Youcon: 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.
Youcon
Largest movements
- Current investments +€36,627
up €36,627 (+7.2%), from €507,560 to €544,187
- Tangible fixed assets +€34,659
up €34,659 (+72.3%), from €47,936 to €82,595
of which Furniture and vehicles: +€44,730
- Cash -€15,237
down €15,237 (-6.3%), from €243,137 to €227,900
mainly Investment in fixed assets (net) (-€46,711) and Current investments (-€36,627)
- Receivables within one year +€14,560
up €14,560 (+68.9%), from €21,146 to €35,706
of which Trade receivables: +€11,195
- Reserves +€86,926
up €86,926 (+11.2%), from €778,544 to €865,470
of which Distributable reserves: +€86,926
- Tax, wage and social debts -€9,212
down €9,212 (-46.7%), from €19,743 to €10,531
- Gross operating margin -€11,561
down €11,561 (-8.1%), from €143,593 to €132,032
- Taxes -€4,252
down €4,252 (-11.0%), from €38,683 to €34,431
- Depreciation +€1,587
up €1,587 (+15.2%), from €10,466 to €12,053
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 | €823,639 | €895,272 | +€71,633 | +8.7% |
| Fixed assets | 21/28 | €47,936 | €82,595 | +€34,659 | +72.3% |
| Tangible fixed assets | 22/27 | €47,936 | €82,595 | +€34,659 | +72.3% |
| Land and buildings | 22 | €47,182 | €37,110 | -€10,072 | -21.3% |
| Furniture and vehicles | 24 | €755 | €45,485 | +€44,730 | +5927.8% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €775,703 | €812,677 | +€36,974 | +4.8% |
| Amounts receivable within one year | 40/41 | €21,146 | €35,706 | +€14,560 | +68.9% |
| Trade receivables | 40 | €21,146 | €32,341 | +€11,195 | +52.9% |
| Other amounts receivable | 41 | - | €3,365 | +€3,365 | |
| Current investments | 50/53 | €507,560 | €544,187 | +€36,627 | +7.2% |
| Cash at bank and in hand | 54/58 | €243,137 | €227,900 | -€15,237 | -6.3% |
| Deferred charges and accrued income | 490/1 | €3,859 | €4,883 | +€1,024 | +26.5% |
| Total equity and liabilities | 10/49 | €823,639 | €895,272 | +€71,633 | +8.7% |
| Equity | 10/15 | €797,544 | €884,470 | +€86,926 | +10.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €778,544 | €865,470 | +€86,926 | +11.2% |
| Tax-exempt reserves | 132 | €2,731 | €2,731 | = | 0.0% |
| Distributable reserves | 133 | €775,813 | €862,739 | +€86,926 | +11.2% |
| Amounts payable | 17/49 | €26,095 | €10,802 | -€15,293 | -58.6% |
| Amounts payable within one year | 42/48 | €26,095 | €10,802 | -€15,293 | -58.6% |
| Current portion of amounts payable after more than one year | 42 | €4,666 | - | -€4,666 | |
| Trade debts | 44 | €572 | €152 | -€420 | -73.4% |
| Suppliers | 440/4 | €572 | €152 | -€420 | -73.4% |
| Taxes, remuneration and social security | 45 | €19,743 | €10,531 | -€9,212 | -46.7% |
| Taxes | 450/3 | €19,743 | €10,531 | -€9,212 | -46.7% |
| Other amounts payable | 47/48 | €1,114 | €119 | -€995 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,466 | €12,053 | +€1,587 | +15.2% |
| Other operating charges | 640/8 | €1,716 | €1,821 | +€105 | +6.1% |
| Gross operating margin | 9900 | €143,593 | €132,032 | -€11,561 | -8.1% |
| Operating profit (loss) | 9901 | €131,411 | €118,158 | -€13,253 | -10.1% |
| Financial income | 75/76B | €4,467 | €3,370 | -€1,097 | -24.6% |
| Recurring financial income | 75 | €4,467 | €3,370 | -€1,097 | -24.6% |
| Financial charges | 65/66B | €823 | €171 | -€652 | -79.2% |
| Recurring financial charges | 65 | €823 | €171 | -€652 | -79.2% |
| Profit (loss) for the period before taxes | 9903 | €135,055 | €121,357 | -€13,698 | -10.1% |
| Income taxes | 67/77 | €38,683 | €34,431 | -€4,252 | -11.0% |
| Profit (loss) for the period | 9904 | €96,372 | €86,926 | -€9,446 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €96,372 | €86,926 | -€9,446 | -9.8% |
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 11 October 2026 via checked.be.