YK MANAGEMENT: 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.
YK MANAGEMENT
Largest movements
- Receivables within one year -€62,482
down €62,482 (-31.1%), from €201,114 to €138,632
of which Other amounts receivable: -€60,482
- Trade debts -€63,487
down €63,487 (-28.3%), from €224,242 to €160,755
- Other debts +€8,277
up €8,277 (+90.3%), from €9,169 to €17,446
- Profit (loss) carried forward -€5,799
down €5,799 (-13.8%), from -€42,097 to -€47,896
- Staff costs -€1,335
no longer reported in 2025 (was €1,335)
- Gross operating margin -€1,276
down €1,276 (-95.9%), from -€1,330 to -€2,606
- Depreciation +€309
up €309 (+13.0%), from €2,377 to €2,685
- Other operating charges -€260
down €260 (-57.9%), from €449 to €189
- Financial charges -€80
down €80 (-29.1%), from €276 to €196
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 | €210,846 | €148,905 | -€61,941 | -29.4% |
| Fixed assets | 21/28 | €8,613 | €7,934 | -€679 | -7.9% |
| Tangible fixed assets | 22/27 | €8,613 | €7,934 | -€679 | -7.9% |
| Furniture and vehicles | 24 | €4,689 | €4,359 | -€330 | -7.0% |
| Other tangible fixed assets | 26 | €3,924 | €3,575 | -€349 | -8.9% |
| Current assets | 29/58 | €202,233 | €140,971 | -€61,262 | -30.3% |
| Amounts receivable within one year | 40/41 | €201,114 | €138,632 | -€62,482 | -31.1% |
| Trade receivables | 40 | €23,149 | €21,149 | -€2,000 | -8.6% |
| Other amounts receivable | 41 | €177,965 | €117,483 | -€60,482 | -34.0% |
| Cash at bank and in hand | 54/58 | €1,119 | €2,339 | +€1,220 | +109.0% |
| Total equity and liabilities | 10/49 | €210,846 | €148,905 | -€61,941 | -29.4% |
| Equity | 10/15 | -€23,497 | -€29,296 | -€5,799 | -24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,097 | -€47,896 | -€5,799 | -13.8% |
| Amounts payable | 17/49 | €234,343 | €178,200 | -€56,143 | -24.0% |
| Amounts payable within one year | 42/48 | €234,343 | €178,200 | -€56,143 | -24.0% |
| Trade debts | 44 | €224,242 | €160,755 | -€63,487 | -28.3% |
| Suppliers | 440/4 | €224,242 | €160,755 | -€63,487 | -28.3% |
| Taxes, remuneration and social security | 45 | €932 | - | -€932 | |
| Taxes | 450/3 | €932 | - | -€932 | |
| Other amounts payable | 47/48 | €9,169 | €17,446 | +€8,277 | +90.3% |
| Non-recurring operating income | 76A | - | €1,850 | +€1,850 | |
| Remuneration, social security and pensions | 62 | €1,335 | - | -€1,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,377 | €2,685 | +€309 | +13.0% |
| Other operating charges | 640/8 | €449 | €189 | -€260 | -57.9% |
| Gross operating margin | 9900 | -€1,330 | -€2,606 | -€1,276 | -95.9% |
| Operating profit (loss) | 9901 | -€5,491 | -€5,480 | +€10 | +0.2% |
| Financial income | 75/76B | €16 | €17 | +€1 | +5.0% |
| Recurring financial income | 75 | €16 | €17 | +€1 | +5.0% |
| Financial charges | 65/66B | €276 | €196 | -€80 | -29.1% |
| Recurring financial charges | 65 | €276 | €196 | -€80 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,750 | -€5,659 | +€91 | +1.6% |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | -€5,882 | -€5,799 | +€83 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,882 | -€5,799 | +€83 | +1.4% |
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 9 October 2026 via checked.be.