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YPFINANCE: 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.

What changed

YPFINANCE

BE 0437.430.408
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1,214
2023 · €1,537-€323
Equity
€124,763
2023 · €123,548+€1,214
Cash
€753
2023 · €250+€504
Balance sheet total
€138,967
2023 · €131,896+€7,071

Largest movements

2023 to 2024
Assets
  • Financial fixed assets +€6,567

    up €6,567 (+5.0%), from €131,647 to €138,214

Equity and liabilities
  • Trade debts +€5,856

    up €5,856 (+70.2%), from €8,348 to €14,204

Income statement
  • Gross operating margin -€180

    down €180 (-2.8%), from -€6,421 to -€6,601

  • Financial income -€97

    down €97 (-1.1%), from €8,664 to €8,567

    of which Non-recurring financial income: -€820

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €1,537
Gross operating margin -€180
Other operating charges -€14
Financial income -€97
Financial charges -€31
Result 2024 €1,214

Cash bridge derived

cash 2023 to 2024

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.

From operations +€7,071
Investment -€6,567
Financing €0
Cash 2023 €250
Net result for the year +€1,214
Trade debts +€5,856
Investment in fixed assets (net) -€6,567
Cash 2024 €753
Every line side by side 29 lines
Line Code 2023 2024 Change %
Total assets 20/58 €131,896 €138,967 +€7,071 +5.4%
Fixed assets 21/28 €131,647 €138,214 +€6,567 +5.0%
Financial fixed assets 28 €131,647 €138,214 +€6,567 +5.0%
Current assets 29/58 €250 €753 +€504 +201.8%
Cash at bank and in hand 54/58 €250 €753 +€504 +201.8%
Total equity and liabilities 10/49 €131,896 €138,967 +€7,071 +5.4%
Equity 10/15 €123,548 €124,763 +€1,214 +1.0%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Reserves 13 €6,200 €6,200 = 0.0%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 €55,348 €56,563 +€1,214 +2.2%
Amounts payable 17/49 €8,348 €14,204 +€5,856 +70.2%
Amounts payable within one year 42/48 €8,348 €14,204 +€5,856 +70.2%
Trade debts 44 €8,348 €14,204 +€5,856 +70.2%
Suppliers 440/4 €8,348 €14,204 +€5,856 +70.2%
Other operating charges 640/8 €499 €513 +€14 +2.8%
Gross operating margin 9900 -€6,421 -€6,601 -€180 -2.8%
Operating profit (loss) 9901 -€6,920 -€7,114 -€194 -2.8%
Financial income 75/76B €8,664 €8,567 -€97 -1.1%
Recurring financial income 75 €7,844 €8,567 +€723 +9.2%
Non-recurring financial income 76B €820 - -€820
Financial charges 65/66B €207 €238 +€31 +15.2%
Recurring financial charges 65 €207 €238 +€31 +15.2%
Profit (loss) for the period before taxes 9903 €1,537 €1,214 -€323 -21.0%
Profit (loss) for the period 9904 €1,537 €1,214 -€323 -21.0%
Profit (loss) for the period to be appropriated 9905 €1,537 €1,214 -€323 -21.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.