WHITECUBE: 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.
WHITECUBE
Largest movements
- Cash +€45,150
up €45,150 (+500.0%), from €9,031 to €54,181
mainly Deferred charges and accrued income (+€26,144) and Depreciation (+€21,707)
- Deferred charges and accrued income -€26,144
down €26,144 (-77.0%), from €33,944 to €7,800
- Intangible fixed assets -€19,310
down €19,310 (-54.4%), from €35,465 to €16,156
- Receivables within one year +€2,775
up €2,775 (+22.5%), from €12,320 to €15,095
of which Trade receivables: +€9,980
- Tangible fixed assets +€2,432
up €2,432 (+139.1%), from €1,748 to €4,180
- Profit (loss) carried forward +€17,117
no longer reported in 2025 (was -€17,117)
- Tax, wage and social debts -€11,005
down €11,005 (-26.2%), from €41,963 to €30,958
of which Remuneration and social security: -€28,235
- Other debts -€8,763
down €8,763 (-23.9%), from €36,684 to €27,921
- Reserves +€4,037
up €4,037 (+800.4%), from €504 to €4,542
of which Distributable reserves: +€4,037
- Trade debts +€3,016
up €3,016 (+23.4%), from €12,874 to €15,890
- Staff costs -€32,125
down €32,125 (-13.9%), from €231,100 to €198,975
- Gross operating margin -€7,060
down €7,060 (-2.8%), from €256,191 to €249,131
- Financial charges +€3,274
up €3,274 (+945.5%), from €346 to €3,621
- Other operating charges +€3,202
up €3,202 (+4620.5%), from €69 to €3,271
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 | €93,508 | €98,412 | +€4,904 | +5.2% |
| Fixed assets | 21/28 | €38,214 | €21,336 | -€16,878 | -44.2% |
| Intangible fixed assets | 21 | €35,465 | €16,156 | -€19,310 | -54.4% |
| Tangible fixed assets | 22/27 | €1,748 | €4,180 | +€2,432 | +139.1% |
| Furniture and vehicles | 24 | €1,748 | €4,180 | +€2,432 | +139.1% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €55,295 | €77,076 | +€21,782 | +39.4% |
| Amounts receivable within one year | 40/41 | €12,320 | €15,095 | +€2,775 | +22.5% |
| Trade receivables | 40 | €5,076 | €15,056 | +€9,980 | +196.6% |
| Other amounts receivable | 41 | €7,244 | €39 | -€7,205 | -99.5% |
| Cash at bank and in hand | 54/58 | €9,031 | €54,181 | +€45,150 | +500.0% |
| Deferred charges and accrued income | 490/1 | €33,944 | €7,800 | -€26,144 | -77.0% |
| Total equity and liabilities | 10/49 | €93,508 | €98,412 | +€4,904 | +5.2% |
| Equity | 10/15 | €1,987 | €23,142 | +€21,155 | +1064.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €504 | €4,542 | +€4,037 | +800.4% |
| Non-distributable reserves | 130/1 | €504 | €504 | = | 0.0% |
| Reserves not available under the articles | 1311 | €504 | €504 | = | 0.0% |
| Distributable reserves | 133 | - | €4,037 | +€4,037 | |
| Profit (loss) carried forward | 14 | -€17,117 | - | +€17,117 | |
| Amounts payable | 17/49 | €91,521 | €75,270 | -€16,251 | -17.8% |
| Amounts payable within one year | 42/48 | €91,521 | €74,770 | -€16,751 | -18.3% |
| Trade debts | 44 | €12,874 | €15,890 | +€3,016 | +23.4% |
| Suppliers | 440/4 | €12,874 | €15,890 | +€3,016 | +23.4% |
| Taxes, remuneration and social security | 45 | €41,963 | €30,958 | -€11,005 | -26.2% |
| Taxes | 450/3 | €13,728 | €30,958 | +€17,231 | +125.5% |
| Remuneration and social security | 454/9 | €28,235 | - | -€28,235 | |
| Other amounts payable | 47/48 | €36,684 | €27,921 | -€8,763 | -23.9% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €231,100 | €198,975 | -€32,125 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,281 | €21,707 | -€574 | -2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €560 | +€560 | |
| Other operating charges | 640/8 | €69 | €3,271 | +€3,202 | +4620.5% |
| Gross operating margin | 9900 | €256,191 | €249,131 | -€7,060 | -2.8% |
| Operating profit (loss) | 9901 | €2,742 | €24,619 | +€21,877 | +798.0% |
| Financial income | 75/76B | €462 | €156 | -€306 | -66.2% |
| Recurring financial income | 75 | €462 | €156 | -€306 | -66.2% |
| Financial charges | 65/66B | €346 | €3,621 | +€3,274 | +945.5% |
| Recurring financial charges | 65 | €346 | €3,621 | +€3,274 | +945.5% |
| Profit (loss) for the period before taxes | 9903 | €2,857 | €21,155 | +€18,297 | +640.3% |
| Income taxes | 67/77 | €6 | - | -€6 | |
| Profit (loss) for the period | 9904 | €2,851 | €21,155 | +€18,304 | +642.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,851 | €21,155 | +€18,304 | +642.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.