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WAX-IT

Active
Private limited companyfounded 2009active for 16 yearsWesterring 27i, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0821.256.735
Summary

WAX-IT has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131,957 and a net result of €77,234. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 18% of 1,308 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 09-12-2009 Normal situation
Activity
Washing and cleaning of motor vehicles NACE 95316and 1 other
Joint committees
116 Paritair Comité voor de scheikundige nijverheid
207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 2025
Establishment unit
2.183.790.494 9700 Oudenaarde, since 09-12-2009
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • GROUP HDirector · since 10-08-2019 · permanent representative HIMPE Bert
Shareholders
  • GROUP H2025 annual accounts of GROUP H

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€500,692
▲ 5.8%
Turnover
≈ €1.9m
estimated
Profit
€77,234
▲ 7.1%
Equity
€131,957
▲ 141%
Total assets
€1.1m
▼ 31.7%
Employees on 31-12-2025
5
=
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskEquity €131,957 (11.8% of total assets)Last filed accounts filed 31 days late; 1 of the last 3 accounts lateSector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskFounded in 2009Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 39% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Weak
Solvency 37+9
equity 11.8% of total assets
Liquidity 14+9
short-term debt 84.6% · cash 8.3%
Profitability 49-2
return on assets 6.9%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,129 companies, NACE 95, micro)
Last 24 months 12-2024: 1.4% 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.3%▼ -0.1 percentage points vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%▼ -0.3 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.3%▲ +0.1 percentage points vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.2%▼ -0.1 percentage points vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.4%▲ +0.2 percentage points vs 06-2026 08-2026: 2.2%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 0.9%▼ -1.3 percentage points vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026lowest value 11-2026: 0.9%● unchanged vs 10-2026lowest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.97 (0.95 in 2024), below 1. Short-term debt is 84.6% and cash 8.3% of total assets. 88.2% of the assets are financed with debt and provisions.
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 95, micro). It does better than 24% of them on solvency, 10% on liquidity, 27% on profitability and 94% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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

Signals

Six signals.
lowers riskraises risk
raises risk · Equity €131,957 (11.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1308 sector peers (2025).
NBB · sector comparison
Position among 1308 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
17 days early
2023
30 days late
2022
73 days late
2021
29 days late
2020
31 days late
2019
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 35 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €54,723 to €131,957 ▲ 141% View
  • Caution: Lower solvency than 81% of companies in repair of computers and personal goodssector median 43.4% · 1,308 companies 11.8% View

Recent changes

  1. · Gazette deed Change of role: "GROUP H" BV, from manager to directorPermanent representative: HIMPE Bert
  2. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as WAX-IT: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €983,000 and €2.5m, founded between 1997 and 2014.

CompanyTotal assetsGross margin
WAX-IT Oudenaarde€1.1m€0.5m
CARWELLNESS Kontich€1.7m€0.7m
FLASH Management Liège€1.2m€0.8m
SiVaCare Roeselare€2.0m€0.6m
Car Wash De Ring Mol€1.0m€0.4m
SOFT and SHINE Schilde€1.2m€0.6m
JES Carwash Essen€2.5m€0.7m
Full comparison

Key facts about WAX-IT

What is the company number of WAX-IT?
The company number of WAX-IT is 0821.256.735. The VAT number is the same number with BE in front: BE 0821.256.735.
Where is WAX-IT based?
The registered office is at Westerring 27i, 9700 Oudenaarde.Company details
What does WAX-IT do?
According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
What is the legal form of WAX-IT?
The legal form of WAX-IT is Private limited company (BV).
When was WAX-IT founded?
WAX-IT was founded on 09-12-2009.
Is WAX-IT still active?
Yes, WAX-IT is an active enterprise in the KBO register.
How many employees does WAX-IT have?
WAX-IT had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does WAX-IT fall under?
In its 2025 annual accounts, WAX-IT states joint committees 116 (Paritair Comité voor de scheikundige nijverheid) and 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid).
What is the turnover of WAX-IT?
The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €500,692 and 35 comparable companies (NACE 953). It probably lies between €1.4m and €2.5m.
Is WAX-IT profitable?
In financial year 2025, WAX-IT made a profit of €77,234.
Where can I find the annual accounts of WAX-IT?
WAX-IT filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WAX-IT due?
WAX-IT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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