Y.H.Y.: 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.H.Y.
Largest movements
- Receivables within one year +€60,147
up €60,147 (+81.7%), from €73,617 to €133,764
of which Trade receivables: +€90,886
- Cash -€17,080
down €17,080 (-46.5%), from €36,715 to €19,635
mainly Receivables within one year (-€60,147) and Stocks and contracts (-€13,993)
- Stocks and contracts +€13,993
up €13,993 (+743%), from €1,883 to €15,877
- Tangible fixed assets -€9,818
down €9,818 (-28.7%), from €34,226 to €24,408
of which Furniture and vehicles: -€6,500
- Debts after one year +€32,921
up €32,921 (+333%), from €9,875 to €42,796
- Reserves +€10,477
up €10,477 (+11.4%), from €91,839 to €102,316
of which Distributable reserves: +€10,477
- Current portion of long-term debt +€3,470
up €3,470 (+59.2%), from €5,859 to €9,329
- Gross operating margin -€11,264
down €11,264 (-27.5%), from €40,914 to €29,650
- Taxes -€4,024
down €4,024 (-50.6%), from €7,954 to €3,930
- Other operating charges +€1,386
up €1,386 (+117%), from €1,182 to €2,567
- Financial charges +€884
up €884 (+44.7%), from €1,980 to €2,865
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 | €152,569 | €200,371 | +€47,802 | +31.3% |
| Fixed assets | 21/28 | €40,354 | €30,536 | -€9,818 | -24.3% |
| Tangible fixed assets | 22/27 | €34,226 | €24,408 | -€9,818 | -28.7% |
| Land and buildings | 22 | €11,320 | €9,905 | -€1,415 | -12.5% |
| Plant, machinery and equipment | 23 | €2,417 | €1,529 | -€888 | -36.7% |
| Furniture and vehicles | 24 | €12,458 | €5,958 | -€6,500 | -52.2% |
| Other tangible fixed assets | 26 | €8,031 | €7,016 | -€1,015 | -12.6% |
| Financial fixed assets | 28 | €6,128 | €6,128 | = | 0.0% |
| Current assets | 29/58 | €112,215 | €169,835 | +€57,620 | +51.3% |
| Stocks and contracts in progress | 3 | €1,883 | €15,877 | +€13,993 | +743% |
| Stocks | 30/36 | €1,883 | €15,877 | +€13,993 | +743% |
| Amounts receivable within one year | 40/41 | €73,617 | €133,764 | +€60,147 | +81.7% |
| Trade receivables | 40 | €37,092 | €127,977 | +€90,886 | +245% |
| Other amounts receivable | 41 | €36,525 | €5,786 | -€30,739 | -84.2% |
| Cash at bank and in hand | 54/58 | €36,715 | €19,635 | -€17,080 | -46.5% |
| Deferred charges and accrued income | 490/1 | - | €559 | +€559 | |
| Total equity and liabilities | 10/49 | €152,569 | €200,371 | +€47,802 | +31.3% |
| Equity | 10/15 | €98,039 | €108,516 | +€10,477 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €91,839 | €102,316 | +€10,477 | +11.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €89,979 | €100,456 | +€10,477 | +11.6% |
| Amounts payable | 17/49 | €54,530 | €91,856 | +€37,326 | +68.5% |
| Amounts payable after more than one year | 17 | €9,875 | €42,796 | +€32,921 | +333% |
| Financial debts | 170/4 | €9,875 | €42,796 | +€32,921 | +333% |
| Amounts payable within one year | 42/48 | €44,655 | €49,060 | +€4,405 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €5,859 | €9,329 | +€3,470 | +59.2% |
| Trade debts | 44 | €27,336 | €27,336 | = | 0.0% |
| Suppliers | 440/4 | €27,336 | €27,336 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,428 | €12,363 | +€935 | +8.2% |
| Taxes | 450/3 | €11,428 | €11,603 | +€174 | +1.5% |
| Remuneration and social security | 454/9 | - | €761 | +€761 | |
| Other amounts payable | 47/48 | €31 | €31 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,221 | €9,818 | -€404 | -3.9% |
| Other operating charges | 640/8 | €1,182 | €2,567 | +€1,386 | +117% |
| Gross operating margin | 9900 | €40,914 | €29,650 | -€11,264 | -27.5% |
| Operating profit (loss) | 9901 | €29,511 | €17,265 | -€12,246 | -41.5% |
| Financial income | 75/76B | €32 | €7 | -€26 | -79.7% |
| Recurring financial income | 75 | €32 | €7 | -€26 | -79.7% |
| Financial charges | 65/66B | €1,980 | €2,865 | +€884 | +44.7% |
| Recurring financial charges | 65 | €1,980 | €2,865 | +€884 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €27,563 | €14,407 | -€13,156 | -47.7% |
| Income taxes | 67/77 | €7,954 | €3,930 | -€4,024 | -50.6% |
| Profit (loss) for the period | 9904 | €19,609 | €10,477 | -€9,132 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,609 | €10,477 | -€9,132 | -46.6% |
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 23 October 2026 via checked.be.