YGO CONSULT: 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.
YGO CONSULT
Largest movements
- Receivables within one year +€39,833
up €39,833 (+279%), from €14,264 to €54,097
of which Other amounts receivable: +€28,133
- Tangible fixed assets -€22,107
down €22,107 (-3.7%), from €597,988 to €575,881
of which Land and buildings: -€23,105
- Cash -€7,815
down €7,815 (-36.0%), from €21,733 to €13,918
mainly Contributions, distributions and other (-€166,981) and Receivables within one year (-€39,833)
- Other debts +€166,981
up €166,981 (+1,670%), from €10,000 to €176,981
- Reserves -€132,035
down €132,035 (-54.2%), from €243,607 to €111,572
of which Distributable reserves: -€132,035
- Debts after one year -€20,380
down €20,380 (-16.1%), from €126,444 to €106,065
- Current portion of long-term debt -€16,556
down €16,556 (-44.8%), from €36,936 to €20,380
- Turnover +€10,250
up €10,250 (+6.0%), from €171,750 to €182,000
- Write-downs +€10,000
new in 2025: €10,000
- Purchases and services +€6,180
up €6,180 (+6.6%), from €93,916 to €100,097
- Taxes -€5,136
down €5,136 (-26.7%), from €19,222 to €14,085
- Gross operating margin -€4,545
down €4,545 (-4.3%), from €105,218 to €100,673
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 | €637,640 | €647,804 | +€10,164 | +1.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €597,988 | €575,881 | -€22,107 | -3.7% |
| Tangible fixed assets | 22/27 | €597,988 | €575,881 | -€22,107 | -3.7% |
| Land and buildings | 22 | €571,711 | €548,606 | -€23,105 | -4.0% |
| Plant, machinery and equipment | 23 | €285 | €217 | -€68 | -23.8% |
| Furniture and vehicles | 24 | €11,736 | €4,308 | -€7,428 | -63.3% |
| Other tangible fixed assets | 26 | €14,257 | €22,751 | +€8,494 | +59.6% |
| Current assets | 29/58 | €39,652 | €71,923 | +€32,271 | +81.4% |
| Amounts receivable within one year | 40/41 | €14,264 | €54,097 | +€39,833 | +279% |
| Trade receivables | 40 | €12,500 | €24,200 | +€11,700 | +93.6% |
| Other amounts receivable | 41 | €1,764 | €29,897 | +€28,133 | +1,595% |
| Cash at bank and in hand | 54/58 | €21,733 | €13,918 | -€7,815 | -36.0% |
| Deferred charges and accrued income | 490/1 | €3,655 | €3,908 | +€253 | +6.9% |
| Total equity and liabilities | 10/49 | €637,640 | €647,804 | +€10,164 | +1.6% |
| Equity | 10/15 | €437,983 | €305,948 | -€132,035 | -30.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €243,607 | €111,572 | -€132,035 | -54.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €241,747 | €109,712 | -€132,035 | -54.6% |
| Profit (loss) carried forward | 14 | €188,176 | €188,176 | = | 0.0% |
| Amounts payable | 17/49 | €199,657 | €341,856 | +€142,199 | +71.2% |
| Amounts payable after more than one year | 17 | €126,444 | €106,065 | -€20,380 | -16.1% |
| Financial debts | 170/4 | €126,444 | €106,065 | -€20,380 | -16.1% |
| Amounts payable within one year | 42/48 | €73,213 | €235,792 | +€162,579 | +222% |
| Current portion of amounts payable after more than one year | 42 | €36,936 | €20,380 | -€16,556 | -44.8% |
| Trade debts | 44 | €1,990 | €7,904 | +€5,914 | +297% |
| Suppliers | 440/4 | €1,990 | €7,904 | +€5,914 | +297% |
| Taxes, remuneration and social security | 45 | €24,287 | €30,526 | +€6,239 | +25.7% |
| Taxes | 450/3 | €24,287 | €29,026 | +€4,739 | +19.5% |
| Remuneration and social security | 454/9 | €0 | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €10,000 | €176,981 | +€166,981 | +1,670% |
| Turnover | 70 | €171,750 | €182,000 | +€10,250 | +6.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €93,916 | €100,097 | +€6,180 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,621 | €31,190 | -€431 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,000 | +€10,000 | |
| Other operating charges | 640/8 | €4,575 | €4,048 | -€527 | -11.5% |
| Gross operating margin | 9900 | €105,218 | €100,673 | -€4,545 | -4.3% |
| Operating profit (loss) | 9901 | €69,023 | €55,436 | -€13,587 | -19.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,415 | €6,405 | -€1,011 | -13.6% |
| Recurring financial charges | 65 | €7,415 | €6,405 | -€1,011 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €61,607 | €49,031 | -€12,576 | -20.4% |
| Income taxes | 67/77 | €19,222 | €14,085 | -€5,136 | -26.7% |
| Profit (loss) for the period | 9904 | €42,386 | €34,946 | -€7,440 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,386 | €34,946 | -€7,440 | -17.6% |
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 27 October 2026 via checked.be.