Yacoda: 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.
Yacoda
Largest movements
- Receivables within one year -€37,421
down €37,421 (-32.5%), from €115,068 to €77,647
of which Trade receivables: -€55,181
- Deferred charges and accrued income +€26,871
up €26,871 (+6,652%), from €404 to €27,275
- Cash -€11,490
down €11,490 (-15.8%), from €72,538 to €61,048
mainly Contributions, distributions and other (-€27,081) and Deferred charges and accrued income (-€26,871)
- Tangible fixed assets -€3,079
down €3,079 (-20.2%), from €15,219 to €12,140
- Accrued charges and deferred income -€12,996
down €12,996 (-48.9%), from €26,598 to €13,602
- Trade debts -€8,493
down €8,493 (-79.0%), from €10,748 to €2,255
of which Suppliers: -€8,493
- Tax, wage and social debts -€2,909
down €2,909 (-51.9%), from €5,607 to €2,699
of which Taxes: -€2,909
- Advances received +€2,121
new in 2025: €2,121
- Gross operating margin -€26,396
down €26,396 (-35.1%), from €75,234 to €48,839
- Taxes -€14,160
down €14,160 (-56.9%), from €24,879 to €10,719
- Depreciation -€3,205
down €3,205 (-27.7%), from €11,588 to €8,384
- Financial charges +€2,956
up €2,956 (+488%), from €605 to €3,562
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 | €203,229 | €178,110 | -€25,119 | -12.4% |
| Fixed assets | 21/28 | €15,219 | €12,140 | -€3,079 | -20.2% |
| Tangible fixed assets | 22/27 | €15,219 | €12,140 | -€3,079 | -20.2% |
| Plant, machinery and equipment | 23 | €2,325 | €1,068 | -€1,258 | -54.1% |
| Furniture and vehicles | 24 | €11,084 | €9,796 | -€1,287 | -11.6% |
| Other tangible fixed assets | 26 | €1,810 | €1,276 | -€534 | -29.5% |
| Current assets | 29/58 | €188,010 | €165,970 | -€22,040 | -11.7% |
| Amounts receivable within one year | 40/41 | €115,068 | €77,647 | -€37,421 | -32.5% |
| Trade receivables | 40 | €94,041 | €38,860 | -€55,181 | -58.7% |
| Other amounts receivable | 41 | €21,026 | €38,787 | +€17,760 | +84.5% |
| Cash at bank and in hand | 54/58 | €72,538 | €61,048 | -€11,490 | -15.8% |
| Deferred charges and accrued income | 490/1 | €404 | €27,275 | +€26,871 | +6,652% |
| Total equity and liabilities | 10/49 | €203,229 | €178,110 | -€25,119 | -12.4% |
| Equity | 10/15 | €159,375 | €157,434 | -€1,941 | -1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €153,175 | €151,234 | -€1,941 | -1.3% |
| Distributable reserves | 133 | €153,175 | €151,234 | -€1,941 | -1.3% |
| Amounts payable | 17/49 | €43,854 | €20,676 | -€23,178 | -52.9% |
| Amounts payable within one year | 42/48 | €17,255 | €7,074 | -€10,181 | -59.0% |
| Current portion of amounts payable after more than one year | 42 | €900 | - | -€900 | |
| Trade debts | 44 | €10,748 | €2,255 | -€8,493 | -79.0% |
| Suppliers | 440/4 | €10,049 | €1,556 | -€8,493 | -84.5% |
| Bills of exchange payable | 441 | €699 | €699 | = | 0.0% |
| Advances received on contracts in progress | 46 | - | €2,121 | +€2,121 | |
| Taxes, remuneration and social security | 45 | €5,607 | €2,699 | -€2,909 | -51.9% |
| Taxes | 450/3 | €3,007 | €99 | -€2,909 | -96.7% |
| Remuneration and social security | 454/9 | €2,600 | €2,600 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €26,598 | €13,602 | -€12,996 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,588 | €8,384 | -€3,205 | -27.7% |
| Other operating charges | 640/8 | €968 | €1,046 | +€78 | +8.0% |
| Gross operating margin | 9900 | €75,234 | €48,839 | -€26,396 | -35.1% |
| Operating profit (loss) | 9901 | €62,678 | €39,408 | -€23,269 | -37.1% |
| Financial income | 75/76B | €427 | €12 | -€415 | -97.2% |
| Recurring financial income | 75 | €427 | €12 | -€415 | -97.2% |
| Financial charges | 65/66B | €605 | €3,562 | +€2,956 | +488% |
| Recurring financial charges | 65 | €605 | €3,562 | +€2,956 | +488% |
| Profit (loss) for the period before taxes | 9903 | €62,499 | €35,859 | -€26,640 | -42.6% |
| Income taxes | 67/77 | €24,879 | €10,719 | -€14,160 | -56.9% |
| Profit (loss) for the period | 9904 | €37,620 | €25,140 | -€12,480 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,620 | €25,140 | -€12,480 | -33.2% |
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.