STAR 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.
STAR WASH
Largest movements
- Cash +€101,867
up €101,867 (+36.7%), from €277,793 to €379,660
mainly Other debts (+€195,100) and Net result for the year (+€85,822)
- Tangible fixed assets -€30,512
down €30,512 (-15.4%), from €197,744 to €167,232
- Receivables within one year +€15,673
up €15,673 (+40.3%), from €38,940 to €54,613
of which Trade receivables: +€8,185
- Other debts +€195,100
new in 2025: €195,100
- Profit (loss) carried forward -€152,178
down €152,178 (-39.7%), from €383,261 to €231,083
- Tax, wage and social debts +€82,036
up €82,036 (+463.1%), from €17,713 to €99,749
of which Taxes: +€79,308
- Reserves -€30,000
down €30,000 (-49.3%), from €60,800 to €30,800
of which Distributable reserves: -€30,000
- Trade debts -€14,688
down €14,688 (-33.9%), from €43,316 to €28,629
- Gross operating margin +€13,372
up €13,372 (+6.5%), from €206,533 to €219,905
- Staff costs +€7,033
up €7,033 (+11.9%), from €58,972 to €66,005
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 | €525,550 | €605,820 | +€80,270 | +15.3% |
| Fixed assets | 21/28 | €197,810 | €167,298 | -€30,512 | -15.4% |
| Tangible fixed assets | 22/27 | €197,744 | €167,232 | -€30,512 | -15.4% |
| Land and buildings | 22 | €117,871 | €106,884 | -€10,987 | -9.3% |
| Plant, machinery and equipment | 23 | €67,369 | €54,495 | -€12,874 | -19.1% |
| Furniture and vehicles | 24 | €12,504 | €5,853 | -€6,651 | -53.2% |
| Financial fixed assets | 28 | €67 | €67 | = | 0.0% |
| Current assets | 29/58 | €327,740 | €438,522 | +€110,782 | +33.8% |
| Stocks and contracts in progress | 3 | €6,415 | €3,218 | -€3,197 | -49.8% |
| Stocks | 30/36 | €6,415 | €3,218 | -€3,197 | -49.8% |
| Amounts receivable within one year | 40/41 | €38,940 | €54,613 | +€15,673 | +40.3% |
| Trade receivables | 40 | €0 | €8,185 | +€8,185 | |
| Other amounts receivable | 41 | €38,940 | €46,428 | +€7,489 | +19.2% |
| Cash at bank and in hand | 54/58 | €277,793 | €379,660 | +€101,867 | +36.7% |
| Deferred charges and accrued income | 490/1 | €4,593 | €1,031 | -€3,562 | -77.5% |
| Total equity and liabilities | 10/49 | €525,550 | €605,820 | +€80,270 | +15.3% |
| Equity | 10/15 | €464,521 | €282,343 | -€182,178 | -39.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €60,800 | €30,800 | -€30,000 | -49.3% |
| Tax-exempt reserves | 132 | €13,800 | €13,800 | = | 0.0% |
| Distributable reserves | 133 | €47,000 | €17,000 | -€30,000 | -63.8% |
| Profit (loss) carried forward | 14 | €383,261 | €231,083 | -€152,178 | -39.7% |
| Amounts payable | 17/49 | €61,029 | €323,478 | +€262,448 | +430.0% |
| Amounts payable within one year | 42/48 | €61,029 | €323,478 | +€262,448 | +430.0% |
| Trade debts | 44 | €43,316 | €28,629 | -€14,688 | -33.9% |
| Suppliers | 440/4 | €43,316 | €28,629 | -€14,688 | -33.9% |
| Taxes, remuneration and social security | 45 | €17,713 | €99,749 | +€82,036 | +463.1% |
| Taxes | 450/3 | €13,495 | €92,804 | +€79,308 | +587.7% |
| Remuneration and social security | 454/9 | €4,218 | €6,945 | +€2,727 | +64.7% |
| Other amounts payable | 47/48 | - | €195,100 | +€195,100 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €737 | +€737 | |
| Remuneration, social security and pensions | 62 | €58,972 | €66,005 | +€7,033 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,493 | €35,568 | +€1,076 | +3.1% |
| Other operating charges | 640/8 | €9,954 | €9,076 | -€878 | -8.8% |
| Non-recurring operating charges | 66A | €41 | €3,446 | +€3,405 | +8206.8% |
| Gross operating margin | 9900 | €206,533 | €219,905 | +€13,372 | +6.5% |
| Operating profit (loss) | 9901 | €103,073 | €105,810 | +€2,736 | +2.7% |
| Financial income | 75/76B | €1,536 | €2,807 | +€1,271 | +82.7% |
| Recurring financial income | 75 | €1,536 | €2,807 | +€1,271 | +82.7% |
| Financial charges | 65/66B | €2,155 | €548 | -€1,607 | -74.6% |
| Recurring financial charges | 65 | €2,155 | €548 | -€1,607 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | €102,455 | €108,069 | +€5,615 | +5.5% |
| Income taxes | 67/77 | €22,261 | €22,247 | -€14 | -0.1% |
| Profit (loss) for the period | 9904 | €80,194 | €85,822 | +€5,628 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,194 | €85,822 | +€5,628 | +7.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.