YILDIRAY: 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.
YILDIRAY
Largest movements
- Tangible fixed assets +€21,121
up €21,121 (+847%), from €2,494 to €23,615
of which Furniture and vehicles: +€23,615
- Cash -€3,723
down €3,723 (-100%), from €3,723 to €0
mainly Investment in fixed assets (net) (-€28,636) and Net result for the year (-€6,249)
- Receivables within one year -€2,237
down €2,237 (-43.2%), from €5,172 to €2,936
- Stocks and contracts +€891
up €891 (+50.3%), from €1,773 to €2,664
- Debts after one year +€12,230
new in 2025: €12,230
- Current portion of long-term debt +€8,172
new in 2025: €8,172
- Profit (loss) carried forward -€6,249
down €6,249 (-25.1%), from -€24,913 to -€31,162
- Other debts +€6,055
up €6,055 (+288%), from €2,101 to €8,157
- Tax, wage and social debts -€2,059
down €2,059 (-9.1%), from €22,696 to €20,637
- Depreciation +€5,021
up €5,021 (+201%), from €2,494 to €7,516
- Gross operating margin +€3,285
up €3,285 (+13.6%), from €24,201 to €27,485
- Financial charges +€3,054
up €3,054 (+53.5%), from €5,704 to €8,758
- Other operating charges +€2,820
up €2,820 (+81.5%), from €3,459 to €6,278
- Taxes -€1,285
down €1,285 (-21.0%), from €6,113 to €4,829
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 | €13,162 | €29,215 | +€16,053 | +122% |
| Fixed assets | 21/28 | €2,494 | €23,615 | +€21,121 | +847% |
| Tangible fixed assets | 22/27 | €2,494 | €23,615 | +€21,121 | +847% |
| Furniture and vehicles | 24 | - | €23,615 | +€23,615 | |
| Other tangible fixed assets | 26 | €2,494 | €0 | -€2,494 | -100% |
| Current assets | 29/58 | €10,668 | €5,600 | -€5,068 | -47.5% |
| Stocks and contracts in progress | 3 | €1,773 | €2,664 | +€891 | +50.3% |
| Stocks | 30/36 | €1,773 | €2,664 | +€891 | +50.3% |
| Amounts receivable within one year | 40/41 | €5,172 | €2,936 | -€2,237 | -43.2% |
| Trade receivables | 40 | €5,172 | €2,936 | -€2,237 | -43.2% |
| Cash at bank and in hand | 54/58 | €3,723 | €0 | -€3,723 | -100% |
| Total equity and liabilities | 10/49 | €13,162 | €29,215 | +€16,053 | +122% |
| Equity | 10/15 | -€18,713 | -€24,962 | -€6,249 | -33.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,913 | -€31,162 | -€6,249 | -25.1% |
| Amounts payable | 17/49 | €31,875 | €54,177 | +€22,302 | +70.0% |
| Amounts payable after more than one year | 17 | - | €12,230 | +€12,230 | |
| Financial debts | 170/4 | - | €12,230 | +€12,230 | |
| Amounts payable within one year | 42/48 | €31,875 | €41,947 | +€10,072 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,172 | +€8,172 | |
| Financial debts | 43 | €1,072 | €469 | -€603 | -56.2% |
| Credit institutions | 430/8 | €1,072 | €469 | -€603 | -56.2% |
| Trade debts | 44 | €6,005 | €4,512 | -€1,493 | -24.9% |
| Suppliers | 440/4 | €6,005 | €4,512 | -€1,493 | -24.9% |
| Taxes, remuneration and social security | 45 | €22,696 | €20,637 | -€2,059 | -9.1% |
| Taxes | 450/3 | €22,696 | €20,637 | -€2,059 | -9.1% |
| Other amounts payable | 47/48 | €2,101 | €8,157 | +€6,055 | +288% |
| Remuneration, social security and pensions | 62 | €6,719 | €6,353 | -€366 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,494 | €7,516 | +€5,021 | +201% |
| Other operating charges | 640/8 | €3,459 | €6,278 | +€2,820 | +81.5% |
| Gross operating margin | 9900 | €24,201 | €27,485 | +€3,285 | +13.6% |
| Operating profit (loss) | 9901 | €11,528 | €7,338 | -€4,190 | -36.3% |
| Financial charges | 65/66B | €5,704 | €8,758 | +€3,054 | +53.5% |
| Recurring financial charges | 65 | €5,704 | €8,758 | +€3,054 | +53.5% |
| Profit (loss) for the period before taxes | 9903 | €5,824 | -€1,421 | -€7,245 | |
| Income taxes | 67/77 | €6,113 | €4,829 | -€1,285 | -21.0% |
| Profit (loss) for the period | 9904 | -€289 | -€6,249 | -€5,960 | -2,060% |
| Profit (loss) for the period to be appropriated | 9905 | -€289 | -€6,249 | -€5,960 | -2,060% |
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 29 October 2026 via checked.be.