Y-SERVICES: 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-SERVICES
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €1.8m-€519,994
Equity
€3.8m
2024 · €5.7m-€1.9m
Cash
€53,256
2024 · €103,428-€50,172
Balance sheet total
€5.0m
2024 · €5.8m-€819,441
Largest movements
Assets
- Current investments -€750,943
down €750,943 (-100%), from €750,943 to €0
Equity and liabilities
- Profit (loss) carried forward -€1.9m
down €1.9m (-45.1%), from €4.2m to €2.3m
- Other debts +€1.1m
up €1.1m (+1,053%), from €104,050 to €1.2m
Income statement
- Financial income -€464,414
down €464,414 (-27.3%), from €1.7m to €1.2m
- Financial charges +€55,554
up €55,554 (+82,034%), from €68 to €55,621
- Turnover +€5,449
up €5,449 (+2.4%), from €230,490 to €235,939
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.
Result 2024
€1.8m
Turnover
+€5,449
Services and other goods
-€2,251
Other operating charges
-€1,408
Financial income
-€464,414
Financial charges
-€55,554
Taxes
-€1,816
Result 2025
€1.2m
raises the resultlowers the result
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.
From operations
+€2.3m
Investment
+€750,943
Financing
-€3.2m
Cash 2024
€103,428
From operations (derived)
+€2.3m
Net result for the year
+€1.2m
Depreciation
+€17,902
Smaller working-capital items
+€1,082
Tax, wage and social debts
-€8,208
Other debts
+€1.1m
Investment (derived)
+€750,943
Current investments
+€750,943
Financing
-€3.2m
Contributions, distributions and other
-€3.2m
Cash 2025
€53,256
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,811,751 | €4,992,311 | -€819,441 | -14.1% |
| Fixed assets | 21/28 | €4,937,054 | €4,919,152 | -€17,902 | -0.4% |
| Tangible fixed assets | 22/27 | €69,254 | €51,352 | -€17,902 | -25.8% |
| Furniture and vehicles | 24 | €69,254 | €51,352 | -€17,902 | -25.8% |
| Financial fixed assets | 28 | €4,867,800 | €4,867,800 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €4,867,800 | €4,867,800 | = | 0.0% |
| Participating interests | 282 | €4,867,800 | €4,867,800 | = | 0.0% |
| Current assets | 29/58 | €874,698 | €73,159 | -€801,539 | -91.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €18,204 | €18,798 | +€594 | +3.3% |
| Trade receivables | 40 | €18,204 | €18,798 | +€594 | +3.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €750,943 | €0 | -€750,943 | -100% |
| Other investments | 51/53 | €750,943 | €0 | -€750,943 | -100% |
| Cash at bank and in hand | 54/58 | €103,428 | €53,256 | -€50,172 | -48.5% |
| Deferred charges and accrued income | 490/1 | €2,123 | €1,105 | -€1,018 | -48.0% |
| Total equity and liabilities | 10/49 | €5,811,751 | €4,992,311 | -€819,441 | -14.1% |
| Equity | 10/15 | €5,686,696 | €3,778,855 | -€1.9m | -33.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,434,332 | €1,434,332 | = | 0.0% |
| Distributable reserves | 133 | €1,434,332 | €1,434,332 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,232,364 | €2,324,523 | -€1.9m | -45.1% |
| Amounts payable | 17/49 | €125,055 | €1,213,456 | +€1.1m | +870% |
| Amounts payable within one year | 42/48 | €125,055 | €1,213,456 | +€1.1m | +870% |
| Trade debts | 44 | €2,723 | €3,381 | +€658 | +24.2% |
| Suppliers | 440/4 | €2,723 | €3,381 | +€658 | +24.2% |
| Taxes, remuneration and social security | 45 | €18,282 | €10,075 | -€8,208 | -44.9% |
| Taxes | 450/3 | €18,282 | €10,075 | -€8,208 | -44.9% |
| Other amounts payable | 47/48 | €104,050 | €1,200,000 | +€1.1m | +1,053% |
| Operating income | 70/76A | €230,490 | €235,939 | +€5,449 | +2.4% |
| Turnover | 70 | €230,490 | €235,939 | +€5,449 | +2.4% |
| Other operating income | 74 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €144,340 | €147,999 | +€3,659 | +2.5% |
| Services and other goods | 61 | €125,725 | €127,976 | +€2,251 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,902 | €17,902 | = | 0.0% |
| Other operating charges | 640/8 | €713 | €2,121 | +€1,408 | +197% |
| Operating profit (loss) | 9901 | €86,150 | €87,940 | +€1,789 | +2.1% |
| Financial income | 75/76B | €1,700,913 | €1,236,499 | -€464,414 | -27.3% |
| Recurring financial income | 75 | €1,700,913 | €1,236,499 | -€464,414 | -27.3% |
| Income from financial fixed assets | 750 | €1,608,441 | €1,162,088 | -€446,353 | -27.8% |
| Income from current assets | 751 | €92,472 | €0 | -€92,472 | -100% |
| Other financial income | 752/9 | - | €74,411 | +€74,411 | |
| Financial charges | 65/66B | €68 | €55,621 | +€55,554 | +82,034% |
| Recurring financial charges | 65 | €68 | €55,621 | +€55,554 | +82,034% |
| Debt charges | 650 | - | €1 | +€1 | |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €55,552 | +€55,552 | |
| Other financial charges | 652/9 | €68 | €67 | -€0 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €1,786,995 | €1,268,817 | -€518,178 | -29.0% |
| Income taxes | 67/77 | €24,842 | €26,658 | +€1,816 | +7.3% |
| Taxes | 670/3 | €24,842 | €26,658 | +€1,816 | +7.3% |
| Profit (loss) for the period | 9904 | €1,762,154 | €1,242,159 | -€519,994 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,762,154 | €1,242,159 | -€519,994 | -29.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.