YPSILON CONSTRUCT: what changed
Two financial 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 CONSTRUCT
Largest movements
- Tangible fixed assets +€852,272
up €852,272 (+249.5%), from €341,600 to €1.2m
- Current investments -€650,000
no longer reported in 2025 (was €650,000)
- Stocks and contracts -€88,191
no longer reported in 2025 (was €88,191)
- Cash -€78,841
down €78,841 (-99.4%), from €79,310 to €469
mainly Investment in fixed assets (net) (-€851,789) and Tax, wage and social debts (-€193,991)
- Receivables within one year -€18,323
no longer reported in 2025 (was €18,323)
- Current portion of long-term debt +€240,537
new in 2025: €240,537
- Tax, wage and social debts -€193,991
down €193,991 (-99.6%), from €194,865 to €873
- Other debts -€46,205
down €46,205 (-20.0%), from €231,257 to €185,052
- Profit (loss) carried forward +€17,275
up €17,275 (+2.3%), from €740,787 to €758,061
- Gross operating margin +€172,496
up €172,496 (+94.5%), from -€182,481 to -€9,985
- Financial income +€34,398
up €34,398 (+471.3%), from €7,299 to €41,697
of which Non-recurring financial income: +€38,183
- Financial charges +€6,734
up €6,734 (+142.5%), from €4,725 to €11,458
of which Non-recurring financial charges: +€4,212
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 | €1,179,061 | €1,194,555 | +€15,494 | +1.3% |
| Fixed assets | 21/28 | €343,237 | €1,194,086 | +€850,849 | +247.9% |
| Intangible fixed assets | 21 | €1,154 | €213 | -€941 | -81.5% |
| Tangible fixed assets | 22/27 | €341,600 | €1,193,872 | +€852,272 | +249.5% |
| Land and buildings | 22 | €341,600 | €1,193,872 | +€852,272 | +249.5% |
| Financial fixed assets | 28 | €483 | - | -€483 | |
| Current assets | 29/58 | €835,824 | €469 | -€835,355 | -99.9% |
| Stocks and contracts in progress | 3 | €88,191 | - | -€88,191 | |
| Stocks | 30/36 | €88,191 | - | -€88,191 | |
| Amounts receivable within one year | 40/41 | €18,323 | - | -€18,323 | |
| Other amounts receivable | 41 | €18,323 | - | -€18,323 | |
| Current investments | 50/53 | €650,000 | - | -€650,000 | |
| Cash at bank and in hand | 54/58 | €79,310 | €469 | -€78,841 | -99.4% |
| Total equity and liabilities | 10/49 | €1,179,061 | €1,194,555 | +€15,494 | +1.3% |
| Equity | 10/15 | €750,787 | €768,061 | +€17,275 | +2.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €740,787 | €758,061 | +€17,275 | +2.3% |
| Amounts payable | 17/49 | €428,275 | €426,493 | -€1,781 | -0.4% |
| Amounts payable within one year | 42/48 | €428,275 | €426,493 | -€1,781 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | - | €240,537 | +€240,537 | |
| Financial debts | 43 | - | €31 | +€31 | |
| Credit institutions | 430/8 | - | €31 | +€31 | |
| Trade debts | 44 | €2,153 | - | -€2,153 | |
| Suppliers | 440/4 | €2,153 | - | -€2,153 | |
| Taxes, remuneration and social security | 45 | €194,865 | €873 | -€193,991 | -99.6% |
| Taxes | 450/3 | €194,865 | €873 | -€193,991 | -99.6% |
| Other amounts payable | 47/48 | €231,257 | €185,052 | -€46,205 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €941 | €941 | = | 0.0% |
| Other operating charges | 640/8 | €1,592 | €2,039 | +€446 | +28.0% |
| Gross operating margin | 9900 | -€182,481 | -€9,985 | +€172,496 | +94.5% |
| Operating profit (loss) | 9901 | -€185,014 | -€12,964 | +€172,050 | +93.0% |
| Financial income | 75/76B | €7,299 | €41,697 | +€34,398 | +471.3% |
| Recurring financial income | 75 | €7,299 | €3,514 | -€3,785 | -51.9% |
| Non-recurring financial income | 76B | - | €38,183 | +€38,183 | |
| Financial charges | 65/66B | €4,725 | €11,458 | +€6,734 | +142.5% |
| Recurring financial charges | 65 | €2,208 | €4,729 | +€2,522 | +114.2% |
| Non-recurring financial charges | 66B | €2,517 | €6,729 | +€4,212 | +167.4% |
| Profit (loss) for the period before taxes | 9903 | -€182,439 | €17,275 | +€199,714 | |
| Profit (loss) for the period | 9904 | -€182,439 | €17,275 | +€199,714 | |
| Profit (loss) for the period to be appropriated | 9905 | -€182,439 | €17,275 | +€199,714 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.