WASH EXPRESS: what changed
WASH EXPRESS
Largest movements
- Receivables within one year +€106,327
up €106,327 (+67.7%), from €157,101 to €263,428
of which Trade receivables: +€81,526
- Cash -€32,573
down €32,573 (-88.7%), from €36,726 to €4,153
mainly Receivables within one year (-€106,327) and Net result for the year (-€36,800)
- Tangible fixed assets -€7,432
down €7,432 (-78.2%), from €9,502 to €2,070
of which Furniture and vehicles: -€6,532
- Trade debts +€102,956
up €102,956 (+74.6%), from €138,006 to €240,962
- Profit (loss) carried forward -€36,801
down €36,801, from €29,931 to -€6,870
- Gross operating margin -€55,528
down €55,528 (-82.2%), from €67,537 to €12,009
- Depreciation -€14,267
down €14,267 (-65.8%), from €21,697 to €7,430
- Other operating charges -€4,386
down €4,386 (-98.7%), from €4,444 to €58
- Staff costs -€2,315
down €2,315 (-5.3%), from €43,477 to €41,162
- Financial charges -€1,877
down €1,877 (-92.2%), from €2,036 to €159
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 | €204,968 | €271,290 | +€66,322 | +32.4% |
| Fixed assets | 21/28 | €10,982 | €3,551 | -€7,432 | -67.7% |
| Tangible fixed assets | 22/27 | €9,502 | €2,070 | -€7,432 | -78.2% |
| Plant, machinery and equipment | 23 | €1,346 | €446 | -€900 | -66.9% |
| Furniture and vehicles | 24 | €8,156 | €1,624 | -€6,532 | -80.1% |
| Financial fixed assets | 28 | €1,481 | €1,481 | = | 0.0% |
| Current assets | 29/58 | €193,986 | €267,739 | +€73,753 | +38.0% |
| Amounts receivable within one year | 40/41 | €157,101 | €263,428 | +€106,327 | +67.7% |
| Trade receivables | 40 | €78,697 | €160,223 | +€81,526 | +104% |
| Other amounts receivable | 41 | €78,404 | €103,205 | +€24,801 | +31.6% |
| Cash at bank and in hand | 54/58 | €36,726 | €4,153 | -€32,573 | -88.7% |
| Deferred charges and accrued income | 490/1 | €158 | €158 | -€0 | -0.3% |
| Total equity and liabilities | 10/49 | €204,968 | €271,290 | +€66,322 | +32.4% |
| Equity | 10/15 | €37,991 | €1,190 | -€36,801 | -96.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,931 | -€6,870 | -€36,801 | |
| Amounts payable | 17/49 | €166,977 | €270,100 | +€103,122 | +61.8% |
| Amounts payable within one year | 42/48 | €166,977 | €270,100 | +€103,122 | +61.8% |
| Trade debts | 44 | €138,006 | €240,962 | +€102,956 | +74.6% |
| Suppliers | 440/4 | €138,006 | €240,962 | +€102,956 | +74.6% |
| Advances received on contracts in progress | 46 | €20,100 | €20,100 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,871 | €9,038 | +€167 | +1.9% |
| Taxes | 450/3 | €7,287 | €8,344 | +€1,057 | +14.5% |
| Remuneration and social security | 454/9 | €1,583 | €694 | -€890 | -56.2% |
| Remuneration, social security and pensions | 62 | €43,477 | €41,162 | -€2,315 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,697 | €7,430 | -€14,267 | -65.8% |
| Other operating charges | 640/8 | €4,444 | €58 | -€4,386 | -98.7% |
| Gross operating margin | 9900 | €67,537 | €12,009 | -€55,528 | -82.2% |
| Operating profit (loss) | 9901 | -€2,080 | -€36,641 | -€34,561 | -1,661% |
| Financial income | 75/76B | €48 | - | -€48 | |
| Recurring financial income | 75 | €48 | - | -€48 | |
| Financial charges | 65/66B | €2,036 | €159 | -€1,877 | -92.2% |
| Recurring financial charges | 65 | €2,036 | €159 | -€1,877 | -92.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,068 | -€36,800 | -€32,732 | -805% |
| Income taxes | 67/77 | €820 | - | -€820 | |
| Profit (loss) for the period | 9904 | -€4,888 | -€36,800 | -€31,912 | -653% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,888 | -€36,800 | -€31,912 | -653% |
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 1 November 2026 via checked.be.