Y-GROUP: 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-GROUP
Largest movements
- Tangible fixed assets -€105,329
down €105,329 (-15.6%), from €673,941 to €568,612
- Receivables within one year -€32,172
down €32,172 (-31.5%), from €102,264 to €70,092
of which Other amounts receivable: -€19,658
- Profit (loss) carried forward -€323,043
down €323,043 (-468.2%), from -€68,996 to -€392,038
- Other debts +€198,087
up €198,087 (+669.2%), from €29,602 to €227,688
- Debts after one year -€85,411
down €85,411 (-9.2%), from €926,698 to €841,287
- Trade debts +€45,314
up €45,314 (+62.4%), from €72,659 to €117,972
- Accrued charges and deferred income +€22,224
up €22,224 (+920.2%), from €2,415 to €24,639
- Gross operating margin -€181,632
down €181,632 (-65.0%), from €279,637 to €98,005
- Staff costs +€80,971
up €80,971 (+44.8%), from €180,820 to €261,791
- Financial income -€53,254
down €53,254 (-91.8%), from €58,000 to €4,746
- Financial charges +€15,339
up €15,339 (+63.3%), from €24,215 to €39,554
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 | €1,094,013 | €957,080 | -€136,933 | -12.5% |
| Formation expenses | 20 | €4,051 | - | -€4,051 | |
| Fixed assets | 21/28 | €939,520 | €836,612 | -€102,908 | -11.0% |
| Intangible fixed assets | 21 | €1,578 | €4,000 | +€2,421 | +153.4% |
| Tangible fixed assets | 22/27 | €673,941 | €568,612 | -€105,329 | -15.6% |
| Land and buildings | 22 | €304,847 | €266,489 | -€38,358 | -12.6% |
| Plant, machinery and equipment | 23 | €141,305 | €103,806 | -€37,499 | -26.5% |
| Furniture and vehicles | 24 | €15,402 | €13,497 | -€1,904 | -12.4% |
| Leasing and similar rights | 25 | €212,388 | €184,820 | -€27,568 | -13.0% |
| Financial fixed assets | 28 | €264,000 | €264,000 | = | 0.0% |
| Current assets | 29/58 | €150,443 | €120,468 | -€29,975 | -19.9% |
| Stocks and contracts in progress | 3 | €13,086 | €11,164 | -€1,921 | -14.7% |
| Stocks | 30/36 | €13,086 | €11,164 | -€1,921 | -14.7% |
| Amounts receivable within one year | 40/41 | €102,264 | €70,092 | -€32,172 | -31.5% |
| Trade receivables | 40 | €46,571 | €34,057 | -€12,514 | -26.9% |
| Other amounts receivable | 41 | €55,693 | €36,035 | -€19,658 | -35.3% |
| Cash at bank and in hand | 54/58 | €35,093 | €37,050 | +€1,956 | +5.6% |
| Deferred charges and accrued income | 490/1 | - | €2,163 | +€2,163 | |
| Total equity and liabilities | 10/49 | €1,094,013 | €957,080 | -€136,933 | -12.5% |
| Equity | 10/15 | -€59,624 | -€382,666 | -€323,043 | -541.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €3,372 | €3,372 | = | 0.0% |
| Distributable reserves | 133 | €3,372 | €3,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,996 | -€392,038 | -€323,043 | -468.2% |
| Amounts payable | 17/49 | €1,153,637 | €1,339,746 | +€186,109 | +16.1% |
| Amounts payable after more than one year | 17 | €926,698 | €841,287 | -€85,411 | -9.2% |
| Financial debts | 170/4 | €926,698 | €841,287 | -€85,411 | -9.2% |
| Amounts payable within one year | 42/48 | €224,524 | €473,820 | +€249,296 | +111.0% |
| Current portion of amounts payable after more than one year | 42 | €81,514 | €85,497 | +€3,983 | +4.9% |
| Trade debts | 44 | €72,659 | €117,972 | +€45,314 | +62.4% |
| Suppliers | 440/4 | €72,659 | €117,972 | +€45,314 | +62.4% |
| Advances received on contracts in progress | 46 | - | €796 | +€796 | |
| Taxes, remuneration and social security | 45 | €40,750 | €41,866 | +€1,116 | +2.7% |
| Taxes | 450/3 | €28,782 | €10,323 | -€18,459 | -64.1% |
| Remuneration and social security | 454/9 | €11,968 | €31,543 | +€19,575 | +163.6% |
| Other amounts payable | 47/48 | €29,602 | €227,688 | +€198,087 | +669.2% |
| Accrued charges and deferred income | 492/3 | €2,415 | €24,639 | +€22,224 | +920.2% |
| Remuneration, social security and pensions | 62 | €180,820 | €261,791 | +€80,971 | +44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,669 | €123,070 | +€2,401 | +2.0% |
| Other operating charges | 640/8 | €1,965 | €1,211 | -€753 | -38.3% |
| Gross operating margin | 9900 | €279,637 | €98,005 | -€181,632 | -65.0% |
| Operating profit (loss) | 9901 | -€23,817 | -€288,068 | -€264,250 | -1109.5% |
| Financial income | 75/76B | €58,000 | €4,746 | -€53,254 | -91.8% |
| Recurring financial income | 75 | €58,000 | €4,746 | -€53,254 | -91.8% |
| Financial charges | 65/66B | €24,215 | €39,554 | +€15,339 | +63.3% |
| Recurring financial charges | 65 | €24,215 | €39,554 | +€15,339 | +63.3% |
| Profit (loss) for the period before taxes | 9903 | €9,968 | -€322,875 | -€332,844 | |
| Income taxes | 67/77 | €55 | €167 | +€112 | +204.3% |
| Profit (loss) for the period | 9904 | €9,913 | -€323,043 | -€332,956 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,913 | -€323,043 | -€332,956 |
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 11 October 2026 via checked.be.