White & Care: 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 & Care
Largest movements
- Receivables within one year +€251,380
up €251,380 (+712%), from €35,284 to €286,664
of which Trade receivables: +€239,781
- Tangible fixed assets -€158,722
down €158,722 (-14.2%), from €1.1m to €956,662
of which Leasing and similar rights: -€81,837
- Cash +€86,678
up €86,678 (+106%), from €81,393 to €168,071
mainly Trade debts (+€195,612) and Depreciation (+€158,722)
- Financial fixed assets -€20,000
down €20,000 (-100%), from €20,000 to €0
- Trade debts +€195,612
up €195,612 (+99.5%), from €196,557 to €392,169
- Debts after one year -€135,133
down €135,133 (-18.3%), from €737,021 to €601,888
of which Financial debts: -€135,133
- Profit (loss) carried forward +€103,130
up €103,130, from -€4,287 to €98,843
- Tax, wage and social debts -€23,917
down €23,917 (-35.3%), from €67,807 to €43,891
of which Taxes: -€21,137
- Accrued charges and deferred income +€15,617
up €15,617 (+10.3%), from €152,178 to €167,795
- Gross operating margin +€343,499
up €343,499 (+124%), from €276,323 to €619,822
- Depreciation +€44,928
up €44,928 (+39.5%), from €113,794 to €158,722
- Staff costs +€42,610
up €42,610 (+18.0%), from €236,150 to €278,760
- Financial charges +€13,913
up €13,913 (+31.7%), from €43,890 to €57,803
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 | €1,341,911 | €1,509,425 | +€167,514 | +12.5% |
| Fixed assets | 21/28 | €1,135,384 | €956,662 | -€178,722 | -15.7% |
| Tangible fixed assets | 22/27 | €1,115,384 | €956,662 | -€158,722 | -14.2% |
| Plant, machinery and equipment | 23 | €8,211 | €3,879 | -€4,332 | -52.8% |
| Furniture and vehicles | 24 | €20,018 | €12,793 | -€7,225 | -36.1% |
| Leasing and similar rights | 25 | €477,295 | €395,458 | -€81,837 | -17.1% |
| Other tangible fixed assets | 26 | €609,860 | €544,532 | -€65,328 | -10.7% |
| Financial fixed assets | 28 | €20,000 | €0 | -€20,000 | -100% |
| Current assets | 29/58 | €206,527 | €552,763 | +€346,236 | +168% |
| Stocks and contracts in progress | 3 | €18,261 | €26,941 | +€8,680 | +47.5% |
| Stocks | 30/36 | €18,261 | €26,941 | +€8,680 | +47.5% |
| Amounts receivable within one year | 40/41 | €35,284 | €286,664 | +€251,380 | +712% |
| Trade receivables | 40 | €12,408 | €252,189 | +€239,781 | +1,932% |
| Other amounts receivable | 41 | €22,876 | €34,475 | +€11,598 | +50.7% |
| Cash at bank and in hand | 54/58 | €81,393 | €168,071 | +€86,678 | +106% |
| Deferred charges and accrued income | 490/1 | €71,588 | €71,087 | -€501 | -0.7% |
| Total equity and liabilities | 10/49 | €1,341,911 | €1,509,425 | +€167,514 | +12.5% |
| Equity | 10/15 | €45,713 | €148,843 | +€103,130 | +226% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,287 | €98,843 | +€103,130 | |
| Amounts payable | 17/49 | €1,296,198 | €1,360,582 | +€64,384 | +5.0% |
| Amounts payable after more than one year | 17 | €737,021 | €601,888 | -€135,133 | -18.3% |
| Financial debts | 170/4 | €737,021 | €601,888 | -€135,133 | -18.3% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €406,999 | €590,899 | +€183,900 | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €133,480 | €140,230 | +€6,749 | +5.1% |
| Trade debts | 44 | €196,557 | €392,169 | +€195,612 | +99.5% |
| Suppliers | 440/4 | €196,557 | €392,169 | +€195,612 | +99.5% |
| Taxes, remuneration and social security | 45 | €67,807 | €43,891 | -€23,917 | -35.3% |
| Taxes | 450/3 | €39,823 | €18,686 | -€21,137 | -53.1% |
| Remuneration and social security | 454/9 | €27,984 | €25,204 | -€2,780 | -9.9% |
| Other amounts payable | 47/48 | €9,154 | €14,610 | +€5,456 | +59.6% |
| Accrued charges and deferred income | 492/3 | €152,178 | €167,795 | +€15,617 | +10.3% |
| Remuneration, social security and pensions | 62 | €236,150 | €278,760 | +€42,610 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,794 | €158,722 | +€44,928 | +39.5% |
| Other operating charges | 640/8 | €16,544 | €22,222 | +€5,678 | +34.3% |
| Gross operating margin | 9900 | €276,323 | €619,822 | +€343,499 | +124% |
| Operating profit (loss) | 9901 | -€90,164 | €160,118 | +€250,282 | |
| Financial income | 75/76B | €1,347 | €1,707 | +€360 | +26.7% |
| Recurring financial income | 75 | €1,347 | €1,707 | +€360 | +26.7% |
| Financial charges | 65/66B | €43,890 | €57,803 | +€13,913 | +31.7% |
| Recurring financial charges | 65 | €43,890 | €57,803 | +€13,913 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | -€132,708 | €104,021 | +€236,729 | |
| Income taxes | 67/77 | €769 | €892 | +€123 | +16.0% |
| Profit (loss) for the period | 9904 | -€133,476 | €103,130 | +€236,606 | |
| Profit (loss) for the period to be appropriated | 9905 | -€133,476 | €103,130 | +€236,606 |
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 20 October 2026 via checked.be.