Yinco: 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.
Yinco
Largest movements
- Tangible fixed assets +€111,345
up €111,345 (+649.2%), from €17,151 to €128,496
of which Land and buildings: +€98,840
- Receivables within one year +€16,379
up €16,379 (+629.0%), from €2,604 to €18,982
of which Trade receivables: +€18,675
- Deferred charges and accrued income +€6,106
up €6,106 (+806.1%), from €758 to €6,864
- Intangible fixed assets -€2,346
down €2,346 (-14.6%), from €16,111 to €13,764
- Debts after one year +€138,155
up €138,155 (+281.9%), from €49,000 to €187,155
of which Financial debts: +€123,155
- Profit (loss) carried forward -€85,517
down €85,517 (-106.7%), from -€80,135 to -€165,652
- Other debts +€31,441
up €31,441, from €0 to €31,441
- Current portion of long-term debt +€16,925
new in 2025: €16,925
- Short-term financial debts +€13,589
up €13,589 (+7565.0%), from €180 to €13,769
of which Other loans: +€13,450
- Staff costs +€62,420
up €62,420 (+5580.2%), from €1,119 to €63,538
- Gross operating margin +€31,935
up €31,935, from -€28,530 to €3,405
- Depreciation +€15,952
up €15,952 (+929.8%), from €1,716 to €17,667
- Financial charges +€4,368
up €4,368 (+261.6%), from €1,670 to €6,038
- Other operating charges +€488
up €488 (+34.3%), from €1,423 to €1,911
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 | €55,312 | €190,561 | +€135,249 | +244.5% |
| Fixed assets | 21/28 | €45,607 | €154,866 | +€109,259 | +239.6% |
| Intangible fixed assets | 21 | €16,111 | €13,764 | -€2,346 | -14.6% |
| Tangible fixed assets | 22/27 | €17,151 | €128,496 | +€111,345 | +649.2% |
| Land and buildings | 22 | - | €98,840 | +€98,840 | |
| Plant, machinery and equipment | 23 | €15,966 | €16,727 | +€760 | +4.8% |
| Furniture and vehicles | 24 | €1,185 | €12,929 | +€11,745 | +991.5% |
| Financial fixed assets | 28 | €12,346 | €12,606 | +€260 | +2.1% |
| Current assets | 29/58 | €9,704 | €35,695 | +€25,991 | +267.8% |
| Amounts receivable within one year | 40/41 | €2,604 | €18,982 | +€16,379 | +629.0% |
| Trade receivables | 40 | €0 | €18,675 | +€18,675 | |
| Other amounts receivable | 41 | €2,604 | €308 | -€2,296 | -88.2% |
| Current investments | 50/53 | - | €1,731 | +€1,731 | |
| Cash at bank and in hand | 54/58 | €6,343 | €8,118 | +€1,775 | +28.0% |
| Deferred charges and accrued income | 490/1 | €758 | €6,864 | +€6,106 | +806.1% |
| Total equity and liabilities | 10/49 | €55,312 | €190,561 | +€135,249 | +244.5% |
| Equity | 10/15 | -€12,735 | -€98,252 | -€85,517 | -671.5% |
| Contributions | 10/11 | €67,400 | €67,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,135 | -€165,652 | -€85,517 | -106.7% |
| Amounts payable | 17/49 | €68,047 | €288,814 | +€220,767 | +324.4% |
| Amounts payable after more than one year | 17 | €49,000 | €187,155 | +€138,155 | +281.9% |
| Financial debts | 170/4 | €49,000 | €172,155 | +€123,155 | +251.3% |
| Other amounts payable | 178/9 | - | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €19,047 | €101,659 | +€82,612 | +433.7% |
| Current portion of amounts payable after more than one year | 42 | - | €16,925 | +€16,925 | |
| Financial debts | 43 | €180 | €13,769 | +€13,589 | +7565.0% |
| Credit institutions | 430/8 | €180 | €319 | +€139 | +77.4% |
| Other loans | 439 | - | €13,450 | +€13,450 | |
| Trade debts | 44 | €17,932 | €25,982 | +€8,050 | +44.9% |
| Suppliers | 440/4 | €17,932 | €25,982 | +€8,050 | +44.9% |
| Advances received on contracts in progress | 46 | - | €1,978 | +€1,978 | |
| Taxes, remuneration and social security | 45 | €935 | €11,564 | +€10,629 | +1136.3% |
| Taxes | 450/3 | €114 | €2,862 | +€2,748 | +2413.6% |
| Remuneration and social security | 454/9 | €822 | €8,702 | +€7,881 | +959.3% |
| Other amounts payable | 47/48 | €0 | €31,441 | +€31,441 | |
| Remuneration, social security and pensions | 62 | €1,119 | €63,538 | +€62,420 | +5580.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,716 | €17,667 | +€15,952 | +929.8% |
| Other operating charges | 640/8 | €1,423 | €1,911 | +€488 | +34.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€28,530 | €3,405 | +€31,935 | |
| Operating profit (loss) | 9901 | -€32,787 | -€79,711 | -€46,925 | -143.1% |
| Financial income | 75/76B | €0 | €232 | +€232 | |
| Recurring financial income | 75 | €0 | €232 | +€232 | |
| Financial charges | 65/66B | €1,670 | €6,038 | +€4,368 | +261.6% |
| Recurring financial charges | 65 | €1,670 | €6,038 | +€4,368 | +261.6% |
| Profit (loss) for the period before taxes | 9903 | -€34,456 | -€85,517 | -€51,061 | -148.2% |
| Profit (loss) for the period | 9904 | -€34,456 | -€85,517 | -€51,061 | -148.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,456 | -€85,517 | -€51,061 | -148.2% |
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 9 October 2026 via checked.be.