YR Management: 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.
YR Management
Largest movements
- Financial fixed assets -€37,200
no longer reported in 2025 (was €37,200)
- Tangible fixed assets +€17,906
up €17,906 (+320.7%), from €5,584 to €23,490
of which Furniture and vehicles: +€18,346
- Receivables within one year -€7,893
down €7,893 (-16.0%), from €49,449 to €41,556
of which Other amounts receivable: -€12,219
- Cash -€4,053
down €4,053 (-12.0%), from €33,757 to €29,704
mainly Contributions, distributions and other (-€70,000) and Short-term financial debts (-€1,791)
- Reserves -€34,170
down €34,170 (-72.1%), from €47,425 to €13,255
- Other debts +€5,294
up €5,294 (+8.2%), from €64,706 to €70,000
- Short-term financial debts -€1,791
down €1,791 (-58.6%), from €3,059 to €1,268
- Tax, wage and social debts +€1,582
up €1,582 (+28.0%), from €5,654 to €7,237
of which Taxes: +€1,546
- Trade debts -€1,277
down €1,277 (-46.9%), from €2,724 to €1,448
- Gross operating margin +€28,807
up €28,807 (+130.3%), from €22,113 to €50,920
- Financial income -€9,704
down €9,704 (-86.4%), from €11,229 to €1,525
- Taxes +€4,381
up €4,381 (+73.4%), from €5,971 to €10,352
- Depreciation +€898
up €898 (+107.3%), from €837 to €1,736
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 | €126,069 | €95,707 | -€30,362 | -24.1% |
| Fixed assets | 21/28 | €42,784 | €23,490 | -€19,294 | -45.1% |
| Tangible fixed assets | 22/27 | €5,584 | €23,490 | +€17,906 | +320.7% |
| Land and buildings | 22 | €1,867 | €1,672 | -€194 | -10.4% |
| Plant, machinery and equipment | 23 | €2,355 | €2,109 | -€245 | -10.4% |
| Furniture and vehicles | 24 | €1,363 | €19,709 | +€18,346 | +1345.8% |
| Financial fixed assets | 28 | €37,200 | - | -€37,200 | |
| Current assets | 29/58 | €83,285 | €72,217 | -€11,068 | -13.3% |
| Amounts receivable within one year | 40/41 | €49,449 | €41,556 | -€7,893 | -16.0% |
| Trade receivables | 40 | €11,767 | €16,093 | +€4,326 | +36.8% |
| Other amounts receivable | 41 | €37,682 | €25,463 | -€12,219 | -32.4% |
| Cash at bank and in hand | 54/58 | €33,757 | €29,704 | -€4,053 | -12.0% |
| Deferred charges and accrued income | 490/1 | €79 | €957 | +€879 | +1119.4% |
| Total equity and liabilities | 10/49 | €126,069 | €95,707 | -€30,362 | -24.1% |
| Equity | 10/15 | €49,925 | €15,755 | -€34,170 | -68.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €47,425 | €13,255 | -€34,170 | -72.1% |
| Distributable reserves | 133 | €47,425 | €13,255 | -€34,170 | -72.1% |
| Amounts payable | 17/49 | €76,144 | €79,952 | +€3,808 | +5.0% |
| Amounts payable within one year | 42/48 | €76,144 | €79,952 | +€3,808 | +5.0% |
| Financial debts | 43 | €3,059 | €1,268 | -€1,791 | -58.6% |
| Credit institutions | 430/8 | €3,059 | €1,268 | -€1,791 | -58.6% |
| Trade debts | 44 | €2,724 | €1,448 | -€1,277 | -46.9% |
| Suppliers | 440/4 | €2,724 | €1,448 | -€1,277 | -46.9% |
| Taxes, remuneration and social security | 45 | €5,654 | €7,237 | +€1,582 | +28.0% |
| Taxes | 450/3 | €2,776 | €4,322 | +€1,546 | +55.7% |
| Remuneration and social security | 454/9 | €2,878 | €2,914 | +€36 | +1.2% |
| Other amounts payable | 47/48 | €64,706 | €70,000 | +€5,294 | +8.2% |
| Non-recurring operating income | 76A | €11,602 | - | -€11,602 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €837 | €1,736 | +€898 | +107.3% |
| Other operating charges | 640/8 | €648 | €806 | +€157 | +24.3% |
| Gross operating margin | 9900 | €22,113 | €50,920 | +€28,807 | +130.3% |
| Operating profit (loss) | 9901 | €20,628 | €48,379 | +€27,751 | +134.5% |
| Financial income | 75/76B | €11,229 | €1,525 | -€9,704 | -86.4% |
| Recurring financial income | 75 | €11,229 | €1,525 | -€9,704 | -86.4% |
| Financial charges | 65/66B | €3,509 | €3,722 | +€214 | +6.1% |
| Recurring financial charges | 65 | €3,509 | €3,722 | +€214 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €28,348 | €46,182 | +€17,833 | +62.9% |
| Income taxes | 67/77 | €5,971 | €10,352 | +€4,381 | +73.4% |
| Profit (loss) for the period | 9904 | €22,377 | €35,830 | +€13,453 | +60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,377 | €35,830 | +€13,453 | +60.1% |
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 6 October 2026 via checked.be.