Yenco: 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.
Yenco
Largest movements
- Tangible fixed assets -€22,167
down €22,167 (-23.4%), from €94,739 to €72,572
of which Leasing and similar rights: -€16,546
- Cash +€9,229
up €9,229 (+328.5%), from €2,809 to €12,038
mainly Depreciation (+€22,167) and Other debts (+€8,931)
- Deferred charges and accrued income +€5,139
up €5,139 (+519.5%), from €989 to €6,128
- Debts after one year -€12,429
down €12,429 (-26.3%), from €47,259 to €34,830
- Other debts +€8,931
up €8,931 (+17.5%), from €50,996 to €59,926
- Current portion of long-term debt -€6,601
down €6,601 (-34.7%), from €19,030 to €12,429
- Trade debts +€5,980
up €5,980 (+72.5%), from €8,248 to €14,228
- Short-term financial debts -€4,000
no longer reported in 2025 (was €4,000)
- Depreciation +€9,478
up €9,478 (+74.7%), from €12,689 to €22,167
- Gross operating margin -€4,144
down €4,144 (-13.0%), from €31,869 to €27,725
- Taxes -€1,913
down €1,913 (-58.5%), from €3,268 to €1,355
- Financial income -€470
down €470 (-63.0%), from €746 to €276
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 | €283,402 | €278,062 | -€5,339 | -1.9% |
| Fixed assets | 21/28 | €94,949 | €72,782 | -€22,167 | -23.3% |
| Tangible fixed assets | 22/27 | €94,739 | €72,572 | -€22,167 | -23.4% |
| Land and buildings | 22 | €2,605 | €2,395 | -€210 | -8.0% |
| Plant, machinery and equipment | 23 | €327 | - | -€327 | |
| Furniture and vehicles | 24 | €14,605 | €9,862 | -€4,743 | -32.5% |
| Leasing and similar rights | 25 | €75,838 | €59,291 | -€16,546 | -21.8% |
| Other tangible fixed assets | 26 | €1,364 | €1,023 | -€341 | -25.0% |
| Financial fixed assets | 28 | €211 | €211 | = | 0.0% |
| Current assets | 29/58 | €188,452 | €205,280 | +€16,828 | +8.9% |
| Stocks and contracts in progress | 3 | €123,028 | €123,679 | +€651 | +0.5% |
| Stocks | 30/36 | €123,028 | €123,679 | +€651 | +0.5% |
| Amounts receivable within one year | 40/41 | €61,625 | €63,434 | +€1,808 | +2.9% |
| Trade receivables | 40 | €52,098 | €58,788 | +€6,689 | +12.8% |
| Other amounts receivable | 41 | €9,527 | €4,646 | -€4,881 | -51.2% |
| Cash at bank and in hand | 54/58 | €2,809 | €12,038 | +€9,229 | +328.5% |
| Deferred charges and accrued income | 490/1 | €989 | €6,128 | +€5,139 | +519.5% |
| Total equity and liabilities | 10/49 | €283,402 | €278,062 | -€5,339 | -1.9% |
| Equity | 10/15 | €153,858 | €154,283 | +€424 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €147,658 | €148,083 | +€424 | +0.3% |
| 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 | €145,798 | €146,223 | +€424 | +0.3% |
| Amounts payable | 17/49 | €129,543 | €123,780 | -€5,764 | -4.4% |
| Amounts payable after more than one year | 17 | €47,259 | €34,830 | -€12,429 | -26.3% |
| Financial debts | 170/4 | €47,259 | €34,830 | -€12,429 | -26.3% |
| Amounts payable within one year | 42/48 | €82,285 | €88,950 | +€6,665 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €19,030 | €12,429 | -€6,601 | -34.7% |
| Financial debts | 43 | €4,000 | - | -€4,000 | |
| Credit institutions | 430/8 | €4,000 | - | -€4,000 | |
| Trade debts | 44 | €8,248 | €14,228 | +€5,980 | +72.5% |
| Suppliers | 440/4 | €8,248 | €14,228 | +€5,980 | +72.5% |
| Taxes, remuneration and social security | 45 | €11 | €2,366 | +€2,355 | +21029.3% |
| Taxes | 450/3 | €11 | €366 | +€355 | +3172.1% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €50,996 | €59,926 | +€8,931 | +17.5% |
| Non-recurring operating income | 76A | €15,528 | - | -€15,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,689 | €22,167 | +€9,478 | +74.7% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €31,869 | €27,725 | -€4,144 | -13.0% |
| Operating profit (loss) | 9901 | €18,731 | €5,096 | -€13,634 | -72.8% |
| Financial income | 75/76B | €746 | €276 | -€470 | -63.0% |
| Recurring financial income | 75 | €746 | €276 | -€470 | -63.0% |
| Financial charges | 65/66B | €3,487 | €3,593 | +€106 | +3.0% |
| Recurring financial charges | 65 | €3,134 | €3,120 | -€14 | -0.5% |
| Non-recurring financial charges | 66B | €353 | €473 | +€120 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | €15,990 | €1,780 | -€14,210 | -88.9% |
| Income taxes | 67/77 | €3,268 | €1,355 | -€1,913 | -58.5% |
| Profit (loss) for the period | 9904 | €12,721 | €424 | -€12,297 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,721 | €424 | -€12,297 | -96.7% |
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 12 October 2026 via checked.be.