YOUNG ISLAND: 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 ISLAND
Largest movements
- Receivables within one year -€2,516
down €2,516 (-77.0%), from €3,267 to €751
of which Other amounts receivable: -€1,306
- Tangible fixed assets -€939
no longer reported in 2024 (was €939)
- Cash -€307
no longer reported in 2024 (was €307)
mainly Other debts (-€14,216) and Trade debts (-€1,735)
- Other debts -€14,216
down €14,216 (-22.1%), from €64,203 to €49,987
- Profit (loss) carried forward +€10,537
up €10,537 (+13.3%), from -€79,377 to -€68,840
- Trade debts -€1,735
down €1,735 (-94.4%), from €1,837 to €103
- Tax, wage and social debts +€1,649
new in 2024: €1,649
- Gross operating margin +€33,444
up €33,444, from -€21,710 to €11,734
- Depreciation -€1,283
down €1,283 (-57.7%), from €2,222 to €939
- Other operating charges -€300
down €300 (-81.1%), from €370 to €70
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.
Derived cash bridge
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 | €5,263 | €1,501 | -€3,762 | -71.5% |
| Fixed assets | 21/28 | €1,689 | €750 | -€939 | -55.6% |
| Tangible fixed assets | 22/27 | €939 | - | -€939 | |
| Plant, machinery and equipment | 23 | €939 | - | -€939 | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €3,574 | €751 | -€2,823 | -79.0% |
| Amounts receivable within one year | 40/41 | €3,267 | €751 | -€2,516 | -77.0% |
| Trade receivables | 40 | €1,882 | €672 | -€1,210 | -64.3% |
| Other amounts receivable | 41 | €1,385 | €79 | -€1,306 | -94.3% |
| Cash at bank and in hand | 54/58 | €307 | - | -€307 | |
| Total equity and liabilities | 10/49 | €5,263 | €1,501 | -€3,762 | -71.5% |
| Equity | 10/15 | -€60,777 | -€50,240 | +€10,537 | +17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,377 | -€68,840 | +€10,537 | +13.3% |
| Amounts payable | 17/49 | €66,041 | €51,741 | -€14,299 | -21.7% |
| Amounts payable within one year | 42/48 | €66,041 | €51,741 | -€14,299 | -21.7% |
| Financial debts | 43 | - | €3 | +€3 | |
| Credit institutions | 430/8 | - | €3 | +€3 | |
| Trade debts | 44 | €1,837 | €103 | -€1,735 | -94.4% |
| Suppliers | 440/4 | €1,837 | €103 | -€1,735 | -94.4% |
| Taxes, remuneration and social security | 45 | - | €1,649 | +€1,649 | |
| Taxes | 450/3 | - | €1,649 | +€1,649 | |
| Other amounts payable | 47/48 | €64,203 | €49,987 | -€14,216 | -22.1% |
| Non-recurring operating income | 76A | €5,594 | - | -€5,594 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,222 | €939 | -€1,283 | -57.7% |
| Other operating charges | 640/8 | €370 | €70 | -€300 | -81.1% |
| Gross operating margin | 9900 | -€21,710 | €11,734 | +€33,444 | |
| Operating profit (loss) | 9901 | -€24,302 | €10,725 | +€35,027 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €83 | €188 | +€105 | +126% |
| Recurring financial charges | 65 | €83 | €188 | +€105 | +126% |
| Profit (loss) for the period before taxes | 9903 | -€24,385 | €10,537 | +€34,922 | |
| Profit (loss) for the period | 9904 | -€24,385 | €10,537 | +€34,922 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,385 | €10,537 | +€34,922 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.