YPESTATE: 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.
YPESTATE
Largest movements
- Tangible fixed assets -€194,985
down €194,985 (-5.4%), from €3.6m to €3.4m
of which Land and buildings: -€186,400
- Cash -€45,457
down €45,457 (-49.3%), from €92,211 to €46,754
mainly Debts after one year (-€260,864) and Investment in fixed assets (net) (-€29,306)
- Debts after one year -€260,864
down €260,864 (-8.7%), from €3.0m to €2.7m
- Gross operating margin +€24,210
up €24,210 (+6.9%), from €351,138 to €375,348
- Other operating charges +€8,055
up €8,055 (+41.1%), from €19,600 to €27,655
- Depreciation +€4,948
up €4,948 (+2.3%), from €219,343 to €224,291
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 | €3,708,478 | €3,461,347 | -€247,131 | -6.7% |
| Fixed assets | 21/28 | €3,588,305 | €3,393,320 | -€194,985 | -5.4% |
| Tangible fixed assets | 22/27 | €3,585,426 | €3,390,441 | -€194,985 | -5.4% |
| Land and buildings | 22 | €3,506,612 | €3,320,212 | -€186,400 | -5.3% |
| Plant, machinery and equipment | 23 | €78,814 | €70,229 | -€8,585 | -10.9% |
| Financial fixed assets | 28 | €2,879 | €2,879 | = | 0.0% |
| Current assets | 29/58 | €120,173 | €68,027 | -€52,146 | -43.4% |
| Amounts receivable within one year | 40/41 | €27,962 | €21,273 | -€6,689 | -23.9% |
| Trade receivables | 40 | €4,062 | €2,667 | -€1,395 | -34.3% |
| Other amounts receivable | 41 | €23,900 | €18,606 | -€5,294 | -22.1% |
| Cash at bank and in hand | 54/58 | €92,211 | €46,754 | -€45,457 | -49.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,708,478 | €3,461,347 | -€247,131 | -6.7% |
| Equity | 10/15 | €475,722 | €489,790 | +€14,068 | +3.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200,722 | €214,790 | +€14,068 | +7.0% |
| Amounts payable | 17/49 | €3,232,756 | €2,971,556 | -€261,199 | -8.1% |
| Amounts payable after more than one year | 17 | €2,998,032 | €2,737,168 | -€260,864 | -8.7% |
| Financial debts | 170/4 | €2,998,032 | €2,737,168 | -€260,864 | -8.7% |
| Amounts payable within one year | 42/48 | €234,724 | €234,389 | -€335 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €233,332 | €233,332 | = | 0.0% |
| Trade debts | 44 | €1,361 | €1,057 | -€304 | -22.4% |
| Suppliers | 440/4 | €1,361 | €1,057 | -€304 | -22.4% |
| Taxes, remuneration and social security | 45 | €30 | €0 | -€30 | -100.0% |
| Taxes | 450/3 | €30 | €0 | -€30 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219,343 | €224,291 | +€4,948 | +2.3% |
| Other operating charges | 640/8 | €19,600 | €27,655 | +€8,055 | +41.1% |
| Gross operating margin | 9900 | €351,138 | €375,348 | +€24,210 | +6.9% |
| Operating profit (loss) | 9901 | €112,195 | €123,402 | +€11,207 | +10.0% |
| Financial income | 75/76B | €0 | €332 | +€332 | |
| Recurring financial income | 75 | €0 | €332 | +€332 | |
| Financial charges | 65/66B | €106,901 | €105,282 | -€1,619 | -1.5% |
| Recurring financial charges | 65 | €106,901 | €105,282 | -€1,619 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €5,295 | €18,452 | +€13,157 | +248.5% |
| Income taxes | 67/77 | €1,100 | €4,383 | +€3,283 | +298.5% |
| Profit (loss) for the period | 9904 | €4,195 | €14,068 | +€9,874 | +235.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,195 | €14,068 | +€9,874 | +235.4% |
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 8 October 2026 via checked.be.