YH ENGINEERING: what changed
Two fiscal 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.
YH ENGINEERING
Largest movements
- Cash -€49,045
down €49,045 (-62.8%), from €78,120 to €29,075
mainly Other debts (-€55,000) and Receivables within one year (-€34,677)
- Receivables within one year +€34,677
up €34,677 (+673.3%), from €5,150 to €39,827
of which Trade receivables: +€36,410
- Tangible fixed assets -€6,227
down €6,227 (-41.1%), from €15,135 to €8,908
of which Furniture and vehicles: -€6,447
- Other debts -€55,000
no longer reported in 2025 (was €55,000)
- Profit (loss) carried forward +€21,632
up €21,632 (+64.1%), from €33,722 to €55,354
- Tax, wage and social debts +€12,707
up €12,707 (+569.2%), from €2,232 to €14,939
- Gross operating margin -€42,024
down €42,024 (-52.5%), from €80,040 to €38,016
- Purchases and services +€36,985
up €36,985 (+28.9%), from €127,761 to €164,746
- Turnover -€7,993
down €7,993 (-3.8%), from €207,801 to €199,808
- Taxes +€2,283
up €2,283 (+62.5%), from €3,650 to €5,933
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.
Cash bridge derived
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 | €98,406 | €77,810 | -€20,596 | -20.9% |
| Fixed assets | 21/28 | €15,135 | €8,908 | -€6,227 | -41.1% |
| Tangible fixed assets | 22/27 | €15,135 | €8,908 | -€6,227 | -41.1% |
| Plant, machinery and equipment | 23 | €2,242 | €2,462 | +€220 | +9.8% |
| Furniture and vehicles | 24 | €12,893 | €6,446 | -€6,447 | -50.0% |
| Current assets | 29/58 | €83,271 | €68,902 | -€14,369 | -17.3% |
| Amounts receivable within one year | 40/41 | €5,150 | €39,827 | +€34,677 | +673.3% |
| Trade receivables | 40 | €462 | €36,872 | +€36,410 | +7881.0% |
| Other amounts receivable | 41 | €4,688 | €2,955 | -€1,733 | -37.0% |
| Cash at bank and in hand | 54/58 | €78,120 | €29,075 | -€49,045 | -62.8% |
| Total equity and liabilities | 10/49 | €98,406 | €77,810 | -€20,596 | -20.9% |
| Equity | 10/15 | €38,722 | €60,354 | +€21,632 | +55.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,722 | €55,354 | +€21,632 | +64.1% |
| Amounts payable | 17/49 | €59,684 | €17,456 | -€42,228 | -70.8% |
| Amounts payable within one year | 42/48 | €59,684 | €17,456 | -€42,228 | -70.8% |
| Trade debts | 44 | €2,452 | €2,517 | +€65 | +2.7% |
| Suppliers | 440/4 | €2,452 | €2,517 | +€65 | +2.7% |
| Taxes, remuneration and social security | 45 | €2,232 | €14,939 | +€12,707 | +569.2% |
| Taxes | 450/3 | €2,232 | €14,939 | +€12,707 | +569.2% |
| Other amounts payable | 47/48 | €55,000 | - | -€55,000 | |
| Turnover | 70 | €207,801 | €199,808 | -€7,993 | -3.8% |
| Non-recurring operating income | 76A | - | €2,955 | +€2,955 | |
| Goods, raw materials, services and sundry goods | 60/61 | €127,761 | €164,746 | +€36,985 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,003 | €9,780 | +€1,777 | +22.2% |
| Other operating charges | 640/8 | €1,051 | €295 | -€756 | -71.9% |
| Non-recurring operating charges | 66A | €189 | €127 | -€62 | -32.9% |
| Gross operating margin | 9900 | €80,040 | €38,016 | -€42,024 | -52.5% |
| Operating profit (loss) | 9901 | €70,797 | €27,814 | -€42,983 | -60.7% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €71 | €249 | +€178 | +249.8% |
| Recurring financial charges | 65 | €71 | €249 | +€178 | +249.8% |
| Profit (loss) for the period before taxes | 9903 | €70,729 | €27,565 | -€43,164 | -61.0% |
| Income taxes | 67/77 | €3,650 | €5,933 | +€2,283 | +62.5% |
| Profit (loss) for the period | 9904 | €67,079 | €21,632 | -€45,447 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,079 | €21,632 | -€45,447 | -67.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.