WHITE HOUSE CONCEPT: 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 HOUSE CONCEPT
Largest movements
- Receivables within one year +€42,792
up €42,792 (+57.3%), from €74,662 to €117,454
of which Trade receivables: +€50,087
- Cash +€25,233
up €25,233 (+150%), from €16,840 to €42,073
mainly Tax, wage and social debts (+€67,797) and Depreciation (+€36,416)
- Tangible fixed assets -€22,784
down €22,784 (-10.6%), from €214,118 to €191,334
of which Furniture and vehicles: -€14,999
- Deferred charges and accrued income -€6,724
down €6,724 (-98.6%), from €6,818 to €94
- Stocks and contracts +€6,117
up €6,117 (+19.4%), from €31,600 to €37,717
- Tax, wage and social debts +€67,797
up €67,797 (+95.0%), from €71,338 to €139,135
of which Taxes: +€37,235
- Debts after one year -€22,928
down €22,928 (-13.9%), from €165,245 to €142,317
- Trade debts -€4,949
down €4,949 (-4.2%), from €119,090 to €114,141
- Current portion of long-term debt -€4,792
down €4,792 (-19.3%), from €24,876 to €20,084
- Gross operating margin +€9,327
up €9,327 (+3.3%), from €286,374 to €295,701
- Staff costs +€5,887
up €5,887 (+2.4%), from €240,997 to €246,883
- Depreciation +€4,581
up €4,581 (+14.4%), from €31,835 to €36,416
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €390,072 | €429,189 | +€39,117 | +10.0% |
| Fixed assets | 21/28 | €260,151 | €231,851 | -€28,300 | -10.9% |
| Intangible fixed assets | 21 | €45,500 | €39,500 | -€6,000 | -13.2% |
| Tangible fixed assets | 22/27 | €214,118 | €191,334 | -€22,784 | -10.6% |
| Furniture and vehicles | 24 | €44,912 | €29,913 | -€14,999 | -33.4% |
| Other tangible fixed assets | 26 | €169,206 | €161,421 | -€7,785 | -4.6% |
| Financial fixed assets | 28 | €534 | €1,017 | +€483 | +90.5% |
| Current assets | 29/58 | €129,921 | €197,338 | +€67,417 | +51.9% |
| Stocks and contracts in progress | 3 | €31,600 | €37,717 | +€6,117 | +19.4% |
| Stocks | 30/36 | €31,600 | €37,717 | +€6,117 | +19.4% |
| Amounts receivable within one year | 40/41 | €74,662 | €117,454 | +€42,792 | +57.3% |
| Trade receivables | 40 | €63,223 | €113,310 | +€50,087 | +79.2% |
| Other amounts receivable | 41 | €11,439 | €4,144 | -€7,295 | -63.8% |
| Cash at bank and in hand | 54/58 | €16,840 | €42,073 | +€25,233 | +150% |
| Deferred charges and accrued income | 490/1 | €6,818 | €94 | -€6,724 | -98.6% |
| Total equity and liabilities | 10/49 | €390,072 | €429,189 | +€39,117 | +10.0% |
| Equity | 10/15 | €9,523 | €10,712 | +€1,189 | +12.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,477 | -€14,288 | +€1,189 | +7.7% |
| Amounts payable | 17/49 | €380,549 | €418,477 | +€37,928 | +10.0% |
| Amounts payable after more than one year | 17 | €165,245 | €142,317 | -€22,928 | -13.9% |
| Financial debts | 170/4 | €165,245 | €142,317 | -€22,928 | -13.9% |
| Amounts payable within one year | 42/48 | €215,304 | €276,160 | +€60,856 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €24,876 | €20,084 | -€4,792 | -19.3% |
| Trade debts | 44 | €119,090 | €114,141 | -€4,949 | -4.2% |
| Suppliers | 440/4 | €119,090 | €114,141 | -€4,949 | -4.2% |
| Taxes, remuneration and social security | 45 | €71,338 | €139,135 | +€67,797 | +95.0% |
| Taxes | 450/3 | €36,392 | €73,627 | +€37,235 | +102% |
| Remuneration and social security | 454/9 | €34,946 | €65,508 | +€30,562 | +87.5% |
| Other amounts payable | 47/48 | - | €2,800 | +€2,800 | |
| Remuneration, social security and pensions | 62 | €240,997 | €246,883 | +€5,887 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,835 | €36,416 | +€4,581 | +14.4% |
| Other operating charges | 640/8 | - | €285 | +€285 | |
| Non-recurring operating charges | 66A | - | €215 | +€215 | |
| Gross operating margin | 9900 | €286,374 | €295,701 | +€9,327 | +3.3% |
| Operating profit (loss) | 9901 | €13,542 | €11,902 | -€1,640 | -12.1% |
| Financial income | 75/76B | - | €58 | +€58 | |
| Recurring financial income | 75 | - | €58 | +€58 | |
| Financial charges | 65/66B | €12,317 | €10,637 | -€1,680 | -13.6% |
| Recurring financial charges | 65 | €12,317 | €10,637 | -€1,680 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €1,225 | €1,323 | +€98 | +8.0% |
| Income taxes | 67/77 | €175 | €134 | -€41 | -23.6% |
| Profit (loss) for the period | 9904 | €1,050 | €1,189 | +€139 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,050 | €1,189 | +€139 | +13.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.