YGREK: 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.
YGREK
Largest movements
- Receivables after one year -€11,750
down €11,750 (-24.5%), from €48,000 to €36,250
- Deferred charges and accrued income +€6,446
up €6,446 (+1,896%), from €340 to €6,786
- Current investments +€3,583
up €3,583 (+1.4%), from €264,667 to €268,250
- Short-term financial debts +€57,530
up €57,530 (+222%), from €25,894 to €83,424
- Profit (loss) carried forward -€48,176
down €48,176 (-27.9%), from -€172,900 to -€221,076
- Trade debts -€10,931
down €10,931 (-57.4%), from €19,057 to €8,126
- Gross operating margin -€29,765
down €29,765 (-175%), from -€16,969 to -€46,733
- Other operating charges -€6,040
down €6,040 (-78.0%), from €7,742 to €1,702
- Financial income -€635
down €635 (-8.7%), from €7,335 to €6,700
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 | €324,341 | €324,581 | +€240 | +0.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €324,341 | €324,581 | +€240 | +0.1% |
| Amounts receivable after more than one year | 29 | €48,000 | €36,250 | -€11,750 | -24.5% |
| Other amounts receivable | 291 | €48,000 | €36,250 | -€11,750 | -24.5% |
| Stocks and contracts in progress | 3 | - | €1,746 | +€1,746 | |
| Stocks | 30/36 | - | €1,746 | +€1,746 | |
| Amounts receivable within one year | 40/41 | €9,656 | €9,401 | -€255 | -2.6% |
| Trade receivables | 40 | €8,380 | €6,776 | -€1,604 | -19.1% |
| Other amounts receivable | 41 | €1,277 | €2,625 | +€1,349 | +106% |
| Current investments | 50/53 | €264,667 | €268,250 | +€3,583 | +1.4% |
| Cash at bank and in hand | 54/58 | €1,678 | €2,148 | +€470 | +28.0% |
| Deferred charges and accrued income | 490/1 | €340 | €6,786 | +€6,446 | +1,896% |
| Total equity and liabilities | 10/49 | €324,341 | €324,581 | +€240 | +0.1% |
| Equity | 10/15 | €272,100 | €223,924 | -€48,176 | -17.7% |
| Contributions | 10/11 | €445,000 | €445,000 | = | 0.0% |
| Capital | 10 | €445,000 | €445,000 | = | 0.0% |
| Issued capital | 100 | €445,000 | €445,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,900 | -€221,076 | -€48,176 | -27.9% |
| Amounts payable | 17/49 | €52,242 | €100,657 | +€48,416 | +92.7% |
| Amounts payable within one year | 42/48 | €52,242 | €99,322 | +€47,081 | +90.1% |
| Financial debts | 43 | €25,894 | €83,424 | +€57,530 | +222% |
| Credit institutions | 430/8 | €25,894 | €83,424 | +€57,530 | +222% |
| Trade debts | 44 | €19,057 | €8,126 | -€10,931 | -57.4% |
| Suppliers | 440/4 | €19,057 | €8,126 | -€10,931 | -57.4% |
| Taxes, remuneration and social security | 45 | €1,643 | €780 | -€863 | -52.5% |
| Taxes | 450/3 | €1,643 | €780 | -€863 | -52.5% |
| Other amounts payable | 47/48 | €5,648 | €6,993 | +€1,345 | +23.8% |
| Accrued charges and deferred income | 492/3 | €0 | €1,335 | +€1,335 | |
| Remuneration, social security and pensions | 62 | €18 | €0 | -€18 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €7,742 | €1,702 | -€6,040 | -78.0% |
| Gross operating margin | 9900 | -€16,969 | -€46,733 | -€29,765 | -175% |
| Operating profit (loss) | 9901 | -€24,729 | -€48,435 | -€23,706 | -95.9% |
| Financial income | 75/76B | €7,335 | €6,700 | -€635 | -8.7% |
| Recurring financial income | 75 | €7,335 | €6,700 | -€635 | -8.7% |
| Financial charges | 65/66B | €5,757 | €5,556 | -€201 | -3.5% |
| Recurring financial charges | 65 | €5,757 | €5,556 | -€201 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,151 | -€47,291 | -€24,140 | -104% |
| Income taxes | 67/77 | €583 | €885 | +€301 | +51.6% |
| Profit (loss) for the period | 9904 | -€23,734 | -€48,176 | -€24,442 | -103% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,734 | -€48,176 | -€24,442 | -103% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.