BLACK & WHITE LIMOUSINES: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BLACK & WHITE LIMOUSINES
Largest movements
- Tangible fixed assets -€4,289
down €4,289 (-41.9%), from €10,229 to €5,940
of which Furniture and vehicles: -€3,960
- Receivables within one year +€2,368
up €2,368 (+243%), from €974 to €3,342
of which Trade receivables: +€2,205
- Advances received +€4,430
new in 2025: €4,430
- Trade debts -€4,380
down €4,380 (-95.1%), from €4,603 to €223
- Profit (loss) carried forward -€1,963
down €1,963 (-27.6%), from €7,103 to €5,140
- Depreciation -€2,570
down €2,570 (-37.5%), from €6,859 to €4,289
- Gross operating margin -€2,128
down €2,128 (-29.0%), from €7,347 to €5,219
- Taxes -€693
down €693 (-40.0%), from €1,735 to €1,042
- Other operating charges +€598
up €598 (+69.3%), from €863 to €1,461
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,827 | €9,890 | -€1,938 | -16.4% |
| Fixed assets | 21/28 | €10,229 | €5,940 | -€4,289 | -41.9% |
| Tangible fixed assets | 22/27 | €10,229 | €5,940 | -€4,289 | -41.9% |
| Plant, machinery and equipment | 23 | €329 | - | -€329 | |
| Furniture and vehicles | 24 | €9,900 | €5,940 | -€3,960 | -40.0% |
| Current assets | 29/58 | €1,598 | €3,950 | +€2,351 | +147% |
| Amounts receivable within one year | 40/41 | €974 | €3,342 | +€2,368 | +243% |
| Trade receivables | 40 | - | €2,205 | +€2,205 | |
| Other amounts receivable | 41 | €974 | €1,137 | +€163 | +16.7% |
| Cash at bank and in hand | 54/58 | €625 | €608 | -€17 | -2.7% |
| Total equity and liabilities | 10/49 | €11,827 | €9,890 | -€1,938 | -16.4% |
| Equity | 10/15 | €7,103 | €5,140 | -€1,963 | -27.6% |
| Profit (loss) carried forward | 14 | €7,103 | €5,140 | -€1,963 | -27.6% |
| Amounts payable | 17/49 | €4,724 | €4,749 | +€26 | +0.5% |
| Amounts payable within one year | 42/48 | €4,724 | €4,749 | +€26 | +0.5% |
| Trade debts | 44 | €4,603 | €223 | -€4,380 | -95.1% |
| Suppliers | 440/4 | €4,603 | €223 | -€4,380 | -95.1% |
| Advances received on contracts in progress | 46 | - | €4,430 | +€4,430 | |
| Taxes, remuneration and social security | 45 | €121 | €96 | -€24 | -20.3% |
| Taxes | 450/3 | €121 | €96 | -€24 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,859 | €4,289 | -€2,570 | -37.5% |
| Other operating charges | 640/8 | €863 | €1,461 | +€598 | +69.3% |
| Gross operating margin | 9900 | €7,347 | €5,219 | -€2,128 | -29.0% |
| Operating profit (loss) | 9901 | -€375 | -€532 | -€157 | -41.8% |
| Financial charges | 65/66B | €432 | €390 | -€42 | -9.8% |
| Recurring financial charges | 65 | €432 | €390 | -€42 | -9.8% |
| Non-recurring financial charges | 66B | €432 | €390 | -€42 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€807 | -€922 | -€114 | -14.2% |
| Income taxes | 67/77 | €1,735 | €1,042 | -€693 | -40.0% |
| Profit (loss) for the period | 9904 | -€2,542 | -€1,963 | +€579 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,542 | -€1,963 | +€579 | +22.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.