Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CITY WASH from Thimister-Clermont, company number BE0715638383, closed financial year 2025 with a result of € -47,628 after tax. For that financial year CITY WASH recorded a gross margin of € 121,428 and equity of € -10,139. Compared with financial year 2024, the result moved from € -57,943 to € -47,628. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ -10,139
▼ € 47,628 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,628
▲ 18 % less loss than in 2024
Profit after tax over the fiscal year.
€ 41,383
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -119,639.
Debts at end 2025
€ 543,770
▲ 7% vs 2024
€ 134,920 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 66,671
▲ 154% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 212,827 | € 182,083 | € 143,112 | € 121,428 | ▼ 15% |
| Profit after taxes | € 68,399 | € 22,845 | € -57,943 | € -47,628 | ▲ € 10,316 |
| Equity | € 12,587 | € 35,432 | € 37,489 | € -10,139 | ▼ € 47,628 |
| Total debts | € 810,346 | € 885,102 | € 768,065 | € 845,011 | ▲ 10% |
| Cash | € 132,174 | € 44,249 | € 75,074 | € 41,383 | ▼ 45% |
| Retained profit | € -48,913 | € -26,068 | € -84,011 | € -119,639 | ▼ € 35,628 |
| Bank debt | € 437,797 | € 618,993 | € 507,278 | € 543,770 | ▲ 7% |
| Balance sheet total | € 822,933 | € 920,535 | € 805,554 | € 834,872 | ▲ 4% |
Key figures of CITY WASH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CITY WASH?
What happened at CITY WASH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GEHLEN IMMO SA stepped down as director. NBB
- SG SPORTS SRL stepped down as director. NBB
- LAURENT GOBLET MANAGEMENT SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 47,628. Source: NBB ↗
- GEHLEN IMMO SA became a director. NBB
- SG SPORTS SRL became a director. NBB
- LAURENT GOBLET MANAGEMENT SRL became a director. NBB
- New establishment in Malmedy. KBO
In short
From € 68,399 profit in 2022 to € 47,628 loss in 2025.
Best year ever: 2022, with € 68,399 profit.
Management
The stake of GEHLEN IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CITY WASHThe shares are held by GEHLEN IMMO (65%).
Directors
According to the 2025 annual accounts
Administrateur · represented by Roger GEHLEN
Also active at: IMMO-PARQ, FLIGHT SCHOOL PROMOTION, BG2S
since 2023 · until 2029
Administrateur · represented by GUILLAUME POUS
since 2023 · until 2029
Managing director · represented by LAURENT GOBLET
Also active at: GEHLEN IMMO, HAB, NEGOHOM
since 2023 · until 2029
Shareholders
65%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Bosquet 3
4890 Thimister-Clermont
Avenue de la Libération 1 box 1
4960 Malmedy
Active since 10 December 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →GEHLEN IMMO same network
€ 283,272 gross margin · 2025
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€ 531,772 gross margin · 2025
G-Bois
€ 1.2 million gross margin · 2025
SERBI
€ 45 million revenue · 2025
Espace Industriel des Plénesses
€ 1.3 million gross margin · 2025
+21 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0715.638.383
- VAT number
- BE 0715.638.383
- Registered office
- Rue du Bosquet 3, 4890 Thimister-Clermont
- Names & denominations
- CITY WASH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en lease van sport- en recreatieartikelen