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WASH & DRY MATIC

Active Private limited companyfounded 2008active for 17 yearsWeverijstraat 4, 9500 GeraardsbergenKBO/BCE: BE 0808.683.753 #10 oldest company in Geraardsbergen, Other services sector

Lifetime

3 annual accounts with figures on one time axis
peak €40,611 (2024)
€15,630▼ 61.5%
peak €20,912 (2024)
€1,392▼ 93.3%
peak €48,707 (2025)
€48,707▲ 2.9%
€20,558▼ 47.9%
Board1 name since 2023
1 directorElie LIESSENS
Documentsfilings and deeds
27-03-202634 days before the deadline
2025micro format
Gross margin from €40,611 to €15,630Result from €20,912 to €1,392Debts from €39,470 to €20,558Investments €22,609Cash from €57,292 to €19,905

Key points

from the 2025 annual accounts

Turnover

≈ €93,000 estimated

The micro format states no turnover.

Investments

€23,546 2.7 × depreciation
202320242025

Green is investment, beige is depreciation.

Position in the sector

70.3%

Higher solvency than 83% of companies in personal services. Sector median 26.9% · 5,746 companies.

Checked score

94
Excellent
Financially stronger than 65% of micro companies in personal services (NACE 96)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 7,629 companies (NACE 96, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.5%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.2%▼ -0.3 percentage points vs 03-2025 05-2025: < 0.1%▼ -0.2 percentage points vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 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: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

95+15equity 70.3% of total assets
77-9short-term debt 24.4% · cash 28.7%
71-28return on assets 2.0%

Score breakdown

raises risk
Size: total assets €69,265
lowers risk
Liquidity: current ratio 1.86, cash €19,905, halved
Founded in 2008
Equity €48,707 (70.3% of total assets)
Calculation

The band follows from the bankruptcy probability. 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). It does better than 83% of them on solvency, 80% on liquidity, 51% on profitability and 46% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as WASH & DRY MATIC has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of WASH & DRY MATIC itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,904 companies, not a prediction for WASH & DRY MATIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €4,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.86 (2.19 in 2024), above the usual 1.5. Short-term debt is 24.4% and cash 28.7% of total assets. 29.7% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.86, cash €19,905, halved
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €48,707 (70.3% of total assets)
NBB · annual accounts
raises risk · Size: total assets €69,265
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
34 days early
2024
49 days early
2023
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 42 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was 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 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 19 March (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end07-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

EL
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0808683753
Amendment of the articles · Legal-form change Issue of 100 shares · Gazette deed
Change of role: Elie LIESSENS, from manager to director “Gérer et exploiter une entreprise de nettoyage,c'est-à-dire nettoyer des biens immobiliers et mobiliers,tant…” (deed in French) · Legal-form conversion: to private limited company · Registered office clause: Weverijstraat 4, 9500 Geraardsbergen · General meeting of 06-04-2023 · Gazette deed
New establishment in Geraardsbergen Weverijstraat 4
All 11 events

Comparable companies

same main activity, similar in size and age
Company
WASH & DRY MATIC Geraardsbergen €69,265 €15,630 70.3% -
WASHNORD Sambreville €71,005 €13,397 50.7% -
BABOLI Antwerp €76,973 €14,152 0.8% -
INTERLO INVEST Antwerp €73,716 €19,001 37.6% -
AVS-WASSHOP Vorselaar €56,698 €14,006 -34.7% -
LIGHTNING GENERAL ELECTRICITY Molenbeek-Saint-Jean €75,203 €10,632 71.4% -
OMBRE Brussels €63,485 €24,237 23.9% -

These companies have the same main activity as WASH & DRY MATIC: launderettes and laundries for private customers (NACE 96102). They are comparable in size and age: total assets between €56,700 and €77,000, founded between 2007 and 2009.

Official details

Source: KBO
Status
Active since 24-12-2008Normal situation
Activity
Launderettes and laundries for private customersNACE 96102and 2 others
Establishment units
2.175.369.7087800 Ath, since 24-12-2008
2.291.975.5849500 Geraardsbergen, since 01-07-2019
Financial year end
30 September
Peppol
Reachable since 18-11-2025
Company details

Annual accounts to 30-09-2025

€69,265▼ 20.2%
Filing
Filed on 27-03-2026, 34 days before the end of the filing period
Financials

Insights on WASH & DRY MATIC

WASH & DRY MATIC files the micro format. That format states no turnover. The gross margin fell from €31,020 in 2023 to €15,630 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about WASH & DRY MATIC

What is the company number of WASH & DRY MATIC?
The company number of WASH & DRY MATIC is 0808.683.753. The VAT number is the same number with BE in front: BE 0808.683.753.
Where is WASH & DRY MATIC based?
The registered office is at Weverijstraat 4, 9500 Geraardsbergen.Company details
What does WASH & DRY MATIC do?
According to the KBO register, the main activity is launderettes and laundries for private customers (NACE 96102).
What is the legal form of WASH & DRY MATIC?
WASH & DRY MATIC is a private limited company (BV).
When was WASH & DRY MATIC founded?
WASH & DRY MATIC was founded on 24-12-2008.
Is WASH & DRY MATIC still active?
Yes, WASH & DRY MATIC is an active enterprise in the KBO register.
What is the turnover of WASH & DRY MATIC?
The turnover in financial year 2025 is ≈ €93,000. This figure is estimated from the gross margin of €15,630 and 177 comparable companies (NACE 96). It probably lies between €50,000 and €190,000. It is a rough estimate.Financials
Is WASH & DRY MATIC profitable?
In financial year 2025, WASH & DRY MATIC made a profit of €1,392.
Where can I find the annual accounts of WASH & DRY MATIC?
WASH & DRY MATIC filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WASH & DRY MATIC due?
WASH & DRY MATIC must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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