YNSE DE SMET: 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.
YNSE DE SMET
Largest movements
- Cash +€30,882
up €30,882 (+76.9%), from €40,143 to €71,025
mainly Depreciation (+€13,930) and Net result for the year (+€9,771)
- Tangible fixed assets -€13,930
down €13,930 (-60.3%), from €23,117 to €9,187
of which Furniture and vehicles: -€12,157
- Deferred charges and accrued income -€1,482
down €1,482 (-85.3%), from €1,738 to €256
- Reserves +€8,105
up €8,105 (+52.8%), from €15,354 to €23,459
- Other debts +€4,690
up €4,690 (+11.4%), from €41,028 to €45,718
- Accrued charges and deferred income +€2,709
up €2,709 (+675%), from €401 to €3,111
- Gross operating margin -€2,397
down €2,397 (-7.4%), from €32,277 to €29,880
- Financial charges +€1,478
up €1,478 (+240%), from €617 to €2,095
- Taxes -€792
down €792 (-19.6%), from €4,048 to €3,256
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 | €64,998 | €80,468 | +€15,470 | +23.8% |
| Fixed assets | 21/28 | €23,117 | €9,187 | -€13,930 | -60.3% |
| Tangible fixed assets | 22/27 | €23,117 | €9,187 | -€13,930 | -60.3% |
| Plant, machinery and equipment | 23 | €2,052 | €679 | -€1,373 | -66.9% |
| Furniture and vehicles | 24 | €19,699 | €7,542 | -€12,157 | -61.7% |
| Other tangible fixed assets | 26 | €1,367 | €967 | -€400 | -29.3% |
| Current assets | 29/58 | €41,881 | €71,281 | +€29,400 | +70.2% |
| Cash at bank and in hand | 54/58 | €40,143 | €71,025 | +€30,882 | +76.9% |
| Deferred charges and accrued income | 490/1 | €1,738 | €256 | -€1,482 | -85.3% |
| Total equity and liabilities | 10/49 | €64,998 | €80,468 | +€15,470 | +23.8% |
| Equity | 10/15 | €18,354 | €26,459 | +€8,105 | +44.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,354 | €23,459 | +€8,105 | +52.8% |
| Distributable reserves | 133 | €15,354 | €23,459 | +€8,105 | +52.8% |
| Amounts payable | 17/49 | €46,644 | €54,010 | +€7,365 | +15.8% |
| Amounts payable within one year | 42/48 | €46,243 | €50,899 | +€4,656 | +10.1% |
| Trade debts | 44 | €994 | €1,550 | +€556 | +55.9% |
| Suppliers | 440/4 | €994 | €1,550 | +€556 | +55.9% |
| Taxes, remuneration and social security | 45 | €4,220 | €3,631 | -€590 | -14.0% |
| Taxes | 450/3 | €4,220 | €3,631 | -€590 | -14.0% |
| Other amounts payable | 47/48 | €41,028 | €45,718 | +€4,690 | +11.4% |
| Accrued charges and deferred income | 492/3 | €401 | €3,111 | +€2,709 | +675% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,930 | €13,930 | = | 0.0% |
| Other operating charges | 640/8 | €760 | €884 | +€123 | +16.2% |
| Gross operating margin | 9900 | €32,277 | €29,880 | -€2,397 | -7.4% |
| Operating profit (loss) | 9901 | €17,587 | €15,066 | -€2,520 | -14.3% |
| Financial income | 75/76B | - | €55 | +€55 | |
| Recurring financial income | 75 | - | €55 | +€55 | |
| Financial charges | 65/66B | €617 | €2,095 | +€1,478 | +240% |
| Recurring financial charges | 65 | €617 | €2,095 | +€1,478 | +240% |
| Profit (loss) for the period before taxes | 9903 | €16,970 | €13,027 | -€3,943 | -23.2% |
| Income taxes | 67/77 | €4,048 | €3,256 | -€792 | -19.6% |
| Profit (loss) for the period | 9904 | €12,921 | €9,771 | -€3,151 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,921 | €9,771 | -€3,151 | -24.4% |
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 19 October 2026 via checked.be.