YAHKUB: 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.
YAHKUB
Largest movements
- Tangible fixed assets +€84,539
up €84,539 (+234%), from €36,181 to €120,720
of which Other tangible fixed assets: +€82,513
- Receivables within one year -€83,179
no longer reported in 2025 (was €83,179)
of which Other amounts receivable: -€61,875
- Deferred charges and accrued income +€51,283
new in 2025: €51,283
- Cash -€9,137
down €9,137 (-14.2%), from €64,188 to €55,051
mainly Investment in fixed assets (net) (-€97,006) and Deferred charges and accrued income (-€51,283)
- Other debts +€55,548
new in 2025: €55,548
- Current portion of long-term debt -€10,335
no longer reported in 2025 (was €10,335)
- Tax, wage and social debts -€9,584
down €9,584 (-23.6%), from €40,659 to €31,075
of which Remuneration and social security: -€5,539
- Trade debts +€4,934
up €4,934 (+34.2%), from €14,408 to €19,342
- Profit (loss) carried forward +€4,052
up €4,052 (+3.5%), from €115,256 to €119,308
- Gross operating margin -€76,902
down €76,902 (-53.6%), from €143,470 to €66,568
- Taxes -€17,820
down €17,820 (-93.9%), from €18,987 to €1,167
- Depreciation +€6,045
up €6,045 (+94.1%), from €6,422 to €12,467
- Staff costs +€2,111
up €2,111 (+4.6%), from €45,874 to €47,985
- Financial income -€1,847
down €1,847 (-98.5%), from €1,875 to €28
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 | €183,658 | €228,273 | +€44,615 | +24.3% |
| Fixed assets | 21/28 | €36,181 | €120,720 | +€84,539 | +234% |
| Tangible fixed assets | 22/27 | €36,181 | €120,720 | +€84,539 | +234% |
| Land and buildings | 22 | €33,816 | - | -€33,816 | |
| Plant, machinery and equipment | 23 | €2,365 | €1,222 | -€1,143 | -48.3% |
| Furniture and vehicles | 24 | - | €36,985 | +€36,985 | |
| Other tangible fixed assets | 26 | - | €82,513 | +€82,513 | |
| Current assets | 29/58 | €147,477 | €107,553 | -€39,924 | -27.1% |
| Stocks and contracts in progress | 3 | €110 | €1,219 | +€1,109 | +1,008% |
| Stocks | 30/36 | €110 | €1,219 | +€1,109 | +1,008% |
| Amounts receivable within one year | 40/41 | €83,179 | - | -€83,179 | |
| Trade receivables | 40 | €21,304 | - | -€21,304 | |
| Other amounts receivable | 41 | €61,875 | - | -€61,875 | |
| Cash at bank and in hand | 54/58 | €64,188 | €55,051 | -€9,137 | -14.2% |
| Deferred charges and accrued income | 490/1 | - | €51,283 | +€51,283 | |
| Total equity and liabilities | 10/49 | €183,658 | €228,273 | +€44,615 | +24.3% |
| Equity | 10/15 | €118,256 | €122,308 | +€4,052 | +3.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,256 | €119,308 | +€4,052 | +3.5% |
| Amounts payable | 17/49 | €65,402 | €105,965 | +€40,563 | +62.0% |
| Amounts payable within one year | 42/48 | €65,402 | €105,965 | +€40,563 | +62.0% |
| Current portion of amounts payable after more than one year | 42 | €10,335 | - | -€10,335 | |
| Trade debts | 44 | €14,408 | €19,342 | +€4,934 | +34.2% |
| Suppliers | 440/4 | €14,408 | €19,342 | +€4,934 | +34.2% |
| Taxes, remuneration and social security | 45 | €40,659 | €31,075 | -€9,584 | -23.6% |
| Taxes | 450/3 | €27,878 | €23,833 | -€4,045 | -14.5% |
| Remuneration and social security | 454/9 | €12,781 | €7,242 | -€5,539 | -43.3% |
| Other amounts payable | 47/48 | - | €55,548 | +€55,548 | |
| Non-recurring operating income | 76A | €11,000 | - | -€11,000 | |
| Remuneration, social security and pensions | 62 | €45,874 | €47,985 | +€2,111 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,422 | €12,467 | +€6,045 | +94.1% |
| Other operating charges | 640/8 | €211 | €82 | -€129 | -61.3% |
| Gross operating margin | 9900 | €143,470 | €66,568 | -€76,902 | -53.6% |
| Operating profit (loss) | 9901 | €90,963 | €6,034 | -€84,929 | -93.4% |
| Financial income | 75/76B | €1,875 | €28 | -€1,847 | -98.5% |
| Recurring financial income | 75 | €1,875 | €28 | -€1,847 | -98.5% |
| Financial charges | 65/66B | €80 | €842 | +€762 | +952% |
| Recurring financial charges | 65 | €80 | €842 | +€762 | +952% |
| Profit (loss) for the period before taxes | 9903 | €92,758 | €5,220 | -€87,538 | -94.4% |
| Income taxes | 67/77 | €18,987 | €1,167 | -€17,820 | -93.9% |
| Profit (loss) for the period | 9904 | €73,771 | €4,053 | -€69,718 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,771 | €4,053 | -€69,718 | -94.5% |
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.