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YRG: 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.

What changed

YRG

BE 0754.861.423
NACE 25.210, Manufacture of fabricated metal products, except machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€19,064
2024 · €8,785-€27,850
Equity
€25,514
2024 · €44,578-€19,064
Cash
€1,480
2024 · €387+€1,093
Balance sheet total
€110,525
2024 · €116,458-€5,933

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€21,817

    down €21,817 (-29.9%), from €72,943 to €51,126

    of which Furniture and vehicles: -€18,603

  • Receivables within one year +€15,218

    up €15,218 (+36.2%), from €42,049 to €57,267

    of which Trade receivables: +€16,294

Equity and liabilities
  • Trade debts +€26,532

    up €26,532 (+119.7%), from €22,158 to €48,690

  • Profit (loss) carried forward -€19,064

    down €19,064 (-45.9%), from €41,578 to €22,514

  • Debts after one year -€13,870

    down €13,870 (-43.4%), from €31,972 to €18,103

Income statement
  • Gross operating margin -€31,359

    down €31,359 (-81.7%), from €38,399 to €7,040

  • Depreciation +€5,227

    up €5,227 (+29.4%), from €17,805 to €23,032

  • Other operating charges -€5,081

    down €5,081 (-88.5%), from €5,739 to €657

  • Taxes -€3,647

    down €3,647 (-91.2%), from €3,998 to €351

From the 2024 result to the 2025 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 2024 €8,785
Gross operating margin -€31,359
Depreciation -€5,227
Other operating charges +€5,081
Financial income +€29
Financial charges -€20
Taxes +€3,647
Result 2025 -€19,064

Cash bridge derived

cash 2024 to 2025

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.

From operations +€15,657
Investment -€1,215
Financing -€13,348
Cash 2024 €387
Net result for the year -€19,064
Depreciation +€23,032
Receivables within one year -€15,218
Deferred charges and accrued income +€428
Trade debts +€26,532
Tax, wage and social debts +€66
Other debts -€119
Investment in fixed assets (net) -€1,215
Debts after one year -€13,870
Current portion of long-term debt +€522
Cash 2025 €1,480
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €116,458 €110,525 -€5,933 -5.1%
Fixed assets 21/28 €72,943 €51,126 -€21,817 -29.9%
Tangible fixed assets 22/27 €72,943 €51,126 -€21,817 -29.9%
Plant, machinery and equipment 23 €20,624 €17,410 -€3,214 -15.6%
Furniture and vehicles 24 €52,319 €33,716 -€18,603 -35.6%
Current assets 29/58 €43,515 €59,399 +€15,883 +36.5%
Amounts receivable within one year 40/41 €42,049 €57,267 +€15,218 +36.2%
Trade receivables 40 €39,825 €56,119 +€16,294 +40.9%
Other amounts receivable 41 €2,224 €1,148 -€1,076 -48.4%
Cash at bank and in hand 54/58 €387 €1,480 +€1,093 +282.7%
Deferred charges and accrued income 490/1 €1,080 €652 -€428 -39.6%
Total equity and liabilities 10/49 €116,458 €110,525 -€5,933 -5.1%
Equity 10/15 €44,578 €25,514 -€19,064 -42.8%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €41,578 €22,514 -€19,064 -45.9%
Amounts payable 17/49 €71,880 €85,011 +€13,131 +18.3%
Amounts payable after more than one year 17 €31,972 €18,103 -€13,870 -43.4%
Financial debts 170/4 €31,972 €18,103 -€13,870 -43.4%
Amounts payable within one year 42/48 €39,908 €66,909 +€27,001 +67.7%
Current portion of amounts payable after more than one year 42 €13,348 €13,870 +€522 +3.9%
Trade debts 44 €22,158 €48,690 +€26,532 +119.7%
Suppliers 440/4 €22,158 €48,690 +€26,532 +119.7%
Taxes, remuneration and social security 45 €4,283 €4,349 +€66 +1.5%
Taxes 450/3 €4,283 €4,349 +€66 +1.5%
Other amounts payable 47/48 €119 €0 -€119 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,805 €23,032 +€5,227 +29.4%
Other operating charges 640/8 €5,739 €657 -€5,081 -88.5%
Gross operating margin 9900 €38,399 €7,040 -€31,359 -81.7%
Operating profit (loss) 9901 €14,856 -€16,649 -€31,505
Financial income 75/76B €5 €34 +€29 +618.2%
Recurring financial income 75 €5 €34 +€29 +618.2%
Financial charges 65/66B €2,077 €2,097 +€20 +1.0%
Recurring financial charges 65 €2,077 €2,097 +€20 +1.0%
Profit (loss) for the period before taxes 9903 €12,783 -€18,713 -€31,497
Income taxes 67/77 €3,998 €351 -€3,647 -91.2%
Profit (loss) for the period 9904 €8,785 -€19,064 -€27,850
Profit (loss) for the period to be appropriated 9905 €8,785 -€19,064 -€27,850

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 29 September 2026 via checked.be.