WHITE HOUSE DESIGN: 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 DESIGN
Largest movements
- Cash -€12,274
down €12,274 (-8.6%), from €142,306 to €130,031
mainly Receivables within one year (-€8,337) and Trade debts (-€7,369)
- Receivables within one year +€8,337
up €8,337 (+64.3%), from €12,968 to €21,306
of which Other amounts receivable: +€6,551
- Tangible fixed assets -€3,747
down €3,747 (-31.1%), from €12,043 to €8,296
of which Plant, machinery and equipment: -€3,143
- Trade debts -€7,369
down €7,369 (-60.7%), from €12,144 to €4,775
- Gross operating margin -€39,440
down €39,440 (-84.3%), from €46,773 to €7,333
- Taxes -€8,598
down €8,598 (-77.8%), from €11,047 to €2,449
- Depreciation -€7,254
down €7,254 (-65.9%), from €11,002 to €3,747
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.
Derived cash bridge
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 | €169,530 | €161,905 | -€7,625 | -4.5% |
| Fixed assets | 21/28 | €12,043 | €8,296 | -€3,747 | -31.1% |
| Tangible fixed assets | 22/27 | €12,043 | €8,296 | -€3,747 | -31.1% |
| Land and buildings | 22 | €182 | - | -€182 | |
| Plant, machinery and equipment | 23 | €10,439 | €7,296 | -€3,143 | -30.1% |
| Furniture and vehicles | 24 | €1,422 | €999 | -€422 | -29.7% |
| Current assets | 29/58 | €157,487 | €153,609 | -€3,878 | -2.5% |
| Amounts receivable within one year | 40/41 | €12,968 | €21,306 | +€8,337 | +64.3% |
| Trade receivables | 40 | €12,968 | €14,755 | +€1,786 | +13.8% |
| Other amounts receivable | 41 | - | €6,551 | +€6,551 | |
| Cash at bank and in hand | 54/58 | €142,306 | €130,031 | -€12,274 | -8.6% |
| Deferred charges and accrued income | 490/1 | €2,213 | €2,272 | +€59 | +2.7% |
| Total equity and liabilities | 10/49 | €169,530 | €161,905 | -€7,625 | -4.5% |
| Equity | 10/15 | €130,493 | €130,942 | +€449 | +0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €118,093 | €118,542 | +€449 | +0.4% |
| Distributable reserves | 133 | €118,093 | €118,542 | +€449 | +0.4% |
| Amounts payable | 17/49 | €39,037 | €30,963 | -€8,074 | -20.7% |
| Amounts payable within one year | 42/48 | €39,037 | €30,963 | -€8,074 | -20.7% |
| Trade debts | 44 | €12,144 | €4,775 | -€7,369 | -60.7% |
| Suppliers | 440/4 | €12,144 | €4,775 | -€7,369 | -60.7% |
| Taxes, remuneration and social security | 45 | €7,067 | €6,361 | -€705 | -10.0% |
| Taxes | 450/3 | €7,067 | €6,361 | -€705 | -10.0% |
| Other amounts payable | 47/48 | €19,827 | €19,827 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,002 | €3,747 | -€7,254 | -65.9% |
| Other operating charges | 640/8 | €898 | €528 | -€370 | -41.2% |
| Gross operating margin | 9900 | €46,773 | €7,333 | -€39,440 | -84.3% |
| Operating profit (loss) | 9901 | €34,873 | €3,058 | -€31,816 | -91.2% |
| Financial income | 75/76B | €103 | - | -€103 | |
| Recurring financial income | 75 | €103 | - | -€103 | |
| Financial charges | 65/66B | €162 | €160 | -€2 | -1.2% |
| Recurring financial charges | 65 | €162 | €160 | -€2 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €34,815 | €2,898 | -€31,917 | -91.7% |
| Income taxes | 67/77 | €11,047 | €2,449 | -€8,598 | -77.8% |
| Profit (loss) for the period | 9904 | €23,768 | €449 | -€23,319 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,768 | €449 | -€23,319 | -98.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.