YAWAVI: 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.
YAWAVI
Largest movements
- Current investments +€4.5m
new in 2025: €4.5m
- Financial fixed assets +€4.2m
up €4.2m (+55.2%), from €7.5m to €11.7m
- Cash +€242,399
up €242,399 (+316.8%), from €76,509 to €318,908
mainly Net result for the year (+€10.3m) and Tax, wage and social debts (+€32,737)
- Reserves +€10.2m
new in 2025: €10.2m
- Debts after one year -€1.3m
no longer reported in 2025 (was €1.3m)
- Financial income +€11.3m
new in 2025: €11.3m
- Taxes +€1.0m
up €1.0m (+227198.9%), from €448 to €1.0m
- Financial charges -€127,797
down €127,797 (-82.9%), from €154,215 to €26,418
- Gross operating margin -€10,857
down €10,857 (-18.1%), from €60,010 to €49,153
- Depreciation -€4,467
no longer reported in 2025 (was €4,467)
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 | €7,633,791 | €16,530,654 | +€8.9m | +116.5% |
| Fixed assets | 21/28 | €7,536,588 | €11,693,405 | +€4.2m | +55.2% |
| Financial fixed assets | 28 | €7,536,588 | €11,693,405 | +€4.2m | +55.2% |
| Current assets | 29/58 | €97,203 | €4,837,249 | +€4.7m | +4876.4% |
| Amounts receivable within one year | 40/41 | €20,694 | €18,324 | -€2,370 | -11.5% |
| Trade receivables | 40 | €19,142 | €18,272 | -€870 | -4.5% |
| Other amounts receivable | 41 | €1,552 | €52 | -€1,500 | -96.6% |
| Current investments | 50/53 | - | €4,500,000 | +€4.5m | |
| Cash at bank and in hand | 54/58 | €76,509 | €318,908 | +€242,399 | +316.8% |
| Deferred charges and accrued income | 490/1 | - | €17 | +€17 | |
| Total equity and liabilities | 10/49 | €7,633,791 | €16,530,654 | +€8.9m | +116.5% |
| Equity | 10/15 | €6,200,108 | €16,474,659 | +€10.3m | +165.7% |
| Contributions | 10/11 | €6,300,000 | €6,300,000 | = | 0.0% |
| Reserves | 13 | - | €10,174,659 | +€10.2m | |
| Distributable reserves | 133 | - | €10,174,659 | +€10.2m | |
| Profit (loss) carried forward | 14 | -€99,892 | - | +€99,892 | |
| Amounts payable | 17/49 | €1,433,683 | €55,996 | -€1.4m | -96.1% |
| Amounts payable after more than one year | 17 | €1,289,281 | - | -€1.3m | |
| Other amounts payable | 178/9 | €1,289,281 | - | -€1.3m | |
| Amounts payable within one year | 42/48 | €144,402 | €43,879 | -€100,523 | -69.6% |
| Trade debts | 44 | €29,238 | €463 | -€28,775 | -98.4% |
| Suppliers | 440/4 | €29,238 | €463 | -€28,775 | -98.4% |
| Taxes, remuneration and social security | 45 | €10,679 | €43,416 | +€32,737 | +306.6% |
| Taxes | 450/3 | €7,833 | €40,180 | +€32,347 | +413.0% |
| Remuneration and social security | 454/9 | €2,846 | €3,236 | +€390 | +13.7% |
| Other amounts payable | 47/48 | €104,485 | - | -€104,485 | |
| Accrued charges and deferred income | 492/3 | - | €12,117 | +€12,117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,467 | - | -€4,467 | |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €60,010 | €49,153 | -€10,857 | -18.1% |
| Operating profit (loss) | 9901 | €54,771 | €48,754 | -€6,017 | -11.0% |
| Financial income | 75/76B | - | €11,270,014 | +€11.3m | |
| Recurring financial income | 75 | - | €11,270,014 | +€11.3m | |
| Financial charges | 65/66B | €154,215 | €26,418 | -€127,797 | -82.9% |
| Recurring financial charges | 65 | €154,215 | €26,418 | -€127,797 | -82.9% |
| Profit (loss) for the period before taxes | 9903 | -€99,444 | €11,292,350 | +€11.4m | |
| Income taxes | 67/77 | €448 | €1,017,799 | +€1.0m | +227198.9% |
| Profit (loss) for the period | 9904 | -€99,892 | €10,274,550 | +€10.4m | |
| Profit (loss) for the period to be appropriated | 9905 | -€99,892 | €10,274,550 | +€10.4m |
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 4 October 2026 via checked.be.