YPHANTO: 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.
YPHANTO
Largest movements
- Tangible fixed assets -€14,185
down €14,185 (-5.9%), from €241,963 to €227,778
of which Land and buildings: -€13,044
- Receivables within one year +€12,717
up €12,717 (+2.4%), from €522,909 to €535,626
of which Trade receivables: +€9,384
- Profit (loss) carried forward +€16,654
up €16,654 (+5.0%), from €331,713 to €348,367
- Gross operating margin +€17,966
up €17,966 (+115.1%), from €15,602 to €33,568
- Depreciation -€14,246
down €14,246 (-50.1%), from €28,430 to €14,185
- Other operating charges +€890
up €890 (+68.1%), from €1,308 to €2,198
- Financial charges +€737
up €737 (+11.1%), from €6,620 to €7,357
- Taxes +€552
new in 2024: €552
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.
Cash bridge derived
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 | €771,463 | €771,808 | +€345 | 0.0% |
| Fixed assets | 21/28 | €241,963 | €227,778 | -€14,185 | -5.9% |
| Tangible fixed assets | 22/27 | €241,963 | €227,778 | -€14,185 | -5.9% |
| Land and buildings | 22 | €233,350 | €220,306 | -€13,044 | -5.6% |
| Plant, machinery and equipment | 23 | €8,613 | €7,472 | -€1,141 | -13.2% |
| Current assets | 29/58 | €529,500 | €544,030 | +€14,530 | +2.7% |
| Amounts receivable within one year | 40/41 | €522,909 | €535,626 | +€12,717 | +2.4% |
| Trade receivables | 40 | €404 | €9,789 | +€9,384 | +2320.1% |
| Other amounts receivable | 41 | €522,504 | €525,837 | +€3,333 | +0.6% |
| Current investments | 50/53 | €4,340 | €4,340 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,251 | €4,064 | +€1,813 | +80.5% |
| Total equity and liabilities | 10/49 | €771,463 | €771,808 | +€345 | 0.0% |
| Equity | 10/15 | €520,612 | €531,733 | +€11,121 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €170,299 | €164,766 | -€5,533 | -3.2% |
| Tax-exempt reserves | 132 | €168,439 | €162,906 | -€5,533 | -3.3% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €331,713 | €348,367 | +€16,654 | +5.0% |
| Provisions and deferred taxes | 16 | €56,146 | €54,302 | -€1,844 | -3.3% |
| Deferred taxes | 168 | €56,146 | €54,302 | -€1,844 | -3.3% |
| Amounts payable | 17/49 | €194,704 | €185,773 | -€8,931 | -4.6% |
| Amounts payable after more than one year | 17 | €174,130 | €167,570 | -€6,559 | -3.8% |
| Financial debts | 170/4 | €174,130 | €167,570 | -€6,559 | -3.8% |
| Amounts payable within one year | 42/48 | €20,575 | €18,203 | -€2,372 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €6,306 | €6,559 | +€254 | +4.0% |
| Trade debts | 44 | €13,188 | €11,092 | -€2,097 | -15.9% |
| Suppliers | 440/4 | €13,188 | €11,092 | -€2,097 | -15.9% |
| Advances received on contracts in progress | 46 | €1,081 | - | -€1,081 | |
| Taxes, remuneration and social security | 45 | - | €552 | +€552 | |
| Taxes | 450/3 | - | €552 | +€552 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,430 | €14,185 | -€14,246 | -50.1% |
| Other operating charges | 640/8 | €1,308 | €2,198 | +€890 | +68.1% |
| Gross operating margin | 9900 | €15,602 | €33,568 | +€17,966 | +115.1% |
| Operating profit (loss) | 9901 | -€14,135 | €17,185 | +€31,321 | |
| Financial charges | 65/66B | €6,620 | €7,357 | +€737 | +11.1% |
| Recurring financial charges | 65 | €6,620 | €7,357 | +€737 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,755 | €9,829 | +€30,584 | |
| Transfer from deferred taxes | 780 | €1,282 | €1,844 | +€563 | +43.9% |
| Income taxes | 67/77 | - | €552 | +€552 | |
| Profit (loss) for the period | 9904 | -€19,474 | €11,121 | +€30,595 | |
| Transfer from tax-exempt reserves | 789 | €3,845 | €5,533 | +€1,688 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,629 | €16,654 | +€32,283 |
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 5 October 2026 via checked.be.