WHITE TAXI: what changed
WHITE TAXI
Largest movements
- Receivables within one year -€28,273
down €28,273 (-90.1%), from €31,388 to €3,116
of which Trade receivables: -€19,302
- Cash -€12,313
down €12,313 (-41.5%), from €29,704 to €17,391
mainly Net result for the year (-€21,429) and Tax, wage and social debts (-€11,698)
- Tangible fixed assets -€6,068
down €6,068 (-74.0%), from €8,201 to €2,133
- Reserves -€21,429
down €21,429 (-33.3%), from €64,380 to €42,952
- Tax, wage and social debts -€11,698
down €11,698 (-58.3%), from €20,052 to €8,353
of which Taxes: -€6,064
- Current portion of long-term debt -€10,254
down €10,254 (-67.1%), from €15,272 to €5,018
- Debts after one year -€5,018
down €5,018 (-8.2%), from €61,244 to €56,226
- Gross operating margin -€72,145
down €72,145 (-89.9%), from €80,260 to €8,114
- Staff costs -€26,663
down €26,663 (-81.5%), from €32,725 to €6,062
- Taxes -€8,003
down €8,003 (-100%), from €8,003 to €0
- Financial income -€7,907
down €7,907 (-99.7%), from €7,933 to €26
- Other operating charges +€7,656
up €7,656 (+2,061%), from €372 to €8,027
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 | €172,087 | €124,465 | -€47,622 | -27.7% |
| Fixed assets | 21/28 | €107,934 | €101,866 | -€6,068 | -5.6% |
| Tangible fixed assets | 22/27 | €8,201 | €2,133 | -€6,068 | -74.0% |
| Furniture and vehicles | 24 | €8,201 | €2,133 | -€6,068 | -74.0% |
| Financial fixed assets | 28 | €99,733 | €99,733 | = | 0.0% |
| Current assets | 29/58 | €64,152 | €22,598 | -€41,554 | -64.8% |
| Amounts receivable within one year | 40/41 | €31,388 | €3,116 | -€28,273 | -90.1% |
| Trade receivables | 40 | €22,057 | €2,755 | -€19,302 | -87.5% |
| Other amounts receivable | 41 | €9,331 | €361 | -€8,970 | -96.1% |
| Cash at bank and in hand | 54/58 | €29,704 | €17,391 | -€12,313 | -41.5% |
| Deferred charges and accrued income | 490/1 | €3,060 | €2,092 | -€968 | -31.6% |
| Total equity and liabilities | 10/49 | €172,087 | €124,465 | -€47,622 | -27.7% |
| Equity | 10/15 | €74,380 | €52,952 | -€21,429 | -28.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €64,380 | €42,952 | -€21,429 | -33.3% |
| Distributable reserves | 133 | €64,380 | €42,952 | -€21,429 | -33.3% |
| Amounts payable | 17/49 | €97,706 | €71,513 | -€26,193 | -26.8% |
| Amounts payable after more than one year | 17 | €61,244 | €56,226 | -€5,018 | -8.2% |
| Financial debts | 170/4 | €61,244 | €56,226 | -€5,018 | -8.2% |
| Amounts payable within one year | 42/48 | €36,462 | €15,287 | -€21,175 | -58.1% |
| Current portion of amounts payable after more than one year | 42 | €15,272 | €5,018 | -€10,254 | -67.1% |
| Trade debts | 44 | €607 | €375 | -€231 | -38.2% |
| Suppliers | 440/4 | €607 | €375 | -€231 | -38.2% |
| Taxes, remuneration and social security | 45 | €20,052 | €8,353 | -€11,698 | -58.3% |
| Taxes | 450/3 | €14,067 | €8,003 | -€6,064 | -43.1% |
| Remuneration and social security | 454/9 | €5,985 | €350 | -€5,635 | -94.2% |
| Other amounts payable | 47/48 | €532 | €1,540 | +€1,009 | +190% |
| Remuneration, social security and pensions | 62 | €32,725 | €6,062 | -€26,663 | -81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,232 | €10,752 | +€4,521 | +72.5% |
| Other operating charges | 640/8 | €372 | €8,027 | +€7,656 | +2,061% |
| Gross operating margin | 9900 | €80,260 | €8,114 | -€72,145 | -89.9% |
| Operating profit (loss) | 9901 | €40,932 | -€16,727 | -€57,659 | |
| Financial income | 75/76B | €7,933 | €26 | -€7,907 | -99.7% |
| Recurring financial income | 75 | €7,933 | €26 | -€7,907 | -99.7% |
| Financial charges | 65/66B | €5,429 | €4,727 | -€701 | -12.9% |
| Recurring financial charges | 65 | €5,429 | €4,727 | -€701 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €43,436 | -€21,429 | -€64,864 | |
| Income taxes | 67/77 | €8,003 | €0 | -€8,003 | -100% |
| Profit (loss) for the period | 9904 | €35,432 | -€21,429 | -€56,861 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,432 | -€21,429 | -€56,861 |
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.