White Arch Immo: 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 Arch Immo
Largest movements
- Tangible fixed assets -€53,171
down €53,171 (-3.0%), from €1.8m to €1.7m
of which Land and buildings: -€53,171
- Other debts +€280,256
up €280,256 (+59.9%), from €468,024 to €748,280
- Trade debts -€230,278
down €230,278 (-99.9%), from €230,489 to €211
- Profit (loss) carried forward -€69,645
down €69,645 (-35.5%), from -€196,005 to -€265,651
- Debts after one year -€34,088
down €34,088 (-5.3%), from €642,611 to €608,523
- Gross operating margin -€3,901
down €3,901 (-275%), from -€1,417 to -€5,318
- Depreciation +€2,913
up €2,913 (+5.8%), from €50,258 to €53,171
- Financial charges -€460
down €460 (-4.4%), from €10,409 to €9,949
- Other operating charges +€134
up €134 (+12.5%), from €1,073 to €1,208
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 | €1,780,575 | €1,727,318 | -€53,257 | -3.0% |
| Fixed assets | 21/28 | €1,780,454 | €1,727,283 | -€53,171 | -3.0% |
| Tangible fixed assets | 22/27 | €1,780,454 | €1,727,283 | -€53,171 | -3.0% |
| Land and buildings | 22 | €1,754,354 | €1,701,183 | -€53,171 | -3.0% |
| Furniture and vehicles | 24 | €26,100 | €26,100 | = | 0.0% |
| Current assets | 29/58 | €121 | €35 | -€86 | -71.0% |
| Cash at bank and in hand | 54/58 | €121 | €35 | -€86 | -71.0% |
| Total equity and liabilities | 10/49 | €1,780,575 | €1,727,318 | -€53,257 | -3.0% |
| Equity | 10/15 | €403,995 | €334,350 | -€69,645 | -17.2% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€196,005 | -€265,651 | -€69,645 | -35.5% |
| Amounts payable | 17/49 | €1,376,580 | €1,392,969 | +€16,389 | +1.2% |
| Amounts payable after more than one year | 17 | €642,611 | €608,523 | -€34,088 | -5.3% |
| Financial debts | 170/4 | €642,611 | €608,523 | -€34,088 | -5.3% |
| Amounts payable within one year | 42/48 | €732,104 | €782,579 | +€50,475 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €33,591 | €34,088 | +€497 | +1.5% |
| Trade debts | 44 | €230,489 | €211 | -€230,278 | -99.9% |
| Suppliers | 440/4 | €230,489 | €211 | -€230,278 | -99.9% |
| Other amounts payable | 47/48 | €468,024 | €748,280 | +€280,256 | +59.9% |
| Accrued charges and deferred income | 492/3 | €1,866 | €1,867 | +€1 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,258 | €53,171 | +€2,913 | +5.8% |
| Other operating charges | 640/8 | €1,073 | €1,208 | +€134 | +12.5% |
| Gross operating margin | 9900 | -€1,417 | -€5,318 | -€3,901 | -275% |
| Operating profit (loss) | 9901 | -€52,748 | -€59,696 | -€6,948 | -13.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €10,409 | €9,949 | -€460 | -4.4% |
| Recurring financial charges | 65 | €10,409 | €9,949 | -€460 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€63,157 | -€69,645 | -€6,488 | -10.3% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€63,157 | -€69,645 | -€6,488 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,157 | -€69,645 | -€6,488 | -10.3% |
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 16 October 2026 via checked.be.