YSF: 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.
YSF
Largest movements
- Receivables within one year +€2.7m
up €2.7m (+1411.3%), from €189,279 to €2.9m
- Stocks and contracts +€160,000
up €160,000 (+275.2%), from €58,137 to €218,137
- Trade debts +€2.8m
up €2.8m (+1391.8%), from €198,249 to €3.0m
- Tax, wage and social debts +€46,944
up €46,944 (+200.1%), from €23,457 to €70,402
of which Taxes: +€42,361
- Profit (loss) carried forward +€42,045
up €42,045 (+154.2%), from €27,261 to €69,306
- Turnover +€2.7m
up €2.7m (+1087.2%), from €251,618 to €3.0m
- Purchases and services +€2.7m
up €2.7m (+1090.0%), from €244,711 to €2.9m
- Gross operating margin +€68,307
up €68,307 (+988.9%), from €6,907 to €75,214
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €259,476 | €3,111,757 | +€2.9m | +1099.2% |
| Fixed assets | 21/28 | €628 | €22,545 | +€21,918 | +3492.2% |
| Intangible fixed assets | 21 | €628 | €271 | -€357 | -56.9% |
| Tangible fixed assets | 22/27 | - | €3,975 | +€3,975 | |
| Plant, machinery and equipment | 23 | - | €1,641 | +€1,641 | |
| Furniture and vehicles | 24 | - | €2,333 | +€2,333 | |
| Financial fixed assets | 28 | - | €18,300 | +€18,300 | |
| Current assets | 29/58 | €258,848 | €3,089,212 | +€2.8m | +1093.4% |
| Stocks and contracts in progress | 3 | €58,137 | €218,137 | +€160,000 | +275.2% |
| Stocks | 30/36 | €58,137 | €218,137 | +€160,000 | +275.2% |
| Amounts receivable within one year | 40/41 | €189,279 | €2,860,623 | +€2.7m | +1411.3% |
| Trade receivables | 40 | €189,279 | €2,860,623 | +€2.7m | +1411.3% |
| Cash at bank and in hand | 54/58 | €11,432 | €10,452 | -€979 | -8.6% |
| Total equity and liabilities | 10/49 | €259,476 | €3,111,757 | +€2.9m | +1099.2% |
| Equity | 10/15 | €27,261 | €69,306 | +€42,045 | +154.2% |
| Profit (loss) carried forward | 14 | €27,261 | €69,306 | +€42,045 | +154.2% |
| Amounts payable | 17/49 | €232,215 | €3,042,451 | +€2.8m | +1210.2% |
| Amounts payable within one year | 42/48 | €232,215 | €3,042,451 | +€2.8m | +1210.2% |
| Current portion of amounts payable after more than one year | 42 | €10,508 | €4,416 | -€6,093 | -58.0% |
| Trade debts | 44 | €198,249 | €2,957,553 | +€2.8m | +1391.8% |
| Suppliers | 440/4 | €198,249 | €2,957,553 | +€2.8m | +1391.8% |
| Taxes, remuneration and social security | 45 | €23,457 | €70,402 | +€46,944 | +200.1% |
| Taxes | 450/3 | €23,457 | €65,819 | +€42,361 | +180.6% |
| Remuneration and social security | 454/9 | - | €4,583 | +€4,583 | |
| Other amounts payable | 47/48 | - | €10,080 | +€10,080 | |
| Turnover | 70 | €251,618 | €2,987,241 | +€2.7m | +1087.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €244,711 | €2,912,027 | +€2.7m | +1090.0% |
| Remuneration, social security and pensions | 62 | €166 | €202 | +€36 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357 | €1,929 | +€1,572 | +440.6% |
| Other operating charges | 640/8 | €353 | €8,530 | +€8,177 | +2319.1% |
| Gross operating margin | 9900 | €6,907 | €75,214 | +€68,307 | +988.9% |
| Operating profit (loss) | 9901 | €6,032 | €64,553 | +€58,521 | +970.2% |
| Financial income | 75/76B | €0 | €2 | +€1 | +423.3% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +423.3% |
| Financial charges | 65/66B | €2,386 | €5,711 | +€3,325 | +139.4% |
| Recurring financial charges | 65 | €2,386 | €5,711 | +€3,325 | +139.4% |
| Profit (loss) for the period before taxes | 9903 | €3,646 | €58,843 | +€55,197 | +1513.8% |
| Income taxes | 67/77 | €771 | €16,798 | +€16,027 | +2079.9% |
| Profit (loss) for the period | 9904 | €2,876 | €42,045 | +€39,170 | +1362.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,876 | €42,045 | +€39,170 | +1362.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.