GYFA: 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.
GYFA
Largest movements
- Tangible fixed assets -€28,154
down €28,154 (-56.6%), from €49,753 to €21,598
of which Furniture and vehicles: -€31,459
- Cash +€15,254
up €15,254 (+6.1%), from €248,965 to €264,219
mainly Net result for the year (+€67,441) and Depreciation (+€31,979)
- Other debts -€22,165
down €22,165 (-4.4%), from €498,173 to €476,007
- Gross operating margin +€124,948
up €124,948 (+407.7%), from €30,645 to €155,593
- Taxes +€18,388
up €18,388 (+10860.4%), from €169 to €18,557
- Financial charges -€14,387
down €14,387 (-31.2%), from €46,133 to €31,746
- Other operating charges +€4,287
up €4,287 (+270.8%), from €1,583 to €5,871
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 | €1,180,731 | €1,159,235 | -€21,496 | -1.8% |
| Fixed assets | 21/28 | €896,954 | €868,799 | -€28,154 | -3.1% |
| Tangible fixed assets | 22/27 | €49,753 | €21,598 | -€28,154 | -56.6% |
| Plant, machinery and equipment | 23 | - | €3,305 | +€3,305 | |
| Furniture and vehicles | 24 | €49,753 | €18,293 | -€31,459 | -63.2% |
| Financial fixed assets | 28 | €847,201 | €847,201 | = | 0.0% |
| Current assets | 29/58 | €283,778 | €290,436 | +€6,658 | +2.3% |
| Stocks and contracts in progress | 3 | €12,412 | €12,412 | = | 0.0% |
| Stocks | 30/36 | €12,412 | €12,412 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,054 | €11,721 | -€9,333 | -44.3% |
| Trade receivables | 40 | €21,054 | €11,721 | -€9,333 | -44.3% |
| Cash at bank and in hand | 54/58 | €248,965 | €264,219 | +€15,254 | +6.1% |
| Deferred charges and accrued income | 490/1 | €1,346 | €2,084 | +€738 | +54.8% |
| Total equity and liabilities | 10/49 | €1,180,731 | €1,159,235 | -€21,496 | -1.8% |
| Equity | 10/15 | €671,465 | €660,497 | -€10,968 | -1.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €609,965 | €598,997 | -€10,968 | -1.8% |
| Non-distributable reserves | 130/1 | €33,587 | €33,587 | = | 0.0% |
| Legal reserve | 130 | €33,587 | €33,587 | = | 0.0% |
| Distributable reserves | 133 | €576,378 | €565,410 | -€10,968 | -1.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €509,266 | €498,739 | -€10,528 | -2.1% |
| Amounts payable within one year | 42/48 | €509,266 | €498,739 | -€10,528 | -2.1% |
| Trade debts | 44 | €1,705 | €2,888 | +€1,183 | +69.4% |
| Suppliers | 440/4 | €1,705 | €2,888 | +€1,183 | +69.4% |
| Taxes, remuneration and social security | 45 | €9,389 | €19,844 | +€10,454 | +111.3% |
| Taxes | 450/3 | €9,389 | €19,844 | +€10,454 | +111.3% |
| Other amounts payable | 47/48 | €498,173 | €476,007 | -€22,165 | -4.4% |
| Non-recurring operating income | 76A | €0 | €44,578 | +€44,578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,459 | €31,979 | +€519 | +1.7% |
| Other operating charges | 640/8 | €1,583 | €5,871 | +€4,287 | +270.8% |
| Gross operating margin | 9900 | €30,645 | €155,593 | +€124,948 | +407.7% |
| Operating profit (loss) | 9901 | -€2,398 | €117,744 | +€120,141 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €46,133 | €31,746 | -€14,387 | -31.2% |
| Recurring financial charges | 65 | €46,133 | €31,746 | -€14,387 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | -€48,530 | €85,998 | +€134,528 | |
| Income taxes | 67/77 | €169 | €18,557 | +€18,388 | +10860.4% |
| Profit (loss) for the period | 9904 | -€48,700 | €67,441 | +€116,140 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,700 | €67,441 | +€116,140 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.