YPSILON: 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.
YPSILON
Largest movements
- Tangible fixed assets -€23,066
down €23,066 (-3.2%), from €718,397 to €695,331
- Cash -€13,662
down €13,662 (-82.9%), from €16,473 to €2,812
mainly Debts after one year (-€57,307) and Tax, wage and social debts (-€19,842)
- Debts after one year -€57,307
down €57,307 (-19.4%), from €294,816 to €237,509
of which Financial debts: -€57,307
- Reserves +€36,561
up €36,561 (+30.5%), from €119,743 to €156,303
of which Distributable reserves: +€36,561
- Tax, wage and social debts -€19,842
down €19,842 (-100.0%), from €19,842 to €0
- Gross operating margin +€1,735
up €1,735 (+1.8%), from €98,597 to €100,332
- Financial charges -€1,347
down €1,347 (-14.9%), from €9,069 to €7,722
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 | €741,870 | €701,081 | -€40,789 | -5.5% |
| Fixed assets | 21/28 | €718,397 | €695,331 | -€23,066 | -3.2% |
| Tangible fixed assets | 22/27 | €718,397 | €695,331 | -€23,066 | -3.2% |
| Land and buildings | 22 | €718,397 | €695,331 | -€23,066 | -3.2% |
| Current assets | 29/58 | €23,473 | €5,750 | -€17,723 | -75.5% |
| Amounts receivable within one year | 40/41 | €7,000 | €2,938 | -€4,062 | -58.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €7,000 | €2,938 | -€4,062 | -58.0% |
| Cash at bank and in hand | 54/58 | €16,473 | €2,812 | -€13,662 | -82.9% |
| Total equity and liabilities | 10/49 | €741,870 | €701,081 | -€40,789 | -5.5% |
| Equity | 10/15 | €329,743 | €366,303 | +€36,561 | +11.1% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Reserves | 13 | €119,743 | €156,303 | +€36,561 | +30.5% |
| Non-distributable reserves | 130/1 | €21,000 | €21,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,000 | €21,000 | = | 0.0% |
| Distributable reserves | 133 | €98,743 | €135,303 | +€36,561 | +37.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €412,128 | €334,778 | -€77,350 | -18.8% |
| Amounts payable after more than one year | 17 | €294,816 | €237,509 | -€57,307 | -19.4% |
| Financial debts | 170/4 | €292,206 | €234,899 | -€57,307 | -19.6% |
| Other amounts payable | 178/9 | €2,610 | €2,610 | = | 0.0% |
| Amounts payable within one year | 42/48 | €116,187 | €97,049 | -€19,138 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €55,949 | €57,307 | +€1,359 | +2.4% |
| Trade debts | 44 | €1,468 | €0 | -€1,468 | -100.0% |
| Suppliers | 440/4 | €1,468 | €0 | -€1,468 | -100.0% |
| Taxes, remuneration and social security | 45 | €19,842 | €0 | -€19,842 | -100.0% |
| Taxes | 450/3 | €19,842 | €0 | -€19,842 | -100.0% |
| Other amounts payable | 47/48 | €38,928 | €39,742 | +€813 | +2.1% |
| Accrued charges and deferred income | 492/3 | €1,124 | €220 | -€904 | -80.4% |
| Non-recurring operating income | 76A | €790 | €0 | -€790 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,947 | €31,442 | +€496 | +1.6% |
| Other operating charges | 640/8 | €7,323 | €7,545 | +€222 | +3.0% |
| Gross operating margin | 9900 | €98,597 | €100,332 | +€1,735 | +1.8% |
| Operating profit (loss) | 9901 | €60,327 | €61,344 | +€1,017 | +1.7% |
| Financial charges | 65/66B | €9,069 | €7,722 | -€1,347 | -14.9% |
| Recurring financial charges | 65 | €9,069 | €7,722 | -€1,347 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €51,258 | €53,622 | +€2,364 | +4.6% |
| Income taxes | 67/77 | €16,649 | €17,062 | +€413 | +2.5% |
| Profit (loss) for the period | 9904 | €34,609 | €36,561 | +€1,951 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,609 | €36,561 | +€1,951 | +5.6% |
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 30 September 2026 via checked.be.