YES@Baldas: 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.
YES@Baldas
Largest movements
- Tangible fixed assets +€9,419
up €9,419 (+1,074%), from €877 to €10,295
of which Plant, machinery and equipment: +€5,374
- Receivables within one year +€6,289
up €6,289 (+102%), from €6,192 to €12,481
of which Trade receivables: +€7,495
- Cash -€2,588
down €2,588 (-99.9%), from €2,591 to €3
mainly Investment in fixed assets (net) (-€12,236) and Other debts (-€6,462)
- Profit (loss) carried forward +€15,109
up €15,109 (+62.0%), from -€24,364 to -€9,255
- Other debts -€6,462
no longer reported in 2025 (was €6,462)
- Trade debts +€4,473
up €4,473 (+49.9%), from €8,961 to €13,435
- Gross operating margin +€10,548
up €10,548 (+118%), from €8,910 to €19,459
- Depreciation +€2,702
up €2,702 (+2,349%), from €115 to €2,817
- Other operating charges -€1,256
down €1,256 (-47.5%), from €2,645 to €1,389
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 | €9,660 | €22,779 | +€13,120 | +136% |
| Fixed assets | 21/28 | €877 | €10,295 | +€9,419 | +1,074% |
| Tangible fixed assets | 22/27 | €877 | €10,295 | +€9,419 | +1,074% |
| Plant, machinery and equipment | 23 | €877 | €6,251 | +€5,374 | +613% |
| Furniture and vehicles | 24 | - | €4,044 | +€4,044 | |
| Current assets | 29/58 | €8,783 | €12,484 | +€3,701 | +42.1% |
| Amounts receivable within one year | 40/41 | €6,192 | €12,481 | +€6,289 | +102% |
| Trade receivables | 40 | €4,106 | €11,601 | +€7,495 | +183% |
| Other amounts receivable | 41 | €2,086 | €880 | -€1,206 | -57.8% |
| Cash at bank and in hand | 54/58 | €2,591 | €3 | -€2,588 | -99.9% |
| Total equity and liabilities | 10/49 | €9,660 | €22,779 | +€13,120 | +136% |
| Equity | 10/15 | -€5,764 | €9,345 | +€15,109 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,364 | -€9,255 | +€15,109 | +62.0% |
| Amounts payable | 17/49 | €15,424 | €13,435 | -€1,989 | -12.9% |
| Amounts payable within one year | 42/48 | €15,424 | €13,435 | -€1,989 | -12.9% |
| Trade debts | 44 | €8,961 | €13,435 | +€4,473 | +49.9% |
| Suppliers | 440/4 | €8,961 | €13,435 | +€4,473 | +49.9% |
| Other amounts payable | 47/48 | €6,462 | - | -€6,462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115 | €2,817 | +€2,702 | +2,349% |
| Other operating charges | 640/8 | €2,645 | €1,389 | -€1,256 | -47.5% |
| Gross operating margin | 9900 | €8,910 | €19,459 | +€10,548 | +118% |
| Operating profit (loss) | 9901 | €6,150 | €15,252 | +€9,102 | +148% |
| Financial charges | 65/66B | €285 | €143 | -€142 | -49.8% |
| Recurring financial charges | 65 | €285 | €143 | -€142 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €5,865 | €15,109 | +€9,244 | +158% |
| Profit (loss) for the period | 9904 | €5,865 | €15,109 | +€9,244 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €5,865 | €15,109 | +€9,244 | +158% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.