YNE MACHIELS: 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.
YNE MACHIELS
Largest movements
- Cash +€42,890
up €42,890 (+49.5%), from €86,614 to €129,504
mainly Net result for the year (+€88,017) and Depreciation (+€5,119)
- Receivables within one year +€8,367
new in 2025: €8,367
- Financial fixed assets +€3,304
up €3,304 (+3.3%), from €100,000 to €103,304
- Profit (loss) carried forward +€87,517
up €87,517 (+102%), from €85,482 to €172,999
- Debts after one year -€20,345
down €20,345 (-37.3%), from €54,539 to €34,194
- Tax, wage and social debts -€10,694
down €10,694 (-50.8%), from €21,061 to €10,367
of which Taxes: -€12,281
- Gross operating margin +€34,380
up €34,380 (+40.0%), from €85,998 to €120,378
- Taxes +€8,193
up €8,193 (+53.1%), from €15,426 to €23,619
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 | €193,835 | €250,048 | +€56,213 | +29.0% |
| Fixed assets | 21/28 | €107,094 | €110,833 | +€3,739 | +3.5% |
| Tangible fixed assets | 22/27 | €7,094 | €7,529 | +€435 | +6.1% |
| Plant, machinery and equipment | 23 | €2,497 | €2,232 | -€264 | -10.6% |
| Furniture and vehicles | 24 | €4,597 | €5,296 | +€699 | +15.2% |
| Financial fixed assets | 28 | €100,000 | €103,304 | +€3,304 | +3.3% |
| Current assets | 29/58 | €86,741 | €139,215 | +€52,474 | +60.5% |
| Amounts receivable within one year | 40/41 | - | €8,367 | +€8,367 | |
| Trade receivables | 40 | - | €8,367 | +€8,367 | |
| Cash at bank and in hand | 54/58 | €86,614 | €129,504 | +€42,890 | +49.5% |
| Deferred charges and accrued income | 490/1 | €127 | €1,344 | +€1,217 | +955% |
| Total equity and liabilities | 10/49 | €193,835 | €250,048 | +€56,213 | +29.0% |
| Equity | 10/15 | €88,482 | €175,999 | +€87,517 | +98.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,482 | €172,999 | +€87,517 | +102% |
| Amounts payable | 17/49 | €105,353 | €74,049 | -€31,304 | -29.7% |
| Amounts payable after more than one year | 17 | €54,539 | €34,194 | -€20,345 | -37.3% |
| Financial debts | 170/4 | €54,539 | €34,194 | -€20,345 | -37.3% |
| Amounts payable within one year | 42/48 | €48,416 | €37,113 | -€11,302 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €19,428 | €20,345 | +€917 | +4.7% |
| Trade debts | 44 | €964 | €1,038 | +€74 | +7.7% |
| Suppliers | 440/4 | €964 | €1,038 | +€74 | +7.7% |
| Taxes, remuneration and social security | 45 | €21,061 | €10,367 | -€10,694 | -50.8% |
| Taxes | 450/3 | €20,481 | €8,200 | -€12,281 | -60.0% |
| Remuneration and social security | 454/9 | €580 | €2,167 | +€1,587 | +274% |
| Other amounts payable | 47/48 | €6,963 | €5,363 | -€1,600 | -23.0% |
| Accrued charges and deferred income | 492/3 | €2,398 | €2,742 | +€343 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,306 | €5,119 | -€187 | -3.5% |
| Other operating charges | 640/8 | €871 | €782 | -€90 | -10.3% |
| Gross operating margin | 9900 | €85,998 | €120,378 | +€34,380 | +40.0% |
| Operating profit (loss) | 9901 | €79,821 | €114,478 | +€34,657 | +43.4% |
| Financial income | 75/76B | €230 | €552 | +€323 | +140% |
| Recurring financial income | 75 | €230 | €552 | +€323 | +140% |
| Financial charges | 65/66B | €4,314 | €3,394 | -€919 | -21.3% |
| Recurring financial charges | 65 | €4,314 | €3,394 | -€919 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €75,737 | €111,636 | +€35,899 | +47.4% |
| Income taxes | 67/77 | €15,426 | €23,619 | +€8,193 | +53.1% |
| Profit (loss) for the period | 9904 | €60,311 | €88,017 | +€27,706 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,311 | €88,017 | +€27,706 | +45.9% |
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 15 October 2026 via checked.be.