YSET: what changed
Two financial 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.
YSET
Largest movements
- Receivables within one year -€11,167
down €11,167 (-60.3%), from €18,530 to €7,363
of which Other amounts receivable: -€11,151
- Tangible fixed assets -€3,589
down €3,589 (-53.0%), from €6,775 to €3,186
of which Furniture and vehicles: -€3,352
- Cash -€2,074
down €2,074 (-90.8%), from €2,285 to €211
mainly Net result for the year (-€76,867) and Investment in fixed assets (net) (-€485)
- Profit (loss) carried forward -€76,867
down €76,867 (-212.7%), from -€36,136 to -€113,003
- Trade debts +€59,312
up €59,312 (+205.5%), from €28,869 to €88,181
- Tax, wage and social debts +€682
up €682 (+399.6%), from €171 to €853
- Gross operating margin -€115,712
down €115,712, from €55,458 to -€60,254
- Other operating charges +€7,618
up €7,618 (+1139.3%), from €669 to €8,287
- Financial charges +€760
up €760 (+22.7%), from €3,342 to €4,102
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 | €27,590 | €10,760 | -€16,830 | -61.0% |
| Fixed assets | 21/28 | €6,775 | €3,186 | -€3,589 | -53.0% |
| Tangible fixed assets | 22/27 | €6,775 | €3,186 | -€3,589 | -53.0% |
| Plant, machinery and equipment | 23 | €1,939 | €1,702 | -€236 | -12.2% |
| Furniture and vehicles | 24 | €4,836 | €1,484 | -€3,352 | -69.3% |
| Current assets | 29/58 | €20,815 | €7,574 | -€13,241 | -63.6% |
| Amounts receivable within one year | 40/41 | €18,530 | €7,363 | -€11,167 | -60.3% |
| Trade receivables | 40 | €7,379 | €7,363 | -€16 | -0.2% |
| Other amounts receivable | 41 | €11,151 | - | -€11,151 | |
| Cash at bank and in hand | 54/58 | €2,285 | €211 | -€2,074 | -90.8% |
| Total equity and liabilities | 10/49 | €27,590 | €10,760 | -€16,830 | -61.0% |
| Equity | 10/15 | -€16,436 | -€93,303 | -€76,867 | -467.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,100 | €1,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,100 | €1,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,100 | €1,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,136 | -€113,003 | -€76,867 | -212.7% |
| Amounts payable | 17/49 | €44,027 | €104,063 | +€60,037 | +136.4% |
| Amounts payable within one year | 42/48 | €44,027 | €104,063 | +€60,037 | +136.4% |
| Financial debts | 43 | €14,719 | €14,762 | +€43 | +0.3% |
| Credit institutions | 430/8 | €14,719 | €14,762 | +€43 | +0.3% |
| Trade debts | 44 | €28,869 | €88,181 | +€59,312 | +205.5% |
| Suppliers | 440/4 | €28,869 | €88,181 | +€59,312 | +205.5% |
| Taxes, remuneration and social security | 45 | €171 | €853 | +€682 | +399.6% |
| Taxes | 450/3 | €171 | €853 | +€682 | +399.6% |
| Other amounts payable | 47/48 | €267 | €267 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,288 | €4,074 | -€214 | -5.0% |
| Other operating charges | 640/8 | €669 | €8,287 | +€7,618 | +1139.3% |
| Gross operating margin | 9900 | €55,458 | -€60,254 | -€115,712 | |
| Operating profit (loss) | 9901 | €50,501 | -€72,615 | -€123,116 | |
| Financial income | 75/76B | €400 | - | -€400 | |
| Recurring financial income | 75 | €400 | - | -€400 | |
| Financial charges | 65/66B | €3,342 | €4,102 | +€760 | +22.7% |
| Recurring financial charges | 65 | €3,342 | €4,102 | +€760 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €47,559 | -€76,717 | -€124,276 | |
| Income taxes | 67/77 | €215 | €150 | -€65 | -30.1% |
| Profit (loss) for the period | 9904 | €47,344 | -€76,867 | -€124,211 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,344 | -€76,867 | -€124,211 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.