YESYES: 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.
YESYES
Largest movements
- Cash -€106,849
down €106,849 (-51.2%), from €208,636 to €101,788
mainly Contributions, distributions and other (-€142,098) and Investment in fixed assets (net) (-€24,516)
- Tangible fixed assets +€17,799
up €17,799 (+250.4%), from €7,109 to €24,907
of which Furniture and vehicles: +€17,089
- Receivables within one year +€12,712
up €12,712 (+61.8%), from €20,560 to €33,272
of which Trade receivables: +€8,553
- Reserves -€73,630
down €73,630 (-33.2%), from €221,495 to €147,865
- Gross operating margin +€32,421
up €32,421 (+42.1%), from €77,091 to €109,512
- Taxes +€10,767
up €10,767 (+47.1%), from €22,856 to €33,623
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 | €236,628 | €161,733 | -€74,895 | -31.7% |
| Fixed assets | 21/28 | €7,109 | €25,707 | +€18,599 | +261.6% |
| Tangible fixed assets | 22/27 | €7,109 | €24,907 | +€17,799 | +250.4% |
| Plant, machinery and equipment | 23 | €5,783 | €6,493 | +€710 | +12.3% |
| Furniture and vehicles | 24 | €1,326 | €18,415 | +€17,089 | +1288.7% |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €229,519 | €136,025 | -€93,494 | -40.7% |
| Amounts receivable within one year | 40/41 | €20,560 | €33,272 | +€12,712 | +61.8% |
| Trade receivables | 40 | €11,001 | €19,554 | +€8,553 | +77.8% |
| Other amounts receivable | 41 | €9,559 | €13,718 | +€4,159 | +43.5% |
| Cash at bank and in hand | 54/58 | €208,636 | €101,788 | -€106,849 | -51.2% |
| Deferred charges and accrued income | 490/1 | €323 | €966 | +€643 | +198.8% |
| Total equity and liabilities | 10/49 | €236,628 | €161,733 | -€74,895 | -31.7% |
| Equity | 10/15 | €233,895 | €160,265 | -€73,630 | -31.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €221,495 | €147,865 | -€73,630 | -33.2% |
| Distributable reserves | 133 | €221,495 | €147,865 | -€73,630 | -33.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,732 | €1,467 | -€1,265 | -46.3% |
| Amounts payable within one year | 42/48 | €2,732 | €1,467 | -€1,265 | -46.3% |
| Financial debts | 43 | €497 | €248 | -€249 | -50.1% |
| Credit institutions | 430/8 | €497 | €248 | -€249 | -50.1% |
| Trade debts | 44 | €1,805 | €1,179 | -€626 | -34.7% |
| Suppliers | 440/4 | €1,805 | €1,179 | -€626 | -34.7% |
| Taxes, remuneration and social security | 45 | €430 | €40 | -€390 | -90.7% |
| Taxes | 450/3 | €430 | €40 | -€390 | -90.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €5,449 | €0 | -€5,449 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,844 | €5,918 | -€926 | -13.5% |
| Other operating charges | 640/8 | €1,030 | €838 | -€192 | -18.7% |
| Non-recurring operating charges | 66A | €800 | €0 | -€800 | -100.0% |
| Gross operating margin | 9900 | €77,091 | €109,512 | +€32,421 | +42.1% |
| Operating profit (loss) | 9901 | €68,418 | €102,757 | +€34,339 | +50.2% |
| Financial income | 75/76B | €1 | €11 | +€10 | +645.0% |
| Recurring financial income | 75 | €1 | €11 | +€10 | +645.0% |
| Financial charges | 65/66B | €82 | €677 | +€596 | +729.1% |
| Recurring financial charges | 65 | €82 | €677 | +€596 | +729.1% |
| Profit (loss) for the period before taxes | 9903 | €68,338 | €102,091 | +€33,753 | +49.4% |
| Income taxes | 67/77 | €22,856 | €33,623 | +€10,767 | +47.1% |
| Profit (loss) for the period | 9904 | €45,482 | €68,468 | +€22,986 | +50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,482 | €68,468 | +€22,986 | +50.5% |
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.