Y P BEHEER: 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.
What changed
Y P BEHEER
NACE 68.204, Real estate activities
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€500,053
2025 · €481,509+€18,544
Equity
€4.9m
2025 · €4.4m+€500,053
Cash
€1,616
2025 · €55,112-€53,496
Balance sheet total
€7.7m
2025 · €7.2m+€470,999
Largest movements
Assets
- Receivables within one year +€836,503
up €836,503 (+30.0%), from €2.8m to €3.6m
of which Other amounts receivable: +€881,552
- Tangible fixed assets -€312,008
down €312,008 (-7.1%), from €4.4m to €4.1m
Equity and liabilities
- Reserves +€482,509
up €482,509 (+20.8%), from €2.3m to €2.8m
of which Distributable reserves: +€457,409
- Other debts +€110,026
up €110,026 (+4.4%), from €2.5m to €2.6m
Income statement
- Depreciation -€16,950
down €16,950 (-5.2%), from €322,922 to €305,972
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.
Result 2025
€481,509
Gross operating margin
+€7,340
Staff costs
-€827
Depreciation
+€16,950
Other operating charges
-€4,890
Financial income
-€0
Financial charges
+€7,965
Taxes
-€7,994
Result 2026
€500,053
raises the resultlowers the result
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.
From operations
-€59,532
Investment
+€6,036
Financing
€0
Cash 2025
€55,112
From operations (derived)
-€59,532
Net result for the year
+€500,053
Depreciation
+€305,972
Receivables within one year
-€836,503
Trade debts
-€70,192
Tax, wage and social debts
-€6,282
Other debts
+€110,026
Accrued charges and deferred income
-€62,607
Investment (derived)
+€6,036
Investment in fixed assets (net)
+€6,036
Cash 2026
€1,616
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,248,574 | €7,719,572 | +€470,999 | +6.5% |
| Fixed assets | 21/28 | €4,401,105 | €4,089,097 | -€312,008 | -7.1% |
| Tangible fixed assets | 22/27 | €4,398,633 | €4,086,625 | -€312,008 | -7.1% |
| Land and buildings | 22 | €4,398,633 | €4,086,625 | -€312,008 | -7.1% |
| Financial fixed assets | 28 | €2,473 | €2,473 | = | 0.0% |
| Current assets | 29/58 | €2,847,468 | €3,630,475 | +€783,007 | +27.5% |
| Amounts receivable within one year | 40/41 | €2,792,356 | €3,628,859 | +€836,503 | +30.0% |
| Trade receivables | 40 | €173,673 | €128,624 | -€45,049 | -25.9% |
| Other amounts receivable | 41 | €2,618,683 | €3,500,235 | +€881,552 | +33.7% |
| Cash at bank and in hand | 54/58 | €55,112 | €1,616 | -€53,496 | -97.1% |
| Total equity and liabilities | 10/49 | €7,248,574 | €7,719,572 | +€470,999 | +6.5% |
| Equity | 10/15 | €4,421,796 | €4,921,849 | +€500,053 | +11.3% |
| Contributions | 10/11 | €1,548,488 | €1,548,488 | = | 0.0% |
| Capital | 10 | €1,548,488 | €1,548,488 | = | 0.0% |
| Issued capital | 100 | €1,548,488 | €1,548,488 | = | 0.0% |
| Revaluation surpluses | 12 | €99,902 | €99,902 | = | 0.0% |
| Reserves | 13 | €2,315,997 | €2,798,506 | +€482,509 | +20.8% |
| Non-distributable reserves | 130/1 | €82,100 | €107,200 | +€25,100 | +30.6% |
| Legal reserve | 130 | €82,100 | €107,200 | +€25,100 | +30.6% |
| Distributable reserves | 133 | €2,233,897 | €2,691,306 | +€457,409 | +20.5% |
| Profit (loss) carried forward | 14 | €457,409 | €474,953 | +€17,544 | +3.8% |
| Amounts payable | 17/49 | €2,826,778 | €2,797,723 | -€29,055 | -1.0% |
| Amounts payable within one year | 42/48 | €2,645,653 | €2,679,205 | +€33,552 | +1.3% |
| Trade debts | 44 | €97,155 | €26,963 | -€70,192 | -72.2% |
| Suppliers | 440/4 | €97,155 | €26,963 | -€70,192 | -72.2% |
| Taxes, remuneration and social security | 45 | €43,176 | €36,894 | -€6,282 | -14.5% |
| Taxes | 450/3 | €42,369 | €34,511 | -€7,858 | -18.5% |
| Remuneration and social security | 454/9 | €807 | €2,383 | +€1,576 | +195% |
| Other amounts payable | 47/48 | €2,505,322 | €2,615,348 | +€110,026 | +4.4% |
| Accrued charges and deferred income | 492/3 | €181,125 | €118,518 | -€62,607 | -34.6% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €27,757 | €28,584 | +€827 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €322,922 | €305,972 | -€16,950 | -5.2% |
| Other operating charges | 640/8 | €101,170 | €106,060 | +€4,890 | +4.8% |
| Gross operating margin | 9900 | €1,221,181 | €1,228,521 | +€7,340 | +0.6% |
| Operating profit (loss) | 9901 | €769,332 | €787,906 | +€18,573 | +2.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €127,320 | €119,355 | -€7,965 | -6.3% |
| Recurring financial charges | 65 | €127,320 | €119,355 | -€7,965 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €642,013 | €668,551 | +€26,538 | +4.1% |
| Income taxes | 67/77 | €160,503 | €168,497 | +€7,994 | +5.0% |
| Profit (loss) for the period | 9904 | €481,509 | €500,053 | +€18,544 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €481,509 | €500,053 | +€18,544 | +3.9% |
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 29 October 2026 via checked.be.