YatSeeFA Projects: 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.
YatSeeFA Projects
Largest movements
- Cash +€37,453
up €37,453 (+125.3%), from €29,896 to €67,348
mainly Net result for the year (+€16,023) and Receivables within one year (+€14,265)
- Receivables within one year -€14,265
down €14,265 (-86.0%), from €16,585 to €2,319
of which Other amounts receivable: -€14,265
- Tax, wage and social debts +€13,821
up €13,821 (+282.1%), from €4,900 to €18,721
of which Taxes: +€8,021
- Reserves +€6,000
up €6,000 (+18.9%), from €31,693 to €37,693
of which Distributable reserves: +€6,000
- Trade debts +€2,115
up €2,115 (+37.9%), from €5,575 to €7,691
- Other debts +€881
up €881 (+19.4%), from €4,551 to €5,432
- Gross operating margin +€13,740
up €13,740 (+82.3%), from €16,702 to €30,443
- Taxes +€3,120
up €3,120 (+63.7%), from €4,901 to €8,021
- Other operating charges +€1,152
up €1,152 (+63.0%), from €1,829 to €2,981
- Financial charges -€456
down €456 (-28.7%), from €1,589 to €1,133
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,307 | €79,147 | +€22,840 | +40.6% |
| Fixed assets | 21/28 | €9,826 | €9,479 | -€347 | -3.5% |
| Tangible fixed assets | 22/27 | €9,801 | €9,454 | -€347 | -3.5% |
| Plant, machinery and equipment | 23 | €980 | €1,727 | +€747 | +76.3% |
| Furniture and vehicles | 24 | €5,436 | €4,222 | -€1,214 | -22.3% |
| Other tangible fixed assets | 26 | €3,385 | €3,505 | +€120 | +3.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €46,481 | €69,668 | +€23,187 | +49.9% |
| Amounts receivable within one year | 40/41 | €16,585 | €2,319 | -€14,265 | -86.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €16,585 | €2,319 | -€14,265 | -86.0% |
| Cash at bank and in hand | 54/58 | €29,896 | €67,348 | +€37,453 | +125.3% |
| Total equity and liabilities | 10/49 | €56,307 | €79,147 | +€22,840 | +40.6% |
| Equity | 10/15 | €41,280 | €47,304 | +€6,023 | +14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €31,693 | €37,693 | +€6,000 | +18.9% |
| Non-distributable reserves | 130/1 | €343 | €343 | = | 0.0% |
| Reserves not available under the articles | 1311 | €343 | €343 | = | 0.0% |
| Distributable reserves | 133 | €31,350 | €37,350 | +€6,000 | +19.1% |
| Profit (loss) carried forward | 14 | €3,387 | €3,410 | +€23 | +0.7% |
| Amounts payable | 17/49 | €15,026 | €31,843 | +€16,817 | +111.9% |
| Amounts payable within one year | 42/48 | €15,026 | €31,843 | +€16,817 | +111.9% |
| Trade debts | 44 | €5,575 | €7,691 | +€2,115 | +37.9% |
| Suppliers | 440/4 | €5,575 | €7,691 | +€2,115 | +37.9% |
| Taxes, remuneration and social security | 45 | €4,900 | €18,721 | +€13,821 | +282.1% |
| Taxes | 450/3 | €4,900 | €12,921 | +€8,021 | +163.7% |
| Remuneration and social security | 454/9 | - | €5,800 | +€5,800 | |
| Other amounts payable | 47/48 | €4,551 | €5,432 | +€881 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,022 | €2,285 | +€263 | +13.0% |
| Other operating charges | 640/8 | €1,829 | €2,981 | +€1,152 | +63.0% |
| Gross operating margin | 9900 | €16,702 | €30,443 | +€13,740 | +82.3% |
| Operating profit (loss) | 9901 | €12,851 | €25,177 | +€12,325 | +95.9% |
| Financial income | 75/76B | €24 | €0 | -€24 | -98.5% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -98.5% |
| Financial charges | 65/66B | €1,589 | €1,133 | -€456 | -28.7% |
| Recurring financial charges | 65 | €1,589 | €1,133 | -€456 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €11,286 | €24,044 | +€12,758 | +113.0% |
| Income taxes | 67/77 | €4,901 | €8,021 | +€3,120 | +63.7% |
| Profit (loss) for the period | 9904 | €6,386 | €16,023 | +€9,638 | +150.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,386 | €16,023 | +€9,638 | +150.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.