YOUNG HEARTS: 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.
YOUNG HEARTS
Largest movements
- Receivables within one year -€11,462
down €11,462 (-86.4%), from €13,259 to €1,797
of which Trade receivables: -€12,500
- Cash -€4,966
down €4,966 (-99.6%), from €4,985 to €19
mainly Short-term financial debts (-€25,000) and Net result for the year (-€10,279)
- Intangible fixed assets -€1,282
down €1,282 (-60.1%), from €2,131 to €850
- Short-term financial debts -€25,000
down €25,000 (-100%), from €25,000 to €0
- Other debts +€18,266
up €18,266 (+12.5%), from €146,650 to €164,916
- Profit (loss) carried forward -€10,279
down €10,279 (-6.3%), from -€163,862 to -€174,140
- Trade debts -€698
down €698 (-15.2%), from €4,588 to €3,890
- Gross operating margin -€9,844
down €9,844, from €5,046 to -€4,799
- Financial charges +€3,117
up €3,117 (+892%), from €349 to €3,466
- Other operating charges -€210
down €210 (-21.5%), from €976 to €765
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.
Derived cash bridge
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 | €20,375 | €2,665 | -€17,710 | -86.9% |
| Fixed assets | 21/28 | €2,131 | €850 | -€1,282 | -60.1% |
| Intangible fixed assets | 21 | €2,131 | €850 | -€1,282 | -60.1% |
| Current assets | 29/58 | €18,244 | €1,816 | -€16,428 | -90.0% |
| Amounts receivable within one year | 40/41 | €13,259 | €1,797 | -€11,462 | -86.4% |
| Trade receivables | 40 | €12,500 | €0 | -€12,500 | -100% |
| Other amounts receivable | 41 | €759 | €1,797 | +€1,038 | +137% |
| Cash at bank and in hand | 54/58 | €4,985 | €19 | -€4,966 | -99.6% |
| Total equity and liabilities | 10/49 | €20,375 | €2,665 | -€17,710 | -86.9% |
| Equity | 10/15 | -€159,362 | -€169,640 | -€10,279 | -6.4% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,862 | -€174,140 | -€10,279 | -6.3% |
| Amounts payable | 17/49 | €179,737 | €172,305 | -€7,432 | -4.1% |
| Amounts payable after more than one year | 17 | €3,500 | €3,500 | = | 0.0% |
| Financial debts | 170/4 | €3,500 | €3,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €176,237 | €168,805 | -€7,432 | -4.2% |
| Financial debts | 43 | €25,000 | €0 | -€25,000 | -100% |
| Other loans | 439 | €25,000 | €0 | -€25,000 | -100% |
| Trade debts | 44 | €4,588 | €3,890 | -€698 | -15.2% |
| Suppliers | 440/4 | €4,588 | €3,890 | -€698 | -15.2% |
| Other amounts payable | 47/48 | €146,650 | €164,916 | +€18,266 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,282 | €1,282 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €976 | €765 | -€210 | -21.5% |
| Gross operating margin | 9900 | €5,046 | -€4,799 | -€9,844 | |
| Operating profit (loss) | 9901 | €2,788 | -€6,846 | -€9,634 | |
| Financial income | 75/76B | €6 | €33 | +€27 | +448% |
| Recurring financial income | 75 | €6 | €33 | +€27 | +448% |
| Financial charges | 65/66B | €349 | €3,466 | +€3,117 | +892% |
| Recurring financial charges | 65 | €349 | €3,466 | +€3,117 | +892% |
| Profit (loss) for the period before taxes | 9903 | €2,445 | -€10,279 | -€12,724 | |
| Profit (loss) for the period | 9904 | €2,445 | -€10,279 | -€12,724 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,445 | -€10,279 | -€12,724 |
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 19 October 2026 via checked.be.