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Ypsilon Projects: 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.

What changed

Ypsilon Projects

BE 0686.968.549
financial year 2025 against 2026filed annual accounts (NBB)
Net result for the year
-€1,405
2025 · -€715-€689
Equity
-€116,824
2025 · -€115,419-€1,405
Cash
€43
2025 · €48-€5
Balance sheet total
€265,494
2025 · €48+€265,446

Largest movements

2025 to 2026
Assets
  • Tangible fixed assets +€254,584

    new in 2026: €254,584

  • Receivables within one year +€10,867

    new in 2026: €10,867

Equity and liabilities
  • Other debts +€266,749

    up €266,749 (+231.0%), from €115,467 to €382,216

Income statement
  • Gross operating margin -€674

    down €674 (-371.1%), from -€182 to -€855

  • Other operating charges +€14

    up €14 (+2.8%), from €505 to €520

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 -€715
Gross operating margin -€674
Other operating charges -€14
Financial charges -€2
Result 2026 -€1,405

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€254,579
Investment -€254,584
Financing €0
Cash 2025 €48
Net result for the year -€1,405
Receivables within one year -€10,867
Trade debts +€102
Other debts +€266,749
Investment in fixed assets (net) -€254,584
Cash 2026 €43
Every line side by side 25 lines
Line Code 2025 2026 Change %
Total assets 20/58 €48 €265,494 +€265,446 +552436.6%
Fixed assets 21/28 - €254,584 +€254,584
Tangible fixed assets 22/27 - €254,584 +€254,584
Land and buildings 22 - €254,584 +€254,584
Current assets 29/58 €48 €10,910 +€10,862 +22605.2%
Amounts receivable within one year 40/41 - €10,867 +€10,867
Other amounts receivable 41 - €10,867 +€10,867
Cash at bank and in hand 54/58 €48 €43 -€5 -10.5%
Total equity and liabilities 10/49 €48 €265,494 +€265,446 +552436.6%
Equity 10/15 -€115,419 -€116,824 -€1,405 -1.2%
Contributions 10/11 €100,000 €100,000 = 0.0%
Profit (loss) carried forward 14 -€215,419 -€216,824 -€1,405 -0.7%
Amounts payable 17/49 €115,467 €382,318 +€266,851 +231.1%
Amounts payable within one year 42/48 €115,467 €382,318 +€266,851 +231.1%
Trade debts 44 - €102 +€102
Suppliers 440/4 - €102 +€102
Other amounts payable 47/48 €115,467 €382,216 +€266,749 +231.0%
Other operating charges 640/8 €505 €520 +€14 +2.8%
Gross operating margin 9900 -€182 -€855 -€674 -371.1%
Operating profit (loss) 9901 -€687 -€1,375 -€688 -100.2%
Financial charges 65/66B €29 €30 +€2 +5.3%
Recurring financial charges 65 €29 €30 +€2 +5.3%
Profit (loss) for the period before taxes 9903 -€715 -€1,405 -€689 -96.4%
Profit (loss) for the period 9904 -€715 -€1,405 -€689 -96.4%
Profit (loss) for the period to be appropriated 9905 -€715 -€1,405 -€689 -96.4%

Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.