Yeager: 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.
Yeager
Largest movements
- Cash +€54,168
up €54,168 (+50.9%), from €106,418 to €160,586
mainly Net result for the year (+€80,447) and Other debts (+€49,684)
- Deferred charges and accrued income -€2,571
no longer reported in 2025 (was €2,571)
- Other debts +€49,684
up €49,684 (+58.7%), from €84,582 to €134,266
- Reserves +€7,447
up €7,447 (+34.4%), from €21,625 to €29,073
of which Distributable reserves: +€7,447
- Tax, wage and social debts -€4,804
down €4,804 (-33.1%), from €14,493 to €9,689
- Gross operating margin -€40,756
down €40,756 (-27.6%), from €147,934 to €107,178
- Taxes -€11,951
down €11,951 (-35.9%), from €33,247 to €21,296
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.
Derived cash bridge
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 | €139,301 | €192,696 | +€53,395 | +38.3% |
| Fixed assets | 21/28 | €12,361 | €13,576 | +€1,215 | +9.8% |
| Tangible fixed assets | 22/27 | €12,361 | €13,576 | +€1,215 | +9.8% |
| Furniture and vehicles | 24 | €10,716 | €12,581 | +€1,866 | +17.4% |
| Other tangible fixed assets | 26 | €1,646 | €994 | -€651 | -39.6% |
| Current assets | 29/58 | €126,940 | €179,120 | +€52,180 | +41.1% |
| Amounts receivable within one year | 40/41 | €17,951 | €18,534 | +€584 | +3.3% |
| Trade receivables | 40 | €17,951 | €15,830 | -€2,121 | -11.8% |
| Other amounts receivable | 41 | - | €2,704 | +€2,704 | |
| Cash at bank and in hand | 54/58 | €106,418 | €160,586 | +€54,168 | +50.9% |
| Deferred charges and accrued income | 490/1 | €2,571 | - | -€2,571 | |
| Total equity and liabilities | 10/49 | €139,301 | €192,696 | +€53,395 | +38.3% |
| Equity | 10/15 | €40,225 | €47,673 | +€7,447 | +18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,625 | €29,073 | +€7,447 | +34.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,765 | €27,213 | +€7,447 | +37.7% |
| Amounts payable | 17/49 | €99,076 | €145,023 | +€45,948 | +46.4% |
| Amounts payable within one year | 42/48 | €99,076 | €145,023 | +€45,948 | +46.4% |
| Trade debts | 44 | - | €1,068 | +€1,068 | |
| Suppliers | 440/4 | - | €1,068 | +€1,068 | |
| Taxes, remuneration and social security | 45 | €14,493 | €9,689 | -€4,804 | -33.1% |
| Taxes | 450/3 | €14,493 | €9,689 | -€4,804 | -33.1% |
| Other amounts payable | 47/48 | €84,582 | €134,266 | +€49,684 | +58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,515 | €4,285 | +€771 | +21.9% |
| Other operating charges | 640/8 | €1,480 | €1,051 | -€429 | -29.0% |
| Gross operating margin | 9900 | €147,934 | €107,178 | -€40,756 | -27.6% |
| Operating profit (loss) | 9901 | €142,940 | €101,841 | -€41,098 | -28.8% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €76 | €99 | +€22 | +29.3% |
| Recurring financial charges | 65 | €76 | €99 | +€22 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €142,873 | €101,743 | -€41,130 | -28.8% |
| Income taxes | 67/77 | €33,247 | €21,296 | -€11,951 | -35.9% |
| Profit (loss) for the period | 9904 | €109,626 | €80,447 | -€29,179 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €109,626 | €80,447 | -€29,179 | -26.6% |
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 27 October 2026 via checked.be.