Yannick Dillen: 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 Dillen
Largest movements
- Cash -€54,925
down €54,925 (-29.8%), from €184,209 to €129,284
mainly Contributions, distributions and other (-€232,895) and Trade debts (-€779)
- Receivables within one year -€2,598
down €2,598 (-12.9%), from €20,190 to €17,592
of which Trade receivables: -€1,836
- Profit (loss) carried forward -€150,763
no longer reported in 2025 (was €150,763)
- Other debts +€82,995
new in 2025: €82,995
- Tax, wage and social debts +€10,659
up €10,659 (+20.9%), from €51,109 to €61,768
- Gross operating margin +€11,727
up €11,727 (+11.4%), from €102,717 to €114,444
- Other operating charges +€2,406
up €2,406 (+932.6%), from €258 to €2,664
- Taxes +€2,149
up €2,149 (+9.3%), from €23,000 to €25,149
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 | €205,750 | €147,863 | -€57,888 | -28.1% |
| Fixed assets | 21/28 | €1,352 | €986 | -€365 | -27.0% |
| Tangible fixed assets | 22/27 | €1,352 | €986 | -€365 | -27.0% |
| Furniture and vehicles | 24 | €1,352 | €986 | -€365 | -27.0% |
| Current assets | 29/58 | €204,399 | €146,876 | -€57,522 | -28.1% |
| Amounts receivable within one year | 40/41 | €20,190 | €17,592 | -€2,598 | -12.9% |
| Trade receivables | 40 | €14,428 | €12,592 | -€1,836 | -12.7% |
| Other amounts receivable | 41 | €5,762 | €5,000 | -€762 | -13.2% |
| Cash at bank and in hand | 54/58 | €184,209 | €129,284 | -€54,925 | -29.8% |
| Total equity and liabilities | 10/49 | €205,750 | €147,863 | -€57,888 | -28.1% |
| Equity | 10/15 | €153,763 | €3,000 | -€150,763 | -98.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,763 | - | -€150,763 | |
| Amounts payable | 17/49 | €51,987 | €144,863 | +€92,875 | +178.6% |
| Amounts payable within one year | 42/48 | €51,987 | €144,863 | +€92,875 | +178.6% |
| Trade debts | 44 | €878 | €99 | -€779 | -88.7% |
| Suppliers | 440/4 | €878 | €99 | -€779 | -88.7% |
| Taxes, remuneration and social security | 45 | €51,109 | €61,768 | +€10,659 | +20.9% |
| Taxes | 450/3 | €51,109 | €61,768 | +€10,659 | +20.9% |
| Other amounts payable | 47/48 | - | €82,995 | +€82,995 | |
| Remuneration, social security and pensions | 62 | €788 | - | -€788 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146 | €365 | +€220 | +151.1% |
| Other operating charges | 640/8 | €258 | €2,664 | +€2,406 | +932.6% |
| Non-recurring operating charges | 66A | - | €3,301 | +€3,301 | |
| Gross operating margin | 9900 | €102,717 | €114,444 | +€11,727 | +11.4% |
| Operating profit (loss) | 9901 | €101,526 | €108,114 | +€6,588 | +6.5% |
| Financial income | 75/76B | €38 | €465 | +€427 | +1134.3% |
| Recurring financial income | 75 | €38 | €465 | +€427 | +1134.3% |
| Financial charges | 65/66B | €818 | €1,297 | +€479 | +58.6% |
| Recurring financial charges | 65 | €818 | €1,297 | +€479 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €100,746 | €107,281 | +€6,535 | +6.5% |
| Income taxes | 67/77 | €23,000 | €25,149 | +€2,149 | +9.3% |
| Profit (loss) for the period | 9904 | €77,746 | €82,132 | +€4,386 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,746 | €82,132 | +€4,386 | +5.6% |
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 9 October 2026 via checked.be.