YNB: what changed
Two fiscal 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.
YNB
Largest movements
- Cash -€60,049
down €60,049 (-64.5%), from €93,120 to €33,071
mainly Trade debts (-€76,947) and Debts after one year (-€40,746)
- Stocks and contracts +€8,622
up €8,622 (+1.5%), from €579,980 to €588,601
- Receivables within one year -€7,706
down €7,706 (-24.2%), from €31,844 to €24,138
of which Trade receivables: -€9,032
- Trade debts -€76,947
down €76,947 (-47.1%), from €163,425 to €86,478
- Debts after one year -€40,746
down €40,746 (-14.9%), from €273,034 to €232,289
- Profit (loss) carried forward +€33,834
up €33,834 (+20.9%), from €161,500 to €195,333
- Tax, wage and social debts +€17,361
up €17,361 (+58.3%), from €29,766 to €47,126
of which Taxes: +€18,872
- Gross operating margin +€48,857
up €48,857 (+71.5%), from €68,305 to €117,161
- Staff costs -€42,378
down €42,378 (-49.6%), from €85,368 to €42,990
- Financial charges +€11,770
up €11,770 (+96.3%), from €12,218 to €23,988
- Taxes +€7,746
up €7,746 (+2861.8%), from €271 to €8,017
- Other operating charges +€2,093
up €2,093 (+101.8%), from €2,056 to €4,150
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.
Cash bridge derived
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 | €730,478 | €667,251 | -€63,227 | -8.7% |
| Fixed assets | 21/28 | €21,317 | €17,106 | -€4,212 | -19.8% |
| Tangible fixed assets | 22/27 | €21,228 | €17,016 | -€4,212 | -19.8% |
| Furniture and vehicles | 24 | €2,964 | €1,784 | -€1,180 | -39.8% |
| Other tangible fixed assets | 26 | €18,264 | €15,232 | -€3,032 | -16.6% |
| Financial fixed assets | 28 | €89 | €89 | = | 0.0% |
| Current assets | 29/58 | €709,161 | €650,145 | -€59,016 | -8.3% |
| Stocks and contracts in progress | 3 | €579,980 | €588,601 | +€8,622 | +1.5% |
| Stocks | 30/36 | €579,980 | €588,601 | +€8,622 | +1.5% |
| Amounts receivable within one year | 40/41 | €31,844 | €24,138 | -€7,706 | -24.2% |
| Trade receivables | 40 | €24,034 | €15,002 | -€9,032 | -37.6% |
| Other amounts receivable | 41 | €7,810 | €9,137 | +€1,326 | +17.0% |
| Cash at bank and in hand | 54/58 | €93,120 | €33,071 | -€60,049 | -64.5% |
| Deferred charges and accrued income | 490/1 | €4,217 | €4,335 | +€118 | +2.8% |
| Total equity and liabilities | 10/49 | €730,478 | €667,251 | -€63,227 | -8.7% |
| Equity | 10/15 | €189,000 | €222,833 | +€33,834 | +17.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,500 | €195,333 | +€33,834 | +20.9% |
| Amounts payable | 17/49 | €541,478 | €444,418 | -€97,061 | -17.9% |
| Amounts payable after more than one year | 17 | €273,034 | €232,289 | -€40,746 | -14.9% |
| Financial debts | 170/4 | €273,034 | €232,289 | -€40,746 | -14.9% |
| Amounts payable within one year | 42/48 | €268,444 | €212,129 | -€56,315 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €40,438 | €42,499 | +€2,061 | +5.1% |
| Financial debts | 43 | €9,907 | €4,944 | -€4,963 | -50.1% |
| Other loans | 439 | €9,907 | €4,944 | -€4,963 | -50.1% |
| Trade debts | 44 | €163,425 | €86,478 | -€76,947 | -47.1% |
| Suppliers | 440/4 | €163,425 | €86,478 | -€76,947 | -47.1% |
| Taxes, remuneration and social security | 45 | €29,766 | €47,126 | +€17,361 | +58.3% |
| Taxes | 450/3 | €14,333 | €33,205 | +€18,872 | +131.7% |
| Remuneration and social security | 454/9 | €15,432 | €13,921 | -€1,511 | -9.8% |
| Other amounts payable | 47/48 | €24,908 | €31,082 | +€6,174 | +24.8% |
| Remuneration, social security and pensions | 62 | €85,368 | €42,990 | -€42,378 | -49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,504 | €4,212 | +€708 | +20.2% |
| Other operating charges | 640/8 | €2,056 | €4,150 | +€2,093 | +101.8% |
| Gross operating margin | 9900 | €68,305 | €117,161 | +€48,857 | +71.5% |
| Operating profit (loss) | 9901 | -€22,623 | €65,810 | +€88,433 | |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €12,218 | €23,988 | +€11,770 | +96.3% |
| Recurring financial charges | 65 | €12,218 | €23,988 | +€11,770 | +96.3% |
| Profit (loss) for the period before taxes | 9903 | -€34,842 | €41,850 | +€76,692 | |
| Income taxes | 67/77 | €271 | €8,017 | +€7,746 | +2861.8% |
| Profit (loss) for the period | 9904 | -€35,112 | €33,834 | +€68,946 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,112 | €33,834 | +€68,946 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.