Ultimate Car Cleaning
Open bankruptcyA bankruptcy procedure is open for Ultimate Car Cleaning according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €4k and a net result of €-11k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-06-2024, 33 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
33 d early
2022
30 d early
2021
54 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€4k▼ 73.9%
2022 · €14k
2021: €15k
2022: €14k
2021 → 2023
Total assets
€62k▲ 253%
2022 · €17k
2021: €37k
2022: €17k
2021 → 2023
Net result
€-11k▼ 881%
2022 · €-1k
2021: €12k
2022: €-1k
2021 → 2023
Working capital
€-6k
2022 · €12k
2021: €15k
2022: €12k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€15k-€14k▼ 7.0%€4k▼ 73.9%
Operating result€15k-€-949€-7k▼ 646%
Net result€12k-€-1k€-11k▼ 881%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2023 against €949 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €62k
Fixed assets
€38k▲ 1,883%
Current assets
€23k▲ 51.6%
Equity and liabilities €62k
Equity
€4k▼ 73.9%
Debt
€58k▲ 1,720%
The debt ratio rises from 18.2% to 94.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1k▲
2022 · €-861
Cash flow
€-2k▼
2022 · €-985
Solvency
6.0%▼
2022 · 81.8%
Current ratio
0.80▼
2022 · 4.88
Quick ratio
0.80▼
2022 · 4.88
Debt / equity
15.55▲
2022 · 0.22
ROE
-283.3%▼
2022 · -7.5%
ROA
-17.1%▼
2022 · -6.2%
Interest coverage
0.30▲
2022 · -6.92
Debt
€58k▲
2022 · €3k
Debt ≤ 1 year
€29k▲
2022 · €3k
Debt > 1 year
€28k
Income taxes
€119
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€17k€62k▲
Fixed assets21/28€2k€38k▲
Tangible fixed assets22/27€2k€38k▲
Plant, machinery and equipment23-€331
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25-€36k
Current assets29/58€16k€23k▲
Amounts receivable within one year40/41€15k€23k▲
Other amounts receivable41€15k€23k▲
Cash at bank and in hand54/58€71€2▼
Deferred charges and accrued income490/1€323-
Equity and liabilities
Total equity and liabilities10/49€17k€62k▲
Equity10/15€14k€4k▼
Contributions10/11€3k€3k=
Reserves13€11k€717▼
Distributable reserves133€11k€717▼
Amounts payable17/49€3k€58k▲
Amounts payable after more than one year17-€28k
Financial debts170/4-€28k
Amounts payable within one year42/48€3k€29k▲
Current portion of amounts payable after more than one year42-€18k
Trade debts44-€7k
Suppliers440/4-€7k
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Accrued charges and deferred income492/3-€171
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89€8k▲
Other operating charges640/8€849€2k▲
Gross operating margin9900€-12€3k▲
Operating profit (loss)9901€-949€-7k▼
Financial charges65/66B€124€3k▲
Recurring financial charges65€124€3k▲
Profit (loss) for the period before taxes9903€-1k€-10k▼
Income taxes67/77-€119
Profit (loss) for the period9904€-1k€-11k▼
Profit (loss) for the period to be appropriated9905€-1k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-11k▼
Transfer from equity791/2€1k€11k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
22-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · ULTIMATE CAR CLEANING BV NIEUWSTRAAT 43, 3950 BOCHOLT · event 14-11-2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 4.88
Current ratio from 1.70 to 4.88; short-term debt falls from €22k to €3k.
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Bocholt · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nieuwstraat 433950 BocholtGround area
1,438 m²
Building footprint
505 m²
Volume, LiDAR
2,536 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ultimate Car Cleaning
since 20202.309.354.422
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72003A0327/00G002 | Flanders | 775 m² | 1 · 350 m² | 8.6 m · 2 fl. |
| 72003A0151/00D000 | Flanders | 663 m² | 1 · 155 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MICHAEL WARSON KUNSTLAAN 18 BUS 6,
3500 HASSELT |
14-11-2024 → present |
| Curator | TOM RENCKENS KUNST-
LAAN 18 BUS 6, 3500 HASSELT |
14-11-2024 → present |
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Of 3,211 companies in sector 95316 we hold annual accounts for 753. 353 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2020
Fiscal year end31-12
Activities, NACEBEL
95316Washing and cleaning of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.