YILDIZ46: 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.
YILDIZ46
Largest movements
- Tangible fixed assets -€27,051
down €27,051 (-46.4%), from €58,333 to €31,282
- Cash +€9,526
up €9,526 (+43.8%), from €21,732 to €31,259
mainly Depreciation (+€30,851) and Deferred charges and accrued income (+€2,095)
- Deferred charges and accrued income -€2,095
down €2,095 (-83.7%), from €2,503 to €408
- Profit (loss) carried forward -€14,438
down €14,438 (-35.0%), from €41,270 to €26,832
- Other debts -€4,645
down €4,645 (-16.7%), from €27,886 to €23,241
- Trade debts -€1,736
down €1,736 (-73.7%), from €2,354 to €619
- Tax, wage and social debts +€944
up €944 (+6.5%), from €14,415 to €15,359
of which Remuneration and social security: +€749
- Gross operating margin -€30,648
down €30,648 (-33.7%), from €90,818 to €60,169
- Staff costs +€23,398
up €23,398 (+124%), from €18,881 to €42,279
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 | €90,924 | €71,050 | -€19,874 | -21.9% |
| Fixed assets | 21/28 | €58,333 | €31,282 | -€27,051 | -46.4% |
| Tangible fixed assets | 22/27 | €58,333 | €31,282 | -€27,051 | -46.4% |
| Furniture and vehicles | 24 | €58,333 | €31,282 | -€27,051 | -46.4% |
| Current assets | 29/58 | €32,591 | €39,769 | +€7,177 | +22.0% |
| Amounts receivable within one year | 40/41 | €8,356 | €8,102 | -€254 | -3.0% |
| Trade receivables | 40 | €8,356 | €8,102 | -€254 | -3.0% |
| Cash at bank and in hand | 54/58 | €21,732 | €31,259 | +€9,526 | +43.8% |
| Deferred charges and accrued income | 490/1 | €2,503 | €408 | -€2,095 | -83.7% |
| Total equity and liabilities | 10/49 | €90,924 | €71,050 | -€19,874 | -21.9% |
| Equity | 10/15 | €46,270 | €31,832 | -€14,438 | -31.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,270 | €26,832 | -€14,438 | -35.0% |
| Amounts payable | 17/49 | €44,655 | €39,219 | -€5,436 | -12.2% |
| Amounts payable within one year | 42/48 | €44,655 | €39,219 | -€5,436 | -12.2% |
| Trade debts | 44 | €2,354 | €619 | -€1,736 | -73.7% |
| Suppliers | 440/4 | €2,354 | €619 | -€1,736 | -73.7% |
| Taxes, remuneration and social security | 45 | €14,415 | €15,359 | +€944 | +6.5% |
| Taxes | 450/3 | €3,488 | €3,684 | +€196 | +5.6% |
| Remuneration and social security | 454/9 | €10,927 | €11,675 | +€749 | +6.9% |
| Other amounts payable | 47/48 | €27,886 | €23,241 | -€4,645 | -16.7% |
| Remuneration, social security and pensions | 62 | €18,881 | €42,279 | +€23,398 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,631 | €30,851 | +€220 | +0.7% |
| Other operating charges | 640/8 | €1,181 | €1,339 | +€158 | +13.4% |
| Gross operating margin | 9900 | €90,818 | €60,169 | -€30,648 | -33.7% |
| Operating profit (loss) | 9901 | €40,125 | -€14,299 | -€54,424 | |
| Financial charges | 65/66B | €107 | €139 | +€32 | +29.5% |
| Recurring financial charges | 65 | €107 | €139 | +€32 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €40,018 | -€14,438 | -€54,456 | |
| Income taxes | 67/77 | €60 | - | -€60 | |
| Profit (loss) for the period | 9904 | €39,959 | -€14,438 | -€54,396 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,959 | -€14,438 | -€54,396 |
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 19 October 2026 via checked.be.