Y SOLUTIONS: 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 SOLUTIONS
Largest movements
- Financial fixed assets +€266,667
new in 2025: €266,667
- Cash +€32,081
up €32,081 (+53.2%), from €60,353 to €92,435
mainly Debts after one year (+€145,724) and Net result for the year (+€138,959)
- Tangible fixed assets +€26,846
up €26,846 (+136.8%), from €19,622 to €46,468
of which Plant, machinery and equipment: +€27,755
- Receivables within one year +€21,343
up €21,343 (+98.5%), from €21,676 to €43,018
of which Trade receivables: +€23,259
- Debts after one year +€145,724
new in 2025: €145,724
- Reserves +€138,900
new in 2025: €138,900
- Short-term financial debts +€35,000
new in 2025: €35,000
- Profit (loss) carried forward -€29,941
down €29,941 (-34.5%), from €86,832 to €56,891
- Current portion of long-term debt +€26,199
new in 2025: €26,199
- Financial income +€87,010
up €87,010 (+337772.9%), from €26 to €87,036
- Gross operating margin +€62,409
up €62,409 (+158.2%), from €39,454 to €101,863
- Taxes +€30,766
up €30,766 (+449.2%), from €6,850 to €37,616
- Depreciation +€4,387
up €4,387 (+92.5%), from €4,742 to €9,130
- Financial charges +€2,159
up €2,159 (+804.9%), from €268 to €2,427
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 | €103,075 | €449,835 | +€346,760 | +336.4% |
| Formation expenses | 20 | €141 | €0 | -€141 | -100.0% |
| Fixed assets | 21/28 | €19,622 | €313,134 | +€293,512 | +1495.8% |
| Tangible fixed assets | 22/27 | €19,622 | €46,468 | +€26,846 | +136.8% |
| Plant, machinery and equipment | 23 | €12,549 | €40,304 | +€27,755 | +221.2% |
| Furniture and vehicles | 24 | €4,171 | €3,687 | -€484 | -11.6% |
| Other tangible fixed assets | 26 | €2,902 | €2,476 | -€426 | -14.7% |
| Financial fixed assets | 28 | - | €266,667 | +€266,667 | |
| Current assets | 29/58 | €83,311 | €136,701 | +€53,389 | +64.1% |
| Amounts receivable within one year | 40/41 | €21,676 | €43,018 | +€21,343 | +98.5% |
| Trade receivables | 40 | €17,484 | €40,743 | +€23,259 | +133.0% |
| Other amounts receivable | 41 | €4,192 | €2,275 | -€1,917 | -45.7% |
| Cash at bank and in hand | 54/58 | €60,353 | €92,435 | +€32,081 | +53.2% |
| Deferred charges and accrued income | 490/1 | €1,283 | €1,248 | -€35 | -2.7% |
| Total equity and liabilities | 10/49 | €103,075 | €449,835 | +€346,760 | +336.4% |
| Equity | 10/15 | €91,832 | €200,791 | +€108,959 | +118.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €138,900 | +€138,900 | |
| Distributable reserves | 133 | - | €138,900 | +€138,900 | |
| Profit (loss) carried forward | 14 | €86,832 | €56,891 | -€29,941 | -34.5% |
| Amounts payable | 17/49 | €11,243 | €249,044 | +€237,801 | +2115.1% |
| Amounts payable after more than one year | 17 | - | €145,724 | +€145,724 | |
| Financial debts | 170/4 | - | €145,724 | +€145,724 | |
| Amounts payable within one year | 42/48 | €11,222 | €103,213 | +€91,991 | +819.7% |
| Current portion of amounts payable after more than one year | 42 | - | €26,199 | +€26,199 | |
| Financial debts | 43 | - | €35,000 | +€35,000 | |
| Credit institutions | 430/8 | - | €35,000 | +€35,000 | |
| Trade debts | 44 | €4,666 | €1,801 | -€2,864 | -61.4% |
| Suppliers | 440/4 | €4,666 | €1,801 | -€2,864 | -61.4% |
| Taxes, remuneration and social security | 45 | €3,643 | €22,324 | +€18,681 | +512.8% |
| Taxes | 450/3 | €3,643 | €22,324 | +€18,681 | +512.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,914 | €17,889 | +€14,975 | +513.9% |
| Accrued charges and deferred income | 492/3 | €21 | €107 | +€86 | +405.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,742 | €9,130 | +€4,387 | +92.5% |
| Other operating charges | 640/8 | €1,442 | €767 | -€675 | -46.8% |
| Gross operating margin | 9900 | €39,454 | €101,863 | +€62,409 | +158.2% |
| Operating profit (loss) | 9901 | €33,269 | €91,966 | +€58,697 | +176.4% |
| Financial income | 75/76B | €26 | €87,036 | +€87,010 | +337772.9% |
| Recurring financial income | 75 | €26 | €87,036 | +€87,010 | +337772.9% |
| Financial charges | 65/66B | €268 | €2,427 | +€2,159 | +804.9% |
| Recurring financial charges | 65 | €268 | €2,427 | +€2,159 | +804.9% |
| Profit (loss) for the period before taxes | 9903 | €33,027 | €176,575 | +€143,548 | +434.6% |
| Income taxes | 67/77 | €6,850 | €37,616 | +€30,766 | +449.2% |
| Profit (loss) for the period | 9904 | €26,177 | €138,959 | +€112,782 | +430.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,177 | €138,959 | +€112,782 | +430.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.