YLAUCO: 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.
YLAUCO
Largest movements
- Cash +€43,442
up €43,442 (+20.4%), from €213,205 to €256,648
mainly Net result for the year (+€178,875) and Depreciation (+€44,179)
- Tangible fixed assets -€38,648
down €38,648 (-4.4%), from €886,906 to €848,258
of which Land and buildings: -€32,705
- Receivables within one year -€30,385
down €30,385 (-26.8%), from €113,438 to €83,054
of which Trade receivables: -€27,047
- Reserves +€178,875
up €178,875 (+83.0%), from €215,519 to €394,395
of which Distributable reserves: +€94,675
- Other debts -€171,575
down €171,575 (-75.1%), from €228,330 to €56,756
- Debts after one year -€51,839
down €51,839 (-7.5%), from €689,352 to €637,513
- Gross operating margin +€33,173
up €33,173 (+11.6%), from €286,829 to €320,002
- Other operating charges -€27,128
down €27,128 (-77.7%), from €34,925 to €7,797
- Taxes +€9,585
up €9,585 (+15.9%), from €60,328 to €69,913
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 | €1,218,230 | €1,194,855 | -€23,376 | -1.9% |
| Fixed assets | 21/28 | €886,906 | €848,258 | -€38,648 | -4.4% |
| Tangible fixed assets | 22/27 | €886,906 | €848,258 | -€38,648 | -4.4% |
| Land and buildings | 22 | €849,900 | €817,195 | -€32,705 | -3.8% |
| Furniture and vehicles | 24 | €37,006 | €31,063 | -€5,943 | -16.1% |
| Current assets | 29/58 | €331,324 | €346,596 | +€15,272 | +4.6% |
| Amounts receivable within one year | 40/41 | €113,438 | €83,054 | -€30,385 | -26.8% |
| Trade receivables | 40 | €109,739 | €82,692 | -€27,047 | -24.6% |
| Other amounts receivable | 41 | €3,700 | €362 | -€3,338 | -90.2% |
| Cash at bank and in hand | 54/58 | €213,205 | €256,648 | +€43,442 | +20.4% |
| Deferred charges and accrued income | 490/1 | €4,681 | €6,895 | +€2,214 | +47.3% |
| Total equity and liabilities | 10/49 | €1,218,230 | €1,194,855 | -€23,376 | -1.9% |
| Equity | 10/15 | €221,719 | €400,595 | +€178,875 | +80.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €215,519 | €394,395 | +€178,875 | +83.0% |
| Tax-exempt reserves | 132 | - | €84,200 | +€84,200 | |
| Distributable reserves | 133 | €215,519 | €310,195 | +€94,675 | +43.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €996,511 | €794,260 | -€202,251 | -20.3% |
| Amounts payable after more than one year | 17 | €689,352 | €637,513 | -€51,839 | -7.5% |
| Financial debts | 170/4 | €689,352 | €637,513 | -€51,839 | -7.5% |
| Amounts payable within one year | 42/48 | €307,159 | €156,747 | -€150,412 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | €50,686 | €51,839 | +€1,153 | +2.3% |
| Financial debts | 43 | €1,260 | €1,935 | +€675 | +53.5% |
| Credit institutions | 430/8 | €1,260 | €1,935 | +€675 | +53.5% |
| Trade debts | 44 | €2,855 | €11,442 | +€8,588 | +301% |
| Suppliers | 440/4 | €2,855 | €11,442 | +€8,588 | +301% |
| Taxes, remuneration and social security | 45 | €24,027 | €34,775 | +€10,747 | +44.7% |
| Taxes | 450/3 | €24,027 | €34,775 | +€10,747 | +44.7% |
| Other amounts payable | 47/48 | €228,330 | €56,756 | -€171,575 | -75.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,955 | €44,179 | +€1,224 | +2.8% |
| Other operating charges | 640/8 | €34,925 | €7,797 | -€27,128 | -77.7% |
| Gross operating margin | 9900 | €286,829 | €320,002 | +€33,173 | +11.6% |
| Operating profit (loss) | 9901 | €208,949 | €268,025 | +€59,076 | +28.3% |
| Financial income | 75/76B | €693 | €453 | -€239 | -34.5% |
| Recurring financial income | 75 | €693 | €453 | -€239 | -34.5% |
| Financial charges | 65/66B | €19,126 | €19,690 | +€564 | +2.9% |
| Recurring financial charges | 65 | €19,126 | €19,690 | +€564 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €190,515 | €248,788 | +€58,273 | +30.6% |
| Income taxes | 67/77 | €60,328 | €69,913 | +€9,585 | +15.9% |
| Profit (loss) for the period | 9904 | €130,187 | €178,875 | +€48,688 | +37.4% |
| Transfer to tax-exempt reserves | 689 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €130,187 | €94,675 | -€35,512 | -27.3% |
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 29 October 2026 via checked.be.