YK REN: 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 REN
Largest movements
- Receivables within one year -€9,660
down €9,660 (-77.9%), from €12,407 to €2,747
- Profit (loss) carried forward +€7,499
up €7,499, from -€3,676 to €3,823
- Short-term financial debts -€5,081
down €5,081 (-57.2%), from €8,887 to €3,806
- Accrued charges and deferred income -€4,000
no longer reported in 2024 (was €4,000)
- Debts after one year -€3,546
down €3,546 (-13.6%), from €25,999 to €22,453
- Trade debts -€2,485
down €2,485 (-64.5%), from €3,855 to €1,370
- Gross operating margin +€6,728
up €6,728 (+229%), from €2,938 to €9,666
- Financial charges -€443
down €443 (-19.4%), from €2,283 to €1,840
- Depreciation -€273
down €273 (-83.7%), from €326 to €53
- Other operating charges -€149
down €149 (-50.0%), from €298 to €149
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.
Derived cash bridge
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 | €61,526 | €51,788 | -€9,738 | -15.8% |
| Fixed assets | 21/28 | €45,085 | €45,589 | +€504 | +1.1% |
| Tangible fixed assets | 22/27 | €45,000 | €45,504 | +€504 | +1.1% |
| Land and buildings | 22 | €45,000 | €45,000 | = | 0.0% |
| Furniture and vehicles | 24 | - | €504 | +€504 | |
| Financial fixed assets | 28 | €85 | €85 | = | 0.0% |
| Current assets | 29/58 | €16,441 | €6,199 | -€10,242 | -62.3% |
| Amounts receivable within one year | 40/41 | €12,407 | €2,747 | -€9,660 | -77.9% |
| Trade receivables | 40 | €12,407 | €2,747 | -€9,660 | -77.9% |
| Cash at bank and in hand | 54/58 | €1,373 | €1,373 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €2,661 | €2,079 | -€582 | -21.9% |
| Total equity and liabilities | 10/49 | €61,526 | €51,788 | -€9,738 | -15.8% |
| Equity | 10/15 | €10,584 | €18,083 | +€7,499 | +70.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,676 | €3,823 | +€7,499 | |
| Amounts payable | 17/49 | €50,942 | €33,705 | -€17,237 | -33.8% |
| Amounts payable after more than one year | 17 | €25,999 | €22,453 | -€3,546 | -13.6% |
| Financial debts | 170/4 | €25,999 | €22,453 | -€3,546 | -13.6% |
| Amounts payable within one year | 42/48 | €20,943 | €11,252 | -€9,691 | -46.3% |
| Current portion of amounts payable after more than one year | 42 | €3,545 | €3,545 | = | 0.0% |
| Financial debts | 43 | €8,887 | €3,806 | -€5,081 | -57.2% |
| Credit institutions | 430/8 | €8,887 | €3,806 | -€5,081 | -57.2% |
| Trade debts | 44 | €3,855 | €1,370 | -€2,485 | -64.5% |
| Suppliers | 440/4 | €3,855 | €1,370 | -€2,485 | -64.5% |
| Taxes, remuneration and social security | 45 | €4,656 | €2,531 | -€2,125 | -45.6% |
| Taxes | 450/3 | €3,704 | €1,308 | -€2,396 | -64.7% |
| Remuneration and social security | 454/9 | €952 | €1,223 | +€271 | +28.5% |
| Accrued charges and deferred income | 492/3 | €4,000 | - | -€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €326 | €53 | -€273 | -83.7% |
| Other operating charges | 640/8 | €298 | €149 | -€149 | -50.0% |
| Gross operating margin | 9900 | €2,938 | €9,666 | +€6,728 | +229% |
| Operating profit (loss) | 9901 | €2,314 | €9,464 | +€7,150 | +309% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €2,283 | €1,840 | -€443 | -19.4% |
| Recurring financial charges | 65 | €2,283 | €1,840 | -€443 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €34 | €7,624 | +€7,590 | +22,324% |
| Income taxes | 67/77 | €50 | €125 | +€75 | +150% |
| Profit (loss) for the period | 9904 | -€16 | €7,499 | +€7,515 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16 | €7,499 | +€7,515 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.