Dozens of accounts, constant cash gaps — and extra taxes on internal transfers.

SITUATION

A service network — owned stores plus franchises, €4-5M revenue. Several legal entities, dozens of bank accounts. The owner came with two requests — profitability and clarity. The second hurt most: how much does each store actually make, why is one cash-rich and another empty — no answers. The solution felt technical: change the accounting software. But the issue wasn't software — it was that the group had no money structure.

WHAT WE FOUND AND DID

  • Locked in correspondence: one store — one entity — one bank account — its own P&L
  • Set up rolling cash flow planning per store and the group
  • Built plan-vs-actual control — variance visible early
  • Eliminated chaotic transfers between sole-traders — and the tax on them
  • Cut the number of bank accounts to a working minimum

RESULT

Cash gapsStopped
StoresAll self-sustaining, no transfers
Tax on internal transfersGone
Bank accountsTangle → clear structure
OwnerSees what each store earns, where cash moves
No software fixes a place with no structure. The chaos wasn't in the tool — it was that the group's money wasn't tied to anything.
PRINCIPLE · 42.FINANCE
CASH STRUCTUREGROUP TREASURYTAX EFFICIENCYP&L PER LOCATION