YC Projects: 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.
YC Projects
Largest movements
- Receivables within one year -€14,226
no longer reported in 2025 (was €14,226)
of which Trade receivables: -€12,000
- Deferred charges and accrued income -€4,420
down €4,420 (-40.0%), from €11,050 to €6,630
- Tangible fixed assets +€2,810
up €2,810 (+332.4%), from €845 to €3,655
- Debts after one year -€61,315
no longer reported in 2025 (was €61,315)
- Profit (loss) carried forward +€38,603
up €38,603 (+56.9%), from -€67,893 to -€29,290
- Other debts +€13,296
new in 2025: €13,296
- Tax, wage and social debts +€11,373
up €11,373 (+222.9%), from €5,103 to €16,475
- Trade debts -€7,710
down €7,710 (-73.3%), from €10,513 to €2,803
- Gross operating margin +€39,228
up €39,228 (+332.0%), from €11,816 to €51,044
- Taxes +€9,232
up €9,232 (+3851.3%), from €240 to €9,472
- Financial charges -€5,104
down €5,104 (-82.9%), from €6,155 to €1,052
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,121 | €10,285 | -€15,836 | -60.6% |
| Fixed assets | 21/28 | €845 | €3,655 | +€2,810 | +332.4% |
| Tangible fixed assets | 22/27 | €845 | €3,655 | +€2,810 | +332.4% |
| Plant, machinery and equipment | 23 | €845 | €3,655 | +€2,810 | +332.4% |
| Current assets | 29/58 | €25,276 | €6,630 | -€18,646 | -73.8% |
| Amounts receivable within one year | 40/41 | €14,226 | - | -€14,226 | |
| Trade receivables | 40 | €12,000 | - | -€12,000 | |
| Other amounts receivable | 41 | €2,226 | - | -€2,226 | |
| Deferred charges and accrued income | 490/1 | €11,050 | €6,630 | -€4,420 | -40.0% |
| Total equity and liabilities | 10/49 | €26,121 | €10,285 | -€15,836 | -60.6% |
| Equity | 10/15 | -€60,893 | -€22,290 | +€38,603 | +63.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,893 | -€29,290 | +€38,603 | +56.9% |
| Amounts payable | 17/49 | €87,014 | €32,575 | -€54,439 | -62.6% |
| Amounts payable after more than one year | 17 | €61,315 | - | -€61,315 | |
| Other amounts payable | 178/9 | €61,315 | - | -€61,315 | |
| Amounts payable within one year | 42/48 | €25,699 | €32,575 | +€6,875 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €4,705 | - | -€4,705 | |
| Financial debts | 43 | €5,378 | - | -€5,378 | |
| Credit institutions | 430/8 | €5,378 | - | -€5,378 | |
| Trade debts | 44 | €10,513 | €2,803 | -€7,710 | -73.3% |
| Suppliers | 440/4 | €10,513 | €2,803 | -€7,710 | -73.3% |
| Taxes, remuneration and social security | 45 | €5,103 | €16,475 | +€11,373 | +222.9% |
| Taxes | 450/3 | €5,103 | €16,475 | +€11,373 | +222.9% |
| Other amounts payable | 47/48 | - | €13,296 | +€13,296 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | €1,437 | +€387 | +36.8% |
| Other operating charges | 640/8 | €720 | €480 | -€240 | -33.3% |
| Gross operating margin | 9900 | €11,816 | €51,044 | +€39,228 | +332.0% |
| Operating profit (loss) | 9901 | €10,046 | €49,127 | +€39,081 | +389.0% |
| Financial charges | 65/66B | €6,155 | €1,052 | -€5,104 | -82.9% |
| Recurring financial charges | 65 | €6,155 | €1,052 | -€5,104 | -82.9% |
| Profit (loss) for the period before taxes | 9903 | €3,891 | €48,075 | +€44,185 | +1135.7% |
| Income taxes | 67/77 | €240 | €9,472 | +€9,232 | +3851.3% |
| Profit (loss) for the period | 9904 | €3,651 | €38,603 | +€34,952 | +957.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,651 | €38,603 | +€34,952 | +957.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.