YEC: 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.
YEC
Largest movements
- Receivables within one year +€9,471
up €9,471 (+49.0%), from €19,320 to €28,791
of which Other amounts receivable: +€9,819
- Cash +€4,208
up €4,208 (+24.0%), from €17,507 to €21,715
mainly Net result for the year (+€23,952) and Tax, wage and social debts (+€2,448)
- Tangible fixed assets -€946
down €946 (-48.2%), from €1,964 to €1,018
of which Furniture and vehicles: -€656
- Reserves +€11,850
up €11,850 (+99.9%), from €11,860 to €23,710
of which Distributable reserves: +€11,850
- Tax, wage and social debts +€2,448
up €2,448 (+42.2%), from €5,794 to €8,242
of which Taxes: +€3,148
- Other debts -€2,265
down €2,265 (-16.2%), from €14,000 to €11,735
- Trade debts +€1,102
up €1,102 (+125.1%), from €881 to €1,983
- Turnover +€7,134
up €7,134 (+6.9%), from €102,942 to €110,076
- Gross operating margin +€6,887
up €6,887 (+22.0%), from €31,368 to €38,255
- Taxes +€1,666
up €1,666 (+19.1%), from €8,745 to €10,411
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 | €38,985 | €52,221 | +€13,237 | +34.0% |
| Fixed assets | 21/28 | €1,964 | €1,018 | -€946 | -48.2% |
| Tangible fixed assets | 22/27 | €1,964 | €1,018 | -€946 | -48.2% |
| Plant, machinery and equipment | 23 | €676 | €386 | -€290 | -42.9% |
| Furniture and vehicles | 24 | €1,287 | €632 | -€656 | -50.9% |
| Current assets | 29/58 | €37,021 | €51,203 | +€14,182 | +38.3% |
| Amounts receivable within one year | 40/41 | €19,320 | €28,791 | +€9,471 | +49.0% |
| Trade receivables | 40 | €480 | €133 | -€348 | -72.4% |
| Other amounts receivable | 41 | €18,840 | €28,659 | +€9,819 | +52.1% |
| Cash at bank and in hand | 54/58 | €17,507 | €21,715 | +€4,208 | +24.0% |
| Deferred charges and accrued income | 490/1 | €194 | €696 | +€503 | +259.6% |
| Total equity and liabilities | 10/49 | €38,985 | €52,221 | +€13,237 | +34.0% |
| Equity | 10/15 | €18,309 | €30,261 | +€11,952 | +65.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,860 | €23,710 | +€11,850 | +99.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €21,850 | +€11,850 | +118.5% |
| Profit (loss) carried forward | 14 | €249 | €351 | +€102 | +40.8% |
| Amounts payable | 17/49 | €20,675 | €21,960 | +€1,285 | +6.2% |
| Amounts payable within one year | 42/48 | €20,675 | €21,960 | +€1,285 | +6.2% |
| Trade debts | 44 | €881 | €1,983 | +€1,102 | +125.1% |
| Suppliers | 440/4 | €881 | €1,983 | +€1,102 | +125.1% |
| Taxes, remuneration and social security | 45 | €5,794 | €8,242 | +€2,448 | +42.2% |
| Taxes | 450/3 | €4,305 | €7,452 | +€3,148 | +73.1% |
| Remuneration and social security | 454/9 | €1,490 | €790 | -€700 | -47.0% |
| Other amounts payable | 47/48 | €14,000 | €11,735 | -€2,265 | -16.2% |
| Turnover | 70 | €102,942 | €110,076 | +€7,134 | +6.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €71,574 | €71,821 | +€247 | +0.3% |
| Remuneration, social security and pensions | 62 | - | €380 | +€380 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €742 | €946 | +€204 | +27.5% |
| Other operating charges | 640/8 | €1,297 | €1,083 | -€214 | -16.5% |
| Gross operating margin | 9900 | €31,368 | €38,255 | +€6,887 | +22.0% |
| Operating profit (loss) | 9901 | €29,330 | €35,846 | +€6,516 | +22.2% |
| Financial income | 75/76B | €1 | €25 | +€24 | +4810.0% |
| Recurring financial income | 75 | €1 | €25 | +€24 | +4810.0% |
| Financial charges | 65/66B | €1,381 | €1,508 | +€126 | +9.1% |
| Recurring financial charges | 65 | €1,381 | €1,508 | +€126 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €27,949 | €34,363 | +€6,414 | +22.9% |
| Income taxes | 67/77 | €8,745 | €10,411 | +€1,666 | +19.1% |
| Profit (loss) for the period | 9904 | €19,204 | €23,952 | +€4,748 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,204 | €23,952 | +€4,748 | +24.7% |
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.