YAZ: 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.
YAZ
Largest movements
- Cash -€61,513
down €61,513 (-30.3%), from €202,885 to €141,372
mainly Net result for the year (-€96,032) and Tax, wage and social debts (-€38,556)
- Receivables within one year -€29,869
down €29,869 (-9.8%), from €304,400 to €274,530
- Tangible fixed assets -€9,756
down €9,756 (-23.2%), from €42,023 to €32,267
- Profit (loss) carried forward -€96,032
down €96,032 (-26.8%), from €358,517 to €262,485
- Tax, wage and social debts -€38,556
down €38,556 (-62.8%), from €61,383 to €22,827
of which Taxes: -€35,145
- Other debts +€38,303
up €38,303 (+38.7%), from €99,089 to €137,392
- Gross operating margin -€236,763
down €236,763, from €177,146 to -€59,617
- Staff costs -€66,131
down €66,131 (-68.4%), from €96,697 to €30,566
- Other operating charges -€65,509
down €65,509 (-96.2%), from €68,074 to €2,565
- Taxes -€34,677
down €34,677, from €34,618 to -€59
- Financial income +€6,611
up €6,611 (+66113000.0%), from €0 to €6,611
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €555,037 | €453,885 | -€101,153 | -18.2% |
| Fixed assets | 21/28 | €47,218 | €37,462 | -€9,756 | -20.7% |
| Tangible fixed assets | 22/27 | €42,023 | €32,267 | -€9,756 | -23.2% |
| Furniture and vehicles | 24 | €42,023 | €32,267 | -€9,756 | -23.2% |
| Financial fixed assets | 28 | €5,195 | €5,195 | = | 0.0% |
| Current assets | 29/58 | €507,820 | €416,422 | -€91,397 | -18.0% |
| Amounts receivable within one year | 40/41 | €304,400 | €274,530 | -€29,869 | -9.8% |
| Other amounts receivable | 41 | €304,400 | €274,530 | -€29,869 | -9.8% |
| Cash at bank and in hand | 54/58 | €202,885 | €141,372 | -€61,513 | -30.3% |
| Deferred charges and accrued income | 490/1 | €535 | €520 | -€15 | -2.8% |
| Total equity and liabilities | 10/49 | €555,037 | €453,885 | -€101,153 | -18.2% |
| Equity | 10/15 | €378,977 | €282,945 | -€96,032 | -25.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €358,517 | €262,485 | -€96,032 | -26.8% |
| Amounts payable | 17/49 | €176,061 | €170,939 | -€5,121 | -2.9% |
| Amounts payable after more than one year | 17 | €6,000 | €6,000 | = | 0.0% |
| Other amounts payable | 178/9 | €6,000 | €6,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €170,061 | €164,939 | -€5,121 | -3.0% |
| Trade debts | 44 | €9,588 | €4,720 | -€4,869 | -50.8% |
| Suppliers | 440/4 | €9,588 | €4,720 | -€4,869 | -50.8% |
| Taxes, remuneration and social security | 45 | €61,383 | €22,827 | -€38,556 | -62.8% |
| Taxes | 450/3 | €38,100 | €2,956 | -€35,145 | -92.2% |
| Remuneration and social security | 454/9 | €23,283 | €19,872 | -€3,411 | -14.7% |
| Other amounts payable | 47/48 | €99,089 | €137,392 | +€38,303 | +38.7% |
| Remuneration, social security and pensions | 62 | €96,697 | €30,566 | -€66,131 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,518 | €9,756 | +€4,237 | +76.8% |
| Other operating charges | 640/8 | €68,074 | €2,565 | -€65,509 | -96.2% |
| Gross operating margin | 9900 | €177,146 | -€59,617 | -€236,763 | |
| Operating profit (loss) | 9901 | €6,857 | -€102,503 | -€109,360 | |
| Financial income | 75/76B | €0 | €6,611 | +€6,611 | +66113000.0% |
| Recurring financial income | 75 | €0 | €6,611 | +€6,611 | +66113000.0% |
| Financial charges | 65/66B | €1,037 | €199 | -€838 | -80.8% |
| Recurring financial charges | 65 | €1,037 | €199 | -€838 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €5,821 | -€96,090 | -€101,911 | |
| Income taxes | 67/77 | €34,618 | -€59 | -€34,677 | |
| Profit (loss) for the period | 9904 | -€28,798 | -€96,032 | -€67,234 | -233.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,798 | -€96,032 | -€67,234 | -233.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.