YS: 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.
YS
Largest movements
- Intangible fixed assets -€35,714
down €35,714 (-50.0%), from €71,429 to €35,714
- Receivables within one year -€27,819
down €27,819 (-31.2%), from €89,094 to €61,275
of which Other amounts receivable: -€29,983
- Tangible fixed assets -€26,817
down €26,817 (-9.6%), from €277,980 to €251,164
of which Furniture and vehicles: -€14,468
- Debts after one year -€32,412
down €32,412 (-14.9%), from €216,872 to €184,460
- Current portion of long-term debt -€22,092
down €22,092 (-40.5%), from €54,504 to €32,412
- Profit (loss) carried forward -€18,038
down €18,038, from €0 to -€18,038
- Other debts -€13,551
down €13,551 (-45.7%), from €29,629 to €16,078
- Gross operating margin -€12,139
down €12,139 (-17.5%), from €69,452 to €57,313
- Financial charges +€3,977
up €3,977 (+55.0%), from €7,230 to €11,207
of which Non-recurring financial charges: +€5,205
- Depreciation -€819
down €819 (-1.3%), from €63,556 to €62,737
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 | €489,373 | €401,561 | -€87,812 | -17.9% |
| Fixed assets | 21/28 | €351,909 | €286,878 | -€65,031 | -18.5% |
| Intangible fixed assets | 21 | €71,429 | €35,714 | -€35,714 | -50.0% |
| Tangible fixed assets | 22/27 | €277,980 | €251,164 | -€26,817 | -9.6% |
| Land and buildings | 22 | €254,840 | €243,974 | -€10,866 | -4.3% |
| Furniture and vehicles | 24 | €21,657 | €7,190 | -€14,468 | -66.8% |
| Leasing and similar rights | 25 | €1,483 | €0 | -€1,483 | -100.0% |
| Financial fixed assets | 28 | €2,500 | €0 | -€2,500 | -100.0% |
| Current assets | 29/58 | €137,464 | €114,683 | -€22,781 | -16.6% |
| Amounts receivable within one year | 40/41 | €89,094 | €61,275 | -€27,819 | -31.2% |
| Trade receivables | 40 | €53,876 | €56,041 | +€2,165 | +4.0% |
| Other amounts receivable | 41 | €35,218 | €5,234 | -€29,983 | -85.1% |
| Current investments | 50/53 | €46,686 | €46,686 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,684 | €4,436 | +€2,751 | +163.3% |
| Deferred charges and accrued income | 490/1 | - | €2,287 | +€2,287 | |
| Total equity and liabilities | 10/49 | €489,373 | €401,561 | -€87,812 | -17.9% |
| Equity | 10/15 | €169,221 | €151,182 | -€18,038 | -10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €156,821 | €156,821 | = | 0.0% |
| Distributable reserves | 133 | €156,821 | €156,821 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€18,038 | -€18,038 | |
| Amounts payable | 17/49 | €320,153 | €250,379 | -€69,774 | -21.8% |
| Amounts payable after more than one year | 17 | €216,872 | €184,460 | -€32,412 | -14.9% |
| Financial debts | 170/4 | €216,872 | €184,460 | -€32,412 | -14.9% |
| Amounts payable within one year | 42/48 | €102,486 | €64,809 | -€37,677 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €54,504 | €32,412 | -€22,092 | -40.5% |
| Financial debts | 43 | - | €1,276 | +€1,276 | |
| Credit institutions | 430/8 | - | €1,276 | +€1,276 | |
| Trade debts | 44 | €14,327 | €12,513 | -€1,814 | -12.7% |
| Suppliers | 440/4 | €14,327 | €12,513 | -€1,814 | -12.7% |
| Taxes, remuneration and social security | 45 | €4,026 | €2,530 | -€1,496 | -37.2% |
| Taxes | 450/3 | €4,026 | €2,530 | -€1,496 | -37.2% |
| Other amounts payable | 47/48 | €29,629 | €16,078 | -€13,551 | -45.7% |
| Accrued charges and deferred income | 492/3 | €794 | €1,109 | +€315 | +39.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,556 | €62,737 | -€819 | -1.3% |
| Other operating charges | 640/8 | €2,261 | €2,209 | -€52 | -2.3% |
| Gross operating margin | 9900 | €69,452 | €57,313 | -€12,139 | -17.5% |
| Operating profit (loss) | 9901 | €3,635 | -€7,633 | -€11,268 | |
| Financial income | 75/76B | €651 | €781 | +€129 | +19.9% |
| Recurring financial income | 75 | €651 | €781 | +€129 | +19.9% |
| Financial charges | 65/66B | €7,230 | €11,207 | +€3,977 | +55.0% |
| Recurring financial charges | 65 | €7,230 | €6,001 | -€1,228 | -17.0% |
| Non-recurring financial charges | 66B | - | €5,205 | +€5,205 | |
| Profit (loss) for the period before taxes | 9903 | -€2,944 | -€18,059 | -€15,115 | -513.5% |
| Income taxes | 67/77 | -€45 | -€20 | +€25 | +54.7% |
| Profit (loss) for the period | 9904 | -€2,898 | -€18,038 | -€15,140 | -522.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,898 | -€18,038 | -€15,140 | -522.3% |
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 5 October 2026 via checked.be.