YAF: 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.
YAF
Largest movements
- Cash +€22,964
up €22,964 (+41.4%), from €55,462 to €78,426
mainly Deferred charges and accrued income (+€8,952) and Tax, wage and social debts (+€8,224)
- Receivables within one year +€10,460
up €10,460 (+30.4%), from €34,389 to €44,849
of which Other amounts receivable: +€6,953
- Deferred charges and accrued income -€8,952
down €8,952 (-44.0%), from €20,347 to €11,395
- Tangible fixed assets -€2,802
down €2,802 (-33.5%), from €8,355 to €5,553
of which Furniture and vehicles: -€1,567
- Tax, wage and social debts +€8,224
up €8,224 (+24.9%), from €33,091 to €41,315
of which Remuneration and social security: +€8,680
- Trade debts +€6,093
up €6,093 (+49.2%), from €12,379 to €18,471
- Reserves +€4,524
up €4,524 (+2.7%), from €169,904 to €174,428
- Other debts +€2,830
up €2,830 (+35.8%), from €7,904 to €10,734
- Gross operating margin -€39,202
down €39,202 (-23.8%), from €164,761 to €125,559
- Taxes -€12,628
down €12,628 (-65.6%), from €19,262 to €6,634
- Staff costs +€9,526
up €9,526 (+9.6%), from €99,609 to €109,135
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 | €242,278 | €263,948 | +€21,671 | +8.9% |
| Fixed assets | 21/28 | €8,355 | €5,553 | -€2,802 | -33.5% |
| Tangible fixed assets | 22/27 | €8,355 | €5,553 | -€2,802 | -33.5% |
| Plant, machinery and equipment | 23 | €3,759 | €2,524 | -€1,235 | -32.9% |
| Furniture and vehicles | 24 | €4,596 | €3,030 | -€1,567 | -34.1% |
| Current assets | 29/58 | €233,922 | €258,395 | +€24,473 | +10.5% |
| Amounts receivable within one year | 40/41 | €34,389 | €44,849 | +€10,460 | +30.4% |
| Trade receivables | 40 | €33,651 | €37,158 | +€3,508 | +10.4% |
| Other amounts receivable | 41 | €739 | €7,691 | +€6,953 | +941% |
| Current investments | 50/53 | €123,725 | €123,725 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €55,462 | €78,426 | +€22,964 | +41.4% |
| Deferred charges and accrued income | 490/1 | €20,347 | €11,395 | -€8,952 | -44.0% |
| Total equity and liabilities | 10/49 | €242,278 | €263,948 | +€21,671 | +8.9% |
| Equity | 10/15 | €188,904 | €193,428 | +€4,524 | +2.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €169,904 | €174,428 | +€4,524 | +2.7% |
| Distributable reserves | 133 | €169,904 | €174,428 | +€4,524 | +2.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,374 | €70,520 | +€17,147 | +32.1% |
| Amounts payable within one year | 42/48 | €53,374 | €70,520 | +€17,147 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €12,379 | €18,471 | +€6,093 | +49.2% |
| Suppliers | 440/4 | €12,379 | €18,471 | +€6,093 | +49.2% |
| Taxes, remuneration and social security | 45 | €33,091 | €41,315 | +€8,224 | +24.9% |
| Taxes | 450/3 | €21,093 | €20,638 | -€456 | -2.2% |
| Remuneration and social security | 454/9 | €11,998 | €20,678 | +€8,680 | +72.3% |
| Other amounts payable | 47/48 | €7,904 | €10,734 | +€2,830 | +35.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €99,609 | €109,135 | +€9,526 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,274 | €4,217 | -€1,057 | -20.0% |
| Other operating charges | 640/8 | €2,315 | €1,043 | -€1,272 | -55.0% |
| Gross operating margin | 9900 | €164,761 | €125,559 | -€39,202 | -23.8% |
| Operating profit (loss) | 9901 | €57,562 | €11,163 | -€46,399 | -80.6% |
| Financial income | 75/76B | €52 | €78 | +€26 | +50.7% |
| Recurring financial income | 75 | €52 | €78 | +€26 | +50.7% |
| Financial charges | 65/66B | €1,588 | €84 | -€1,504 | -94.7% |
| Recurring financial charges | 65 | €1,588 | €84 | -€1,504 | -94.7% |
| Profit (loss) for the period before taxes | 9903 | €56,026 | €11,158 | -€44,868 | -80.1% |
| Income taxes | 67/77 | €19,262 | €6,634 | -€12,628 | -65.6% |
| Profit (loss) for the period | 9904 | €36,764 | €4,524 | -€32,240 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,764 | €4,524 | -€32,240 | -87.7% |
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 17 October 2026 via checked.be.