l'Y.C.: 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.
l'Y.C.
Largest movements
- Cash -€59,513
down €59,513 (-78.6%), from €75,679 to €16,166
mainly Trade debts (-€39,021) and Debts after one year (-€30,915)
- Receivables within one year -€42,636
down €42,636 (-90.2%), from €47,275 to €4,640
of which Trade receivables: -€38,518
- Tangible fixed assets -€6,920
down €6,920 (-45.0%), from €15,391 to €8,471
of which Furniture and vehicles: -€6,106
- Trade debts -€39,021
down €39,021 (-80.8%), from €48,295 to €9,273
- Debts after one year -€30,915
down €30,915 (-95.9%), from €32,246 to €1,330
of which Other amounts payable: -€25,681
- Profit (loss) carried forward -€14,094
down €14,094 (-20.8%), from -€67,883 to -€81,977
- Current portion of long-term debt -€11,150
down €11,150 (-68.1%), from €16,384 to €5,234
- Tax, wage and social debts -€8,821
down €8,821 (-64.3%), from €13,710 to €4,889
of which Remuneration and social security: -€8,153
- Gross operating margin -€157,902
down €157,902, from €152,436 to -€5,467
- Staff costs -€131,339
down €131,339, from €131,338 to -€0
- Financial charges -€5,928
down €5,928 (-91.4%), from €6,483 to €555
- Other operating charges -€3,754
down €3,754 (-76.5%), from €4,906 to €1,152
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 | €139,105 | €30,095 | -€109,010 | -78.4% |
| Fixed assets | 21/28 | €15,391 | €8,471 | -€6,920 | -45.0% |
| Tangible fixed assets | 22/27 | €15,391 | €8,471 | -€6,920 | -45.0% |
| Plant, machinery and equipment | 23 | €1,673 | €859 | -€814 | -48.7% |
| Furniture and vehicles | 24 | €13,718 | €7,612 | -€6,106 | -44.5% |
| Current assets | 29/58 | €123,714 | €21,624 | -€102,089 | -82.5% |
| Amounts receivable within one year | 40/41 | €47,275 | €4,640 | -€42,636 | -90.2% |
| Trade receivables | 40 | €41,703 | €3,185 | -€38,518 | -92.4% |
| Other amounts receivable | 41 | €5,572 | €1,455 | -€4,117 | -73.9% |
| Cash at bank and in hand | 54/58 | €75,679 | €16,166 | -€59,513 | -78.6% |
| Deferred charges and accrued income | 490/1 | €759 | €818 | +€59 | +7.7% |
| Total equity and liabilities | 10/49 | €139,105 | €30,095 | -€109,010 | -78.4% |
| Equity | 10/15 | €16,146 | €2,052 | -€14,094 | -87.3% |
| Contributions | 10/11 | €56,000 | €56,000 | = | 0.0% |
| Reserves | 13 | €28,029 | €28,029 | = | 0.0% |
| Distributable reserves | 133 | €28,029 | €28,029 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,883 | -€81,977 | -€14,094 | -20.8% |
| Provisions and deferred taxes | 16 | €1,000 | €1,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,000 | €1,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable | 17/49 | €121,959 | €27,043 | -€94,916 | -77.8% |
| Amounts payable after more than one year | 17 | €32,246 | €1,330 | -€30,915 | -95.9% |
| Financial debts | 170/4 | €6,565 | €1,330 | -€5,234 | -79.7% |
| Other amounts payable | 178/9 | €25,681 | - | -€25,681 | |
| Amounts payable within one year | 42/48 | €89,713 | €24,712 | -€65,000 | -72.5% |
| Current portion of amounts payable after more than one year | 42 | €16,384 | €5,234 | -€11,150 | -68.1% |
| Trade debts | 44 | €48,295 | €9,273 | -€39,021 | -80.8% |
| Suppliers | 440/4 | €48,295 | €9,273 | -€39,021 | -80.8% |
| Advances received on contracts in progress | 46 | €1,192 | - | -€1,192 | |
| Taxes, remuneration and social security | 45 | €13,710 | €4,889 | -€8,821 | -64.3% |
| Taxes | 450/3 | €881 | €213 | -€668 | -75.9% |
| Remuneration and social security | 454/9 | €12,829 | €4,676 | -€8,153 | -63.5% |
| Other amounts payable | 47/48 | €10,131 | €5,316 | -€4,816 | -47.5% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €131,338 | -€0 | -€131,339 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,920 | €6,920 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,000 | - | -€1,000 | |
| Other operating charges | 640/8 | €4,906 | €1,152 | -€3,754 | -76.5% |
| Gross operating margin | 9900 | €152,436 | -€5,467 | -€157,902 | |
| Operating profit (loss) | 9901 | €8,271 | -€13,539 | -€21,810 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €6,483 | €555 | -€5,928 | -91.4% |
| Recurring financial charges | 65 | €6,483 | €555 | -€5,928 | -91.4% |
| Profit (loss) for the period before taxes | 9903 | €1,789 | -€14,094 | -€15,883 | |
| Income taxes | 67/77 | €270 | - | -€270 | |
| Profit (loss) for the period | 9904 | €1,518 | -€14,094 | -€15,613 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,518 | -€14,094 | -€15,613 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.