Skip to content

STARWASH

Active
Private limited company (pre-2019)founded 1999active for 27 yearsAan 't Kanaal 1, 3970 Leopoldsburg, BelgiumKBO/BCE: BE 0467.002.144
Summary

The computed 12-month bankruptcy probability of STARWASH is 2.5% (moderate). The 2024 annual accounts show negative equity (-€72,896) and a net result of €6,954. Equity is growing by about 4.4% per year across the filed financial years. Its solvency ranks better than 5% of 25,572 sector peers (NACE 47, financial year 2024). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€26,317total assets 2024
Equity
-€72,896
Profit
€6,954
Turnover not published (micro format)
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.5%
Structure
Accounts 84 days overdue
Why 53raises risk1 financial year not filed after the legal deadline; latest accounts 322 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 18-06-2026)lowers riskFounded in 1999Liquidity: current ratio 0.23, cash €18,331Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Average
Solvency 0=
equity -277.0% of total assets
Liquidity 50=
short-term debt 377.0% · cash 69.7%
Profitability 94-6
return on assets 26.4%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,226 companies, NACE 47, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▲ +0.2 percentage points vs 09-2025 11-2025: 1.3%▲ +0.1 percentage points vs 10-2025 12-2025: 1.8%▲ +0.5 percentage points vs 11-2025 01-2026: 3.4%▲ +1.6 percentage points vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.7%▲ +0.3 percentage points vs 02-2026 04-2026: 3.4%▼ -0.3 percentage points vs 03-2026 05-2026: 3.4%● unchanged vs 04-2026 06-2026: 3.4%● unchanged vs 05-2026 07-2026: 5.5%▲ +2.1 percentage points vs 06-2026 08-2026: 6.5%▲ +1.0 percentage point vs 07-2026highest value 09-2026: 6.5%● unchanged vs 08-2026highest value 10-2026: 2.5%▼ -4.0 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.23, compared with 0.15 in 2023, below 1; short-term debt: 377% and cash: 69.7% of total assets), and equity is negative.
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 47, micro): better than 6% on solvency, 52% on liquidity, 88% on profitability and 58% on growth.

The bankruptcy probability was computed on 22-10-2026 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).

Credit check for your own amount and term

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

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 322 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.23, cash €18,331
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 18-06-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 25572 sector peers (2024).
NBB · sector comparison
Position among 25572 sector peers
Solvency
better than 5%
← weakest strongest →
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, 84 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline23-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2026, 322 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
322 days late
2023
38 days late
2022
60 days late
2021
77 days late
2020
59 days late
2019
118 days 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 112 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€72,896 View
  • Caution: Among the weakest 5% on solvencysector median 32.2% · 25,572 companies -277.0% View
  • Caution: Accounts not fileddeadline was 31-07-2026 84 days late View

By topic

Financials

Financial year
2024
Total assets
€26,317
Profit
€6,954
Solvency
-277.0%
Total assets▲ 33.6%
Net result
20182024
Go to Financials

Timeline

Events
27
Since
2001
  1. 16-10-2022Annual accounts filed
  2. 31-12-2021Back to profit
  3. 28-09-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
06-10-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.