YEY: 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.
YEY
Largest movements
- Intangible fixed assets -€56,273
no longer reported in 2025 (was €56,273)
- Tangible fixed assets -€43,486
down €43,486 (-67.0%), from €64,887 to €21,401
of which Other tangible fixed assets: -€31,585
- Deferred charges and accrued income -€11,076
down €11,076 (-99.2%), from €11,168 to €92
- Receivables within one year -€4,884
down €4,884 (-46.6%), from €10,477 to €5,594
of which Trade receivables: -€2,675
- Profit (loss) carried forward -€180,159
down €180,159 (-43.8%), from -€411,273 to -€591,431
- Other debts +€60,127
up €60,127 (+11.1%), from €539,423 to €599,550
- Trade debts +€2,613
up €2,613 (+190%), from €1,375 to €3,988
- Gross operating margin +€102,808
up €102,808 (+55.9%), from -€184,009 to -€81,200
- Depreciation -€4,429
down €4,429 (-9.6%), from €46,234 to €41,805
- Other operating charges +€3,998
up €3,998 (+651%), from €614 to €4,611
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 | €149,540 | €32,976 | -€116,564 | -77.9% |
| Fixed assets | 21/28 | €121,160 | €21,401 | -€99,759 | -82.3% |
| Intangible fixed assets | 21 | €56,273 | - | -€56,273 | |
| Tangible fixed assets | 22/27 | €64,887 | €21,401 | -€43,486 | -67.0% |
| Plant, machinery and equipment | 23 | €11,660 | €5,828 | -€5,833 | -50.0% |
| Furniture and vehicles | 24 | €19,882 | €13,813 | -€6,069 | -30.5% |
| Other tangible fixed assets | 26 | €33,345 | €1,760 | -€31,585 | -94.7% |
| Current assets | 29/58 | €28,380 | €11,575 | -€16,804 | -59.2% |
| Stocks and contracts in progress | 3 | €6,289 | €5,627 | -€662 | -10.5% |
| Stocks | 30/36 | €6,289 | €5,627 | -€662 | -10.5% |
| Amounts receivable within one year | 40/41 | €10,477 | €5,594 | -€4,884 | -46.6% |
| Trade receivables | 40 | €7,893 | €5,218 | -€2,675 | -33.9% |
| Other amounts receivable | 41 | €2,584 | €376 | -€2,209 | -85.5% |
| Cash at bank and in hand | 54/58 | €445 | €262 | -€183 | -41.1% |
| Deferred charges and accrued income | 490/1 | €11,168 | €92 | -€11,076 | -99.2% |
| Total equity and liabilities | 10/49 | €149,540 | €32,976 | -€116,564 | -77.9% |
| Equity | 10/15 | -€391,273 | -€571,431 | -€180,159 | -46.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€411,273 | -€591,431 | -€180,159 | -43.8% |
| Amounts payable | 17/49 | €540,812 | €604,408 | +€63,595 | +11.8% |
| Amounts payable within one year | 42/48 | €540,812 | €604,408 | +€63,595 | +11.8% |
| Trade debts | 44 | €1,375 | €3,988 | +€2,613 | +190% |
| Suppliers | 440/4 | €1,375 | €3,988 | +€2,613 | +190% |
| Taxes, remuneration and social security | 45 | €15 | €870 | +€855 | +5,721% |
| Taxes | 450/3 | €15 | €870 | +€855 | +5,721% |
| Other amounts payable | 47/48 | €539,423 | €599,550 | +€60,127 | +11.1% |
| Remuneration, social security and pensions | 62 | €522 | - | -€522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,234 | €41,805 | -€4,429 | -9.6% |
| Other operating charges | 640/8 | €614 | €4,611 | +€3,998 | +651% |
| Non-recurring operating charges | 66A | - | €52,372 | +€52,372 | |
| Gross operating margin | 9900 | -€184,009 | -€81,200 | +€102,808 | +55.9% |
| Operating profit (loss) | 9901 | -€231,378 | -€179,989 | +€51,389 | +22.2% |
| Financial income | 75/76B | €26 | €0 | -€26 | -99.9% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -99.9% |
| Financial charges | 65/66B | €109 | €169 | +€60 | +55.0% |
| Recurring financial charges | 65 | €109 | €169 | +€60 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | -€231,462 | -€180,159 | +€51,303 | +22.2% |
| Profit (loss) for the period | 9904 | -€231,462 | -€180,159 | +€51,303 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€231,462 | -€180,159 | +€51,303 | +22.2% |
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 14 October 2026 via checked.be.