SYLBECO
ActiveSummary
SYLBECO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192,221 and a net result of €96,276. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 2610 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+11
Solvency46▲+11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity short (current ratio 0.25 against 0.1 in 2024; short-term debt: 53.4% and cash: 11.1% of total assets), and 79.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 07-12-2025, 37 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 filingsDeviation from the deadline
2025
37 d late
2024
33 d late
2023
on the day
2022
40 d early
2021
18 d early
2020
28 d late
2019
1 d early
← 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 after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 31 October (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€192,221▲ 145%
2024 · €78,542
Total assets
€935,483▲ 21.0%
2024 · €773,091
Net result
€96,276▲ 512%
2024 · €15,739
Working capital
-€374,480▼ 10.9%
2024 · -€337,676
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,880▲ 16.6%€44,182▲ 243%-€14,855€8,772€117,465▲ 1,239%
Net result€8,550within the sector's middle half▲ 15.5%€37,405above the sector's middle half▲ 337%-€13,104below the sector's middle half€15,739within the sector's middle half€96,276above the sector's middle half▲ 512%
Equity€55,906within the sector's middle half▲ 18.1%€93,310within the sector's middle half▲ 66.9%€80,206within the sector's middle half▼ 14.0%€78,542within the sector's middle half▼ 2.1%€192,221above the sector's middle half▲ 145%
Total assets€1.0mabove the sector's middle half▼ 5.7%€1.0mabove the sector's middle half▼ 3.0%€908,884above the sector's middle half▼ 9.5%€773,091above the sector's middle half▼ 14.9%€935,483above the sector's middle half▲ 21.0%
Debt€979,000▼ 6.7%€910,601▼ 7.0%€828,678▼ 9.0%€694,549▼ 16.2%€715,005▲ 2.9%
Working capital-€249,953below the sector's middle half▼ 1.9%-€221,802below the sector's middle half▲ 11.3%-€294,759below the sector's middle half▼ 32.9%-€337,676below the sector's middle half▼ 14.6%-€374,480below the sector's middle half▼ 10.9%
Solvency5.4%below the sector's middle half▲ 1.1pp9.3%within the sector's middle half▲ 3.9pp8.8%below the sector's middle half▼ 0.5pp10.2%within the sector's middle half▲ 1.3pp20.5%within the sector's middle half▲ 10.4pp
Current ratio0.26below the sector's middle half▼ 0.020.39below the sector's middle half▲ 0.130.24below the sector's middle half▼ 0.150.10below the sector's middle half▼ 0.140.25below the sector's middle half▲ 0.15
Return on assets (ROA)0.8%within the sector's middle half▲ 0.2pp3.7%within the sector's middle half▲ 2.9pp-1.4%below the sector's middle half▼ 5.2pp2.0%within the sector's middle half▲ 3.5pp10.3%within the sector's middle half▲ 8.3pp
Staff (FTE)4.6▲ 12.2%4.6=6.6▲ 43.5%8.3▲ 25.8%8.3=
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,239% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €935,483
Fixed assets
€810,122 ▲ 10.3%
Current assets
€125,361 ▲ 223%
Equity and liabilities €935,483
Equity
€192,221 ▲ 145%
Provisions
€28,257
Debt
€715,005 ▲ 2.9%
Debt's share of the balance-sheet total falls from 89.8% to 76.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€234,579▲
2024 · €111,581
Cash flow
€213,391▲
2024 · €118,548
Quick ratio
0.23▲
2024 · 0.09
Debt to equity
3.72▼
2024 · 8.84
ROE
50.1%▲
2024 · 20.0%
Interest coverage
32.69▲
2024 · 12.68
Debt ≤ 1 year
€499,841▲
2024 · €376,497
Debt > 1 year
€213,089▼
2024 · €317,292
Income taxes
€456▼
2024 · €929
Staff costs
€132,745▲
2024 · €130,371
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €618 | €2,000 | ▲ 223% |
| Remuneration, social security and pensions62 | - | €111,450 | €123,918 | €130,371 | €132,745 | ▲ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €93,429 | €98,768 | €104,242 | €102,810 | €117,114 | ▲ 13.9% |
| Other operating charges640/8 | - | €6,234 | €6,682 | €8,437 | €8,068 | ▼ 4.4% |
| Non-recurring operating charges66A | - | - | - | - | €17,403 | - |
| Gross operating margin9900 | €178,384 | €260,633 | €219,988 | €250,389 | €392,795 | ▲ 56.9% |
| Operating profit (loss)9901 | €12,880 | €44,182 | -€14,855 | €8,772 | €117,465 | ▲ 1,239% |
| Financial income75/76B | - | €12,006 | €12,322 | €16,699 | €14,700 | ▼ 12.0% |
| Recurring financial income75 | €7,796 | €12,006 | €12,322 | €16,699 | €14,700 | ▼ 12.0% |
| Financial charges65/66B | - | €10,559 | €10,126 | €8,802 | €7,176 | ▼ 18.5% |
| Recurring financial charges65 | €11,851 | €10,559 | €10,126 | €8,802 | €7,176 | ▼ 18.5% |
| Profit (loss) for the period before taxes9903 | €8,826 | €45,628 | -€12,658 | €16,668 | €124,989 | ▲ 650% |
| Transfer from deferred taxes780 | - | - | - | - | €452 | - |
| Transfer to deferred taxes680 | - | - | - | - | €28,709 | - |
| Income taxes67/77 | €276 | €8,224 | €446 | €929 | €456 | ▼ 51.0% |
| Profit (loss) for the period9904 | €8,550 | €37,405 | -€13,104 | €15,739 | €96,276 | ▲ 512% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €1,356 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €86,126 | - |
| Profit (loss) for the period to be appropriated9905 | €8,550 | €37,405 | -€13,104 | €15,739 | €11,506 | ▼ 26.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.0m | €908,884 | €773,091 | €935,483 | ▲ 21.0% |
| Fixed assets21/28 | €947,588 | €860,070 | €813,309 | €734,270 | €810,122 | ▲ 10.3% |
| Tangible fixed assets22/27 | €947,588 | €860,070 | €813,309 | €734,270 | €810,122 | ▲ 10.3% |
| Land and buildings22 | - | €523,616 | €501,197 | €478,778 | €467,608 | ▼ 2.3% |
| Plant, machinery and equipment23 | - | €329,339 | €274,365 | €226,793 | €322,235 | ▲ 42.1% |
| Furniture and vehicles24 | - | €7,115 | €37,747 | €28,699 | €20,279 | ▼ 29.3% |
| Current assets29/58 | €87,317 | €143,841 | €95,575 | €38,821 | €125,361 | ▲ 223% |
| Stocks and contracts in progress3 | €5,964 | €5,570 | €3,679 | €4,264 | €9,288 | ▲ 118% |
| Stocks30/36 | - | €5,570 | €3,679 | €4,264 | €9,288 | ▲ 118% |
| Amounts receivable within one year40/41 | €2,530 | €5,971 | €5,141 | €4,720 | €6,306 | ▲ 33.6% |
| Trade receivables40 | - | €5,971 | €5,141 | €4,720 | €6,306 | ▲ 33.6% |
| Cash at bank and in hand54/58 | €75,695 | €129,386 | €82,441 | €26,550 | €103,766 | ▲ 291% |
| Deferred charges and accrued income490/1 | - | €2,914 | €4,314 | €3,287 | €6,000 | ▲ 82.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €908,884 | €773,091 | €935,483 | ▲ 21.0% |
| Equity10/15 | €55,906 | €93,310 | €80,206 | €78,542 | €192,221 | ▲ 145% |
| Contributions10/11 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Reserves13 | - | €35,000 | €35,000 | €35,000 | €119,770 | ▲ 242% |
| Tax-exempt reserves132 | - | - | - | - | €84,770 | - |
| Distributable reserves133 | - | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Profit (loss) carried forward14 | €15,906 | €18,310 | €5,206 | €3,542 | €32,451 | ▲ 816% |
| Provisions and deferred taxes16 | - | - | - | - | €28,257 | - |
| Deferred taxes168 | - | - | - | - | €28,257 | - |
| Amounts payable17/49 | €979,000 | €910,601 | €828,678 | €694,549 | €715,005 | ▲ 2.9% |
| Amounts payable after more than one year17 | €637,878 | €533,927 | €438,061 | €317,292 | €213,089 | ▼ 32.8% |
| Financial debts170/4 | - | €533,927 | €438,061 | €317,292 | €213,089 | ▼ 32.8% |
| Amounts payable within one year42/48 | €337,270 | €365,643 | €390,335 | €376,497 | €499,841 | ▲ 32.8% |
| Current portion of amounts payable after more than one year42 | - | €95,710 | €117,951 | €120,768 | €109,598 | ▼ 9.2% |
| Trade debts44 | €3,105 | €15,131 | €18,796 | €10,538 | €71,425 | ▲ 578% |
| Suppliers440/4 | - | €15,131 | €18,796 | €10,538 | €71,425 | ▲ 578% |
| Taxes, remuneration and social security45 | - | €41,099 | €36,731 | €28,518 | €6,359 | ▼ 77.7% |
| Taxes450/3 | - | €30,650 | €26,528 | €17,811 | - | - |
| Remuneration and social security454/9 | - | €10,448 | €10,203 | €10,707 | €6,359 | ▼ 40.6% |
| Other amounts payable47/48 | - | €213,703 | €216,856 | €216,673 | €312,458 | ▲ 44.2% |
| Accrued charges and deferred income492/3 | - | €11,030 | €282 | €759 | €2,075 | ▲ 173% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,550 | €37,405 | -€13,104 | €15,739 | €96,276 | ▲ 512% |
| + Depreciation and write-downs630 | €93,429 | €98,768 | €104,242 | €102,810 | €117,114 | ▲ 13.9% |
| Operating cash flow (approximation) | €101,978 | €136,173 | €91,138 | €118,548 | €213,391 | ▲ 80.0% |
| Investment in fixed assets (approximation) | - | -€11,250 | -€57,481 | -€23,771 | -€192,967 | ▼ 712% |
| Change in cash | - | €53,690 | -€46,945 | -€55,891 | €77,217 | ▲ 238% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
07-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 37 days late
31-03
Financial
Highest result since 2019net €96,276 ▲512%
Operating result €117,465, net result €96,276, both a record.
31-03
Financial
Equity above €150,000Eq €192,221 ▲145%
2 profitable years in a row build equity to €192,221.
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 33 days late
31-03
Financial
Back to profitnet €15,739
Net result €15,739 after one loss-making year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet -€13,104
Net result drops to -€13,104, the lowest in the series; recovery starts the following year.
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 28 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Denderleeuw · 1 establishment unit since 2005
Ground area
3,207 m²
Parcel 41076B0105/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Car Wash Becqué
since 20052.147.750.244
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41076B0105/00A000indicative | Flanders | 3,207 m² | - | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 55,254 EUR awarded · 55,254 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 15,122 EUR | 15,122 EUR |
| 2024 | 2 | 15,651 EUR | 15,651 EUR |
| 2023 | 1 | 12,918 EUR | 12,918 EUR |
| 2022 | 1 | 11,563 EUR | 11,563 EUR |
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BUBBELS
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Of 3,205 companies in sector 95316 we hold annual accounts for 754. 483 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-06-2005
Fiscal year end31-03
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0874295543
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.