WHITE DYNAMICS: 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 DYNAMICS
Largest movements
- Receivables within one year -€6,111
no longer reported in 2025 (was €6,111)
- Cash +€4,140
up €4,140 (+86.3%), from €4,797 to €8,937
mainly Receivables within one year (+€6,111) and Trade debts (+€325)
- Tax, wage and social debts -€1,341
down €1,341 (-66.0%), from €2,032 to €691
- Profit (loss) carried forward -€952
down €952 (-41.6%), from €2,286 to €1,334
- Trade debts +€325
up €325 (+78.1%), from €416 to €741
- Gross operating margin -€7,887
down €7,887, from €7,497 to -€390
- Taxes -€439
no longer reported in 2025 (was €439)
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 | €10,998 | €9,027 | -€1,971 | -17.9% |
| Fixed assets | 21/28 | €90 | €90 | = | 0.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €10,908 | €8,937 | -€1,971 | -18.1% |
| Amounts receivable within one year | 40/41 | €6,111 | - | -€6,111 | |
| Trade receivables | 40 | €6,111 | - | -€6,111 | |
| Cash at bank and in hand | 54/58 | €4,797 | €8,937 | +€4,140 | +86.3% |
| Total equity and liabilities | 10/49 | €10,998 | €9,027 | -€1,971 | -17.9% |
| Equity | 10/15 | €8,486 | €7,534 | -€952 | -11.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,286 | €1,334 | -€952 | -41.6% |
| Amounts payable | 17/49 | €2,512 | €1,493 | -€1,019 | -40.6% |
| Amounts payable within one year | 42/48 | €2,512 | €1,493 | -€1,019 | -40.6% |
| Trade debts | 44 | €416 | €741 | +€325 | +78.1% |
| Suppliers | 440/4 | €416 | €741 | +€325 | +78.1% |
| Taxes, remuneration and social security | 45 | €2,032 | €691 | -€1,341 | -66.0% |
| Taxes | 450/3 | €2,032 | €691 | -€1,341 | -66.0% |
| Other amounts payable | 47/48 | €64 | €61 | -€3 | -4.7% |
| Other operating charges | 640/8 | €384 | €412 | +€28 | +7.3% |
| Non-recurring operating charges | 66A | €5,885 | - | -€5,885 | |
| Gross operating margin | 9900 | €7,497 | -€390 | -€7,887 | |
| Operating profit (loss) | 9901 | €1,228 | -€802 | -€2,030 | |
| Financial charges | 65/66B | €153 | €150 | -€3 | -2.0% |
| Recurring financial charges | 65 | €153 | €150 | -€3 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €1,075 | -€952 | -€2,027 | |
| Income taxes | 67/77 | €439 | - | -€439 | |
| Profit (loss) for the period | 9904 | €636 | -€952 | -€1,588 | |
| Profit (loss) for the period to be appropriated | 9905 | €636 | -€952 | -€1,588 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.