YIELDOW: 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.
YIELDOW
Largest movements
- Cash -€29,427
down €29,427 (-10.2%), from €289,057 to €259,629
mainly Investment in fixed assets (net) (-€41,455) and Tax, wage and social debts (-€38,917)
- Receivables within one year -€29,054
down €29,054 (-17.0%), from €171,150 to €142,096
of which Trade receivables: -€29,399
- Tangible fixed assets +€28,581
up €28,581 (+318.0%), from €8,989 to €37,569
- Deferred charges and accrued income -€7,128
down €7,128 (-46.8%), from €15,240 to €8,112
- Tax, wage and social debts -€38,917
down €38,917 (-49.3%), from €78,893 to €39,976
of which Taxes: -€47,810
- Reserves +€17,898
up €17,898 (+7.2%), from €249,265 to €267,162
of which Distributable reserves: +€17,898
- Trade debts -€7,674
down €7,674 (-6.6%), from €115,663 to €107,989
- Gross operating margin -€47,833
down €47,833 (-14.2%), from €336,853 to €289,020
- Taxes -€17,230
down €17,230 (-38.4%), from €44,858 to €27,629
- Staff costs +€8,942
up €8,942 (+4.5%), from €196,984 to €205,926
- Financial income +€7,737
up €7,737 (+42557.2%), from €18 to €7,755
- Depreciation +€4,333
up €4,333 (+80.3%), from €5,395 to €9,728
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 | €487,354 | €453,472 | -€33,882 | -7.0% |
| Fixed assets | 21/28 | €11,907 | €43,634 | +€31,728 | +266.5% |
| Tangible fixed assets | 22/27 | €8,989 | €37,569 | +€28,581 | +318.0% |
| Furniture and vehicles | 24 | €8,989 | €37,569 | +€28,581 | +318.0% |
| Financial fixed assets | 28 | €2,918 | €6,065 | +€3,147 | +107.8% |
| Current assets | 29/58 | €475,447 | €409,838 | -€65,609 | -13.8% |
| Amounts receivable within one year | 40/41 | €171,150 | €142,096 | -€29,054 | -17.0% |
| Trade receivables | 40 | €171,109 | €141,710 | -€29,399 | -17.2% |
| Other amounts receivable | 41 | €41 | €386 | +€345 | +848.0% |
| Cash at bank and in hand | 54/58 | €289,057 | €259,629 | -€29,427 | -10.2% |
| Deferred charges and accrued income | 490/1 | €15,240 | €8,112 | -€7,128 | -46.8% |
| Total equity and liabilities | 10/49 | €487,354 | €453,472 | -€33,882 | -7.0% |
| Equity | 10/15 | €255,565 | €273,462 | +€17,898 | +7.0% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €249,265 | €267,162 | +€17,898 | +7.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €247,405 | €265,302 | +€17,898 | +7.2% |
| Amounts payable | 17/49 | €231,789 | €180,009 | -€51,780 | -22.3% |
| Amounts payable within one year | 42/48 | €231,574 | €179,967 | -€51,607 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €4,711 | - | -€4,711 | |
| Trade debts | 44 | €115,663 | €107,989 | -€7,674 | -6.6% |
| Suppliers | 440/4 | €115,663 | €107,989 | -€7,674 | -6.6% |
| Taxes, remuneration and social security | 45 | €78,893 | €39,976 | -€38,917 | -49.3% |
| Taxes | 450/3 | €56,268 | €8,458 | -€47,810 | -85.0% |
| Remuneration and social security | 454/9 | €22,625 | €31,518 | +€8,893 | +39.3% |
| Other amounts payable | 47/48 | €32,307 | €32,003 | -€304 | -0.9% |
| Accrued charges and deferred income | 492/3 | €215 | €42 | -€173 | -80.4% |
| Remuneration, social security and pensions | 62 | €196,984 | €205,926 | +€8,942 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,395 | €9,728 | +€4,333 | +80.3% |
| Other operating charges | 640/8 | €1,108 | €1,944 | +€836 | +75.5% |
| Gross operating margin | 9900 | €336,853 | €289,020 | -€47,833 | -14.2% |
| Operating profit (loss) | 9901 | €133,365 | €71,422 | -€61,943 | -46.4% |
| Financial income | 75/76B | €18 | €7,755 | +€7,737 | +42557.2% |
| Recurring financial income | 75 | €18 | €7,755 | +€7,737 | +42557.2% |
| Financial charges | 65/66B | €1,231 | €1,689 | +€458 | +37.2% |
| Recurring financial charges | 65 | €1,231 | €1,689 | +€458 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €132,152 | €77,488 | -€54,664 | -41.4% |
| Income taxes | 67/77 | €44,858 | €27,629 | -€17,230 | -38.4% |
| Profit (loss) for the period | 9904 | €87,294 | €49,859 | -€37,435 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €87,294 | €49,859 | -€37,435 | -42.9% |
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 11 October 2026 via checked.be.