Y.V.S.: 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.S.
Largest movements
- Cash +€20,889
up €20,889 (+50.6%), from €41,281 to €62,171
mainly Net result for the year (+€38,332) and Other debts (+€2,500)
- Receivables within one year +€13,696
up €13,696 (+113%), from €12,073 to €25,769
of which Trade receivables: +€12,251
- Reserves +€38,332
up €38,332 (+28.4%), from €134,792 to €173,124
- Gross operating margin +€23,125
up €23,125 (+114%), from €20,360 to €43,485
- Taxes +€2,055
up €2,055 (+116%), from €1,778 to €3,833
- Depreciation +€560
new in 2025: €560
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 | €640,552 | €677,953 | +€37,400 | +5.8% |
| Fixed assets | 21/28 | €587,050 | €590,013 | +€2,963 | +0.5% |
| Tangible fixed assets | 22/27 | - | €2,963 | +€2,963 | |
| Furniture and vehicles | 24 | - | €2,963 | +€2,963 | |
| Financial fixed assets | 28 | €587,050 | €587,050 | = | 0.0% |
| Current assets | 29/58 | €53,502 | €87,940 | +€34,438 | +64.4% |
| Amounts receivable within one year | 40/41 | €12,073 | €25,769 | +€13,696 | +113% |
| Trade receivables | 40 | - | €12,251 | +€12,251 | |
| Other amounts receivable | 41 | €12,073 | €13,518 | +€1,445 | +12.0% |
| Cash at bank and in hand | 54/58 | €41,281 | €62,171 | +€20,889 | +50.6% |
| Deferred charges and accrued income | 490/1 | €148 | €0 | -€148 | -100% |
| Total equity and liabilities | 10/49 | €640,552 | €677,953 | +€37,400 | +5.8% |
| Equity | 10/15 | €85,078 | €123,410 | +€38,332 | +45.1% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €134,792 | €173,124 | +€38,332 | +28.4% |
| Distributable reserves | 133 | €134,792 | €173,124 | +€38,332 | +28.4% |
| Profit (loss) carried forward | 14 | -€86,914 | -€86,914 | = | 0.0% |
| Amounts payable | 17/49 | €555,474 | €554,543 | -€932 | -0.2% |
| Amounts payable within one year | 42/48 | €519,009 | €517,537 | -€1,472 | -0.3% |
| Trade debts | 44 | €4,344 | €242 | -€4,102 | -94.4% |
| Suppliers | 440/4 | €4,344 | €242 | -€4,102 | -94.4% |
| Taxes, remuneration and social security | 45 | €2,704 | €2,835 | +€131 | +4.8% |
| Taxes | 450/3 | €2,704 | €2,835 | +€131 | +4.8% |
| Other amounts payable | 47/48 | €511,960 | €514,460 | +€2,500 | +0.5% |
| Accrued charges and deferred income | 492/3 | €36,466 | €37,006 | +€540 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €560 | +€560 | |
| Other operating charges | 640/8 | €643 | €703 | +€61 | +9.4% |
| Gross operating margin | 9900 | €20,360 | €43,485 | +€23,125 | +114% |
| Operating profit (loss) | 9901 | €19,717 | €42,221 | +€22,504 | +114% |
| Financial charges | 65/66B | €155 | €56 | -€99 | -63.8% |
| Recurring financial charges | 65 | €155 | €56 | -€99 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | €19,563 | €42,165 | +€22,603 | +116% |
| Income taxes | 67/77 | €1,778 | €3,833 | +€2,055 | +116% |
| Profit (loss) for the period | 9904 | €17,784 | €38,332 | +€20,548 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €17,784 | €38,332 | +€20,548 | +116% |
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 17 October 2026 via checked.be.