Yorel: 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.
Yorel
Largest movements
- Cash +€524,241
up €524,241 (+8706.8%), from €6,021 to €530,262
mainly Net result for the year (+€302,604) and Investment in fixed assets (net) (+€204,295)
- Tangible fixed assets -€224,792
down €224,792 (-39.5%), from €569,354 to €344,562
of which Land and buildings: -€235,565
- Reserves +€302,260
up €302,260 (+80.1%), from €377,431 to €679,691
of which Distributable reserves: +€436,514
- Tax, wage and social debts +€70,297
up €70,297 (+29692.5%), from €237 to €70,534
- Other debts -€36,656
down €36,656 (-91.2%), from €40,186 to €3,530
- Provisions -€33,564
down €33,564 (-53.4%), from €62,806 to €29,242
- Gross operating margin +€493,931
up €493,931 (+5676.9%), from €8,701 to €502,632
- Taxes +€203,836
up €203,836 (+234969.5%), from €87 to €203,923
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 | €576,541 | €875,874 | +€299,332 | +51.9% |
| Fixed assets | 21/28 | €569,354 | €344,562 | -€224,792 | -39.5% |
| Tangible fixed assets | 22/27 | €569,354 | €344,562 | -€224,792 | -39.5% |
| Land and buildings | 22 | €565,106 | €329,542 | -€235,565 | -41.7% |
| Furniture and vehicles | 24 | €4,248 | €15,021 | +€10,773 | +253.6% |
| Current assets | 29/58 | €7,187 | €531,312 | +€524,124 | +7292.6% |
| Cash at bank and in hand | 54/58 | €6,021 | €530,262 | +€524,241 | +8706.8% |
| Deferred charges and accrued income | 490/1 | €1,166 | €1,050 | -€117 | -10.0% |
| Total equity and liabilities | 10/49 | €576,541 | €875,874 | +€299,332 | +51.9% |
| Equity | 10/15 | €464,024 | €766,629 | +€302,604 | +65.2% |
| Contributions | 10/11 | €86,938 | €86,938 | = | 0.0% |
| Reserves | 13 | €377,431 | €679,691 | +€302,260 | +80.1% |
| Tax-exempt reserves | 132 | €251,405 | €117,150 | -€134,254 | -53.4% |
| Distributable reserves | 133 | €126,026 | €562,540 | +€436,514 | +346.4% |
| Profit (loss) carried forward | 14 | -€344 | €0 | +€344 | |
| Provisions and deferred taxes | 16 | €62,806 | €29,242 | -€33,564 | -53.4% |
| Deferred taxes | 168 | €62,806 | €29,242 | -€33,564 | -53.4% |
| Amounts payable | 17/49 | €49,711 | €80,003 | +€30,292 | +60.9% |
| Amounts payable within one year | 42/48 | €43,618 | €75,963 | +€32,346 | +74.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,195 | €1,900 | -€1,295 | -40.5% |
| Suppliers | 440/4 | €3,195 | €1,900 | -€1,295 | -40.5% |
| Taxes, remuneration and social security | 45 | €237 | €70,534 | +€70,297 | +29692.5% |
| Taxes | 450/3 | €237 | €70,534 | +€70,297 | +29692.5% |
| Other amounts payable | 47/48 | €40,186 | €3,530 | -€36,656 | -91.2% |
| Accrued charges and deferred income | 492/3 | €6,094 | €4,040 | -€2,054 | -33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,331 | €20,497 | -€1,834 | -8.2% |
| Other operating charges | 640/8 | €6,642 | €9,014 | +€2,372 | +35.7% |
| Gross operating margin | 9900 | €8,701 | €502,632 | +€493,931 | +5676.9% |
| Operating profit (loss) | 9901 | -€20,272 | €473,122 | +€493,393 | |
| Financial income | 75/76B | - | €1,298 | +€1,298 | |
| Recurring financial income | 75 | - | €1,298 | +€1,298 | |
| Financial charges | 65/66B | €2,794 | €1,456 | -€1,337 | -47.9% |
| Recurring financial charges | 65 | €2,794 | €1,456 | -€1,337 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | -€23,065 | €472,964 | +€496,029 | |
| Transfer from deferred taxes | 780 | €4,562 | €33,564 | +€29,002 | +635.8% |
| Income taxes | 67/77 | €87 | €203,923 | +€203,836 | +234969.5% |
| Profit (loss) for the period | 9904 | -€18,591 | €302,604 | +€321,195 | |
| Transfer from tax-exempt reserves | 789 | €18,246 | €134,254 | +€116,008 | +635.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€344 | €436,859 | +€437,203 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.