YINES: what changed
Two fiscal 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.
YINES
Largest movements
- Tangible fixed assets +€85,518
up €85,518 (+114.3%), from €74,825 to €160,344
of which Furniture and vehicles: +€85,207
- Cash +€13,229
up €13,229 (+227.2%), from €5,822 to €19,052
mainly Current portion of long-term debt (+€40,039) and Depreciation (+€27,566)
- Financial fixed assets -€9,000
no longer reported in 2024 (was €9,000)
- Receivables within one year +€5,031
up €5,031 (+22.1%), from €22,785 to €27,816
of which Trade receivables: +€9,373
- Current portion of long-term debt +€40,039
new in 2024: €40,039
- Tax, wage and social debts +€26,175
up €26,175 (+144.8%), from €18,081 to €44,256
of which Taxes: +€13,542
- Debts after one year +€19,100
up €19,100 (+36.6%), from €52,204 to €71,304
- Profit (loss) carried forward +€9,507
up €9,507 (+326.6%), from €2,910 to €12,417
- Gross operating margin +€104,762
up €104,762 (+104.9%), from €99,859 to €204,621
- Staff costs +€76,409
up €76,409 (+151.1%), from €50,580 to €126,990
- Other operating charges +€13,638
up €13,638 (+93.9%), from €14,527 to €28,165
- Depreciation +€11,231
up €11,231 (+68.8%), from €16,335 to €27,566
- Financial charges +€4,850
up €4,850 (+139.8%), from €3,469 to €8,319
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,195 | €208,016 | +€94,821 | +83.8% |
| Fixed assets | 21/28 | €83,825 | €160,344 | +€76,518 | +91.3% |
| Tangible fixed assets | 22/27 | €74,825 | €160,344 | +€85,518 | +114.3% |
| Plant, machinery and equipment | 23 | €2,677 | €2,989 | +€312 | +11.6% |
| Furniture and vehicles | 24 | €72,148 | €157,355 | +€85,207 | +118.1% |
| Financial fixed assets | 28 | €9,000 | - | -€9,000 | |
| Current assets | 29/58 | €29,370 | €47,673 | +€18,303 | +62.3% |
| Amounts receivable within one year | 40/41 | €22,785 | €27,816 | +€5,031 | +22.1% |
| Trade receivables | 40 | €13,799 | €23,172 | +€9,373 | +67.9% |
| Other amounts receivable | 41 | €8,986 | €4,644 | -€4,342 | -48.3% |
| Cash at bank and in hand | 54/58 | €5,822 | €19,052 | +€13,229 | +227.2% |
| Deferred charges and accrued income | 490/1 | €762 | €805 | +€42 | +5.5% |
| Total equity and liabilities | 10/49 | €113,195 | €208,016 | +€94,821 | +83.8% |
| Equity | 10/15 | €42,910 | €52,417 | +€9,507 | +22.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,910 | €12,417 | +€9,507 | +326.6% |
| Amounts payable | 17/49 | €70,285 | €155,599 | +€85,314 | +121.4% |
| Amounts payable after more than one year | 17 | €52,204 | €71,304 | +€19,100 | +36.6% |
| Financial debts | 170/4 | €52,204 | €71,304 | +€19,100 | +36.6% |
| Amounts payable within one year | 42/48 | €18,081 | €84,295 | +€66,214 | +366.2% |
| Current portion of amounts payable after more than one year | 42 | - | €40,039 | +€40,039 | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €18,081 | €44,256 | +€26,175 | +144.8% |
| Taxes | 450/3 | €13,455 | €26,997 | +€13,542 | +100.6% |
| Remuneration and social security | 454/9 | €4,626 | €17,259 | +€12,633 | +273.1% |
| Remuneration, social security and pensions | 62 | €50,580 | €126,990 | +€76,409 | +151.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,335 | €27,566 | +€11,231 | +68.8% |
| Other operating charges | 640/8 | €14,527 | €28,165 | +€13,638 | +93.9% |
| Gross operating margin | 9900 | €99,859 | €204,621 | +€104,762 | +104.9% |
| Operating profit (loss) | 9901 | €18,417 | €21,901 | +€3,483 | +18.9% |
| Financial income | 75/76B | €107 | €140 | +€33 | +30.5% |
| Recurring financial income | 75 | €107 | €140 | +€33 | +30.5% |
| Financial charges | 65/66B | €3,469 | €8,319 | +€4,850 | +139.8% |
| Recurring financial charges | 65 | €3,469 | €8,319 | +€4,850 | +139.8% |
| Profit (loss) for the period before taxes | 9903 | €15,056 | €13,722 | -€1,334 | -8.9% |
| Income taxes | 67/77 | €4,973 | €4,215 | -€758 | -15.2% |
| Profit (loss) for the period | 9904 | €10,083 | €9,507 | -€576 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,083 | €9,507 | -€576 | -5.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.