Y-TECH: what changed
What changed
Y-TECH
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€44,129
2024 · €11,314+€32,815
Equity
€257,711
2024 · €213,582+€44,129
Cash
€169,022
2024 · €12,667+€156,355
Balance sheet total
€569,211
2024 · €647,797-€78,586
Largest movements
Assets
- Cash +€156,355
up €156,355 (+1,234%), from €12,667 to €169,022
mainly Deferred charges and accrued income (+€144,790) and Receivables within one year (+€79,984)
- Deferred charges and accrued income -€144,790
down €144,790 (-91.8%), from €157,779 to €12,989
- Receivables within one year -€79,984
down €79,984 (-24.4%), from €327,473 to €247,488
of which Trade receivables: -€55,310
- Tangible fixed assets -€10,167
down €10,167 (-6.9%), from €147,878 to €137,712
of which Furniture and vehicles: -€23,874
Equity and liabilities
- Other debts -€84,611
down €84,611 (-56.0%), from €151,212 to €66,601
- Reserves +€44,129
up €44,129 (+21.4%), from €206,016 to €250,145
- Tax, wage and social debts -€23,660
down €23,660 (-48.0%), from €49,270 to €25,610
of which Remuneration and social security: -€18,575
- Trade debts -€13,107
down €13,107 (-12.3%), from €106,349 to €93,242
Income statement
- Gross operating margin +€230,991
up €230,991 (+65.6%), from €352,001 to €582,992
- Write-downs +€139,420
up €139,420 (+558%), from €25,000 to €164,420
- Depreciation +€22,298
up €22,298 (+147%), from €15,127 to €37,425
- Taxes +€9,837
up €9,837 (+132%), from €7,475 to €17,312
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€11,314
Gross operating margin
+€230,991
Staff costs
+€5,204
Depreciation
-€22,298
Write-downs
-€139,420
Other operating charges
-€15
Other operating items
-€30,000
Financial income
+€2,420
Financial charges
-€4,230
Taxes
-€9,837
Result 2025
€44,129
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€184,880
Investment
-€27,258
Financing
-€1,266
Cash 2024
€12,667
From operations (derived)
+€184,880
Net result for the year
+€44,129
Depreciation
+€37,425
Receivables within one year
+€79,984
Deferred charges and accrued income
+€144,790
Trade debts
-€13,107
Tax, wage and social debts
-€23,660
Other debts
-€84,611
Accrued charges and deferred income
-€72
Investment (derived)
-€27,258
Investment in fixed assets (net)
-€27,258
Financing
-€1,266
Debts after one year
-€1,960
Current portion of long-term debt
+€694
Cash 2025
€169,022
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €647,797 | €569,211 | -€78,586 | -12.1% |
| Fixed assets | 21/28 | €149,878 | €139,712 | -€10,167 | -6.8% |
| Tangible fixed assets | 22/27 | €147,878 | €137,712 | -€10,167 | -6.9% |
| Land and buildings | 22 | €16,504 | €11,664 | -€4,841 | -29.3% |
| Plant, machinery and equipment | 23 | €2,921 | €3,590 | +€669 | +22.9% |
| Furniture and vehicles | 24 | €123,234 | €99,360 | -€23,874 | -19.4% |
| Leasing and similar rights | 25 | €5,218 | €23,098 | +€17,879 | +343% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €497,918 | €429,500 | -€68,419 | -13.7% |
| Amounts receivable within one year | 40/41 | €327,473 | €247,488 | -€79,984 | -24.4% |
| Trade receivables | 40 | €254,487 | €199,177 | -€55,310 | -21.7% |
| Other amounts receivable | 41 | €72,986 | €48,311 | -€24,674 | -33.8% |
| Cash at bank and in hand | 54/58 | €12,667 | €169,022 | +€156,355 | +1,234% |
| Deferred charges and accrued income | 490/1 | €157,779 | €12,989 | -€144,790 | -91.8% |
| Total equity and liabilities | 10/49 | €647,797 | €569,211 | -€78,586 | -12.1% |
| Equity | 10/15 | €213,582 | €257,711 | +€44,129 | +20.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €206,016 | €250,145 | +€44,129 | +21.4% |
| Distributable reserves | 133 | €206,016 | €250,145 | +€44,129 | +21.4% |
| Profit (loss) carried forward | 14 | €1,366 | €1,366 | = | 0.0% |
| Provisions and deferred taxes | 16 | €18,542 | €18,542 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €18,542 | €18,542 | = | 0.0% |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €18,542 | €18,542 | = | 0.0% |
| Amounts payable | 17/49 | €415,673 | €292,958 | -€122,715 | -29.5% |
| Amounts payable after more than one year | 17 | €83,687 | €81,728 | -€1,960 | -2.3% |
| Financial debts | 170/4 | €83,687 | €81,728 | -€1,960 | -2.3% |
| Amounts payable within one year | 42/48 | €330,356 | €209,672 | -€120,684 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €23,525 | €24,219 | +€694 | +3.0% |
| Trade debts | 44 | €106,349 | €93,242 | -€13,107 | -12.3% |
| Suppliers | 440/4 | €106,349 | €93,242 | -€13,107 | -12.3% |
| Taxes, remuneration and social security | 45 | €49,270 | €25,610 | -€23,660 | -48.0% |
| Taxes | 450/3 | €13,950 | €8,865 | -€5,085 | -36.5% |
| Remuneration and social security | 454/9 | €35,320 | €16,745 | -€18,575 | -52.6% |
| Other amounts payable | 47/48 | €151,212 | €66,601 | -€84,611 | -56.0% |
| Accrued charges and deferred income | 492/3 | €1,630 | €1,558 | -€72 | -4.4% |
| Non-recurring operating income | 76A | €509 | €413 | -€95 | -18.8% |
| Remuneration, social security and pensions | 62 | €279,714 | €274,510 | -€5,204 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,127 | €37,425 | +€22,298 | +147% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,000 | €164,420 | +€139,420 | +558% |
| Other operating charges | 640/8 | €3,684 | €3,699 | +€15 | +0.4% |
| Non-recurring operating charges | 66A | - | €30,000 | +€30,000 | |
| Gross operating margin | 9900 | €352,001 | €582,992 | +€230,991 | +65.6% |
| Operating profit (loss) | 9901 | €28,476 | €72,937 | +€44,462 | +156% |
| Financial income | 75/76B | €213 | €2,633 | +€2,420 | +1,137% |
| Recurring financial income | 75 | €213 | €2,633 | +€2,420 | +1,137% |
| Financial charges | 65/66B | €9,899 | €14,129 | +€4,230 | +42.7% |
| Recurring financial charges | 65 | €9,899 | €14,129 | +€4,230 | +42.7% |
| Profit (loss) for the period before taxes | 9903 | €18,789 | €61,441 | +€42,652 | +227% |
| Income taxes | 67/77 | €7,475 | €17,312 | +€9,837 | +132% |
| Profit (loss) for the period | 9904 | €11,314 | €44,129 | +€32,815 | +290% |
| Profit (loss) for the period to be appropriated | 9905 | €11,314 | €44,129 | +€32,815 | +290% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.