LAUNDRY QUALITY: what changed
LAUNDRY QUALITY
Largest movements
- Cash +€25,640
up €25,640 (+1,530%), from €1,675 to €27,315
mainly Tax, wage and social debts (+€131,745) and Depreciation (+€46,137)
- Receivables within one year +€25,432
up €25,432 (+72.9%), from €34,868 to €60,299
of which Trade receivables: +€22,399
- Tangible fixed assets -€13,613
down €13,613 (-10.6%), from €128,746 to €115,133
of which Furniture and vehicles: -€22,087
- Intangible fixed assets -€11,880
down €11,880 (-10.8%), from €109,874 to €97,994
- Tax, wage and social debts +€131,745
up €131,745 (+148%), from €88,786 to €220,530
of which Remuneration and social security: +€84,752
- Debts after one year -€66,885
down €66,885 (-48.8%), from €136,986 to €70,101
- Profit (loss) carried forward -€43,517
down €43,517 (-95.3%), from -€45,644 to -€89,161
- Trade debts +€9,299
up €9,299 (+69.2%), from €13,431 to €22,730
- Short-term financial debts -€4,660
no longer reported in 2025 (was €4,660)
- Staff costs +€157,718
up €157,718 (+100%), from €157,571 to €315,290
- Gross operating margin +€142,908
up €142,908 (+73.0%), from €195,884 to €338,792
- Depreciation +€20,267
up €20,267 (+78.3%), from €25,870 to €46,137
- Financial charges +€12,991
up €12,991 (+518%), from €2,509 to €15,501
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,163 | €300,741 | +€25,578 | +9.3% |
| Fixed assets | 21/28 | €238,620 | €213,126 | -€25,493 | -10.7% |
| Intangible fixed assets | 21 | €109,874 | €97,994 | -€11,880 | -10.8% |
| Tangible fixed assets | 22/27 | €128,746 | €115,133 | -€13,613 | -10.6% |
| Plant, machinery and equipment | 23 | €29,323 | €37,797 | +€8,474 | +28.9% |
| Furniture and vehicles | 24 | €99,423 | €77,336 | -€22,087 | -22.2% |
| Current assets | 29/58 | €36,543 | €87,615 | +€51,071 | +140% |
| Amounts receivable within one year | 40/41 | €34,868 | €60,299 | +€25,432 | +72.9% |
| Trade receivables | 40 | €34,868 | €57,267 | +€22,399 | +64.2% |
| Other amounts receivable | 41 | - | €3,032 | +€3,032 | |
| Cash at bank and in hand | 54/58 | €1,675 | €27,315 | +€25,640 | +1,530% |
| Total equity and liabilities | 10/49 | €275,163 | €300,741 | +€25,578 | +9.3% |
| Equity | 10/15 | -€40,644 | -€84,161 | -€43,517 | -107% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,644 | -€89,161 | -€43,517 | -95.3% |
| Amounts payable | 17/49 | €315,807 | €384,902 | +€69,095 | +21.9% |
| Amounts payable after more than one year | 17 | €136,986 | €70,101 | -€66,885 | -48.8% |
| Financial debts | 170/4 | €136,986 | €70,101 | -€66,885 | -48.8% |
| Amounts payable within one year | 42/48 | €178,821 | €314,801 | +€135,980 | +76.0% |
| Current portion of amounts payable after more than one year | 42 | €71,022 | €66,470 | -€4,552 | -6.4% |
| Financial debts | 43 | €4,660 | - | -€4,660 | |
| Credit institutions | 430/8 | €4,660 | - | -€4,660 | |
| Trade debts | 44 | €13,431 | €22,730 | +€9,299 | +69.2% |
| Suppliers | 440/4 | €13,431 | €22,730 | +€9,299 | +69.2% |
| Taxes, remuneration and social security | 45 | €88,786 | €220,530 | +€131,745 | +148% |
| Taxes | 450/3 | €37,689 | €84,682 | +€46,993 | +125% |
| Remuneration and social security | 454/9 | €51,097 | €135,849 | +€84,752 | +166% |
| Other amounts payable | 47/48 | €923 | €5,071 | +€4,148 | +449% |
| Remuneration, social security and pensions | 62 | €157,571 | €315,290 | +€157,718 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,870 | €46,137 | +€20,267 | +78.3% |
| Other operating charges | 640/8 | €892 | €2,113 | +€1,221 | +137% |
| Gross operating margin | 9900 | €195,884 | €338,792 | +€142,908 | +73.0% |
| Operating profit (loss) | 9901 | €11,551 | -€24,747 | -€36,299 | |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €2,509 | €15,501 | +€12,991 | +518% |
| Recurring financial charges | 65 | €2,509 | €15,501 | +€12,991 | +518% |
| Profit (loss) for the period before taxes | 9903 | €9,042 | -€40,226 | -€49,268 | |
| Profit (loss) for the period | 9904 | €9,042 | -€40,226 | -€49,268 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,042 | -€40,226 | -€49,268 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.