G-YARD: 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.
G-YARD
Largest movements
- Deferred charges and accrued income -€22,290
down €22,290 (-67.2%), from €33,179 to €10,889
- Cash +€19,846
up €19,846 (+27.9%), from €71,157 to €91,003
mainly Deferred charges and accrued income (+€22,290) and Net result for the year (+€17,684)
- Tangible fixed assets +€10,745
up €10,745 (+125%), from €8,603 to €19,349
of which Furniture and vehicles: +€11,295
- Receivables within one year +€9,227
up €9,227 (+27.2%), from €33,904 to €43,132
of which Trade receivables: +€15,811
- Reserves +€17,684
up €17,684 (+16.2%), from €109,183 to €126,867
of which Distributable reserves: +€17,684
- Trade debts -€7,345
down €7,345 (-80.1%), from €9,166 to €1,821
- Tax, wage and social debts +€6,151
up €6,151 (+69.6%), from €8,838 to €14,989
of which Taxes: +€9,061
- Debts after one year +€2,000
up €2,000 (+45.5%), from €4,395 to €6,395
- Gross operating margin +€21,818
up €21,818 (+198%), from €11,014 to €32,832
- Taxes +€3,656
up €3,656 (+108%), from €3,384 to €7,040
- Depreciation +€993
up €993 (+17.0%), from €5,835 to €6,828
- Other operating charges -€669
down €669 (-43.2%), from €1,548 to €879
- Financial charges -€472
down €472 (-50.1%), from €943 to €471
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 | €153,239 | €170,767 | +€17,529 | +11.4% |
| Fixed assets | 21/28 | €8,603 | €19,349 | +€10,745 | +125% |
| Tangible fixed assets | 22/27 | €8,603 | €19,349 | +€10,745 | +125% |
| Land and buildings | 22 | €4,869 | €4,319 | -€550 | -11.3% |
| Furniture and vehicles | 24 | €3,734 | €15,030 | +€11,295 | +302% |
| Current assets | 29/58 | €144,635 | €151,419 | +€6,783 | +4.7% |
| Amounts receivable after more than one year | 29 | €6,395 | €6,395 | = | 0.0% |
| Other amounts receivable | 291 | €6,395 | €6,395 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,904 | €43,132 | +€9,227 | +27.2% |
| Trade receivables | 40 | €27,187 | €42,998 | +€15,811 | +58.2% |
| Other amounts receivable | 41 | €6,717 | €134 | -€6,584 | -98.0% |
| Cash at bank and in hand | 54/58 | €71,157 | €91,003 | +€19,846 | +27.9% |
| Deferred charges and accrued income | 490/1 | €33,179 | €10,889 | -€22,290 | -67.2% |
| Total equity and liabilities | 10/49 | €153,239 | €170,767 | +€17,529 | +11.4% |
| Equity | 10/15 | €127,783 | €145,467 | +€17,684 | +13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,183 | €126,867 | +€17,684 | +16.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €107,323 | €125,007 | +€17,684 | +16.5% |
| Amounts payable | 17/49 | €25,456 | €25,300 | -€156 | -0.6% |
| Amounts payable after more than one year | 17 | €4,395 | €6,395 | +€2,000 | +45.5% |
| Other amounts payable | 178/9 | €4,395 | €6,395 | +€2,000 | +45.5% |
| Amounts payable within one year | 42/48 | €21,061 | €18,905 | -€2,156 | -10.2% |
| Trade debts | 44 | €9,166 | €1,821 | -€7,345 | -80.1% |
| Suppliers | 440/4 | €9,166 | €1,821 | -€7,345 | -80.1% |
| Taxes, remuneration and social security | 45 | €8,838 | €14,989 | +€6,151 | +69.6% |
| Taxes | 450/3 | €5,928 | €14,989 | +€9,061 | +153% |
| Remuneration and social security | 454/9 | €2,910 | - | -€2,910 | |
| Other amounts payable | 47/48 | €3,058 | €2,096 | -€962 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,835 | €6,828 | +€993 | +17.0% |
| Other operating charges | 640/8 | €1,548 | €879 | -€669 | -43.2% |
| Non-recurring operating charges | 66A | €173 | - | -€173 | |
| Gross operating margin | 9900 | €11,014 | €32,832 | +€21,818 | +198% |
| Operating profit (loss) | 9901 | €3,458 | €25,125 | +€21,667 | +627% |
| Financial income | 75/76B | €70 | €70 | = | 0.0% |
| Recurring financial income | 75 | €70 | €70 | = | 0.0% |
| Financial charges | 65/66B | €943 | €471 | -€472 | -50.1% |
| Recurring financial charges | 65 | €943 | €471 | -€472 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €2,585 | €24,724 | +€22,139 | +856% |
| Income taxes | 67/77 | €3,384 | €7,040 | +€3,656 | +108% |
| Profit (loss) for the period | 9904 | -€799 | €17,684 | +€18,484 | |
| Profit (loss) for the period to be appropriated | 9905 | -€799 | €17,684 | +€18,484 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.