Ysère: what changed
Ysère
Largest movements
- Stocks and contracts +€814,289
up €814,289 (+44.2%), from €1.8m to €2.7m
- Cash -€547,176
down €547,176 (-99.2%), from €551,542 to €4,366
mainly Stocks and contracts (-€814,289) and Debts after one year (-€813,008)
- Advances received +€1.2m
up €1.2m (+104%), from €1.1m to €2.3m
- Debts after one year -€813,008
no longer reported in 2025 (was €813,008)
- Other debts -€79,037
down €79,037 (-21.7%), from €363,775 to €284,739
- Tax, wage and social debts -€75,024
down €75,024 (-99.9%), from €75,115 to €91
- Trade debts +€54,353
up €54,353 (+13,575%), from €400 to €54,753
- Financial charges -€38,168
down €38,168 (-62.6%), from €60,977 to €22,809
- Gross operating margin -€35,998
down €35,998 (-65.8%), from €54,684 to €18,686
- Financial income -€1,135
down €1,135 (-61.6%), from €1,843 to €708
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,394,816 | €2,673,383 | +€278,567 | +11.6% |
| Current assets | 29/58 | €2,394,816 | €2,673,383 | +€278,567 | +11.6% |
| Stocks and contracts in progress | 3 | €1,843,274 | €2,657,563 | +€814,289 | +44.2% |
| Contracts in progress | 37 | €1,843,274 | €2,657,563 | +€814,289 | +44.2% |
| Amounts receivable within one year | 40/41 | - | €11,453 | +€11,453 | |
| Other amounts receivable | 41 | - | €11,453 | +€11,453 | |
| Cash at bank and in hand | 54/58 | €551,542 | €4,366 | -€547,176 | -99.2% |
| Total equity and liabilities | 10/49 | €2,394,816 | €2,673,383 | +€278,567 | +11.6% |
| Equity | 10/15 | -€3,940 | -€7,622 | -€3,682 | -93.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,940 | -€12,622 | -€3,682 | -41.2% |
| Amounts payable | 17/49 | €2,398,756 | €2,681,005 | +€282,249 | +11.8% |
| Amounts payable after more than one year | 17 | €813,008 | - | -€813,008 | |
| Financial debts | 170/4 | €813,008 | - | -€813,008 | |
| Amounts payable within one year | 42/48 | €1,585,748 | €2,681,005 | +€1.1m | +69.1% |
| Trade debts | 44 | €400 | €54,753 | +€54,353 | +13,575% |
| Suppliers | 440/4 | €400 | €54,753 | +€54,353 | +13,575% |
| Advances received on contracts in progress | 46 | €1,146,458 | €2,341,422 | +€1.2m | +104% |
| Taxes, remuneration and social security | 45 | €75,115 | €91 | -€75,024 | -99.9% |
| Taxes | 450/3 | €75,115 | €91 | -€75,024 | -99.9% |
| Other amounts payable | 47/48 | €363,775 | €284,739 | -€79,037 | -21.7% |
| Other operating charges | 640/8 | €255 | €267 | +€12 | +4.7% |
| Gross operating margin | 9900 | €54,684 | €18,686 | -€35,998 | -65.8% |
| Operating profit (loss) | 9901 | €54,429 | €18,419 | -€36,010 | -66.2% |
| Financial income | 75/76B | €1,843 | €708 | -€1,135 | -61.6% |
| Recurring financial income | 75 | €1,843 | €708 | -€1,135 | -61.6% |
| Financial charges | 65/66B | €60,977 | €22,809 | -€38,168 | -62.6% |
| Recurring financial charges | 65 | €60,977 | €22,809 | -€38,168 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,705 | -€3,682 | +€1,023 | +21.7% |
| Profit (loss) for the period | 9904 | -€4,705 | -€3,682 | +€1,023 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,705 | -€3,682 | +€1,023 | +21.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.