YEAST: 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.
YEAST
Largest movements
- Financial fixed assets +€3.2m
up €3.2m (+442%), from €720,000 to €3.9m
- Receivables within one year -€149,205
down €149,205 (-26.3%), from €566,267 to €417,062
of which Trade receivables: -€149,108
- Debts after one year +€2.2m
up €2.2m (+989%), from €225,143 to €2.5m
- Other debts +€567,889
up €567,889 (+135%), from €419,432 to €987,321
- Current portion of long-term debt +€253,206
up €253,206 (+199%), from €127,094 to €380,299
- Gross operating margin -€242,072
down €242,072 (-92.3%), from €262,324 to €20,252
- Taxes -€64,636
down €64,636 (-99.2%), from €65,184 to €548
- Financial income -€13,838
no longer reported in 2024 (was €13,838)
- Financial charges -€5,765
down €5,765 (-25.6%), from €22,502 to €16,738
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
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 | €1,292,203 | €4,333,154 | +€3.0m | +235% |
| Fixed assets | 21/28 | €720,000 | €3,900,000 | +€3.2m | +442% |
| Financial fixed assets | 28 | €720,000 | €3,900,000 | +€3.2m | +442% |
| Current assets | 29/58 | €572,203 | €433,154 | -€139,049 | -24.3% |
| Amounts receivable within one year | 40/41 | €566,267 | €417,062 | -€149,205 | -26.3% |
| Trade receivables | 40 | €153,595 | €4,488 | -€149,108 | -97.1% |
| Other amounts receivable | 41 | €412,672 | €412,574 | -€98 | 0.0% |
| Cash at bank and in hand | 54/58 | €5,154 | €16,092 | +€10,939 | +212% |
| Deferred charges and accrued income | 490/1 | €782 | - | -€782 | |
| Total equity and liabilities | 10/49 | €1,292,203 | €4,333,154 | +€3.0m | +235% |
| Equity | 10/15 | €462,167 | €463,987 | +€1,820 | +0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €449,767 | €451,587 | +€1,820 | +0.4% |
| Distributable reserves | 133 | €449,767 | €451,587 | +€1,820 | +0.4% |
| Amounts payable | 17/49 | €830,036 | €3,869,167 | +€3.0m | +366% |
| Amounts payable after more than one year | 17 | €225,143 | €2,452,010 | +€2.2m | +989% |
| Financial debts | 170/4 | €225,143 | €2,452,010 | +€2.2m | +989% |
| Amounts payable within one year | 42/48 | €604,893 | €1,407,943 | +€803,050 | +133% |
| Current portion of amounts payable after more than one year | 42 | €127,094 | €380,299 | +€253,206 | +199% |
| Trade debts | 44 | €14,817 | €26,608 | +€11,791 | +79.6% |
| Suppliers | 440/4 | €14,817 | €26,608 | +€11,791 | +79.6% |
| Taxes, remuneration and social security | 45 | €43,551 | €13,715 | -€29,835 | -68.5% |
| Taxes | 450/3 | €43,551 | €13,715 | -€29,835 | -68.5% |
| Other amounts payable | 47/48 | €419,432 | €987,321 | +€567,889 | +135% |
| Accrued charges and deferred income | 492/3 | - | €9,214 | +€9,214 | |
| Non-recurring operating income | 76A | - | €5,667 | +€5,667 | |
| Other operating charges | 640/8 | €2,039 | €1,146 | -€892 | -43.8% |
| Gross operating margin | 9900 | €262,324 | €20,252 | -€242,072 | -92.3% |
| Operating profit (loss) | 9901 | €260,286 | €19,106 | -€241,180 | -92.7% |
| Financial income | 75/76B | €13,838 | - | -€13,838 | |
| Recurring financial income | 75 | €13,838 | - | -€13,838 | |
| Financial charges | 65/66B | €22,502 | €16,738 | -€5,765 | -25.6% |
| Recurring financial charges | 65 | €22,502 | €16,738 | -€5,765 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €251,621 | €2,368 | -€249,253 | -99.1% |
| Income taxes | 67/77 | €65,184 | €548 | -€64,636 | -99.2% |
| Profit (loss) for the period | 9904 | €186,437 | €1,820 | -€184,617 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €186,437 | €1,820 | -€184,617 | -99.0% |
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 28 October 2026 via checked.be.