YAZAR: what changed
Two financial 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.
YAZAR
Largest movements
- Stocks and contracts -€28,185
down €28,185 (-34.2%), from €82,499 to €54,313
- Receivables within one year -€9,764
no longer reported in 2025 (was €9,764)
- Cash -€3,674
down €3,674 (-86.3%), from €4,260 to €585
mainly Other debts (-€26,947) and Trade debts (-€9,764)
- Other debts -€26,947
down €26,947 (-26.3%), from €102,571 to €75,624
- Trade debts -€9,764
no longer reported in 2025 (was €9,764)
- Profit (loss) carried forward -€3,189
down €3,189 (-8.2%), from -€38,767 to -€41,956
- Tax, wage and social debts -€1,399
down €1,399 (-56.1%), from €2,494 to €1,095
- Gross operating margin -€9,831
down €9,831, from €7,341 to -€2,490
- Financial charges +€115
up €115 (+74.1%), from €156 to €271
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.
Derived cash bridge
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 | €96,522 | €55,223 | -€41,300 | -42.8% |
| Fixed assets | 21/28 | - | €324 | +€324 | |
| Tangible fixed assets | 22/27 | - | €324 | +€324 | |
| Furniture and vehicles | 24 | - | €324 | +€324 | |
| Current assets | 29/58 | €96,522 | €54,899 | -€41,623 | -43.1% |
| Stocks and contracts in progress | 3 | €82,499 | €54,313 | -€28,185 | -34.2% |
| Stocks | 30/36 | €82,499 | €54,313 | -€28,185 | -34.2% |
| Amounts receivable within one year | 40/41 | €9,764 | - | -€9,764 | |
| Trade receivables | 40 | €9,764 | - | -€9,764 | |
| Cash at bank and in hand | 54/58 | €4,260 | €585 | -€3,674 | -86.3% |
| Total equity and liabilities | 10/49 | €96,522 | €55,223 | -€41,300 | -42.8% |
| Equity | 10/15 | -€18,307 | -€21,496 | -€3,189 | -17.4% |
| Contributions | 10/11 | €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 | -€38,767 | -€41,956 | -€3,189 | -8.2% |
| Amounts payable | 17/49 | €114,829 | €76,719 | -€38,110 | -33.2% |
| Amounts payable within one year | 42/48 | €114,829 | €76,719 | -€38,110 | -33.2% |
| Trade debts | 44 | €9,764 | - | -€9,764 | |
| Suppliers | 440/4 | €9,764 | - | -€9,764 | |
| Taxes, remuneration and social security | 45 | €2,494 | €1,095 | -€1,399 | -56.1% |
| Taxes | 450/3 | €2,494 | €1,095 | -€1,399 | -56.1% |
| Other amounts payable | 47/48 | €102,571 | €75,624 | -€26,947 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €29 | +€29 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €7,341 | -€2,490 | -€9,831 | |
| Operating profit (loss) | 9901 | €6,954 | -€2,918 | -€9,872 | |
| Financial charges | 65/66B | €156 | €271 | +€115 | +74.1% |
| Recurring financial charges | 65 | €156 | €271 | +€115 | +74.1% |
| Profit (loss) for the period before taxes | 9903 | €6,798 | -€3,189 | -€9,987 | |
| Profit (loss) for the period | 9904 | €6,798 | -€3,189 | -€9,987 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,798 | -€3,189 | -€9,987 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.