YES BELGIUM LTD: 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 BELGIUM LTD
Largest movements
- Cash -€74,340
down €74,340 (-87.9%), from €84,565 to €10,225
mainly Net result for the year (-€137,941) and Tax, wage and social debts (-€12,860)
- Current investments -€57,519
down €57,519 (-94.9%), from €60,640 to €3,122
- Deferred charges and accrued income -€17,918
down €17,918 (-16.9%), from €106,215 to €88,297
- Receivables within one year -€9,341
down €9,341 (-12.0%), from €77,612 to €68,271
of which Trade receivables: -€43,832
- Tangible fixed assets -€4,785
down €4,785 (-14.3%), from €33,408 to €28,622
of which Furniture and vehicles: -€7,091
- Profit (loss) carried forward -€137,941
down €137,941 (-755%), from -€18,280 to -€156,221
- Tax, wage and social debts -€12,860
down €12,860 (-40.1%), from €32,107 to €19,247
- Trade debts -€12,451
down €12,451 (-63.3%), from €19,676 to €7,225
- Financial charges +€99,736
up €99,736 (+183%), from €54,560 to €154,296
- Gross operating margin -€16,478
down €16,478 (-39.7%), from €41,502 to €25,024
- Taxes -€10,258
down €10,258 (-98.4%), from €10,422 to €163
- Depreciation +€3,509
up €3,509 (+44.6%), from €7,867 to €11,376
- Financial income +€1,337
up €1,337 (+62.6%), from €2,137 to €3,475
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 | €362,440 | €198,538 | -€163,902 | -45.2% |
| Fixed assets | 21/28 | €33,408 | €28,622 | -€4,785 | -14.3% |
| Tangible fixed assets | 22/27 | €33,408 | €28,622 | -€4,785 | -14.3% |
| Plant, machinery and equipment | 23 | €10,865 | €13,170 | +€2,305 | +21.2% |
| Furniture and vehicles | 24 | €22,543 | €15,452 | -€7,091 | -31.5% |
| Current assets | 29/58 | €329,032 | €169,915 | -€159,117 | -48.4% |
| Amounts receivable within one year | 40/41 | €77,612 | €68,271 | -€9,341 | -12.0% |
| Trade receivables | 40 | €54,434 | €10,603 | -€43,832 | -80.5% |
| Other amounts receivable | 41 | €23,178 | €57,669 | +€34,491 | +149% |
| Current investments | 50/53 | €60,640 | €3,122 | -€57,519 | -94.9% |
| Cash at bank and in hand | 54/58 | €84,565 | €10,225 | -€74,340 | -87.9% |
| Deferred charges and accrued income | 490/1 | €106,215 | €88,297 | -€17,918 | -16.9% |
| Total equity and liabilities | 10/49 | €362,440 | €198,538 | -€163,902 | -45.2% |
| Equity | 10/15 | €305,107 | €167,166 | -€137,941 | -45.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €321,386 | €321,386 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €321,186 | €321,186 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,280 | -€156,221 | -€137,941 | -755% |
| Provisions and deferred taxes | 16 | €4,900 | €4,900 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €4,900 | €4,900 | = | 0.0% |
| Environmental obligations | 163 | €4,900 | €4,900 | = | 0.0% |
| Amounts payable | 17/49 | €52,433 | €26,472 | -€25,961 | -49.5% |
| Amounts payable within one year | 42/48 | €51,783 | €26,472 | -€25,311 | -48.9% |
| Trade debts | 44 | €19,676 | €7,225 | -€12,451 | -63.3% |
| Suppliers | 440/4 | €19,676 | €7,225 | -€12,451 | -63.3% |
| Taxes, remuneration and social security | 45 | €32,107 | €19,247 | -€12,860 | -40.1% |
| Taxes | 450/3 | €32,107 | €19,247 | -€12,860 | -40.1% |
| Accrued charges and deferred income | 492/3 | €650 | - | -€650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,867 | €11,376 | +€3,509 | +44.6% |
| Other operating charges | 640/8 | €925 | €605 | -€321 | -34.6% |
| Gross operating margin | 9900 | €41,502 | €25,024 | -€16,478 | -39.7% |
| Operating profit (loss) | 9901 | €32,710 | €13,043 | -€19,666 | -60.1% |
| Financial income | 75/76B | €2,137 | €3,475 | +€1,337 | +62.6% |
| Recurring financial income | 75 | €2,137 | €3,475 | +€1,337 | +62.6% |
| Financial charges | 65/66B | €54,560 | €154,296 | +€99,736 | +183% |
| Recurring financial charges | 65 | €54,560 | €154,296 | +€99,736 | +183% |
| Profit (loss) for the period before taxes | 9903 | -€19,713 | -€137,778 | -€118,064 | -599% |
| Income taxes | 67/77 | €10,422 | €163 | -€10,258 | -98.4% |
| Profit (loss) for the period | 9904 | -€30,135 | -€137,941 | -€107,806 | -358% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,135 | -€137,941 | -€107,806 | -358% |
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 31 October 2026 via checked.be.