WHITE ROCKS: 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 ROCKS
Largest movements
- Cash +€18,823
up €18,823 (+206.1%), from €9,133 to €27,957
mainly Net result for the year (+€16,270) and Tax, wage and social debts (+€1,407)
- Tangible fixed assets +€2,089
up €2,089 (+413.2%), from €506 to €2,594
- Formation expenses -€463
down €463 (-34.6%), from €1,338 to €875
- Receivables within one year -€439
down €439 (-7.0%), from €6,278 to €5,840
of which Other amounts receivable: -€1,624
- Profit (loss) carried forward +€16,270
up €16,270 (+544.1%), from €2,990 to €19,260
- Tax, wage and social debts +€1,407
up €1,407 (+18.1%), from €7,754 to €9,161
- Other debts +€974
up €974 (+40.5%), from €2,405 to €3,379
- Trade debts +€866
up €866, from €0 to €866
- Gross operating margin +€21,573
up €21,573 (+464.8%), from €4,642 to €26,215
- Taxes +€4,330
up €4,330 (+324.4%), from €1,335 to €5,664
- Other operating charges +€400
up €400, from €0 to €400
- Depreciation +€288
up €288 (+28.7%), from €1,003 to €1,291
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 | €18,363 | €38,079 | +€19,716 | +107.4% |
| Formation expenses | 20 | €1,338 | €875 | -€463 | -34.6% |
| Fixed assets | 21/28 | €506 | €2,594 | +€2,089 | +413.2% |
| Tangible fixed assets | 22/27 | €506 | €2,594 | +€2,089 | +413.2% |
| Furniture and vehicles | 24 | €506 | €2,594 | +€2,089 | +413.2% |
| Current assets | 29/58 | €16,520 | €34,610 | +€18,090 | +109.5% |
| Amounts receivable within one year | 40/41 | €6,278 | €5,840 | -€439 | -7.0% |
| Trade receivables | 40 | €2,989 | €4,174 | +€1,185 | +39.7% |
| Other amounts receivable | 41 | €3,289 | €1,665 | -€1,624 | -49.4% |
| Cash at bank and in hand | 54/58 | €9,133 | €27,957 | +€18,823 | +206.1% |
| Deferred charges and accrued income | 490/1 | €1,108 | €814 | -€295 | -26.6% |
| Total equity and liabilities | 10/49 | €18,363 | €38,079 | +€19,716 | +107.4% |
| Equity | 10/15 | €5,490 | €21,760 | +€16,270 | +296.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,990 | €19,260 | +€16,270 | +544.1% |
| Amounts payable | 17/49 | €12,873 | €16,319 | +€3,445 | +26.8% |
| Amounts payable within one year | 42/48 | €10,160 | €13,406 | +€3,246 | +32.0% |
| Trade debts | 44 | €0 | €866 | +€866 | |
| Suppliers | 440/4 | €0 | €866 | +€866 | |
| Taxes, remuneration and social security | 45 | €7,754 | €9,161 | +€1,407 | +18.1% |
| Taxes | 450/3 | €7,754 | €9,161 | +€1,407 | +18.1% |
| Other amounts payable | 47/48 | €2,405 | €3,379 | +€974 | +40.5% |
| Accrued charges and deferred income | 492/3 | €2,714 | €2,913 | +€199 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,003 | €1,291 | +€288 | +28.7% |
| Other operating charges | 640/8 | €0 | €400 | +€400 | |
| Gross operating margin | 9900 | €4,642 | €26,215 | +€21,573 | +464.8% |
| Operating profit (loss) | 9901 | €3,639 | €24,524 | +€20,885 | +574.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,734 | €2,590 | -€144 | -5.3% |
| Recurring financial charges | 65 | €2,734 | €2,590 | -€144 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €905 | €21,935 | +€21,030 | +2324.7% |
| Income taxes | 67/77 | €1,335 | €5,664 | +€4,330 | +324.4% |
| Profit (loss) for the period | 9904 | -€430 | €16,270 | +€16,700 | |
| Profit (loss) for the period to be appropriated | 9905 | -€430 | €16,270 | +€16,700 |
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 12 October 2026 via checked.be.