WHITE4YOU: what changed
What changed
WHITE4YOU
NACE 43.310, Plastering work
filed annual accounts (NBB)
Net result for the year
€278,042
2024 · €367,983-€89,941
Equity
€1.1m
2024 · €1.2m-€101,958
Cash
€138,187
2024 · €505,067-€366,880
Balance sheet total
€1.5m
2024 · €1.6m-€122,151
Largest movements
Assets
- Cash -€366,880
down €366,880 (-72.6%), from €505,067 to €138,187
mainly Contributions, distributions and other (-€380,000) and Current investments (-€360,961)
- Current investments +€360,961
new in 2025: €360,961
- Tangible fixed assets -€50,846
down €50,846 (-11.4%), from €446,857 to €396,011
of which Furniture and vehicles: -€44,768
- Receivables within one year -€48,667
down €48,667 (-11.2%), from €433,972 to €385,305
of which Trade receivables: -€44,538
- Deferred charges and accrued income -€16,461
down €16,461 (-71.2%), from €23,131 to €6,669
Equity and liabilities
- Reserves -€103,000
down €103,000 (-8.5%), from €1.2m to €1.1m
- Trade debts -€89,359
down €89,359 (-45.4%), from €196,703 to €107,345
- Tax, wage and social debts +€41,484
up €41,484 (+59.4%), from €69,817 to €111,301
- Debts after one year +€26,580
up €26,580 (+22.8%), from €116,576 to €143,156
Income statement
- Gross operating margin -€111,941
down €111,941 (-14.7%), from €764,072 to €652,131
- Taxes -€32,571
down €32,571 (-20.4%), from €159,817 to €127,246
- Depreciation +€25,757
up €25,757 (+103%), from €25,089 to €50,846
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.
Result 2024
€367,983
Gross operating margin
-€111,941
Staff costs
+€7,342
Depreciation
-€25,757
Other operating charges
-€101
Other operating items
+€1,763
Financial income
+€2,851
Financial charges
+€3,331
Taxes
+€32,571
Result 2025
€278,042
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€346,141
Investment
-€360,703
Financing
-€352,318
Cash 2024
€505,067
From operations (derived)
+€346,141
Net result for the year
+€278,042
Depreciation
+€50,846
Receivables within one year
+€48,667
Deferred charges and accrued income
+€16,461
Trade debts
-€89,359
Tax, wage and social debts
+€41,484
Investment (derived)
-€360,703
Investment in fixed assets (net)
+€258
Current investments
-€360,961
Financing
-€352,318
Debts after one year
+€26,580
Current portion of long-term debt
+€14,737
Short-term financial debts
-€13,635
Contributions, distributions and other
-€380,000
Cash 2025
€138,187
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,639,285 | €1,517,134 | -€122,151 | -7.5% |
| Fixed assets | 21/28 | €447,115 | €396,011 | -€51,104 | -11.4% |
| Tangible fixed assets | 22/27 | €446,857 | €396,011 | -€50,846 | -11.4% |
| Land and buildings | 22 | €253,391 | €247,313 | -€6,078 | -2.4% |
| Furniture and vehicles | 24 | €193,466 | €148,699 | -€44,768 | -23.1% |
| Financial fixed assets | 28 | €258 | - | -€258 | |
| Current assets | 29/58 | €1,192,170 | €1,121,123 | -€71,047 | -6.0% |
| Amounts receivable after more than one year | 29 | €230,000 | €230,000 | = | 0.0% |
| Other amounts receivable | 291 | €230,000 | €230,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €433,972 | €385,305 | -€48,667 | -11.2% |
| Trade receivables | 40 | €316,346 | €271,808 | -€44,538 | -14.1% |
| Other amounts receivable | 41 | €117,627 | €113,497 | -€4,129 | -3.5% |
| Current investments | 50/53 | - | €360,961 | +€360,961 | |
| Cash at bank and in hand | 54/58 | €505,067 | €138,187 | -€366,880 | -72.6% |
| Deferred charges and accrued income | 490/1 | €23,131 | €6,669 | -€16,461 | -71.2% |
| Total equity and liabilities | 10/49 | €1,639,285 | €1,517,134 | -€122,151 | -7.5% |
| Equity | 10/15 | €1,220,201 | €1,118,243 | -€101,958 | -8.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,206,860 | €1,103,860 | -€103,000 | -8.5% |
| Distributable reserves | 133 | €1,206,860 | €1,103,860 | -€103,000 | -8.5% |
| Profit (loss) carried forward | 14 | €7,141 | €8,183 | +€1,042 | +14.6% |
| Amounts payable | 17/49 | €419,085 | €398,892 | -€20,193 | -4.8% |
| Amounts payable after more than one year | 17 | €116,576 | €143,156 | +€26,580 | +22.8% |
| Financial debts | 170/4 | €116,576 | €143,156 | +€26,580 | +22.8% |
| Amounts payable within one year | 42/48 | €302,509 | €255,736 | -€46,772 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €22,354 | €37,090 | +€14,737 | +65.9% |
| Financial debts | 43 | €13,635 | - | -€13,635 | |
| Credit institutions | 430/8 | €13,635 | - | -€13,635 | |
| Trade debts | 44 | €196,703 | €107,345 | -€89,359 | -45.4% |
| Suppliers | 440/4 | €196,703 | €107,345 | -€89,359 | -45.4% |
| Taxes, remuneration and social security | 45 | €69,817 | €111,301 | +€41,484 | +59.4% |
| Taxes | 450/3 | €69,817 | €111,301 | +€41,484 | +59.4% |
| Non-recurring operating income | 76A | €79,956 | €6,200 | -€73,756 | -92.2% |
| Remuneration, social security and pensions | 62 | €198,957 | €191,616 | -€7,342 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,089 | €50,846 | +€25,757 | +103% |
| Other operating charges | 640/8 | €4,769 | €4,870 | +€101 | +2.1% |
| Non-recurring operating charges | 66A | €2,851 | €1,088 | -€1,763 | -61.8% |
| Gross operating margin | 9900 | €764,072 | €652,131 | -€111,941 | -14.7% |
| Operating profit (loss) | 9901 | €532,405 | €403,711 | -€128,693 | -24.2% |
| Financial income | 75/76B | €10,508 | €13,358 | +€2,851 | +27.1% |
| Recurring financial income | 75 | €10,508 | €13,358 | +€2,851 | +27.1% |
| Financial charges | 65/66B | €15,112 | €11,782 | -€3,331 | -22.0% |
| Recurring financial charges | 65 | €15,112 | €11,782 | -€3,331 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €527,800 | €405,288 | -€122,512 | -23.2% |
| Income taxes | 67/77 | €159,817 | €127,246 | -€32,571 | -20.4% |
| Profit (loss) for the period | 9904 | €367,983 | €278,042 | -€89,941 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €367,983 | €278,042 | -€89,941 | -24.4% |
Next steps
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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 8 November 2026 via checked.be.