Y & P: 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 & P
Largest movements
- Tangible fixed assets +€29,121
up €29,121 (+4659.4%), from €625 to €29,746
of which Furniture and vehicles: +€29,253
- Cash -€8,897
down €8,897 (-45.1%), from €19,740 to €10,843
mainly Investment in fixed assets (net) (-€33,788) and Trade debts (-€26,763)
- Receivables within one year -€1,382
down €1,382 (-2.1%), from €66,944 to €65,562
of which Trade receivables: -€2,005
- Stocks and contracts -€1,322
down €1,322 (-8.0%), from €16,618 to €15,296
- Trade debts -€26,763
down €26,763 (-86.4%), from €30,979 to €4,216
- Debts after one year +€17,354
new in 2025: €17,354
- Profit (loss) carried forward +€13,927
up €13,927 (+33.0%), from €42,210 to €56,137
- Short-term financial debts +€9,509
new in 2025: €9,509
- Current portion of long-term debt +€4,174
up €4,174 (+786.1%), from €531 to €4,705
- Gross operating margin +€7,425
up €7,425 (+28.0%), from €26,553 to €33,978
- Financial charges +€1,858
up €1,858 (+23.9%), from €7,790 to €9,648
- Depreciation +€1,495
up €1,495 (+47.1%), from €3,172 to €4,667
- Other operating charges +€1,253
up €1,253 (+72.7%), from €1,724 to €2,977
- Taxes -€847
down €847 (-23.5%), from €3,610 to €2,763
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 | €104,093 | €121,447 | +€17,354 | +16.7% |
| Fixed assets | 21/28 | €625 | €29,746 | +€29,121 | +4659.4% |
| Tangible fixed assets | 22/27 | €625 | €29,746 | +€29,121 | +4659.4% |
| Plant, machinery and equipment | 23 | €589 | €457 | -€132 | -22.4% |
| Furniture and vehicles | 24 | €36 | €29,289 | +€29,253 | +81258.3% |
| Current assets | 29/58 | €103,468 | €91,701 | -€11,767 | -11.4% |
| Stocks and contracts in progress | 3 | €16,618 | €15,296 | -€1,322 | -8.0% |
| Stocks | 30/36 | €16,618 | €15,296 | -€1,322 | -8.0% |
| Amounts receivable within one year | 40/41 | €66,944 | €65,562 | -€1,382 | -2.1% |
| Trade receivables | 40 | €62,313 | €60,308 | -€2,005 | -3.2% |
| Other amounts receivable | 41 | €4,631 | €5,254 | +€623 | +13.5% |
| Cash at bank and in hand | 54/58 | €19,740 | €10,843 | -€8,897 | -45.1% |
| Deferred charges and accrued income | 490/1 | €166 | - | -€166 | |
| Total equity and liabilities | 10/49 | €104,093 | €121,447 | +€17,354 | +16.7% |
| Equity | 10/15 | €68,973 | €82,900 | +€13,927 | +20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,163 | €8,163 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,303 | €6,303 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,210 | €56,137 | +€13,927 | +33.0% |
| Amounts payable | 17/49 | €35,120 | €38,547 | +€3,427 | +9.8% |
| Amounts payable after more than one year | 17 | - | €17,354 | +€17,354 | |
| Financial debts | 170/4 | - | €17,354 | +€17,354 | |
| Amounts payable within one year | 42/48 | €35,120 | €21,193 | -€13,927 | -39.7% |
| Current portion of amounts payable after more than one year | 42 | €531 | €4,705 | +€4,174 | +786.1% |
| Financial debts | 43 | - | €9,509 | +€9,509 | |
| Credit institutions | 430/8 | - | €9,509 | +€9,509 | |
| Trade debts | 44 | €30,979 | €4,216 | -€26,763 | -86.4% |
| Suppliers | 440/4 | €30,979 | €4,216 | -€26,763 | -86.4% |
| Taxes, remuneration and social security | 45 | €3,610 | €2,763 | -€847 | -23.5% |
| Taxes | 450/3 | €3,610 | €2,763 | -€847 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,172 | €4,667 | +€1,495 | +47.1% |
| Other operating charges | 640/8 | €1,724 | €2,977 | +€1,253 | +72.7% |
| Gross operating margin | 9900 | €26,553 | €33,978 | +€7,425 | +28.0% |
| Operating profit (loss) | 9901 | €21,657 | €26,334 | +€4,677 | +21.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €7,790 | €9,648 | +€1,858 | +23.9% |
| Recurring financial charges | 65 | €7,790 | €9,648 | +€1,858 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €13,867 | €16,690 | +€2,823 | +20.4% |
| Income taxes | 67/77 | €3,610 | €2,763 | -€847 | -23.5% |
| Profit (loss) for the period | 9904 | €10,257 | €13,927 | +€3,670 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,257 | €13,927 | +€3,670 | +35.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.