y-Pat: 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-Pat
Largest movements
- Cash +€18,159
up €18,159 (+38.0%), from €47,841 to €66,000
mainly Net result for the year (+€40,416) and Receivables within one year (+€15,340)
- Receivables within one year -€15,340
down €15,340 (-37.1%), from €41,327 to €25,986
- Current investments -€12,376
down €12,376 (-8.3%), from €148,758 to €136,383
- Other debts -€15,563
down €15,563 (-22.3%), from €69,845 to €54,282
- Reserves +€10,016
up €10,016 (+6.7%), from €148,414 to €158,430
- Tax, wage and social debts -€3,876
down €3,876 (-28.1%), from €13,812 to €9,935
- Gross operating margin +€8,112
up €8,112 (+17.4%), from €46,671 to €54,784
- Financial income +€3,632
up €3,632 (+127%), from €2,857 to €6,489
- Taxes +€1,727
up €1,727 (+11.6%), from €14,951 to €16,678
- Depreciation +€903
up €903 (+385%), from €235 to €1,138
- Financial charges +€661
up €661 (+38.1%), from €1,738 to €2,399
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 | €243,394 | €233,103 | -€10,291 | -4.2% |
| Fixed assets | 21/28 | €3,884 | €2,746 | -€1,138 | -29.3% |
| Tangible fixed assets | 22/27 | €3,884 | €2,746 | -€1,138 | -29.3% |
| Plant, machinery and equipment | 23 | €3,884 | €2,746 | -€1,138 | -29.3% |
| Current assets | 29/58 | €239,510 | €230,357 | -€9,153 | -3.8% |
| Amounts receivable within one year | 40/41 | €41,327 | €25,986 | -€15,340 | -37.1% |
| Trade receivables | 40 | €41,327 | €25,986 | -€15,340 | -37.1% |
| Current investments | 50/53 | €148,758 | €136,383 | -€12,376 | -8.3% |
| Cash at bank and in hand | 54/58 | €47,841 | €66,000 | +€18,159 | +38.0% |
| Deferred charges and accrued income | 490/1 | €1,584 | €1,988 | +€404 | +25.5% |
| Total equity and liabilities | 10/49 | €243,394 | €233,103 | -€10,291 | -4.2% |
| Equity | 10/15 | €157,249 | €167,265 | +€10,016 | +6.4% |
| Contributions | 10/11 | €8,835 | €8,835 | = | 0.0% |
| Reserves | 13 | €148,414 | €158,430 | +€10,016 | +6.7% |
| Distributable reserves | 133 | €148,414 | €158,430 | +€10,016 | +6.7% |
| Amounts payable | 17/49 | €86,145 | €65,838 | -€20,307 | -23.6% |
| Amounts payable within one year | 42/48 | €86,145 | €65,838 | -€20,307 | -23.6% |
| Trade debts | 44 | €2,489 | €1,621 | -€868 | -34.9% |
| Suppliers | 440/4 | €2,489 | €1,621 | -€868 | -34.9% |
| Taxes, remuneration and social security | 45 | €13,812 | €9,935 | -€3,876 | -28.1% |
| Taxes | 450/3 | €13,812 | €9,935 | -€3,876 | -28.1% |
| Other amounts payable | 47/48 | €69,845 | €54,282 | -€15,563 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235 | €1,138 | +€903 | +385% |
| Other operating charges | 640/8 | €912 | €642 | -€270 | -29.6% |
| Gross operating margin | 9900 | €46,671 | €54,784 | +€8,112 | +17.4% |
| Operating profit (loss) | 9901 | €45,525 | €53,004 | +€7,479 | +16.4% |
| Financial income | 75/76B | €2,857 | €6,489 | +€3,632 | +127% |
| Recurring financial income | 75 | €2,857 | €6,489 | +€3,632 | +127% |
| Financial charges | 65/66B | €1,738 | €2,399 | +€661 | +38.1% |
| Recurring financial charges | 65 | €1,738 | €2,399 | +€661 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | €46,644 | €57,095 | +€10,450 | +22.4% |
| Income taxes | 67/77 | €14,951 | €16,678 | +€1,727 | +11.6% |
| Profit (loss) for the period | 9904 | €31,693 | €40,416 | +€8,723 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,693 | €40,416 | +€8,723 | +27.5% |
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 15 October 2026 via checked.be.