Y-zOne: 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-zOne
Largest movements
- Stocks and contracts +€220,000
new in 2025: €220,000
- Cash -€102,806
down €102,806 (-51.1%), from €201,146 to €98,340
mainly Stocks and contracts (-€220,000) and Contributions, distributions and other (-€197,999)
- Receivables within one year +€15,460
up €15,460 (+18.1%), from €85,264 to €100,724
of which Trade receivables: +€19,201
- Short-term financial debts +€150,000
new in 2025: €150,000
- Other debts +€88,073
up €88,073 (+123%), from €71,507 to €159,579
- Profit (loss) carried forward -€60,000
down €60,000 (-41.9%), from €143,239 to €83,239
- Accrued charges and deferred income -€28,815
no longer reported in 2025 (was €28,815)
- Reserves +€28,505
up €28,505 (+4.6%), from €616,326 to €644,831
- Gross operating margin +€63,394
up €63,394 (+31.5%), from €201,504 to €264,898
- Other operating charges +€15,007
up €15,007 (+60.9%), from €24,659 to €39,666
- Taxes -€12,228
down €12,228 (-27.5%), from €44,398 to €32,170
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 | €952,951 | €1,093,591 | +€140,640 | +14.8% |
| Fixed assets | 21/28 | €614,244 | €616,866 | +€2,622 | +0.4% |
| Tangible fixed assets | 22/27 | €614,244 | €616,866 | +€2,622 | +0.4% |
| Land and buildings | 22 | €573,243 | €566,869 | -€6,375 | -1.1% |
| Plant, machinery and equipment | 23 | €13,803 | €23,303 | +€9,500 | +68.8% |
| Furniture and vehicles | 24 | €27,198 | €26,694 | -€504 | -1.9% |
| Current assets | 29/58 | €338,707 | €476,725 | +€138,018 | +40.7% |
| Stocks and contracts in progress | 3 | - | €220,000 | +€220,000 | |
| Stocks | 30/36 | - | €220,000 | +€220,000 | |
| Amounts receivable within one year | 40/41 | €85,264 | €100,724 | +€15,460 | +18.1% |
| Trade receivables | 40 | €36,925 | €56,126 | +€19,201 | +52.0% |
| Other amounts receivable | 41 | €48,339 | €44,598 | -€3,742 | -7.7% |
| Current investments | 50/53 | €52,297 | €52,297 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €201,146 | €98,340 | -€102,806 | -51.1% |
| Deferred charges and accrued income | 490/1 | - | €5,364 | +€5,364 | |
| Total equity and liabilities | 10/49 | €952,951 | €1,093,591 | +€140,640 | +14.8% |
| Equity | 10/15 | €778,115 | €746,620 | -€31,495 | -4.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €616,326 | €644,831 | +€28,505 | +4.6% |
| Distributable reserves | 133 | €616,326 | €644,831 | +€28,505 | +4.6% |
| Profit (loss) carried forward | 14 | €143,239 | €83,239 | -€60,000 | -41.9% |
| Amounts payable | 17/49 | €174,836 | €346,971 | +€172,135 | +98.5% |
| Amounts payable after more than one year | 17 | €12,383 | - | -€12,383 | |
| Financial debts | 170/4 | €12,383 | - | -€12,383 | |
| Amounts payable within one year | 42/48 | €133,637 | €346,971 | +€213,334 | +160% |
| Current portion of amounts payable after more than one year | 42 | €29,467 | €12,383 | -€17,084 | -58.0% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €2,552 | €9,772 | +€7,220 | +283% |
| Suppliers | 440/4 | €2,552 | €9,772 | +€7,220 | +283% |
| Taxes, remuneration and social security | 45 | €30,111 | €15,236 | -€14,875 | -49.4% |
| Taxes | 450/3 | €30,111 | €15,236 | -€14,875 | -49.4% |
| Other amounts payable | 47/48 | €71,507 | €159,579 | +€88,073 | +123% |
| Accrued charges and deferred income | 492/3 | €28,815 | - | -€28,815 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,865 | €25,076 | +€1,210 | +5.1% |
| Other operating charges | 640/8 | €24,659 | €39,666 | +€15,007 | +60.9% |
| Gross operating margin | 9900 | €201,504 | €264,898 | +€63,394 | +31.5% |
| Operating profit (loss) | 9901 | €152,980 | €200,156 | +€47,177 | +30.8% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €1,218 | €1,483 | +€265 | +21.7% |
| Recurring financial charges | 65 | €1,218 | €1,483 | +€265 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €151,770 | €198,674 | +€46,904 | +30.9% |
| Income taxes | 67/77 | €44,398 | €32,170 | -€12,228 | -27.5% |
| Profit (loss) for the period | 9904 | €107,372 | €166,504 | +€59,131 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €107,372 | €166,504 | +€59,131 | +55.1% |
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 14 October 2026 via checked.be.