WHITE DOTS: 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 DOTS
Largest movements
- Receivables within one year -€10,132
down €10,132 (-50.4%), from €20,093 to €9,960
- Cash +€1,239
up €1,239 (+40.3%), from €3,074 to €4,314
mainly Receivables within one year (+€10,132) and Other debts (+€9,256)
- Stocks and contracts +€608
new in 2025: €608
- Profit (loss) carried forward -€13,990
down €13,990 (-73.7%), from -€18,981 to -€32,971
- Other debts +€9,256
up €9,256 (+99.9%), from €9,261 to €18,518
- Trade debts -€1,843
down €1,843 (-20.9%), from €8,835 to €6,992
- Tax, wage and social debts -€1,676
down €1,676 (-60.7%), from €2,763 to €1,087
- Gross operating margin -€15,339
down €15,339, from €2,714 to -€12,625
- Taxes -€2,281
down €2,281, from €1,403 to -€878
- Other operating charges +€479
up €479 (+107.7%), from €444 to €923
- Financial income +€477
up €477 (+56.0%), from €852 to €1,329
of which Non-recurring financial income: +€502
- Depreciation -€256
down €256 (-10.3%), from €2,487 to €2,231
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 | €27,349 | €19,096 | -€8,253 | -30.2% |
| Fixed assets | 21/28 | €4,011 | €4,038 | +€27 | +0.7% |
| Tangible fixed assets | 22/27 | €3,751 | €3,778 | +€27 | +0.7% |
| Furniture and vehicles | 24 | €3,751 | €3,778 | +€27 | +0.7% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €23,338 | €15,058 | -€8,280 | -35.5% |
| Stocks and contracts in progress | 3 | - | €608 | +€608 | |
| Stocks | 30/36 | - | €608 | +€608 | |
| Amounts receivable within one year | 40/41 | €20,093 | €9,960 | -€10,132 | -50.4% |
| Trade receivables | 40 | €20,093 | €9,960 | -€10,132 | -50.4% |
| Cash at bank and in hand | 54/58 | €3,074 | €4,314 | +€1,239 | +40.3% |
| Deferred charges and accrued income | 490/1 | €170 | €176 | +€5 | +3.2% |
| Total equity and liabilities | 10/49 | €27,349 | €19,096 | -€8,253 | -30.2% |
| Equity | 10/15 | €6,489 | -€7,501 | -€13,990 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,271 | €19,271 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,411 | €17,411 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,981 | -€32,971 | -€13,990 | -73.7% |
| Amounts payable | 17/49 | €20,859 | €26,597 | +€5,737 | +27.5% |
| Amounts payable within one year | 42/48 | €20,859 | €26,597 | +€5,737 | +27.5% |
| Trade debts | 44 | €8,835 | €6,992 | -€1,843 | -20.9% |
| Suppliers | 440/4 | €8,835 | €6,992 | -€1,843 | -20.9% |
| Taxes, remuneration and social security | 45 | €2,763 | €1,087 | -€1,676 | -60.7% |
| Taxes | 450/3 | €2,763 | €1,087 | -€1,676 | -60.7% |
| Other amounts payable | 47/48 | €9,261 | €18,518 | +€9,256 | +99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,487 | €2,231 | -€256 | -10.3% |
| Other operating charges | 640/8 | €444 | €923 | +€479 | +107.7% |
| Non-recurring operating charges | 66A | - | €11 | +€11 | |
| Gross operating margin | 9900 | €2,714 | -€12,625 | -€15,339 | |
| Operating profit (loss) | 9901 | -€217 | -€15,789 | -€15,572 | -7163.5% |
| Financial income | 75/76B | €852 | €1,329 | +€477 | +56.0% |
| Recurring financial income | 75 | €54 | €29 | -€25 | -46.9% |
| Non-recurring financial income | 76B | €798 | €1,300 | +€502 | +62.9% |
| Financial charges | 65/66B | €458 | €407 | -€51 | -11.1% |
| Recurring financial charges | 65 | €458 | €407 | -€51 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €177 | -€14,868 | -€15,044 | |
| Income taxes | 67/77 | €1,403 | -€878 | -€2,281 | |
| Profit (loss) for the period | 9904 | -€1,226 | -€13,990 | -€12,764 | -1040.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,226 | -€13,990 | -€12,764 | -1040.7% |
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 2 October 2026 via checked.be.