YGQ Solutions: 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.
YGQ Solutions
Largest movements
- Deferred charges and accrued income +€17,183
new in 2024: €17,183
- Receivables within one year +€15,564
up €15,564 (+22.3%), from €69,744 to €85,308
of which Other amounts receivable: +€14,633
- Trade debts +€14,695
up €14,695 (+922%), from €1,594 to €16,290
- Short-term financial debts +€10,275
up €10,275 (+131%), from €7,849 to €18,124
- Current portion of long-term debt +€8,355
new in 2024: €8,355
- Debts after one year +€2,939
new in 2024: €2,939
- Tax, wage and social debts -€2,643
down €2,643 (-20.6%), from €12,808 to €10,165
- Gross operating margin -€10,852
down €10,852 (-59.2%), from €18,342 to €7,490
- Taxes -€2,324
down €2,324 (-56.4%), from €4,117 to €1,793
- Financial charges +€1,870
up €1,870 (+51.9%), from €3,604 to €5,475
- Depreciation +€581
new in 2024: €581
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,049 | €104,735 | +€33,687 | +47.4% |
| Fixed assets | 21/28 | €1,305 | €2,245 | +€940 | +72.0% |
| Tangible fixed assets | 22/27 | €1,305 | €2,245 | +€940 | +72.0% |
| Land and buildings | 22 | €913 | €645 | -€268 | -29.4% |
| Plant, machinery and equipment | 23 | - | €1,406 | +€1,406 | |
| Furniture and vehicles | 24 | €392 | €193 | -€198 | -50.6% |
| Current assets | 29/58 | €69,744 | €102,491 | +€32,747 | +47.0% |
| Amounts receivable within one year | 40/41 | €69,744 | €85,308 | +€15,564 | +22.3% |
| Trade receivables | 40 | €27,225 | €28,156 | +€931 | +3.4% |
| Other amounts receivable | 41 | €42,519 | €57,152 | +€14,633 | +34.4% |
| Deferred charges and accrued income | 490/1 | - | €17,183 | +€17,183 | |
| Total equity and liabilities | 10/49 | €71,049 | €104,735 | +€33,687 | +47.4% |
| Equity | 10/15 | €48,798 | €47,626 | -€1,171 | -2.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €45,798 | €44,626 | -€1,171 | -2.6% |
| Distributable reserves | 133 | €45,798 | €44,626 | -€1,171 | -2.6% |
| Amounts payable | 17/49 | €22,251 | €57,109 | +€34,858 | +157% |
| Amounts payable after more than one year | 17 | - | €2,939 | +€2,939 | |
| Financial debts | 170/4 | - | €2,939 | +€2,939 | |
| Amounts payable within one year | 42/48 | €22,251 | €52,934 | +€30,683 | +138% |
| Current portion of amounts payable after more than one year | 42 | - | €8,355 | +€8,355 | |
| Financial debts | 43 | €7,849 | €18,124 | +€10,275 | +131% |
| Credit institutions | 430/8 | €7,849 | €18,124 | +€10,275 | +131% |
| Trade debts | 44 | €1,594 | €16,290 | +€14,695 | +922% |
| Suppliers | 440/4 | €1,594 | €16,290 | +€14,695 | +922% |
| Taxes, remuneration and social security | 45 | €12,808 | €10,165 | -€2,643 | -20.6% |
| Taxes | 450/3 | €12,808 | €10,165 | -€2,643 | -20.6% |
| Accrued charges and deferred income | 492/3 | - | €1,236 | +€1,236 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €581 | +€581 | |
| Other operating charges | 640/8 | €776 | €870 | +€94 | +12.1% |
| Non-recurring operating charges | 66A | €2,393 | - | -€2,393 | |
| Gross operating margin | 9900 | €18,342 | €7,490 | -€10,852 | -59.2% |
| Operating profit (loss) | 9901 | €15,173 | €6,039 | -€9,134 | -60.2% |
| Financial income | 75/76B | €17 | €58 | +€41 | +245% |
| Recurring financial income | 75 | €17 | €58 | +€41 | +245% |
| Financial charges | 65/66B | €3,604 | €5,475 | +€1,870 | +51.9% |
| Recurring financial charges | 65 | €3,604 | €5,475 | +€1,870 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | €11,585 | €622 | -€10,964 | -94.6% |
| Income taxes | 67/77 | €4,117 | €1,793 | -€2,324 | -56.4% |
| Profit (loss) for the period | 9904 | €7,468 | -€1,171 | -€8,640 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,468 | -€1,171 | -€8,640 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.