Yannick Schroeyen: 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 Schroeyen
Largest movements
- Cash +€35,920
up €35,920 (+28.9%), from €124,443 to €160,363
mainly Net result for the year (+€46,015) and Depreciation (+€235)
- Receivables within one year +€7,803
up €7,803 (+505%), from €1,546 to €9,349
of which Other amounts receivable: +€8,679
- Profit (loss) carried forward +€46,015
up €46,015 (+43.5%), from €105,752 to €151,767
- Trade debts -€2,213
no longer reported in 2025 (was €2,213)
- Gross operating margin -€24,465
down €24,465 (-28.7%), from €85,167 to €60,703
- Taxes -€4,534
down €4,534 (-26.2%), from €17,330 to €12,797
- Financial income +€879
up €879 (+2,186%), from €40 to €919
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 | €126,424 | €169,946 | +€43,522 | +34.4% |
| Fixed assets | 21/28 | €435 | €201 | -€235 | -53.9% |
| Tangible fixed assets | 22/27 | €435 | €201 | -€235 | -53.9% |
| Furniture and vehicles | 24 | €435 | €201 | -€235 | -53.9% |
| Current assets | 29/58 | €125,988 | €169,745 | +€43,757 | +34.7% |
| Amounts receivable within one year | 40/41 | €1,546 | €9,349 | +€7,803 | +505% |
| Trade receivables | 40 | €876 | - | -€876 | |
| Other amounts receivable | 41 | €670 | €9,349 | +€8,679 | +1,295% |
| Cash at bank and in hand | 54/58 | €124,443 | €160,363 | +€35,920 | +28.9% |
| Deferred charges and accrued income | 490/1 | - | €33 | +€33 | |
| Total equity and liabilities | 10/49 | €126,424 | €169,946 | +€43,522 | +34.4% |
| Equity | 10/15 | €120,752 | €166,767 | +€46,015 | +38.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,752 | €151,767 | +€46,015 | +43.5% |
| Amounts payable | 17/49 | €5,672 | €3,179 | -€2,493 | -44.0% |
| Amounts payable within one year | 42/48 | €5,352 | €2,699 | -€2,653 | -49.6% |
| Trade debts | 44 | €2,213 | - | -€2,213 | |
| Suppliers | 440/4 | €2,213 | - | -€2,213 | |
| Taxes, remuneration and social security | 45 | €3,136 | €2,699 | -€437 | -13.9% |
| Taxes | 450/3 | €3,136 | €2,699 | -€437 | -13.9% |
| Other amounts payable | 47/48 | €2 | - | -€2 | |
| Accrued charges and deferred income | 492/3 | €320 | €480 | +€160 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €236 | €235 | -€2 | -0.7% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €85,167 | €60,703 | -€24,465 | -28.7% |
| Operating profit (loss) | 9901 | €84,813 | €60,348 | -€24,465 | -28.8% |
| Financial income | 75/76B | €40 | €919 | +€879 | +2,186% |
| Recurring financial income | 75 | €40 | €919 | +€879 | +2,186% |
| Financial charges | 65/66B | €2,080 | €2,456 | +€376 | +18.1% |
| Recurring financial charges | 65 | €2,080 | €2,456 | +€376 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €82,773 | €58,811 | -€23,962 | -28.9% |
| Income taxes | 67/77 | €17,330 | €12,797 | -€4,534 | -26.2% |
| Profit (loss) for the period | 9904 | €65,443 | €46,015 | -€19,428 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €65,443 | €46,015 | -€19,428 | -29.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.