Q WASH: what changed
Two financial 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.
What changed
Q WASH
NACE 95.316, Washing and cleaning of motor vehicles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€232,117
2024 · €33,667-€265,784
Equity
€149,854
2024 · €381,971-€232,117
Cash
€853
2024 · €20,673-€19,820
Balance sheet total
€3.5m
2024 · €3.5m-€32,398
Largest movements
Assets
- Receivables within one year +€90,926
up €90,926 (+14.9%), from €610,356 to €701,281
of which Trade receivables: +€97,579
- Tangible fixed assets -€82,178
down €82,178 (-2.9%), from €2.8m to €2.7m
of which Plant, machinery and equipment: -€41,906
Equity and liabilities
- Reserves -€140,341
down €140,341 (-51.3%), from €273,371 to €133,030
of which Tax-exempt reserves: -€140,341
- Other debts +€110,000
up €110,000 (+71.6%), from €153,605 to €263,605
- Profit (loss) carried forward -€91,775
new in 2025: -€91,775
- Trade debts -€81,280
down €81,280 (-36.1%), from €225,305 to €144,025
- Accrued charges and deferred income +€67,288
up €67,288 (+268%), from €25,067 to €92,356
Income statement
- Financial charges +€128,426
up €128,426 (+160%), from €80,512 to €208,938
- Depreciation +€105,035
up €105,035 (+70.1%), from €149,769 to €254,804
- Gross operating margin -€43,230
down €43,230 (-16.8%), from €257,098 to €213,869
- Staff costs +€15,169
up €15,169 (+109%), from €13,971 to €29,140
- Other operating charges -€2,823
down €2,823 (-74.5%), from €3,788 to €966
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.
Result 2024
€33,667
Gross operating margin
-€43,230
Staff costs
-€15,169
Depreciation
-€105,035
Other operating charges
+€2,823
Financial income
+€1,345
Financial charges
-€128,426
Taxes
+€143
Deferred taxes and other
+€21,766
Result 2025
-€232,117
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€14,867
Investment
-€150,277
Financing
+€115,590
Cash 2024
€20,673
From operations (derived)
+€14,867
Net result for the year
-€232,117
Depreciation
+€254,804
Receivables within one year
-€90,926
Deferred charges and accrued income
-€1,024
Provisions
-€46,780
Trade debts
-€81,280
Tax, wage and social debts
+€34,900
Other debts
+€110,000
Accrued charges and deferred income
+€67,288
Investment (derived)
-€150,277
Investment in fixed assets (net)
-€150,277
Financing
+€115,590
Debts after one year
+€62,651
Current portion of long-term debt
+€52,940
Cash 2025
€853
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,484,878 | €3,452,479 | -€32,398 | -0.9% |
| Fixed assets | 21/28 | €2,853,849 | €2,749,322 | -€104,528 | -3.7% |
| Tangible fixed assets | 22/27 | €2,831,499 | €2,749,322 | -€82,178 | -2.9% |
| Land and buildings | 22 | €2,267,634 | €2,226,613 | -€41,021 | -1.8% |
| Plant, machinery and equipment | 23 | €563,865 | €521,959 | -€41,906 | -7.4% |
| Furniture and vehicles | 24 | - | €749 | +€749 | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €22,350 | €0 | -€22,350 | -100% |
| Current assets | 29/58 | €631,028 | €703,158 | +€72,129 | +11.4% |
| Amounts receivable within one year | 40/41 | €610,356 | €701,281 | +€90,926 | +14.9% |
| Trade receivables | 40 | €8,155 | €105,734 | +€97,579 | +1,197% |
| Other amounts receivable | 41 | €602,201 | €595,547 | -€6,654 | -1.1% |
| Cash at bank and in hand | 54/58 | €20,673 | €853 | -€19,820 | -95.9% |
| Deferred charges and accrued income | 490/1 | €0 | €1,024 | +€1,024 | |
| Total equity and liabilities | 10/49 | €3,484,878 | €3,452,479 | -€32,398 | -0.9% |
| Equity | 10/15 | €381,971 | €149,854 | -€232,117 | -60.8% |
| Contributions | 10/11 | €108,600 | €108,600 | = | 0.0% |
| Reserves | 13 | €273,371 | €133,030 | -€140,341 | -51.3% |
| Non-distributable reserves | 130/1 | €15,860 | €15,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,860 | €15,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €140,341 | €0 | -€140,341 | -100% |
| Distributable reserves | 133 | €117,170 | €117,170 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€91,775 | -€91,775 | |
| Provisions and deferred taxes | 16 | €46,780 | €0 | -€46,780 | -100% |
| Deferred taxes | 168 | €46,780 | €0 | -€46,780 | -100% |
| Amounts payable | 17/49 | €3,056,126 | €3,302,625 | +€246,499 | +8.1% |
| Amounts payable after more than one year | 17 | €2,506,774 | €2,569,425 | +€62,651 | +2.5% |
| Financial debts | 170/4 | €2,506,774 | €2,569,425 | +€62,651 | +2.5% |
| Amounts payable within one year | 42/48 | €524,284 | €640,844 | +€116,560 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €135,360 | €188,300 | +€52,940 | +39.1% |
| Trade debts | 44 | €225,305 | €144,025 | -€81,280 | -36.1% |
| Suppliers | 440/4 | €225,305 | €144,025 | -€81,280 | -36.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,014 | €44,914 | +€34,900 | +349% |
| Taxes | 450/3 | €3,983 | €41,360 | +€37,377 | +938% |
| Remuneration and social security | 454/9 | €6,031 | €3,555 | -€2,476 | -41.1% |
| Other amounts payable | 47/48 | €153,605 | €263,605 | +€110,000 | +71.6% |
| Accrued charges and deferred income | 492/3 | €25,067 | €92,356 | +€67,288 | +268% |
| Non-recurring operating income | 76A | €260,246 | €0 | -€260,246 | -100% |
| Remuneration, social security and pensions | 62 | €13,971 | €29,140 | +€15,169 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,769 | €254,804 | +€105,035 | +70.1% |
| Other operating charges | 640/8 | €3,788 | €966 | -€2,823 | -74.5% |
| Gross operating margin | 9900 | €257,098 | €213,869 | -€43,230 | -16.8% |
| Operating profit (loss) | 9901 | €89,570 | -€71,042 | -€160,612 | |
| Financial income | 75/76B | €0 | €1,345 | +€1,345 | +6,724,950% |
| Recurring financial income | 75 | €0 | €1,345 | +€1,345 | +6,724,950% |
| Financial charges | 65/66B | €80,512 | €208,938 | +€128,426 | +160% |
| Recurring financial charges | 65 | €80,512 | €208,938 | +€128,426 | +160% |
| Profit (loss) for the period before taxes | 9903 | €9,058 | -€278,635 | -€287,693 | |
| Transfer from deferred taxes | 780 | €72,184 | €46,780 | -€25,404 | -35.2% |
| Transfer to deferred taxes | 680 | €47,169 | €0 | -€47,169 | -100% |
| Income taxes | 67/77 | €406 | €262 | -€143 | -35.3% |
| Profit (loss) for the period | 9904 | €33,667 | -€232,117 | -€265,784 | |
| Transfer from tax-exempt reserves | 789 | €173,400 | €140,341 | -€33,058 | -19.1% |
| Transfer to tax-exempt reserves | 689 | €141,508 | €0 | -€141,508 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €65,558 | -€91,775 | -€157,334 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.