B- YOUNG: what changed
Two fiscal 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- YOUNG
Largest movements
- Cash -€50,017
no longer reported in 2025 (was €50,017)
mainly Tax, wage and social debts (-€42,047) and Receivables within one year (-€34,450)
- Receivables within one year +€34,450
up €34,450 (+430.0%), from €8,011 to €42,461
of which Trade receivables: +€33,323
- Tax, wage and social debts -€42,047
down €42,047 (-83.2%), from €50,562 to €8,514
of which Taxes: -€37,724
- Short-term financial debts +€26,237
new in 2025: €26,237
- Reserves +€20,500
up €20,500 (+4.0%), from €508,500 to €529,000
of which Distributable reserves: +€20,500
- Other debts -€14,453
down €14,453 (-39.9%), from €36,230 to €21,777
- Taxes -€15,087
down €15,087 (-49.3%), from €30,609 to €15,521
- Financial charges +€8,269
up €8,269 (+503.3%), from €1,643 to €9,912
- Staff costs +€4,336
up €4,336 (+10.9%), from €39,947 to €44,283
- Financial income -€2,268
no longer reported in 2025 (was €2,268)
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 | €1,415,035 | €1,396,843 | -€18,191 | -1.3% |
| Fixed assets | 21/28 | €1,349,196 | €1,354,014 | +€4,818 | +0.4% |
| Tangible fixed assets | 22/27 | €11,432 | €16,250 | +€4,818 | +42.1% |
| Furniture and vehicles | 24 | €4,678 | €5,082 | +€404 | +8.6% |
| Other tangible fixed assets | 26 | €6,754 | €11,167 | +€4,413 | +65.3% |
| Financial fixed assets | 28 | €1,337,764 | €1,337,764 | = | 0.0% |
| Current assets | 29/58 | €65,839 | €42,830 | -€23,009 | -34.9% |
| Amounts receivable within one year | 40/41 | €8,011 | €42,461 | +€34,450 | +430.0% |
| Trade receivables | 40 | €5,749 | €39,072 | +€33,323 | +579.6% |
| Other amounts receivable | 41 | €2,262 | €3,389 | +€1,127 | +49.8% |
| Cash at bank and in hand | 54/58 | €50,017 | - | -€50,017 | |
| Deferred charges and accrued income | 490/1 | €7,810 | €369 | -€7,442 | -95.3% |
| Total equity and liabilities | 10/49 | €1,415,035 | €1,396,843 | -€18,191 | -1.3% |
| Equity | 10/15 | €1,088,423 | €1,109,411 | +€20,988 | +1.9% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €508,500 | €529,000 | +€20,500 | +4.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €502,000 | €522,500 | +€20,500 | +4.1% |
| Profit (loss) carried forward | 14 | €514,923 | €515,411 | +€488 | +0.1% |
| Amounts payable | 17/49 | €326,612 | €287,432 | -€39,180 | -12.0% |
| Amounts payable after more than one year | 17 | €161,158 | €153,056 | -€8,102 | -5.0% |
| Other amounts payable | 178/9 | €161,158 | €153,056 | -€8,102 | -5.0% |
| Amounts payable within one year | 42/48 | €165,454 | €133,537 | -€31,917 | -19.3% |
| Financial debts | 43 | - | €26,237 | +€26,237 | |
| Credit institutions | 430/8 | - | €26,237 | +€26,237 | |
| Trade debts | 44 | €78,663 | €77,009 | -€1,654 | -2.1% |
| Suppliers | 440/4 | €78,663 | €77,009 | -€1,654 | -2.1% |
| Taxes, remuneration and social security | 45 | €50,562 | €8,514 | -€42,047 | -83.2% |
| Taxes | 450/3 | €44,244 | €6,520 | -€37,724 | -85.3% |
| Remuneration and social security | 454/9 | €6,318 | €1,994 | -€4,323 | -68.4% |
| Other amounts payable | 47/48 | €36,230 | €21,777 | -€14,453 | -39.9% |
| Accrued charges and deferred income | 492/3 | - | €840 | +€840 | |
| Remuneration, social security and pensions | 62 | €39,947 | €44,283 | +€4,336 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,951 | €4,561 | +€610 | +15.4% |
| Other operating charges | 640/8 | €2,893 | €2,434 | -€458 | -15.8% |
| Gross operating margin | 9900 | €99,739 | €99,366 | -€374 | -0.4% |
| Operating profit (loss) | 9901 | €52,949 | €48,087 | -€4,862 | -9.2% |
| Financial income | 75/76B | €2,268 | - | -€2,268 | |
| Recurring financial income | 75 | €2,268 | - | -€2,268 | |
| Financial charges | 65/66B | €1,643 | €9,912 | +€8,269 | +503.3% |
| Recurring financial charges | 65 | €1,643 | €9,912 | +€8,269 | +503.3% |
| Profit (loss) for the period before taxes | 9903 | €53,574 | €38,175 | -€15,399 | -28.7% |
| Income taxes | 67/77 | €30,609 | €15,521 | -€15,087 | -49.3% |
| Profit (loss) for the period | 9904 | €22,966 | €22,654 | -€311 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,966 | €22,654 | -€311 | -1.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.