YCABO: 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.
YCABO
Largest movements
- Cash +€42,364
up €42,364 (+78.4%), from €54,030 to €96,394
mainly Depreciation (+€36,946) and Net result for the year (+€29,302)
- Tangible fixed assets +€36,351
up €36,351 (+28.2%), from €128,861 to €165,212
of which Furniture and vehicles: +€40,610
- Receivables within one year -€3,489
down €3,489 (-28.8%), from €12,130 to €8,642
of which Trade receivables: -€12,130
- Reserves +€29,302
up €29,302 (+74.8%), from €39,168 to €68,470
- Debts after one year +€24,863
up €24,863 (+26.5%), from €93,659 to €118,522
- Other debts -€18,222
down €18,222 (-63.6%), from €28,670 to €10,448
- Trade debts +€17,299
up €17,299 (+389.8%), from €4,437 to €21,736
- Current portion of long-term debt +€11,257
up €11,257 (+75.7%), from €14,880 to €26,137
- Gross operating margin +€56,625
up €56,625 (+186.1%), from €30,431 to €87,055
- Depreciation +€12,924
up €12,924 (+53.8%), from €24,021 to €36,946
- Taxes +€11,910
up €11,910 (+2081.9%), from €572 to €12,483
- Financial charges +€2,181
up €2,181 (+50.3%), from €4,338 to €6,519
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 | €201,533 | €278,414 | +€76,880 | +38.1% |
| Fixed assets | 21/28 | €128,861 | €165,212 | +€36,351 | +28.2% |
| Tangible fixed assets | 22/27 | €128,861 | €165,212 | +€36,351 | +28.2% |
| Land and buildings | 22 | €63,296 | €55,774 | -€7,521 | -11.9% |
| Plant, machinery and equipment | 23 | €5,726 | €5,879 | +€152 | +2.7% |
| Furniture and vehicles | 24 | €59,839 | €100,449 | +€40,610 | +67.9% |
| Other tangible fixed assets | 26 | - | €3,111 | +€3,111 | |
| Current assets | 29/58 | €72,672 | €113,201 | +€40,529 | +55.8% |
| Stocks and contracts in progress | 3 | €1,025 | €0 | -€1,025 | -100.0% |
| Contracts in progress | 37 | €1,025 | €0 | -€1,025 | -100.0% |
| Amounts receivable within one year | 40/41 | €12,130 | €8,642 | -€3,489 | -28.8% |
| Trade receivables | 40 | €12,130 | €0 | -€12,130 | -100.0% |
| Other amounts receivable | 41 | €0 | €8,642 | +€8,642 | |
| Current investments | 50/53 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €54,030 | €96,394 | +€42,364 | +78.4% |
| Deferred charges and accrued income | 490/1 | €5,487 | €5,666 | +€179 | +3.3% |
| Total equity and liabilities | 10/49 | €201,533 | €278,414 | +€76,880 | +38.1% |
| Equity | 10/15 | €51,568 | €80,870 | +€29,302 | +56.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €39,168 | €68,470 | +€29,302 | +74.8% |
| Distributable reserves | 133 | €39,168 | €68,470 | +€29,302 | +74.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €149,965 | €197,543 | +€47,578 | +31.7% |
| Amounts payable after more than one year | 17 | €93,659 | €118,522 | +€24,863 | +26.5% |
| Financial debts | 170/4 | €93,659 | €118,522 | +€24,863 | +26.5% |
| Amounts payable within one year | 42/48 | €56,306 | €77,736 | +€21,430 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €14,880 | €26,137 | +€11,257 | +75.7% |
| Financial debts | 43 | - | €8,800 | +€8,800 | |
| Other loans | 439 | - | €8,800 | +€8,800 | |
| Trade debts | 44 | €4,437 | €21,736 | +€17,299 | +389.8% |
| Suppliers | 440/4 | €4,437 | €21,736 | +€17,299 | +389.8% |
| Advances received on contracts in progress | 46 | - | €7,481 | +€7,481 | |
| Taxes, remuneration and social security | 45 | €8,319 | €3,133 | -€5,186 | -62.3% |
| Taxes | 450/3 | €8,319 | €3,133 | -€5,186 | -62.3% |
| Other amounts payable | 47/48 | €28,670 | €10,448 | -€18,222 | -63.6% |
| Accrued charges and deferred income | 492/3 | - | €1,286 | +€1,286 | |
| Non-recurring operating income | 76A | - | €28,440 | +€28,440 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,021 | €36,946 | +€12,924 | +53.8% |
| Other operating charges | 640/8 | €1,968 | €2,262 | +€294 | +14.9% |
| Non-recurring operating charges | 66A | €0 | €217 | +€217 | |
| Gross operating margin | 9900 | €30,431 | €87,055 | +€56,625 | +186.1% |
| Operating profit (loss) | 9901 | €4,441 | €47,631 | +€43,190 | +972.5% |
| Financial income | 75/76B | €496 | €673 | +€177 | +35.8% |
| Recurring financial income | 75 | €496 | €673 | +€177 | +35.8% |
| Financial charges | 65/66B | €4,338 | €6,519 | +€2,181 | +50.3% |
| Recurring financial charges | 65 | €4,338 | €6,519 | +€2,181 | +50.3% |
| Profit (loss) for the period before taxes | 9903 | €598 | €41,785 | +€41,186 | +6882.8% |
| Income taxes | 67/77 | €572 | €12,483 | +€11,910 | +2081.9% |
| Profit (loss) for the period | 9904 | €26 | €29,302 | +€29,276 | +111314.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26 | €29,302 | +€29,276 | +111314.7% |
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.