WHITE EAGELS RENOVATION: 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 EAGELS RENOVATION
Largest movements
- Tangible fixed assets -€16,231
down €16,231 (-73.5%), from €22,080 to €5,849
of which Furniture and vehicles: -€12,838
- Receivables within one year -€13,608
down €13,608 (-18.7%), from €72,961 to €59,353
of which Trade receivables: -€9,217
- Cash -€6,621
down €6,621 (-55.2%), from €12,000 to €5,379
- Profit (loss) carried forward -€23,674
down €23,674 (-74.2%), from €31,916 to €8,242
- Trade debts -€7,096
down €7,096 (-23.8%), from €29,796 to €22,700
- Other debts -€5,207
down €5,207 (-37.4%), from €13,911 to €8,704
- Tax, wage and social debts -€4,823
down €4,823 (-61.2%), from €7,877 to €3,054
- Reserves +€4,028
up €4,028 (+64.2%), from €6,278 to €10,306
of which Distributable reserves: +€4,029
- Gross operating margin -€30,938
down €30,938, from €21,042 to -€9,896
- Taxes -€3,198
down €3,198 (-66.0%), from €4,848 to €1,650
- Other operating charges +€856
up €856 (+54.6%), from €1,568 to €2,424
- Depreciation +€639
up €639 (+7.4%), from €8,643 to €9,282
- Financial charges +€269
up €269 (+125%), from €216 to €485
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,378 | €71,607 | -€36,771 | -33.9% |
| Fixed assets | 21/28 | €22,080 | €5,849 | -€16,231 | -73.5% |
| Tangible fixed assets | 22/27 | €22,080 | €5,849 | -€16,231 | -73.5% |
| Plant, machinery and equipment | 23 | €3,393 | - | -€3,393 | |
| Furniture and vehicles | 24 | €18,687 | €5,849 | -€12,838 | -68.7% |
| Current assets | 29/58 | €86,298 | €65,758 | -€20,540 | -23.8% |
| Amounts receivable within one year | 40/41 | €72,961 | €59,353 | -€13,608 | -18.7% |
| Trade receivables | 40 | €68,425 | €59,208 | -€9,217 | -13.5% |
| Other amounts receivable | 41 | €4,536 | €145 | -€4,391 | -96.8% |
| Cash at bank and in hand | 54/58 | €12,000 | €5,379 | -€6,621 | -55.2% |
| Deferred charges and accrued income | 490/1 | €1,337 | €1,026 | -€311 | -23.2% |
| Total equity and liabilities | 10/49 | €108,378 | €71,607 | -€36,771 | -33.9% |
| Equity | 10/15 | €56,794 | €37,149 | -€19,645 | -34.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,278 | €10,306 | +€4,028 | +64.2% |
| Non-distributable reserves | 130/1 | €408 | €408 | -€0 | -0.1% |
| Reserves not available under the articles | 1311 | €408 | €408 | -€0 | -0.1% |
| Distributable reserves | 133 | €5,870 | €9,899 | +€4,029 | +68.6% |
| Profit (loss) carried forward | 14 | €31,916 | €8,242 | -€23,674 | -74.2% |
| Amounts payable | 17/49 | €51,584 | €34,458 | -€17,126 | -33.2% |
| Amounts payable within one year | 42/48 | €51,584 | €34,458 | -€17,126 | -33.2% |
| Trade debts | 44 | €29,796 | €22,700 | -€7,096 | -23.8% |
| Suppliers | 440/4 | €29,796 | €22,700 | -€7,096 | -23.8% |
| Taxes, remuneration and social security | 45 | €7,877 | €3,054 | -€4,823 | -61.2% |
| Taxes | 450/3 | €7,877 | €3,054 | -€4,823 | -61.2% |
| Other amounts payable | 47/48 | €13,911 | €8,704 | -€5,207 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,643 | €9,282 | +€639 | +7.4% |
| Other operating charges | 640/8 | €1,568 | €2,424 | +€856 | +54.6% |
| Gross operating margin | 9900 | €21,042 | -€9,896 | -€30,938 | |
| Operating profit (loss) | 9901 | €10,831 | -€21,602 | -€32,433 | |
| Financial income | 75/76B | €103 | €63 | -€40 | -38.6% |
| Recurring financial income | 75 | €103 | €63 | -€40 | -38.6% |
| Financial charges | 65/66B | €216 | €485 | +€269 | +125% |
| Recurring financial charges | 65 | €216 | €485 | +€269 | +125% |
| Profit (loss) for the period before taxes | 9903 | €10,718 | -€22,024 | -€32,742 | |
| Income taxes | 67/77 | €4,848 | €1,650 | -€3,198 | -66.0% |
| Profit (loss) for the period | 9904 | €5,870 | -€23,674 | -€29,544 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,870 | -€23,674 | -€29,544 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.