WINDOW TINTING SHOP
ActiveWINDOW TINTING SHOP has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €26k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 953 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-8
Solvency70▼-8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 2.35 in 2024; short-term debt: 28.6% and cash: 9.2% of total assets), but 54.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.1%
Return on assets
9%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← 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 03-04-2026, 119 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
119 d early
2024
142 d early
2023
154 d early
2022
132 d early
2021
11 d early
2020
4 d early
2019
31 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€130k▼ 2.5%
2024 · €134k
2018: €170k
2019: €197k
2020: €160k
2021: €151k
2022: €162k
2023: €139k
2024: €134k
2018 → 2025
Total assets
€289k▲ 14.5%
2024 · €252k
2018: €207k
2019: €296k
2020: €348k
2021: €324k
2022: €303k
2023: €249k
2024: €252k
2018 → 2025
Net result
€26k▼ 34.4%
2024 · €40k
2018: €24k
2019: €27k
2020: €-37k
2021: €-9k
2022: €11k
2023: €-23k
2024: €40k
2018 → 2025
Working capital
€53k▼ 30.1%
2024 · €75k
2018: €41k
2019: €70k
2020: €7k
2021: €21k
2022: €68k
2023: €75k
2024: €75k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€151k-€162k▲ 7.1%€139k▼ 14.1%€134k▼ 4.2%€130k▼ 2.5%
Operating result€-597-€15k€-21k€50k€43k▼ 13.7%
Net result€-9k-€11k€-23k€40k€26k▼ 34.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289k
Fixed assets
€154k▲ 26.9%
Current assets
€135k▲ 3.0%
Equity and liabilities €289k
Equity
€130k▼ 2.5%
Debt
€159k▲ 33.5%
The debt ratio rises from 47.1% to 54.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€84k▼
2024 · €97k
Cash flow
€67k▼
2024 · €87k
Solvency
45.1%▼
2024 · 52.9%
Current ratio
1.64▼
2024 · 2.35
Quick ratio
1.64▼
2024 · 2.35
Debt / equity
1.22▲
2024 · 0.89
ROE
19.9%▼
2024 · 29.6%
ROA
9.0%▼
2024 · 15.7%
Interest coverage
30.44▼
2024 · 43.96
Debt
€159k▲
2024 · €119k
Debt ≤ 1 year
€83k▲
2024 · €56k
Debt > 1 year
€76k▲
2024 · €63k
Income taxes
€15k▲
2024 · €8k
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€252k€289k▲
Fixed assets21/28€121k€154k▲
Intangible fixed assets21€141€41▼
Tangible fixed assets22/27€121k€154k▲
Land and buildings22€109k€78k▼
Plant, machinery and equipment23€9k€9k▼
Furniture and vehicles24€2k€66k▲
Current assets29/58€131k€135k▲
Amounts receivable within one year40/41€103k€104k▲
Trade receivables40€103k€101k▼
Other amounts receivable41€264€3k▲
Cash at bank and in hand54/58€24k€27k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€252k€289k▲
Equity10/15€134k€130k▼
Contributions10/11€19k€19k=
Reserves13€103k€100k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€101k€98k▼
Profit (loss) carried forward14€12k€12k=
Amounts payable17/49€119k€159k▲
Amounts payable after more than one year17€63k€76k▲
Financial debts170/4€63k€76k▲
Amounts payable within one year42/48€56k€83k▲
Current portion of amounts payable after more than one year42€15k€24k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€18k€17k▼
Taxes450/3€18k€17k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€17k€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€42k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€100k€87k▼
Operating profit (loss)9901€50k€43k▼
Financial income75/76B€224€460▲
Recurring financial income75€224€460▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€48k€41k▼
Income taxes67/77€8k€15k▲
Profit (loss) for the period9904€40k€26k▼
Profit (loss) for the period to be appropriated9905€40k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€37k▼
Profit (loss) brought forward from the previous period14P€12k€12k=
Transfer from equity791/2€45k€29k▼
Transfer to equity691/2€40k€26k▼
To other reserves6921€40k€26k▼
Profit to be distributed694/7€45k€29k▼
Return on contributions (dividend)694€45k€29k▼
The notes to these accounts (12 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
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-37k ▼237%
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Spiere-Helkijn · 1 establishment unit since 2006
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.
Avelgemstraat 48587 Spiere-HelkijnGround area
226 m²
Building footprint
114 m²
Volume, LiDAR
564 m³
Parcel 34015B0366/00K000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Window Tinting Shop
since 20062.150.995.487
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34015B0366/00K000 | Flanders | 226 m² | 1 · 114 m² | 6.9 m · 2 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
ADN CONCEPT
BE 0809.734.719
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COORDINATED all about interiors
BE 0647.579.918
Deinze · Eq €130k
PRINTYPE NETWORK
BE 0867.646.390
Ukkel · Eq €130k
CLUSTER
BE 0454.276.536
Knokke-Heist · Eq €130k
CANJOTTO COMMUNICATION
BE 0841.318.117
Gent · Eq €130k
Of 2,855 companies in sector 18130 we hold annual accounts for 831. 676 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2005
Fiscal year end31-12
Abbreviation NL
WTS
Activities, NACEBEL
18130Pre-press and pre-media services
22250
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.