WHITE RABBIT INTEGRATED COMMUNICATION: 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 RABBIT INTEGRATED COMMUNICATION
Largest movements
- Receivables within one year -€31,198
down €31,198 (-100.0%), from €31,199 to €2
of which Trade receivables: -€31,198
- Cash +€21,679
up €21,679 (+723%), from €2,999 to €24,678
mainly Receivables within one year (+€31,198) and Other debts (+€3,867)
- Financial fixed assets -€1,561
down €1,561 (-30.0%), from €5,200 to €3,639
- Tangible fixed assets -€1,543
down €1,543 (-33.1%), from €4,659 to €3,116
- Profit (loss) carried forward -€16,467
down €16,467, from €2,567 to -€13,900
- Other debts +€3,867
up €3,867 (+24.8%), from €15,608 to €19,475
- Tax, wage and social debts -€3,491
down €3,491 (-32.8%), from €10,659 to €7,168
- Trade debts +€3,202
up €3,202 (+260%), from €1,230 to €4,432
- Gross operating margin -€30,332
down €30,332, from €18,650 to -€11,682
- Staff costs -€11,763
no longer reported in 2025 (was €11,763)
- Other operating charges -€2,210
down €2,210 (-58.7%), from €3,763 to €1,553
- Taxes -€1,409
down €1,409 (-84.7%), from €1,664 to €255
- Financial charges -€650
down €650 (-71.9%), from €903 to €254
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 | €44,324 | €31,435 | -€12,889 | -29.1% |
| Fixed assets | 21/28 | €9,859 | €6,756 | -€3,103 | -31.5% |
| Tangible fixed assets | 22/27 | €4,659 | €3,116 | -€1,543 | -33.1% |
| Furniture and vehicles | 24 | €4,659 | €3,116 | -€1,543 | -33.1% |
| Financial fixed assets | 28 | €5,200 | €3,639 | -€1,561 | -30.0% |
| Current assets | 29/58 | €34,465 | €24,680 | -€9,785 | -28.4% |
| Amounts receivable within one year | 40/41 | €31,199 | €2 | -€31,198 | -100.0% |
| Trade receivables | 40 | €31,198 | - | -€31,198 | |
| Other amounts receivable | 41 | €2 | €2 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,999 | €24,678 | +€21,679 | +723% |
| Deferred charges and accrued income | 490/1 | €267 | - | -€267 | |
| Total equity and liabilities | 10/49 | €44,324 | €31,435 | -€12,889 | -29.1% |
| Equity | 10/15 | €16,827 | €360 | -€16,467 | -97.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,567 | -€13,900 | -€16,467 | |
| Amounts payable | 17/49 | €27,497 | €31,075 | +€3,578 | +13.0% |
| Amounts payable within one year | 42/48 | €27,497 | €31,075 | +€3,578 | +13.0% |
| Trade debts | 44 | €1,230 | €4,432 | +€3,202 | +260% |
| Suppliers | 440/4 | €1,230 | €4,432 | +€3,202 | +260% |
| Taxes, remuneration and social security | 45 | €10,659 | €7,168 | -€3,491 | -32.8% |
| Taxes | 450/3 | €10,659 | €7,168 | -€3,491 | -32.8% |
| Other amounts payable | 47/48 | €15,608 | €19,475 | +€3,867 | +24.8% |
| Remuneration, social security and pensions | 62 | €11,763 | - | -€11,763 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,395 | €2,806 | +€412 | +17.2% |
| Other operating charges | 640/8 | €3,763 | €1,553 | -€2,210 | -58.7% |
| Gross operating margin | 9900 | €18,650 | -€11,682 | -€30,332 | |
| Operating profit (loss) | 9901 | €729 | -€16,042 | -€16,771 | |
| Financial income | 75/76B | €198 | €84 | -€114 | -57.8% |
| Recurring financial income | 75 | €198 | €84 | -€114 | -57.8% |
| Financial charges | 65/66B | €903 | €254 | -€650 | -71.9% |
| Recurring financial charges | 65 | €903 | €254 | -€650 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €24 | -€16,212 | -€16,236 | |
| Income taxes | 67/77 | €1,664 | €255 | -€1,409 | -84.7% |
| Profit (loss) for the period | 9904 | -€1,640 | -€16,467 | -€14,827 | -904% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,640 | -€16,467 | -€14,827 | -904% |
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 30 October 2026 via checked.be.