Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2026.
Financials
Financial year 2026
LAUNDRY SOLUTIONS from Deinze, company number BE0420999893, closed financial year 2026 with a result of € 898,171 after tax. For that financial year LAUNDRY SOLUTIONS recorded revenue of € 23.5 million and equity of € 4.3 million. Compared with financial year 2025, the result moved from € 1.7 million to € 898,171. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2026.
€ 4.3 million
▲ 27% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 898,171
▼ 47% vs 2025
Profit after tax over the fiscal year.
€ 2.5 million
▲ 142% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 4.2 million.
People and assets in 2026
175.2
▲ 11.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 8.2 million
▲ 8% vs 2025
€ 46,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5 million
▼ 9% vs 2025
Of which on lease € 4.3 million.
Debts at end 2026
€ 11 million
▼ 4% vs 2025
€ 3.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3.6 million
▲ 25% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 115 days on average.
€ 1.5 million
▲ 11% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 7,626,464 | € 8,403,076 | € 22,624,486 | € 23,530,445 | ▲ 4% |
| Profit after taxes | € 93,806 | € 374,896 | € 1,706,140 | € 898,171 | ▼ 47% |
| Equity | € 1,287,027 | € 1,661,922 | € 3,368,062 | € 4,266,233 | ▲ 27% |
| Total debts | € 8,596,976 | € 9,394,259 | € 17,892,745 | € 17,867,880 | |
| Cash | € 864,392 | € 943,293 | € 1,018,563 | € 2,460,934 | ▲ 142% |
| Land & buildings | € 186,760 | € 179,917 | € 282,768 | € 722,654 | ▲ 156% |
| Retained profit | € 1,212,658 | € 1,587,554 | € 3,293,694 | € 4,191,865 | ▲ 27% |
| Bank debt | € 3,990,962 | € 3,211,511 | € 11,432,824 | € 10,977,965 | ▼ 4% |
| Balance sheet total | € 9,884,003 | € 11,056,182 | € 21,260,807 | € 22,134,113 | ▲ 4% |
| Employees (FTE) | 45.5 | 51.1 | 163.3 | 175.2 | ▲ 11.9 |
Key figures of LAUNDRY SOLUTIONS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to LAUNDRY SOLUTIONS?
What happened at LAUNDRY SOLUTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Piet Dekeukelaere stepped down as director. NBB
- BOWI NV stepped down as director. NBB
- Weboss BV stepped down as director. NBB
- Isabelle Wibo stepped down as director. NBB
- Martine De Muynck stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 898,171 (▼ 47% vs 2025). Source: NBB ↗
- New establishment in Zedelgem. KBO
- New establishment in Wetteren. KBO
In short
From € 93,806 profit in 2023 to € 898,171 profit in 2026.
Paid € 925,247 in corporate taxes since 2023.
Best year ever: 2025, with € 1.7 million profit.
Pays suppliers within 115 days on average.
Management
The stake of JC WIBO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LAUNDRY SOLUTIONSBehind LAUNDRY SOLUTIONS is Racofin VOF. The shares are held by JC WIBO (65%). It owns 1% of HS Logistics itself.
Directors
According to the 2026 annual accounts
Managing director · represented by Reinhard De Muynck
Also active at: HS LOGISTICS, sitomeca
since 2023 · until 2029
Chairman of the board · represented by Jean-Charles Wibo
Also active at: BUILDMAT INVEST, GERMAY EMBALLAGES, Romi Laundry Services, NOORTHEYE SHOPPING, De Brauwer Vastgoed
since 2023 · until 2029
Director · represented by Nicolas Wibo
Also active at: Ateliers Vlassenroot, IMMO VLASSENROOT, DELTA EXTINCTORS, JC WIBO, Romi Laundry Services, Delta Plastics, Iron Sheet, sitomeca
since 2023 · until 2029
since 2024 · until 2029
Martine De Muynck
Director
since 2023 · until 2029
Shareholders
65%
Participations
1%
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 105
9800 Deinze
Remi Claeysstraat 88
8210 Zedelgem
Active since 1 October 2024
Honderdweg 5
9230 Wetteren
Active since 1 October 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.999.893
- VAT number
- BE 0420.999.893
- Registered office
- Dorpsstraat 105, 9800 Deinze
- Names & denominations
- LAUNDRY SOLUTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 1980
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
Activiteiten van industriële wasserijen
Industriële wasserijen, ververijen en dergelijke
Wasserettes, behandelen van was en reiniging van kleding ten behoeve van particulieren
Activiteiten van wasserettes en wassalons ten behoeve van particulieren