YJV: 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.
YJV
Largest movements
- Receivables within one year +€137,424
up €137,424 (+470.4%), from €29,212 to €166,636
of which Other amounts receivable: +€143,293
- Financial fixed assets +€100,000
up €100,000 (+90.9%), from €110,000 to €210,000
- Tangible fixed assets -€11,046
down €11,046 (-19.0%), from €57,987 to €46,941
of which Furniture and vehicles: -€11,012
- Cash -€8,572
down €8,572 (-28.0%), from €30,643 to €22,071
mainly Receivables within one year (-€137,424) and Investment in fixed assets (net) (-€102,871)
- Debts after one year +€153,985
up €153,985 (+120.8%), from €127,516 to €281,501
- Reserves +€51,553
up €51,553 (+126.9%), from €40,629 to €92,182
- Tax, wage and social debts +€15,392
up €15,392 (+59.0%), from €26,070 to €41,462
- Gross operating margin +€16,446
up €16,446 (+23.0%), from €71,494 to €87,940
- Other operating charges -€8,334
down €8,334 (-93.2%), from €8,940 to €606
- Taxes +€5,280
up €5,280 (+38.7%), from €13,642 to €18,922
- Depreciation +€2,901
up €2,901 (+26.3%), from €11,016 to €13,917
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 | €228,176 | €445,941 | +€217,765 | +95.4% |
| Fixed assets | 21/28 | €167,987 | €256,941 | +€88,954 | +53.0% |
| Tangible fixed assets | 22/27 | €57,987 | €46,941 | -€11,046 | -19.0% |
| Plant, machinery and equipment | 23 | €2,542 | €2,508 | -€35 | -1.4% |
| Furniture and vehicles | 24 | €55,445 | €44,433 | -€11,012 | -19.9% |
| Financial fixed assets | 28 | €110,000 | €210,000 | +€100,000 | +90.9% |
| Current assets | 29/58 | €60,189 | €189,000 | +€128,811 | +214.0% |
| Amounts receivable within one year | 40/41 | €29,212 | €166,636 | +€137,424 | +470.4% |
| Trade receivables | 40 | €29,212 | €23,343 | -€5,870 | -20.1% |
| Other amounts receivable | 41 | - | €143,293 | +€143,293 | |
| Cash at bank and in hand | 54/58 | €30,643 | €22,071 | -€8,572 | -28.0% |
| Deferred charges and accrued income | 490/1 | €334 | €294 | -€40 | -12.1% |
| Total equity and liabilities | 10/49 | €228,176 | €445,941 | +€217,765 | +95.4% |
| Equity | 10/15 | €43,129 | €94,682 | +€51,553 | +119.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €40,629 | €92,182 | +€51,553 | +126.9% |
| Distributable reserves | 133 | €40,629 | €92,182 | +€51,553 | +126.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €185,048 | €351,259 | +€166,212 | +89.8% |
| Amounts payable after more than one year | 17 | €127,516 | €281,501 | +€153,985 | +120.8% |
| Financial debts | 170/4 | €127,516 | €281,501 | +€153,985 | +120.8% |
| Amounts payable within one year | 42/48 | €54,635 | €69,759 | +€15,124 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €10,572 | €11,015 | +€443 | +4.2% |
| Trade debts | 44 | €2,996 | €2,212 | -€784 | -26.2% |
| Suppliers | 440/4 | €2,996 | €2,212 | -€784 | -26.2% |
| Taxes, remuneration and social security | 45 | €26,070 | €41,462 | +€15,392 | +59.0% |
| Taxes | 450/3 | €26,070 | €41,462 | +€15,392 | +59.0% |
| Other amounts payable | 47/48 | €14,998 | €15,070 | +€72 | +0.5% |
| Accrued charges and deferred income | 492/3 | €2,897 | €0 | -€2,897 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,016 | €13,917 | +€2,901 | +26.3% |
| Other operating charges | 640/8 | €8,940 | €606 | -€8,334 | -93.2% |
| Gross operating margin | 9900 | €71,494 | €87,940 | +€16,446 | +23.0% |
| Operating profit (loss) | 9901 | €51,538 | €73,416 | +€21,879 | +42.5% |
| Financial charges | 65/66B | €2,427 | €2,941 | +€514 | +21.2% |
| Recurring financial charges | 65 | €2,427 | €2,941 | +€514 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €49,111 | €70,476 | +€21,365 | +43.5% |
| Income taxes | 67/77 | €13,642 | €18,922 | +€5,280 | +38.7% |
| Profit (loss) for the period | 9904 | €35,469 | €51,553 | +€16,085 | +45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,469 | €51,553 | +€16,085 | +45.3% |
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 4 October 2026 via checked.be.