YRAP: 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.
YRAP
Largest movements
- Receivables within one year +€42,328
up €42,328 (+259.2%), from €16,328 to €58,656
of which Trade receivables: +€36,917
- Financial fixed assets +€42,000
up €42,000 (+158.5%), from €26,500 to €68,500
- Tangible fixed assets -€8,820
down €8,820 (-19.1%), from €46,262 to €37,442
- Cash -€7,303
down €7,303 (-17.9%), from €40,747 to €33,444
mainly Investment in fixed assets (net) (-€46,581) and Receivables within one year (-€42,328)
- Profit (loss) carried forward +€78,854
up €78,854 (+106.7%), from €73,927 to €152,781
- Debts after one year -€12,494
down €12,494 (-56.1%), from €22,261 to €9,767
- Tax, wage and social debts +€2,690
up €2,690 (+12.3%), from €21,905 to €24,595
of which Taxes: +€5,190
- Gross operating margin -€15,925
down €15,925 (-12.7%), from €125,323 to €109,398
- Taxes -€12,092
down €12,092 (-44.2%), from €27,372 to €15,280
- Other operating charges -€3,913
down €3,913 (-82.1%), from €4,765 to €852
- Depreciation -€3,327
down €3,327 (-19.9%), from €16,728 to €13,401
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 | €132,009 | €201,637 | +€69,628 | +52.7% |
| Fixed assets | 21/28 | €72,762 | €105,942 | +€33,180 | +45.6% |
| Tangible fixed assets | 22/27 | €46,262 | €37,442 | -€8,820 | -19.1% |
| Furniture and vehicles | 24 | €46,262 | €37,442 | -€8,820 | -19.1% |
| Financial fixed assets | 28 | €26,500 | €68,500 | +€42,000 | +158.5% |
| Current assets | 29/58 | €59,247 | €95,695 | +€36,448 | +61.5% |
| Amounts receivable within one year | 40/41 | €16,328 | €58,656 | +€42,328 | +259.2% |
| Trade receivables | 40 | €14,563 | €51,480 | +€36,917 | +253.5% |
| Other amounts receivable | 41 | €1,765 | €7,176 | +€5,410 | +306.5% |
| Cash at bank and in hand | 54/58 | €40,747 | €33,444 | -€7,303 | -17.9% |
| Deferred charges and accrued income | 490/1 | €2,172 | €3,596 | +€1,424 | +65.5% |
| Total equity and liabilities | 10/49 | €132,009 | €201,637 | +€69,628 | +52.7% |
| Equity | 10/15 | €75,927 | €154,781 | +€78,854 | +103.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,927 | €152,781 | +€78,854 | +106.7% |
| Amounts payable | 17/49 | €56,082 | €46,856 | -€9,226 | -16.5% |
| Amounts payable after more than one year | 17 | €22,261 | €9,767 | -€12,494 | -56.1% |
| Financial debts | 170/4 | €22,261 | €9,767 | -€12,494 | -56.1% |
| Amounts payable within one year | 42/48 | €33,821 | €37,089 | +€3,268 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €11,916 | €12,494 | +€578 | +4.8% |
| Taxes, remuneration and social security | 45 | €21,905 | €24,595 | +€2,690 | +12.3% |
| Taxes | 450/3 | €19,405 | €24,595 | +€5,190 | +26.7% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,728 | €13,401 | -€3,327 | -19.9% |
| Other operating charges | 640/8 | €4,765 | €852 | -€3,913 | -82.1% |
| Gross operating margin | 9900 | €125,323 | €109,398 | -€15,925 | -12.7% |
| Operating profit (loss) | 9901 | €103,831 | €95,146 | -€8,685 | -8.4% |
| Financial income | 75/76B | €28 | €695 | +€667 | +2390.4% |
| Recurring financial income | 75 | €28 | €695 | +€667 | +2390.4% |
| Financial charges | 65/66B | €2,560 | €1,707 | -€852 | -33.3% |
| Recurring financial charges | 65 | €2,560 | €1,707 | -€852 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €101,299 | €94,133 | -€7,166 | -7.1% |
| Income taxes | 67/77 | €27,372 | €15,280 | -€12,092 | -44.2% |
| Profit (loss) for the period | 9904 | €73,927 | €78,854 | +€4,927 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,927 | €78,854 | +€4,927 | +6.7% |
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 4 October 2026 via checked.be.