ByLyN: 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.
ByLyN
Largest movements
- Tangible fixed assets +€42,902
up €42,902 (+367.9%), from €11,661 to €54,563
of which Plant, machinery and equipment: +€44,138
- Receivables within one year -€27,949
down €27,949 (-78.3%), from €35,679 to €7,730
of which Trade receivables: -€31,154
- Cash -€12,283
down €12,283 (-62.5%), from €19,649 to €7,365
mainly Investment in fixed assets (net) (-€50,717) and Other debts (-€1,441)
- Financial fixed assets +€5,250
up €5,250 (+789.5%), from €665 to €5,915
- Profit (loss) carried forward +€8,649
up €8,649 (+23.0%), from -€37,596 to -€28,946
- Other debts -€1,441
down €1,441 (-4.9%), from €29,138 to €27,698
- Gross operating margin -€10,926
down €10,926 (-36.3%), from €30,098 to €19,172
- Taxes +€5,669
up €5,669 (+755.8%), from €750 to €6,419
- Financial charges -€5,210
down €5,210 (-77.8%), from €6,700 to €1,490
- Other operating charges -€3,441
down €3,441 (-86.7%), from €3,969 to €528
- Depreciation -€885
down €885 (-25.6%), from €3,450 to €2,565
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 | €68,054 | €75,572 | +€7,519 | +11.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €12,326 | €60,478 | +€48,152 | +390.7% |
| Tangible fixed assets | 22/27 | €11,661 | €54,563 | +€42,902 | +367.9% |
| Land and buildings | 22 | €6,012 | €5,291 | -€721 | -12.0% |
| Plant, machinery and equipment | 23 | €2,687 | €46,825 | +€44,138 | +1642.3% |
| Furniture and vehicles | 24 | €2,962 | €2,447 | -€515 | -17.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €665 | €5,915 | +€5,250 | +789.5% |
| Current assets | 29/58 | €55,728 | €15,095 | -€40,633 | -72.9% |
| Amounts receivable within one year | 40/41 | €35,679 | €7,730 | -€27,949 | -78.3% |
| Trade receivables | 40 | €35,174 | €4,020 | -€31,154 | -88.6% |
| Other amounts receivable | 41 | €505 | €3,710 | +€3,205 | +635.2% |
| Cash at bank and in hand | 54/58 | €19,649 | €7,365 | -€12,283 | -62.5% |
| Deferred charges and accrued income | 490/1 | €401 | - | -€401 | |
| Total equity and liabilities | 10/49 | €68,054 | €75,572 | +€7,519 | +11.0% |
| Equity | 10/15 | €28,180 | €36,830 | +€8,649 | +30.7% |
| Reserves | 13 | €65,776 | €65,776 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,916 | €63,916 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,596 | -€28,946 | +€8,649 | +23.0% |
| Amounts payable | 17/49 | €39,874 | €38,743 | -€1,131 | -2.8% |
| Amounts payable within one year | 42/48 | €39,874 | €38,743 | -€1,131 | -2.8% |
| Trade debts | 44 | €3,051 | €3,416 | +€365 | +12.0% |
| Suppliers | 440/4 | €3,051 | €3,416 | +€365 | +12.0% |
| Taxes, remuneration and social security | 45 | €7,684 | €7,629 | -€55 | -0.7% |
| Taxes | 450/3 | €5,974 | €5,919 | -€55 | -0.9% |
| Remuneration and social security | 454/9 | €1,710 | €1,710 | = | 0.0% |
| Other amounts payable | 47/48 | €29,138 | €27,698 | -€1,441 | -4.9% |
| Non-recurring operating income | 76A | - | €272 | +€272 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,450 | €2,565 | -€885 | -25.6% |
| Other operating charges | 640/8 | €3,969 | €528 | -€3,441 | -86.7% |
| Gross operating margin | 9900 | €30,098 | €19,172 | -€10,926 | -36.3% |
| Operating profit (loss) | 9901 | €22,679 | €16,079 | -€6,601 | -29.1% |
| Financial income | 75/76B | €0 | €480 | +€479 | +159766.7% |
| Recurring financial income | 75 | €0 | €480 | +€479 | +159766.7% |
| Financial charges | 65/66B | €6,700 | €1,490 | -€5,210 | -77.8% |
| Recurring financial charges | 65 | €6,700 | €1,490 | -€5,210 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €15,980 | €15,068 | -€912 | -5.7% |
| Income taxes | 67/77 | €750 | €6,419 | +€5,669 | +755.8% |
| Profit (loss) for the period | 9904 | €15,230 | €8,649 | -€6,581 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,230 | €8,649 | -€6,581 | -43.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.