days early
2019
114 days early
← 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 126 days before the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Luc VAN HERBRUGGEN (manager)Appointment: Wassepoester (director) · Permanent…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2018 to 2024net €33,195 ▲79.9%

Key points

  • Positive: Among the best 5% on solvencysector median 24.8% · 6,096 companies 92.2% View
  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
  • Caution: Board changedlatest change 20-10-2025 · 1 in office 1 joined · 1 left View
  • Controlled by WASSEPOESTER 100% View
  • Active since 1974founded 31-05-1974 52 years View

By topic

Financials

Financial year
2024
Total assets
€196,084
Profit
€33,195
Solvency
92.2%
Total assets▲ 23.0%
Net result
20182024
Go to Financials

Timeline

Events
54
Since
1978
  1. 31-12-2024Equity above €150,000
  2. 22-03-2024Annual accounts filed
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Launderettes and laundries for private customersNACE 96102
Founded
31-05-1974
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Financial year
From 1 July to 30 June
Annual meeting
First Monday of December at 19:00
Purpose
“Alle handelingen hoegenaamd die rechtstreeks of onrechtstreeks betrekking hebben op de…” (deed in Dutch)
Go to Articles of association

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