YSARO: 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.
YSARO
Largest movements
- Cash +€42,769
up €42,769 (+346.0%), from €12,360 to €55,129
mainly Net result for the year (+€68,011) and Depreciation (+€766)
- Current investments +€14,600
new in 2025: €14,600
- Tangible fixed assets +€3,578
up €3,578 (+386.8%), from €925 to €4,503
of which Other tangible fixed assets: +€3,058
- Reserves +€85,000
new in 2025: €85,000
- Profit (loss) carried forward -€16,989
down €16,989 (-99.2%), from €17,134 to €145
- Tax, wage and social debts -€6,699
down €6,699 (-57.1%), from €11,731 to €5,033
of which Remuneration and social security: -€3,824
- Gross operating margin +€66,479
up €66,479 (+296.1%), from €22,451 to €88,930
- Taxes +€14,194
up €14,194 (+293.8%), from €4,831 to €19,025
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 | €32,455 | €93,649 | +€61,194 | +188.5% |
| Fixed assets | 21/28 | €925 | €4,503 | +€3,578 | +386.8% |
| Tangible fixed assets | 22/27 | €925 | €4,503 | +€3,578 | +386.8% |
| Furniture and vehicles | 24 | €925 | €1,446 | +€521 | +56.3% |
| Other tangible fixed assets | 26 | - | €3,058 | +€3,058 | |
| Current assets | 29/58 | €31,530 | €89,146 | +€57,615 | +182.7% |
| Amounts receivable within one year | 40/41 | €19,158 | €19,417 | +€259 | +1.4% |
| Trade receivables | 40 | €18,963 | €19,218 | +€255 | +1.3% |
| Other amounts receivable | 41 | €195 | €199 | +€4 | +2.0% |
| Current investments | 50/53 | - | €14,600 | +€14,600 | |
| Cash at bank and in hand | 54/58 | €12,360 | €55,129 | +€42,769 | +346.0% |
| Deferred charges and accrued income | 490/1 | €12 | - | -€12 | |
| Total equity and liabilities | 10/49 | €32,455 | €93,649 | +€61,194 | +188.5% |
| Equity | 10/15 | €20,134 | €88,145 | +€68,011 | +337.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €85,000 | +€85,000 | |
| Distributable reserves | 133 | - | €85,000 | +€85,000 | |
| Profit (loss) carried forward | 14 | €17,134 | €145 | -€16,989 | -99.2% |
| Amounts payable | 17/49 | €12,321 | €5,503 | -€6,817 | -55.3% |
| Amounts payable within one year | 42/48 | €12,123 | €5,253 | -€6,870 | -56.7% |
| Trade debts | 44 | €392 | €221 | -€171 | -43.7% |
| Suppliers | 440/4 | €392 | €221 | -€171 | -43.7% |
| Taxes, remuneration and social security | 45 | €11,731 | €5,033 | -€6,699 | -57.1% |
| Taxes | 450/3 | €7,731 | €4,857 | -€2,875 | -37.2% |
| Remuneration and social security | 454/9 | €4,000 | €176 | -€3,824 | -95.6% |
| Accrued charges and deferred income | 492/3 | €197 | €250 | +€53 | +26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49 | €766 | +€717 | +1469.7% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Gross operating margin | 9900 | €22,451 | €88,930 | +€66,479 | +296.1% |
| Operating profit (loss) | 9901 | €21,965 | €87,764 | +€65,799 | +299.6% |
| Financial income | 75/76B | €15 | €76 | +€61 | +403.9% |
| Recurring financial income | 75 | €15 | €76 | +€61 | +403.9% |
| Financial charges | 65/66B | €15 | €803 | +€789 | +5441.3% |
| Recurring financial charges | 65 | €15 | €803 | +€789 | +5441.3% |
| Profit (loss) for the period before taxes | 9903 | €21,966 | €87,036 | +€65,071 | +296.2% |
| Income taxes | 67/77 | €4,831 | €19,025 | +€14,194 | +293.8% |
| Profit (loss) for the period | 9904 | €17,134 | €68,011 | +€50,877 | +296.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,134 | €68,011 | +€50,877 | +296.9% |
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 3 October 2026 via checked.be.