WHITE JEWELS: what changed
WHITE JEWELS
Largest movements
- Cash +€7,973
up €7,973 (+138%), from €5,775 to €13,747
mainly Other debts (+€5,392) and Stocks and contracts (+€3,909)
- Receivables within one year +€4,876
up €4,876 (+113%), from €4,314 to €9,190
- Stocks and contracts -€3,909
down €3,909 (-3.8%), from €102,287 to €98,377
- Other debts +€5,392
up €5,392 (+21.6%), from €24,948 to €30,340
- Tax, wage and social debts +€3,409
up €3,409 (+54.0%), from €6,314 to €9,723
of which Taxes: +€3,035
- Profit (loss) carried forward +€2,398
up €2,398 (+4.5%), from €53,133 to €55,531
- Trade debts -€2,064
down €2,064 (-19.7%), from €10,466 to €8,402
- Other operating charges -€2,089
down €2,089 (-75.9%), from €2,752 to €663
- Gross operating margin -€1,054
down €1,054 (-18.8%), from €5,611 to €4,557
- Depreciation +€550
up €550 (+107%), from €512 to €1,062
- Financial income +€549
up €549 (+264%), from €208 to €757
- Taxes +€156
up €156 (+26.5%), from €587 to €743
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,313 | €124,448 | +€9,135 | +7.9% |
| Fixed assets | 21/28 | €2,937 | €3,133 | +€195 | +6.7% |
| Tangible fixed assets | 22/27 | €2,937 | €3,133 | +€195 | +6.7% |
| Plant, machinery and equipment | 23 | €1,879 | €1,237 | -€641 | -34.1% |
| Furniture and vehicles | 24 | €1,059 | €1,896 | +€837 | +79.0% |
| Current assets | 29/58 | €112,375 | €121,315 | +€8,940 | +8.0% |
| Stocks and contracts in progress | 3 | €102,287 | €98,377 | -€3,909 | -3.8% |
| Stocks | 30/36 | €102,287 | €98,377 | -€3,909 | -3.8% |
| Amounts receivable within one year | 40/41 | €4,314 | €9,190 | +€4,876 | +113% |
| Trade receivables | 40 | €4,314 | €9,190 | +€4,876 | +113% |
| Cash at bank and in hand | 54/58 | €5,775 | €13,747 | +€7,973 | +138% |
| Total equity and liabilities | 10/49 | €115,313 | €124,448 | +€9,135 | +7.9% |
| Equity | 10/15 | €73,585 | €75,983 | +€2,398 | +3.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,133 | €55,531 | +€2,398 | +4.5% |
| Amounts payable | 17/49 | €41,728 | €48,465 | +€6,737 | +16.1% |
| Amounts payable within one year | 42/48 | €41,728 | €48,465 | +€6,737 | +16.1% |
| Trade debts | 44 | €10,466 | €8,402 | -€2,064 | -19.7% |
| Suppliers | 440/4 | €10,466 | €8,402 | -€2,064 | -19.7% |
| Taxes, remuneration and social security | 45 | €6,314 | €9,723 | +€3,409 | +54.0% |
| Taxes | 450/3 | €3,556 | €6,591 | +€3,035 | +85.3% |
| Remuneration and social security | 454/9 | €2,758 | €3,132 | +€375 | +13.6% |
| Other amounts payable | 47/48 | €24,948 | €30,340 | +€5,392 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €512 | €1,062 | +€550 | +107% |
| Other operating charges | 640/8 | €2,752 | €663 | -€2,089 | -75.9% |
| Gross operating margin | 9900 | €5,611 | €4,557 | -€1,054 | -18.8% |
| Operating profit (loss) | 9901 | €2,347 | €2,832 | +€485 | +20.7% |
| Financial income | 75/76B | €208 | €757 | +€549 | +264% |
| Recurring financial income | 75 | €208 | €757 | +€549 | +264% |
| Financial charges | 65/66B | €306 | €448 | +€142 | +46.5% |
| Recurring financial charges | 65 | €306 | €448 | +€142 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | €2,249 | €3,141 | +€892 | +39.7% |
| Income taxes | 67/77 | €587 | €743 | +€156 | +26.5% |
| Profit (loss) for the period | 9904 | €1,662 | €2,398 | +€736 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,662 | €2,398 | +€736 | +44.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.