YL Projects: 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.
YL Projects
Largest movements
- Cash +€9,967
up €9,967 (+21.1%), from €47,339 to €57,306
mainly Net result for the year (+€45,012) and Receivables within one year (+€5,770)
- Receivables within one year -€5,770
down €5,770 (-13.9%), from €41,657 to €35,888
of which Other amounts receivable: -€26,134
- Reserves +€43,912
up €43,912 (+235%), from €18,696 to €62,608
- Other debts -€41,210
down €41,210 (-97.0%), from €42,500 to €1,290
- Tax, wage and social debts +€1,076
up €1,076 (+4.7%), from €23,082 to €24,158
of which Taxes: +€1,058
- Gross operating margin -€19,000
down €19,000 (-24.9%), from €76,341 to €57,341
- Taxes -€3,848
down €3,848 (-24.8%), from €15,520 to €11,671
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 | €91,318 | €94,830 | +€3,512 | +3.8% |
| Fixed assets | 21/28 | €1,948 | €1,094 | -€854 | -43.8% |
| Tangible fixed assets | 22/27 | €1,948 | €1,094 | -€854 | -43.8% |
| Plant, machinery and equipment | 23 | €1,948 | €1,094 | -€854 | -43.8% |
| Current assets | 29/58 | €89,370 | €93,736 | +€4,366 | +4.9% |
| Amounts receivable within one year | 40/41 | €41,657 | €35,888 | -€5,770 | -13.9% |
| Trade receivables | 40 | €13,534 | €33,898 | +€20,364 | +150% |
| Other amounts receivable | 41 | €28,124 | €1,989 | -€26,134 | -92.9% |
| Cash at bank and in hand | 54/58 | €47,339 | €57,306 | +€9,967 | +21.1% |
| Deferred charges and accrued income | 490/1 | €374 | €543 | +€168 | +45.0% |
| Total equity and liabilities | 10/49 | €91,318 | €94,830 | +€3,512 | +3.8% |
| Equity | 10/15 | €23,696 | €67,608 | +€43,912 | +185% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,696 | €62,608 | +€43,912 | +235% |
| Distributable reserves | 133 | €18,696 | €62,608 | +€43,912 | +235% |
| Amounts payable | 17/49 | €67,622 | €27,222 | -€40,400 | -59.7% |
| Amounts payable within one year | 42/48 | €67,559 | €27,156 | -€40,402 | -59.8% |
| Trade debts | 44 | €1,977 | €1,708 | -€269 | -13.6% |
| Suppliers | 440/4 | €1,977 | €1,708 | -€269 | -13.6% |
| Taxes, remuneration and social security | 45 | €23,082 | €24,158 | +€1,076 | +4.7% |
| Taxes | 450/3 | €20,208 | €21,267 | +€1,058 | +5.2% |
| Remuneration and social security | 454/9 | €2,874 | €2,892 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €42,500 | €1,290 | -€41,210 | -97.0% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €613 | €854 | +€240 | +39.2% |
| Other operating charges | 640/8 | - | €450 | +€450 | |
| Gross operating margin | 9900 | €76,341 | €57,341 | -€19,000 | -24.9% |
| Operating profit (loss) | 9901 | €75,727 | €56,037 | -€19,690 | -26.0% |
| Financial income | 75/76B | €1,093 | €829 | -€265 | -24.2% |
| Recurring financial income | 75 | €1,093 | €829 | -€265 | -24.2% |
| Financial charges | 65/66B | €105 | €182 | +€77 | +74.0% |
| Recurring financial charges | 65 | €105 | €182 | +€77 | +74.0% |
| Profit (loss) for the period before taxes | 9903 | €76,716 | €56,684 | -€20,032 | -26.1% |
| Income taxes | 67/77 | €15,520 | €11,671 | -€3,848 | -24.8% |
| Profit (loss) for the period | 9904 | €61,196 | €45,012 | -€16,183 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €61,196 | €45,012 | -€16,183 | -26.4% |
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 30 October 2026 via checked.be.