WHITE STONE DEVELOPMENT: what changed
Two fiscal 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 STONE DEVELOPMENT
Largest movements
- Stocks and contracts +€37,020
up €37,020 (+6.5%), from €573,301 to €610,321
- Debts after one year +€37,020
up €37,020 (+4.6%), from €803,440 to €840,460
- Gross operating margin -€147
down €147 (-2.8%), from -€5,269 to -€5,417
- Financial charges -€67
down €67 (-14.8%), from €451 to €385
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 | €611,691 | €643,063 | +€31,372 | +5.1% |
| Current assets | 29/58 | €611,691 | €643,063 | +€31,372 | +5.1% |
| Stocks and contracts in progress | 3 | €573,301 | €610,321 | +€37,020 | +6.5% |
| Stocks | 30/36 | €573,301 | €610,321 | +€37,020 | +6.5% |
| Amounts receivable within one year | 40/41 | €8,616 | €9,364 | +€748 | +8.7% |
| Other amounts receivable | 41 | €8,616 | €9,364 | +€748 | +8.7% |
| Cash at bank and in hand | 54/58 | €29,775 | €23,378 | -€6,397 | -21.5% |
| Total equity and liabilities | 10/49 | €611,691 | €643,063 | +€31,372 | +5.1% |
| Equity | 10/15 | -€194,332 | -€200,521 | -€6,189 | -3.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€269,332 | -€275,521 | -€6,189 | -2.3% |
| Amounts payable | 17/49 | €806,023 | €843,584 | +€37,561 | +4.7% |
| Amounts payable after more than one year | 17 | €803,440 | €840,460 | +€37,020 | +4.6% |
| Financial debts | 170/4 | €803,440 | €840,460 | +€37,020 | +4.6% |
| Amounts payable within one year | 42/48 | €2,583 | €3,124 | +€541 | +20.9% |
| Trade debts | 44 | €2,583 | €3,124 | +€541 | +20.9% |
| Suppliers | 440/4 | €2,583 | €3,124 | +€541 | +20.9% |
| Other operating charges | 640/8 | €394 | €388 | -€6 | -1.4% |
| Gross operating margin | 9900 | -€5,269 | -€5,417 | -€147 | -2.8% |
| Operating profit (loss) | 9901 | -€5,663 | -€5,805 | -€142 | -2.5% |
| Financial charges | 65/66B | €451 | €385 | -€67 | -14.8% |
| Recurring financial charges | 65 | €451 | €385 | -€67 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,114 | -€6,189 | -€75 | -1.2% |
| Profit (loss) for the period | 9904 | -€6,114 | -€6,189 | -€75 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,114 | -€6,189 | -€75 | -1.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.