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203

Active
Private limited companyfounded 201016 yrs activeSteenweg op Waver 950, 1040 Etterbeek, BelgiumKBO/BCE: BE 0822.725.789
Summary

203 has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€70,193) and a net result of -€5,488. Equity is shrinking by ~26% per year across the filed fiscal years. Its solvency ranks better than 5% of 358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Launderettes and laundries for private customers
NACE 96102NACE 96012
1 site
Size
€1,503total assets 2025
Equity
-€70,193
Loss
-€5,488
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
0.7%
Structure
Accounts filed 17 d late0 of 2 deeds read
Why 53Capped at 59: negative equity- Negative equity -€70,193- Loss of €5,488, the second in a row (FY 2025)+ Size: total assets €1,503+ Founded in 2010Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 21% of its sector peers (NACE 96, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -4671.7% of total assets
Liquidity 43+29
short-term debt 4771.7% · cash 34.4%
Profitability 0=
return on assets -365.3%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,533 companies)
Last 24 months 11-2024: 0.6%lowest value 12-2024: 0.6%● 0.0% vs 11-2024lowest value 01-2025: 0.6%▲ +2.4% vs 12-2024 02-2025: 0.6%▲ +1.1% vs 01-2025 03-2025: 0.6%● 0.0% vs 02-2025 04-2025: 0.7%▲ +4.1% vs 03-2025 05-2025: 0.7%▼ -0.3% vs 04-2025 06-2025: 0.6%▼ -6.0% vs 05-2025 07-2025: 0.7%▲ +9.2% vs 06-2025 08-2025: 0.9%▲ +36.1% vs 07-2025 09-2025: 0.9%▼ -2.6% vs 08-2025 10-2025: 0.9%● 0.0% vs 09-2025 11-2025: 0.9%● 0.0% vs 10-2025 12-2025: 0.9%● 0.0% vs 11-2025 01-2026: 0.9%▼ -1.0% vs 12-2025 02-2026: 0.9%● 0.0% vs 01-2026 03-2026: 0.9%● 0.0% vs 02-2026 04-2026: 0.9%● 0.0% vs 03-2026 05-2026: 0.9%▼ -3.7% vs 04-2026 06-2026: 0.9%▼ -0.1% vs 05-2026 07-2026: 1.0%▲ +12.4% vs 06-2026 08-2026: 1.5%▲ +57.3% vs 07-2026highest value 09-2026: 0.7%▼ -55.4% vs 08-2026 10-2026: 0.7%▲ +1.2% vs 09-2026
  • Size: total assets €1,503 lowers the probability for this profile
  • Negative equity -€70,193 raises the probability
  • Loss of €5,488, the second in a row (FY 2025) raises the probability
  • Founded in 2010 lowers the probability for this profile
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 96, micro). Better than this share of them on solvency 11%, liquidity 34%, profitability 8%, growth against the median 30%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1,503
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€70,193
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €5,488, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2010
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€70,193
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
17 d late
2024
4 d late
2023
26 d early
2022
13 d early
2021
12 d early
2020
2 d late
2019
52 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 19 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Weakest financial yearnet -€16,405

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€70,193 View
  • Risk: 8 loss-making years in a rowloss fiscal year 2025 -€5,488 View
  • Caution: Among the weakest 5% on solvencysector median 40.7% · 358 companies -4671.7% View

By topic

Financials

Fiscal year
2025
Total assets
€1,503
Loss
-€5,488
Solvency
-4671.7%
Turnover▲ 10.4%
Net result
20212023
Go to Financials

Timeline

Events
11
Since
2017
Next accounts
by 31-07-2027
  1. 17-08-2026Annual accounts filed
  2. 04-08-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Launderettes and laundries for private customersNACE 96102
Founded
29-01-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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