Y-Construct: 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.
Y-Construct
Largest movements
- Tangible fixed assets +€29,392
up €29,392 (+126%), from €23,323 to €52,714
of which Furniture and vehicles: +€29,796
- Receivables within one year +€28,138
up €28,138 (+73.5%), from €38,277 to €66,415
of which Trade receivables: +€24,472
- Cash -€9,809
down €9,809 (-95.3%), from €10,297 to €488
mainly Investment in fixed assets (net) (-€41,544) and Receivables within one year (-€28,138)
- Stocks and contracts +€7,387
new in 2025: €7,387
- Debts after one year +€38,354
new in 2025: €38,354
- Current portion of long-term debt +€15,538
up €15,538 (+3,138%), from €495 to €16,033
- Advances received +€4,774
up €4,774 (+61.3%), from €7,783 to €12,557
- Trade debts -€2,520
down €2,520 (-5.4%), from €46,650 to €44,130
- Gross operating margin +€10,001
up €10,001 (+115%), from €8,701 to €18,702
- Depreciation +€7,808
up €7,808 (+180%), from €4,344 to €12,153
- Financial charges +€5,055
up €5,055 (+621%), from €815 to €5,869
- Taxes -€1,195
down €1,195 (-45.5%), from €2,629 to €1,433
- Other operating charges -€671
down €671 (-50.1%), from €1,338 to €667
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 | €71,907 | €127,054 | +€55,147 | +76.7% |
| Fixed assets | 21/28 | €23,323 | €52,714 | +€29,392 | +126% |
| Tangible fixed assets | 22/27 | €23,323 | €52,714 | +€29,392 | +126% |
| Plant, machinery and equipment | 23 | €770 | €366 | -€404 | -52.4% |
| Furniture and vehicles | 24 | €22,552 | €52,348 | +€29,796 | +132% |
| Current assets | 29/58 | €48,584 | €74,340 | +€25,755 | +53.0% |
| Stocks and contracts in progress | 3 | - | €7,387 | +€7,387 | |
| Contracts in progress | 37 | - | €7,387 | +€7,387 | |
| Amounts receivable within one year | 40/41 | €38,277 | €66,415 | +€28,138 | +73.5% |
| Trade receivables | 40 | €30,195 | €54,667 | +€24,472 | +81.0% |
| Other amounts receivable | 41 | €8,082 | €11,748 | +€3,666 | +45.4% |
| Cash at bank and in hand | 54/58 | €10,297 | €488 | -€9,809 | -95.3% |
| Deferred charges and accrued income | 490/1 | €11 | €50 | +€40 | +378% |
| Total equity and liabilities | 10/49 | €71,907 | €127,054 | +€55,147 | +76.7% |
| Equity | 10/15 | €7,311 | €6,423 | -€888 | -12.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €58 | €58 | = | 0.0% |
| Distributable reserves | 133 | €58 | €58 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,754 | €3,865 | -€888 | -18.7% |
| Amounts payable | 17/49 | €64,596 | €120,631 | +€56,035 | +86.7% |
| Amounts payable after more than one year | 17 | - | €38,354 | +€38,354 | |
| Financial debts | 170/4 | - | €38,354 | +€38,354 | |
| Amounts payable within one year | 42/48 | €64,596 | €82,277 | +€17,681 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €495 | €16,033 | +€15,538 | +3,138% |
| Trade debts | 44 | €46,650 | €44,130 | -€2,520 | -5.4% |
| Suppliers | 440/4 | €46,650 | €44,130 | -€2,520 | -5.4% |
| Advances received on contracts in progress | 46 | €7,783 | €12,557 | +€4,774 | +61.3% |
| Taxes, remuneration and social security | 45 | €9,668 | €9,558 | -€111 | -1.1% |
| Taxes | 450/3 | €9,668 | €9,558 | -€111 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,344 | €12,153 | +€7,808 | +180% |
| Other operating charges | 640/8 | €1,338 | €667 | -€671 | -50.1% |
| Gross operating margin | 9900 | €8,701 | €18,702 | +€10,001 | +115% |
| Operating profit (loss) | 9901 | €3,019 | €5,882 | +€2,864 | +94.9% |
| Financial income | 75/76B | €543 | €532 | -€10 | -1.9% |
| Recurring financial income | 75 | €543 | €532 | -€10 | -1.9% |
| Financial charges | 65/66B | €815 | €5,869 | +€5,055 | +621% |
| Recurring financial charges | 65 | €815 | €5,869 | +€5,055 | +621% |
| Profit (loss) for the period before taxes | 9903 | €2,747 | €545 | -€2,201 | -80.1% |
| Income taxes | 67/77 | €2,629 | €1,433 | -€1,195 | -45.5% |
| Profit (loss) for the period | 9904 | €118 | -€888 | -€1,006 | |
| Profit (loss) for the period to be appropriated | 9905 | €118 | -€888 | -€1,006 |
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 13 October 2026 via checked.be.