YANNICK DE RUYSSCHER: 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.
YANNICK DE RUYSSCHER
Largest movements
- Cash -€16,832
down €16,832 (-62.1%), from €27,090 to €10,258
mainly Receivables within one year (-€12,578) and Deferred charges and accrued income (-€10,260)
- Receivables within one year +€12,578
up €12,578 (+143%), from €8,789 to €21,367
of which Other amounts receivable: +€8,798
- Deferred charges and accrued income +€10,260
new in 2025: €10,260
- Tangible fixed assets +€502
up €502 (+77.3%), from €649 to €1,151
- Trade debts +€14,699
up €14,699 (+865%), from €1,699 to €16,398
- Profit (loss) carried forward -€5,403
down €5,403 (-69.0%), from €7,832 to €2,430
- Tax, wage and social debts -€2,789
down €2,789 (-35.8%), from €7,797 to €5,008
- Gross operating margin -€4,556
down €4,556 (-47.9%), from €9,503 to €4,947
- Taxes -€828
down €828 (-31.4%), from €2,636 to €1,807
- Financial income +€299
up €299 (+1,427%), from €21 to €320
- Depreciation +€238
up €238 (+71.7%), from €332 to €570
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 | €36,529 | €43,036 | +€6,507 | +17.8% |
| Fixed assets | 21/28 | €649 | €1,151 | +€502 | +77.3% |
| Tangible fixed assets | 22/27 | €649 | €1,151 | +€502 | +77.3% |
| Plant, machinery and equipment | 23 | €649 | €1,151 | +€502 | +77.3% |
| Current assets | 29/58 | €35,879 | €41,885 | +€6,005 | +16.7% |
| Amounts receivable within one year | 40/41 | €8,789 | €21,367 | +€12,578 | +143% |
| Trade receivables | 40 | €7,241 | €11,021 | +€3,780 | +52.2% |
| Other amounts receivable | 41 | €1,549 | €10,346 | +€8,798 | +568% |
| Cash at bank and in hand | 54/58 | €27,090 | €10,258 | -€16,832 | -62.1% |
| Deferred charges and accrued income | 490/1 | - | €10,260 | +€10,260 | |
| Total equity and liabilities | 10/49 | €36,529 | €43,036 | +€6,507 | +17.8% |
| Equity | 10/15 | €27,032 | €21,630 | -€5,403 | -20.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,200 | €17,200 | = | 0.0% |
| Distributable reserves | 133 | €17,200 | €17,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,832 | €2,430 | -€5,403 | -69.0% |
| Amounts payable | 17/49 | €9,496 | €21,406 | +€11,910 | +125% |
| Amounts payable within one year | 42/48 | €9,496 | €21,406 | +€11,910 | +125% |
| Trade debts | 44 | €1,699 | €16,398 | +€14,699 | +865% |
| Suppliers | 440/4 | €1,699 | €16,398 | +€14,699 | +865% |
| Taxes, remuneration and social security | 45 | €7,797 | €5,008 | -€2,789 | -35.8% |
| Taxes | 450/3 | €7,797 | €5,008 | -€2,789 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €332 | €570 | +€238 | +71.7% |
| Other operating charges | 640/8 | €335 | €307 | -€28 | -8.2% |
| Gross operating margin | 9900 | €9,503 | €4,947 | -€4,556 | -47.9% |
| Operating profit (loss) | 9901 | €8,837 | €4,070 | -€4,766 | -53.9% |
| Financial income | 75/76B | €21 | €320 | +€299 | +1,427% |
| Recurring financial income | 75 | €21 | €320 | +€299 | +1,427% |
| Financial charges | 65/66B | €72 | €153 | +€81 | +113% |
| Recurring financial charges | 65 | €72 | €153 | +€81 | +113% |
| Profit (loss) for the period before taxes | 9903 | €8,786 | €4,237 | -€4,549 | -51.8% |
| Income taxes | 67/77 | €2,636 | €1,807 | -€828 | -31.4% |
| Profit (loss) for the period | 9904 | €6,150 | €2,430 | -€3,720 | -60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,150 | €2,430 | -€3,720 | -60.5% |
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 24 October 2026 via checked.be.