YASA PROJECTS: what changed
YASA PROJECTS
Largest movements
- Cash -€19,866
down €19,866 (-99.7%), from €19,932 to €67
mainly Tax, wage and social debts (-€14,588) and Receivables within one year (-€9,480)
- Receivables within one year +€9,480
up €9,480 (+7.5%), from €127,108 to €136,587
of which Trade receivables: +€9,257
- Tax, wage and social debts -€14,588
down €14,588 (-59.7%), from €24,440 to €9,852
- Trade debts +€7,696
up €7,696 (+463%), from €1,662 to €9,358
- Debts after one year -€6,488
down €6,488 (-22.8%), from €28,509 to €22,022
- Profit (loss) carried forward +€1,921
up €1,921 (+7.1%), from -€27,204 to -€25,283
- Gross operating margin +€20,543
up €20,543, from -€20,313 to €230
- Staff costs -€5,412
no longer reported in 2024 (was €5,412)
- Financial charges -€2,508
down €2,508 (-44.4%), from €5,651 to €3,143
- Financial income +€1,134
up €1,134 (+20.6%), from €5,514 to €6,647
- Other operating charges +€302
up €302 (+42.7%), from €708 to €1,010
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,710 | €141,728 | -€10,982 | -7.2% |
| Fixed assets | 21/28 | €1,225 | €696 | -€528 | -43.1% |
| Tangible fixed assets | 22/27 | €1,225 | €696 | -€528 | -43.1% |
| Plant, machinery and equipment | 23 | €1,225 | €696 | -€528 | -43.1% |
| Current assets | 29/58 | €151,485 | €141,032 | -€10,454 | -6.9% |
| Stocks and contracts in progress | 3 | €2,420 | €2,258 | -€162 | -6.7% |
| Stocks | 30/36 | €2,420 | €2,258 | -€162 | -6.7% |
| Amounts receivable within one year | 40/41 | €127,108 | €136,587 | +€9,480 | +7.5% |
| Trade receivables | 40 | €17,625 | €26,882 | +€9,257 | +52.5% |
| Other amounts receivable | 41 | €109,483 | €109,706 | +€223 | +0.2% |
| Cash at bank and in hand | 54/58 | €19,932 | €67 | -€19,866 | -99.7% |
| Deferred charges and accrued income | 490/1 | €2,025 | €2,119 | +€94 | +4.6% |
| Total equity and liabilities | 10/49 | €152,710 | €141,728 | -€10,982 | -7.2% |
| Equity | 10/15 | €92,088 | €94,009 | +€1,921 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,692 | €100,692 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €98,832 | €98,832 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,204 | -€25,283 | +€1,921 | +7.1% |
| Amounts payable | 17/49 | €60,622 | €47,719 | -€12,903 | -21.3% |
| Amounts payable after more than one year | 17 | €28,509 | €22,022 | -€6,488 | -22.8% |
| Financial debts | 170/4 | €28,509 | €22,022 | -€6,488 | -22.8% |
| Amounts payable within one year | 42/48 | €32,112 | €25,698 | -€6,415 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €6,010 | €6,488 | +€478 | +8.0% |
| Trade debts | 44 | €1,662 | €9,358 | +€7,696 | +463% |
| Suppliers | 440/4 | €1,662 | €9,358 | +€7,696 | +463% |
| Taxes, remuneration and social security | 45 | €24,440 | €9,852 | -€14,588 | -59.7% |
| Taxes | 450/3 | €24,440 | €9,852 | -€14,588 | -59.7% |
| Non-recurring operating income | 76A | €12,500 | - | -€12,500 | |
| Remuneration, social security and pensions | 62 | €5,412 | - | -€5,412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €360 | €528 | +€168 | +46.6% |
| Other operating charges | 640/8 | €708 | €1,010 | +€302 | +42.7% |
| Gross operating margin | 9900 | -€20,313 | €230 | +€20,543 | |
| Operating profit (loss) | 9901 | -€26,793 | -€1,309 | +€25,484 | +95.1% |
| Financial income | 75/76B | €5,514 | €6,647 | +€1,134 | +20.6% |
| Recurring financial income | 75 | €5,514 | €6,647 | +€1,134 | +20.6% |
| Financial charges | 65/66B | €5,651 | €3,143 | -€2,508 | -44.4% |
| Recurring financial charges | 65 | €5,651 | €3,143 | -€2,508 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | -€26,931 | €2,196 | +€29,126 | |
| Income taxes | 67/77 | €273 | €275 | +€2 | +0.7% |
| Profit (loss) for the period | 9904 | -€27,204 | €1,921 | +€29,124 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,204 | €1,921 | +€29,124 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.