White Arch: what changed
Two fiscal 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 Arch
Largest movements
- Tangible fixed assets -€10,055
down €10,055 (-23.5%), from €42,750 to €32,695
- Receivables within one year +€7,413
up €7,413 (+26.7%), from €27,792 to €35,205
of which Other amounts receivable: +€13,505
- Cash +€3,489
up €3,489 (+5.1%), from €68,361 to €71,851
mainly Net result for the year (+€37,798) and Depreciation (+€17,211)
- Reserves +€15,000
up €15,000 (+50.0%), from €30,000 to €45,000
- Tax, wage and social debts -€12,727
down €12,727 (-82.9%), from €15,346 to €2,619
- Other debts -€3,987
down €3,987 (-4.3%), from €93,722 to €89,735
- Profit (loss) carried forward +€2,798
up €2,798 (+390.5%), from €716 to €3,514
- Purchases and services +€46,406
up €46,406 (+149.1%), from €31,134 to €77,540
- Gross operating margin -€31,347
down €31,347 (-33.5%), from €93,691 to €62,344
- Turnover +€15,059
up €15,059 (+12.1%), from €124,825 to €139,883
- Depreciation -€9,795
down €9,795 (-36.3%), from €27,006 to €17,211
- Taxes -€4,510
down €4,510 (-40.1%), from €11,255 to €6,745
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 | €140,061 | €140,968 | +€908 | +0.6% |
| Fixed assets | 21/28 | €42,750 | €32,695 | -€10,055 | -23.5% |
| Tangible fixed assets | 22/27 | €42,750 | €32,695 | -€10,055 | -23.5% |
| Furniture and vehicles | 24 | €42,750 | €32,695 | -€10,055 | -23.5% |
| Current assets | 29/58 | €97,311 | €108,273 | +€10,962 | +11.3% |
| Amounts receivable within one year | 40/41 | €27,792 | €35,205 | +€7,413 | +26.7% |
| Trade receivables | 40 | €27,792 | €21,700 | -€6,092 | -21.9% |
| Other amounts receivable | 41 | - | €13,505 | +€13,505 | |
| Cash at bank and in hand | 54/58 | €68,361 | €71,851 | +€3,489 | +5.1% |
| Deferred charges and accrued income | 490/1 | €1,157 | €1,217 | +€60 | +5.2% |
| Total equity and liabilities | 10/49 | €140,061 | €140,968 | +€908 | +0.6% |
| Equity | 10/15 | €30,816 | €48,614 | +€17,798 | +57.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Distributable reserves | 133 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Profit (loss) carried forward | 14 | €716 | €3,514 | +€2,798 | +390.5% |
| Amounts payable | 17/49 | €109,244 | €92,354 | -€16,890 | -15.5% |
| Amounts payable within one year | 42/48 | €109,244 | €92,354 | -€16,890 | -15.5% |
| Trade debts | 44 | €176 | - | -€176 | |
| Suppliers | 440/4 | €176 | - | -€176 | |
| Taxes, remuneration and social security | 45 | €15,346 | €2,619 | -€12,727 | -82.9% |
| Taxes | 450/3 | €15,346 | €2,619 | -€12,727 | -82.9% |
| Other amounts payable | 47/48 | €93,722 | €89,735 | -€3,987 | -4.3% |
| Turnover | 70 | €124,825 | €139,883 | +€15,059 | +12.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €31,134 | €77,540 | +€46,406 | +149.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,006 | €17,211 | -€9,795 | -36.3% |
| Other operating charges | 640/8 | €4,651 | €539 | -€4,112 | -88.4% |
| Gross operating margin | 9900 | €93,691 | €62,344 | -€31,347 | -33.5% |
| Operating profit (loss) | 9901 | €62,034 | €44,593 | -€17,441 | -28.1% |
| Financial charges | 65/66B | €63 | €50 | -€12 | -19.8% |
| Recurring financial charges | 65 | €63 | €50 | -€12 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €61,972 | €44,543 | -€17,428 | -28.1% |
| Income taxes | 67/77 | €11,255 | €6,745 | -€4,510 | -40.1% |
| Profit (loss) for the period | 9904 | €50,716 | €37,798 | -€12,918 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,716 | €37,798 | -€12,918 | -25.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.