YOLK: 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.
YOLK
Largest movements
- Receivables within one year -€296,012
down €296,012 (-26.2%), from €1.1m to €835,135
of which Trade receivables: -€1.0m
- Intangible fixed assets -€168,623
down €168,623 (-46.7%), from €361,295 to €192,672
- Deferred charges and accrued income +€109,500
up €109,500 (+408.7%), from €26,794 to €136,295
- Other debts -€462,757
down €462,757 (-24.3%), from €1.9m to €1.4m
- Trade debts +€191,011
up €191,011 (+146.4%), from €130,489 to €321,500
- Profit (loss) carried forward -€113,322
down €113,322 (-9.9%), from -€1.1m to -€1.3m
- Debts after one year +€32,640
up €32,640 (+8.2%), from €400,000 to €432,640
- Tax, wage and social debts +€16,939
up €16,939 (+27.5%), from €61,534 to €78,473
of which Remuneration and social security: +€13,199
- Gross operating margin +€172,013
up €172,013 (+48.1%), from €357,340 to €529,353
- Depreciation -€49,135
down €49,135 (-22.3%), from €220,420 to €171,284
- Other operating charges -€43,707
down €43,707 (-100.0%), from €43,707 to €0
- Financial income +€10,176
up €10,176 (+1913.1%), from €532 to €10,708
- Financial charges +€9,221
up €9,221 (+15.1%), from €60,895 to €70,117
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 | €1,534,310 | €1,188,199 | -€346,111 | -22.6% |
| Fixed assets | 21/28 | €369,111 | €199,079 | -€170,032 | -46.1% |
| Intangible fixed assets | 21 | €361,295 | €192,672 | -€168,623 | -46.7% |
| Tangible fixed assets | 22/27 | €7,816 | €6,358 | -€1,459 | -18.7% |
| Plant, machinery and equipment | 23 | €872 | €319 | -€552 | -63.4% |
| Furniture and vehicles | 24 | €4,304 | €3,557 | -€747 | -17.3% |
| Other tangible fixed assets | 26 | €2,641 | €2,481 | -€160 | -6.0% |
| Financial fixed assets | 28 | - | €50 | +€50 | |
| Current assets | 29/58 | €1,165,199 | €989,120 | -€176,079 | -15.1% |
| Amounts receivable within one year | 40/41 | €1,131,148 | €835,135 | -€296,012 | -26.2% |
| Trade receivables | 40 | €1,131,061 | €111,242 | -€1.0m | -90.2% |
| Other amounts receivable | 41 | €87 | €723,894 | +€723,807 | +831579.2% |
| Cash at bank and in hand | 54/58 | €7,257 | €17,690 | +€10,433 | +143.8% |
| Deferred charges and accrued income | 490/1 | €26,794 | €136,295 | +€109,500 | +408.7% |
| Total equity and liabilities | 10/49 | €1,534,310 | €1,188,199 | -€346,111 | -22.6% |
| Equity | 10/15 | -€1,076,598 | -€1,189,921 | -€113,322 | -10.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,144,248 | -€1,257,571 | -€113,322 | -9.9% |
| Amounts payable | 17/49 | €2,610,909 | €2,378,120 | -€232,789 | -8.9% |
| Amounts payable after more than one year | 17 | €400,000 | €432,640 | +€32,640 | +8.2% |
| Financial debts | 170/4 | €400,000 | €432,640 | +€32,640 | +8.2% |
| Amounts payable within one year | 42/48 | €2,194,909 | €1,940,101 | -€254,807 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €130,489 | €321,500 | +€191,011 | +146.4% |
| Suppliers | 440/4 | €130,489 | €321,500 | +€191,011 | +146.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €61,534 | €78,473 | +€16,939 | +27.5% |
| Taxes | 450/3 | €11,303 | €15,043 | +€3,740 | +33.1% |
| Remuneration and social security | 454/9 | €50,231 | €63,430 | +€13,199 | +26.3% |
| Other amounts payable | 47/48 | €1,902,886 | €1,440,129 | -€462,757 | -24.3% |
| Accrued charges and deferred income | 492/3 | €16,000 | €5,379 | -€10,621 | -66.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €403,231 | €411,806 | +€8,575 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,420 | €171,284 | -€49,135 | -22.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €828 | €0 | -€828 | -100.0% |
| Other operating charges | 640/8 | €43,707 | €0 | -€43,707 | -100.0% |
| Gross operating margin | 9900 | €357,340 | €529,353 | +€172,013 | +48.1% |
| Operating profit (loss) | 9901 | -€310,845 | -€53,738 | +€257,107 | +82.7% |
| Financial income | 75/76B | €532 | €10,708 | +€10,176 | +1913.1% |
| Recurring financial income | 75 | €532 | €10,708 | +€10,176 | +1913.1% |
| Financial charges | 65/66B | €60,895 | €70,117 | +€9,221 | +15.1% |
| Recurring financial charges | 65 | €60,895 | €70,117 | +€9,221 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€371,209 | -€113,146 | +€258,062 | +69.5% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€371,383 | -€113,322 | +€258,061 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€371,383 | -€113,322 | +€258,061 | +69.5% |
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 6 October 2026 via checked.be.