White Consult: 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 Consult
Largest movements
- Cash +€102,115
up €102,115 (+162.9%), from €62,699 to €164,814
mainly Net result for the year (+€114,105) and Receivables after one year (+€77,945)
- Receivables after one year -€77,945
no longer reported in 2025 (was €77,945)
- Tangible fixed assets -€32,578
down €32,578 (-5.8%), from €566,466 to €533,888
of which Land and buildings: -€26,094
- Receivables within one year +€27,171
up €27,171 (+52.6%), from €51,661 to €78,832
of which Other amounts receivable: +€16,719
- Debts after one year -€42,047
down €42,047 (-11.1%), from €377,621 to €335,574
- Other debts +€41,000
up €41,000 (+91.1%), from €45,000 to €86,000
- Reserves +€28,000
up €28,000 (+9.9%), from €282,860 to €310,860
- Tax, wage and social debts -€12,605
down €12,605 (-69.6%), from €18,105 to €5,500
of which Taxes: -€12,605
- Gross operating margin +€109,324
up €109,324 (+107.0%), from €102,166 to €211,490
- Taxes +€34,099
up €34,099 (+208.5%), from €16,355 to €50,454
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 | €833,749 | €852,894 | +€19,145 | +2.3% |
| Fixed assets | 21/28 | €566,466 | €533,888 | -€32,578 | -5.8% |
| Tangible fixed assets | 22/27 | €566,466 | €533,888 | -€32,578 | -5.8% |
| Land and buildings | 22 | €546,773 | €520,679 | -€26,094 | -4.8% |
| Plant, machinery and equipment | 23 | €2,064 | €1,400 | -€664 | -32.2% |
| Furniture and vehicles | 24 | €17,629 | €11,809 | -€5,820 | -33.0% |
| Current assets | 29/58 | €267,283 | €319,006 | +€51,723 | +19.4% |
| Amounts receivable after more than one year | 29 | €77,945 | - | -€77,945 | |
| Other amounts receivable | 291 | €77,945 | - | -€77,945 | |
| Amounts receivable within one year | 40/41 | €51,661 | €78,832 | +€27,171 | +52.6% |
| Trade receivables | 40 | €29,948 | €40,400 | +€10,452 | +34.9% |
| Other amounts receivable | 41 | €21,713 | €38,432 | +€16,719 | +77.0% |
| Current investments | 50/53 | €74,978 | €73,789 | -€1,189 | -1.6% |
| Cash at bank and in hand | 54/58 | €62,699 | €164,814 | +€102,115 | +162.9% |
| Deferred charges and accrued income | 490/1 | - | €1,571 | +€1,571 | |
| Total equity and liabilities | 10/49 | €833,749 | €852,894 | +€19,145 | +2.3% |
| Equity | 10/15 | €351,722 | €379,828 | +€28,106 | +8.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €282,860 | €310,860 | +€28,000 | +9.9% |
| Distributable reserves | 133 | €282,860 | €310,860 | +€28,000 | +9.9% |
| Profit (loss) carried forward | 14 | €56,462 | €56,568 | +€106 | +0.2% |
| Amounts payable | 17/49 | €482,027 | €473,066 | -€8,961 | -1.9% |
| Amounts payable after more than one year | 17 | €377,621 | €335,574 | -€42,047 | -11.1% |
| Financial debts | 170/4 | €377,621 | €335,574 | -€42,047 | -11.1% |
| Amounts payable within one year | 42/48 | €104,406 | €135,929 | +€31,523 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €41,157 | €42,047 | +€890 | +2.2% |
| Trade debts | 44 | €144 | €2,382 | +€2,238 | +1554.2% |
| Suppliers | 440/4 | €144 | €2,382 | +€2,238 | +1554.2% |
| Taxes, remuneration and social security | 45 | €18,105 | €5,500 | -€12,605 | -69.6% |
| Taxes | 450/3 | €16,105 | €3,500 | -€12,605 | -78.3% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €45,000 | €86,000 | +€41,000 | +91.1% |
| Accrued charges and deferred income | 492/3 | - | €1,563 | +€1,563 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,668 | €32,578 | +€910 | +2.9% |
| Other operating charges | 640/8 | €3,814 | €5,834 | +€2,020 | +53.0% |
| Gross operating margin | 9900 | €102,166 | €211,490 | +€109,324 | +107.0% |
| Operating profit (loss) | 9901 | €66,684 | €173,078 | +€106,394 | +159.5% |
| Financial income | 75/76B | €980 | €724 | -€256 | -26.1% |
| Recurring financial income | 75 | €980 | €724 | -€256 | -26.1% |
| Financial charges | 65/66B | €8,047 | €9,243 | +€1,196 | +14.9% |
| Recurring financial charges | 65 | €8,047 | €9,243 | +€1,196 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €59,617 | €164,559 | +€104,942 | +176.0% |
| Income taxes | 67/77 | €16,355 | €50,454 | +€34,099 | +208.5% |
| Profit (loss) for the period | 9904 | €43,262 | €114,105 | +€70,843 | +163.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,262 | €114,105 | +€70,843 | +163.8% |
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 3 October 2026 via checked.be.