YKARA: 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.
YKARA
Largest movements
- Tangible fixed assets -€20,326
down €20,326 (-4.0%), from €514,009 to €493,683
of which Land and buildings: -€16,174
- Cash +€12,231
up €12,231 (+26.5%), from €46,153 to €58,383
mainly Net result for the year (+€33,986) and Depreciation (+€23,511)
- Stocks and contracts -€9,551
down €9,551 (-37.3%), from €25,612 to €16,061
- Reserves +€33,986
up €33,986 (+33.5%), from €101,373 to €135,359
of which Distributable reserves: +€33,986
- Other debts -€32,617
down €32,617 (-43.0%), from €75,883 to €43,266
- Debts after one year -€29,413
down €29,413 (-8.6%), from €343,398 to €313,986
- Tax, wage and social debts -€6,664
down €6,664 (-16.0%), from €41,667 to €35,003
of which Remuneration and social security: -€4,782
- Staff costs -€12,751
down €12,751 (-8.6%), from €148,134 to €135,383
- Taxes +€2,475
up €2,475 (+20.6%), from €11,993 to €14,467
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 | €592,889 | €570,352 | -€22,537 | -3.8% |
| Fixed assets | 21/28 | €514,009 | €493,683 | -€20,326 | -4.0% |
| Tangible fixed assets | 22/27 | €514,009 | €493,683 | -€20,326 | -4.0% |
| Land and buildings | 22 | €329,427 | €313,253 | -€16,174 | -4.9% |
| Furniture and vehicles | 24 | €554 | €3,014 | +€2,460 | +444.0% |
| Other tangible fixed assets | 26 | €184,028 | €177,416 | -€6,612 | -3.6% |
| Current assets | 29/58 | €78,880 | €76,669 | -€2,211 | -2.8% |
| Stocks and contracts in progress | 3 | €25,612 | €16,061 | -€9,551 | -37.3% |
| Stocks | 30/36 | €25,612 | €16,061 | -€9,551 | -37.3% |
| Amounts receivable within one year | 40/41 | €3,007 | €80 | -€2,927 | -97.3% |
| Other amounts receivable | 41 | €3,007 | €80 | -€2,927 | -97.3% |
| Cash at bank and in hand | 54/58 | €46,153 | €58,383 | +€12,231 | +26.5% |
| Deferred charges and accrued income | 490/1 | €4,108 | €2,144 | -€1,964 | -47.8% |
| Total equity and liabilities | 10/49 | €592,889 | €570,352 | -€22,537 | -3.8% |
| Equity | 10/15 | €101,473 | €135,459 | +€33,986 | +33.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €101,373 | €135,359 | +€33,986 | +33.5% |
| Tax-exempt reserves | 132 | €18,700 | €18,700 | = | 0.0% |
| Distributable reserves | 133 | €82,673 | €116,659 | +€33,986 | +41.1% |
| Amounts payable | 17/49 | €491,416 | €434,893 | -€56,523 | -11.5% |
| Amounts payable after more than one year | 17 | €343,398 | €313,986 | -€29,413 | -8.6% |
| Financial debts | 170/4 | €343,398 | €313,986 | -€29,413 | -8.6% |
| Amounts payable within one year | 42/48 | €148,018 | €116,179 | -€31,839 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €27,459 | €29,052 | +€1,593 | +5.8% |
| Trade debts | 44 | €3,009 | €8,858 | +€5,850 | +194.4% |
| Suppliers | 440/4 | €3,009 | €8,858 | +€5,850 | +194.4% |
| Taxes, remuneration and social security | 45 | €41,667 | €35,003 | -€6,664 | -16.0% |
| Taxes | 450/3 | €18,731 | €16,849 | -€1,882 | -10.0% |
| Remuneration and social security | 454/9 | €22,936 | €18,153 | -€4,782 | -20.9% |
| Other amounts payable | 47/48 | €75,883 | €43,266 | -€32,617 | -43.0% |
| Accrued charges and deferred income | 492/3 | - | €4,729 | +€4,729 | |
| Remuneration, social security and pensions | 62 | €148,134 | €135,383 | -€12,751 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,375 | €23,511 | +€135 | +0.6% |
| Other operating charges | 640/8 | €3,455 | €3,500 | +€45 | +1.3% |
| Gross operating margin | 9900 | €230,959 | €228,884 | -€2,075 | -0.9% |
| Operating profit (loss) | 9901 | €55,995 | €66,491 | +€10,496 | +18.7% |
| Financial income | 75/76B | €1,502 | €1,501 | -€1 | -0.1% |
| Recurring financial income | 75 | €1,502 | €1,501 | -€1 | -0.1% |
| Financial charges | 65/66B | €18,356 | €19,538 | +€1,182 | +6.4% |
| Recurring financial charges | 65 | €18,356 | €19,538 | +€1,182 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €39,141 | €48,453 | +€9,313 | +23.8% |
| Income taxes | 67/77 | €11,993 | €14,467 | +€2,475 | +20.6% |
| Profit (loss) for the period | 9904 | €27,148 | €33,986 | +€6,838 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,148 | €33,986 | +€6,838 | +25.2% |
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 12 October 2026 via checked.be.