YK Construct: 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.
YK Construct
Largest movements
- Receivables within one year -€46,938
down €46,938 (-9.5%), from €493,102 to €446,163
of which Trade receivables: -€63,060
- Tangible fixed assets -€24,874
down €24,874 (-66.2%), from €37,553 to €12,678
of which Plant, machinery and equipment: -€20,627
- Cash +€5,869
up €5,869 (+620%), from €946 to €6,815
mainly Receivables within one year (+€46,938) and Net result for the year (+€37,892)
- Other debts -€95,608
down €95,608 (-77.0%), from €124,150 to €28,542
- Reserves +€37,500
up €37,500 (+184%), from €20,360 to €57,860
- Tax, wage and social debts +€33,050
up €33,050 (+58.2%), from €56,826 to €89,876
of which Taxes: +€17,643
- Trade debts -€28,614
down €28,614 (-9.2%), from €310,783 to €282,168
- Advances received -€7,500
no longer reported in 2025 (was €7,500)
- Staff costs -€79,024
down €79,024 (-82.7%), from €95,505 to €16,481
- Other operating charges +€68,920
up €68,920 (+549%), from €12,550 to €81,470
- Gross operating margin -€40,233
down €40,233 (-19.1%), from €210,743 to €170,511
- Taxes +€10,316
up €10,316 (+1,115%), from €925 to €11,241
- Depreciation -€9,845
down €9,845 (-43.1%), from €22,845 to €13,000
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 | €532,620 | €471,840 | -€60,781 | -11.4% |
| Fixed assets | 21/28 | €38,573 | €13,948 | -€24,624 | -63.8% |
| Tangible fixed assets | 22/27 | €37,553 | €12,678 | -€24,874 | -66.2% |
| Plant, machinery and equipment | 23 | €31,086 | €10,460 | -€20,627 | -66.4% |
| Furniture and vehicles | 24 | €6,466 | €2,219 | -€4,247 | -65.7% |
| Financial fixed assets | 28 | €1,020 | €1,270 | +€250 | +24.5% |
| Current assets | 29/58 | €494,048 | €457,891 | -€36,157 | -7.3% |
| Amounts receivable within one year | 40/41 | €493,102 | €446,163 | -€46,938 | -9.5% |
| Trade receivables | 40 | €459,704 | €396,644 | -€63,060 | -13.7% |
| Other amounts receivable | 41 | €33,398 | €49,520 | +€16,121 | +48.3% |
| Cash at bank and in hand | 54/58 | €946 | €6,815 | +€5,869 | +620% |
| Deferred charges and accrued income | 490/1 | - | €4,913 | +€4,913 | |
| Total equity and liabilities | 10/49 | €532,620 | €471,840 | -€60,781 | -11.4% |
| Equity | 10/15 | €33,362 | €71,253 | +€37,892 | +114% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,360 | €57,860 | +€37,500 | +184% |
| Distributable reserves | 133 | €20,360 | €57,860 | +€37,500 | +184% |
| Profit (loss) carried forward | 14 | €602 | €993 | +€392 | +65.1% |
| Amounts payable | 17/49 | €499,259 | €400,586 | -€98,672 | -19.8% |
| Amounts payable within one year | 42/48 | €499,259 | €400,586 | -€98,672 | -19.8% |
| Trade debts | 44 | €310,783 | €282,168 | -€28,614 | -9.2% |
| Suppliers | 440/4 | €310,783 | €282,168 | -€28,614 | -9.2% |
| Advances received on contracts in progress | 46 | €7,500 | - | -€7,500 | |
| Taxes, remuneration and social security | 45 | €56,826 | €89,876 | +€33,050 | +58.2% |
| Taxes | 450/3 | €2,137 | €19,780 | +€17,643 | +826% |
| Remuneration and social security | 454/9 | €54,690 | €70,097 | +€15,407 | +28.2% |
| Other amounts payable | 47/48 | €124,150 | €28,542 | -€95,608 | -77.0% |
| Non-recurring operating income | 76A | €6,780 | - | -€6,780 | |
| Remuneration, social security and pensions | 62 | €95,505 | €16,481 | -€79,024 | -82.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,845 | €13,000 | -€9,845 | -43.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,965 | +€6,965 | |
| Other operating charges | 640/8 | €12,550 | €81,470 | +€68,920 | +549% |
| Non-recurring operating charges | 66A | - | €2,874 | +€2,874 | |
| Gross operating margin | 9900 | €210,743 | €170,511 | -€40,233 | -19.1% |
| Operating profit (loss) | 9901 | €79,843 | €49,720 | -€30,123 | -37.7% |
| Financial income | 75/76B | €1,241 | €384 | -€857 | -69.1% |
| Recurring financial income | 75 | €1,241 | €384 | -€857 | -69.1% |
| Financial charges | 65/66B | €827 | €971 | +€145 | +17.5% |
| Recurring financial charges | 65 | €827 | €971 | +€145 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €80,257 | €49,132 | -€31,124 | -38.8% |
| Income taxes | 67/77 | €925 | €11,241 | +€10,316 | +1,115% |
| Profit (loss) for the period | 9904 | €79,332 | €37,892 | -€41,440 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,332 | €37,892 | -€41,440 | -52.2% |
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 26 October 2026 via checked.be.