Yil Projects: 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 Projects
Largest movements
- Tangible fixed assets +€57,456
up €57,456 (+3861.2%), from €1,488 to €58,944
of which Plant, machinery and equipment: +€29,525
- Cash +€24,797
up €24,797 (+5213.8%), from €476 to €25,272
mainly Other debts (+€59,707) and Net result for the year (+€32,518)
- Receivables within one year +€14,801
up €14,801 (+7719.9%), from €192 to €14,993
of which Trade receivables: +€14,834
- Other debts +€59,707
up €59,707 (+800.8%), from €7,456 to €67,163
- Profit (loss) carried forward +€22,819
no longer reported in 2025 (was -€22,819)
- Reserves +€9,699
new in 2025: €9,699
- Tax, wage and social debts +€4,809
new in 2025: €4,809
- Gross operating margin +€46,212
up €46,212, from -€1,346 to €44,866
- Depreciation +€9,870
up €9,870 (+2080.5%), from €474 to €10,344
- Taxes +€970
new in 2025: €970
- Other operating charges +€623
up €623 (+333.4%), from €187 to €810
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 | €2,155 | €99,608 | +€97,453 | +4521.4% |
| Fixed assets | 21/28 | €1,488 | €58,944 | +€57,456 | +3861.2% |
| Tangible fixed assets | 22/27 | €1,488 | €58,944 | +€57,456 | +3861.2% |
| Land and buildings | 22 | €885 | €28,815 | +€27,931 | +3157.2% |
| Plant, machinery and equipment | 23 | €603 | €30,129 | +€29,525 | +4893.2% |
| Current assets | 29/58 | €667 | €40,664 | +€39,997 | +5993.5% |
| Amounts receivable within one year | 40/41 | €192 | €14,993 | +€14,801 | +7719.9% |
| Trade receivables | 40 | €144 | €14,978 | +€14,834 | +10322.4% |
| Other amounts receivable | 41 | €48 | €15 | -€33 | -68.8% |
| Cash at bank and in hand | 54/58 | €476 | €25,272 | +€24,797 | +5213.8% |
| Deferred charges and accrued income | 490/1 | - | €399 | +€399 | |
| Total equity and liabilities | 10/49 | €2,155 | €99,608 | +€97,453 | +4521.4% |
| Equity | 10/15 | -€5,419 | €27,099 | +€32,518 | |
| Contributions | 10/11 | €17,400 | €17,400 | = | 0.0% |
| Reserves | 13 | - | €9,699 | +€9,699 | |
| Distributable reserves | 133 | - | €9,699 | +€9,699 | |
| Profit (loss) carried forward | 14 | -€22,819 | - | +€22,819 | |
| Amounts payable | 17/49 | €7,574 | €72,509 | +€64,934 | +857.3% |
| Amounts payable within one year | 42/48 | €7,574 | €72,509 | +€64,934 | +857.3% |
| Trade debts | 44 | €119 | €537 | +€418 | +352.0% |
| Suppliers | 440/4 | €119 | €537 | +€418 | +352.0% |
| Taxes, remuneration and social security | 45 | - | €4,809 | +€4,809 | |
| Taxes | 450/3 | - | €4,809 | +€4,809 | |
| Other amounts payable | 47/48 | €7,456 | €67,163 | +€59,707 | +800.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €474 | €10,344 | +€9,870 | +2080.5% |
| Other operating charges | 640/8 | €187 | €810 | +€623 | +333.4% |
| Gross operating margin | 9900 | -€1,346 | €44,866 | +€46,212 | |
| Operating profit (loss) | 9901 | -€2,008 | €33,711 | +€35,718 | |
| Financial income | 75/76B | - | €87 | +€87 | |
| Recurring financial income | 75 | - | €87 | +€87 | |
| Financial charges | 65/66B | €151 | €309 | +€158 | +104.2% |
| Recurring financial charges | 65 | €151 | €309 | +€158 | +104.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,159 | €33,488 | +€35,647 | |
| Income taxes | 67/77 | - | €970 | +€970 | |
| Profit (loss) for the period | 9904 | -€2,159 | €32,518 | +€34,677 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,159 | €32,518 | +€34,677 |
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.