FLEET-WASH: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FLEET-WASH
Largest movements
- Cash -€27,571
down €27,571 (-87.9%), from €31,354 to €3,783
mainly Accrued charges and deferred income (-€32,807) and Trade debts (-€11,205)
- Receivables within one year +€9,101
up €9,101 (+25.8%), from €35,251 to €44,352
of which Trade receivables: +€15,079
- Deferred charges and accrued income -€4,966
down €4,966 (-76.2%), from €6,521 to €1,554
- Tangible fixed assets -€1,479
down €1,479 (-33.4%), from €4,426 to €2,947
of which Furniture and vehicles: -€1,228
- Accrued charges and deferred income -€32,807
down €32,807 (-94.7%), from €34,650 to €1,843
- Reserves +€25,000
new in 2025: €25,000
- Trade debts -€11,205
down €11,205 (-68.1%), from €16,462 to €5,258
- Debts after one year -€5,175
down €5,175 (-85.4%), from €6,059 to €884
- Tax, wage and social debts -€1,531
down €1,531 (-11.2%), from €13,630 to €12,099
of which Remuneration and social security: -€6,103
- Gross operating margin -€37,680
down €37,680 (-37.7%), from €99,816 to €62,136
- Staff costs -€25,192
down €25,192 (-54.3%), from €46,411 to €21,219
- Taxes -€2,915
down €2,915 (-19.4%), from €15,015 to €12,099
- Other operating charges +€2,050
up €2,050 (+1025.2%), from €200 to €2,250
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,552 | €52,636 | -€24,916 | -32.1% |
| Fixed assets | 21/28 | €4,426 | €2,947 | -€1,479 | -33.4% |
| Tangible fixed assets | 22/27 | €4,426 | €2,947 | -€1,479 | -33.4% |
| Furniture and vehicles | 24 | €3,601 | €2,373 | -€1,228 | -34.1% |
| Other tangible fixed assets | 26 | €825 | €574 | -€250 | -30.4% |
| Current assets | 29/58 | €73,126 | €49,689 | -€23,437 | -32.0% |
| Amounts receivable within one year | 40/41 | €35,251 | €44,352 | +€9,101 | +25.8% |
| Trade receivables | 40 | €13,794 | €28,873 | +€15,079 | +109.3% |
| Other amounts receivable | 41 | €21,456 | €15,478 | -€5,978 | -27.9% |
| Cash at bank and in hand | 54/58 | €31,354 | €3,783 | -€27,571 | -87.9% |
| Deferred charges and accrued income | 490/1 | €6,521 | €1,554 | -€4,966 | -76.2% |
| Total equity and liabilities | 10/49 | €77,552 | €52,636 | -€24,916 | -32.1% |
| Equity | 10/15 | €1,788 | €26,950 | +€25,163 | +1407.7% |
| Reserves | 13 | - | €25,000 | +€25,000 | |
| Distributable reserves | 133 | - | €25,000 | +€25,000 | |
| Profit (loss) carried forward | 14 | €1,788 | €1,950 | +€163 | +9.1% |
| Amounts payable | 17/49 | €75,764 | €25,686 | -€50,078 | -66.1% |
| Amounts payable after more than one year | 17 | €6,059 | €884 | -€5,175 | -85.4% |
| Financial debts | 170/4 | €6,059 | €884 | -€5,175 | -85.4% |
| Amounts payable within one year | 42/48 | €35,055 | €22,959 | -€12,096 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €4,962 | €5,175 | +€213 | +4.3% |
| Financial debts | 43 | - | €427 | +€427 | |
| Credit institutions | 430/8 | - | €427 | +€427 | |
| Trade debts | 44 | €16,462 | €5,258 | -€11,205 | -68.1% |
| Suppliers | 440/4 | €16,462 | €5,258 | -€11,205 | -68.1% |
| Taxes, remuneration and social security | 45 | €13,630 | €12,099 | -€1,531 | -11.2% |
| Taxes | 450/3 | €7,528 | €12,099 | +€4,572 | +60.7% |
| Remuneration and social security | 454/9 | €6,103 | - | -€6,103 | |
| Accrued charges and deferred income | 492/3 | €34,650 | €1,843 | -€32,807 | -94.7% |
| Remuneration, social security and pensions | 62 | €46,411 | €21,219 | -€25,192 | -54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,026 | €1,479 | -€548 | -27.0% |
| Other operating charges | 640/8 | €200 | €2,250 | +€2,050 | +1025.2% |
| Gross operating margin | 9900 | €99,816 | €62,136 | -€37,680 | -37.7% |
| Operating profit (loss) | 9901 | €51,178 | €37,188 | -€13,991 | -27.3% |
| Financial income | 75/76B | €797 | €777 | -€20 | -2.6% |
| Recurring financial income | 75 | €797 | €777 | -€20 | -2.6% |
| Financial charges | 65/66B | €1,216 | €702 | -€514 | -42.3% |
| Recurring financial charges | 65 | €1,216 | €702 | -€514 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | €50,759 | €37,262 | -€13,497 | -26.6% |
| Income taxes | 67/77 | €15,015 | €12,099 | -€2,915 | -19.4% |
| Profit (loss) for the period | 9904 | €35,745 | €25,163 | -€10,582 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,745 | €25,163 | -€10,582 | -29.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.