YACOUB: what changed
Two fiscal 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.
YACOUB
Largest movements
- Cash -€39,177
down €39,177 (-49.0%), from €79,891 to €40,714
mainly Net result for the year (-€48,805) and Trade debts (-€14,244)
- Tangible fixed assets -€21,998
down €21,998 (-37.2%), from €59,086 to €37,088
- Receivables within one year +€5,660
up €5,660 (+2144.8%), from €264 to €5,924
of which Trade receivables: +€5,238
- Profit (loss) carried forward -€48,805
down €48,805, from €10,362 to -€38,443
- Trade debts -€14,244
down €14,244 (-38.2%), from €37,241 to €22,998
- Tax, wage and social debts +€10,579
up €10,579 (+38.5%), from €27,455 to €38,034
of which Remuneration and social security: +€13,639
- Turnover +€390,928
new in 2023: €390,928
- Purchases and services +€241,635
new in 2023: €241,635
- Staff costs +€107,488
up €107,488 (+162.1%), from €66,310 to €173,798
- Gross operating margin +€54,175
up €54,175 (+57.0%), from €95,118 to €149,293
- Depreciation +€11,566
up €11,566 (+101.4%), from €11,406 to €22,972
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,736 | €91,474 | -€53,262 | -36.8% |
| Fixed assets | 21/28 | €59,606 | €37,608 | -€21,998 | -36.9% |
| Tangible fixed assets | 22/27 | €59,086 | €37,088 | -€21,998 | -37.2% |
| Plant, machinery and equipment | 23 | €14,432 | €5,942 | -€8,490 | -58.8% |
| Furniture and vehicles | 24 | €6,904 | - | -€6,904 | |
| Other tangible fixed assets | 26 | €37,750 | €31,146 | -€6,604 | -17.5% |
| Financial fixed assets | 28 | €520 | €520 | = | 0.0% |
| Current assets | 29/58 | €85,130 | €53,865 | -€31,264 | -36.7% |
| Stocks and contracts in progress | 3 | €4,975 | €5,975 | +€1,000 | +20.1% |
| Stocks | 30/36 | €4,975 | €5,975 | +€1,000 | +20.1% |
| Amounts receivable within one year | 40/41 | €264 | €5,924 | +€5,660 | +2144.8% |
| Trade receivables | 40 | - | €5,238 | +€5,238 | |
| Other amounts receivable | 41 | €264 | €686 | +€422 | +160.1% |
| Cash at bank and in hand | 54/58 | €79,891 | €40,714 | -€39,177 | -49.0% |
| Deferred charges and accrued income | 490/1 | - | €1,253 | +€1,253 | |
| Total equity and liabilities | 10/49 | €144,736 | €91,474 | -€53,262 | -36.8% |
| Equity | 10/15 | €73,489 | €24,685 | -€48,805 | -66.4% |
| Contributions | 10/11 | €63,127 | €63,127 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,362 | -€38,443 | -€48,805 | |
| Amounts payable | 17/49 | €71,247 | €66,789 | -€4,457 | -6.3% |
| Amounts payable within one year | 42/48 | €71,247 | €66,789 | -€4,457 | -6.3% |
| Trade debts | 44 | €37,241 | €22,998 | -€14,244 | -38.2% |
| Suppliers | 440/4 | €37,241 | €22,998 | -€14,244 | -38.2% |
| Taxes, remuneration and social security | 45 | €27,455 | €38,034 | +€10,579 | +38.5% |
| Taxes | 450/3 | €6,923 | €3,863 | -€3,060 | -44.2% |
| Remuneration and social security | 454/9 | €20,532 | €34,171 | +€13,639 | +66.4% |
| Other amounts payable | 47/48 | €6,551 | €5,758 | -€793 | -12.1% |
| Turnover | 70 | - | €390,928 | +€390,928 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €241,635 | +€241,635 | |
| Remuneration, social security and pensions | 62 | €66,310 | €173,798 | +€107,488 | +162.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,406 | €22,972 | +€11,566 | +101.4% |
| Other operating charges | 640/8 | €958 | €712 | -€245 | -25.6% |
| Gross operating margin | 9900 | €95,118 | €149,293 | +€54,175 | +57.0% |
| Operating profit (loss) | 9901 | €16,444 | -€48,189 | -€64,633 | |
| Financial income | 75/76B | €101 | €29 | -€72 | -71.6% |
| Recurring financial income | 75 | €101 | €29 | -€72 | -71.6% |
| Financial charges | 65/66B | €63 | €81 | +€17 | +27.2% |
| Recurring financial charges | 65 | €63 | €81 | +€17 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €16,481 | -€48,241 | -€64,723 | |
| Income taxes | 67/77 | - | €564 | +€564 | |
| Profit (loss) for the period | 9904 | €16,481 | -€48,805 | -€65,286 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,481 | -€48,805 | -€65,286 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.