YSSI'S: 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.
YSSI'S
Largest movements
- Tangible fixed assets +€75,308
up €75,308 (+15.6%), from €482,613 to €557,921
of which Plant, machinery and equipment: +€61,201
- Receivables after one year -€34,000
down €34,000 (-44.7%), from €76,000 to €42,000
- Cash +€17,982
up €17,982 (+40.4%), from €44,563 to €62,544
mainly Trade debts (+€257,883) and Depreciation (+€205,504)
- Intangible fixed assets -€16,686
down €16,686 (-9.2%), from €180,884 to €164,198
- Stocks and contracts +€16,397
up €16,397 (+36.7%), from €44,694 to €61,092
- Trade debts +€257,883
up €257,883 (+64.1%), from €402,188 to €660,071
- Profit (loss) carried forward -€157,111
down €157,111 (-50.9%), from -€308,530 to -€465,640
- Debts after one year -€133,058
down €133,058 (-28.3%), from €469,869 to €336,811
- Current portion of long-term debt +€41,558
up €41,558 (+47.7%), from €87,038 to €128,596
- Short-term financial debts +€19,656
up €19,656 (+31.6%), from €62,208 to €81,863
- Gross operating margin -€123,978
down €123,978 (-13.5%), from €921,354 to €797,376
- Depreciation +€16,680
up €16,680 (+8.8%), from €188,824 to €205,504
- Financial charges -€16,104
down €16,104 (-30.9%), from €52,148 to €36,044
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.
Derived cash bridge
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 | €981,098 | €1,017,122 | +€36,023 | +3.7% |
| Fixed assets | 21/28 | €669,498 | €728,120 | +€58,622 | +8.8% |
| Intangible fixed assets | 21 | €180,884 | €164,198 | -€16,686 | -9.2% |
| Tangible fixed assets | 22/27 | €482,613 | €557,921 | +€75,308 | +15.6% |
| Land and buildings | 22 | €307,485 | €341,459 | +€33,974 | +11.0% |
| Plant, machinery and equipment | 23 | €109,664 | €170,865 | +€61,201 | +55.8% |
| Furniture and vehicles | 24 | €45,427 | €45,598 | +€171 | +0.4% |
| Leasing and similar rights | 25 | €20,038 | - | -€20,038 | |
| Financial fixed assets | 28 | €6,001 | €6,001 | = | 0.0% |
| Current assets | 29/58 | €311,601 | €289,002 | -€22,598 | -7.3% |
| Amounts receivable after more than one year | 29 | €76,000 | €42,000 | -€34,000 | -44.7% |
| Other amounts receivable | 291 | €76,000 | €42,000 | -€34,000 | -44.7% |
| Stocks and contracts in progress | 3 | €44,694 | €61,092 | +€16,397 | +36.7% |
| Stocks | 30/36 | €44,694 | €61,092 | +€16,397 | +36.7% |
| Amounts receivable within one year | 40/41 | €134,938 | €123,366 | -€11,572 | -8.6% |
| Trade receivables | 40 | €30,430 | €65,284 | +€34,854 | +115% |
| Other amounts receivable | 41 | €104,508 | €58,082 | -€46,426 | -44.4% |
| Cash at bank and in hand | 54/58 | €44,563 | €62,544 | +€17,982 | +40.4% |
| Deferred charges and accrued income | 490/1 | €11,406 | - | -€11,406 | |
| Total equity and liabilities | 10/49 | €981,098 | €1,017,122 | +€36,023 | +3.7% |
| Equity | 10/15 | -€207,373 | -€364,484 | -€157,111 | -75.8% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €76,367 | €76,367 | = | 0.0% |
| Distributable reserves | 133 | €76,367 | €76,367 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€308,530 | -€465,640 | -€157,111 | -50.9% |
| Amounts payable | 17/49 | €1,188,471 | €1,381,605 | +€193,134 | +16.3% |
| Amounts payable after more than one year | 17 | €469,869 | €336,811 | -€133,058 | -28.3% |
| Financial debts | 170/4 | €469,869 | €336,811 | -€133,058 | -28.3% |
| Amounts payable within one year | 42/48 | €716,682 | €1,031,911 | +€315,229 | +44.0% |
| Current portion of amounts payable after more than one year | 42 | €87,038 | €128,596 | +€41,558 | +47.7% |
| Financial debts | 43 | €62,208 | €81,863 | +€19,656 | +31.6% |
| Credit institutions | 430/8 | €62,208 | €81,863 | +€19,656 | +31.6% |
| Trade debts | 44 | €402,188 | €660,071 | +€257,883 | +64.1% |
| Suppliers | 440/4 | €402,188 | €660,071 | +€257,883 | +64.1% |
| Advances received on contracts in progress | 46 | €400 | €470 | +€70 | +17.5% |
| Taxes, remuneration and social security | 45 | €164,084 | €158,453 | -€5,631 | -3.4% |
| Taxes | 450/3 | €66,468 | €32,235 | -€34,233 | -51.5% |
| Remuneration and social security | 454/9 | €97,616 | €126,219 | +€28,602 | +29.3% |
| Other amounts payable | 47/48 | €764 | €2,458 | +€1,693 | +221% |
| Accrued charges and deferred income | 492/3 | €1,920 | €12,883 | +€10,963 | +571% |
| Remuneration, social security and pensions | 62 | €681,667 | €678,451 | -€3,217 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,824 | €205,504 | +€16,680 | +8.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €66 | +€66 | |
| Other operating charges | 640/8 | €20,331 | €17,614 | -€2,718 | -13.4% |
| Non-recurring operating charges | 66A | - | €20,038 | +€20,038 | |
| Gross operating margin | 9900 | €921,354 | €797,376 | -€123,978 | -13.5% |
| Operating profit (loss) | 9901 | €30,532 | -€124,296 | -€154,827 | |
| Financial income | 75/76B | €2,117 | €3,311 | +€1,194 | +56.4% |
| Recurring financial income | 75 | €2,117 | €3,311 | +€1,194 | +56.4% |
| Financial charges | 65/66B | €52,148 | €36,044 | -€16,104 | -30.9% |
| Recurring financial charges | 65 | €52,148 | €36,044 | -€16,104 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,499 | -€157,028 | -€137,529 | -705% |
| Income taxes | 67/77 | €5,550 | €82 | -€5,467 | -98.5% |
| Profit (loss) for the period | 9904 | -€25,049 | -€157,111 | -€132,062 | -527% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,049 | -€157,111 | -€132,062 | -527% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.