Y-Projects: 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-Projects
Largest movements
- Cash -€8,680
down €8,680 (-93.0%), from €9,335 to €655
mainly Debts after one year (-€19,646) and Investment in fixed assets (net) (-€13,530)
- Receivables within one year -€4,399
down €4,399 (-65.2%), from €6,751 to €2,352
- Debts after one year -€19,646
down €19,646 (-6.4%), from €305,366 to €285,721
- Profit (loss) carried forward +€5,347
up €5,347 (+97.4%), from -€5,491 to -€144
- Other operating charges +€2,333
up €2,333 (+84.3%), from €2,768 to €5,101
- Financial charges -€1,829
down €1,829 (-14.0%), from €13,042 to €11,213
- Gross operating margin +€1,475
up €1,475 (+4.1%), from €35,793 to €37,268
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 | €388,937 | €375,600 | -€13,336 | -3.4% |
| Fixed assets | 21/28 | €370,151 | €368,007 | -€2,144 | -0.6% |
| Tangible fixed assets | 22/27 | €370,151 | €368,007 | -€2,144 | -0.6% |
| Land and buildings | 22 | €370,151 | €368,007 | -€2,144 | -0.6% |
| Current assets | 29/58 | €18,786 | €7,593 | -€11,193 | -59.6% |
| Amounts receivable within one year | 40/41 | €6,751 | €2,352 | -€4,399 | -65.2% |
| Other amounts receivable | 41 | €6,751 | €2,352 | -€4,399 | -65.2% |
| Cash at bank and in hand | 54/58 | €9,335 | €655 | -€8,680 | -93.0% |
| Deferred charges and accrued income | 490/1 | €2,700 | €4,586 | +€1,886 | +69.9% |
| Total equity and liabilities | 10/49 | €388,937 | €375,600 | -€13,336 | -3.4% |
| Equity | 10/15 | €655 | €6,003 | +€5,347 | +815.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,147 | €3,147 | = | 0.0% |
| Distributable reserves | 133 | €3,147 | €3,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,491 | -€144 | +€5,347 | +97.4% |
| Amounts payable | 17/49 | €388,281 | €369,598 | -€18,683 | -4.8% |
| Amounts payable after more than one year | 17 | €305,366 | €285,721 | -€19,646 | -6.4% |
| Financial debts | 170/4 | €305,366 | €285,721 | -€19,646 | -6.4% |
| Amounts payable within one year | 42/48 | €80,657 | €81,549 | +€891 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €18,970 | €19,646 | +€676 | +3.6% |
| Trade debts | 44 | €64 | €3,716 | +€3,652 | +5724.1% |
| Suppliers | 440/4 | €64 | €3,716 | +€3,652 | +5724.1% |
| Other amounts payable | 47/48 | €61,624 | €58,187 | -€3,437 | -5.6% |
| Accrued charges and deferred income | 492/3 | €2,257 | €2,328 | +€71 | +3.1% |
| Non-recurring operating income | 76A | - | €3,885 | +€3,885 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,394 | €15,674 | +€280 | +1.8% |
| Other operating charges | 640/8 | €2,768 | €5,101 | +€2,333 | +84.3% |
| Gross operating margin | 9900 | €35,793 | €37,268 | +€1,475 | +4.1% |
| Operating profit (loss) | 9901 | €17,631 | €16,493 | -€1,138 | -6.5% |
| Financial income | 75/76B | €26 | €68 | +€41 | +158.2% |
| Recurring financial income | 75 | €26 | €68 | +€41 | +158.2% |
| Financial charges | 65/66B | €13,042 | €11,213 | -€1,829 | -14.0% |
| Recurring financial charges | 65 | €13,042 | €11,213 | -€1,829 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €4,615 | €5,347 | +€732 | +15.9% |
| Profit (loss) for the period | 9904 | €4,615 | €5,347 | +€732 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,615 | €5,347 | +€732 | +15.9% |
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 2 October 2026 via checked.be.