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WAS EN PLAS

Active
Private limited company (pre-2019)founded 199432 yrs activeSchardouwstraat 1, 8870 Izegem, BelgiumKBO/BCE: BE 0453.460.350
Summary

WAS EN PLAS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €552,744 and a net result of -€5,926. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 61% of 1182 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

What they do
Launderettes and laundries for private customers
NACE 96102NACE 93012NACE 96012
#3 company by total assets in Izegem, Other services sector1 site
How big
€1.2mtotal assets 2025
Equity
€552,744
Loss
-€5,926
Turnover not published (abridged schema)
Financially healthy?
81 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Who decides
Accounts 2 d early0 of 4 deeds read
Why 81- 1 change of registered office in 24 months- Liquidity: current ratio 0.67, cash €3,735+ Size: total assets €1.2m+ Founded in 1994Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 96, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 70=
equity 44.8% of total assets
Liquidity 42-47
short-term debt 23.2% · cash 0.3%
Profitability 53+12
return on assets -0.5%
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% (7,525 companies)
  • 1 change of registered office in 24 months raises the probability
  • Liquidity: current ratio 0.67, cash €3,735 raises the probability
  • Size: total assets €1.2m lowers the probability for this profile
  • Founded in 1994 lowers the probability for this profile
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.8 in 2024; short-term debt: 23.2% and cash: 0.3% of total assets), and 55.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 96, micro). Better than this share of them on solvency 64%, liquidity 34%, profitability 37%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Liquidity: current ratio 0.67, cash €3,735
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €1.2m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1994
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€5,926
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 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
2 d early
2023
1 d early
2022
1 d early
2021
2 d early
2020
1 d early
2019
25 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 5 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Weakest financial yearnet -€32,487

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€5,926 View
  • Positive: Company by total assets in Izegem, Other services…in the Checked rankings #3 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.2m
Loss
-€5,926
Solvency
44.8%
Total assets▼ 0.5%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-01-2027
  1. 29-01-2026Annual accounts filed
  2. 29-01-2025Annual accounts filed
  3. 30-06-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Launderettes and laundries for private customersNACE 96102
Founded
21-09-1994
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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