White Field Development: 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 Field Development
Largest movements
- Cash +€77,930
up €77,930 (+31.6%), from €246,753 to €324,683
mainly Net result for the year (+€169,620) and Receivables within one year (+€34,997)
- Receivables within one year -€34,997
down €34,997 (-3.2%), from €1.1m to €1.1m
of which Other amounts receivable: -€50,192
- Reserves +€94,620
up €94,620 (+8.4%), from €1.1m to €1.2m
of which Distributable reserves: +€94,620
- Other debts -€55,000
down €55,000 (-42.3%), from €130,000 to €75,000
- Gross operating margin -€162,806
down €162,806 (-50.1%), from €324,676 to €161,870
- Financial income +€21,415
up €21,415 (+107.1%), from €20,000 to €41,415
- Taxes -€20,779
down €20,779 (-39.9%), from €52,140 to €31,361
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 | €1,342,097 | €1,382,480 | +€40,383 | +3.0% |
| Fixed assets | 21/28 | €771 | €771 | = | 0.0% |
| Tangible fixed assets | 22/27 | €771 | €771 | = | 0.0% |
| Land and buildings | 22 | €771 | €771 | = | 0.0% |
| Current assets | 29/58 | €1,341,326 | €1,381,709 | +€40,383 | +3.0% |
| Amounts receivable within one year | 40/41 | €1,092,024 | €1,057,027 | -€34,997 | -3.2% |
| Trade receivables | 40 | €20,000 | €35,195 | +€15,195 | +76.0% |
| Other amounts receivable | 41 | €1,072,024 | €1,021,832 | -€50,192 | -4.7% |
| Cash at bank and in hand | 54/58 | €246,753 | €324,683 | +€77,930 | +31.6% |
| Deferred charges and accrued income | 490/1 | €2,550 | €0 | -€2,550 | -100.0% |
| Total equity and liabilities | 10/49 | €1,342,097 | €1,382,480 | +€40,383 | +3.0% |
| Equity | 10/15 | €1,194,202 | €1,288,822 | +€94,620 | +7.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,132,702 | €1,227,322 | +€94,620 | +8.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €210,500 | €210,500 | = | 0.0% |
| Distributable reserves | 133 | €916,052 | €1,010,672 | +€94,620 | +10.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €147,895 | €93,658 | -€54,237 | -36.7% |
| Amounts payable within one year | 42/48 | €133,518 | €78,773 | -€54,744 | -41.0% |
| Trade debts | 44 | €3,518 | €3,773 | +€256 | +7.3% |
| Suppliers | 440/4 | €3,518 | €3,773 | +€256 | +7.3% |
| Other amounts payable | 47/48 | €130,000 | €75,000 | -€55,000 | -42.3% |
| Accrued charges and deferred income | 492/3 | €14,378 | €14,885 | +€508 | +3.5% |
| Other operating charges | 640/8 | €1,745 | €1,836 | +€92 | +5.2% |
| Gross operating margin | 9900 | €324,676 | €161,870 | -€162,806 | -50.1% |
| Operating profit (loss) | 9901 | €322,931 | €160,033 | -€162,898 | -50.4% |
| Financial income | 75/76B | €20,000 | €41,415 | +€21,415 | +107.1% |
| Recurring financial income | 75 | €20,000 | €41,415 | +€21,415 | +107.1% |
| Financial charges | 65/66B | €381 | €467 | +€86 | +22.6% |
| Recurring financial charges | 65 | €381 | €467 | +€86 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €342,551 | €200,981 | -€141,569 | -41.3% |
| Income taxes | 67/77 | €52,140 | €31,361 | -€20,779 | -39.9% |
| Profit (loss) for the period | 9904 | €290,411 | €169,620 | -€120,791 | -41.6% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €290,411 | €169,620 | -€120,791 | -41.6% |
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 1 October 2026 via checked.be.