CLS WASH
ActiveSummary
The computed 12-month bankruptcy probability of CLS WASH is 2.2% (moderate). The 2024 annual accounts show negative equity (€-16k) and a net result of €-2k. Equity is shrinking by ~69.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 6162 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
19
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.15 in 2023; short-term debt: 292.1% and cash: 0.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-192.1%
Return on assets
-18.3%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
1921222324
2019 to 2024 · latest year €-16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
27 d late
2022
30 d late
2021
61 d late
2019
114 d late
2017
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-16k▼ 10.5%
2023 · €-15k
2019: €3k
2021: €-6k
2022: €581
2023: €-15k
2019 → 2024
Total assets
€8k▼ 39.7%
2023 · €14k
2019: €14k
2021: €16k
2022: €15k
2023: €14k
2019 → 2024
Net result
€-2k▲ 89.9%
2023 · €-15k
2019: €3k
2021: €-9k
2022: €-6k
2023: €-15k
2019 → 2024
Working capital
€-21k▲ 13.9%
2023 · €-25k
2019: €-9k
2021: €-19k
2022: €-11k
2023: €-25k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€3k-€-6k€581€-15k€-16k▼ 10.5%
Operating result€3k-€-9k€-5k▲ 38.9%€-15k▼ 176%€-1k▲ 92.2%
Net result€3k-€-9k€-6k▲ 37.1%€-15k▼ 166%€-2k▲ 89.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2024 against €15k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8k
Fixed assets
€5k ▼ 50.5%
Current assets
€4k ▼ 14.4%
Key figures and ratios
EBITDA
€-296▲
2023 · €-13k
Cash flow
€-672▲
2023 · €-13k
Solvency
-192.1%▼
2023 · -104.8%
Current ratio
0.15▼
2023 · 0.15
Debt to equity
-1.52▲
2023 · -1.95
ROA
-18.3%▲
2023 · -109.0%
Interest coverage
-0.79▲
2023 · -33.93
Debt
€25k▼
2023 · €29k
Debt ≤ 1 year
€25k▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€14k€8k▼
Formation expenses20€0€0=
Fixed assets21/28€10k€5k▼
Intangible fixed assets21€4k-
Tangible fixed assets22/27€6k€5k▼
Plant, machinery and equipment23€6k€5k▼
Current assets29/58€4k€4k▼
Stocks and contracts in progress3€314-
Stocks30/36€314-
Amounts receivable within one year40/41€3k€4k▲
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€77€11▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€14k€8k▼
Equity10/15€-15k€-16k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-33k€-35k▼
Amounts payable17/49€29k€25k▼
Amounts payable within one year42/48€29k€25k▼
Trade debts44€15k€10k▼
Suppliers440/4€15k€10k▼
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€6k€4k▼
Other amounts payable47/48€8k€11k▲
Income statement
Code20232024
Non-recurring operating income76A-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€875▼
Gross operating margin9900€-13k€-296▲
Operating profit (loss)9901€-15k€-1k▲
Financial charges65/66B€385€376▼
Recurring financial charges65€385€376▼
Profit (loss) for the period before taxes9903€-15k€-2k▲
Profit (loss) for the period9904€-15k€-2k▲
Profit (loss) for the period to be appropriated9905€-15k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-35k▼
Profit (loss) brought forward from the previous period14P€-18k€-33k▼
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2020
22-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 114 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
30-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Sint-Jans-Molenbeek
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.
Scheldestraat 1051080 Sint-Jans-MolenbeekGround area
141 m²
Building footprint
85 m²
Volume, LiDAR
1,301 m³
Parcel 21012F0358/00G000, Brussels · tallest building 23.6 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012F0358/00G000 | Brussels | 141 m² | 1 · 85 m² | 23.6 m · 5 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.
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Of 1,000 companies in sector 96102 we hold annual accounts for 459. 55 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
96102Launderettes and laundries for private customers
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.