WHITE ALCES CONSULTING: 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.
WHITE ALCES CONSULTING
Largest movements
- Cash +€199,631
up €199,631 (+77.5%), from €257,504 to €457,134
mainly Net result for the year (+€250,197) and Tax, wage and social debts (+€92,545)
- Receivables within one year +€32,976
up €32,976 (+29.9%), from €110,372 to €143,348
of which Trade receivables: +€23,267
- Financial fixed assets +€10,000
up €10,000 (+358%), from €2,790 to €12,790
- Reserves +€250,000
up €250,000 (+92.6%), from €270,000 to €520,000
- Advances received -€95,539
no longer reported in 2025 (was €95,539)
- Tax, wage and social debts +€92,545
up €92,545 (+279%), from €33,194 to €125,739
- Gross operating margin +€202,160
up €202,160 (+138%), from €146,113 to €348,273
- Taxes +€60,978
up €60,978 (+186%), from €32,844 to €93,822
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 | €418,681 | €658,622 | +€239,941 | +57.3% |
| Fixed assets | 21/28 | €11,805 | €19,140 | +€7,335 | +62.1% |
| Tangible fixed assets | 22/27 | €9,015 | €6,350 | -€2,665 | -29.6% |
| Furniture and vehicles | 24 | €9,015 | €6,350 | -€2,665 | -29.6% |
| Financial fixed assets | 28 | €2,790 | €12,790 | +€10,000 | +358% |
| Current assets | 29/58 | €406,876 | €639,482 | +€232,606 | +57.2% |
| Amounts receivable within one year | 40/41 | €110,372 | €143,348 | +€32,976 | +29.9% |
| Trade receivables | 40 | €105,539 | €128,806 | +€23,267 | +22.0% |
| Other amounts receivable | 41 | €4,833 | €14,542 | +€9,709 | +201% |
| Current investments | 50/53 | €39,000 | €39,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €257,504 | €457,134 | +€199,631 | +77.5% |
| Total equity and liabilities | 10/49 | €418,681 | €658,622 | +€239,941 | +57.3% |
| Equity | 10/15 | €273,784 | €523,981 | +€250,197 | +91.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €270,000 | €520,000 | +€250,000 | +92.6% |
| Distributable reserves | 133 | €270,000 | €520,000 | +€250,000 | +92.6% |
| Profit (loss) carried forward | 14 | €784 | €981 | +€197 | +25.1% |
| Amounts payable | 17/49 | €144,897 | €134,641 | -€10,256 | -7.1% |
| Amounts payable within one year | 42/48 | €144,897 | €134,641 | -€10,256 | -7.1% |
| Trade debts | 44 | €14,964 | €8,902 | -€6,062 | -40.5% |
| Suppliers | 440/4 | €14,964 | €8,902 | -€6,062 | -40.5% |
| Advances received on contracts in progress | 46 | €95,539 | - | -€95,539 | |
| Taxes, remuneration and social security | 45 | €33,194 | €125,739 | +€92,545 | +279% |
| Taxes | 450/3 | €33,194 | €125,739 | +€92,545 | +279% |
| Other amounts payable | 47/48 | €1,200 | - | -€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €676 | €2,665 | +€1,989 | +294% |
| Other operating charges | 640/8 | €972 | €64 | -€908 | -93.4% |
| Gross operating margin | 9900 | €146,113 | €348,273 | +€202,160 | +138% |
| Operating profit (loss) | 9901 | €144,465 | €345,544 | +€201,079 | +139% |
| Financial charges | 65/66B | €627 | €1,525 | +€899 | +143% |
| Recurring financial charges | 65 | €627 | €1,525 | +€899 | +143% |
| Profit (loss) for the period before taxes | 9903 | €143,838 | €344,019 | +€200,181 | +139% |
| Income taxes | 67/77 | €32,844 | €93,822 | +€60,978 | +186% |
| Profit (loss) for the period | 9904 | €110,994 | €250,197 | +€139,203 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €110,994 | €250,197 | +€139,203 | +125% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.