Y V O N N E: 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 V O N N E
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Receivables within one year -€63,429
down €63,429 (-18.8%), from €337,897 to €274,468
of which Other amounts receivable: -€57,758
- Receivables after one year +€40,984
up €40,984 (+17.8%), from €230,073 to €271,057
- Tangible fixed assets -€28,384
down €28,384 (-24.0%), from €118,413 to €90,029
of which Plant, machinery and equipment: -€35,990
- Deferred charges and accrued income -€17,121
down €17,121 (-54.6%), from €31,354 to €14,233
- Reserves +€43,547
up €43,547 (+2.9%), from €1.5m to €1.5m
of which Distributable reserves: +€43,547
- Current portion of long-term debt +€43,180
new in 2025: €43,180
- Tax, wage and social debts -€35,445
down €35,445 (-96.6%), from €36,708 to €1,263
- Other operating charges +€32,092
up €32,092 (+654%), from €4,905 to €36,997
- Taxes -€14,854
down €14,854 (-39.6%), from €37,489 to €22,636
- Financial income +€5,918
up €5,918 (+21.6%), from €27,413 to €33,331
- Gross operating margin -€2,279
down €2,279 (-2.6%), from €87,933 to €85,654
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 | €1,554,806 | €1,591,170 | +€36,364 | +2.3% |
| Fixed assets | 21/28 | €218,413 | €190,029 | -€28,384 | -13.0% |
| Tangible fixed assets | 22/27 | €118,413 | €90,029 | -€28,384 | -24.0% |
| Land and buildings | 22 | €79,520 | €86,323 | +€6,803 | +8.6% |
| Plant, machinery and equipment | 23 | €38,893 | €2,903 | -€35,990 | -92.5% |
| Furniture and vehicles | 24 | - | €803 | +€803 | |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €1,336,392 | €1,401,141 | +€64,748 | +4.8% |
| Amounts receivable after more than one year | 29 | €230,073 | €271,057 | +€40,984 | +17.8% |
| Other amounts receivable | 291 | €230,073 | €271,057 | +€40,984 | +17.8% |
| Amounts receivable within one year | 40/41 | €337,897 | €274,468 | -€63,429 | -18.8% |
| Trade receivables | 40 | €43,695 | €38,024 | -€5,671 | -13.0% |
| Other amounts receivable | 41 | €294,202 | €236,444 | -€57,758 | -19.6% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €737,068 | €741,383 | +€4,314 | +0.6% |
| Deferred charges and accrued income | 490/1 | €31,354 | €14,233 | -€17,121 | -54.6% |
| Total equity and liabilities | 10/49 | €1,554,806 | €1,591,170 | +€36,364 | +2.3% |
| Equity | 10/15 | €1,498,023 | €1,541,570 | +€43,547 | +2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,485,623 | €1,529,170 | +€43,547 | +2.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,483,763 | €1,527,310 | +€43,547 | +2.9% |
| Amounts payable | 17/49 | €56,782 | €49,600 | -€7,183 | -12.6% |
| Amounts payable within one year | 42/48 | €56,782 | €49,600 | -€7,183 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | - | €43,180 | +€43,180 | |
| Trade debts | 44 | €6,842 | €5,157 | -€1,685 | -24.6% |
| Suppliers | 440/4 | €6,842 | €5,157 | -€1,685 | -24.6% |
| Taxes, remuneration and social security | 45 | €36,708 | €1,263 | -€35,445 | -96.6% |
| Taxes | 450/3 | €36,708 | €1,263 | -€35,445 | -96.6% |
| Other amounts payable | 47/48 | €13,233 | - | -€13,233 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,612 | €2,586 | -€27 | -1.0% |
| Other operating charges | 640/8 | €4,905 | €36,997 | +€32,092 | +654% |
| Non-recurring operating charges | 66A | - | €12,141 | +€12,141 | |
| Gross operating margin | 9900 | €87,933 | €85,654 | -€2,279 | -2.6% |
| Operating profit (loss) | 9901 | €80,415 | €33,930 | -€46,485 | -57.8% |
| Financial income | 75/76B | €27,413 | €33,331 | +€5,918 | +21.6% |
| Recurring financial income | 75 | €27,413 | €33,331 | +€5,918 | +21.6% |
| Financial charges | 65/66B | €479 | €1,079 | +€599 | +125% |
| Recurring financial charges | 65 | €479 | €1,079 | +€599 | +125% |
| Profit (loss) for the period before taxes | 9903 | €107,349 | €66,183 | -€41,167 | -38.3% |
| Income taxes | 67/77 | €37,489 | €22,636 | -€14,854 | -39.6% |
| Profit (loss) for the period | 9904 | €69,860 | €43,547 | -€26,313 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €69,860 | €43,547 | -€26,313 | -37.7% |
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 27 October 2026 via checked.be.