YB Construct: 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.
YB Construct
Largest movements
- Stocks and contracts +€128,589
up €128,589 (+29.9%), from €429,777 to €558,366
- Current portion of long-term debt +€147,316
up €147,316 (+117.4%), from €125,500 to €272,816
- Trade debts -€34,975
down €34,975 (-34.8%), from €100,388 to €65,412
- Profit (loss) carried forward +€14,753
up €14,753 (+10.0%), from €147,790 to €162,543
- Gross operating margin -€27,739
down €27,739 (-36.9%), from €75,077 to €47,337
- Other operating charges -€5,618
down €5,618 (-66.9%), from €8,397 to €2,779
- Financial income -€4,203
down €4,203 (-95.9%), from €4,385 to €182
- Taxes -€2,765
down €2,765 (-16.8%), from €16,457 to €13,692
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 | €527,433 | €653,694 | +€126,260 | +23.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €852 | €349 | -€504 | -59.1% |
| Tangible fixed assets | 22/27 | €742 | €239 | -€504 | -67.8% |
| Land and buildings | 22 | €313 | €24 | -€289 | -92.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €430 | €215 | -€215 | -50.0% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €526,581 | €653,345 | +€126,764 | +24.1% |
| Stocks and contracts in progress | 3 | €429,777 | €558,366 | +€128,589 | +29.9% |
| Stocks | 30/36 | €429,777 | €558,366 | +€128,589 | +29.9% |
| Amounts receivable within one year | 40/41 | €85,450 | €86,832 | +€1,382 | +1.6% |
| Other amounts receivable | 41 | €85,450 | €86,832 | +€1,382 | +1.6% |
| Cash at bank and in hand | 54/58 | €11,353 | €8,147 | -€3,207 | -28.2% |
| Total equity and liabilities | 10/49 | €527,433 | €653,694 | +€126,260 | +23.9% |
| Equity | 10/15 | €163,190 | €177,943 | +€14,753 | +9.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €13,400 | €13,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,400 | €13,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,400 | €13,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,790 | €162,543 | +€14,753 | +10.0% |
| Amounts payable | 17/49 | €364,244 | €475,751 | +€111,507 | +30.6% |
| Amounts payable after more than one year | 17 | €106,240 | €106,240 | = | 0.0% |
| Financial debts | 170/4 | €106,240 | €106,240 | = | 0.0% |
| Amounts payable within one year | 42/48 | €258,004 | €369,511 | +€111,507 | +43.2% |
| Current portion of amounts payable after more than one year | 42 | €125,500 | €272,816 | +€147,316 | +117.4% |
| Financial debts | 43 | - | €4,805 | +€4,805 | |
| Credit institutions | 430/8 | - | €4,805 | +€4,805 | |
| Trade debts | 44 | €100,388 | €65,412 | -€34,975 | -34.8% |
| Suppliers | 440/4 | €100,388 | €65,412 | -€34,975 | -34.8% |
| Taxes, remuneration and social security | 45 | €17,116 | €11,478 | -€5,638 | -32.9% |
| Taxes | 450/3 | €17,116 | €11,478 | -€5,638 | -32.9% |
| Other amounts payable | 47/48 | €15,000 | €15,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €504 | €504 | = | 0.0% |
| Other operating charges | 640/8 | €8,397 | €2,779 | -€5,618 | -66.9% |
| Gross operating margin | 9900 | €75,077 | €47,337 | -€27,739 | -36.9% |
| Operating profit (loss) | 9901 | €66,176 | €44,055 | -€22,121 | -33.4% |
| Financial income | 75/76B | €4,385 | €182 | -€4,203 | -95.9% |
| Recurring financial income | 75 | €4,385 | €182 | -€4,203 | -95.9% |
| Financial charges | 65/66B | €16,289 | €15,792 | -€496 | -3.0% |
| Recurring financial charges | 65 | €16,289 | €15,792 | -€496 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €54,272 | €28,445 | -€25,827 | -47.6% |
| Income taxes | 67/77 | €16,457 | €13,692 | -€2,765 | -16.8% |
| Profit (loss) for the period | 9904 | €37,815 | €14,753 | -€23,062 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,815 | €14,753 | -€23,062 | -61.0% |
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 7 October 2026 via checked.be.