DR. YANNI: 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.
DR. YANNI
Largest movements
- Tangible fixed assets +€50,045
up €50,045 (+23.0%), from €218,028 to €268,073
of which Furniture and vehicles: +€67,385
- Receivables within one year -€24,756
down €24,756 (-45.3%), from €54,709 to €29,953
- Cash +€7,810
up €7,810 (+2.0%), from €396,392 to €404,203
mainly Net result for the year (+€154,760) and Depreciation (+€56,987)
- Reserves +€154,710
up €154,710 (+31.1%), from €497,019 to €651,729
- Contributions -€75,000
down €75,000 (-81.3%), from €92,200 to €17,200
- Tax, wage and social debts -€23,998
down €23,998 (-65.8%), from €36,481 to €12,484
- Trade debts -€11,213
down €11,213 (-62.5%), from €17,937 to €6,724
- Depreciation +€16,028
up €16,028 (+39.1%), from €40,960 to €56,987
- Gross operating margin +€4,322
up €4,322 (+1.6%), from €274,049 to €278,371
- Taxes -€3,998
down €3,998 (-5.6%), from €71,481 to €67,484
- Financial income +€3,556
up €3,556 (+842.8%), from €422 to €3,978
- Other operating charges +€3,118
new in 2025: €3,118
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 | €672,541 | €707,150 | +€34,609 | +5.1% |
| Fixed assets | 21/28 | €218,065 | €268,110 | +€50,045 | +22.9% |
| Tangible fixed assets | 22/27 | €218,028 | €268,073 | +€50,045 | +23.0% |
| Land and buildings | 22 | €42,510 | €39,162 | -€3,348 | -7.9% |
| Plant, machinery and equipment | 23 | €83,564 | €69,571 | -€13,993 | -16.7% |
| Furniture and vehicles | 24 | €91,954 | €159,339 | +€67,385 | +73.3% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €454,475 | €439,040 | -€15,436 | -3.4% |
| Amounts receivable within one year | 40/41 | €54,709 | €29,953 | -€24,756 | -45.3% |
| Trade receivables | 40 | €54,709 | €29,953 | -€24,756 | -45.3% |
| Cash at bank and in hand | 54/58 | €396,392 | €404,203 | +€7,810 | +2.0% |
| Deferred charges and accrued income | 490/1 | €3,374 | €4,884 | +€1,510 | +44.7% |
| Total equity and liabilities | 10/49 | €672,541 | €707,150 | +€34,609 | +5.1% |
| Equity | 10/15 | €590,011 | €668,938 | +€78,927 | +13.4% |
| Contributions | 10/11 | €92,200 | €17,200 | -€75,000 | -81.3% |
| Reserves | 13 | €497,019 | €651,729 | +€154,710 | +31.1% |
| Distributable reserves | 133 | €497,019 | €651,729 | +€154,710 | +31.1% |
| Profit (loss) carried forward | 14 | €792 | €8 | -€783 | -98.9% |
| Amounts payable | 17/49 | €82,530 | €38,212 | -€44,318 | -53.7% |
| Amounts payable within one year | 42/48 | €78,880 | €38,212 | -€40,668 | -51.6% |
| Trade debts | 44 | €17,937 | €6,724 | -€11,213 | -62.5% |
| Suppliers | 440/4 | €17,937 | €6,724 | -€11,213 | -62.5% |
| Taxes, remuneration and social security | 45 | €36,481 | €12,484 | -€23,998 | -65.8% |
| Taxes | 450/3 | €36,481 | €12,484 | -€23,998 | -65.8% |
| Other amounts payable | 47/48 | €24,462 | €19,004 | -€5,458 | -22.3% |
| Accrued charges and deferred income | 492/3 | €3,650 | - | -€3,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,960 | €56,987 | +€16,028 | +39.1% |
| Other operating charges | 640/8 | - | €3,118 | +€3,118 | |
| Gross operating margin | 9900 | €274,049 | €278,371 | +€4,322 | +1.6% |
| Operating profit (loss) | 9901 | €233,089 | €218,266 | -€14,824 | -6.4% |
| Financial income | 75/76B | €422 | €3,978 | +€3,556 | +842.8% |
| Recurring financial income | 75 | €422 | €3,978 | +€3,556 | +842.8% |
| Profit (loss) for the period before taxes | 9903 | €233,511 | €222,243 | -€11,268 | -4.8% |
| Income taxes | 67/77 | €71,481 | €67,484 | -€3,998 | -5.6% |
| Profit (loss) for the period | 9904 | €162,030 | €154,760 | -€7,270 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €162,030 | €154,760 | -€7,270 | -4.5% |
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 4 October 2026 via checked.be.