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The Laundry Market

Active
Private limited companyfounded 2003active for 23 yearsSterrestraat 90, 8700 Tielt, Belgium10 active companies are registered at this addressKBO/BCE: BE 0479.825.544
Summary

The Laundry Market has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €319,712 and a net result of €19,940. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 42% of 1,364 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Launderettes and laundries for private customers
NACE 96102
13 sites
Size
€1.4mtotal assets 2025
Equity
€319,712
Profit
€19,940
Turnover not published (abbreviated format)
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
LDL GROUP HOLDING · 98%
2025 accounts 4 days early3 of 8 deeds summarised
Why 81raises risk1 change of registered office in 24 monthslowers riskSize: total assets €1.4mFounded in 2003Figures for financial year 2025 (filed 27-01-2026)Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 96, micro)
Financial strength · tick = 2024
Average
Solvency 49+2
equity 23.6% of total assets
Liquidity 36+9
short-term debt 38.4% · cash 3.2%
Profitability 64-16
return on assets 1.5%
Bankruptcy probability, 12 months
0.5% Very 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% (7,615 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 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 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%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.6%▲ +0.5 percentage points vs 12-2025highest value 02-2026: 0.3%▼ -0.3 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.88, compared with 1.16 in 2024, below 1; short-term debt: 38.4% and cash: 3.2% of total assets), and 76.4% 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 47% on solvency, 28% on liquidity, 43% on profitability and 52% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €1.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 27-01-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
39 days early
2023
44 days early
2022
41 days early
2021
41 days early
2020
20 days early
2019
39 days 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 33 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 (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 21 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end27-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: LDL GROUP HOLDING NV (director)Appointments: Sarah Norton, Ben Gujral…
  2. Permanent representative: Johan StuyvenShareholding
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Caution: Result fell in 2025from €117,443 to €19,940 ▼ 83.0% View
  • New directorslatest change 01-04-2026 · 3 in office 3 joined View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by LDL GROUP HOLDING 98% View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Profit
€19,940
Solvency
23.6%
Total assets▲ 0.2%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
LDL GROUP HOLDING · 98%
  • Ben GujralDirector
  • LDL GROUP HOLDINGManaging director
  • Sarah NortonDirector
Go to Board & ownership

Timeline

Events
30
Since
2005
Next accounts
by 31-01-2027
  1. 29-12-2025Permanent representative: Johan Stuyven
  2. 23-12-2024Annual accounts filed
  3. 30-06-2024Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
13
Legal form
Private limited company
Activity
Launderettes and laundries for private customersNACE 96102
Founded
21-03-2003
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about The Laundry Market

What is the company number of The Laundry Market?
0479.825.544. In Belgium the VAT number is the company number with BE in front: BE 0479.825.544.
Where is The Laundry Market based?
The registered office is at Sterrestraat 90, 8700 Tielt.Company details
What does The Laundry Market do?
According to the KBO register, the main activity is launderettes and laundries for private customers (NACE 96102).
What is the legal form of The Laundry Market?
Private limited company (BV).
When was The Laundry Market founded?
On 21-03-2003.
Is The Laundry Market still active?
Yes, The Laundry Market is an active enterprise in the KBO register.
What is the turnover of The Laundry Market?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is The Laundry Market profitable?
In financial year 2025, The Laundry Market made a profit of €19,940.
Where can I find the annual accounts of The Laundry Market?
The Laundry Market filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of The Laundry Market due?
By 31-01-2027, for financial year 2026.Timeline

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