YGREC: 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.
YGREC
Largest movements
- Cash +€19,452
up €19,452 (+71.3%), from €27,265 to €46,717
mainly Depreciation (+€11,096) and Receivables within one year (+€8,428)
- Tangible fixed assets -€10,048
down €10,048 (-23.2%), from €43,404 to €33,356
of which Leasing and similar rights: -€7,368
- Receivables within one year -€8,428
down €8,428 (-37.0%), from €22,791 to €14,363
of which Trade receivables: -€8,778
- Deferred charges and accrued income +€1,604
up €1,604 (+115.5%), from €1,389 to €2,993
- Debts after one year -€6,076
down €6,076 (-23.3%), from €26,098 to €20,023
- Other debts +€5,293
new in 2024: €5,293
- Profit (loss) carried forward +€4,509
up €4,509 (+13.2%), from €34,122 to €38,631
- Gross operating margin +€19,051
up €19,051 (+825.8%), from €2,307 to €21,358
- Depreciation +€3,294
up €3,294 (+42.2%), from €7,802 to €11,096
- Taxes +€2,079
up €2,079, from -€566 to €1,514
- Financial charges +€2,073
up €2,073 (+324.1%), from €640 to €2,712
- Financial income -€1,367
down €1,367 (-99.2%), from €1,378 to €11
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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,850 | €97,429 | +€2,579 | +2.7% |
| Fixed assets | 21/28 | €43,404 | €33,356 | -€10,048 | -23.2% |
| Tangible fixed assets | 22/27 | €43,404 | €33,356 | -€10,048 | -23.2% |
| Furniture and vehicles | 24 | €7,678 | €5,138 | -€2,540 | -33.1% |
| Leasing and similar rights | 25 | €35,024 | €27,656 | -€7,368 | -21.0% |
| Other tangible fixed assets | 26 | €702 | €561 | -€140 | -20.0% |
| Current assets | 29/58 | €51,446 | €64,073 | +€12,627 | +24.5% |
| Amounts receivable within one year | 40/41 | €22,791 | €14,363 | -€8,428 | -37.0% |
| Trade receivables | 40 | €22,791 | €14,013 | -€8,778 | -38.5% |
| Other amounts receivable | 41 | - | €350 | +€350 | |
| Cash at bank and in hand | 54/58 | €27,265 | €46,717 | +€19,452 | +71.3% |
| Deferred charges and accrued income | 490/1 | €1,389 | €2,993 | +€1,604 | +115.5% |
| Total equity and liabilities | 10/49 | €94,850 | €97,429 | +€2,579 | +2.7% |
| Equity | 10/15 | €54,724 | €59,234 | +€4,509 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,002 | €2,002 | = | 0.0% |
| Tax-exempt reserves | 132 | €142 | €142 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,122 | €38,631 | +€4,509 | +13.2% |
| Amounts payable | 17/49 | €40,126 | €38,195 | -€1,930 | -4.8% |
| Amounts payable after more than one year | 17 | €26,098 | €20,023 | -€6,076 | -23.3% |
| Financial debts | 170/4 | €26,098 | €20,023 | -€6,076 | -23.3% |
| Amounts payable within one year | 42/48 | €14,027 | €18,173 | +€4,146 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €7,001 | €6,086 | -€916 | -13.1% |
| Trade debts | 44 | €1,729 | €1,358 | -€372 | -21.5% |
| Suppliers | 440/4 | €1,729 | €1,358 | -€372 | -21.5% |
| Taxes, remuneration and social security | 45 | €5,297 | €5,436 | +€140 | +2.6% |
| Taxes | 450/3 | €5,297 | €5,436 | +€140 | +2.6% |
| Other amounts payable | 47/48 | - | €5,293 | +€5,293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,802 | €11,096 | +€3,294 | +42.2% |
| Other operating charges | 640/8 | €2,396 | €1,538 | -€858 | -35.8% |
| Gross operating margin | 9900 | €2,307 | €21,358 | +€19,051 | +825.8% |
| Operating profit (loss) | 9901 | -€7,891 | €8,724 | +€16,615 | |
| Financial income | 75/76B | €1,378 | €11 | -€1,367 | -99.2% |
| Recurring financial income | 75 | €1,378 | €11 | -€1,367 | -99.2% |
| Financial charges | 65/66B | €640 | €2,712 | +€2,073 | +324.1% |
| Recurring financial charges | 65 | €640 | €2,712 | +€2,073 | +324.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,153 | €6,023 | +€13,176 | |
| Income taxes | 67/77 | -€566 | €1,514 | +€2,079 | |
| Profit (loss) for the period | 9904 | -€6,587 | €4,509 | +€11,096 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,587 | €4,509 | +€11,096 |
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 11 October 2026 via checked.be.