Young: 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.
Young
Largest movements
- Receivables after one year +€235,000
up €235,000 (+3916.7%), from €6,000 to €241,000
- Cash +€160,757
up €160,757 (+33.0%), from €486,572 to €647,330
mainly Net result for the year (+€341,277) and Other debts (+€116,040)
- Receivables within one year -€81,275
down €81,275 (-42.2%), from €192,509 to €111,235
of which Trade receivables: -€134,456
- Reserves +€224,666
up €224,666 (+42.5%), from €528,411 to €753,077
- Other debts +€116,040
up €116,040 (+7937.9%), from €1,462 to €117,502
- Tax, wage and social debts -€32,179
down €32,179 (-30.7%), from €104,795 to €72,617
of which Taxes: -€30,945
- Advances received -€30,000
no longer reported in 2024 (was €30,000)
- Trade debts +€26,002
up €26,002 (+41.3%), from €62,935 to €88,937
- Gross operating margin -€161,867
down €161,867 (-17.1%), from €946,768 to €784,901
- Staff costs +€122,489
up €122,489 (+59.7%), from €205,006 to €327,495
- Taxes -€103,163
down €103,163 (-60.1%), from €171,597 to €68,434
- Financial charges +€10,877
up €10,877 (+33.4%), from €32,545 to €43,422
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €733,642 | €1,037,692 | +€304,050 | +41.4% |
| Fixed assets | 21/28 | €31,789 | €26,460 | -€5,330 | -16.8% |
| Intangible fixed assets | 21 | €1,098 | €578 | -€520 | -47.3% |
| Tangible fixed assets | 22/27 | €27,233 | €22,423 | -€4,810 | -17.7% |
| Furniture and vehicles | 24 | €27,233 | €22,423 | -€4,810 | -17.7% |
| Financial fixed assets | 28 | €3,458 | €3,458 | = | 0.0% |
| Current assets | 29/58 | €701,853 | €1,011,233 | +€309,380 | +44.1% |
| Amounts receivable after more than one year | 29 | €6,000 | €241,000 | +€235,000 | +3916.7% |
| Other amounts receivable | 291 | €6,000 | €241,000 | +€235,000 | +3916.7% |
| Amounts receivable within one year | 40/41 | €192,509 | €111,235 | -€81,275 | -42.2% |
| Trade receivables | 40 | €189,324 | €54,868 | -€134,456 | -71.0% |
| Other amounts receivable | 41 | €3,185 | €56,367 | +€53,182 | +1669.6% |
| Cash at bank and in hand | 54/58 | €486,572 | €647,330 | +€160,757 | +33.0% |
| Deferred charges and accrued income | 490/1 | €16,771 | €11,668 | -€5,102 | -30.4% |
| Total equity and liabilities | 10/49 | €733,642 | €1,037,692 | +€304,050 | +41.4% |
| Equity | 10/15 | €533,411 | €758,077 | +€224,666 | +42.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €528,411 | €753,077 | +€224,666 | +42.5% |
| Distributable reserves | 133 | €528,411 | €753,077 | +€224,666 | +42.5% |
| Amounts payable | 17/49 | €200,231 | €279,616 | +€79,385 | +39.6% |
| Amounts payable within one year | 42/48 | €200,231 | €279,228 | +€78,997 | +39.5% |
| Financial debts | 43 | €1,039 | €173 | -€866 | -83.4% |
| Credit institutions | 430/8 | €1,039 | €173 | -€866 | -83.4% |
| Trade debts | 44 | €62,935 | €88,937 | +€26,002 | +41.3% |
| Suppliers | 440/4 | €62,935 | €88,937 | +€26,002 | +41.3% |
| Advances received on contracts in progress | 46 | €30,000 | - | -€30,000 | |
| Taxes, remuneration and social security | 45 | €104,795 | €72,617 | -€32,179 | -30.7% |
| Taxes | 450/3 | €67,976 | €37,031 | -€30,945 | -45.5% |
| Remuneration and social security | 454/9 | €36,820 | €35,586 | -€1,234 | -3.4% |
| Other amounts payable | 47/48 | €1,462 | €117,502 | +€116,040 | +7937.9% |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Remuneration, social security and pensions | 62 | €205,006 | €327,495 | +€122,489 | +59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,477 | €11,566 | +€3,089 | +36.4% |
| Other operating charges | 640/8 | €1,015 | €1,205 | +€190 | +18.7% |
| Gross operating margin | 9900 | €946,768 | €784,901 | -€161,867 | -17.1% |
| Operating profit (loss) | 9901 | €732,269 | €444,634 | -€287,635 | -39.3% |
| Financial income | 75/76B | €283 | €8,498 | +€8,215 | +2900.0% |
| Recurring financial income | 75 | €283 | €8,498 | +€8,215 | +2900.0% |
| Financial charges | 65/66B | €32,545 | €43,422 | +€10,877 | +33.4% |
| Recurring financial charges | 65 | €32,545 | €43,422 | +€10,877 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €700,008 | €409,711 | -€290,297 | -41.5% |
| Income taxes | 67/77 | €171,597 | €68,434 | -€103,163 | -60.1% |
| Profit (loss) for the period | 9904 | €528,411 | €341,277 | -€187,134 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €528,411 | €341,277 | -€187,134 | -35.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.