IB YANNICO: what changed
IB YANNICO
Largest movements
- Receivables after one year +€30,982
up €30,982 (+158%), from €19,600 to €50,582
- Cash +€24,796
up €24,796 (+126%), from €19,696 to €44,492
mainly Net result for the year (+€38,985) and Tax, wage and social debts (+€13,948)
- Tangible fixed assets +€12,636
up €12,636 (+174%), from €7,248 to €19,884
of which Other tangible fixed assets: +€11,858
- Receivables within one year -€10,164
no longer reported in 2025 (was €10,164)
- Reserves +€38,985
up €38,985 (+108%), from €36,240 to €75,225
- Tax, wage and social debts +€13,948
up €13,948 (+85.1%), from €16,389 to €30,337
- Trade debts +€4,859
up €4,859 (+200%), from €2,423 to €7,282
- Gross operating margin +€5,696
up €5,696 (+10.9%), from €52,256 to €57,952
- Other operating charges +€4,523
up €4,523 (+429%), from €1,054 to €5,577
- Taxes -€2,391
down €2,391 (-18.9%), from €12,623 to €10,232
- Depreciation +€1,566
up €1,566 (+116%), from €1,349 to €2,914
- Financial charges -€815
down €815 (-82.3%), from €991 to €176
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 | €58,542 | €116,334 | +€57,792 | +98.7% |
| Formation expenses | 20 | €1,834 | €1,375 | -€458 | -25.0% |
| Fixed assets | 21/28 | €7,248 | €19,884 | +€12,636 | +174% |
| Tangible fixed assets | 22/27 | €7,248 | €19,884 | +€12,636 | +174% |
| Land and buildings | 22 | €4,492 | €3,593 | -€898 | -20.0% |
| Plant, machinery and equipment | 23 | €1,976 | €1,507 | -€469 | -23.7% |
| Furniture and vehicles | 24 | €780 | €2,926 | +€2,145 | +275% |
| Other tangible fixed assets | 26 | - | €11,858 | +€11,858 | |
| Current assets | 29/58 | €49,460 | €95,074 | +€45,614 | +92.2% |
| Amounts receivable after more than one year | 29 | €19,600 | €50,582 | +€30,982 | +158% |
| Other amounts receivable | 291 | €19,600 | €50,582 | +€30,982 | +158% |
| Amounts receivable within one year | 40/41 | €10,164 | - | -€10,164 | |
| Trade receivables | 40 | €10,164 | - | -€10,164 | |
| Cash at bank and in hand | 54/58 | €19,696 | €44,492 | +€24,796 | +126% |
| Total equity and liabilities | 10/49 | €58,542 | €116,334 | +€57,792 | +98.7% |
| Equity | 10/15 | €37,240 | €76,225 | +€38,985 | +105% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €36,240 | €75,225 | +€38,985 | +108% |
| Distributable reserves | 133 | €36,240 | €75,225 | +€38,985 | +108% |
| Amounts payable | 17/49 | €21,302 | €40,108 | +€18,807 | +88.3% |
| Amounts payable within one year | 42/48 | €21,302 | €40,108 | +€18,807 | +88.3% |
| Trade debts | 44 | €2,423 | €7,282 | +€4,859 | +200% |
| Suppliers | 440/4 | €2,423 | €7,282 | +€4,859 | +200% |
| Taxes, remuneration and social security | 45 | €16,389 | €30,337 | +€13,948 | +85.1% |
| Taxes | 450/3 | €16,389 | €30,337 | +€13,948 | +85.1% |
| Other amounts payable | 47/48 | €2,490 | €2,490 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €69 | +€69 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,349 | €2,914 | +€1,566 | +116% |
| Other operating charges | 640/8 | €1,054 | €5,577 | +€4,523 | +429% |
| Gross operating margin | 9900 | €52,256 | €57,952 | +€5,696 | +10.9% |
| Operating profit (loss) | 9901 | €49,854 | €49,392 | -€461 | -0.9% |
| Financial charges | 65/66B | €991 | €176 | -€815 | -82.3% |
| Recurring financial charges | 65 | €991 | €176 | -€815 | -82.3% |
| Profit (loss) for the period before taxes | 9903 | €48,863 | €49,217 | +€354 | +0.7% |
| Income taxes | 67/77 | €12,623 | €10,232 | -€2,391 | -18.9% |
| Profit (loss) for the period | 9904 | €36,240 | €38,985 | +€2,744 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,240 | €38,985 | +€2,744 | +7.6% |
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.