YBCO: 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.
YBCO
Largest movements
- Receivables within one year +€48,116
up €48,116 (+58.7%), from €82,016 to €130,133
of which Other amounts receivable: +€50,378
- Cash -€15,225
down €15,225 (-70.0%), from €21,764 to €6,538
mainly Receivables within one year (-€48,116) and Debts after one year (-€6,000)
- Reserves +€95,493
new in 2025: €95,493
- Profit (loss) carried forward -€62,369
down €62,369 (-100.0%), from €62,369 to €0
- Tax, wage and social debts +€6,618
up €6,618 (+72.7%), from €9,106 to €15,724
of which Taxes: +€6,510
- Debts after one year -€6,000
down €6,000 (-25.0%), from €24,000 to €18,000
- Gross operating margin +€21,230
up €21,230 (+94.8%), from €22,401 to €43,631
- Taxes +€4,461
up €4,461 (+78.2%), from €5,703 to €10,164
- Financial income +€3,243
up €3,243 (+184.6%), from €1,757 to €5,000
- Financial charges +€891
up €891 (+55.4%), from €1,608 to €2,498
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 | €108,480 | €139,611 | +€31,131 | +28.7% |
| Fixed assets | 21/28 | €3,197 | €2,491 | -€706 | -22.1% |
| Tangible fixed assets | 22/27 | €3,197 | €2,491 | -€706 | -22.1% |
| Furniture and vehicles | 24 | €3,197 | €2,491 | -€706 | -22.1% |
| Current assets | 29/58 | €105,283 | €137,120 | +€31,837 | +30.2% |
| Amounts receivable within one year | 40/41 | €82,016 | €130,133 | +€48,116 | +58.7% |
| Trade receivables | 40 | €17,303 | €15,042 | -€2,262 | -13.1% |
| Other amounts receivable | 41 | €64,713 | €115,091 | +€50,378 | +77.8% |
| Cash at bank and in hand | 54/58 | €21,764 | €6,538 | -€15,225 | -70.0% |
| Deferred charges and accrued income | 490/1 | €1,503 | €449 | -€1,054 | -70.1% |
| Total equity and liabilities | 10/49 | €108,480 | €139,611 | +€31,131 | +28.7% |
| Equity | 10/15 | €63,369 | €96,493 | +€33,124 | +52.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €95,493 | +€95,493 | |
| Distributable reserves | 133 | - | €95,493 | +€95,493 | |
| Profit (loss) carried forward | 14 | €62,369 | €0 | -€62,369 | -100.0% |
| Amounts payable | 17/49 | €45,111 | €43,118 | -€1,993 | -4.4% |
| Amounts payable after more than one year | 17 | €24,000 | €18,000 | -€6,000 | -25.0% |
| Financial debts | 170/4 | €24,000 | €18,000 | -€6,000 | -25.0% |
| Amounts payable within one year | 42/48 | €21,111 | €24,569 | +€3,459 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,000 | = | 0.0% |
| Financial debts | 43 | €1,315 | €270 | -€1,045 | -79.5% |
| Credit institutions | 430/8 | €1,315 | €270 | -€1,045 | -79.5% |
| Trade debts | 44 | €3,831 | €2,576 | -€1,256 | -32.8% |
| Suppliers | 440/4 | €3,831 | €2,576 | -€1,256 | -32.8% |
| Taxes, remuneration and social security | 45 | €9,106 | €15,724 | +€6,618 | +72.7% |
| Taxes | 450/3 | €9,106 | €15,616 | +€6,510 | +71.5% |
| Remuneration and social security | 454/9 | - | €108 | +€108 | |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €548 | +€548 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,611 | €1,862 | +€251 | +15.6% |
| Other operating charges | 640/8 | €1,130 | €983 | -€148 | -13.1% |
| Gross operating margin | 9900 | €22,401 | €43,631 | +€21,230 | +94.8% |
| Operating profit (loss) | 9901 | €19,659 | €40,786 | +€21,127 | +107.5% |
| Financial income | 75/76B | €1,757 | €5,000 | +€3,243 | +184.6% |
| Recurring financial income | 75 | €1,757 | €5,000 | +€3,243 | +184.6% |
| Financial charges | 65/66B | €1,608 | €2,498 | +€891 | +55.4% |
| Recurring financial charges | 65 | €1,608 | €2,498 | +€891 | +55.4% |
| Profit (loss) for the period before taxes | 9903 | €19,809 | €43,288 | +€23,479 | +118.5% |
| Income taxes | 67/77 | €5,703 | €10,164 | +€4,461 | +78.2% |
| Profit (loss) for the period | 9904 | €14,105 | €33,124 | +€19,019 | +134.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,105 | €33,124 | +€19,019 | +134.8% |
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 10 October 2026 via checked.be.