YIL: 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.
YIL
Largest movements
- Receivables within one year -€208,336
down €208,336 (-44.7%), from €466,058 to €257,722
of which Other amounts receivable: -€126,577
- Cash -€31,643
down €31,643 (-21.7%), from €145,619 to €113,975
mainly Current portion of long-term debt (-€129,588) and Net result for the year (-€45,081)
- Tangible fixed assets +€14,612
up €14,612 (+6.2%), from €234,771 to €249,382
of which Furniture and vehicles: +€16,495
- Current portion of long-term debt -€129,588
no longer reported in 2025 (was €129,588)
- Reserves -€75,081
down €75,081 (-12.1%), from €622,166 to €547,085
- Tax, wage and social debts -€15,801
down €15,801 (-87.3%), from €18,095 to €2,294
of which Taxes: -€11,763
- Gross operating margin -€162,072
down €162,072 (-99.2%), from €163,399 to €1,327
- Staff costs -€11,860
down €11,860 (-39.6%), from €29,943 to €18,083
- Financial income +€8,017
up €8,017 (+28.5%), from €28,177 to €36,195
- Financial charges -€7,380
down €7,380 (-15.9%), from €46,562 to €39,181
of which Non-recurring financial charges: -€4,457
- Taxes -€5,933
down €5,933, from €5,800 to -€133
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 | €1,373,268 | €1,154,112 | -€219,156 | -16.0% |
| Fixed assets | 21/28 | €254,771 | €269,382 | +€14,612 | +5.7% |
| Tangible fixed assets | 22/27 | €234,771 | €249,382 | +€14,612 | +6.2% |
| Plant, machinery and equipment | 23 | €3,099 | €1,215 | -€1,883 | -60.8% |
| Furniture and vehicles | 24 | €166,672 | €183,167 | +€16,495 | +9.9% |
| Other tangible fixed assets | 26 | €65,000 | €65,000 | = | 0.0% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €1,118,497 | €884,730 | -€233,768 | -20.9% |
| Amounts receivable after more than one year | 29 | €128,000 | €128,000 | = | 0.0% |
| Other amounts receivable | 291 | €128,000 | €128,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €376,481 | €383,206 | +€6,725 | +1.8% |
| Stocks | 30/36 | €376,481 | €383,206 | +€6,725 | +1.8% |
| Amounts receivable within one year | 40/41 | €466,058 | €257,722 | -€208,336 | -44.7% |
| Trade receivables | 40 | €133,760 | €52,000 | -€81,760 | -61.1% |
| Other amounts receivable | 41 | €332,298 | €205,722 | -€126,577 | -38.1% |
| Cash at bank and in hand | 54/58 | €145,619 | €113,975 | -€31,643 | -21.7% |
| Deferred charges and accrued income | 490/1 | €2,340 | €1,827 | -€513 | -21.9% |
| Total equity and liabilities | 10/49 | €1,373,268 | €1,154,112 | -€219,156 | -16.0% |
| Equity | 10/15 | €753,326 | €678,245 | -€75,081 | -10.0% |
| Contributions | 10/11 | €131,160 | €131,160 | = | 0.0% |
| Reserves | 13 | €622,166 | €547,085 | -€75,081 | -12.1% |
| Distributable reserves | 133 | €622,166 | €547,085 | -€75,081 | -12.1% |
| Amounts payable | 17/49 | €619,942 | €475,867 | -€144,075 | -23.2% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Financial debts | 170/4 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €493,292 | €347,279 | -€146,013 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €129,588 | - | -€129,588 | |
| Financial debts | 43 | €234,000 | €234,000 | = | 0.0% |
| Credit institutions | 430/8 | €234,000 | €234,000 | = | 0.0% |
| Trade debts | 44 | €11,809 | €9,685 | -€2,124 | -18.0% |
| Suppliers | 440/4 | €11,809 | €9,685 | -€2,124 | -18.0% |
| Taxes, remuneration and social security | 45 | €18,095 | €2,294 | -€15,801 | -87.3% |
| Taxes | 450/3 | €14,057 | €2,294 | -€11,763 | -83.7% |
| Remuneration and social security | 454/9 | €4,038 | €0 | -€4,038 | -100% |
| Other amounts payable | 47/48 | €99,800 | €101,300 | +€1,500 | +1.5% |
| Accrued charges and deferred income | 492/3 | €1,650 | €3,588 | +€1,938 | +117% |
| Non-recurring operating income | 76A | - | €5,623 | +€5,623 | |
| Remuneration, social security and pensions | 62 | €29,943 | €18,083 | -€11,860 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,862 | €22,949 | -€914 | -3.8% |
| Other operating charges | 640/8 | €2,891 | €2,523 | -€367 | -12.7% |
| Gross operating margin | 9900 | €163,399 | €1,327 | -€162,072 | -99.2% |
| Operating profit (loss) | 9901 | €106,703 | -€42,227 | -€148,931 | |
| Financial income | 75/76B | €28,177 | €36,195 | +€8,017 | +28.5% |
| Recurring financial income | 75 | €28,177 | €36,195 | +€8,017 | +28.5% |
| Financial charges | 65/66B | €46,562 | €39,181 | -€7,380 | -15.9% |
| Recurring financial charges | 65 | €42,105 | €39,181 | -€2,923 | -6.9% |
| Non-recurring financial charges | 66B | €4,457 | - | -€4,457 | |
| Profit (loss) for the period before taxes | 9903 | €88,319 | -€45,214 | -€133,533 | |
| Income taxes | 67/77 | €5,800 | -€133 | -€5,933 | |
| Profit (loss) for the period | 9904 | €82,519 | -€45,081 | -€127,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €82,519 | -€45,081 | -€127,600 |
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 14 October 2026 via checked.be.