YOVEL: 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.
YOVEL
Largest movements
- Cash -€11,021
down €11,021 (-75.8%), from €14,549 to €3,528
mainly Net result for the year (-€7,719) and Other debts (-€2,624)
- Tangible fixed assets -€1,205
down €1,205 (-52.9%), from €2,276 to €1,071
of which Plant, machinery and equipment: -€672
- Receivables within one year +€417
up €417 (+60.3%), from €691 to €1,108
- Deferred charges and accrued income +€295
new in 2025: €295
- Profit (loss) carried forward -€7,719
down €7,719, from €3,703 to -€4,017
- Other debts -€2,624
down €2,624 (-62.2%), from €4,220 to €1,597
- Tax, wage and social debts -€1,342
down €1,342 (-59.3%), from €2,261 to €919
- Gross operating margin -€8,854
down €8,854, from €2,878 to -€5,976
- Depreciation -€240
down €240 (-16.6%), from €1,445 to €1,205
- Other operating charges +€126
up €126 (+37.1%), from €339 to €465
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 | €17,616 | €6,101 | -€11,515 | -65.4% |
| Fixed assets | 21/28 | €2,376 | €1,171 | -€1,205 | -50.7% |
| Tangible fixed assets | 22/27 | €2,276 | €1,071 | -€1,205 | -52.9% |
| Plant, machinery and equipment | 23 | €1,210 | €538 | -€672 | -55.5% |
| Furniture and vehicles | 24 | €1,067 | €533 | -€533 | -50.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €15,240 | €4,931 | -€10,310 | -67.6% |
| Amounts receivable within one year | 40/41 | €691 | €1,108 | +€417 | +60.3% |
| Trade receivables | 40 | €691 | €1,108 | +€417 | +60.3% |
| Cash at bank and in hand | 54/58 | €14,549 | €3,528 | -€11,021 | -75.8% |
| Deferred charges and accrued income | 490/1 | - | €295 | +€295 | |
| Total equity and liabilities | 10/49 | €17,616 | €6,101 | -€11,515 | -65.4% |
| Equity | 10/15 | €10,535 | €2,815 | -€7,719 | -73.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €632 | €632 | = | 0.0% |
| Distributable reserves | 133 | €632 | €632 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,703 | -€4,017 | -€7,719 | |
| Amounts payable | 17/49 | €7,081 | €3,286 | -€3,795 | -53.6% |
| Amounts payable within one year | 42/48 | €6,481 | €2,686 | -€3,795 | -58.6% |
| Trade debts | 44 | - | €170 | +€170 | |
| Suppliers | 440/4 | - | €170 | +€170 | |
| Taxes, remuneration and social security | 45 | €2,261 | €919 | -€1,342 | -59.3% |
| Taxes | 450/3 | €2,261 | €919 | -€1,342 | -59.3% |
| Other amounts payable | 47/48 | €4,220 | €1,597 | -€2,624 | -62.2% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,445 | €1,205 | -€240 | -16.6% |
| Other operating charges | 640/8 | €339 | €465 | +€126 | +37.1% |
| Gross operating margin | 9900 | €2,878 | -€5,976 | -€8,854 | |
| Operating profit (loss) | 9901 | €1,094 | -€7,647 | -€8,740 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €102 | €68 | -€34 | -33.4% |
| Recurring financial charges | 65 | €102 | €68 | -€34 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €992 | -€7,714 | -€8,707 | |
| Income taxes | 67/77 | - | €5 | +€5 | |
| Profit (loss) for the period | 9904 | €992 | -€7,719 | -€8,712 | |
| Profit (loss) for the period to be appropriated | 9905 | €992 | -€7,719 | -€8,712 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.