YESILBAG: 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.
YESILBAG
Largest movements
- Deferred charges and accrued income +€78,110
new in 2025: €78,110
- Receivables within one year -€39,108
down €39,108 (-59.7%), from €65,468 to €26,360
of which Trade receivables: -€39,108
- Cash -€23,872
down €23,872 (-45.0%), from €53,107 to €29,235
mainly Deferred charges and accrued income (-€78,110) and Trade debts (-€14,850)
- Stocks and contracts -€4,793
down €4,793 (-13.9%), from €34,577 to €29,784
- Tangible fixed assets -€2,872
down €2,872 (-35.6%), from €8,059 to €5,187
- Profit (loss) carried forward +€26,631
up €26,631 (+62.5%), from €42,583 to €69,214
- Trade debts -€14,850
no longer reported in 2025 (was €14,850)
- Tax, wage and social debts -€4,316
down €4,316 (-18.1%), from €23,848 to €19,532
of which Remuneration and social security: -€4,923
- Staff costs -€24,235
down €24,235 (-40.8%), from €59,407 to €35,172
- Gross operating margin -€6,342
down €6,342 (-8.4%), from €75,935 to €69,592
- Taxes +€4,004
new in 2025: €4,004
- Depreciation +€1,436
up €1,436 (+100.0%), from €1,436 to €2,872
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 | €166,543 | €174,007 | +€7,465 | +4.5% |
| Fixed assets | 21/28 | €13,391 | €10,519 | -€2,872 | -21.4% |
| Tangible fixed assets | 22/27 | €8,059 | €5,187 | -€2,872 | -35.6% |
| Other tangible fixed assets | 26 | €8,059 | €5,187 | -€2,872 | -35.6% |
| Financial fixed assets | 28 | €5,332 | €5,332 | = | 0.0% |
| Current assets | 29/58 | €153,152 | €163,488 | +€10,337 | +6.7% |
| Stocks and contracts in progress | 3 | €34,577 | €29,784 | -€4,793 | -13.9% |
| Stocks | 30/36 | €34,577 | €29,784 | -€4,793 | -13.9% |
| Amounts receivable within one year | 40/41 | €65,468 | €26,360 | -€39,108 | -59.7% |
| Trade receivables | 40 | €39,108 | - | -€39,108 | |
| Other amounts receivable | 41 | €26,360 | €26,360 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53,107 | €29,235 | -€23,872 | -45.0% |
| Deferred charges and accrued income | 490/1 | - | €78,110 | +€78,110 | |
| Total equity and liabilities | 10/49 | €166,543 | €174,007 | +€7,465 | +4.5% |
| Equity | 10/15 | €122,845 | €149,475 | +€26,631 | +21.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €40,262 | €40,262 | = | 0.0% |
| Distributable reserves | 133 | €40,262 | €40,262 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,583 | €69,214 | +€26,631 | +62.5% |
| Amounts payable | 17/49 | €43,698 | €24,532 | -€19,166 | -43.9% |
| Amounts payable within one year | 42/48 | €43,698 | €24,532 | -€19,166 | -43.9% |
| Financial debts | 43 | €5,000 | €5,000 | = | 0.0% |
| Credit institutions | 430/8 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €14,850 | - | -€14,850 | |
| Suppliers | 440/4 | €14,850 | - | -€14,850 | |
| Taxes, remuneration and social security | 45 | €23,848 | €19,532 | -€4,316 | -18.1% |
| Taxes | 450/3 | €18,925 | €19,532 | +€607 | +3.2% |
| Remuneration and social security | 454/9 | €4,923 | - | -€4,923 | |
| Remuneration, social security and pensions | 62 | €59,407 | €35,172 | -€24,235 | -40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,436 | €2,872 | +€1,436 | +100.0% |
| Other operating charges | 640/8 | €597 | €869 | +€272 | +45.5% |
| Gross operating margin | 9900 | €75,935 | €69,592 | -€6,342 | -8.4% |
| Operating profit (loss) | 9901 | €14,494 | €30,679 | +€16,185 | +111.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | - | €44 | +€44 | |
| Recurring financial charges | 65 | - | €44 | +€44 | |
| Profit (loss) for the period before taxes | 9903 | €14,495 | €30,635 | +€16,140 | +111.3% |
| Income taxes | 67/77 | - | €4,004 | +€4,004 | |
| Profit (loss) for the period | 9904 | €14,495 | €26,631 | +€12,136 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,495 | €26,631 | +€12,136 | +83.7% |
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.