AUTOWASH
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00506617.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 13 filings
Turnover
≈ €110,000
Estimated: probably between €61,000 and €320,000
Total assets
€24,149▲ 39.7%
2024 · €17,291
Net result
€4,422
2024 · -€2,366
Working capital
€12,799▲ 52.8%
2024 · €8,378
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€6,004
2025
20182025
Net result
€4,422
2025
middle half of the sector
20182025
Equity
€12,949
▲ 51.8%
2025
lowest quarter of the sector
20182025
Total assets
€24,149
▲ 39.7%
2025
lowest quarter of the sector
20182025
Debt
€11,199
▲ 27.8%
2025
20182025
Working capital
€12,799
▲ 52.8%
2025
middle half of the sector
20182025
Solvency
53.6%
▲ 4.3pp
2025
middle half of the sector
20182025
Current ratio
2.14
▲ 0.19
2025
middle half of the sector
20182025
Return on assets (ROA)
18.3%
▲ 32.0pp
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€3,359-€3,721▲ 10.8%-€2,212€4,257€2,368▼ 44.4%-€382-€2,368▼ 520%€6,004
Net result€3,115-€2,792▼ 10.4%-€2,274below the sector's middle half€2,774within the sector's middle half€2,360within the sector's middle half▼ 14.9%€204within the sector's middle half▼ 91.4%-€2,366within the sector's middle half€4,422within the sector's middle half
Equity€5,038-€7,829▲ 55.4%€5,555within the sector's middle half▼ 29.0%€8,329within the sector's middle half▲ 49.9%€10,689within the sector's middle half▲ 28.3%€10,893within the sector's middle half▲ 1.9%€8,528within the sector's middle half▼ 21.7%€12,949below the sector's middle half▲ 51.8%
Total assets€11,552-€14,316▲ 23.9%€11,680below the sector's middle half▼ 18.4%€15,714below the sector's middle half▲ 34.5%€19,641below the sector's middle half▲ 25.0%€19,612below the sector's middle half▼ 0.1%€17,291below the sector's middle half▼ 11.8%€24,149below the sector's middle half▲ 39.7%
Debt€6,514-€6,487▼ 0.4%€6,125▼ 5.6%€7,385▲ 20.6%€8,952▲ 21.2%€8,719▼ 2.6%€8,763▲ 0.5%€11,199▲ 27.8%
Working capital€5,038-€7,829▲ 55.4%€5,555within the sector's middle half▼ 29.0%€8,329within the sector's middle half▲ 49.9%€10,539within the sector's middle half▲ 26.5%€10,743within the sector's middle half▲ 1.9%€8,378within the sector's middle half▼ 22.0%€12,799within the sector's middle half▲ 52.8%
Solvency43.6%-54.7%▲ 11.1pp47.6%within the sector's middle half▼ 7.1pp53.0%within the sector's middle half▲ 5.4pp54.4%within the sector's middle half▲ 1.4pp55.5%within the sector's middle half▲ 1.1pp49.3%within the sector's middle half▼ 6.2pp53.6%within the sector's middle half▲ 4.3pp
Current ratio1.77-2.21▲ 0.431.91within the sector's middle half▼ 0.302.13within the sector's middle half▲ 0.222.18within the sector's middle half▲ 0.052.23within the sector's middle half▲ 0.051.96within the sector's middle half▼ 0.282.14within the sector's middle half▲ 0.19
Return on assets (ROA)27.0%-19.5%▼ 7.5pp-19.5%below the sector's middle half▼ 39.0pp17.7%above the sector's middle half▲ 37.1pp12.0%above the sector's middle half▼ 5.6pp1.0%within the sector's middle half▼ 11.0pp-13.7%below the sector's middle half▼ 14.7pp18.3%above the sector's middle half▲ 32.0pp
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €6,004, after a loss of €2,368 in 2024. It is the highest result since 2021.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24,149
Fixed assets
€150 =
Current assets
€23,999 ▲ 40.0%
Equity and liabilities €24,149
Equity
€12,949 ▲ 51.8%
Debt
€11,199 ▲ 27.8%
Debt's share of the balance-sheet total falls from 50.7% to 46.4%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.86▼
2024 · 1.03
ROE
34.1%▲
2024 · -27.7%
Debt ≤ 1 year
€11,199▲
2024 · €8,763
Income taxes
€1,890▲
2024 · €227
Supplier credit
15 days▲
2024 · 13 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Financial fixed assets | - | €150 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €67,626 | €78,705 | €83,626 | €91,009 | €87,641 | ▼ 3.7% |
| Other operating charges640/8 | - | - | - | €2,552 | €3,696 | €6,347 | €7,430 | €3,146 | ▼ 57.7% |
| Gross operating margin9900 | €4,141 | €7,981 | €3,478 | €6,809 | €6,064 | €5,965 | €5,062 | €9,149 | ▲ 80.8% |
| Operating profit (loss)9901 | €3,359 | €3,721 | -€2,212 | €4,257 | €2,368 | -€382 | -€2,368 | €6,004 | - |
| Financial income75/76B | - | - | - | €586 | €798 | €513 | €296 | €380 | ▲ 28.1% |
| Recurring financial income75 | €613 | €583 | - | €586 | €798 | €513 | €296 | €380 | ▲ 28.1% |
| Financial charges65/66B | - | - | - | €71 | €61 | €75 | €67 | €72 | ▲ 8.0% |
| Recurring financial charges65 | €58 | €54 | €62 | €71 | €61 | €75 | €67 | €72 | ▲ 8.0% |
| Profit (loss) for the period before taxes9903 | €3,914 | €4,250 | -€2,274 | €4,771 | €3,105 | €56 | -€2,138 | €6,311 | - |
| Income taxes67/77 | €798 | €1,459 | - | €1,997 | €745 | -€148 | €227 | €1,890 | ▲ 732% |
| Profit (loss) for the period9904 | €3,115 | €2,792 | -€2,274 | €2,774 | €2,360 | €204 | -€2,366 | €4,422 | - |
| Profit (loss) for the period to be appropriated9905 | €3,115 | €2,792 | -€2,274 | €2,774 | €2,360 | €204 | -€2,366 | €4,422 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €11,552 | €14,316 | €11,680 | €15,714 | €19,641 | €19,612 | €17,291 | €24,149 | ▲ 39.7% |
| Fixed assets21/28 | - | - | - | - | €150 | €150 | €150 | €150 | = |
| Financial fixed assets28 | - | - | - | - | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €11,552 | €14,316 | €11,680 | €15,714 | €19,491 | €19,462 | €17,141 | €23,999 | ▲ 40.0% |
| Amounts receivable within one year40/41 | €7,316 | €9,720 | €7,572 | €10,514 | €17,861 | €16,088 | €8,106 | €16,307 | ▲ 101% |
| Trade receivables40 | - | - | - | €1,204 | €3,356 | €8,707 | €3,292 | €6,383 | ▲ 93.9% |
| Other amounts receivable41 | - | - | - | €9,310 | €14,505 | €7,382 | €4,813 | €9,924 | ▲ 106% |
| Cash at bank and in hand54/58 | €4,236 | €4,424 | €3,887 | €5,020 | €1,630 | €3,141 | €9,035 | €7,691 | ▼ 14.9% |
| Deferred charges and accrued income490/1 | - | - | - | €180 | - | €232 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €11,552 | €14,316 | €11,680 | €15,714 | €19,641 | €19,612 | €17,291 | €24,149 | ▲ 39.7% |
| Equity10/15 | €5,038 | €7,829 | €5,555 | €8,329 | €10,689 | €10,893 | €8,528 | €12,949 | ▲ 51.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | €195 | €195 | €334 | €452 | €452 | €452 | €1,860 | ▲ 312% |
| Non-distributable reserves130/1 | - | - | - | €334 | €452 | €452 | €452 | €1,860 | ▲ 312% |
| Legal reserve130 | - | - | - | €334 | €452 | €452 | €452 | €1,860 | ▲ 312% |
| Profit (loss) carried forward14 | -€13,562 | -€10,966 | -€13,240 | -€10,605 | -€8,363 | -€8,159 | -€10,524 | -€7,511 | ▲ 28.6% |
| Amounts payable17/49 | €6,514 | €6,487 | €6,125 | €7,385 | €8,952 | €8,719 | €8,763 | €11,199 | ▲ 27.8% |
| Amounts payable within one year42/48 | €6,514 | €6,487 | €6,125 | €7,385 | €8,952 | €8,719 | €8,763 | €11,199 | ▲ 27.8% |
| Trade debts44 | €2,478 | €525 | €3,042 | €1,375 | €2,680 | €49 | €3,243 | €3,697 | ▲ 14.0% |
| Suppliers440/4 | - | - | - | €1,375 | €2,680 | €49 | €3,243 | €3,697 | ▲ 14.0% |
| Taxes, remuneration and social security45 | - | - | - | €6,010 | €6,272 | €8,670 | €5,520 | €7,503 | ▲ 35.9% |
| Taxes450/3 | - | - | - | €5,074 | €5,336 | €7,734 | €5,520 | €7,503 | ▲ 35.9% |
| Remuneration and social security454/9 | - | - | - | €936 | €936 | €936 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,115 | €2,792 | -€2,274 | €2,774 | €2,360 | €204 | -€2,366 | €4,422 | - |
| Operating cash flow (approximation) | €3,115 | €2,792 | -€2,274 | €2,774 | €2,360 | €204 | -€2,366 | €4,422 | - |
| Investment in fixed assets (approximation) | - | - | - | - | - | €0 | €0 | €0 | - |
| Change in cash | - | €188 | -€537 | €1,133 | -€3,390 | €1,511 | €5,894 | -€1,344 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as AUTOWASH has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of AUTOWASH itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for AUTOWASH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00506617 | |
| 31-12-2024 | micro format | 16-07-2025 | 2025-00276809 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00439964 | |
| 31-12-2022 | micro format | 14-08-2023 | 2023-00333414 | |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20217061 | |
| 31-12-2020 | micro format | 25-08-2021 | 2021-61500274 | |
| 31-12-2019 | micro format | 21-08-2020 | 2020-44500040 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-55000029 | |
| 31-12-2015 | full format | 23-08-2016 | 2016-45800101 | |
| 31-12-2014 | full format | 19-08-2015 | 2015-44900179 |