YANNICK: 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.
YANNICK
Largest movements
- Cash +€64,467
up €64,467 (+137.3%), from €46,964 to €111,431
mainly Stocks and contracts (+€39,869) and Net result for the year (+€12,387)
- Stocks and contracts -€39,869
down €39,869 (-8.3%), from €480,571 to €440,702
- Tangible fixed assets -€8,433
down €8,433 (-12.4%), from €68,055 to €59,622
of which Furniture and vehicles: -€5,950
- Reserves +€12,387
up €12,387 (+2.3%), from €530,606 to €542,993
of which Distributable reserves: +€12,387
- Write-downs +€16,968
up €16,968 (+44.1%), from €38,446 to €55,414
- Gross operating margin +€15,995
up €15,995 (+16.4%), from €97,537 to €113,532
- Staff costs -€8,560
down €8,560 (-25.5%), from €33,602 to €25,042
- Depreciation +€3,247
up €3,247 (+52.9%), from €6,142 to €9,389
- Taxes +€1,433
up €1,433 (+25.0%), from €5,728 to €7,161
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 | €607,331 | €617,358 | +€10,026 | +1.7% |
| Fixed assets | 21/28 | €68,055 | €59,622 | -€8,433 | -12.4% |
| Tangible fixed assets | 22/27 | €68,055 | €59,622 | -€8,433 | -12.4% |
| Land and buildings | 22 | €44,920 | €42,503 | -€2,417 | -5.4% |
| Plant, machinery and equipment | 23 | €2,048 | €1,982 | -€67 | -3.3% |
| Furniture and vehicles | 24 | €21,087 | €15,137 | -€5,950 | -28.2% |
| Current assets | 29/58 | €539,276 | €557,736 | +€18,460 | +3.4% |
| Stocks and contracts in progress | 3 | €480,571 | €440,702 | -€39,869 | -8.3% |
| Stocks | 30/36 | €480,571 | €440,702 | -€39,869 | -8.3% |
| Amounts receivable within one year | 40/41 | €6,855 | €944 | -€5,911 | -86.2% |
| Trade receivables | 40 | €6,855 | €944 | -€5,911 | -86.2% |
| Cash at bank and in hand | 54/58 | €46,964 | €111,431 | +€64,467 | +137.3% |
| Deferred charges and accrued income | 490/1 | €4,886 | €4,659 | -€226 | -4.6% |
| Total equity and liabilities | 10/49 | €607,331 | €617,358 | +€10,026 | +1.7% |
| Equity | 10/15 | €549,206 | €561,593 | +€12,387 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €530,606 | €542,993 | +€12,387 | +2.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €528,746 | €541,133 | +€12,387 | +2.3% |
| Amounts payable | 17/49 | €58,125 | €55,765 | -€2,360 | -4.1% |
| Amounts payable within one year | 42/48 | €56,439 | €55,515 | -€924 | -1.6% |
| Trade debts | 44 | €16,891 | €12,436 | -€4,455 | -26.4% |
| Suppliers | 440/4 | €16,891 | €12,436 | -€4,455 | -26.4% |
| Taxes, remuneration and social security | 45 | €11,683 | €15,141 | +€3,458 | +29.6% |
| Taxes | 450/3 | €7,329 | €11,906 | +€4,577 | +62.4% |
| Remuneration and social security | 454/9 | €4,354 | €3,236 | -€1,118 | -25.7% |
| Other amounts payable | 47/48 | €27,866 | €27,938 | +€73 | +0.3% |
| Accrued charges and deferred income | 492/3 | €1,686 | €250 | -€1,436 | -85.2% |
| Non-recurring operating income | 76A | €633 | - | -€633 | |
| Remuneration, social security and pensions | 62 | €33,602 | €25,042 | -€8,560 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,142 | €9,389 | +€3,247 | +52.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €38,446 | €55,414 | +€16,968 | +44.1% |
| Other operating charges | 640/8 | €2,841 | €2,496 | -€345 | -12.1% |
| Gross operating margin | 9900 | €97,537 | €113,532 | +€15,995 | +16.4% |
| Operating profit (loss) | 9901 | €16,506 | €21,191 | +€4,685 | +28.4% |
| Financial income | 75/76B | €2,493 | €2,638 | +€145 | +5.8% |
| Recurring financial income | 75 | €2,493 | €2,638 | +€145 | +5.8% |
| Financial charges | 65/66B | €4,318 | €4,281 | -€38 | -0.9% |
| Recurring financial charges | 65 | €4,318 | €4,281 | -€38 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €14,680 | €19,548 | +€4,868 | +33.2% |
| Income taxes | 67/77 | €5,728 | €7,161 | +€1,433 | +25.0% |
| Profit (loss) for the period | 9904 | €8,952 | €12,387 | +€3,435 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,952 | €12,387 | +€3,435 | +38.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.