Hannes Yannick: what changed
Hannes Yannick
Largest movements
- Receivables within one year +€41,855
up €41,855 (+494%), from €8,467 to €50,322
of which Trade receivables: +€42,322
- Tangible fixed assets -€13,561
down €13,561 (-25.0%), from €54,349 to €40,788
of which Furniture and vehicles: -€13,537
- Cash -€4,412
down €4,412 (-41.6%), from €10,597 to €6,185
mainly Receivables within one year (-€41,855) and Smaller working-capital items (-€94)
- Debts after one year +€8,205
up €8,205 (+33.9%), from €24,169 to €32,374
- Current portion of long-term debt +€6,263
up €6,263 (+57.2%), from €10,951 to €17,214
- Profit (loss) carried forward +€4,135
up €4,135 (+59.8%), from -€6,915 to -€2,780
- Tax, wage and social debts +€3,872
up €3,872 (+52.3%), from €7,399 to €11,271
of which Taxes: +€3,734
- Trade debts +€1,501
up €1,501 (+145%), from €1,033 to €2,534
- Gross operating margin +€46,076
up €46,076 (+385%), from €11,983 to €58,059
- Other operating charges +€40,625
new in 2025: €40,625
- Depreciation -€6,246
down €6,246 (-36.0%), from €17,368 to €11,122
- Financial charges +€648
up €648 (+42.3%), from €1,530 to €2,177
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 | €73,498 | €97,463 | +€23,965 | +32.6% |
| Fixed assets | 21/28 | €54,349 | €40,788 | -€13,561 | -25.0% |
| Tangible fixed assets | 22/27 | €54,349 | €40,788 | -€13,561 | -25.0% |
| Plant, machinery and equipment | 23 | €24 | - | -€24 | |
| Furniture and vehicles | 24 | €54,325 | €40,788 | -€13,537 | -24.9% |
| Current assets | 29/58 | €19,149 | €56,675 | +€37,526 | +196% |
| Amounts receivable within one year | 40/41 | €8,467 | €50,322 | +€41,855 | +494% |
| Trade receivables | 40 | €8,000 | €50,322 | +€42,322 | +529% |
| Other amounts receivable | 41 | €467 | - | -€467 | |
| Cash at bank and in hand | 54/58 | €10,597 | €6,185 | -€4,412 | -41.6% |
| Deferred charges and accrued income | 490/1 | €86 | €168 | +€82 | +95.9% |
| Total equity and liabilities | 10/49 | €73,498 | €97,463 | +€23,965 | +32.6% |
| Equity | 10/15 | €27,853 | €31,989 | +€4,135 | +14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,568 | €28,568 | = | 0.0% |
| Distributable reserves | 133 | €28,568 | €28,568 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,915 | -€2,780 | +€4,135 | +59.8% |
| Amounts payable | 17/49 | €45,645 | €65,475 | +€19,830 | +43.4% |
| Amounts payable after more than one year | 17 | €24,169 | €32,374 | +€8,205 | +33.9% |
| Financial debts | 170/4 | €24,169 | €32,374 | +€8,205 | +33.9% |
| Amounts payable within one year | 42/48 | €21,476 | €33,101 | +€11,624 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | €10,951 | €17,214 | +€6,263 | +57.2% |
| Trade debts | 44 | €1,033 | €2,534 | +€1,501 | +145% |
| Suppliers | 440/4 | €1,033 | €2,534 | +€1,501 | +145% |
| Taxes, remuneration and social security | 45 | €7,399 | €11,271 | +€3,872 | +52.3% |
| Taxes | 450/3 | €4,254 | €7,988 | +€3,734 | +87.8% |
| Remuneration and social security | 454/9 | €3,145 | €3,283 | +€138 | +4.4% |
| Other amounts payable | 47/48 | €2,093 | €2,082 | -€11 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,368 | €11,122 | -€6,246 | -36.0% |
| Other operating charges | 640/8 | - | €40,625 | +€40,625 | |
| Gross operating margin | 9900 | €11,983 | €58,059 | +€46,076 | +385% |
| Operating profit (loss) | 9901 | -€5,385 | €6,312 | +€11,698 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,530 | €2,177 | +€648 | +42.3% |
| Recurring financial charges | 65 | €1,530 | €2,177 | +€648 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,915 | €4,135 | +€11,050 | |
| Profit (loss) for the period | 9904 | -€6,915 | €4,135 | +€11,050 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,915 | €4,135 | +€11,050 |
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 3 November 2026 via checked.be.