CIN - YIRCO: 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.
CIN - YIRCO
Largest movements
- Receivables within one year +€95,130
up €95,130 (+11,078%), from €859 to €95,988
of which Trade receivables: +€62,764
- Cash -€46,339
down €46,339 (-14.3%), from €324,984 to €278,645
mainly Receivables within one year (-€95,130) and Tax, wage and social debts (-€2,318)
- Tangible fixed assets -€9,101
down €9,101 (-8.6%), from €105,483 to €96,382
of which Land and buildings: -€8,890
- Reserves +€45,042
up €45,042 (+12.7%), from €354,700 to €399,742
of which Distributable reserves: +€45,042
- Depreciation -€2,794
down €2,794 (-23.5%), from €11,895 to €9,101
- Other operating charges +€1,010
up €1,010 (+114%), from €886 to €1,896
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 | €436,458 | €476,193 | +€39,735 | +9.1% |
| Fixed assets | 21/28 | €107,943 | €98,842 | -€9,101 | -8.4% |
| Tangible fixed assets | 22/27 | €105,483 | €96,382 | -€9,101 | -8.6% |
| Land and buildings | 22 | €103,725 | €94,834 | -€8,890 | -8.6% |
| Plant, machinery and equipment | 23 | €1,758 | €1,547 | -€211 | -12.0% |
| Financial fixed assets | 28 | €2,460 | €2,460 | = | 0.0% |
| Current assets | 29/58 | €328,515 | €377,351 | +€48,836 | +14.9% |
| Amounts receivable within one year | 40/41 | €859 | €95,988 | +€95,130 | +11,078% |
| Trade receivables | 40 | - | €62,764 | +€62,764 | |
| Other amounts receivable | 41 | €859 | €33,224 | +€32,366 | +3,769% |
| Cash at bank and in hand | 54/58 | €324,984 | €278,645 | -€46,339 | -14.3% |
| Deferred charges and accrued income | 490/1 | €2,672 | €2,717 | +€45 | +1.7% |
| Total equity and liabilities | 10/49 | €436,458 | €476,193 | +€39,735 | +9.1% |
| Equity | 10/15 | €416,674 | €461,715 | +€45,042 | +10.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | - | €61,973 | +€61,973 | |
| Issued capital | 100 | - | €61,973 | +€61,973 | |
| Reserves | 13 | €354,700 | €399,742 | +€45,042 | +12.7% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | - | €6,197 | +€6,197 | |
| Reserves not available under the articles | 1311 | €6,197 | - | -€6,197 | |
| Distributable reserves | 133 | €348,503 | €393,545 | +€45,042 | +12.9% |
| Amounts payable | 17/49 | €19,784 | €14,478 | -€5,307 | -26.8% |
| Amounts payable within one year | 42/48 | €19,784 | €14,478 | -€5,307 | -26.8% |
| Trade debts | 44 | €7,159 | €5,486 | -€1,673 | -23.4% |
| Suppliers | 440/4 | €7,159 | €5,486 | -€1,673 | -23.4% |
| Taxes, remuneration and social security | 45 | €9,381 | €7,062 | -€2,318 | -24.7% |
| Taxes | 450/3 | €9,381 | €7,062 | -€2,318 | -24.7% |
| Other amounts payable | 47/48 | €3,245 | €1,929 | -€1,315 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,895 | €9,101 | -€2,794 | -23.5% |
| Other operating charges | 640/8 | €886 | €1,896 | +€1,010 | +114% |
| Gross operating margin | 9900 | €77,859 | €77,165 | -€694 | -0.9% |
| Operating profit (loss) | 9901 | €65,078 | €66,168 | +€1,090 | +1.7% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €149 | €110 | -€39 | -26.1% |
| Recurring financial charges | 65 | €69 | €110 | +€41 | +59.8% |
| Non-recurring financial charges | 66B | €80 | €0 | -€80 | -100% |
| Profit (loss) for the period before taxes | 9903 | €64,931 | €66,058 | +€1,127 | +1.7% |
| Income taxes | 67/77 | €20,660 | €21,016 | +€356 | +1.7% |
| Profit (loss) for the period | 9904 | €44,271 | €45,042 | +€771 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,271 | €45,042 | +€771 | +1.7% |
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.