YDKG: 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.
YDKG
Largest movements
- Cash -€95,957
down €95,957 (-39.0%), from €246,049 to €150,092
mainly Contributions, distributions and other (-€576,919) and Debts after one year (-€170,789)
- Receivables within one year +€55,150
up €55,150 (+4.6%), from €1.2m to €1.2m
of which Other amounts receivable: +€92,982
- Other debts +€530,980
up €530,980 (+185.5%), from €286,202 to €817,181
- Reserves -€376,725
down €376,725 (-16.4%), from €2.3m to €1.9m
of which Distributable reserves: -€341,236
- Debts after one year -€170,789
down €170,789 (-11.6%), from €1.5m to €1.3m
- Short-term financial debts -€53,075
down €53,075 (-34.7%), from €153,075 to €100,000
- Gross operating margin -€138,455
down €138,455 (-17.4%), from €796,995 to €658,540
- Taxes -€87,964
down €87,964 (-46.0%), from €191,238 to €103,274
- Other operating charges +€53,541
up €53,541 (+231.8%), from €23,102 to €76,643
- Financial charges +€39,809
up €39,809 (+32.5%), from €122,427 to €162,235
- Financial income +€8,838
up €8,838 (+22.5%), from €39,206 to €48,044
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 | €4,930,563 | €4,854,181 | -€76,382 | -1.5% |
| Fixed assets | 21/28 | €3,460,010 | €3,451,027 | -€8,983 | -0.3% |
| Tangible fixed assets | 22/27 | €3,309,180 | €3,300,197 | -€8,983 | -0.3% |
| Land and buildings | 22 | €3,264,733 | €3,113,819 | -€150,915 | -4.6% |
| Furniture and vehicles | 24 | €44,447 | €186,378 | +€141,931 | +319.3% |
| Financial fixed assets | 28 | €150,831 | €150,831 | = | 0.0% |
| Current assets | 29/58 | €1,470,552 | €1,403,154 | -€67,398 | -4.6% |
| Amounts receivable within one year | 40/41 | €1,190,677 | €1,245,827 | +€55,150 | +4.6% |
| Trade receivables | 40 | €84,521 | €46,689 | -€37,832 | -44.8% |
| Other amounts receivable | 41 | €1,106,155 | €1,199,137 | +€92,982 | +8.4% |
| Cash at bank and in hand | 54/58 | €246,049 | €150,092 | -€95,957 | -39.0% |
| Deferred charges and accrued income | 490/1 | €33,826 | €7,235 | -€26,592 | -78.6% |
| Total equity and liabilities | 10/49 | €4,930,563 | €4,854,181 | -€76,382 | -1.5% |
| Equity | 10/15 | €2,328,692 | €1,951,967 | -€376,725 | -16.2% |
| Contributions | 10/11 | €24,868 | €24,868 | = | 0.0% |
| Reserves | 13 | €2,303,415 | €1,926,690 | -€376,725 | -16.4% |
| Non-distributable reserves | 130/1 | €44,940 | €44,940 | = | 0.0% |
| Reserves not available under the articles | 1311 | €44,940 | €44,940 | = | 0.0% |
| Tax-exempt reserves | 132 | €634,618 | €599,129 | -€35,489 | -5.6% |
| Distributable reserves | 133 | €1,623,857 | €1,282,621 | -€341,236 | -21.0% |
| Profit (loss) carried forward | 14 | €410 | €410 | = | 0.0% |
| Provisions and deferred taxes | 16 | €207,493 | €195,663 | -€11,830 | -5.7% |
| Deferred taxes | 168 | €207,493 | €195,663 | -€11,830 | -5.7% |
| Amounts payable | 17/49 | €2,394,378 | €2,706,551 | +€312,173 | +13.0% |
| Amounts payable after more than one year | 17 | €1,473,861 | €1,303,072 | -€170,789 | -11.6% |
| Financial debts | 170/4 | €1,473,861 | €1,303,072 | -€170,789 | -11.6% |
| Amounts payable within one year | 42/48 | €917,701 | €1,401,566 | +€483,865 | +52.7% |
| Current portion of amounts payable after more than one year | 42 | €308,025 | €344,673 | +€36,648 | +11.9% |
| Financial debts | 43 | €153,075 | €100,000 | -€53,075 | -34.7% |
| Credit institutions | 430/8 | €153,075 | €100,000 | -€53,075 | -34.7% |
| Trade debts | 44 | €135,586 | €131,505 | -€4,081 | -3.0% |
| Suppliers | 440/4 | €135,586 | €131,505 | -€4,081 | -3.0% |
| Advances received on contracts in progress | 46 | €635 | €672 | +€37 | +5.8% |
| Taxes, remuneration and social security | 45 | €34,179 | €7,535 | -€26,643 | -78.0% |
| Taxes | 450/3 | €34,179 | €7,535 | -€26,643 | -78.0% |
| Other amounts payable | 47/48 | €286,202 | €817,181 | +€530,980 | +185.5% |
| Accrued charges and deferred income | 492/3 | €2,816 | €1,913 | -€903 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,488 | €176,068 | +€5,580 | +3.3% |
| Other operating charges | 640/8 | €23,102 | €76,643 | +€53,541 | +231.8% |
| Gross operating margin | 9900 | €796,995 | €658,540 | -€138,455 | -17.4% |
| Operating profit (loss) | 9901 | €603,405 | €405,829 | -€197,576 | -32.7% |
| Financial income | 75/76B | €39,206 | €48,044 | +€8,838 | +22.5% |
| Recurring financial income | 75 | €39,206 | €48,044 | +€8,838 | +22.5% |
| Financial charges | 65/66B | €122,427 | €162,235 | +€39,809 | +32.5% |
| Recurring financial charges | 65 | €122,427 | €162,235 | +€39,809 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | €520,185 | €291,638 | -€228,547 | -43.9% |
| Transfer from deferred taxes | 780 | €12,262 | €11,830 | -€433 | -3.5% |
| Income taxes | 67/77 | €191,238 | €103,274 | -€87,964 | -46.0% |
| Profit (loss) for the period | 9904 | €341,210 | €200,194 | -€141,016 | -41.3% |
| Transfer from tax-exempt reserves | 789 | €36,787 | €35,489 | -€1,298 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €377,997 | €235,683 | -€142,314 | -37.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.