Y-DA: 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.
Y-DA
Largest movements
- Tangible fixed assets +€512,486
up €512,486 (+337.3%), from €151,957 to €664,443
of which Land and buildings: +€591,168
- Cash -€65,965
down €65,965 (-40.5%), from €162,729 to €96,764
mainly Investment in fixed assets (net) (-€518,854) and Trade debts (-€27,749)
- Financial fixed assets -€24,000
no longer reported in 2025 (was €24,000)
- Receivables within one year -€15,053
down €15,053 (-9.7%), from €154,830 to €139,776
of which Other amounts receivable: -€13,967
- Debts after one year +€429,488
new in 2025: €429,488
- Current portion of long-term debt +€45,469
up €45,469 (+2651.9%), from €1,715 to €47,184
- Trade debts -€27,749
down €27,749 (-70.5%), from €39,332 to €11,584
- Profit (loss) carried forward -€20,753
down €20,753 (-28.5%), from €72,921 to €52,168
- Tax, wage and social debts -€9,649
down €9,649 (-20.7%), from €46,584 to €36,935
of which Taxes: -€11,422
- Turnover -€196,200
down €196,200 (-12.4%), from €1.6m to €1.4m
- Purchases and services -€143,649
down €143,649 (-11.8%), from €1.2m to €1.1m
- Staff costs -€117,697
down €117,697 (-42.4%), from €277,695 to €159,998
- Other operating charges +€89,938
up €89,938 (+380.8%), from €23,620 to €113,558
- Gross operating margin -€52,551
down €52,551 (-14.6%), from €360,025 to €307,473
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 | €527,986 | €944,740 | +€416,753 | +78.9% |
| Fixed assets | 21/28 | €175,957 | €664,443 | +€488,486 | +277.6% |
| Tangible fixed assets | 22/27 | €151,957 | €664,443 | +€512,486 | +337.3% |
| Land and buildings | 22 | - | €591,168 | +€591,168 | |
| Plant, machinery and equipment | 23 | €5,765 | €6,797 | +€1,032 | +17.9% |
| Furniture and vehicles | 24 | €94,692 | €20,539 | -€74,154 | -78.3% |
| Other tangible fixed assets | 26 | €51,500 | €45,940 | -€5,560 | -10.8% |
| Financial fixed assets | 28 | €24,000 | - | -€24,000 | |
| Current assets | 29/58 | €352,029 | €280,296 | -€71,733 | -20.4% |
| Stocks and contracts in progress | 3 | €29,772 | €38,742 | +€8,969 | +30.1% |
| Stocks | 30/36 | €29,772 | €38,742 | +€8,969 | +30.1% |
| Amounts receivable within one year | 40/41 | €154,830 | €139,776 | -€15,053 | -9.7% |
| Trade receivables | 40 | €1,124 | €38 | -€1,086 | -96.6% |
| Other amounts receivable | 41 | €153,706 | €139,738 | -€13,967 | -9.1% |
| Cash at bank and in hand | 54/58 | €162,729 | €96,764 | -€65,965 | -40.5% |
| Deferred charges and accrued income | 490/1 | €4,697 | €5,014 | +€317 | +6.7% |
| Total equity and liabilities | 10/49 | €527,986 | €944,740 | +€416,753 | +78.9% |
| Equity | 10/15 | €440,301 | €419,549 | -€20,753 | -4.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €267,380 | €267,380 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €257,380 | €257,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,921 | €52,168 | -€20,753 | -28.5% |
| Amounts payable | 17/49 | €87,685 | €525,191 | +€437,506 | +499.0% |
| Amounts payable after more than one year | 17 | - | €429,488 | +€429,488 | |
| Financial debts | 170/4 | - | €429,488 | +€429,488 | |
| Amounts payable within one year | 42/48 | €87,685 | €95,703 | +€8,018 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €1,715 | €47,184 | +€45,469 | +2651.9% |
| Trade debts | 44 | €39,332 | €11,584 | -€27,749 | -70.5% |
| Suppliers | 440/4 | €39,332 | €11,584 | -€27,749 | -70.5% |
| Taxes, remuneration and social security | 45 | €46,584 | €36,935 | -€9,649 | -20.7% |
| Taxes | 450/3 | €26,045 | €14,623 | -€11,422 | -43.9% |
| Remuneration and social security | 454/9 | €20,539 | €22,312 | +€1,773 | +8.6% |
| Other amounts payable | 47/48 | €54 | - | -€54 | |
| Turnover | 70 | €1,577,315 | €1,381,114 | -€196,200 | -12.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,217,290 | €1,073,641 | -€143,649 | -11.8% |
| Remuneration, social security and pensions | 62 | €277,695 | €159,998 | -€117,697 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,097 | €30,368 | -€5,728 | -15.9% |
| Other operating charges | 640/8 | €23,620 | €113,558 | +€89,938 | +380.8% |
| Non-recurring operating charges | 66A | - | €19,978 | +€19,978 | |
| Gross operating margin | 9900 | €360,025 | €307,473 | -€52,551 | -14.6% |
| Operating profit (loss) | 9901 | €22,613 | -€16,429 | -€39,042 | |
| Financial income | 75/76B | €4,715 | €8,230 | +€3,515 | +74.6% |
| Recurring financial income | 75 | €4,715 | €8,230 | +€3,515 | +74.6% |
| Financial charges | 65/66B | €9,045 | €12,175 | +€3,130 | +34.6% |
| Recurring financial charges | 65 | €9,045 | €12,175 | +€3,130 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €18,282 | -€20,374 | -€38,656 | |
| Income taxes | 67/77 | €17,879 | €379 | -€17,500 | -97.9% |
| Profit (loss) for the period | 9904 | €404 | -€20,753 | -€21,156 | |
| Profit (loss) for the period to be appropriated | 9905 | €404 | -€20,753 | -€21,156 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.