Y.W.K.: 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.W.K.
Largest movements
- Cash -€36,898
down €36,898 (-74.8%), from €49,317 to €12,419
mainly Investment in fixed assets (net) (-€39,951) and Net result for the year (-€14,920)
- Tangible fixed assets +€35,391
up €35,391 (+829%), from €4,271 to €39,662
of which Other tangible fixed assets: +€30,394
- Receivables within one year +€1,122
up €1,122 (+27.7%), from €4,055 to €5,177
- Stocks and contracts -€740
down €740 (-13.8%), from €5,362 to €4,622
- Profit (loss) carried forward -€14,920
down €14,920 (-53.7%), from -€27,792 to -€42,713
- Trade debts +€11,676
up €11,676 (+93.7%), from €12,455 to €24,131
- Tax, wage and social debts +€2,018
up €2,018 (+9.7%), from €20,893 to €22,911
of which Remuneration and social security: +€7,672
- Gross operating margin -€10,843
down €10,843 (-10.5%), from €102,894 to €92,051
- Staff costs +€7,196
up €7,196 (+7.9%), from €91,159 to €98,355
- Depreciation +€3,102
up €3,102 (+213%), from €1,458 to €4,560
- Taxes -€1,417
no longer reported in 2025 (was €1,417)
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 | €63,142 | €62,017 | -€1,125 | -1.8% |
| Fixed assets | 21/28 | €4,408 | €39,799 | +€35,391 | +803% |
| Tangible fixed assets | 22/27 | €4,271 | €39,662 | +€35,391 | +829% |
| Plant, machinery and equipment | 23 | €1,760 | €948 | -€811 | -46.1% |
| Furniture and vehicles | 24 | €1,632 | €7,440 | +€5,808 | +356% |
| Other tangible fixed assets | 26 | €880 | €31,274 | +€30,394 | +3,454% |
| Financial fixed assets | 28 | €137 | €137 | = | 0.0% |
| Current assets | 29/58 | €58,734 | €22,218 | -€36,516 | -62.2% |
| Stocks and contracts in progress | 3 | €5,362 | €4,622 | -€740 | -13.8% |
| Stocks | 30/36 | €5,362 | €4,622 | -€740 | -13.8% |
| Amounts receivable within one year | 40/41 | €4,055 | €5,177 | +€1,122 | +27.7% |
| Other amounts receivable | 41 | €4,055 | €5,177 | +€1,122 | +27.7% |
| Cash at bank and in hand | 54/58 | €49,317 | €12,419 | -€36,898 | -74.8% |
| Total equity and liabilities | 10/49 | €63,142 | €62,017 | -€1,125 | -1.8% |
| Equity | 10/15 | -€9,200 | -€24,121 | -€14,920 | -162% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,792 | -€42,713 | -€14,920 | -53.7% |
| Amounts payable | 17/49 | €72,343 | €86,138 | +€13,795 | +19.1% |
| Amounts payable within one year | 42/48 | €72,343 | €86,138 | +€13,795 | +19.1% |
| Trade debts | 44 | €12,455 | €24,131 | +€11,676 | +93.7% |
| Suppliers | 440/4 | €12,455 | €24,131 | +€11,676 | +93.7% |
| Taxes, remuneration and social security | 45 | €20,893 | €22,911 | +€2,018 | +9.7% |
| Taxes | 450/3 | €7,769 | €2,114 | -€5,654 | -72.8% |
| Remuneration and social security | 454/9 | €13,125 | €20,796 | +€7,672 | +58.5% |
| Other amounts payable | 47/48 | €38,995 | €39,096 | +€102 | +0.3% |
| Remuneration, social security and pensions | 62 | €91,159 | €98,355 | +€7,196 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,458 | €4,560 | +€3,102 | +213% |
| Other operating charges | 640/8 | €921 | €1,278 | +€357 | +38.8% |
| Gross operating margin | 9900 | €102,894 | €92,051 | -€10,843 | -10.5% |
| Operating profit (loss) | 9901 | €9,356 | -€12,142 | -€21,498 | |
| Financial income | 75/76B | €0 | €13 | +€13 | +43,200% |
| Recurring financial income | 75 | €0 | €13 | +€13 | +43,200% |
| Financial charges | 65/66B | €1,933 | €2,791 | +€858 | +44.4% |
| Recurring financial charges | 65 | €1,933 | €2,791 | +€858 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €7,423 | -€14,920 | -€22,343 | |
| Income taxes | 67/77 | €1,417 | - | -€1,417 | |
| Profit (loss) for the period | 9904 | €6,006 | -€14,920 | -€20,926 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,006 | -€14,920 | -€20,926 |
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 28 October 2026 via checked.be.