YPSILON MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year +€1.7m
up €1.7m (+34.9%), from €4.8m to €6.5m
of which Trade receivables: +€1.5m
- Profit (loss) carried forward +€1.5m
up €1.5m (+76.8%), from -€1.9m to -€447,593
- Debts after one year +€135,079
up €135,079 (+2.0%), from €6.7m to €6.8m
- Gross operating margin +€1.5m
up €1.5m, from -€3,966 to €1.5m
- Taxes +€39,084
up €39,084, from €0 to €39,084
- Financial income +€31,985
up €31,985 (+22.6%), from €141,801 to €173,786
of which Non-recurring financial income: +€35,330
- Financial charges +€16,799
up €16,799 (+13.0%), from €129,361 to €146,161
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 | €4,860,193 | €6,534,045 | +€1.7m | +34.4% |
| Fixed assets | 21/28 | €18,000 | €0 | -€18,000 | -100.0% |
| Financial fixed assets | 28 | €18,000 | €0 | -€18,000 | -100.0% |
| Current assets | 29/58 | €4,842,193 | €6,534,045 | +€1.7m | +34.9% |
| Amounts receivable within one year | 40/41 | €4,842,129 | €6,533,992 | +€1.7m | +34.9% |
| Trade receivables | 40 | - | €1,500,000 | +€1.5m | |
| Other amounts receivable | 41 | €4,842,129 | €5,033,992 | +€191,863 | +4.0% |
| Cash at bank and in hand | 54/58 | €64 | €53 | -€11 | -16.5% |
| Total equity and liabilities | 10/49 | €4,860,193 | €6,534,045 | +€1.7m | +34.4% |
| Equity | 10/15 | -€1,869,836 | -€385,422 | +€1.5m | +79.4% |
| 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 | €171 | €171 | = | 0.0% |
| Non-distributable reserves | 130/1 | €171 | €171 | = | 0.0% |
| Legal reserve | 130 | €171 | €171 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,932,007 | -€447,593 | +€1.5m | +76.8% |
| Amounts payable | 17/49 | €6,730,029 | €6,919,467 | +€189,438 | +2.8% |
| Amounts payable after more than one year | 17 | €6,658,915 | €6,793,993 | +€135,079 | +2.0% |
| Financial debts | 170/4 | €6,658,915 | €6,793,993 | +€135,079 | +2.0% |
| Amounts payable within one year | 42/48 | €71,115 | €124,475 | +€53,360 | +75.0% |
| Trade debts | 44 | €2,866 | €1,207 | -€1,659 | -57.9% |
| Suppliers | 440/4 | €2,866 | €1,207 | -€1,659 | -57.9% |
| Taxes, remuneration and social security | 45 | €0 | €39,084 | +€39,084 | |
| Taxes | 450/3 | €0 | €39,084 | +€39,084 | |
| Other amounts payable | 47/48 | €68,249 | €84,184 | +€15,935 | +23.3% |
| Accrued charges and deferred income | 492/3 | - | €998 | +€998 | |
| Other operating charges | 640/8 | €1,422 | €1,340 | -€82 | -5.7% |
| Gross operating margin | 9900 | -€3,966 | €1,497,214 | +€1.5m | |
| Operating profit (loss) | 9901 | -€5,388 | €1,495,873 | +€1.5m | |
| Financial income | 75/76B | €141,801 | €173,786 | +€31,985 | +22.6% |
| Recurring financial income | 75 | €141,801 | €138,455 | -€3,345 | -2.4% |
| Non-recurring financial income | 76B | - | €35,330 | +€35,330 | |
| Financial charges | 65/66B | €129,361 | €146,161 | +€16,799 | +13.0% |
| Recurring financial charges | 65 | €129,361 | €146,161 | +€16,799 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €7,051 | €1,523,498 | +€1.5m | +21505.5% |
| Income taxes | 67/77 | €0 | €39,084 | +€39,084 | |
| Profit (loss) for the period | 9904 | €7,051 | €1,484,415 | +€1.5m | +20951.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,051 | €1,484,415 | +€1.5m | +20951.2% |
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 10 October 2026 via checked.be.