YAZI: 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.
YAZI
Largest movements
- Tangible fixed assets -€16,183
down €16,183 (-4.4%), from €366,036 to €349,853
of which Land and buildings: -€10,755
- Receivables within one year -€10,113
down €10,113 (-36.0%), from €28,131 to €18,018
of which Trade receivables: -€16,517
- Stocks and contracts -€5,418
down €5,418 (-10.2%), from €53,261 to €47,843
- Debts after one year +€66,110
up €66,110 (+50.2%), from €131,793 to €197,903
- Profit (loss) carried forward -€49,038
new in 2025: -€49,038
- Trade debts -€26,117
down €26,117 (-54.1%), from €48,236 to €22,119
- Other debts -€22,629
down €22,629 (-9.6%), from €235,407 to €212,778
- Gross operating margin -€11,629
down €11,629 (-35.0%), from €33,220 to €21,591
- Taxes -€8,233
down €8,233 (-95.4%), from €8,633 to €400
- Staff costs +€6,864
up €6,864 (+19.0%), from €36,074 to €42,938
- Depreciation -€1,999
down €1,999 (-9.6%), from €20,720 to €18,721
- Financial income +€1,393
up €1,393 (+1,296%), from €107 to €1,500
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 | €463,831 | €429,946 | -€33,885 | -7.3% |
| Fixed assets | 21/28 | €366,060 | €349,877 | -€16,183 | -4.4% |
| Tangible fixed assets | 22/27 | €366,036 | €349,853 | -€16,183 | -4.4% |
| Land and buildings | 22 | €354,497 | €343,742 | -€10,755 | -3.0% |
| Plant, machinery and equipment | 23 | €5,465 | €4,627 | -€838 | -15.3% |
| Furniture and vehicles | 24 | €6,074 | €1,484 | -€4,590 | -75.6% |
| Financial fixed assets | 28 | €24 | €24 | = | 0.0% |
| Current assets | 29/58 | €97,772 | €80,069 | -€17,702 | -18.1% |
| Stocks and contracts in progress | 3 | €53,261 | €47,843 | -€5,418 | -10.2% |
| Stocks | 30/36 | €53,261 | €47,843 | -€5,418 | -10.2% |
| Amounts receivable within one year | 40/41 | €28,131 | €18,018 | -€10,113 | -36.0% |
| Trade receivables | 40 | €16,517 | - | -€16,517 | |
| Other amounts receivable | 41 | €11,614 | €18,018 | +€6,403 | +55.1% |
| Cash at bank and in hand | 54/58 | €16,379 | €14,209 | -€2,171 | -13.3% |
| Total equity and liabilities | 10/49 | €463,831 | €429,946 | -€33,885 | -7.3% |
| Equity | 10/15 | €24,610 | -€24,427 | -€49,038 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,010 | €6,010 | = | 0.0% |
| Distributable reserves | 133 | €6,010 | €6,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€49,038 | -€49,038 | |
| Amounts payable | 17/49 | €439,221 | €454,373 | +€15,153 | +3.4% |
| Amounts payable after more than one year | 17 | €131,793 | €197,903 | +€66,110 | +50.2% |
| Financial debts | 170/4 | €131,793 | €197,903 | +€66,110 | +50.2% |
| Amounts payable within one year | 42/48 | €307,428 | €256,470 | -€50,958 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €19,793 | €18,293 | -€1,500 | -7.6% |
| Trade debts | 44 | €48,236 | €22,119 | -€26,117 | -54.1% |
| Suppliers | 440/4 | €48,236 | €22,119 | -€26,117 | -54.1% |
| Taxes, remuneration and social security | 45 | €3,992 | €3,280 | -€712 | -17.8% |
| Taxes | 450/3 | €3,723 | €3,280 | -€443 | -11.9% |
| Remuneration and social security | 454/9 | €269 | - | -€269 | |
| Other amounts payable | 47/48 | €235,407 | €212,778 | -€22,629 | -9.6% |
| Remuneration, social security and pensions | 62 | €36,074 | €42,938 | +€6,864 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,720 | €18,721 | -€1,999 | -9.6% |
| Other operating charges | 640/8 | €2,295 | €1,449 | -€846 | -36.9% |
| Gross operating margin | 9900 | €33,220 | €21,591 | -€11,629 | -35.0% |
| Operating profit (loss) | 9901 | -€25,868 | -€41,517 | -€15,648 | -60.5% |
| Financial income | 75/76B | €107 | €1,500 | +€1,393 | +1,296% |
| Recurring financial income | 75 | €107 | €1,500 | +€1,393 | +1,296% |
| Financial charges | 65/66B | €9,944 | €8,621 | -€1,323 | -13.3% |
| Recurring financial charges | 65 | €9,944 | €8,621 | -€1,323 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | -€35,705 | -€48,638 | -€12,932 | -36.2% |
| Income taxes | 67/77 | €8,633 | €400 | -€8,233 | -95.4% |
| Profit (loss) for the period | 9904 | -€44,339 | -€49,038 | -€4,699 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,339 | -€49,038 | -€4,699 | -10.6% |
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 31 October 2026 via checked.be.