YACINE: 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.
YACINE
Largest movements
- Cash -€16,078
down €16,078 (-71.2%), from €22,581 to €6,503
mainly Investment in fixed assets (net) (-€15,211) and Trade debts (-€10,440)
- Financial fixed assets +€9,300
up €9,300 (+55.4%), from €16,785 to €26,085
- Tangible fixed assets +€2,618
up €2,618 (+32.1%), from €8,153 to €10,771
of which Furniture and vehicles: +€3,971
- Receivables within one year -€1,869
down €1,869 (-21.4%), from €8,747 to €6,878
of which Trade receivables: -€3,293
- Other debts +€16,204
new in 2025: €16,204
- Trade debts -€10,440
down €10,440 (-98.3%), from €10,624 to €184
- Debts after one year -€5,000
down €5,000 (-71.4%), from €7,000 to €2,000
- Current portion of long-term debt -€5,000
down €5,000 (-50.0%), from €10,000 to €5,000
- Profit (loss) carried forward -€2,771
down €2,771 (-40.2%), from -€6,898 to -€9,669
- Gross operating margin -€7,900
down €7,900 (-25.4%), from €31,129 to €23,230
- Staff costs -€5,209
down €5,209 (-24.3%), from €21,402 to €16,193
- Depreciation +€2,247
up €2,247 (+215%), from €1,045 to €3,292
- Taxes +€1,743
up €1,743 (+65.2%), from €2,672 to €4,414
- Other operating charges +€638
up €638 (+74.8%), from €853 to €1,491
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 | €58,063 | €52,395 | -€5,668 | -9.8% |
| Fixed assets | 21/28 | €24,938 | €36,856 | +€11,918 | +47.8% |
| Tangible fixed assets | 22/27 | €8,153 | €10,771 | +€2,618 | +32.1% |
| Plant, machinery and equipment | 23 | €6,447 | €5,095 | -€1,352 | -21.0% |
| Furniture and vehicles | 24 | €1,706 | €5,676 | +€3,971 | +233% |
| Financial fixed assets | 28 | €16,785 | €26,085 | +€9,300 | +55.4% |
| Current assets | 29/58 | €33,125 | €15,539 | -€17,586 | -53.1% |
| Stocks and contracts in progress | 3 | €1,798 | €2,158 | +€360 | +20.0% |
| Stocks | 30/36 | €1,798 | €2,158 | +€360 | +20.0% |
| Amounts receivable within one year | 40/41 | €8,747 | €6,878 | -€1,869 | -21.4% |
| Trade receivables | 40 | €3,378 | €85 | -€3,293 | -97.5% |
| Other amounts receivable | 41 | €5,369 | €6,793 | +€1,424 | +26.5% |
| Cash at bank and in hand | 54/58 | €22,581 | €6,503 | -€16,078 | -71.2% |
| Total equity and liabilities | 10/49 | €58,063 | €52,395 | -€5,668 | -9.8% |
| Equity | 10/15 | €28,062 | €25,291 | -€2,771 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,360 | €16,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,500 | €14,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,898 | -€9,669 | -€2,771 | -40.2% |
| Amounts payable | 17/49 | €30,000 | €27,103 | -€2,897 | -9.7% |
| Amounts payable after more than one year | 17 | €7,000 | €2,000 | -€5,000 | -71.4% |
| Financial debts | 170/4 | €7,000 | €2,000 | -€5,000 | -71.4% |
| Amounts payable within one year | 42/48 | €23,000 | €25,103 | +€2,103 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Trade debts | 44 | €10,624 | €184 | -€10,440 | -98.3% |
| Suppliers | 440/4 | €10,624 | €184 | -€10,440 | -98.3% |
| Taxes, remuneration and social security | 45 | €2,377 | €3,716 | +€1,339 | +56.3% |
| Taxes | 450/3 | €614 | €1,500 | +€886 | +144% |
| Remuneration and social security | 454/9 | €1,762 | €2,216 | +€453 | +25.7% |
| Other amounts payable | 47/48 | - | €16,204 | +€16,204 | |
| Remuneration, social security and pensions | 62 | €21,402 | €16,193 | -€5,209 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,045 | €3,292 | +€2,247 | +215% |
| Other operating charges | 640/8 | €853 | €1,491 | +€638 | +74.8% |
| Gross operating margin | 9900 | €31,129 | €23,230 | -€7,900 | -25.4% |
| Operating profit (loss) | 9901 | €7,830 | €2,253 | -€5,576 | -71.2% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €655 | €610 | -€45 | -6.8% |
| Recurring financial charges | 65 | €655 | €610 | -€45 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €7,179 | €1,644 | -€5,536 | -77.1% |
| Income taxes | 67/77 | €2,672 | €4,414 | +€1,743 | +65.2% |
| Profit (loss) for the period | 9904 | €4,508 | -€2,771 | -€7,278 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,508 | -€2,771 | -€7,278 |
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 18 October 2026 via checked.be.