YANNUCCI: 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.
YANNUCCI
Largest movements
- Cash -€79,144
down €79,144 (-57.8%), from €136,856 to €57,712
mainly Receivables within one year (-€73,050) and Investment in fixed assets (net) (-€53,468)
- Receivables within one year +€73,050
up €73,050 (+26.6%), from €274,276 to €347,326
of which Other amounts receivable: +€73,050
- Tangible fixed assets +€40,083
up €40,083 (+63.4%), from €63,258 to €103,341
of which Plant, machinery and equipment: +€44,159
- Stocks and contracts +€23,556
up €23,556 (+40.2%), from €58,525 to €82,081
- Debts after one year +€57,555
up €57,555 (+299%), from €19,237 to €76,792
- Current portion of long-term debt +€9,422
up €9,422 (+130%), from €7,241 to €16,663
- Tax, wage and social debts -€6,001
down €6,001 (-7.5%), from €79,769 to €73,768
of which Taxes: -€16,328
- Gross operating margin -€74,425
down €74,425 (-50.3%), from €148,101 to €73,676
- Taxes -€15,856
down €15,856 (-84.3%), from €18,810 to €2,954
- Depreciation +€9,310
up €9,310 (+228%), from €4,075 to €13,385
- Staff costs -€8,393
down €8,393 (-15.4%), from €54,620 to €46,227
- Financial charges -€4,425
down €4,425 (-26.2%), from €16,921 to €12,496
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 | €535,915 | €592,362 | +€56,447 | +10.5% |
| Fixed assets | 21/28 | €63,258 | €103,341 | +€40,083 | +63.4% |
| Tangible fixed assets | 22/27 | €63,258 | €103,341 | +€40,083 | +63.4% |
| Land and buildings | 22 | €63,258 | €59,182 | -€4,076 | -6.4% |
| Plant, machinery and equipment | 23 | - | €44,159 | +€44,159 | |
| Current assets | 29/58 | €472,657 | €489,021 | +€16,364 | +3.5% |
| Stocks and contracts in progress | 3 | €58,525 | €82,081 | +€23,556 | +40.2% |
| Stocks | 30/36 | €58,525 | €82,081 | +€23,556 | +40.2% |
| Amounts receivable within one year | 40/41 | €274,276 | €347,326 | +€73,050 | +26.6% |
| Trade receivables | 40 | €40,219 | €40,219 | = | 0.0% |
| Other amounts receivable | 41 | €234,057 | €307,107 | +€73,050 | +31.2% |
| Cash at bank and in hand | 54/58 | €136,856 | €57,712 | -€79,144 | -57.8% |
| Deferred charges and accrued income | 490/1 | €3,000 | €1,902 | -€1,098 | -36.6% |
| Total equity and liabilities | 10/49 | €535,915 | €592,362 | +€56,447 | +10.5% |
| Equity | 10/15 | €420,892 | €420,910 | +€18 | 0.0% |
| Contributions | 10/11 | €43,592 | €43,592 | = | 0.0% |
| Reserves | 13 | €4,359 | €4,359 | = | 0.0% |
| Distributable reserves | 133 | €4,359 | €4,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | €372,941 | €372,959 | +€18 | 0.0% |
| Amounts payable | 17/49 | €115,023 | €171,452 | +€56,429 | +49.1% |
| Amounts payable after more than one year | 17 | €19,237 | €76,792 | +€57,555 | +299% |
| Financial debts | 170/4 | €19,237 | €76,792 | +€57,555 | +299% |
| Amounts payable within one year | 42/48 | €95,650 | €94,524 | -€1,126 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €7,241 | €16,663 | +€9,422 | +130% |
| Trade debts | 44 | €7,656 | €3,109 | -€4,547 | -59.4% |
| Suppliers | 440/4 | €7,656 | €3,109 | -€4,547 | -59.4% |
| Advances received on contracts in progress | 46 | €984 | €984 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €79,769 | €73,768 | -€6,001 | -7.5% |
| Taxes | 450/3 | €63,735 | €47,407 | -€16,328 | -25.6% |
| Remuneration and social security | 454/9 | €16,034 | €26,361 | +€10,327 | +64.4% |
| Accrued charges and deferred income | 492/3 | €136 | €136 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €54,620 | €46,227 | -€8,393 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,075 | €13,385 | +€9,310 | +228% |
| Other operating charges | 640/8 | €2,315 | €2,691 | +€376 | +16.2% |
| Gross operating margin | 9900 | €148,101 | €73,676 | -€74,425 | -50.3% |
| Operating profit (loss) | 9901 | €87,091 | €11,373 | -€75,718 | -86.9% |
| Financial income | 75/76B | €4,086 | €4,095 | +€9 | +0.2% |
| Recurring financial income | 75 | €4,086 | €4,095 | +€9 | +0.2% |
| Financial charges | 65/66B | €16,921 | €12,496 | -€4,425 | -26.2% |
| Recurring financial charges | 65 | €16,921 | €12,496 | -€4,425 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €74,256 | €2,972 | -€71,284 | -96.0% |
| Income taxes | 67/77 | €18,810 | €2,954 | -€15,856 | -84.3% |
| Profit (loss) for the period | 9904 | €55,446 | €18 | -€55,428 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,446 | €18 | -€55,428 | -100.0% |
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.