YSALINE: what changed
What changed
YSALINE
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
filed annual accounts (NBB)
Net result for the year
€32,874
2024 · €47,612-€14,738
Equity
€912,481
2024 · €879,607+€32,874
Cash
€39,788
2024 · €80,392-€40,604
Balance sheet total
€929,006
2024 · €1.2m-€261,998
Largest movements
Assets
- Current investments -€200,000
down €200,000 (-100%), from €200,000 to €0
- Cash -€40,604
down €40,604 (-50.5%), from €80,392 to €39,788
mainly Other debts (-€291,260) and Investment in fixed assets (net) (-€7,934)
Equity and liabilities
- Other debts -€291,260
down €291,260 (-97.9%), from €297,486 to €6,225
- Reserves +€32,874
up €32,874 (+38.9%), from €84,607 to €117,481
Income statement
- Gross operating margin -€8,443
down €8,443 (-12.1%), from €69,717 to €61,274
- Financial income -€5,038
down €5,038 (-78.9%), from €6,385 to €1,347
- Taxes -€1,474
down €1,474 (-31.0%), from €4,761 to €3,287
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€47,612
Gross operating margin
-€8,443
Depreciation
+€304
Other operating charges
-€135
Other operating items
-€2,928
Financial income
-€5,038
Financial charges
+€29
Taxes
+€1,474
Result 2025
€32,874
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€232,670
Investment
+€192,066
Financing
€0
Cash 2024
€80,392
From operations (derived)
-€232,670
Net result for the year
+€32,874
Depreciation
+€18,711
Stocks and contracts
+€1,280
Receivables within one year
+€9,522
Smaller working-capital items
+€485
Trade debts
-€6,080
Tax, wage and social debts
+€1,799
Other debts
-€291,260
Investment (derived)
+€192,066
Investment in fixed assets (net)
-€7,934
Current investments
+€200,000
Cash 2025
€39,788
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,191,003 | €929,006 | -€261,998 | -22.0% |
| Fixed assets | 21/28 | €263,082 | €252,304 | -€10,777 | -4.1% |
| Tangible fixed assets | 22/27 | €263,082 | €252,304 | -€10,777 | -4.1% |
| Land and buildings | 22 | €263,082 | €245,201 | -€17,881 | -6.8% |
| Furniture and vehicles | 24 | - | €7,104 | +€7,104 | |
| Current assets | 29/58 | €927,921 | €676,701 | -€251,220 | -27.1% |
| Amounts receivable after more than one year | 29 | €600,000 | €600,000 | = | 0.0% |
| Other amounts receivable | 291 | €600,000 | €600,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €14,884 | €13,604 | -€1,280 | -8.6% |
| Stocks | 30/36 | €14,884 | €13,604 | -€1,280 | -8.6% |
| Amounts receivable within one year | 40/41 | €30,276 | €20,754 | -€9,522 | -31.5% |
| Trade receivables | 40 | €28,845 | €20,305 | -€8,541 | -29.6% |
| Other amounts receivable | 41 | €1,431 | €449 | -€981 | -68.6% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100% |
| Cash at bank and in hand | 54/58 | €80,392 | €39,788 | -€40,604 | -50.5% |
| Deferred charges and accrued income | 490/1 | €2,370 | €2,555 | +€185 | +7.8% |
| Total equity and liabilities | 10/49 | €1,191,003 | €929,006 | -€261,998 | -22.0% |
| Equity | 10/15 | €879,607 | €912,481 | +€32,874 | +3.7% |
| Contributions | 10/11 | €795,000 | €795,000 | = | 0.0% |
| Reserves | 13 | €84,607 | €117,481 | +€32,874 | +38.9% |
| Distributable reserves | 133 | €84,607 | €117,481 | +€32,874 | +38.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €311,396 | €16,525 | -€294,871 | -94.7% |
| Amounts payable within one year | 42/48 | €311,396 | €15,855 | -€295,541 | -94.9% |
| Trade debts | 44 | €6,548 | €467 | -€6,080 | -92.9% |
| Suppliers | 440/4 | €6,548 | €467 | -€6,080 | -92.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,363 | €9,162 | +€1,799 | +24.4% |
| Taxes | 450/3 | €7,363 | €9,162 | +€1,799 | +24.4% |
| Other amounts payable | 47/48 | €297,486 | €6,225 | -€291,260 | -97.9% |
| Accrued charges and deferred income | 492/3 | €0 | €670 | +€670 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,015 | €18,711 | -€304 | -1.6% |
| Other operating charges | 640/8 | €4,474 | €4,609 | +€135 | +3.0% |
| Non-recurring operating charges | 66A | - | €2,928 | +€2,928 | |
| Gross operating margin | 9900 | €69,717 | €61,274 | -€8,443 | -12.1% |
| Operating profit (loss) | 9901 | €46,229 | €35,026 | -€11,202 | -24.2% |
| Financial income | 75/76B | €6,385 | €1,347 | -€5,038 | -78.9% |
| Recurring financial income | 75 | €6,385 | €1,347 | -€5,038 | -78.9% |
| Financial charges | 65/66B | €241 | €212 | -€29 | -11.9% |
| Recurring financial charges | 65 | €241 | €212 | -€29 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €52,373 | €36,161 | -€16,212 | -31.0% |
| Income taxes | 67/77 | €4,761 | €3,287 | -€1,474 | -31.0% |
| Profit (loss) for the period | 9904 | €47,612 | €32,874 | -€14,738 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,612 | €32,874 | -€14,738 | -31.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.