YAPPA: 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.
YAPPA
Largest movements
- Cash -€147,235
down €147,235 (-42.9%), from €343,206 to €195,971
mainly Investment in fixed assets (net) (-€159,494) and Short-term financial debts (-€29,405)
- Intangible fixed assets +€64,275
up €64,275 (+45.0%), from €142,892 to €207,167
- Financial fixed assets +€36,209
up €36,209 (+365.8%), from €9,900 to €46,109
- Tangible fixed assets -€30,687
down €30,687 (-27.8%), from €110,220 to €79,532
of which Other tangible fixed assets: -€26,445
- Short-term financial debts -€29,405
down €29,405 (-17.9%), from €164,732 to €135,327
- Debts after one year -€27,661
down €27,661 (-34.6%), from €79,943 to €52,282
- Accrued charges and deferred income -€15,097
down €15,097 (-25.2%), from €59,809 to €44,712
- Trade debts -€12,821
down €12,821 (-6.2%), from €207,039 to €194,218
- Staff costs +€111,812
up €111,812 (+8.0%), from €1.4m to €1.5m
- Gross operating margin +€95,241
up €95,241 (+6.1%), from €1.6m to €1.7m
- Taxes -€25,177
down €25,177 (-80.4%), from €31,299 to €6,122
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 | €1,063,461 | €982,548 | -€80,913 | -7.6% |
| Fixed assets | 21/28 | €263,012 | €332,809 | +€69,797 | +26.5% |
| Intangible fixed assets | 21 | €142,892 | €207,167 | +€64,275 | +45.0% |
| Tangible fixed assets | 22/27 | €110,220 | €79,532 | -€30,687 | -27.8% |
| Plant, machinery and equipment | 23 | €1,844 | €1,170 | -€674 | -36.5% |
| Furniture and vehicles | 24 | €12,461 | €8,893 | -€3,568 | -28.6% |
| Other tangible fixed assets | 26 | €95,915 | €69,470 | -€26,445 | -27.6% |
| Financial fixed assets | 28 | €9,900 | €46,109 | +€36,209 | +365.8% |
| Current assets | 29/58 | €800,449 | €649,739 | -€150,709 | -18.8% |
| Amounts receivable within one year | 40/41 | €405,067 | €404,416 | -€651 | -0.2% |
| Trade receivables | 40 | €378,690 | €294,178 | -€84,513 | -22.3% |
| Other amounts receivable | 41 | €26,377 | €110,239 | +€83,862 | +317.9% |
| Cash at bank and in hand | 54/58 | €343,206 | €195,971 | -€147,235 | -42.9% |
| Deferred charges and accrued income | 490/1 | €52,176 | €49,352 | -€2,824 | -5.4% |
| Total equity and liabilities | 10/49 | €1,063,461 | €982,548 | -€80,913 | -7.6% |
| Equity | 10/15 | €288,538 | €283,043 | -€5,496 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €269,938 | €264,443 | -€5,496 | -2.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €45,846 | €45,846 | = | 0.0% |
| Distributable reserves | 133 | €224,093 | €218,597 | -€5,496 | -2.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €774,922 | €699,505 | -€75,417 | -9.7% |
| Amounts payable after more than one year | 17 | €79,943 | €52,282 | -€27,661 | -34.6% |
| Financial debts | 170/4 | €79,943 | €52,282 | -€27,661 | -34.6% |
| Amounts payable within one year | 42/48 | €635,171 | €602,511 | -€32,659 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €27,109 | €27,661 | +€551 | +2.0% |
| Financial debts | 43 | €164,732 | €135,327 | -€29,405 | -17.9% |
| Credit institutions | 430/8 | €164,732 | €135,327 | -€29,405 | -17.9% |
| Trade debts | 44 | €207,039 | €194,218 | -€12,821 | -6.2% |
| Suppliers | 440/4 | €207,039 | €194,218 | -€12,821 | -6.2% |
| Advances received on contracts in progress | 46 | - | €3,896 | +€3,896 | |
| Taxes, remuneration and social security | 45 | €209,898 | €214,943 | +€5,045 | +2.4% |
| Taxes | 450/3 | €42,851 | €48,433 | +€5,582 | +13.0% |
| Remuneration and social security | 454/9 | €167,047 | €166,510 | -€537 | -0.3% |
| Other amounts payable | 47/48 | €26,393 | €26,467 | +€74 | +0.3% |
| Accrued charges and deferred income | 492/3 | €59,809 | €44,712 | -€15,097 | -25.2% |
| Non-recurring operating income | 76A | €3,000 | €0 | -€3,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,399,930 | €1,511,743 | +€111,812 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,733 | €89,697 | +€9,964 | +12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,278 | +€14,278 | |
| Other operating charges | 640/8 | €16,124 | €8,983 | -€7,141 | -44.3% |
| Non-recurring operating charges | 66A | - | €253 | +€253 | |
| Gross operating margin | 9900 | €1,572,467 | €1,667,708 | +€95,241 | +6.1% |
| Operating profit (loss) | 9901 | €76,679 | €42,755 | -€33,924 | -44.2% |
| Financial income | 75/76B | €390 | €2,410 | +€2,020 | +517.9% |
| Recurring financial income | 75 | €390 | €2,410 | +€2,020 | +517.9% |
| Financial charges | 65/66B | €44,014 | €44,539 | +€525 | +1.2% |
| Recurring financial charges | 65 | €44,014 | €44,539 | +€525 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €33,056 | €626 | -€32,429 | -98.1% |
| Income taxes | 67/77 | €31,299 | €6,122 | -€25,177 | -80.4% |
| Profit (loss) for the period | 9904 | €1,757 | -€5,496 | -€7,253 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,757 | -€5,496 | -€7,253 |
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 10 October 2026 via checked.be.