Y.Dea: 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.Dea
Largest movements
- Cash -€25,978
down €25,978 (-31.8%), from €81,783 to €55,805
mainly Investment in fixed assets (net) (-€81,506) and Debts after one year (-€73,269)
- Receivables within one year -€19,959
down €19,959 (-97.3%), from €20,517 to €558
of which Trade receivables: -€19,864
- Debts after one year -€73,269
down €73,269 (-20.7%), from €353,482 to €280,212
- Reserves +€25,335
up €25,335 (+52.2%), from €48,517 to €73,852
of which Distributable reserves: +€25,335
- Gross operating margin +€20,184
up €20,184 (+13.3%), from €151,327 to €171,510
- Depreciation -€10,507
down €10,507 (-12.0%), from €87,750 to €77,243
- Staff costs +€7,011
up €7,011 (+29.8%), from €23,563 to €30,574
- Taxes +€4,772
up €4,772 (+106%), from €4,494 to €9,266
- Financial charges +€2,010
up €2,010 (+7.9%), from €25,502 to €27,512
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,233,598 | €1,192,285 | -€41,313 | -3.3% |
| Fixed assets | 21/28 | €1,114,809 | €1,119,072 | +€4,263 | +0.4% |
| Tangible fixed assets | 22/27 | €1,114,009 | €1,118,272 | +€4,263 | +0.4% |
| Land and buildings | 22 | €1,096,569 | €1,095,545 | -€1,024 | -0.1% |
| Plant, machinery and equipment | 23 | €14,628 | €20,953 | +€6,325 | +43.2% |
| Furniture and vehicles | 24 | €2,812 | €1,774 | -€1,038 | -36.9% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €118,789 | €73,213 | -€45,576 | -38.4% |
| Stocks and contracts in progress | 3 | €3,663 | €4,186 | +€523 | +14.3% |
| Stocks | 30/36 | €3,663 | €4,186 | +€523 | +14.3% |
| Amounts receivable within one year | 40/41 | €20,517 | €558 | -€19,959 | -97.3% |
| Trade receivables | 40 | €19,921 | €57 | -€19,864 | -99.7% |
| Other amounts receivable | 41 | €596 | €501 | -€95 | -15.9% |
| Cash at bank and in hand | 54/58 | €81,783 | €55,805 | -€25,978 | -31.8% |
| Deferred charges and accrued income | 490/1 | €12,826 | €12,664 | -€163 | -1.3% |
| Total equity and liabilities | 10/49 | €1,233,598 | €1,192,285 | -€41,313 | -3.3% |
| Equity | 10/15 | €294,867 | €320,201 | +€25,335 | +8.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €48,517 | €73,852 | +€25,335 | +52.2% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €24,767 | €50,102 | +€25,335 | +102% |
| Profit (loss) carried forward | 14 | €196,350 | €196,350 | = | 0.0% |
| Amounts payable | 17/49 | €938,732 | €872,084 | -€66,648 | -7.1% |
| Amounts payable after more than one year | 17 | €353,482 | €280,212 | -€73,269 | -20.7% |
| Financial debts | 170/4 | €353,482 | €280,212 | -€73,269 | -20.7% |
| Amounts payable within one year | 42/48 | €580,850 | €587,113 | +€6,263 | +1.1% |
| Financial debts | 43 | €71,722 | €73,654 | +€1,932 | +2.7% |
| Credit institutions | 430/8 | €71,722 | €73,654 | +€1,932 | +2.7% |
| Trade debts | 44 | €23,734 | €20,423 | -€3,311 | -13.9% |
| Suppliers | 440/4 | €23,734 | €20,423 | -€3,311 | -13.9% |
| Taxes, remuneration and social security | 45 | €19,905 | €20,376 | +€471 | +2.4% |
| Taxes | 450/3 | €17,374 | €20,376 | +€3,002 | +17.3% |
| Remuneration and social security | 454/9 | €2,531 | - | -€2,531 | |
| Other amounts payable | 47/48 | €465,489 | €472,659 | +€7,170 | +1.5% |
| Accrued charges and deferred income | 492/3 | €4,400 | €4,759 | +€359 | +8.2% |
| Remuneration, social security and pensions | 62 | €23,563 | €30,574 | +€7,011 | +29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,750 | €77,243 | -€10,507 | -12.0% |
| Other operating charges | 640/8 | €2,391 | €2,484 | +€93 | +3.9% |
| Gross operating margin | 9900 | €151,327 | €171,510 | +€20,184 | +13.3% |
| Operating profit (loss) | 9901 | €37,623 | €61,210 | +€23,586 | +62.7% |
| Financial income | 75/76B | €769 | €903 | +€134 | +17.4% |
| Recurring financial income | 75 | €769 | €903 | +€134 | +17.4% |
| Financial charges | 65/66B | €25,502 | €27,512 | +€2,010 | +7.9% |
| Recurring financial charges | 65 | €25,502 | €27,512 | +€2,010 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €12,890 | €34,601 | +€21,711 | +168% |
| Income taxes | 67/77 | €4,494 | €9,266 | +€4,772 | +106% |
| Profit (loss) for the period | 9904 | €8,396 | €25,335 | +€16,938 | +202% |
| Profit (loss) for the period to be appropriated | 9905 | €8,396 | €25,335 | +€16,938 | +202% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.