YB DEVELOPMENT: 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.
YB DEVELOPMENT
Largest movements
- Receivables within one year +€14,662
up €14,662 (+91.6%), from €16,000 to €30,663
- Tangible fixed assets -€11,621
down €11,621 (-11.9%), from €97,500 to €85,880
of which Land and buildings: -€7,378
- Cash +€6,088
up €6,088 (+43.3%), from €14,064 to €20,152
mainly Depreciation (+€11,621) and Net result for the year (+€8,504)
- Reserves +€8,000
up €8,000 (+21.7%), from €36,859 to €44,859
- Other debts +€4,002
new in 2025: €4,002
- Current portion of long-term debt -€2,058
down €2,058 (-83.2%), from €2,472 to €415
- Gross operating margin -€46,918
down €46,918 (-64.4%), from €72,893 to €25,975
- Taxes -€15,864
down €15,864 (-80.5%), from €19,696 to €3,831
- Depreciation -€763
down €763 (-6.2%), from €12,383 to €11,621
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 | €129,626 | €138,756 | +€9,130 | +7.0% |
| Fixed assets | 21/28 | €99,561 | €87,941 | -€11,621 | -11.7% |
| Tangible fixed assets | 22/27 | €97,500 | €85,880 | -€11,621 | -11.9% |
| Land and buildings | 22 | €88,055 | €80,677 | -€7,378 | -8.4% |
| Plant, machinery and equipment | 23 | €1,592 | €1,467 | -€125 | -7.8% |
| Furniture and vehicles | 24 | €7,854 | €3,736 | -€4,118 | -52.4% |
| Financial fixed assets | 28 | €2,061 | €2,061 | = | 0.0% |
| Current assets | 29/58 | €30,064 | €50,815 | +€20,751 | +69.0% |
| Amounts receivable within one year | 40/41 | €16,000 | €30,663 | +€14,662 | +91.6% |
| Trade receivables | 40 | €16,000 | €30,663 | +€14,662 | +91.6% |
| Cash at bank and in hand | 54/58 | €14,064 | €20,152 | +€6,088 | +43.3% |
| Total equity and liabilities | 10/49 | €129,626 | €138,756 | +€9,130 | +7.0% |
| Equity | 10/15 | €84,018 | €92,522 | +€8,504 | +10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,859 | €44,859 | +€8,000 | +21.7% |
| Distributable reserves | 133 | €36,859 | €44,859 | +€8,000 | +21.7% |
| Profit (loss) carried forward | 14 | €40,959 | €41,463 | +€504 | +1.2% |
| Amounts payable | 17/49 | €45,608 | €46,234 | +€626 | +1.4% |
| Amounts payable after more than one year | 17 | €14,303 | €13,888 | -€415 | -2.9% |
| Financial debts | 170/4 | €415 | - | -€415 | |
| Other amounts payable | 178/9 | €13,888 | €13,888 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,305 | €32,346 | +€1,040 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €2,472 | €415 | -€2,058 | -83.2% |
| Trade debts | 44 | €1,747 | €949 | -€798 | -45.7% |
| Suppliers | 440/4 | €1,747 | €949 | -€798 | -45.7% |
| Taxes, remuneration and social security | 45 | €27,086 | €26,980 | -€106 | -0.4% |
| Taxes | 450/3 | €27,086 | €26,980 | -€106 | -0.4% |
| Other amounts payable | 47/48 | - | €4,002 | +€4,002 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,383 | €11,621 | -€763 | -6.2% |
| Other operating charges | 640/8 | €1,706 | €1,757 | +€51 | +3.0% |
| Gross operating margin | 9900 | €72,893 | €25,975 | -€46,918 | -64.4% |
| Operating profit (loss) | 9901 | €58,803 | €12,598 | -€46,206 | -78.6% |
| Financial charges | 65/66B | €279 | €262 | -€16 | -5.9% |
| Recurring financial charges | 65 | €279 | €262 | -€16 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €58,525 | €12,335 | -€46,189 | -78.9% |
| Income taxes | 67/77 | €19,696 | €3,831 | -€15,864 | -80.5% |
| Profit (loss) for the period | 9904 | €38,829 | €8,504 | -€30,325 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,829 | €8,504 | -€30,325 | -78.1% |
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 11 October 2026 via checked.be.