WASH EXPRESS
The computed 12-month bankruptcy probability of WASH EXPRESS is 1.9% (moderate). The 2024 annual accounts show equity of €38k and a net result of €-5k. Equity is shrinking by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 29% of 1985 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €38k |
| Net result | €-5k |
| Better than sector | 29% |
| Active | 21 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.5% | 36.6% | |
| Net result | €-5k | €10k | |
| Equity | €38k | €29k | |
| Gross operating margin | €68k | €39k | |
| Staff costs | €43k | €35k |
Show 12 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €20k |
| Net profit | €-5k |
| Cash flow | €17k |
| Staff costs | €43k |
| Income taxes | €820 |
| Dividends | - |
| Total assets | €205k |
| Equity | €38k |
| Debt | €167k |
| of which ≤ 1y | €167k |
| of which > 1y | - |
| Working capital | €27k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.16 |
| Quick ratio | 1.16 |
| Working capital ratio | 13.2% |
| Solvency | 18.5% |
| Debt / equity | 4.40 |
| Long-term debt ratio | - |
| Interest coverage | 9.63 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.4% |
| ROE | -12.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €205k |
| Fixed assets | 21/28 | €11k |
| Tangible fixed assets | 22/27 | €10k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €194k |
| Amounts receivable within one year | 40/41 | €157k |
| Cash & bank | 54/58 | €37k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €205k |
| Equity | 10/15 | €38k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €30k |
| Amounts payable | 17/49 | €167k |
| Amounts payable within one year | 42/48 | €167k |
| Trade debts payable within one year | 44 | €138k |
| Income statement | ||
| Gross operating margin | 9900 | €68k |
| Operating result | 9901 | €-2k |
| Financial income | 75 | €48 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-4k |
| Income taxes | 67/77 | €820 |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
| NACE primary | Overige reiniging van gebouwen; industriële reiniging(81220) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 27-10-2004 |
| Status | Active |
| Postal code | 1070 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0031/00V004 | Brussels | 418 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
31-05-2022 All shares are now held by a single shareholder
Technical details
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}24-01-2022 Transaction in capital or shares
Technical details
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}| Legal nameFR | WASH EXPRESS |