Ycofin: what changed
What changed
Ycofin
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€22,183
2024 · €13,578+€8,605
Equity
€70,067
2024 · €47,884+€22,183
Cash
€50,431
2024 · €34,728+€15,703
Balance sheet total
€78,012
2024 · €56,642+€21,370
Largest movements
Assets
- Cash +€15,703
up €15,703 (+45.2%), from €34,728 to €50,431
mainly Net result for the year (+€22,183) and Depreciation (+€1,414)
- Tangible fixed assets +€4,193
up €4,193 (+64.7%), from €6,482 to €10,675
of which Furniture and vehicles: +€5,420
- Receivables within one year +€1,168
up €1,168 (+8.9%), from €13,173 to €14,341
of which Other amounts receivable: +€2,974
Equity and liabilities
- Reserves +€22,183
up €22,183 (+51.2%), from €43,284 to €65,467
- Tax, wage and social debts -€1,985
down €1,985 (-28.5%), from €6,962 to €4,977
Income statement
- Gross operating margin +€14,753
up €14,753 (+65.8%), from €22,417 to €37,170
- Taxes +€5,397
up €5,397 (+83.5%), from €6,461 to €11,858
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€13,578
Gross operating margin
+€14,753
Depreciation
-€29
Other operating charges
-€338
Other operating items
-€13
Financial income
-€369
Financial charges
-€2
Taxes
-€5,397
Result 2025
€22,183
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€21,309
Investment
-€5,606
Financing
€0
Cash 2024
€34,728
From operations (derived)
+€21,309
Net result for the year
+€22,183
Depreciation
+€1,414
Receivables within one year
-€1,168
Deferred charges and accrued income
-€307
Trade debts
+€719
Tax, wage and social debts
-€1,985
Other debts
-€31
Accrued charges and deferred income
+€484
Investment (derived)
-€5,606
Investment in fixed assets (net)
-€5,606
Cash 2025
€50,431
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,642 | €78,012 | +€21,370 | +37.7% |
| Fixed assets | 21/28 | €6,487 | €10,680 | +€4,193 | +64.6% |
| Tangible fixed assets | 22/27 | €6,482 | €10,675 | +€4,193 | +64.7% |
| Plant, machinery and equipment | 23 | €1,151 | €566 | -€586 | -50.9% |
| Furniture and vehicles | 24 | €108 | €5,528 | +€5,420 | +5,006% |
| Other tangible fixed assets | 26 | €5,223 | €4,581 | -€642 | -12.3% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €50,155 | €67,332 | +€17,177 | +34.2% |
| Amounts receivable within one year | 40/41 | €13,173 | €14,341 | +€1,168 | +8.9% |
| Trade receivables | 40 | €12,789 | €10,982 | -€1,807 | -14.1% |
| Other amounts receivable | 41 | €384 | €3,359 | +€2,974 | +774% |
| Cash at bank and in hand | 54/58 | €34,728 | €50,431 | +€15,703 | +45.2% |
| Deferred charges and accrued income | 490/1 | €2,253 | €2,560 | +€307 | +13.6% |
| Total equity and liabilities | 10/49 | €56,642 | €78,012 | +€21,370 | +37.7% |
| Equity | 10/15 | €47,884 | €70,067 | +€22,183 | +46.3% |
| Contributions | 10/11 | €4,600 | €4,600 | = | 0.0% |
| Reserves | 13 | €43,284 | €65,467 | +€22,183 | +51.2% |
| Distributable reserves | 133 | €43,284 | €65,467 | +€22,183 | +51.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €8,758 | €7,945 | -€813 | -9.3% |
| Amounts payable within one year | 42/48 | €7,104 | €5,807 | -€1,297 | -18.3% |
| Trade debts | 44 | €112 | €831 | +€719 | +643% |
| Suppliers | 440/4 | €112 | €831 | +€719 | +643% |
| Taxes, remuneration and social security | 45 | €6,962 | €4,977 | -€1,985 | -28.5% |
| Taxes | 450/3 | €6,962 | €4,977 | -€1,985 | -28.5% |
| Other amounts payable | 47/48 | €31 | €0 | -€31 | -100% |
| Accrued charges and deferred income | 492/3 | €1,654 | €2,138 | +€484 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,384 | €1,414 | +€29 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,293 | €1,631 | +€338 | +26.2% |
| Non-recurring operating charges | 66A | - | €13 | +€13 | |
| Gross operating margin | 9900 | €22,417 | €37,170 | +€14,753 | +65.8% |
| Operating profit (loss) | 9901 | €19,740 | €34,113 | +€14,373 | +72.8% |
| Financial income | 75/76B | €520 | €151 | -€369 | -70.9% |
| Recurring financial income | 75 | €520 | €151 | -€369 | -70.9% |
| Financial charges | 65/66B | €222 | €223 | +€2 | +0.7% |
| Recurring financial charges | 65 | €222 | €223 | +€2 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €20,038 | €34,040 | +€14,002 | +69.9% |
| Income taxes | 67/77 | €6,461 | €11,858 | +€5,397 | +83.5% |
| Profit (loss) for the period | 9904 | €13,578 | €22,183 | +€8,605 | +63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,578 | €22,183 | +€8,605 | +63.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.