YSIVER: 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.
YSIVER
Largest movements
- Receivables within one year -€23,204
down €23,204 (-28.7%), from €80,930 to €57,725
of which Trade receivables: -€38,535
- Current investments +€21,200
new in 2025: €21,200
- Cash -€15,812
down €15,812 (-14.1%), from €111,767 to €95,956
mainly Net result for the year (-€34,089) and Current investments (-€21,200)
- Deferred charges and accrued income -€6,310
down €6,310 (-95.1%), from €6,632 to €322
- Tangible fixed assets -€2,590
down €2,590 (-52.0%), from €4,982 to €2,392
of which Furniture and vehicles: -€2,590
- Profit (loss) carried forward -€34,089
down €34,089 (-47.2%), from €72,253 to €38,164
- Trade debts +€15,211
up €15,211 (+50.6%), from €30,073 to €45,284
- Tax, wage and social debts -€7,838
down €7,838 (-48.1%), from €16,287 to €8,449
of which Taxes: -€7,838
- Gross operating margin -€84,547
down €84,547 (-73.3%), from €115,344 to €30,797
- Financial charges +€21,003
up €21,003 (+54.0%), from €38,893 to €59,896
- Taxes -€16,170
down €16,170 (-94.5%), from €17,112 to €942
- Depreciation -€5,201
down €5,201 (-62.3%), from €8,343 to €3,142
- Other operating charges -€1,271
down €1,271 (-47.0%), from €2,705 to €1,434
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 | €204,673 | €177,957 | -€26,716 | -13.1% |
| Fixed assets | 21/28 | €5,344 | €2,753 | -€2,590 | -48.5% |
| Tangible fixed assets | 22/27 | €4,982 | €2,392 | -€2,590 | -52.0% |
| Furniture and vehicles | 24 | €4,982 | €2,392 | -€2,590 | -52.0% |
| Other tangible fixed assets | 26 | €0 | - | -€0 | |
| Financial fixed assets | 28 | €361 | €361 | = | 0.0% |
| Current assets | 29/58 | €199,330 | €175,204 | -€24,126 | -12.1% |
| Amounts receivable within one year | 40/41 | €80,930 | €57,725 | -€23,204 | -28.7% |
| Trade receivables | 40 | €59,738 | €21,203 | -€38,535 | -64.5% |
| Other amounts receivable | 41 | €21,192 | €36,523 | +€15,331 | +72.3% |
| Current investments | 50/53 | - | €21,200 | +€21,200 | |
| Cash at bank and in hand | 54/58 | €111,767 | €95,956 | -€15,812 | -14.1% |
| Deferred charges and accrued income | 490/1 | €6,632 | €322 | -€6,310 | -95.1% |
| Total equity and liabilities | 10/49 | €204,673 | €177,957 | -€26,716 | -13.1% |
| Equity | 10/15 | €158,313 | €124,224 | -€34,089 | -21.5% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Reserves | 13 | €76,860 | €76,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,253 | €38,164 | -€34,089 | -47.2% |
| Amounts payable | 17/49 | €46,360 | €53,733 | +€7,373 | +15.9% |
| Amounts payable within one year | 42/48 | €46,360 | €53,733 | +€7,373 | +15.9% |
| Trade debts | 44 | €30,073 | €45,284 | +€15,211 | +50.6% |
| Suppliers | 440/4 | €30,073 | €45,284 | +€15,211 | +50.6% |
| Taxes, remuneration and social security | 45 | €16,287 | €8,449 | -€7,838 | -48.1% |
| Taxes | 450/3 | €13,287 | €5,449 | -€7,838 | -59.0% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,343 | €3,142 | -€5,201 | -62.3% |
| Other operating charges | 640/8 | €2,705 | €1,434 | -€1,271 | -47.0% |
| Gross operating margin | 9900 | €115,344 | €30,797 | -€84,547 | -73.3% |
| Operating profit (loss) | 9901 | €104,296 | €26,222 | -€78,074 | -74.9% |
| Financial income | 75/76B | €932 | €527 | -€405 | -43.4% |
| Recurring financial income | 75 | €932 | €527 | -€405 | -43.4% |
| Financial charges | 65/66B | €38,893 | €59,896 | +€21,003 | +54.0% |
| Recurring financial charges | 65 | €38,893 | €59,896 | +€21,003 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | €66,335 | -€33,147 | -€99,482 | |
| Income taxes | 67/77 | €17,112 | €942 | -€16,170 | -94.5% |
| Profit (loss) for the period | 9904 | €49,223 | -€34,089 | -€83,312 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,223 | -€34,089 | -€83,312 |
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 4 October 2026 via checked.be.