YCL: 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.
YCL
Largest movements
- Receivables within one year -€17,388
down €17,388 (-43.6%), from €39,865 to €22,476
of which Trade receivables: -€13,490
- Cash +€15,968
up €15,968 (+87.5%), from €18,241 to €34,209
mainly Other debts (+€27,393) and Net result for the year (+€22,267)
- Tangible fixed assets -€3,948
down €3,948 (-3.0%), from €132,656 to €128,707
of which Land and buildings: -€3,086
- Other debts +€27,393
up €27,393 (+45.9%), from €59,657 to €87,050
- Profit (loss) carried forward -€22,233
down €22,233 (-50.2%), from €44,321 to €22,087
- Debts after one year -€9,886
down €9,886 (-24.8%), from €39,838 to €29,952
- Tax, wage and social debts -€4,855
down €4,855 (-26.0%), from €18,690 to €13,835
of which Taxes: -€4,855
- Accrued charges and deferred income +€2,648
up €2,648 (+132.6%), from €1,997 to €4,645
- Gross operating margin +€6,453
up €6,453 (+17.7%), from €36,495 to €42,947
- Depreciation +€2,070
up €2,070 (+46.2%), from €4,476 to €6,546
- Taxes +€1,003
up €1,003 (+16.4%), from €6,099 to €7,102
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 | €197,704 | €192,337 | -€5,367 | -2.7% |
| Fixed assets | 21/28 | €132,656 | €128,707 | -€3,948 | -3.0% |
| Tangible fixed assets | 22/27 | €132,656 | €128,707 | -€3,948 | -3.0% |
| Land and buildings | 22 | €104,935 | €101,849 | -€3,086 | -2.9% |
| Furniture and vehicles | 24 | €5,565 | €6,650 | +€1,084 | +19.5% |
| Other tangible fixed assets | 26 | €22,156 | €20,209 | -€1,947 | -8.8% |
| Current assets | 29/58 | €65,048 | €63,629 | -€1,418 | -2.2% |
| Amounts receivable within one year | 40/41 | €39,865 | €22,476 | -€17,388 | -43.6% |
| Trade receivables | 40 | €35,931 | €22,442 | -€13,490 | -37.5% |
| Other amounts receivable | 41 | €3,933 | €35 | -€3,899 | -99.1% |
| Cash at bank and in hand | 54/58 | €18,241 | €34,209 | +€15,968 | +87.5% |
| Deferred charges and accrued income | 490/1 | €6,943 | €6,944 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €197,704 | €192,337 | -€5,367 | -2.7% |
| Equity | 10/15 | €65,965 | €43,731 | -€22,233 | -33.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,644 | €1,644 | = | 0.0% |
| Distributable reserves | 133 | €1,644 | €1,644 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,321 | €22,087 | -€22,233 | -50.2% |
| Amounts payable | 17/49 | €131,739 | €148,605 | +€16,866 | +12.8% |
| Amounts payable after more than one year | 17 | €39,838 | €29,952 | -€9,886 | -24.8% |
| Financial debts | 170/4 | €39,838 | €29,952 | -€9,886 | -24.8% |
| Amounts payable within one year | 42/48 | €89,904 | €114,008 | +€24,104 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €9,637 | €9,886 | +€249 | +2.6% |
| Financial debts | 43 | - | €2,355 | +€2,355 | |
| Other loans | 439 | - | €2,355 | +€2,355 | |
| Trade debts | 44 | €1,920 | €881 | -€1,039 | -54.1% |
| Suppliers | 440/4 | €1,920 | €881 | -€1,039 | -54.1% |
| Taxes, remuneration and social security | 45 | €18,690 | €13,835 | -€4,855 | -26.0% |
| Taxes | 450/3 | €16,100 | €11,245 | -€4,855 | -30.2% |
| Remuneration and social security | 454/9 | €2,590 | €2,590 | = | 0.0% |
| Other amounts payable | 47/48 | €59,657 | €87,050 | +€27,393 | +45.9% |
| Accrued charges and deferred income | 492/3 | €1,997 | €4,645 | +€2,648 | +132.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,476 | €6,546 | +€2,070 | +46.2% |
| Other operating charges | 640/8 | €1,243 | €1,457 | +€215 | +17.3% |
| Gross operating margin | 9900 | €36,495 | €42,947 | +€6,453 | +17.7% |
| Operating profit (loss) | 9901 | €30,776 | €34,944 | +€4,168 | +13.5% |
| Financial income | 75/76B | €15 | €6 | -€9 | -61.8% |
| Recurring financial income | 75 | €15 | €6 | -€9 | -61.8% |
| Financial charges | 65/66B | €6,005 | €5,581 | -€424 | -7.1% |
| Recurring financial charges | 65 | €6,005 | €5,581 | -€424 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €24,786 | €29,369 | +€4,583 | +18.5% |
| Income taxes | 67/77 | €6,099 | €7,102 | +€1,003 | +16.4% |
| Profit (loss) for the period | 9904 | €18,686 | €22,267 | +€3,580 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,686 | €22,267 | +€3,580 | +19.2% |
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.