YDJ PROJECTS: 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.
YDJ PROJECTS
Largest movements
- Tangible fixed assets -€13,364
down €13,364 (-40.0%), from €33,409 to €20,045
- Receivables within one year -€13,137
down €13,137 (-5.4%), from €242,113 to €228,976
of which Trade receivables: -€23,660
- Trade debts -€50,889
down €50,889 (-74.4%), from €68,366 to €17,477
- Advances received +€27,897
new in 2024: €27,897
- Tax, wage and social debts -€8,864
down €8,864 (-38.3%), from €23,134 to €14,270
- Short-term financial debts +€3,560
up €3,560 (+23.4%), from €15,228 to €18,788
- Gross operating margin -€14,301
down €14,301 (-42.7%), from €33,454 to €19,153
- Depreciation +€5,991
up €5,991 (+81.3%), from €7,373 to €13,364
- Financial charges +€1,749
up €1,749 (+216%), from €810 to €2,559
- Taxes -€1,221
down €1,221 (-23.4%), from €5,225 to €4,004
- Financial income +€510
up €510 (+17.0%), from €2,992 to €3,502
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.
Derived cash bridge
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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €276,979 | €250,386 | -€26,593 | -9.6% |
| Fixed assets | 21/28 | €33,659 | €20,045 | -€13,614 | -40.4% |
| Tangible fixed assets | 22/27 | €33,409 | €20,045 | -€13,364 | -40.0% |
| Furniture and vehicles | 24 | €33,409 | €20,045 | -€13,364 | -40.0% |
| Financial fixed assets | 28 | €250 | €0 | -€250 | -100% |
| Current assets | 29/58 | €243,320 | €230,341 | -€12,979 | -5.3% |
| Amounts receivable within one year | 40/41 | €242,113 | €228,976 | -€13,137 | -5.4% |
| Trade receivables | 40 | €100,357 | €76,697 | -€23,660 | -23.6% |
| Other amounts receivable | 41 | €141,756 | €152,279 | +€10,523 | +7.4% |
| Deferred charges and accrued income | 490/1 | €1,207 | €1,365 | +€158 | +13.1% |
| Total equity and liabilities | 10/49 | €276,979 | €250,386 | -€26,593 | -9.6% |
| Equity | 10/15 | €168,881 | €170,249 | +€1,368 | +0.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €164,232 | €164,232 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €162,232 | €162,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,351 | -€3,983 | +€1,368 | +25.6% |
| Amounts payable | 17/49 | €108,098 | €80,137 | -€27,961 | -25.9% |
| Amounts payable within one year | 42/48 | €106,728 | €78,432 | -€28,296 | -26.5% |
| Financial debts | 43 | €15,228 | €18,788 | +€3,560 | +23.4% |
| Credit institutions | 430/8 | €15,228 | €18,788 | +€3,560 | +23.4% |
| Trade debts | 44 | €68,366 | €17,477 | -€50,889 | -74.4% |
| Suppliers | 440/4 | €68,366 | €17,477 | -€50,889 | -74.4% |
| Advances received on contracts in progress | 46 | - | €27,897 | +€27,897 | |
| Taxes, remuneration and social security | 45 | €23,134 | €14,270 | -€8,864 | -38.3% |
| Taxes | 450/3 | €23,134 | €14,270 | -€8,864 | -38.3% |
| Accrued charges and deferred income | 492/3 | €1,370 | €1,705 | +€335 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,373 | €13,364 | +€5,991 | +81.3% |
| Other operating charges | 640/8 | €919 | €1,360 | +€441 | +48.0% |
| Gross operating margin | 9900 | €33,454 | €19,153 | -€14,301 | -42.7% |
| Operating profit (loss) | 9901 | €25,162 | €4,429 | -€20,733 | -82.4% |
| Financial income | 75/76B | €2,992 | €3,502 | +€510 | +17.0% |
| Recurring financial income | 75 | €2,992 | €3,502 | +€510 | +17.0% |
| Financial charges | 65/66B | €810 | €2,559 | +€1,749 | +216% |
| Recurring financial charges | 65 | €810 | €2,559 | +€1,749 | +216% |
| Profit (loss) for the period before taxes | 9903 | €27,344 | €5,372 | -€21,972 | -80.4% |
| Income taxes | 67/77 | €5,225 | €4,004 | -€1,221 | -23.4% |
| Profit (loss) for the period | 9904 | €22,119 | €1,368 | -€20,751 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,119 | €1,368 | -€20,751 | -93.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.