YAELYS: 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.
YAELYS
Largest movements
- Stocks and contracts +€14,497
up €14,497 (+40.0%), from €36,225 to €50,722
- Receivables within one year -€12,450
down €12,450 (-82.6%), from €15,068 to €2,618
of which Trade receivables: -€12,477
- Intangible fixed assets +€10,285
up €10,285 (+81.0%), from €12,705 to €22,990
- Cash -€3,955
down €3,955 (-43.0%), from €9,194 to €5,238
mainly Net result for the year (-€18,412) and Investment in fixed assets (net) (-€16,062)
- Tangible fixed assets +€879
new in 2023: €879
- Other debts +€25,273
up €25,273 (+3959.1%), from €638 to €25,911
- Profit (loss) carried forward -€18,412
down €18,412 (-376.1%), from -€4,895 to -€23,307
- Current portion of long-term debt +€9,464
up €9,464 (+149.5%), from €6,329 to €15,793
- Debts after one year -€6,193
down €6,193 (-11.3%), from €54,975 to €48,782
- Trade debts -€1,008
down €1,008 (-8.4%), from €11,965 to €10,958
- Gross operating margin -€8,426
down €8,426 (-242.9%), from -€3,468 to -€11,895
- Depreciation +€4,897
new in 2023: €4,897
- Financial charges +€534
up €534 (+37.4%), from €1,430 to €1,964
- Financial income +€342
up €342 (+12112.8%), from €3 to €344
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 | €75,012 | €84,201 | +€9,189 | +12.2% |
| Fixed assets | 21/28 | €14,430 | €25,594 | +€11,164 | +77.4% |
| Intangible fixed assets | 21 | €12,705 | €22,990 | +€10,285 | +81.0% |
| Tangible fixed assets | 22/27 | - | €879 | +€879 | |
| Furniture and vehicles | 24 | - | €879 | +€879 | |
| Financial fixed assets | 28 | €1,725 | €1,725 | = | 0.0% |
| Current assets | 29/58 | €60,582 | €58,606 | -€1,975 | -3.3% |
| Stocks and contracts in progress | 3 | €36,225 | €50,722 | +€14,497 | +40.0% |
| Stocks | 30/36 | €36,225 | €50,722 | +€14,497 | +40.0% |
| Amounts receivable within one year | 40/41 | €15,068 | €2,618 | -€12,450 | -82.6% |
| Trade receivables | 40 | €14,404 | €1,927 | -€12,477 | -86.6% |
| Other amounts receivable | 41 | €665 | €691 | +€27 | +4.0% |
| Cash at bank and in hand | 54/58 | €9,194 | €5,238 | -€3,955 | -43.0% |
| Deferred charges and accrued income | 490/1 | €95 | €27 | -€67 | -71.0% |
| Total equity and liabilities | 10/49 | €75,012 | €84,201 | +€9,189 | +12.2% |
| Equity | 10/15 | €1,105 | -€17,307 | -€18,412 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,895 | -€23,307 | -€18,412 | -376.1% |
| Amounts payable | 17/49 | €73,907 | €101,507 | +€27,600 | +37.3% |
| Amounts payable after more than one year | 17 | €54,975 | €48,782 | -€6,193 | -11.3% |
| Financial debts | 170/4 | €54,975 | €48,782 | -€6,193 | -11.3% |
| Amounts payable within one year | 42/48 | €18,932 | €52,662 | +€33,730 | +178.2% |
| Current portion of amounts payable after more than one year | 42 | €6,329 | €15,793 | +€9,464 | +149.5% |
| Trade debts | 44 | €11,965 | €10,958 | -€1,008 | -8.4% |
| Suppliers | 440/4 | €11,965 | €10,958 | -€1,008 | -8.4% |
| Other amounts payable | 47/48 | €638 | €25,911 | +€25,273 | +3959.1% |
| Accrued charges and deferred income | 492/3 | - | €63 | +€63 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,897 | +€4,897 | |
| Gross operating margin | 9900 | -€3,468 | -€11,895 | -€8,426 | -242.9% |
| Operating profit (loss) | 9901 | -€3,468 | -€16,792 | -€13,324 | -384.1% |
| Financial income | 75/76B | €3 | €344 | +€342 | +12112.8% |
| Recurring financial income | 75 | €3 | €344 | +€342 | +12112.8% |
| Financial charges | 65/66B | €1,430 | €1,964 | +€534 | +37.4% |
| Recurring financial charges | 65 | €1,430 | €1,964 | +€534 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,895 | -€18,412 | -€13,516 | -276.1% |
| Profit (loss) for the period | 9904 | -€4,895 | -€18,412 | -€13,516 | -276.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,895 | -€18,412 | -€13,516 | -276.1% |
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 8 October 2026 via checked.be.