YAPEco: 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.
YAPEco
Largest movements
- Receivables within one year -€29,238
down €29,238 (-20.0%), from €145,942 to €116,704
of which Trade receivables: -€28,121
- Cash +€19,999
up €19,999 (+159%), from €12,584 to €32,583
mainly Net result for the year (+€39,819) and Receivables within one year (+€29,238)
- Tangible fixed assets +€7,166
up €7,166 (+14.9%), from €48,180 to €55,347
of which Furniture and vehicles: +€4,318
- Reserves +€39,819
up €39,819 (+26.9%), from €147,936 to €187,755
- Debts after one year -€35,944
no longer reported in 2025 (was €35,944)
- Trade debts -€3,469
down €3,469 (-96.8%), from €3,585 to €116
- Current portion of long-term debt -€3,232
down €3,232 (-35.2%), from €9,176 to €5,944
- Other debts +€2,630
up €2,630 (+101%), from €2,592 to €5,222
- Gross operating margin +€3,521
up €3,521 (+4.8%), from €72,802 to €76,323
- Other operating charges +€2,634
up €2,634 (+352%), from €748 to €3,381
- Financial charges -€1,128
down €1,128 (-30.1%), from €3,743 to €2,614
- Depreciation -€960
down €960 (-13.6%), from €7,037 to €6,076
- Taxes -€840
down €840 (-4.7%), from €17,796 to €16,956
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 | €210,345 | €208,672 | -€1,674 | -0.8% |
| Fixed assets | 21/28 | €48,180 | €55,347 | +€7,166 | +14.9% |
| Tangible fixed assets | 22/27 | €48,180 | €55,347 | +€7,166 | +14.9% |
| Plant, machinery and equipment | 23 | - | €2,848 | +€2,848 | |
| Furniture and vehicles | 24 | €48,180 | €52,499 | +€4,318 | +9.0% |
| Current assets | 29/58 | €162,165 | €153,325 | -€8,840 | -5.5% |
| Stocks and contracts in progress | 3 | €2,463 | €1,165 | -€1,298 | -52.7% |
| Stocks | 30/36 | €2,463 | €1,165 | -€1,298 | -52.7% |
| Amounts receivable within one year | 40/41 | €145,942 | €116,704 | -€29,238 | -20.0% |
| Trade receivables | 40 | €47,729 | €19,608 | -€28,121 | -58.9% |
| Other amounts receivable | 41 | €98,213 | €97,096 | -€1,117 | -1.1% |
| Cash at bank and in hand | 54/58 | €12,584 | €32,583 | +€19,999 | +159% |
| Deferred charges and accrued income | 490/1 | €1,176 | €2,872 | +€1,696 | +144% |
| Total equity and liabilities | 10/49 | €210,345 | €208,672 | -€1,674 | -0.8% |
| Equity | 10/15 | €152,936 | €192,755 | +€39,819 | +26.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €147,936 | €187,755 | +€39,819 | +26.9% |
| Distributable reserves | 133 | €147,936 | €187,755 | +€39,819 | +26.9% |
| Amounts payable | 17/49 | €57,410 | €15,917 | -€41,493 | -72.3% |
| Amounts payable after more than one year | 17 | €35,944 | - | -€35,944 | |
| Financial debts | 170/4 | €35,944 | - | -€35,944 | |
| Amounts payable within one year | 42/48 | €21,316 | €15,917 | -€5,399 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €9,176 | €5,944 | -€3,232 | -35.2% |
| Trade debts | 44 | €3,585 | €116 | -€3,469 | -96.8% |
| Suppliers | 440/4 | €3,585 | €116 | -€3,469 | -96.8% |
| Taxes, remuneration and social security | 45 | €5,963 | €4,635 | -€1,329 | -22.3% |
| Taxes | 450/3 | €5,963 | €4,635 | -€1,329 | -22.3% |
| Other amounts payable | 47/48 | €2,592 | €5,222 | +€2,630 | +101% |
| Accrued charges and deferred income | 492/3 | €150 | - | -€150 | |
| Non-recurring operating income | 76A | - | €111 | +€111 | |
| Remuneration, social security and pensions | 62 | €3,221 | €3,221 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,037 | €6,076 | -€960 | -13.6% |
| Other operating charges | 640/8 | €748 | €3,381 | +€2,634 | +352% |
| Non-recurring operating charges | 66A | €12,488 | €4,263 | -€8,224 | -65.9% |
| Gross operating margin | 9900 | €72,802 | €76,323 | +€3,521 | +4.8% |
| Operating profit (loss) | 9901 | €49,310 | €59,382 | +€10,072 | +20.4% |
| Financial income | 75/76B | €1 | €7 | +€6 | +1,010% |
| Recurring financial income | 75 | €1 | €7 | +€6 | +1,010% |
| Financial charges | 65/66B | €3,743 | €2,614 | -€1,128 | -30.1% |
| Recurring financial charges | 65 | €3,743 | €2,614 | -€1,128 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €45,568 | €56,775 | +€11,207 | +24.6% |
| Income taxes | 67/77 | €17,796 | €16,956 | -€840 | -4.7% |
| Profit (loss) for the period | 9904 | €27,772 | €39,819 | +€12,047 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,772 | €39,819 | +€12,047 | +43.4% |
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 18 October 2026 via checked.be.