YAFO TOUR: what changed
YAFO TOUR
Largest movements
- Cash +€17,731
up €17,731 (+2,457%), from €722 to €18,453
mainly Net result for the year (+€11,164) and Receivables within one year (+€11,113)
- Receivables within one year -€11,113
down €11,113 (-61.7%), from €18,010 to €6,897
of which Trade receivables: -€6,878
- Tangible fixed assets -€4,440
down €4,440 (-25.2%), from €17,602 to €13,162
- Trade debts -€12,973
down €12,973 (-80.8%), from €16,055 to €3,082
- Profit (loss) carried forward +€11,164
up €11,164 (+72.6%), from -€15,383 to -€4,219
- Other debts +€5,661
new in 2025: €5,661
- Debts after one year -€4,191
down €4,191 (-30.9%), from €13,569 to €9,379
- Tax, wage and social debts +€1,819
new in 2025: €1,819
- Gross operating margin +€27,313
up €27,313, from -€115 to €27,198
- Staff costs +€9,308
new in 2025: €9,308
- Depreciation +€4,282
up €4,282 (+2,715%), from €158 to €4,440
- Other operating charges +€1,460
up €1,460 (+227%), from €644 to €2,105
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,334 | €38,512 | +€2,178 | +6.0% |
| Fixed assets | 21/28 | €17,602 | €13,162 | -€4,440 | -25.2% |
| Tangible fixed assets | 22/27 | €17,602 | €13,162 | -€4,440 | -25.2% |
| Leasing and similar rights | 25 | €17,602 | €13,162 | -€4,440 | -25.2% |
| Current assets | 29/58 | €18,732 | €25,350 | +€6,618 | +35.3% |
| Amounts receivable within one year | 40/41 | €18,010 | €6,897 | -€11,113 | -61.7% |
| Trade receivables | 40 | €11,474 | €4,596 | -€6,878 | -59.9% |
| Other amounts receivable | 41 | €6,536 | €2,301 | -€4,235 | -64.8% |
| Cash at bank and in hand | 54/58 | €722 | €18,453 | +€17,731 | +2,457% |
| Total equity and liabilities | 10/49 | €36,334 | €38,512 | +€2,178 | +6.0% |
| Equity | 10/15 | €3,217 | €14,381 | +€11,164 | +347% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,383 | -€4,219 | +€11,164 | +72.6% |
| Amounts payable | 17/49 | €33,117 | €24,131 | -€8,986 | -27.1% |
| Amounts payable after more than one year | 17 | €13,569 | €9,379 | -€4,191 | -30.9% |
| Financial debts | 170/4 | €13,569 | €9,379 | -€4,191 | -30.9% |
| Amounts payable within one year | 42/48 | €19,548 | €14,752 | -€4,795 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €3,492 | €4,191 | +€698 | +20.0% |
| Trade debts | 44 | €16,055 | €3,082 | -€12,973 | -80.8% |
| Suppliers | 440/4 | €16,055 | €3,082 | -€12,973 | -80.8% |
| Taxes, remuneration and social security | 45 | - | €1,819 | +€1,819 | |
| Remuneration and social security | 454/9 | - | €1,819 | +€1,819 | |
| Other amounts payable | 47/48 | - | €5,661 | +€5,661 | |
| Remuneration, social security and pensions | 62 | - | €9,308 | +€9,308 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158 | €4,440 | +€4,282 | +2,715% |
| Other operating charges | 640/8 | €644 | €2,105 | +€1,460 | +227% |
| Gross operating margin | 9900 | -€115 | €27,198 | +€27,313 | |
| Operating profit (loss) | 9901 | -€917 | €11,345 | +€12,262 | |
| Financial charges | 65/66B | €170 | €181 | +€11 | +6.4% |
| Recurring financial charges | 65 | €170 | €181 | +€11 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,087 | €11,164 | +€12,251 | |
| Profit (loss) for the period | 9904 | -€1,087 | €11,164 | +€12,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,087 | €11,164 | +€12,251 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.