B.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.
B.Y.S.
Largest movements
- Receivables within one year +€72,371
up €72,371 (+103%), from €70,220 to €142,592
of which Other amounts receivable: +€84,904
- Tangible fixed assets -€26,076
down €26,076 (-17.2%), from €151,331 to €125,255
- Cash +€19,288
up €19,288 (+21.4%), from €90,231 to €109,519
mainly Net result for the year (+€176,150) and Other debts (+€110,899)
- Other debts +€110,899
up €110,899 (+222%), from €49,947 to €160,846
- Debts after one year -€90,335
down €90,335 (-29.6%), from €305,431 to €215,096
- Reserves +€60,541
up €60,541 (+7.5%), from €805,397 to €865,938
of which Distributable reserves: +€62,401
- Tax, wage and social debts -€16,500
down €16,500 (-23.7%), from €69,477 to €52,977
of which Taxes: -€16,500
- Gross operating margin -€86,189
down €86,189 (-24.0%), from €359,263 to €273,073
- Taxes -€6,320
down €6,320 (-10.5%), from €60,271 to €53,951
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 | €1,341,783 | €1,408,673 | +€66,891 | +5.0% |
| Fixed assets | 21/28 | €1,181,331 | €1,155,255 | -€26,076 | -2.2% |
| Tangible fixed assets | 22/27 | €151,331 | €125,255 | -€26,076 | -17.2% |
| Land and buildings | 22 | €151,331 | €125,255 | -€26,076 | -17.2% |
| Financial fixed assets | 28 | €1,030,000 | €1,030,000 | = | 0.0% |
| Current assets | 29/58 | €160,452 | €253,419 | +€92,967 | +57.9% |
| Amounts receivable within one year | 40/41 | €70,220 | €142,592 | +€72,371 | +103% |
| Trade receivables | 40 | €56,387 | €43,855 | -€12,532 | -22.2% |
| Other amounts receivable | 41 | €13,834 | €98,737 | +€84,904 | +614% |
| Cash at bank and in hand | 54/58 | €90,231 | €109,519 | +€19,288 | +21.4% |
| Deferred charges and accrued income | 490/1 | - | €1,308 | +€1,308 | |
| Total equity and liabilities | 10/49 | €1,341,783 | €1,408,673 | +€66,891 | +5.0% |
| Equity | 10/15 | €823,997 | €884,538 | +€60,541 | +7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €805,397 | €865,938 | +€60,541 | +7.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €803,537 | €865,938 | +€62,401 | +7.8% |
| Amounts payable | 17/49 | €517,785 | €524,135 | +€6,350 | +1.2% |
| Amounts payable after more than one year | 17 | €305,431 | €215,096 | -€90,335 | -29.6% |
| Financial debts | 170/4 | €305,431 | €215,096 | -€90,335 | -29.6% |
| Amounts payable within one year | 42/48 | €208,348 | €305,219 | +€96,871 | +46.5% |
| Current portion of amounts payable after more than one year | 42 | €88,924 | €90,335 | +€1,411 | +1.6% |
| Trade debts | 44 | - | €1,061 | +€1,061 | |
| Suppliers | 440/4 | - | €1,061 | +€1,061 | |
| Taxes, remuneration and social security | 45 | €69,477 | €52,977 | -€16,500 | -23.7% |
| Taxes | 450/3 | €68,979 | €52,480 | -€16,500 | -23.9% |
| Remuneration and social security | 454/9 | €497 | €497 | = | 0.0% |
| Other amounts payable | 47/48 | €49,947 | €160,846 | +€110,899 | +222% |
| Accrued charges and deferred income | 492/3 | €4,006 | €3,820 | -€186 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,088 | €26,076 | -€12 | 0.0% |
| Other operating charges | 640/8 | €7,469 | €7,749 | +€280 | +3.7% |
| Gross operating margin | 9900 | €359,263 | €273,073 | -€86,189 | -24.0% |
| Operating profit (loss) | 9901 | €325,706 | €239,248 | -€86,457 | -26.5% |
| Financial income | 75/76B | - | €803 | +€803 | |
| Recurring financial income | 75 | - | €803 | +€803 | |
| Financial charges | 65/66B | €11,886 | €9,950 | -€1,936 | -16.3% |
| Recurring financial charges | 65 | €11,886 | €9,950 | -€1,936 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €313,820 | €230,101 | -€83,719 | -26.7% |
| Income taxes | 67/77 | €60,271 | €53,951 | -€6,320 | -10.5% |
| Profit (loss) for the period | 9904 | €253,549 | €176,150 | -€77,398 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €253,549 | €176,150 | -€77,398 | -30.5% |
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 15 October 2026 via checked.be.