Yannick Plas Management: 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 Plas Management
Largest movements
- Financial fixed assets +€56,400
up €56,400 (+140%), from €40,308 to €96,709
- Receivables within one year +€43,440
up €43,440 (+393%), from €11,064 to €54,504
of which Trade receivables: +€37,736
- Cash +€27,728
up €27,728 (+73.6%), from €37,655 to €65,383
mainly Net result for the year (+€82,414) and Other debts (+€22,789)
- Tangible fixed assets -€7,410
down €7,410 (-29.2%), from €25,337 to €17,926
- Reserves +€81,714
up €81,714 (+133%), from €61,284 to €142,999
- Other debts +€22,789
up €22,789 (+143%), from €15,974 to €38,763
- Tax, wage and social debts +€20,897
up €20,897 (+582%), from €3,591 to €24,488
- Debts after one year -€6,504
down €6,504 (-26.2%), from €24,857 to €18,353
- Gross operating margin +€90,971
up €90,971 (+209%), from €43,625 to €134,596
- Taxes +€29,509
up €29,509 (+240%), from €12,288 to €41,797
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 | €114,364 | €234,522 | +€120,158 | +105% |
| Fixed assets | 21/28 | €65,645 | €114,635 | +€48,990 | +74.6% |
| Tangible fixed assets | 22/27 | €25,337 | €17,926 | -€7,410 | -29.2% |
| Furniture and vehicles | 24 | €25,337 | €17,926 | -€7,410 | -29.2% |
| Financial fixed assets | 28 | €40,308 | €96,709 | +€56,400 | +140% |
| Current assets | 29/58 | €48,720 | €119,887 | +€71,168 | +146% |
| Amounts receivable within one year | 40/41 | €11,064 | €54,504 | +€43,440 | +393% |
| Trade receivables | 40 | €64 | €37,800 | +€37,736 | +58,605% |
| Other amounts receivable | 41 | €11,000 | €16,704 | +€5,704 | +51.9% |
| Cash at bank and in hand | 54/58 | €37,655 | €65,383 | +€27,728 | +73.6% |
| Total equity and liabilities | 10/49 | €114,364 | €234,522 | +€120,158 | +105% |
| Equity | 10/15 | €62,284 | €143,999 | +€81,714 | +131% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €61,284 | €142,999 | +€81,714 | +133% |
| Distributable reserves | 133 | €61,284 | €142,999 | +€81,714 | +133% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,080 | €90,524 | +€38,444 | +73.8% |
| Amounts payable after more than one year | 17 | €24,857 | €18,353 | -€6,504 | -26.2% |
| Financial debts | 170/4 | €24,857 | €18,353 | -€6,504 | -26.2% |
| Amounts payable within one year | 42/48 | €25,929 | €69,908 | +€43,979 | +170% |
| Current portion of amounts payable after more than one year | 42 | €6,243 | €6,504 | +€260 | +4.2% |
| Trade debts | 44 | €121 | €154 | +€33 | +27.2% |
| Suppliers | 440/4 | €121 | €154 | +€33 | +27.2% |
| Taxes, remuneration and social security | 45 | €3,591 | €24,488 | +€20,897 | +582% |
| Taxes | 450/3 | €3,591 | €24,488 | +€20,897 | +582% |
| Other amounts payable | 47/48 | €15,974 | €38,763 | +€22,789 | +143% |
| Accrued charges and deferred income | 492/3 | €1,294 | €2,263 | +€968 | +74.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,354 | €7,410 | +€56 | +0.8% |
| Other operating charges | 640/8 | €456 | €466 | +€10 | +2.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €43,625 | €134,596 | +€90,971 | +209% |
| Operating profit (loss) | 9901 | €35,815 | €126,720 | +€90,905 | +254% |
| Financial income | 75/76B | €212 | €837 | +€624 | +294% |
| Recurring financial income | 75 | €212 | €837 | +€624 | +294% |
| Financial charges | 65/66B | €2,443 | €3,345 | +€902 | +36.9% |
| Recurring financial charges | 65 | €2,443 | €3,345 | +€902 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €33,584 | €124,211 | +€90,628 | +270% |
| Income taxes | 67/77 | €12,288 | €41,797 | +€29,509 | +240% |
| Profit (loss) for the period | 9904 | €21,296 | €82,414 | +€61,118 | +287% |
| Profit (loss) for the period to be appropriated | 9905 | €21,296 | €82,414 | +€61,118 | +287% |
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 21 October 2026 via checked.be.