Yarvis: what changed
Two fiscal 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.
Yarvis
Largest movements
- Tangible fixed assets -€413,158
down €413,158 (-5.8%), from €7.2m to €6.8m
of which Other tangible fixed assets: -€360,665
- Receivables within one year -€292,725
down €292,725 (-25.2%), from €1.2m to €869,585
of which Other amounts receivable: -€254,855
- Profit (loss) carried forward -€1.2m
down €1.2m (-24.4%), from -€4.8m to -€6.0m
- Other debts +€682,721
up €682,721 (+6.3%), from €10.9m to €11.5m
- Debts after one year -€215,710
down €215,710 (-14.3%), from €1.5m to €1.3m
- Gross operating margin -€347,123
down €347,123, from €194,858 to -€152,265
- Purchases and services -€94,367
down €94,367 (-26.8%), from €352,330 to €257,963
- Turnover -€58,772
down €58,772 (-36.2%), from €162,454 to €103,683
- Financial charges -€53,333
down €53,333 (-8.7%), from €613,347 to €560,015
- Depreciation -€16,022
down €16,022 (-3.4%), from €470,406 to €454,384
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 | €8,356,912 | €7,649,687 | -€707,226 | -8.5% |
| Fixed assets | 21/28 | €7,183,531 | €6,770,373 | -€413,158 | -5.8% |
| Tangible fixed assets | 22/27 | €7,183,531 | €6,770,373 | -€413,158 | -5.8% |
| Land and buildings | 22 | €1,004,105 | €1,004,105 | = | 0.0% |
| Plant, machinery and equipment | 23 | €46,574 | €31,248 | -€15,326 | -32.9% |
| Furniture and vehicles | 24 | €116,814 | €79,647 | -€37,167 | -31.8% |
| Other tangible fixed assets | 26 | €6,016,038 | €5,655,373 | -€360,665 | -6.0% |
| Current assets | 29/58 | €1,173,381 | €879,313 | -€294,068 | -25.1% |
| Amounts receivable within one year | 40/41 | €1,162,310 | €869,585 | -€292,725 | -25.2% |
| Trade receivables | 40 | €85,386 | €47,517 | -€37,869 | -44.4% |
| Other amounts receivable | 41 | €1,076,924 | €822,068 | -€254,855 | -23.7% |
| Cash at bank and in hand | 54/58 | €10,724 | €9,394 | -€1,331 | -12.4% |
| Deferred charges and accrued income | 490/1 | €347 | €335 | -€12 | -3.6% |
| Total equity and liabilities | 10/49 | €8,356,912 | €7,649,687 | -€707,226 | -8.5% |
| Equity | 10/15 | -€4,456,377 | -€5,628,734 | -€1.2m | -26.3% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Capital | 10 | €350,000 | €350,000 | = | 0.0% |
| Issued capital | 100 | €350,000 | €350,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,806,377 | -€5,978,734 | -€1.2m | -24.4% |
| Amounts payable | 17/49 | €12,813,290 | €13,278,420 | +€465,131 | +3.6% |
| Amounts payable after more than one year | 17 | €1,512,356 | €1,296,647 | -€215,710 | -14.3% |
| Financial debts | 170/4 | €1,512,356 | €1,296,647 | -€215,710 | -14.3% |
| Amounts payable within one year | 42/48 | €11,298,915 | €11,935,295 | +€636,379 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €211,453 | €215,710 | +€4,256 | +2.0% |
| Trade debts | 44 | €231,517 | €173,779 | -€57,739 | -24.9% |
| Suppliers | 440/4 | €231,517 | €173,779 | -€57,739 | -24.9% |
| Taxes, remuneration and social security | 45 | €2,467 | €9,608 | +€7,141 | +289.4% |
| Taxes | 450/3 | €2,467 | €9,608 | +€7,141 | +289.4% |
| Other amounts payable | 47/48 | €10,853,478 | €11,536,199 | +€682,721 | +6.3% |
| Accrued charges and deferred income | 492/3 | €2,018 | €46,479 | +€44,461 | +2203.3% |
| Turnover | 70 | €162,454 | €103,683 | -€58,772 | -36.2% |
| Non-recurring operating income | 76A | €383,859 | - | -€383,859 | |
| Goods, raw materials, services and sundry goods | 60/61 | €352,330 | €257,963 | -€94,367 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €470,406 | €454,384 | -€16,022 | -3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,167 | - | -€4,167 | |
| Other operating charges | 640/8 | €5,540 | €5,692 | +€153 | +2.8% |
| Non-recurring operating charges | 66A | €7,790 | - | -€7,790 | |
| Gross operating margin | 9900 | €194,858 | -€152,265 | -€347,123 | |
| Operating profit (loss) | 9901 | -€293,045 | -€612,342 | -€319,297 | -109.0% |
| Financial income | 75/76B | €42 | - | -€42 | |
| Recurring financial income | 75 | €42 | - | -€42 | |
| Financial charges | 65/66B | €613,347 | €560,015 | -€53,333 | -8.7% |
| Recurring financial charges | 65 | €613,347 | €560,015 | -€53,333 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | -€906,350 | -€1,172,356 | -€266,006 | -29.3% |
| Profit (loss) for the period | 9904 | -€906,350 | -€1,172,356 | -€266,006 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€906,350 | -€1,172,356 | -€266,006 | -29.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.