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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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Gentse Car Wash from Gent, company number BE0773565201, closed financial year 2025 with a result of € 74,052 after tax. For that financial year Gentse Car Wash recorded a gross margin of € 340,942 and equity of € 518,166. Compared with financial year 2024, the result moved from € 41,470 to € 74,052. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2026.
€ 518,166
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today. At incorporation the founders contributed € 414,000 in kind: shares or other assets, valued in the deed.
€ 74,052
▲ 79% vs 2024
Profit after tax over the fiscal year.
€ 14,673
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 104,166.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 97,454
▲ 16% vs 2024
€ 48,700 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.
€ 14,744
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 8% vs 2024
€ 138,870 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 139,944
▲ € 113,571 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,160
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 45,263 | € 239,438 | € 294,588 | € 340,942 | ▲ 16% |
| Profit after taxes | € -26,009 | € 14,653 | € 41,470 | € 74,052 | ▲ 79% |
| Equity | € 387,991 | € 402,644 | € 444,114 | € 518,166 | ▲ 17% |
| Total debts | € 1,557,932 | € 1,510,923 | € 1,385,504 | € 1,419,750 | ▲ 2% |
| Cash | € 12,067 | € 19,245 | € 16,139 | € 14,673 | ▼ 9% |
| Land & buildings | € 1,833,074 | € 1,747,883 | € 1,647,536 | € 1,547,101 | ▼ 6% |
| Retained profit | € -26,009 | € -11,356 | € 30,114 | € 104,166 | ▲ 246% |
| Bank debt | € 1,389,244 | € 1,349,294 | € 1,230,405 | € 1,135,418 | ▼ 8% |
| Balance sheet total | € 1,945,923 | € 1,913,567 | € 1,829,619 | € 1,937,916 | ▲ 6% |
| Employees (FTE) | - | - | - | 2 |
Key figures of Gentse Car 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 Gentse Car Wash?
What happened at Gentse Car Wash in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,052 (▲ 79% vs 2024). filed late Source: NBB ↗
- New establishment in Evergem. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Nic VAN LANDUYT became a director. NBB
In short
From € 26,010 loss in 2022 to € 74,052 profit in 2025.
Paid € 25,573 in corporate taxes since 2022.
Best year ever: 2025, with € 74,052 profit.
On average € 170,500 of value added per employee in 2025.
Management
Behind Gentse Car Wash is Nic VAN LANDUYT.
Directors
According to the 2025 annual accounts
Nic VAN LANDUYT
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Zeeschipstraat 172
9032 Gent
Reibroekstraat 105 B
9940 Evergem
Active since 11 September 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VAN LANDUYT Nic(oprichter) 100%
Details
- Company number
- 0773.565.201
- VAT number
- BE 0773.565.201
- Registered office
- Zeeschipstraat 172, 9032 Gent
- Names & denominations
- Gentse Car Wash
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 2021
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Wassen en poetsen van motorvoertuigen
Carrosserieherstelling (inclusief spuiten en verven)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling