Whitebox.io: 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.
Whitebox.io
Largest movements
- Receivables within one year +€64,217
up €64,217 (+138%), from €46,620 to €110,837
of which Other amounts receivable: +€44,717
- Cash -€4,097
down €4,097 (-98.0%), from €4,182 to €85
mainly Receivables within one year (-€64,217) and Trade debts (-€17,440)
- Tangible fixed assets -€3,194
down €3,194 (-31.8%), from €10,057 to €6,863
- Profit (loss) carried forward +€46,808
up €46,808 (+128%), from €36,525 to €83,333
- Trade debts -€17,440
down €17,440 (-99.2%), from €17,580 to €140
- Other debts +€16,600
new in 2023: €16,600
- Tax, wage and social debts +€10,853
up €10,853 (+286%), from €3,795 to €14,648
- Gross operating margin +€10,693
up €10,693 (+21.6%), from €49,404 to €60,096
- Taxes +€2,599
up €2,599 (+28.3%), from €9,175 to €11,774
- Financial income +€1,776
up €1,776 (+173%), from €1,026 to €2,802
- Depreciation -€1,113
down €1,113 (-25.8%), from €4,307 to €3,194
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,963 | €117,785 | +€56,822 | +93.2% |
| Fixed assets | 21/28 | €10,057 | €6,863 | -€3,194 | -31.8% |
| Tangible fixed assets | 22/27 | €10,057 | €6,863 | -€3,194 | -31.8% |
| Furniture and vehicles | 24 | €10,057 | €6,863 | -€3,194 | -31.8% |
| Current assets | 29/58 | €50,907 | €110,922 | +€60,016 | +118% |
| Amounts receivable within one year | 40/41 | €46,620 | €110,837 | +€64,217 | +138% |
| Trade receivables | 40 | €13,800 | €33,300 | +€19,500 | +141% |
| Other amounts receivable | 41 | €32,820 | €77,537 | +€44,717 | +136% |
| Cash at bank and in hand | 54/58 | €4,182 | €85 | -€4,097 | -98.0% |
| Deferred charges and accrued income | 490/1 | €104 | - | -€104 | |
| Total equity and liabilities | 10/49 | €60,963 | €117,785 | +€56,822 | +93.2% |
| Equity | 10/15 | €39,525 | €86,333 | +€46,808 | +118% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,525 | €83,333 | +€46,808 | +128% |
| Amounts payable | 17/49 | €21,438 | €31,452 | +€10,014 | +46.7% |
| Amounts payable within one year | 42/48 | €21,375 | €31,388 | +€10,014 | +46.8% |
| Trade debts | 44 | €17,580 | €140 | -€17,440 | -99.2% |
| Suppliers | 440/4 | €17,580 | €140 | -€17,440 | -99.2% |
| Taxes, remuneration and social security | 45 | €3,795 | €14,648 | +€10,853 | +286% |
| Taxes | 450/3 | €3,795 | €14,648 | +€10,853 | +286% |
| Other amounts payable | 47/48 | - | €16,600 | +€16,600 | |
| Accrued charges and deferred income | 492/3 | €64 | €64 | +€0 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,307 | €3,194 | -€1,113 | -25.8% |
| Other operating charges | 640/8 | €114 | €244 | +€130 | +115% |
| Gross operating margin | 9900 | €49,404 | €60,096 | +€10,693 | +21.6% |
| Operating profit (loss) | 9901 | €44,983 | €56,658 | +€11,675 | +26.0% |
| Financial income | 75/76B | €1,026 | €2,802 | +€1,776 | +173% |
| Recurring financial income | 75 | €1,026 | €2,802 | +€1,776 | +173% |
| Financial charges | 65/66B | €310 | €879 | +€569 | +183% |
| Recurring financial charges | 65 | €310 | €879 | +€569 | +183% |
| Profit (loss) for the period before taxes | 9903 | €45,699 | €58,582 | +€12,882 | +28.2% |
| Income taxes | 67/77 | €9,175 | €11,774 | +€2,599 | +28.3% |
| Profit (loss) for the period | 9904 | €36,525 | €46,808 | +€10,283 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,525 | €46,808 | +€10,283 | +28.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.