MASTER CARWASH: what changed
What changed
MASTER CARWASH
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€100,306
2024 · €513,512-€413,206
Equity
€360,103
2024 · €924,796-€564,693
Cash
€3,375
2024 · €558,234-€554,859
Balance sheet total
€783,281
2024 · €1.3m-€532,240
Largest movements
Assets
- Cash -€554,859
down €554,859 (-99.4%), from €558,234 to €3,375
mainly Contributions, distributions and other (-€665,000) and Investment in fixed assets (net) (-€165,633)
- Receivables within one year +€104,218
up €104,218 (+126%), from €82,980 to €187,198
of which Other amounts receivable: +€98,834
- Tangible fixed assets -€84,718
down €84,718 (-12.8%), from €663,398 to €578,680
of which Plant, machinery and equipment: -€78,562
Equity and liabilities
- Profit (loss) carried forward -€517,782
down €517,782 (-95.5%), from €542,305 to €24,523
- Other debts +€125,000
new in 2025: €125,000
- Current portion of long-term debt -€59,587
down €59,587 (-94.1%), from €63,300 to €3,713
- Reserves -€46,911
down €46,911 (-29.0%), from €161,672 to €114,761
of which Tax-exempt reserves: -€46,911
- Trade debts -€19,262
down €19,262 (-9.9%), from €194,898 to €175,636
Income statement
- Gross operating margin -€626,605
down €626,605 (-54.4%), from €1.2m to €526,089
- Taxes -€160,290
down €160,290 (-80.4%), from €199,308 to €39,018
- Staff costs -€44,677
down €44,677 (-57.7%), from €77,380 to €32,703
- Other operating charges +€34,144
up €34,144 (+49.7%), from €68,638 to €102,782
- Depreciation +€11,709
up €11,709 (+4.9%), from €238,642 to €250,351
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.
Result 2024
€513,512
Gross operating margin
-€626,605
Staff costs
+€44,677
Depreciation
-€11,709
Other operating charges
-€34,144
Other operating items
+€64,009
Financial income
-€10,913
Financial charges
-€5,357
Taxes
+€160,290
Deferred taxes and other
+€6,546
Result 2025
€100,306
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€322,240
Investment
-€165,633
Financing
-€711,466
Cash 2024
€558,234
From operations (derived)
+€322,240
Net result for the year
+€100,306
Depreciation
+€250,351
Receivables within one year
-€104,218
Deferred charges and accrued income
-€3,119
Provisions
-€15,637
Trade debts
-€19,262
Tax, wage and social debts
-€10,093
Other debts
+€125,000
Accrued charges and deferred income
-€1,088
Investment (derived)
-€165,633
Investment in fixed assets (net)
-€165,633
Financing
-€711,466
Debts after one year
-€3,713
Current portion of long-term debt
-€59,587
Short-term financial debts
+€16,834
Contributions, distributions and other
-€665,000
Cash 2025
€3,375
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,315,521 | €783,281 | -€532,240 | -40.5% |
| Fixed assets | 21/28 | €674,307 | €589,589 | -€84,718 | -12.6% |
| Tangible fixed assets | 22/27 | €663,398 | €578,680 | -€84,718 | -12.8% |
| Plant, machinery and equipment | 23 | €656,427 | €577,865 | -€78,562 | -12.0% |
| Furniture and vehicles | 24 | €6,971 | €815 | -€6,156 | -88.3% |
| Financial fixed assets | 28 | €10,909 | €10,909 | +€0 | 0.0% |
| Current assets | 29/58 | €641,214 | €193,692 | -€447,522 | -69.8% |
| Amounts receivable within one year | 40/41 | €82,980 | €187,198 | +€104,218 | +126% |
| Trade receivables | 40 | €55,585 | €60,970 | +€5,385 | +9.7% |
| Other amounts receivable | 41 | €27,395 | €126,229 | +€98,834 | +361% |
| Cash at bank and in hand | 54/58 | €558,234 | €3,375 | -€554,859 | -99.4% |
| Deferred charges and accrued income | 490/1 | - | €3,119 | +€3,119 | |
| Total equity and liabilities | 10/49 | €1,315,521 | €783,281 | -€532,240 | -40.5% |
| Equity | 10/15 | €924,796 | €360,103 | -€564,693 | -61.1% |
| Contributions | 10/11 | €220,819 | €220,819 | -€0 | 0.0% |
| Capital | 10 | €220,819 | €220,819 | -€0 | 0.0% |
| Issued capital | 100 | €220,819 | €220,819 | -€0 | 0.0% |
| Reserves | 13 | €161,672 | €114,761 | -€46,911 | -29.0% |
| Non-distributable reserves | 130/1 | €22,082 | €22,082 | -€0 | 0.0% |
| Legal reserve | 130 | €22,082 | €22,082 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €139,590 | €92,679 | -€46,911 | -33.6% |
| Profit (loss) carried forward | 14 | €542,305 | €24,523 | -€517,782 | -95.5% |
| Provisions and deferred taxes | 16 | €46,530 | €30,893 | -€15,637 | -33.6% |
| Deferred taxes | 168 | €46,530 | €30,893 | -€15,637 | -33.6% |
| Amounts payable | 17/49 | €344,195 | €392,286 | +€48,091 | +14.0% |
| Amounts payable after more than one year | 17 | €3,713 | - | -€3,713 | |
| Financial debts | 170/4 | €3,713 | - | -€3,713 | |
| Amounts payable within one year | 42/48 | €339,122 | €392,013 | +€52,891 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €63,300 | €3,713 | -€59,587 | -94.1% |
| Financial debts | 43 | - | €16,834 | +€16,834 | |
| Credit institutions | 430/8 | - | €16,834 | +€16,834 | |
| Trade debts | 44 | €194,898 | €175,636 | -€19,262 | -9.9% |
| Suppliers | 440/4 | €194,898 | €175,636 | -€19,262 | -9.9% |
| Taxes, remuneration and social security | 45 | €80,924 | €70,831 | -€10,093 | -12.5% |
| Taxes | 450/3 | €73,629 | €68,299 | -€5,330 | -7.2% |
| Remuneration and social security | 454/9 | €7,295 | €2,531 | -€4,764 | -65.3% |
| Other amounts payable | 47/48 | - | €125,000 | +€125,000 | |
| Accrued charges and deferred income | 492/3 | €1,360 | €273 | -€1,088 | -80.0% |
| Non-recurring operating income | 76A | €774,493 | €2,000 | -€772,493 | -99.7% |
| Remuneration, social security and pensions | 62 | €77,380 | €32,703 | -€44,677 | -57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238,642 | €250,351 | +€11,709 | +4.9% |
| Other operating charges | 640/8 | €68,638 | €102,782 | +€34,144 | +49.7% |
| Non-recurring operating charges | 66A | €75,913 | €11,904 | -€64,009 | -84.3% |
| Gross operating margin | 9900 | €1,152,694 | €526,089 | -€626,605 | -54.4% |
| Operating profit (loss) | 9901 | €692,121 | €128,349 | -€563,772 | -81.5% |
| Financial income | 75/76B | €27,396 | €16,483 | -€10,913 | -39.8% |
| Recurring financial income | 75 | €27,396 | €16,483 | -€10,913 | -39.8% |
| Financial charges | 65/66B | €15,788 | €21,145 | +€5,357 | +33.9% |
| Recurring financial charges | 65 | €15,788 | €21,145 | +€5,357 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €703,729 | €123,688 | -€580,041 | -82.4% |
| Transfer from deferred taxes | 780 | €9,091 | €15,637 | +€6,546 | +72.0% |
| Income taxes | 67/77 | €199,308 | €39,018 | -€160,290 | -80.4% |
| Profit (loss) for the period | 9904 | €513,512 | €100,306 | -€413,206 | -80.5% |
| Transfer from tax-exempt reserves | 789 | €27,271 | €46,911 | +€19,640 | +72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €540,783 | €147,217 | -€393,566 | -72.8% |
Next steps
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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 5 November 2026 via checked.be.