YouConnect: 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.
YouConnect
Largest movements
- Cash +€622,816
up €622,816 (+139.5%), from €446,584 to €1.1m
mainly Net result for the year (+€1.3m) and Trade debts (+€188,043)
- Receivables within one year -€125,839
down €125,839 (-4.8%), from €2.6m to €2.5m
of which Trade receivables: -€75,478
- Trade debts +€188,043
up €188,043 (+16.3%), from €1.2m to €1.3m
- Other debts +€144,816
up €144,816 (+18.1%), from €801,089 to €945,905
- Tax, wage and social debts +€98,840
up €98,840 (+21.9%), from €451,597 to €550,437
of which Taxes: +€74,846
- Profit (loss) carried forward +€58,621
up €58,621 (+9.5%), from €619,262 to €677,883
- Gross operating margin +€452,881
up €452,881 (+17.3%), from €2.6m to €3.1m
- Staff costs +€126,228
up €126,228 (+9.9%), from €1.3m to €1.4m
- Taxes +€83,585
up €83,585 (+29.8%), from €280,400 to €363,985
- Write-downs -€37,848
down €37,848 (-100.0%), from €37,848 to €0
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 | €3,415,329 | €3,904,466 | +€489,136 | +14.3% |
| Fixed assets | 21/28 | €103,690 | €89,332 | -€14,358 | -13.8% |
| Intangible fixed assets | 21 | €4,545 | €1,045 | -€3,500 | -77.0% |
| Tangible fixed assets | 22/27 | €85,988 | €72,100 | -€13,888 | -16.2% |
| Plant, machinery and equipment | 23 | - | €687 | +€687 | |
| Furniture and vehicles | 24 | €39,164 | €27,543 | -€11,621 | -29.7% |
| Other tangible fixed assets | 26 | €46,824 | €43,869 | -€2,954 | -6.3% |
| Financial fixed assets | 28 | €13,157 | €16,187 | +€3,030 | +23.0% |
| Current assets | 29/58 | €3,311,639 | €3,815,134 | +€503,495 | +15.2% |
| Amounts receivable within one year | 40/41 | €2,634,476 | €2,508,637 | -€125,839 | -4.8% |
| Trade receivables | 40 | €2,577,913 | €2,502,435 | -€75,478 | -2.9% |
| Other amounts receivable | 41 | €56,563 | €6,202 | -€50,360 | -89.0% |
| Current investments | 50/53 | €197,850 | €197,850 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €446,584 | €1,069,400 | +€622,816 | +139.5% |
| Deferred charges and accrued income | 490/1 | €32,730 | €39,247 | +€6,517 | +19.9% |
| Total equity and liabilities | 10/49 | €3,415,329 | €3,904,466 | +€489,136 | +14.3% |
| Equity | 10/15 | €1,008,365 | €1,066,986 | +€58,621 | +5.8% |
| Contributions | 10/11 | €88,840 | €88,840 | = | 0.0% |
| Capital | 10 | €88,840 | €88,840 | = | 0.0% |
| Issued capital | 100 | €88,840 | €88,840 | = | 0.0% |
| Reserves | 13 | €300,262 | €300,262 | = | 0.0% |
| Non-distributable reserves | 130/1 | €206,734 | €206,734 | = | 0.0% |
| Legal reserve | 130 | €8,884 | €8,884 | = | 0.0% |
| Own shares acquired | 1312 | €197,850 | €197,850 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,625 | €1,625 | = | 0.0% |
| Distributable reserves | 133 | €91,904 | €91,904 | = | 0.0% |
| Profit (loss) carried forward | 14 | €619,262 | €677,883 | +€58,621 | +9.5% |
| Amounts payable | 17/49 | €2,406,965 | €2,837,480 | +€430,515 | +17.9% |
| Amounts payable within one year | 42/48 | €2,406,965 | €2,837,480 | +€430,515 | +17.9% |
| Financial debts | 43 | €2,260 | €1,076 | -€1,184 | -52.4% |
| Credit institutions | 430/8 | €2,260 | €1,076 | -€1,184 | -52.4% |
| Trade debts | 44 | €1,152,019 | €1,340,062 | +€188,043 | +16.3% |
| Suppliers | 440/4 | €1,152,019 | €1,340,062 | +€188,043 | +16.3% |
| Taxes, remuneration and social security | 45 | €451,597 | €550,437 | +€98,840 | +21.9% |
| Taxes | 450/3 | €316,868 | €391,714 | +€74,846 | +23.6% |
| Remuneration and social security | 454/9 | €134,729 | €158,723 | +€23,994 | +17.8% |
| Other amounts payable | 47/48 | €801,089 | €945,905 | +€144,816 | +18.1% |
| Non-recurring operating income | 76A | - | €519 | +€519 | |
| Remuneration, social security and pensions | 62 | €1,274,133 | €1,400,362 | +€126,228 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,400 | €30,500 | +€1,100 | +3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €37,848 | €0 | -€37,848 | -100.0% |
| Other operating charges | 640/8 | €5,761 | €662 | -€5,100 | -88.5% |
| Non-recurring operating charges | 66A | €2,659 | €123 | -€2,536 | -95.4% |
| Gross operating margin | 9900 | €2,621,920 | €3,074,801 | +€452,881 | +17.3% |
| Operating profit (loss) | 9901 | €1,272,118 | €1,643,154 | +€371,037 | +29.2% |
| Financial income | 75/76B | €803 | €13 | -€790 | -98.3% |
| Recurring financial income | 75 | €803 | €13 | -€790 | -98.3% |
| Financial charges | 65/66B | €4,185 | €4,973 | +€789 | +18.8% |
| Recurring financial charges | 65 | €4,185 | €4,973 | +€789 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €1,268,736 | €1,638,194 | +€369,458 | +29.1% |
| Income taxes | 67/77 | €280,400 | €363,985 | +€83,585 | +29.8% |
| Profit (loss) for the period | 9904 | €988,336 | €1,274,209 | +€285,873 | +28.9% |
| Transfer from tax-exempt reserves | 789 | €89,000 | €0 | -€89,000 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,077,336 | €1,274,209 | +€196,873 | +18.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.