YKON: 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.
YKON
Largest movements
- Tangible fixed assets -€217,388
down €217,388 (-20.1%), from €1.1m to €863,091
of which Land and buildings: -€215,626
- Debts after one year -€805,000
down €805,000 (-83.2%), from €967,000 to €162,000
- Other debts +€575,737
up €575,737 (+275%), from €209,658 to €785,394
- Gross operating margin +€33,189
up €33,189 (+234%), from €14,188 to €47,378
- Financial charges +€25,455
up €25,455 (+54,044%), from €47 to €25,502
- Depreciation +€13,064
up €13,064 (+224%), from €5,830 to €18,894
- Taxes -€4,884
down €4,884 (-99.4%), from €4,912 to €28
- Financial income -€1,530
down €1,530 (-94.5%), from €1,620 to €89
of which Non-recurring financial income: -€850
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 | €1,185,743 | €958,381 | -€227,363 | -19.2% |
| Fixed assets | 21/28 | €1,080,479 | €863,091 | -€217,388 | -20.1% |
| Tangible fixed assets | 22/27 | €1,080,479 | €863,091 | -€217,388 | -20.1% |
| Land and buildings | 22 | €1,078,525 | €862,899 | -€215,626 | -20.0% |
| Plant, machinery and equipment | 23 | €1,255 | €193 | -€1,062 | -84.6% |
| Furniture and vehicles | 24 | €700 | - | -€700 | |
| Current assets | 29/58 | €105,264 | €95,289 | -€9,975 | -9.5% |
| Amounts receivable within one year | 40/41 | €101,543 | €90,526 | -€11,016 | -10.8% |
| Trade receivables | 40 | €32,957 | €36,526 | +€3,569 | +10.8% |
| Other amounts receivable | 41 | €68,585 | €54,000 | -€14,585 | -21.3% |
| Cash at bank and in hand | 54/58 | €3,721 | €4,763 | +€1,041 | +28.0% |
| Total equity and liabilities | 10/49 | €1,185,743 | €958,381 | -€227,363 | -19.2% |
| Equity | 10/15 | €2,291 | €2,338 | +€47 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€16,309 | -€16,262 | +€47 | +0.3% |
| Amounts payable | 17/49 | €1,183,452 | €956,042 | -€227,410 | -19.2% |
| Amounts payable after more than one year | 17 | €967,000 | €162,000 | -€805,000 | -83.2% |
| Financial debts | 170/4 | €967,000 | €162,000 | -€805,000 | -83.2% |
| Amounts payable within one year | 42/48 | €216,452 | €794,042 | +€577,590 | +267% |
| Trade debts | 44 | €6,794 | €6,717 | -€77 | -1.1% |
| Suppliers | 440/4 | €6,794 | €6,717 | -€77 | -1.1% |
| Taxes, remuneration and social security | 45 | - | €1,931 | +€1,931 | |
| Taxes | 450/3 | - | €1,931 | +€1,931 | |
| Other amounts payable | 47/48 | €209,658 | €785,394 | +€575,737 | +275% |
| Non-recurring operating income | 76A | - | €7,446 | +€7,446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,830 | €18,894 | +€13,064 | +224% |
| Other operating charges | 640/8 | €3,169 | €2,996 | -€173 | -5.5% |
| Gross operating margin | 9900 | €14,188 | €47,378 | +€33,189 | +234% |
| Operating profit (loss) | 9901 | €5,189 | €25,487 | +€20,298 | +391% |
| Financial income | 75/76B | €1,620 | €89 | -€1,530 | -94.5% |
| Recurring financial income | 75 | €769 | €89 | -€680 | -88.4% |
| Non-recurring financial income | 76B | €850 | - | -€850 | |
| Financial charges | 65/66B | €47 | €25,502 | +€25,455 | +54,044% |
| Recurring financial charges | 65 | €47 | €25,502 | +€25,455 | +54,044% |
| Profit (loss) for the period before taxes | 9903 | €6,762 | €75 | -€6,687 | -98.9% |
| Income taxes | 67/77 | €4,912 | €28 | -€4,884 | -99.4% |
| Profit (loss) for the period | 9904 | €1,850 | €47 | -€1,803 | -97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,850 | €47 | -€1,803 | -97.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.