YAN-CHOI: 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.
YAN-CHOI
Largest movements
- Cash +€38,805
up €38,805 (+15.9%), from €244,108 to €282,914
mainly Net result for the year (+€31,435) and Depreciation (+€16,190)
- Tangible fixed assets -€11,665
down €11,665 (-30.2%), from €38,601 to €26,936
of which Furniture and vehicles: -€5,892
- Receivables within one year +€4,868
up €4,868 (+21.6%), from €22,572 to €27,440
- Reserves +€30,000
up €30,000 (+29.4%), from €102,002 to €132,002
of which Distributable reserves: +€130,000
- Current portion of long-term debt -€6,647
no longer reported in 2025 (was €6,647)
- Tax, wage and social debts +€4,316
up €4,316 (+13.9%), from €31,022 to €35,338
of which Taxes: +€2,625
- Trade debts +€3,446
up €3,446 (+54.6%), from €6,315 to €9,761
- Staff costs +€31,920
up €31,920 (+20.3%), from €157,108 to €189,028
- Depreciation -€22,387
down €22,387 (-58.0%), from €38,577 to €16,190
- Gross operating margin -€14,762
down €14,762 (-5.2%), from €286,041 to €271,279
- Other operating charges -€13,633
down €13,633 (-46.3%), from €29,448 to €15,815
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.
Cash bridge derived
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 | €311,200 | €343,750 | +€32,551 | +10.5% |
| Fixed assets | 21/28 | €38,601 | €26,936 | -€11,665 | -30.2% |
| Tangible fixed assets | 22/27 | €38,601 | €26,936 | -€11,665 | -30.2% |
| Plant, machinery and equipment | 23 | €9,654 | €4,215 | -€5,439 | -56.3% |
| Furniture and vehicles | 24 | €8,875 | €2,982 | -€5,892 | -66.4% |
| Other tangible fixed assets | 26 | €20,073 | €19,739 | -€334 | -1.7% |
| Current assets | 29/58 | €272,599 | €316,814 | +€44,216 | +16.2% |
| Stocks and contracts in progress | 3 | €5,789 | €5,324 | -€465 | -8.0% |
| Stocks | 30/36 | €5,789 | €5,324 | -€465 | -8.0% |
| Amounts receivable within one year | 40/41 | €22,572 | €27,440 | +€4,868 | +21.6% |
| Other amounts receivable | 41 | €22,572 | €27,440 | +€4,868 | +21.6% |
| Cash at bank and in hand | 54/58 | €244,108 | €282,914 | +€38,805 | +15.9% |
| Deferred charges and accrued income | 490/1 | €130 | €1,136 | +€1,007 | +777.3% |
| Total equity and liabilities | 10/49 | €311,200 | €343,750 | +€32,551 | +10.5% |
| Equity | 10/15 | €267,216 | €298,651 | +€31,435 | +11.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €102,002 | €132,002 | +€30,000 | +29.4% |
| Non-distributable reserves | 130/1 | €2,002 | €2,002 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,002 | €2,002 | = | 0.0% |
| Tax-exempt reserves | 132 | €100,000 | - | -€100,000 | |
| Distributable reserves | 133 | - | €130,000 | +€130,000 | |
| Profit (loss) carried forward | 14 | €159,014 | €160,449 | +€1,435 | +0.9% |
| Amounts payable | 17/49 | €43,984 | €45,100 | +€1,116 | +2.5% |
| Amounts payable within one year | 42/48 | €43,984 | €45,100 | +€1,116 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €6,647 | - | -€6,647 | |
| Trade debts | 44 | €6,315 | €9,761 | +€3,446 | +54.6% |
| Suppliers | 440/4 | €6,315 | €9,761 | +€3,446 | +54.6% |
| Taxes, remuneration and social security | 45 | €31,022 | €35,338 | +€4,316 | +13.9% |
| Taxes | 450/3 | €14,535 | €17,160 | +€2,625 | +18.1% |
| Remuneration and social security | 454/9 | €16,487 | €18,178 | +€1,691 | +10.3% |
| Remuneration, social security and pensions | 62 | €157,108 | €189,028 | +€31,920 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,577 | €16,190 | -€22,387 | -58.0% |
| Other operating charges | 640/8 | €29,448 | €15,815 | -€13,633 | -46.3% |
| Gross operating margin | 9900 | €286,041 | €271,279 | -€14,762 | -5.2% |
| Operating profit (loss) | 9901 | €60,909 | €50,247 | -€10,662 | -17.5% |
| Financial income | 75/76B | €275 | €3,049 | +€2,774 | +1007.8% |
| Recurring financial income | 75 | €275 | €3,049 | +€2,774 | +1007.8% |
| Financial charges | 65/66B | €4,742 | €5,917 | +€1,175 | +24.8% |
| Recurring financial charges | 65 | €4,742 | €5,917 | +€1,175 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €56,442 | €47,379 | -€9,063 | -16.1% |
| Income taxes | 67/77 | €13,505 | €15,944 | +€2,439 | +18.1% |
| Profit (loss) for the period | 9904 | €42,937 | €31,435 | -€11,502 | -26.8% |
| Transfer to tax-exempt reserves | 689 | €100,000 | - | -€100,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,063 | €31,435 | +€88,498 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.