GHIJSEN YVES: what changed
GHIJSEN YVES
Largest movements
- Receivables within one year +€13,535
up €13,535 (+16.6%), from €81,651 to €95,186
of which Trade receivables: +€15,216
- Stocks and contracts -€7,750
down €7,750 (-91.0%), from €8,520 to €770
of which Contracts in progress: -€4,500
- Cash +€7,681
up €7,681 (+48,007%), from €16 to €7,697
mainly Net result for the year (+€17,323) and Stocks and contracts (+€7,750)
- Reserves +€17,323
up €17,323 (+121%), from €14,360 to €31,683
of which Distributable reserves: +€17,323
- Trade debts -€2,419
down €2,419 (-81.8%), from €2,956 to €538
- Gross operating margin +€36,000
up €36,000, from -€10,970 to €25,031
- Taxes +€1,136
up €1,136 (+35.3%), from €3,221 to €4,356
- Depreciation +€380
up €380 (+16.6%), from €2,298 to €2,678
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,147 | €113,109 | +€13,962 | +14.1% |
| Fixed assets | 21/28 | €7,321 | €7,217 | -€104 | -1.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €6,782 | €6,677 | -€104 | -1.5% |
| Land and buildings | 22 | €5,448 | €4,238 | -€1,210 | -22.2% |
| Plant, machinery and equipment | 23 | €986 | €171 | -€814 | -82.6% |
| Furniture and vehicles | 24 | €348 | €2,268 | +€1,920 | +551% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €91,826 | €105,893 | +€14,067 | +15.3% |
| Stocks and contracts in progress | 3 | €8,520 | €770 | -€7,750 | -91.0% |
| Stocks | 30/36 | €4,020 | €770 | -€3,250 | -80.8% |
| Contracts in progress | 37 | €4,500 | - | -€4,500 | |
| Amounts receivable within one year | 40/41 | €81,651 | €95,186 | +€13,535 | +16.6% |
| Trade receivables | 40 | €49,270 | €64,485 | +€15,216 | +30.9% |
| Other amounts receivable | 41 | €32,381 | €30,701 | -€1,681 | -5.2% |
| Cash at bank and in hand | 54/58 | €16 | €7,697 | +€7,681 | +48,007% |
| Deferred charges and accrued income | 490/1 | €1,639 | €2,239 | +€601 | +36.7% |
| Total equity and liabilities | 10/49 | €99,147 | €113,109 | +€13,962 | +14.1% |
| Equity | 10/15 | €91,504 | €108,826 | +€17,323 | +18.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,360 | €31,683 | +€17,323 | +121% |
| 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 | €12,500 | €29,823 | +€17,323 | +139% |
| Profit (loss) carried forward | 14 | €58,544 | €58,544 | = | 0.0% |
| Amounts payable | 17/49 | €7,643 | €4,283 | -€3,360 | -44.0% |
| Amounts payable within one year | 42/48 | €7,643 | €4,283 | -€3,360 | -44.0% |
| Trade debts | 44 | €2,956 | €538 | -€2,419 | -81.8% |
| Suppliers | 440/4 | €2,956 | €538 | -€2,419 | -81.8% |
| Taxes, remuneration and social security | 45 | €4,687 | €3,746 | -€941 | -20.1% |
| Taxes | 450/3 | €3,552 | €3,746 | +€194 | +5.4% |
| Remuneration and social security | 454/9 | €1,135 | - | -€1,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,298 | €2,678 | +€380 | +16.6% |
| Other operating charges | 640/8 | €451 | €622 | +€172 | +38.1% |
| Gross operating margin | 9900 | -€10,970 | €25,031 | +€36,000 | |
| Operating profit (loss) | 9901 | -€13,718 | €21,731 | +€35,448 | |
| Financial income | 75/76B | €2 | €12 | +€10 | +491% |
| Recurring financial income | 75 | €2 | €12 | +€10 | +491% |
| Financial charges | 65/66B | €166 | €63 | -€102 | -61.7% |
| Recurring financial charges | 65 | €166 | €63 | -€102 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,881 | €21,679 | +€35,561 | |
| Income taxes | 67/77 | €3,221 | €4,356 | +€1,136 | +35.3% |
| Profit (loss) for the period | 9904 | -€17,102 | €17,323 | +€34,425 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,102 | €17,323 | +€34,425 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.