B.Y.L.: 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.
B.Y.L.
Largest movements
- Cash -€175,485
down €175,485 (-62.9%), from €278,827 to €103,341
mainly Trade debts (-€98,308) and Contributions, distributions and other (-€90,000)
- Tangible fixed assets -€24,613
down €24,613 (-18.0%), from €137,057 to €112,444
of which Furniture and vehicles: -€18,757
- Receivables within one year +€19,676
up €19,676 (+52.4%), from €37,536 to €57,213
of which Other amounts receivable: +€21,140
- Trade debts -€98,308
down €98,308 (-43.4%), from €226,428 to €128,120
- Profit (loss) carried forward -€88,671
down €88,671 (-88.5%), from €100,244 to €11,573
- Reserves +€77,000
up €77,000 (+4,140%), from €1,860 to €78,860
of which Distributable reserves: +€77,000
- Other debts -€51,000
down €51,000 (-36.2%), from €141,000 to €90,000
- Tax, wage and social debts -€12,862
down €12,862 (-19.6%), from €65,628 to €52,766
of which Taxes: -€9,912
- Staff costs +€21,613
up €21,613 (+11.0%), from €196,631 to €218,244
- Gross operating margin -€14,772
down €14,772 (-3.9%), from €383,358 to €368,587
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €554,030 | €372,582 | -€181,448 | -32.8% |
| Fixed assets | 21/28 | €138,220 | €113,607 | -€24,613 | -17.8% |
| Tangible fixed assets | 22/27 | €137,057 | €112,444 | -€24,613 | -18.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €1,719 | €1,156 | -€563 | -32.8% |
| Furniture and vehicles | 24 | €101,414 | €82,658 | -€18,757 | -18.5% |
| Other tangible fixed assets | 26 | €33,924 | €26,131 | -€7,793 | -23.0% |
| Assets under construction and advance payments | 27 | - | €2,500 | +€2,500 | |
| Financial fixed assets | 28 | €1,163 | €1,163 | = | 0.0% |
| Current assets | 29/58 | €415,810 | €258,975 | -€156,835 | -37.7% |
| Stocks and contracts in progress | 3 | €91,245 | €91,245 | = | 0.0% |
| Stocks | 30/36 | €91,245 | €91,245 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,536 | €57,213 | +€19,676 | +52.4% |
| Trade receivables | 40 | €2,885 | €1,421 | -€1,464 | -50.7% |
| Other amounts receivable | 41 | €34,651 | €55,792 | +€21,140 | +61.0% |
| Cash at bank and in hand | 54/58 | €278,827 | €103,341 | -€175,485 | -62.9% |
| Deferred charges and accrued income | 490/1 | €8,202 | €7,175 | -€1,026 | -12.5% |
| Total equity and liabilities | 10/49 | €554,030 | €372,582 | -€181,448 | -32.8% |
| Equity | 10/15 | €108,309 | €96,638 | -€11,671 | -10.8% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €1,860 | €78,860 | +€77,000 | +4,140% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €77,000 | +€77,000 | |
| Profit (loss) carried forward | 14 | €100,244 | €11,573 | -€88,671 | -88.5% |
| Amounts payable | 17/49 | €445,721 | €275,943 | -€169,777 | -38.1% |
| Amounts payable within one year | 42/48 | €437,789 | €275,789 | -€162,000 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €4,733 | €4,902 | +€170 | +3.6% |
| Trade debts | 44 | €226,428 | €128,120 | -€98,308 | -43.4% |
| Suppliers | 440/4 | €226,428 | €128,120 | -€98,308 | -43.4% |
| Taxes, remuneration and social security | 45 | €65,628 | €52,766 | -€12,862 | -19.6% |
| Taxes | 450/3 | €33,109 | €23,197 | -€9,912 | -29.9% |
| Remuneration and social security | 454/9 | €32,519 | €29,569 | -€2,950 | -9.1% |
| Other amounts payable | 47/48 | €141,000 | €90,000 | -€51,000 | -36.2% |
| Accrued charges and deferred income | 492/3 | €7,932 | €155 | -€7,777 | -98.1% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €196,631 | €218,244 | +€21,613 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,038 | €27,113 | -€2,924 | -9.7% |
| Other operating charges | 640/8 | €12,095 | €10,456 | -€1,639 | -13.6% |
| Non-recurring operating charges | 66A | €0 | €0 | +€0 | +50.0% |
| Gross operating margin | 9900 | €383,358 | €368,587 | -€14,772 | -3.9% |
| Operating profit (loss) | 9901 | €144,595 | €112,773 | -€31,821 | -22.0% |
| Financial income | 75/76B | €302 | €1,766 | +€1,464 | +485% |
| Recurring financial income | 75 | €302 | €1,766 | +€1,464 | +485% |
| Financial charges | 65/66B | €1,728 | €2,750 | +€1,022 | +59.1% |
| Recurring financial charges | 65 | €1,728 | €2,750 | +€1,022 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | €143,168 | €111,789 | -€31,380 | -21.9% |
| Income taxes | 67/77 | €33,721 | €33,460 | -€261 | -0.8% |
| Profit (loss) for the period | 9904 | €109,447 | €78,329 | -€31,119 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €109,447 | €78,329 | -€31,119 | -28.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.