YDEGO: 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.
YDEGO
Largest movements
- Tangible fixed assets -€18,113
down €18,113 (-4.0%), from €450,968 to €432,855
of which Land and buildings: -€24,583
- Tax, wage and social debts -€21,375
down €21,375 (-58.2%), from €36,712 to €15,337
of which Remuneration and social security: -€24,016
- Profit (loss) carried forward +€14,446
up €14,446 (+38.7%), from -€37,292 to -€22,846
- Debts after one year -€13,209
down €13,209 (-5.1%), from €260,275 to €247,065
- Other debts +€8,610
up €8,610 (+5.4%), from €160,117 to €168,728
- Trade debts -€8,110
down €8,110 (-47.7%), from €17,000 to €8,891
- Staff costs -€39,081
no longer reported in 2024 (was €39,081)
- Gross operating margin +€31,213
up €31,213 (+110.0%), from €28,371 to €59,584
- Other operating charges +€4,115
up €4,115 (+102.6%), from €4,011 to €8,126
- Depreciation +€1,470
up €1,470 (+5.2%), from €28,519 to €29,989
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €458,495 | €435,384 | -€23,111 | -5.0% |
| Formation expenses | 20 | €161 | - | -€161 | |
| Fixed assets | 21/28 | €450,968 | €432,855 | -€18,113 | -4.0% |
| Tangible fixed assets | 22/27 | €450,968 | €432,855 | -€18,113 | -4.0% |
| Land and buildings | 22 | €435,610 | €411,027 | -€24,583 | -5.6% |
| Furniture and vehicles | 24 | €15,358 | €21,828 | +€6,470 | +42.1% |
| Current assets | 29/58 | €7,367 | €2,529 | -€4,837 | -65.7% |
| Amounts receivable within one year | 40/41 | €5,211 | €1,787 | -€3,423 | -65.7% |
| Trade receivables | 40 | €3,566 | €1,787 | -€1,779 | -49.9% |
| Other amounts receivable | 41 | €1,645 | - | -€1,645 | |
| Cash at bank and in hand | 54/58 | €1,999 | €742 | -€1,257 | -62.9% |
| Deferred charges and accrued income | 490/1 | €157 | - | -€157 | |
| Total equity and liabilities | 10/49 | €458,495 | €435,384 | -€23,111 | -5.0% |
| Equity | 10/15 | -€32,292 | -€17,846 | +€14,446 | +44.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,292 | -€22,846 | +€14,446 | +38.7% |
| Amounts payable | 17/49 | €490,788 | €453,230 | -€37,557 | -7.7% |
| Amounts payable after more than one year | 17 | €260,275 | €247,065 | -€13,209 | -5.1% |
| Financial debts | 170/4 | €260,275 | €247,065 | -€13,209 | -5.1% |
| Amounts payable within one year | 42/48 | €230,513 | €206,165 | -€24,348 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €16,013 | €13,209 | -€2,804 | -17.5% |
| Financial debts | 43 | €670 | - | -€670 | |
| Credit institutions | 430/8 | €670 | - | -€670 | |
| Trade debts | 44 | €17,000 | €8,891 | -€8,110 | -47.7% |
| Suppliers | 440/4 | €17,000 | €8,891 | -€8,110 | -47.7% |
| Taxes, remuneration and social security | 45 | €36,712 | €15,337 | -€21,375 | -58.2% |
| Taxes | 450/3 | €755 | €3,396 | +€2,642 | +349.9% |
| Remuneration and social security | 454/9 | €35,957 | €11,941 | -€24,016 | -66.8% |
| Other amounts payable | 47/48 | €160,117 | €168,728 | +€8,610 | +5.4% |
| Remuneration, social security and pensions | 62 | €39,081 | - | -€39,081 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,519 | €29,989 | +€1,470 | +5.2% |
| Other operating charges | 640/8 | €4,011 | €8,126 | +€4,115 | +102.6% |
| Gross operating margin | 9900 | €28,371 | €59,584 | +€31,213 | +110.0% |
| Operating profit (loss) | 9901 | -€43,240 | €21,469 | +€64,709 | |
| Financial charges | 65/66B | €6,782 | €6,883 | +€101 | +1.5% |
| Recurring financial charges | 65 | €6,782 | €6,883 | +€101 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€50,022 | €14,586 | +€64,608 | |
| Income taxes | 67/77 | €123 | €140 | +€16 | +13.2% |
| Profit (loss) for the period | 9904 | -€50,146 | €14,446 | +€64,592 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,146 | €14,446 | +€64,592 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.