YOLEX: 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.
YOLEX
Largest movements
- Cash +€33,455
up €33,455 (+379.9%), from €8,806 to €42,262
mainly Net result for the year (+€35,058) and Tax, wage and social debts (+€23,254)
- Receivables within one year +€16,566
up €16,566 (+86.3%), from €19,187 to €35,753
of which Other amounts receivable: +€16,569
- Deferred charges and accrued income +€1,267
up €1,267, from €0 to €1,267
- Profit (loss) carried forward +€35,058
up €35,058, from -€24,694 to €10,363
- Tax, wage and social debts +€23,254
up €23,254 (+2956.5%), from €787 to €24,041
of which Taxes: +€17,538
- Trade debts -€15,933
down €15,933 (-63.4%), from €25,113 to €9,179
- Other debts +€11,136
up €11,136 (+271.2%), from €4,107 to €15,242
- Debts after one year -€4,139
down €4,139 (-59.5%), from €6,959 to €2,820
- Gross operating margin +€74,738
up €74,738 (+798.5%), from €9,360 to €84,098
- Staff costs +€41,256
up €41,256 (+154805.1%), from €27 to €41,282
- Depreciation -€8,109
down €8,109 (-62.2%), from €13,044 to €4,935
- Financial charges +€2,121
up €2,121 (+389.8%), from €544 to €2,665
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,303 | €98,785 | +€49,482 | +100.4% |
| Fixed assets | 21/28 | €15,425 | €14,079 | -€1,346 | -8.7% |
| Intangible fixed assets | 21 | €1,719 | €863 | -€856 | -49.8% |
| Tangible fixed assets | 22/27 | €13,406 | €12,916 | -€490 | -3.7% |
| Plant, machinery and equipment | 23 | €8,016 | €5,413 | -€2,603 | -32.5% |
| Furniture and vehicles | 24 | €3,751 | €6,030 | +€2,278 | +60.7% |
| Other tangible fixed assets | 26 | €1,639 | €1,473 | -€165 | -10.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €33,878 | €84,706 | +€50,828 | +150.0% |
| Stocks and contracts in progress | 3 | €5,884 | €5,424 | -€460 | -7.8% |
| Stocks | 30/36 | €5,884 | €5,424 | -€460 | -7.8% |
| Amounts receivable within one year | 40/41 | €19,187 | €35,753 | +€16,566 | +86.3% |
| Trade receivables | 40 | €3,979 | €3,976 | -€3 | -0.1% |
| Other amounts receivable | 41 | €15,208 | €31,777 | +€16,569 | +109.0% |
| Cash at bank and in hand | 54/58 | €8,806 | €42,262 | +€33,455 | +379.9% |
| Deferred charges and accrued income | 490/1 | €0 | €1,267 | +€1,267 | |
| Total equity and liabilities | 10/49 | €49,303 | €98,785 | +€49,482 | +100.4% |
| Equity | 10/15 | €8,306 | €43,363 | +€35,058 | +422.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,694 | €10,363 | +€35,058 | |
| Amounts payable | 17/49 | €40,997 | €55,421 | +€14,424 | +35.2% |
| Amounts payable after more than one year | 17 | €6,959 | €2,820 | -€4,139 | -59.5% |
| Financial debts | 170/4 | €6,959 | €2,820 | -€4,139 | -59.5% |
| Amounts payable within one year | 42/48 | €34,038 | €52,601 | +€18,563 | +54.5% |
| Current portion of amounts payable after more than one year | 42 | €4,032 | €4,139 | +€107 | +2.6% |
| Trade debts | 44 | €25,113 | €9,179 | -€15,933 | -63.4% |
| Suppliers | 440/4 | €25,113 | €9,179 | -€15,933 | -63.4% |
| Taxes, remuneration and social security | 45 | €787 | €24,041 | +€23,254 | +2956.5% |
| Taxes | 450/3 | €787 | €18,325 | +€17,538 | +2229.8% |
| Remuneration and social security | 454/9 | €0 | €5,716 | +€5,716 | |
| Other amounts payable | 47/48 | €4,107 | €15,242 | +€11,136 | +271.2% |
| Remuneration, social security and pensions | 62 | €27 | €41,282 | +€41,256 | +154805.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,044 | €4,935 | -€8,109 | -62.2% |
| Other operating charges | 640/8 | €1,021 | €1,324 | +€303 | +29.7% |
| Non-recurring operating charges | 66A | €24,782 | - | -€24,782 | |
| Gross operating margin | 9900 | €9,360 | €84,098 | +€74,738 | +798.5% |
| Operating profit (loss) | 9901 | -€29,514 | €36,557 | +€66,070 | |
| Financial income | 75/76B | €893 | €1,525 | +€632 | +70.7% |
| Recurring financial income | 75 | €893 | €1,525 | +€632 | +70.7% |
| Financial charges | 65/66B | €544 | €2,665 | +€2,121 | +389.8% |
| Recurring financial charges | 65 | €544 | €2,665 | +€2,121 | +389.8% |
| Profit (loss) for the period before taxes | 9903 | -€29,165 | €35,416 | +€64,581 | |
| Income taxes | 67/77 | €351 | €359 | +€8 | +2.2% |
| Profit (loss) for the period | 9904 | -€29,516 | €35,058 | +€64,573 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,516 | €35,058 | +€64,573 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.