THE WHITE MONKEY
Annual accounts 2025
abbreviated format, filed on 30-09-2026, 61 days late€220,926
▼ 52.5%
€124,901
▼ 61.5%
€128,834
▼ 99.4%
€1.6m
▲ 26.0%
82.8%
▼ 7.6 percentage points
1.47
▼ 0.90
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €470,000. Estimated: probably between €300,000 and €1.1m.
Balance sheet
balance sheet total €30.0m on 31-12-2025What the company ownsHow it is paid for
in €m
in euro
Position in the sector
82.8%
Higher than 86% of 11,299 companies in 2025.
1.47
Higher than 60% of 10,851 companies in 2025.
0.4%
Higher than 45% of 11,184 companies in 2025.
THE WHITE MONKEY
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
30.0m | 27.3m | 4.5m | 4.2m | 3.7m | 3.4m | 2.5m | 2.2m | 1.8m | 1.1m | 133,073 | |
21/28 |
24.9m | 25.1m | 1.9m | 2.0m | 1.2m | 954,685 | 995,630 | 957,661 | 656,952 | 104,609 | 2,834 | |
22/27 |
806,259 | 838,822 | 887,657 | 937,973 | 876,349 | 732,124 | 771,844 | 733,875 | 484,436 | 2,109 | 2,834 | |
22 |
787,052 | 809,519 | 589,943 | 646,141 | 665,236 | 655,212 | 680,290 | 623,203 | 477,434 | - | - | |
23 |
1,565 | 1,657 | 2,262 | 2,866 | 4,127 | 16,196 | 27,997 | 43,590 | 7,002 | 2,109 | 2,834 | |
24 |
17,641 | 27,646 | 21,183 | 28,763 | 43,194 | 60,715 | 63,557 | 67,082 | - | - | - | |
27 |
- | - | 274,269 | 260,202 | 163,791 | - | - | - | - | - | - | |
28 |
24.1m | 24.2m | 1.0m | 1.1m | 310,744 | 222,562 | 223,786 | 223,786 | 172,516 | 102,500 | - | |
29/58 |
5.1m | 2.2m | 2.6m | 2.2m | 2.5m | 2.4m | 1.5m | 1.2m | 1.2m | 950,302 | 130,239 | |
3 |
853,684 | 823,078 | 903,442 | 960,128 | 1.1m | 1.0m | 903,543 | 687,005 | 589,945 | 268,362 | - | |
30/36 |
853,684 | 823,078 | 903,442 | 960,128 | 1.1m | 1.0m | 903,543 | 687,005 | 589,945 | 268,362 | - | |
40/41 |
1.3m | 1.0m | 549,879 | 382,652 | 411,937 | 388,738 | 495,582 | 238,750 | 90,000 | 634,500 | 66,641 | |
40 |
65,477 | 208,295 | 47,439 | 62,816 | 48,698 | 288,188 | 315,084 | 111,178 | - | 544,500 | - | |
41 |
1.2m | 802,060 | 502,440 | 319,836 | 363,239 | 100,550 | 180,498 | 127,573 | 90,000 | 90,000 | 66,641 | |
50/53 |
2.8m | 293,415 | 951,429 | 808,961 | 808,324 | 627,512 | - | - | - | 10 | 10 | |
54/58 |
162,143 | 98,145 | 147,446 | 25,713 | 99,332 | 413,648 | 80,353 | 309,325 | 495,584 | 47,430 | 30,763 | |
490/1 |
7,949 | 9,723 | 35,441 | 5,054 | 5,938 | 5,864 | 3,899 | 3,625 | - | - | 32,825 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
30.0m | 27.3m | 4.5m | 4.2m | 3.7m | 3.4m | 2.5m | 2.2m | 1.8m | 1.1m | 133,073 | |
10/15 |
24.8m | 24.7m | 2.1m | 2.0m | 1.5m | 1.4m | 1.3m | 1.2m | 898,994 | 293,443 | 9,376 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
24.8m | 24.7m | 2.0m | 2.0m | 1.5m | 1.3m | 1.3m | 1.1m | 892,794 | 287,243 | 3,176 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 159 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
133 |
24.8m | 24.7m | 2.0m | 2.0m | 1.5m | 1.3m | 1.3m | 1.1m | 890,934 | 285,383 | 3,018 | |
17/49 |
5.2m | 2.6m | 2.5m | 2.2m | 2.2m | 2.0m | 1.2m | 1.0m | 933,488 | 761,468 | 123,697 | |
17 |
1.7m | 1.6m | 1.4m | 1.4m | 1.6m | 1.1m | 828,833 | 441,833 | 484,833 | 492,300 | 115,000 | |
170/4 |
1.7m | 1.6m | 1.4m | 1.4m | 1.6m | 1.1m | 828,833 | 441,833 | 484,833 | 492,300 | 115,000 | |
42/48 |
3.5m | 941,652 | 1.1m | 740,582 | 634,272 | 970,385 | 329,537 | 588,036 | 447,841 | 269,168 | 8,697 | |
42 |
122,411 | 121,834 | 496,624 | 107,100 | 107,100 | 223,100 | 43,000 | 43,000 | 43,000 | - | - | |
43 |
3.1m | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | - | - | - | - | - | |
430/8 |
3.1m | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | - | - | - | - | - | |
44 |
69,386 | 251,190 | 48,880 | 74,494 | 3,846 | 212,481 | 20,700 | 101,832 | 1,724 | 7,363 | 2,759 | |
440/4 |
69,386 | 251,190 | 48,880 | 74,494 | 3,846 | 212,481 | 20,700 | 101,832 | 1,724 | 7,363 | 2,759 | |
45 |
28,507 | 30,032 | 7,543 | 22,288 | 4,766 | 17,843 | 58,463 | 334,355 | 379,244 | 247,623 | 5,242 | |
450/3 |
28,507 | 30,032 | 7,543 | 22,288 | 4,766 | 17,843 | 58,463 | 334,355 | 379,244 | 247,623 | 5,242 | |
47/48 |
130,198 | 38,596 | 26,627 | 36,700 | 18,559 | 16,961 | 207,373 | 108,849 | 23,872 | 14,182 | 696 | |
492/3 |
6,045 | 60,509 | - | - | - | 868 | 780 | 294 | 814 | - | - | |
| Income statement | ||||||||||||
76A |
44,166 | 13,000 | - | - | - | - | - | - | 430 | - | - | |
9900 |
220,926 | 465,254 | 179,604 | 593,592 | 274,417 | 217,680 | 505,934 | 699,636 | 1.0m | 455,951 | 4,762 | |
630 |
89,421 | 135,658 | 67,506 | 73,541 | 92,466 | 101,049 | 114,065 | 113,484 | 81,257 | 1,406 | 1,641 | |
640/8 |
6,603 | 5,441 | 4,058 | 7,659 | 3,442 | 21,970 | 2,433 | 1,673 | 1,429 | 2,254 | - | |
9901 |
124,901 | 324,154 | 108,040 | 512,392 | 178,509 | 94,661 | 389,436 | 584,479 | 954,669 | 452,290 | 3,121 | |
75/76B |
173,770 | 22.5m | 20,188 | 208,553 | 8,610 | 3,126 | - | 2,077 | - | - | 5,327 | |
75 |
173,770 | 1.3m | 20,188 | 208,553 | 8,610 | 3,126 | - | 2,077 | - | - | 5,327 | |
76B |
- | 21.3m | - | - | - | - | - | - | - | - | - | |
65/66B |
143,053 | 145,410 | 72,595 | 48,414 | 42,727 | 35,010 | 28,707 | 12,492 | 30,132 | 17,443 | 30 | |
65 |
118,053 | 120,410 | 72,595 | 48,414 | 42,727 | 35,010 | 28,707 | 12,492 | 30,132 | 17,443 | 30 | |
66B |
25,000 | 25,000 | - | - | - | - | - | - | - | - | - | |
9903 |
155,619 | 22.7m | 55,632 | 672,531 | 144,391 | 62,777 | 360,729 | 574,064 | 924,537 | 434,847 | 8,418 | |
67/77 |
26,784 | 64,301 | 23,471 | 120,318 | 36,495 | 19,788 | 107,075 | 148,666 | 318,987 | 150,781 | 5,242 | |
9904 |
128,834 | 22.7m | 32,162 | 552,213 | 107,896 | 42,989 | 253,654 | 425,398 | 605,551 | 284,067 | 3,176 | |
9905 |
128,834 | 22.7m | 32,162 | 552,213 | 107,896 | 42,989 | 253,654 | 425,398 | 605,551 | 284,067 | 3,176 | |
| Appropriation of the result | ||||||||||||
9906 |
128,834 | 22.7m | 32,162 | 552,213 | 107,896 | 42,989 | 253,654 | 425,398 | 605,551 | 284,067 | 3,176 | |
791/2 |
- | - | - | - | - | - | - | 70,588 | - | - | - | |
691/2 |
128,834 | 22.7m | 32,162 | 552,213 | 107,896 | 42,989 | 153,654 | 325,398 | 605,551 | 284,067 | 3,176 | |
6920 |
- | - | - | - | - | - | - | - | - | 1,701 | 159 | |
6921 |
128,834 | 22.7m | 32,162 | 552,213 | 107,896 | 42,989 | 153,654 | 325,398 | 605,551 | 282,365 | 3,018 | |
694/7 |
- | - | - | - | - | - | 100,000 | 170,588 | - | - | - | |
694 |
- | - | - | - | - | - | 100,000 | 170,588 | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 23 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00540083.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00540083 | |
| 31-12-2024 | abbreviated format | 06-06-2025 | 2025-00126368 | |
| 31-12-2023 | abbreviated format | 30-09-2024 | 2024-00490192 | |
| 31-12-2022 | abbreviated format | 29-09-2023 | 2023-00466830 | |
| 31-12-2021 | abbreviated format | 30-09-2022 | 2022-20453441 | |
| 31-12-2020 | abbreviated format | 26-08-2021 | 2021-56400475 | |
| 31-12-2019 | abbreviated format | 29-09-2020 | 2020-56900249 | |
| 31-12-2018 | abbreviated format | 14-06-2019 | 2019-19100549 | |
| 31-12-2017 | abbreviated format | 30-08-2018 | 2018-56300490 | |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-59600574 | |
| 31-12-2015 | abbreviated format | 29-09-2016 | 2016-62400019 |
Subsidies and aid
Flemish government 2025, 1 entry, €2,420 awarded, €2,420 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 214,323 | 459,812 | 175,546 | 585,933 | 270,975 | 195,710 | 503,501 | 697,963 | 1.0m | 453,696 | 4,762 | ||
| 218,256 | 22.8m | 99,668 | 625,754 | 200,362 | 144,038 | 367,719 | 538,882 | 686,808 | 285,473 | 4,817 | ||
| 65,746 | 23.7m | 78,110 | 889,473 | 324,874 | 61,329 | 152,034 | 414,193 | 633,600 | 103,181 | 4,475 | ||
| 63,998 | -49,301 | 121,733 | -73,619 | -314,316 | 333,294 | -228,972 | -186,259 | 448,154 | 16,668 | - | ||
| 1.6m | 1.3m | 1.5m | 1.4m | 1.8m | 1.5m | 1.2m | 650,670 | 727,689 | 681,134 | 121,542 | ||
| 82.8% | 90.4% | 45.4% | 48.3% | 40.2% | 40.1% | 53.2% | 53.1% | 49.1% | 27.8% | 7.0% | ||
| 1.47 | 2.37 | 2.40 | 2.95 | 3.90 | 2.51 | 4.50 | 2.11 | 2.62 | 3.53 | 14.98 | ||
| 1.22 | 1.50 | 1.56 | 1.65 | 2.09 | 1.48 | 1.76 | 0.94 | 1.31 | 2.53 | 14.98 | ||
| 0.21 | 0.11 | 1.20 | 1.07 | 1.49 | 1.49 | 0.88 | 0.88 | 1.04 | 2.59 | 13.19 | ||
| 0.5% | 91.7% | 1.6% | 27.3% | 7.3% | 3.2% | 19.2% | 36.5% | 67.4% | 96.8% | 33.9% | ||
| 0.4% | 82.9% | 0.7% | 13.2% | 2.9% | 1.3% | 10.2% | 19.4% | 33.0% | 26.9% | 2.4% | ||
| 1.82 | 3.82 | 2.42 | 12.10 | 6.34 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €3.1m | - | - | - | - |
| Mortgages, amount registered | €25,000 | - | - | - | - |
| €284,000 | - | - | - | - | |
| Carrying value of the mortgaged assets | €280,569 | - | - | - | - |
| Pledge on other assets, amount secured | €500,000 | - | - | - | - |
| Carrying value of the other pledged assets | €500,000 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €56,858 | €86,823 | €17,190 | €135,165 | €236,691 |
| Financial fixed assets | €8,888 | €23.6m | €60,920 | €754,308 | €88,182 |
| €89,421 | €135,658 | €67,506 | €73,541 | €92,466 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on THE WHITE MONKEY
The operating result for 2025 is 61% lower than in 2024.
Debt's share of the balance-sheet total rises from 9.6% to 17.2%. Equity and debt are higher.
Large changes and their cause
- 2025 Net result -99% on 2024. The 2024 profit included a one-off income of €21,300,900.
- 2024 Net result +70,340% on 2023. The 2024 profit included a one-off income of €21,300,900.