Ypsilon Management Services: 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 Services
Largest movements
- Tangible fixed assets -€293,610
down €293,610 (-70.9%), from €414,403 to €120,793
of which Land and buildings: -€270,171
- Cash +€231,115
up €231,115 (+3610.1%), from €6,402 to €237,517
mainly Investment in fixed assets (net) (+€262,950) and Net result for the year (+€84,960)
- Current investments +€100,000
up €100,000, from €0 to €100,000
- Receivables within one year -€78,078
down €78,078 (-57.2%), from €136,560 to €58,481
of which Trade receivables: -€41,159
- Receivables after one year -€21,081
down €21,081 (-100.0%), from €21,081 to €0
- Other debts -€89,621
down €89,621 (-97.3%), from €92,121 to €2,500
- Profit (loss) carried forward +€54,635
up €54,635, from -€54,635 to €0
- Debts after one year -€32,776
down €32,776 (-37.7%), from €86,956 to €54,179
- Reserves +€27,825
up €27,825 (+7.6%), from €363,777 to €391,602
- Trade debts -€22,398
down €22,398 (-87.7%), from €25,536 to €3,138
- Gross operating margin +€136,450
up €136,450 (+319.0%), from €42,778 to €179,228
- Taxes +€26,760
up €26,760 (+313.4%), from €8,539 to €35,298
- Other operating charges +€23,758
up €23,758 (+669.5%), from €3,549 to €27,307
- Depreciation +€2,025
up €2,025 (+7.1%), from €28,635 to €30,660
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 | €586,022 | €523,577 | -€62,445 | -10.7% |
| Fixed assets | 21/28 | €414,403 | €120,793 | -€293,610 | -70.9% |
| Tangible fixed assets | 22/27 | €414,403 | €120,793 | -€293,610 | -70.9% |
| Land and buildings | 22 | €270,171 | €0 | -€270,171 | -100.0% |
| Plant, machinery and equipment | 23 | €1,106 | €662 | -€444 | -40.1% |
| Furniture and vehicles | 24 | €115,126 | €88,531 | -€26,596 | -23.1% |
| Other tangible fixed assets | 26 | €28,000 | €31,600 | +€3,600 | +12.9% |
| Current assets | 29/58 | €171,619 | €402,784 | +€231,165 | +134.7% |
| Amounts receivable after more than one year | 29 | €21,081 | €0 | -€21,081 | -100.0% |
| Other amounts receivable | 291 | €21,081 | €0 | -€21,081 | -100.0% |
| Amounts receivable within one year | 40/41 | €136,560 | €58,481 | -€78,078 | -57.2% |
| Trade receivables | 40 | €41,159 | €0 | -€41,159 | -100.0% |
| Other amounts receivable | 41 | €95,401 | €58,481 | -€36,919 | -38.7% |
| Current investments | 50/53 | €0 | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €6,402 | €237,517 | +€231,115 | +3610.1% |
| Deferred charges and accrued income | 490/1 | €7,577 | €6,785 | -€791 | -10.4% |
| Total equity and liabilities | 10/49 | €586,022 | €523,577 | -€62,445 | -10.7% |
| Equity | 10/15 | €348,142 | €430,602 | +€82,460 | +23.7% |
| Contributions | 10/11 | €39,000 | €39,000 | = | 0.0% |
| Reserves | 13 | €363,777 | €391,602 | +€27,825 | +7.6% |
| Distributable reserves | 133 | €363,777 | €391,602 | +€27,825 | +7.6% |
| Profit (loss) carried forward | 14 | -€54,635 | €0 | +€54,635 | |
| Amounts payable | 17/49 | €237,880 | €92,975 | -€144,905 | -60.9% |
| Amounts payable after more than one year | 17 | €86,956 | €54,179 | -€32,776 | -37.7% |
| Financial debts | 170/4 | €86,956 | €54,179 | -€32,776 | -37.7% |
| Amounts payable within one year | 42/48 | €150,924 | €38,795 | -€112,129 | -74.3% |
| Current portion of amounts payable after more than one year | 42 | €17,113 | €17,776 | +€664 | +3.9% |
| Financial debts | 43 | €28 | €2,862 | +€2,834 | +10298.5% |
| Credit institutions | 430/8 | €28 | €2,862 | +€2,834 | +10298.5% |
| Trade debts | 44 | €25,536 | €3,138 | -€22,398 | -87.7% |
| Suppliers | 440/4 | €25,536 | €3,138 | -€22,398 | -87.7% |
| Advances received on contracts in progress | 46 | €1,452 | €0 | -€1,452 | -100.0% |
| Taxes, remuneration and social security | 45 | €14,674 | €12,519 | -€2,155 | -14.7% |
| Taxes | 450/3 | €14,010 | €12,519 | -€1,490 | -10.6% |
| Remuneration and social security | 454/9 | €665 | €0 | -€665 | -100.0% |
| Other amounts payable | 47/48 | €92,121 | €2,500 | -€89,621 | -97.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €5,500 | €179,829 | +€174,329 | +3169.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,635 | €30,660 | +€2,025 | +7.1% |
| Other operating charges | 640/8 | €3,549 | €27,307 | +€23,758 | +669.5% |
| Gross operating margin | 9900 | €42,778 | €179,228 | +€136,450 | +319.0% |
| Operating profit (loss) | 9901 | €10,594 | €121,261 | +€110,666 | +1044.6% |
| Financial income | 75/76B | €4,325 | €2,942 | -€1,383 | -32.0% |
| Recurring financial income | 75 | €4,325 | €2,942 | -€1,383 | -32.0% |
| Financial charges | 65/66B | €4,159 | €3,945 | -€215 | -5.2% |
| Recurring financial charges | 65 | €4,159 | €3,945 | -€215 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €10,760 | €120,258 | +€109,498 | +1017.7% |
| Income taxes | 67/77 | €8,539 | €35,298 | +€26,760 | +313.4% |
| Profit (loss) for the period | 9904 | €2,221 | €84,960 | +€82,739 | +3724.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,221 | €84,960 | +€82,739 | +3724.8% |
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 12 October 2026 via checked.be.