YIRCINA: 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.
YIRCINA
Largest movements
- Cash +€139,543
up €139,543 (+93.7%), from €148,978 to €288,520
mainly Net result for the year (+€144,060) and Trade debts (+€64,540)
- Tangible fixed assets -€53,933
down €53,933 (-6.0%), from €898,860 to €844,927
of which Land and buildings: -€48,043
- Receivables within one year -€41,704
down €41,704 (-61.7%), from €67,575 to €25,870
of which Trade receivables: -€36,977
- Trade debts +€64,540
up €64,540 (+1323.2%), from €4,877 to €69,418
- Current portion of long-term debt -€40,759
down €40,759 (-55.2%), from €73,775 to €33,015
- Debts after one year -€33,015
down €33,015 (-13.8%), from €239,355 to €206,339
of which Financial debts: -€33,015
- Reserves +€27,651
up €27,651 (+4.0%), from €695,360 to €723,011
of which Distributable reserves: +€27,960
- Other debts +€25,421
up €25,421 (+40.2%), from €63,242 to €88,663
- Gross operating margin -€47,458
down €47,458 (-15.1%), from €314,623 to €267,166
- Other operating charges +€3,967
up €3,967 (+26.3%), from €15,112 to €19,079
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 | €1,117,496 | €1,161,412 | +€43,916 | +3.9% |
| Fixed assets | 21/28 | €898,860 | €844,927 | -€53,933 | -6.0% |
| Tangible fixed assets | 22/27 | €898,860 | €844,927 | -€53,933 | -6.0% |
| Land and buildings | 22 | €863,047 | €815,004 | -€48,043 | -5.6% |
| Plant, machinery and equipment | 23 | €35,345 | €29,923 | -€5,421 | -15.3% |
| Furniture and vehicles | 24 | €469 | €0 | -€469 | -100.0% |
| Current assets | 29/58 | €218,636 | €316,485 | +€97,849 | +44.8% |
| Amounts receivable within one year | 40/41 | €67,575 | €25,870 | -€41,704 | -61.7% |
| Trade receivables | 40 | €55,415 | €18,439 | -€36,977 | -66.7% |
| Other amounts receivable | 41 | €12,159 | €7,432 | -€4,728 | -38.9% |
| Cash at bank and in hand | 54/58 | €148,978 | €288,520 | +€139,543 | +93.7% |
| Deferred charges and accrued income | 490/1 | €2,084 | €2,094 | +€11 | +0.5% |
| Total equity and liabilities | 10/49 | €1,117,496 | €1,161,412 | +€43,916 | +3.9% |
| Equity | 10/15 | €720,160 | €747,811 | +€27,651 | +3.8% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €695,360 | €723,011 | +€27,651 | +4.0% |
| Non-distributable reserves | 130/1 | €2,480 | €2,480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,480 | €2,480 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,546 | €38,237 | -€309 | -0.8% |
| Distributable reserves | 133 | €654,334 | €682,294 | +€27,960 | +4.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €12,849 | €12,746 | -€103 | -0.8% |
| Deferred taxes | 168 | €12,849 | €12,746 | -€103 | -0.8% |
| Amounts payable | 17/49 | €384,488 | €400,856 | +€16,368 | +4.3% |
| Amounts payable after more than one year | 17 | €239,355 | €206,339 | -€33,015 | -13.8% |
| Financial debts | 170/4 | €223,060 | €190,044 | -€33,015 | -14.8% |
| Other amounts payable | 178/9 | €16,295 | €16,295 | = | 0.0% |
| Amounts payable within one year | 42/48 | €141,894 | €191,176 | +€49,283 | +34.7% |
| Current portion of amounts payable after more than one year | 42 | €73,775 | €33,015 | -€40,759 | -55.2% |
| Trade debts | 44 | €4,877 | €69,418 | +€64,540 | +1323.2% |
| Suppliers | 440/4 | €4,877 | €69,418 | +€64,540 | +1323.2% |
| Taxes, remuneration and social security | 45 | - | €81 | +€81 | |
| Taxes | 450/3 | - | €81 | +€81 | |
| Other amounts payable | 47/48 | €63,242 | €88,663 | +€25,421 | +40.2% |
| Accrued charges and deferred income | 492/3 | €3,239 | €3,340 | +€101 | +3.1% |
| Non-recurring operating income | 76A | €54,582 | €0 | -€54,582 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,357 | €56,576 | +€219 | +0.4% |
| Other operating charges | 640/8 | €15,112 | €19,079 | +€3,967 | +26.3% |
| Non-recurring operating charges | 66A | - | €5,836 | +€5,836 | |
| Gross operating margin | 9900 | €314,623 | €267,166 | -€47,458 | -15.1% |
| Operating profit (loss) | 9901 | €243,154 | €185,675 | -€57,479 | -23.6% |
| Financial income | 75/76B | €444 | €1,149 | +€705 | +158.6% |
| Recurring financial income | 75 | €57 | €1,149 | +€1,092 | +1907.6% |
| Non-recurring financial income | 76B | €387 | €0 | -€387 | -100.0% |
| Financial charges | 65/66B | €3,582 | €2,786 | -€795 | -22.2% |
| Recurring financial charges | 65 | €3,582 | €2,786 | -€795 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €240,017 | €184,038 | -€55,979 | -23.3% |
| Transfer from deferred taxes | 780 | €26 | €123 | +€97 | +368.1% |
| Transfer to deferred taxes | 680 | €12,875 | €20 | -€12,855 | -99.8% |
| Income taxes | 67/77 | €40,925 | €40,081 | -€845 | -2.1% |
| Profit (loss) for the period | 9904 | €186,243 | €144,060 | -€42,183 | -22.6% |
| Transfer from tax-exempt reserves | 789 | €79 | €370 | +€291 | +368.1% |
| Transfer to tax-exempt reserves | 689 | €38,625 | €61 | -€38,564 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €147,697 | €144,369 | -€3,328 | -2.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.