YANG-JIANG: 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.
YANG-JIANG
Largest movements
- Tangible fixed assets -€9,371
down €9,371 (-35.0%), from €26,758 to €17,387
of which Furniture and vehicles: -€5,121
- Cash -€1,512
down €1,512 (-10.1%), from €14,982 to €13,469
mainly Other debts (-€10,259) and Current portion of long-term debt (-€6,800)
- Receivables within one year -€683
down €683 (-17.1%), from €4,000 to €3,317
- Formation expenses -€632
down €632 (-76.4%), from €828 to €196
- Other debts -€10,259
down €10,259 (-41.7%), from €24,603 to €14,344
- Current portion of long-term debt -€6,800
down €6,800 (-70.8%), from €9,600 to €2,800
- Trade debts +€4,098
up €4,098 (+549.3%), from €746 to €4,844
- Debts after one year -€2,800
no longer reported in 2025 (was €2,800)
- Tax, wage and social debts +€2,542
up €2,542 (+68.6%), from €3,708 to €6,250
of which Taxes: +€1,542
- Gross operating margin +€15,929
up €15,929 (+198.5%), from €8,024 to €23,953
- Depreciation +€4,982
up €4,982 (+99.2%), from €5,022 to €10,004
- Taxes +€4,270
new in 2025: €4,270
- Other operating charges +€2,854
up €2,854 (+73.2%), from €3,899 to €6,753
- Financial charges +€593
up €593 (+111.7%), from €530 to €1,123
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 | €50,029 | €38,041 | -€11,987 | -24.0% |
| Formation expenses | 20 | €828 | €196 | -€632 | -76.4% |
| Fixed assets | 21/28 | €26,758 | €17,387 | -€9,371 | -35.0% |
| Tangible fixed assets | 22/27 | €26,758 | €17,387 | -€9,371 | -35.0% |
| Land and buildings | 22 | €6,346 | €2,096 | -€4,250 | -67.0% |
| Furniture and vehicles | 24 | €20,412 | €15,291 | -€5,121 | -25.1% |
| Current assets | 29/58 | €22,443 | €20,459 | -€1,984 | -8.8% |
| Stocks and contracts in progress | 3 | €3,461 | €3,348 | -€113 | -3.3% |
| Stocks | 30/36 | €3,461 | €3,348 | -€113 | -3.3% |
| Amounts receivable within one year | 40/41 | €4,000 | €3,317 | -€683 | -17.1% |
| Other amounts receivable | 41 | €4,000 | €3,317 | -€683 | -17.1% |
| Cash at bank and in hand | 54/58 | €14,982 | €13,469 | -€1,512 | -10.1% |
| Deferred charges and accrued income | 490/1 | - | €325 | +€325 | |
| Total equity and liabilities | 10/49 | €50,029 | €38,041 | -€11,987 | -24.0% |
| Equity | 10/15 | €8,572 | €9,804 | +€1,231 | +14.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | - | -€10,000 | |
| Issued capital | 100 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | -€1,428 | -€196 | +€1,231 | +86.3% |
| Amounts payable | 17/49 | €41,457 | €28,238 | -€13,219 | -31.9% |
| Amounts payable after more than one year | 17 | €2,800 | - | -€2,800 | |
| Financial debts | 170/4 | €2,800 | - | -€2,800 | |
| Amounts payable within one year | 42/48 | €38,657 | €28,238 | -€10,419 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €9,600 | €2,800 | -€6,800 | -70.8% |
| Trade debts | 44 | €746 | €4,844 | +€4,098 | +549.3% |
| Suppliers | 440/4 | €746 | €4,844 | +€4,098 | +549.3% |
| Taxes, remuneration and social security | 45 | €3,708 | €6,250 | +€2,542 | +68.6% |
| Taxes | 450/3 | €458 | €2,000 | +€1,542 | +337.0% |
| Remuneration and social security | 454/9 | €3,250 | €4,250 | +€1,000 | +30.8% |
| Other amounts payable | 47/48 | €24,603 | €14,344 | -€10,259 | -41.7% |
| Non-recurring operating income | 76A | €151 | - | -€151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,022 | €10,004 | +€4,982 | +99.2% |
| Other operating charges | 640/8 | €3,899 | €6,753 | +€2,854 | +73.2% |
| Non-recurring operating charges | 66A | - | €572 | +€572 | |
| Gross operating margin | 9900 | €8,024 | €23,953 | +€15,929 | +198.5% |
| Operating profit (loss) | 9901 | -€897 | €6,625 | +€7,522 | |
| Financial charges | 65/66B | €530 | €1,123 | +€593 | +111.7% |
| Recurring financial charges | 65 | €530 | €1,123 | +€593 | +111.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,428 | €5,502 | +€6,929 | |
| Income taxes | 67/77 | - | €4,270 | +€4,270 | |
| Profit (loss) for the period | 9904 | -€1,428 | €1,231 | +€2,659 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,428 | €1,231 | +€2,659 |
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 12 October 2026 via checked.be.