Youssef Sakkali: what changed
Youssef Sakkali
Largest movements
- Cash +€51,603
up €51,603 (+93.2%), from €55,366 to €106,969
mainly Net result for the year (+€69,791) and Depreciation (+€24,026)
- Receivables within one year +€35,408
up €35,408 (+436%), from €8,112 to €43,520
- Tangible fixed assets -€21,726
down €21,726 (-48.6%), from €44,663 to €22,936
of which Furniture and vehicles: -€17,334
- Reserves +€69,791
up €69,791 (+121%), from €57,825 to €127,616
- Current portion of long-term debt -€7,147
down €7,147 (-57.0%), from €12,546 to €5,399
- Tax, wage and social debts +€6,188
up €6,188 (+22.4%), from €27,657 to €33,845
- Debts after one year -€5,399
down €5,399 (-100%), from €5,399 to €0
- Gross operating margin +€24,220
up €24,220 (+26.4%), from €91,852 to €116,072
- Depreciation +€7,506
up €7,506 (+45.4%), from €16,520 to €24,026
- Taxes +€5,701
up €5,701 (+34.5%), from €16,528 to €22,230
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,541 | €173,535 | +€64,994 | +59.9% |
| Fixed assets | 21/28 | €45,063 | €22,936 | -€22,126 | -49.1% |
| Tangible fixed assets | 22/27 | €44,663 | €22,936 | -€21,726 | -48.6% |
| Furniture and vehicles | 24 | €25,955 | €8,621 | -€17,334 | -66.8% |
| Other tangible fixed assets | 26 | €18,708 | €14,316 | -€4,392 | -23.5% |
| Financial fixed assets | 28 | €400 | €0 | -€400 | -100% |
| Current assets | 29/58 | €63,478 | €150,599 | +€87,121 | +137% |
| Amounts receivable within one year | 40/41 | €8,112 | €43,520 | +€35,408 | +436% |
| Other amounts receivable | 41 | €8,112 | €43,520 | +€35,408 | +436% |
| Cash at bank and in hand | 54/58 | €55,366 | €106,969 | +€51,603 | +93.2% |
| Deferred charges and accrued income | 490/1 | - | €110 | +€110 | |
| Total equity and liabilities | 10/49 | €108,541 | €173,535 | +€64,994 | +59.9% |
| Equity | 10/15 | €60,325 | €130,116 | +€69,791 | +116% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €57,825 | €127,616 | +€69,791 | +121% |
| Distributable reserves | 133 | €57,825 | €127,616 | +€69,791 | +121% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €48,216 | €43,419 | -€4,797 | -9.9% |
| Amounts payable after more than one year | 17 | €5,399 | €0 | -€5,399 | -100% |
| Financial debts | 170/4 | €5,399 | €0 | -€5,399 | -100% |
| Amounts payable within one year | 42/48 | €42,817 | €43,419 | +€603 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €12,546 | €5,399 | -€7,147 | -57.0% |
| Financial debts | 43 | €1,605 | €2,978 | +€1,373 | +85.5% |
| Other loans | 439 | €1,605 | €2,978 | +€1,373 | +85.5% |
| Trade debts | 44 | €1,008 | €1,197 | +€189 | +18.7% |
| Suppliers | 440/4 | €1,008 | €1,197 | +€189 | +18.7% |
| Taxes, remuneration and social security | 45 | €27,657 | €33,845 | +€6,188 | +22.4% |
| Taxes | 450/3 | €27,657 | €33,845 | +€6,188 | +22.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,520 | €24,026 | +€7,506 | +45.4% |
| Other operating charges | 640/8 | €858 | €802 | -€57 | -6.6% |
| Gross operating margin | 9900 | €91,852 | €116,072 | +€24,220 | +26.4% |
| Operating profit (loss) | 9901 | €74,474 | €91,244 | +€16,770 | +22.5% |
| Financial income | 75/76B | €799 | €1,565 | +€767 | +96.0% |
| Recurring financial income | 75 | €799 | €1,565 | +€767 | +96.0% |
| Financial charges | 65/66B | €919 | €789 | -€130 | -14.2% |
| Recurring financial charges | 65 | €919 | €789 | -€130 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €74,353 | €92,021 | +€17,667 | +23.8% |
| Income taxes | 67/77 | €16,528 | €22,230 | +€5,701 | +34.5% |
| Profit (loss) for the period | 9904 | €57,825 | €69,791 | +€11,966 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,825 | €69,791 | +€11,966 | +20.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.