A.Y.S.: 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.
A.Y.S.
Largest movements
- Tangible fixed assets -€62,340
down €62,340 (-8.1%), from €768,071 to €705,731
of which Land and buildings: -€53,306
- Intangible fixed assets -€27,477
down €27,477 (-28.4%), from €96,812 to €69,335
- Deferred charges and accrued income -€19,967
down €19,967 (-80.8%), from €24,723 to €4,757
- Other debts +€124,134
up €124,134, from €0 to €124,134
- Debts after one year -€121,760
down €121,760 (-19.9%), from €613,088 to €491,328
- Trade debts -€54,059
down €54,059 (-42.6%), from €127,012 to €72,953
- Current portion of long-term debt -€32,413
down €32,413 (-20.3%), from €159,369 to €126,955
- Tax, wage and social debts -€24,078
down €24,078 (-14.3%), from €168,586 to €144,508
- Financial income -€7,325
down €7,325 (-63.2%), from €11,591 to €4,266
- Taxes +€6,527
up €6,527 (+11.6%), from €56,229 to €62,756
- Depreciation -€6,156
down €6,156 (-6.2%), from €99,052 to €92,895
- Gross operating margin -€4,923
down €4,923 (-1.5%), from €324,933 to €320,010
- Financial charges +€4,348
up €4,348 (+12.1%), from €35,808 to €40,156
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.
Derived cash bridge
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 | €1,097,730 | €984,969 | -€112,762 | -10.3% |
| Fixed assets | 21/28 | €864,882 | €775,065 | -€89,817 | -10.4% |
| Intangible fixed assets | 21 | €96,812 | €69,335 | -€27,477 | -28.4% |
| Tangible fixed assets | 22/27 | €768,071 | €705,731 | -€62,340 | -8.1% |
| Land and buildings | 22 | €733,591 | €680,285 | -€53,306 | -7.3% |
| Plant, machinery and equipment | 23 | €5,214 | €3,490 | -€1,724 | -33.1% |
| Furniture and vehicles | 24 | €29,265 | €21,956 | -€7,309 | -25.0% |
| Current assets | 29/58 | €232,848 | €209,903 | -€22,945 | -9.9% |
| Amounts receivable within one year | 40/41 | €208,125 | €204,842 | -€3,283 | -1.6% |
| Trade receivables | 40 | €137,438 | €117,875 | -€19,563 | -14.2% |
| Other amounts receivable | 41 | €70,687 | €86,967 | +€16,280 | +23.0% |
| Cash at bank and in hand | 54/58 | €0 | €305 | +€305 | |
| Deferred charges and accrued income | 490/1 | €24,723 | €4,757 | -€19,967 | -80.8% |
| Total equity and liabilities | 10/49 | €1,097,730 | €984,969 | -€112,762 | -10.3% |
| Equity | 10/15 | €23,200 | €20,405 | -€2,795 | -12.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,795 | €0 | -€2,795 | -100% |
| Amounts payable | 17/49 | €1,074,530 | €964,564 | -€109,966 | -10.2% |
| Amounts payable after more than one year | 17 | €613,088 | €491,328 | -€121,760 | -19.9% |
| Financial debts | 170/4 | €613,088 | €491,328 | -€121,760 | -19.9% |
| Amounts payable within one year | 42/48 | €461,442 | €473,236 | +€11,793 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €159,369 | €126,955 | -€32,413 | -20.3% |
| Financial debts | 43 | €6,475 | €4,685 | -€1,790 | -27.6% |
| Credit institutions | 430/8 | €6,475 | €4,685 | -€1,790 | -27.6% |
| Trade debts | 44 | €127,012 | €72,953 | -€54,059 | -42.6% |
| Suppliers | 440/4 | €127,012 | €72,953 | -€54,059 | -42.6% |
| Taxes, remuneration and social security | 45 | €168,586 | €144,508 | -€24,078 | -14.3% |
| Taxes | 450/3 | €168,586 | €144,508 | -€24,078 | -14.3% |
| Other amounts payable | 47/48 | €0 | €124,134 | +€124,134 | |
| Non-recurring operating income | 76A | €0 | €6,636 | +€6,636 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,052 | €92,895 | -€6,156 | -6.2% |
| Other operating charges | 640/8 | €5,058 | €6,221 | +€1,163 | +23.0% |
| Non-recurring operating charges | 66A | €0 | €909 | +€909 | |
| Gross operating margin | 9900 | €324,933 | €320,010 | -€4,923 | -1.5% |
| Operating profit (loss) | 9901 | €220,823 | €219,985 | -€838 | -0.4% |
| Financial income | 75/76B | €11,591 | €4,266 | -€7,325 | -63.2% |
| Recurring financial income | 75 | €11,591 | €4,266 | -€7,325 | -63.2% |
| Financial charges | 65/66B | €35,808 | €40,156 | +€4,348 | +12.1% |
| Recurring financial charges | 65 | €35,808 | €40,156 | +€4,348 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €196,606 | €184,095 | -€12,512 | -6.4% |
| Income taxes | 67/77 | €56,229 | €62,756 | +€6,527 | +11.6% |
| Profit (loss) for the period | 9904 | €140,377 | €121,339 | -€19,039 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €140,377 | €121,339 | -€19,039 | -13.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.