wheels2rent
ActiveThe computed 12-month bankruptcy probability of wheels2rent is 1.8% (moderate). The 2025 annual accounts show equity of €10k and a net result of €6k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 1502 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-2
Solvency46▼-54
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.83 against 5.93 in 2024; short-term debt: 79.3% and cash: 57.4% of total assets), and 79.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
56 d early
2024
45 d early
2023
40 d early
2022
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 74.9%
2024 · €40k
2022: €21k
2023: €34k
2024: €40k
2022 → 2025
Total assets
€49k▲ 16.1%
2024 · €42k
2022: €65k
2023: €52k
2024: €42k
2022 → 2025
Net result
€6k▲ 1.1%
2024 · €6k
2022: €15k
2023: €13k
2024: €6k
2022 → 2025
Working capital
€-7k
2024 · €9k
2022: €-27k
2023: €4k
2024: €9k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€21k-€34k▲ 61.6%€40k▲ 17.1%€10k▼ 74.9%
Operating result€20k-€17k▼ 16.4%€7k▼ 55.6%€7k▼ 0.4%
Net result€15k-€13k▼ 14.1%€6k▼ 55.2%€6k▲ 1.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 0% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets
€17k▼ 46.8%
Current assets
€32k▲ 206%
Equity and liabilities €49k
Equity
€10k▼ 74.9%
Debt
€39k▲ 2,093%
The debt ratio rises from 4.2% to 79.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12k▼
2024 · €14k
Cash flow
€11k▼
2024 · €13k
Solvency
20.7%▼
2024 · 95.8%
Current ratio
0.83▼
2024 · 5.93
Quick ratio
0.83▼
2024 · 5.93
Debt / equity
3.83▲
2024 · 0.04
ROE
58.8%▲
2024 · 14.6%
ROA
12.2%▼
2024 · 14.0%
Interest coverage
162.98▲
2024 · 80.87
Debt
€39k▲
2024 · €2k
Debt ≤ 1 year
€39k▲
2024 · €2k
Income taxes
€1k▲
2024 · €1k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€42k€49k▲
Fixed assets21/28€31k€17k▼
Tangible fixed assets22/27€31k€17k▼
Furniture and vehicles24€31k€17k▼
Current assets29/58€10k€32k▲
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40-€2k
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€8k€28k▲
Deferred charges and accrued income490/1€1k€659▼
Equity and liabilities
Total equity and liabilities10/49€42k€49k▲
Equity10/15€40k€10k▼
Contributions10/11€6k€6k=
Reserves13€34k€4k▼
Distributable reserves133€34k€4k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€2k€39k▲
Amounts payable within one year42/48€2k€39k▲
Trade debts44€677€560▼
Suppliers440/4€677€560▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€46€36k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€16k€14k▼
Operating profit (loss)9901€7k€7k▼
Financial charges65/66B€179€75▼
Recurring financial charges65€179€75▼
Profit (loss) for the period before taxes9903€7k€7k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€6k€6k▲
Profit (loss) for the period to be appropriated9905€6k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€6k▲
Transfer from equity791/2-€30k
Transfer to equity691/2€6k€0▼
To other reserves6921€6k€0▼
Profit to be distributed694/7-€36k
Return on contributions (dividend)694-€36k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €6k ▼55.2%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 5.93
Current ratio from 1.25 to 5.93; short-term debt falls from €18k to €2k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 1.25
Current ratio from 0.39 to 1.25; short-term debt falls from €44k to €18k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2021
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.
Ilgatlaan 93500 HasseltGround area
1,389 m²
Building footprint
471 m²
Volume, LiDAR
7,569 m³
Parcel 71328D0376/00F000, Flanders · tallest building 18.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
wheels2rent
since 20212.315.953.291
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0376/00F000 | Flanders | 1,389 m² | 1 · 471 m² | 18.2 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Astro Rent Car
BE 0791.711.426
Zaventem · Eq €10k
Rent N Run
BE 0778.257.823
Antwerpen · Eq €10k
NEVEXA
BE 0480.275.110
Vosselaar · Eq €10k
M&K LOCATION
BE 0781.361.724
Beersel · Eq €10k
MABD
BE 0827.429.596
Kruisem · Eq €10k
Of 1,442 companies in sector 77110 we hold annual accounts for 726. 315 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-04-2021
Fiscal year end31-12
Activities, NACEBEL
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.