WHITE ATRIUM: 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 ATRIUM
Largest movements
- Cash +€268,893
up €268,893 (+17.5%), from €1.5m to €1.8m
mainly Trade debts (+€229,702) and Advances received (+€153,209)
- Tangible fixed assets -€190,214
no longer reported in 2025 (was €190,214)
- Financial fixed assets +€40,000
up €40,000 (+2.4%), from €1.6m to €1.7m
- Profit (loss) carried forward -€282,014
down €282,014 (-19.5%), from -€1.4m to -€1.7m
- Trade debts +€229,702
up €229,702 (+140.7%), from €163,248 to €392,950
- Advances received +€153,209
new in 2025: €153,209
- Short-term financial debts -€47,817
down €47,817 (-7.6%), from €626,135 to €578,319
- Other debts +€43,750
up €43,750 (+1.4%), from €3.0m to €3.1m
- Gross operating margin -€417,116
down €417,116 (-60.7%), from €686,854 to €269,738
- Other operating charges +€355,149
up €355,149 (+1021.0%), from €34,785 to €389,934
- Depreciation -€17,116
no longer reported in 2025 (was €17,116)
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 | €3,413,230 | €3,520,060 | +€106,829 | +3.1% |
| Fixed assets | 21/28 | €1,828,099 | €1,677,885 | -€150,214 | -8.2% |
| Tangible fixed assets | 22/27 | €190,214 | - | -€190,214 | |
| Other tangible fixed assets | 26 | €190,214 | - | -€190,214 | |
| Financial fixed assets | 28 | €1,637,885 | €1,677,885 | +€40,000 | +2.4% |
| Current assets | 29/58 | €1,585,132 | €1,842,175 | +€257,043 | +16.2% |
| Amounts receivable within one year | 40/41 | €29,684 | €18,834 | -€10,850 | -36.6% |
| Trade receivables | 40 | €26,883 | - | -€26,883 | |
| Other amounts receivable | 41 | €2,801 | €18,834 | +€16,033 | +572.4% |
| Cash at bank and in hand | 54/58 | €1,539,448 | €1,808,340 | +€268,893 | +17.5% |
| Deferred charges and accrued income | 490/1 | €16,000 | €15,000 | -€1,000 | -6.3% |
| Total equity and liabilities | 10/49 | €3,413,230 | €3,520,060 | +€106,829 | +3.1% |
| Equity | 10/15 | -€443,503 | -€725,518 | -€282,014 | -63.6% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,443,503 | -€1,725,518 | -€282,014 | -19.5% |
| Amounts payable | 17/49 | €3,856,734 | €4,245,577 | +€388,844 | +10.1% |
| Amounts payable within one year | 42/48 | €3,826,734 | €4,205,577 | +€378,844 | +9.9% |
| Financial debts | 43 | €626,135 | €578,319 | -€47,817 | -7.6% |
| Credit institutions | 430/8 | €626,135 | €578,319 | -€47,817 | -7.6% |
| Trade debts | 44 | €163,248 | €392,950 | +€229,702 | +140.7% |
| Suppliers | 440/4 | €163,248 | €392,950 | +€229,702 | +140.7% |
| Advances received on contracts in progress | 46 | - | €153,209 | +€153,209 | |
| Other amounts payable | 47/48 | €3,037,350 | €3,081,100 | +€43,750 | +1.4% |
| Accrued charges and deferred income | 492/3 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Non-recurring operating income | 76A | - | €17,116 | +€17,116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,116 | - | -€17,116 | |
| Other operating charges | 640/8 | €34,785 | €389,934 | +€355,149 | +1021.0% |
| Gross operating margin | 9900 | €686,854 | €269,738 | -€417,116 | -60.7% |
| Operating profit (loss) | 9901 | €634,953 | -€120,196 | -€755,149 | |
| Financial charges | 65/66B | €161,596 | €161,818 | +€222 | +0.1% |
| Recurring financial charges | 65 | €161,596 | €161,818 | +€222 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €473,357 | -€282,014 | -€755,371 | |
| Profit (loss) for the period | 9904 | €473,357 | -€282,014 | -€755,371 | |
| Profit (loss) for the period to be appropriated | 9905 | €473,357 | -€282,014 | -€755,371 |
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 11 October 2026 via checked.be.