YNOVA: 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.
YNOVA
Largest movements
- Cash -€19,447
down €19,447 (-58.4%), from €33,297 to €13,850
mainly Trade debts (-€43,059) and Debts after one year (-€17,200)
- Tangible fixed assets -€15,647
down €15,647 (-70.6%), from €22,161 to €6,514
- Receivables within one year +€12,660
up €12,660 (+6.1%), from €208,918 to €221,578
of which Other amounts receivable: +€33,171
- Trade debts -€43,059
down €43,059 (-93.5%), from €46,040 to €2,981
- Profit (loss) carried forward +€25,543
up €25,543 (+21.7%), from €117,969 to €143,512
- Debts after one year -€17,200
down €17,200 (-61.1%), from €28,138 to €10,938
- Tax, wage and social debts +€7,860
up €7,860 (+10.2%), from €76,937 to €84,797
of which Taxes: +€9,999
- Purchases and services -€204,816
no longer reported in 2024 (was €204,816)
- Gross operating margin +€80,556
up €80,556, from -€6,475 to €74,081
- Staff costs -€12,290
no longer reported in 2024 (was €12,290)
- Taxes +€9,314
up €9,314 (+260%), from €3,587 to €12,901
- Other operating charges +€6,172
up €6,172 (+324%), from €1,907 to €8,079
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.
Derived cash bridge
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 | €361,558 | €337,449 | -€24,109 | -6.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €23,583 | €7,936 | -€15,647 | -66.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €22,161 | €6,514 | -€15,647 | -70.6% |
| Furniture and vehicles | 24 | €22,161 | €6,514 | -€15,647 | -70.6% |
| Financial fixed assets | 28 | €1,422 | €1,422 | +€0 | 0.0% |
| Current assets | 29/58 | €337,975 | €329,512 | -€8,463 | -2.5% |
| Amounts receivable after more than one year | 29 | €40,800 | €40,800 | = | 0.0% |
| Other amounts receivable | 291 | €40,800 | €40,800 | = | 0.0% |
| Stocks and contracts in progress | 3 | €54,960 | €53,284 | -€1,676 | -3.0% |
| Stocks | 30/36 | €54,960 | €53,284 | -€1,676 | -3.0% |
| Amounts receivable within one year | 40/41 | €208,918 | €221,578 | +€12,660 | +6.1% |
| Trade receivables | 40 | €102,111 | €81,600 | -€20,511 | -20.1% |
| Other amounts receivable | 41 | €106,807 | €139,978 | +€33,171 | +31.1% |
| Cash at bank and in hand | 54/58 | €33,297 | €13,850 | -€19,447 | -58.4% |
| Total equity and liabilities | 10/49 | €361,558 | €337,449 | -€24,109 | -6.7% |
| Equity | 10/15 | €126,029 | €151,572 | +€25,543 | +20.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,969 | €143,512 | +€25,543 | +21.7% |
| Amounts payable | 17/49 | €235,529 | €185,877 | -€49,652 | -21.1% |
| Amounts payable after more than one year | 17 | €28,138 | €10,938 | -€17,200 | -61.1% |
| Financial debts | 170/4 | €28,138 | €10,938 | -€17,200 | -61.1% |
| Amounts payable within one year | 42/48 | €207,391 | €174,938 | -€32,453 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €16,362 | €16,535 | +€173 | +1.1% |
| Financial debts | 43 | €68,052 | €70,625 | +€2,573 | +3.8% |
| Credit institutions | 430/8 | €68,052 | €70,625 | +€2,573 | +3.8% |
| Trade debts | 44 | €46,040 | €2,981 | -€43,059 | -93.5% |
| Suppliers | 440/4 | €46,040 | €2,981 | -€43,059 | -93.5% |
| Taxes, remuneration and social security | 45 | €76,937 | €84,797 | +€7,860 | +10.2% |
| Taxes | 450/3 | €74,798 | €84,797 | +€9,999 | +13.4% |
| Remuneration and social security | 454/9 | €2,139 | - | -€2,139 | |
| Goods, raw materials, services and sundry goods | 60/61 | €204,816 | - | -€204,816 | |
| Remuneration, social security and pensions | 62 | €12,290 | - | -€12,290 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,931 | €5,057 | +€3,126 | +162% |
| Other operating charges | 640/8 | €1,907 | €8,079 | +€6,172 | +324% |
| Non-recurring operating charges | 66A | - | €10,590 | +€10,590 | |
| Gross operating margin | 9900 | -€6,475 | €74,081 | +€80,556 | |
| Operating profit (loss) | 9901 | -€22,603 | €50,355 | +€72,958 | |
| Financial income | 75/76B | €1 | €45 | +€44 | +4,400% |
| Recurring financial income | 75 | €1 | €45 | +€44 | +4,400% |
| Financial charges | 65/66B | €7,000 | €11,955 | +€4,955 | +70.8% |
| Recurring financial charges | 65 | €7,000 | €11,955 | +€4,955 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | -€29,602 | €38,444 | +€68,046 | |
| Income taxes | 67/77 | €3,587 | €12,901 | +€9,314 | +260% |
| Profit (loss) for the period | 9904 | -€33,189 | €25,543 | +€58,732 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,189 | €25,543 | +€58,732 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.