DEEPWHITE: 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.
DEEPWHITE
Largest movements
- Receivables within one year +€23,448
up €23,448 (+75.1%), from €31,205 to €54,653
of which Trade receivables: +€24,882
- Deferred charges and accrued income +€14,631
up €14,631 (+353.1%), from €4,144 to €18,776
- Tangible fixed assets -€10,244
down €10,244 (-26.7%), from €38,408 to €28,164
of which Furniture and vehicles: -€9,860
- Current investments -€9,928
down €9,928 (-49.6%), from €20,027 to €10,100
- Trade debts +€17,368
up €17,368 (+112.2%), from €15,474 to €32,842
- Debts after one year -€3,961
down €3,961 (-11.3%), from €35,201 to €31,241
- Tax, wage and social debts +€3,350
up €3,350 (+46.8%), from €7,163 to €10,514
of which Taxes: +€1,742
- Profit (loss) carried forward +€1,586
up €1,586 (+4.3%), from -€36,632 to -€35,046
- Gross operating margin +€15,176
up €15,176, from -€1,825 to €13,351
- Depreciation +€1,183
up €1,183 (+13.1%), from €9,062 to €10,244
- Other operating charges -€642
down €642 (-54.8%), from €1,170 to €528
- Financial charges -€203
down €203 (-18.4%), from €1,102 to €899
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.
Cash bridge derived
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 | €103,082 | €121,606 | +€18,525 | +18.0% |
| Fixed assets | 21/28 | €38,458 | €28,214 | -€10,244 | -26.6% |
| Tangible fixed assets | 22/27 | €38,408 | €28,164 | -€10,244 | -26.7% |
| Furniture and vehicles | 24 | €36,987 | €27,127 | -€9,860 | -26.7% |
| Other tangible fixed assets | 26 | €1,421 | €1,037 | -€385 | -27.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €64,624 | €93,393 | +€28,769 | +44.5% |
| Amounts receivable within one year | 40/41 | €31,205 | €54,653 | +€23,448 | +75.1% |
| Trade receivables | 40 | €29,771 | €54,653 | +€24,882 | +83.6% |
| Other amounts receivable | 41 | €1,434 | - | -€1,434 | |
| Current investments | 50/53 | €20,027 | €10,100 | -€9,928 | -49.6% |
| Cash at bank and in hand | 54/58 | €9,247 | €9,864 | +€617 | +6.7% |
| Deferred charges and accrued income | 490/1 | €4,144 | €18,776 | +€14,631 | +353.1% |
| Total equity and liabilities | 10/49 | €103,082 | €121,606 | +€18,525 | +18.0% |
| Equity | 10/15 | €41,463 | €43,050 | +€1,586 | +3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,895 | €71,895 | = | 0.0% |
| Distributable reserves | 133 | €71,895 | €71,895 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,632 | -€35,046 | +€1,586 | +4.3% |
| Amounts payable | 17/49 | €61,619 | €78,557 | +€16,938 | +27.5% |
| Amounts payable after more than one year | 17 | €35,201 | €31,241 | -€3,961 | -11.3% |
| Financial debts | 170/4 | €35,201 | €31,241 | -€3,961 | -11.3% |
| Amounts payable within one year | 42/48 | €26,418 | €47,316 | +€20,899 | +79.1% |
| Current portion of amounts payable after more than one year | 42 | €3,780 | €3,961 | +€180 | +4.8% |
| Trade debts | 44 | €15,474 | €32,842 | +€17,368 | +112.2% |
| Suppliers | 440/4 | €15,474 | €32,842 | +€17,368 | +112.2% |
| Taxes, remuneration and social security | 45 | €7,163 | €10,514 | +€3,350 | +46.8% |
| Taxes | 450/3 | €7,163 | €8,905 | +€1,742 | +24.3% |
| Remuneration and social security | 454/9 | - | €1,609 | +€1,609 | |
| Non-recurring operating income | 76A | €5,500 | - | -€5,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,062 | €10,244 | +€1,183 | +13.1% |
| Other operating charges | 640/8 | €1,170 | €528 | -€642 | -54.8% |
| Gross operating margin | 9900 | -€1,825 | €13,351 | +€15,176 | |
| Operating profit (loss) | 9901 | -€12,057 | €2,578 | +€14,635 | |
| Financial income | 75/76B | €39 | €103 | +€65 | +166.0% |
| Recurring financial income | 75 | €39 | €103 | +€65 | +166.0% |
| Financial charges | 65/66B | €1,102 | €899 | -€203 | -18.4% |
| Recurring financial charges | 65 | €1,102 | €899 | -€203 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,120 | €1,782 | +€14,903 | |
| Income taxes | 67/77 | €274 | €196 | -€78 | -28.4% |
| Profit (loss) for the period | 9904 | -€13,394 | €1,586 | +€14,980 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,394 | €1,586 | +€14,980 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.