Y-NOT: 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-NOT
Largest movements
- Cash +€98,120
up €98,120 (+61.2%), from €160,455 to €258,575
mainly Net result for the year (+€192,972) and Other debts (+€192,139)
- Tangible fixed assets +€7,057
up €7,057 (+59.8%), from €11,802 to €18,859
of which Furniture and vehicles: +€7,500
- Other debts +€192,139
up €192,139 (+23066.0%), from €833 to €192,972
- Reserves -€47,059
down €47,059 (-19.9%), from €235,928 to €188,869
- Debts after one year -€28,823
down €28,823 (-30.0%), from €96,021 to €67,197
- Tax, wage and social debts -€18,129
down €18,129 (-60.0%), from €30,228 to €12,099
of which Taxes: -€18,155
- Current portion of long-term debt +€5,848
up €5,848 (+20.9%), from €27,975 to €33,823
- Financial income +€25,591
up €25,591 (+25.3%), from €101,018 to €126,609
- Gross operating margin +€4,420
up €4,420 (+4.6%), from €97,081 to €101,501
- Other operating charges +€1,334
up €1,334 (+246.8%), from €541 to €1,875
- Financial charges -€1,064
down €1,064 (-17.2%), from €6,176 to €5,112
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 | €394,047 | €498,758 | +€104,711 | +26.6% |
| Fixed assets | 21/28 | €212,552 | €219,609 | +€7,057 | +3.3% |
| Tangible fixed assets | 22/27 | €11,802 | €18,859 | +€7,057 | +59.8% |
| Plant, machinery and equipment | 23 | €9,415 | €8,973 | -€442 | -4.7% |
| Furniture and vehicles | 24 | €2,387 | €9,886 | +€7,500 | +314.2% |
| Financial fixed assets | 28 | €200,750 | €200,750 | = | 0.0% |
| Current assets | 29/58 | €181,495 | €279,149 | +€97,654 | +53.8% |
| Amounts receivable within one year | 40/41 | €19,468 | €19,603 | +€135 | +0.7% |
| Trade receivables | 40 | €18,318 | €18,150 | -€168 | -0.9% |
| Other amounts receivable | 41 | €1,150 | €1,453 | +€303 | +26.4% |
| Cash at bank and in hand | 54/58 | €160,455 | €258,575 | +€98,120 | +61.2% |
| Deferred charges and accrued income | 490/1 | €1,573 | €971 | -€602 | -38.3% |
| Total equity and liabilities | 10/49 | €394,047 | €498,758 | +€104,711 | +26.6% |
| Equity | 10/15 | €235,928 | €188,869 | -€47,059 | -19.9% |
| Reserves | 13 | €235,928 | €188,869 | -€47,059 | -19.9% |
| Distributable reserves | 133 | €235,928 | €188,869 | -€47,059 | -19.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €158,119 | €309,888 | +€151,770 | +96.0% |
| Amounts payable after more than one year | 17 | €96,021 | €67,197 | -€28,823 | -30.0% |
| Financial debts | 170/4 | €96,021 | €67,197 | -€28,823 | -30.0% |
| Amounts payable within one year | 42/48 | €62,098 | €242,691 | +€180,593 | +290.8% |
| Current portion of amounts payable after more than one year | 42 | €27,975 | €33,823 | +€5,848 | +20.9% |
| Trade debts | 44 | €3,062 | €3,796 | +€734 | +24.0% |
| Suppliers | 440/4 | €3,062 | €3,796 | +€734 | +24.0% |
| Taxes, remuneration and social security | 45 | €30,228 | €12,099 | -€18,129 | -60.0% |
| Taxes | 450/3 | €27,377 | €9,223 | -€18,155 | -66.3% |
| Remuneration and social security | 454/9 | €2,850 | €2,876 | +€26 | +0.9% |
| Other amounts payable | 47/48 | €833 | €192,972 | +€192,139 | +23066.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,254 | €2,351 | +€97 | +4.3% |
| Other operating charges | 640/8 | €541 | €1,875 | +€1,334 | +246.8% |
| Gross operating margin | 9900 | €97,081 | €101,501 | +€4,420 | +4.6% |
| Operating profit (loss) | 9901 | €94,287 | €97,276 | +€2,989 | +3.2% |
| Financial income | 75/76B | €101,018 | €126,609 | +€25,591 | +25.3% |
| Recurring financial income | 75 | €101,018 | €126,609 | +€25,591 | +25.3% |
| Financial charges | 65/66B | €6,176 | €5,112 | -€1,064 | -17.2% |
| Recurring financial charges | 65 | €6,176 | €5,112 | -€1,064 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €189,129 | €218,773 | +€29,644 | +15.7% |
| Income taxes | 67/77 | €25,001 | €25,801 | +€800 | +3.2% |
| Profit (loss) for the period | 9904 | €164,128 | €192,972 | +€28,845 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €164,128 | €192,972 | +€28,845 | +17.6% |
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 12 October 2026 via checked.be.