YNN 18: 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.
YNN 18
Largest movements
- Cash -€12,779
down €12,779 (-57.0%), from €22,434 to €9,655
mainly Investment in fixed assets (net) (-€16,089) and Debts after one year (-€10,581)
- Receivables within one year +€2,447
up €2,447 (+188.0%), from €1,302 to €3,749
- Deferred charges and accrued income -€1,514
down €1,514 (-99.8%), from €1,518 to €4
- Stocks and contracts -€1,422
down €1,422 (-18.2%), from €7,835 to €6,413
- Trade debts +€10,798
up €10,798 (+85.8%), from €12,583 to €23,381
- Debts after one year -€10,581
down €10,581 (-25.3%), from €41,876 to €31,295
- Other debts -€9,389
down €9,389 (-23.3%), from €40,304 to €30,915
- Profit (loss) carried forward -€6,882
down €6,882 (-21.7%), from -€31,648 to -€38,530
- Tax, wage and social debts +€2,263
up €2,263 (+9.0%), from €25,019 to €27,282
of which Remuneration and social security: +€7,788
- Gross operating margin +€104,344
up €104,344 (+266.6%), from €39,137 to €143,481
- Staff costs +€74,945
up €74,945 (+139.7%), from €53,662 to €128,608
- Depreciation +€6,721
up €6,721 (+69.5%), from €9,671 to €16,392
- Other operating charges -€3,330
down €3,330 (-89.6%), from €3,715 to €385
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.
Cash bridge derived
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 | €104,893 | €91,323 | -€13,570 | -12.9% |
| Fixed assets | 21/28 | €71,805 | €71,502 | -€303 | -0.4% |
| Intangible fixed assets | 21 | €1,180 | €730 | -€450 | -38.1% |
| Tangible fixed assets | 22/27 | €70,113 | €70,261 | +€147 | +0.2% |
| Plant, machinery and equipment | 23 | €49,066 | €46,547 | -€2,519 | -5.1% |
| Furniture and vehicles | 24 | €8,256 | €9,508 | +€1,252 | +15.2% |
| Other tangible fixed assets | 26 | €12,791 | €14,206 | +€1,415 | +11.1% |
| Financial fixed assets | 28 | €511 | €511 | = | 0.0% |
| Current assets | 29/58 | €33,088 | €19,821 | -€13,268 | -40.1% |
| Stocks and contracts in progress | 3 | €7,835 | €6,413 | -€1,422 | -18.2% |
| Stocks | 30/36 | €7,835 | €6,413 | -€1,422 | -18.2% |
| Amounts receivable within one year | 40/41 | €1,302 | €3,749 | +€2,447 | +188.0% |
| Trade receivables | 40 | €1,302 | €3,749 | +€2,447 | +188.0% |
| Cash at bank and in hand | 54/58 | €22,434 | €9,655 | -€12,779 | -57.0% |
| Deferred charges and accrued income | 490/1 | €1,518 | €4 | -€1,514 | -99.8% |
| Total equity and liabilities | 10/49 | €104,893 | €91,323 | -€13,570 | -12.9% |
| Equity | 10/15 | -€26,648 | -€33,530 | -€6,882 | -25.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,648 | -€38,530 | -€6,882 | -21.7% |
| Amounts payable | 17/49 | €131,541 | €124,853 | -€6,688 | -5.1% |
| Amounts payable after more than one year | 17 | €41,876 | €31,295 | -€10,581 | -25.3% |
| Financial debts | 170/4 | €41,876 | €31,295 | -€10,581 | -25.3% |
| Amounts payable within one year | 42/48 | €89,665 | €93,559 | +€3,894 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €11,760 | €11,981 | +€222 | +1.9% |
| Trade debts | 44 | €12,583 | €23,381 | +€10,798 | +85.8% |
| Suppliers | 440/4 | €12,583 | €23,381 | +€10,798 | +85.8% |
| Taxes, remuneration and social security | 45 | €25,019 | €27,282 | +€2,263 | +9.0% |
| Taxes | 450/3 | €9,654 | €4,129 | -€5,525 | -57.2% |
| Remuneration and social security | 454/9 | €15,365 | €23,153 | +€7,788 | +50.7% |
| Other amounts payable | 47/48 | €40,304 | €30,915 | -€9,389 | -23.3% |
| Remuneration, social security and pensions | 62 | €53,662 | €128,608 | +€74,945 | +139.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,671 | €16,392 | +€6,721 | +69.5% |
| Other operating charges | 640/8 | €3,715 | €385 | -€3,330 | -89.6% |
| Gross operating margin | 9900 | €39,137 | €143,481 | +€104,344 | +266.6% |
| Operating profit (loss) | 9901 | -€27,910 | -€1,903 | +€26,008 | +93.2% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €3,738 | €4,983 | +€1,246 | +33.3% |
| Recurring financial charges | 65 | €3,738 | €4,983 | +€1,246 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | -€31,648 | -€6,882 | +€24,765 | +78.3% |
| Profit (loss) for the period | 9904 | -€31,648 | -€6,882 | +€24,765 | +78.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,648 | -€6,882 | +€24,765 | +78.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.