YT PROJECTS: 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.
YT PROJECTS
Largest movements
- Deferred charges and accrued income +€21,576
new in 2024: €21,576
- Receivables within one year +€21,572
up €21,572 (+35.8%), from €60,245 to €81,817
of which Trade receivables: +€40,345
- Tangible fixed assets -€13,222
down €13,222 (-29.3%), from €45,065 to €31,843
of which Furniture and vehicles: -€30,453
- Advances received +€35,090
new in 2024: €35,090
- Tax, wage and social debts -€30,176
down €30,176 (-60.1%), from €50,199 to €20,023
of which Taxes: -€29,011
- Profit (loss) carried forward +€21,116
up €21,116 (+206.0%), from €10,251 to €31,367
- Other debts +€5,351
new in 2024: €5,351
- Trade debts -€2,752
down €2,752 (-12.2%), from €22,572 to €19,820
- Turnover -€237,049
no longer reported in 2024 (was €237,049)
- Purchases and services -€53,468
down €53,468 (-25.2%), from €212,097 to €158,629
- Gross operating margin +€37,199
up €37,199 (+118.5%), from €31,398 to €68,597
- Depreciation -€12,332
down €12,332 (-87.9%), from €14,034 to €1,703
- Financial charges +€2,808
up €2,808 (+98.4%), from €2,853 to €5,660
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 | €106,549 | €135,528 | +€28,980 | +27.2% |
| Formation expenses | 20 | €1,239 | - | -€1,239 | |
| Fixed assets | 21/28 | €45,065 | €31,843 | -€13,222 | -29.3% |
| Tangible fixed assets | 22/27 | €45,065 | €31,843 | -€13,222 | -29.3% |
| Land and buildings | 22 | - | €17,231 | +€17,231 | |
| Furniture and vehicles | 24 | €45,065 | €14,613 | -€30,453 | -67.6% |
| Current assets | 29/58 | €60,245 | €103,685 | +€43,440 | +72.1% |
| Amounts receivable within one year | 40/41 | €60,245 | €81,817 | +€21,572 | +35.8% |
| Trade receivables | 40 | €40,545 | €80,890 | +€40,345 | +99.5% |
| Other amounts receivable | 41 | €19,700 | €927 | -€18,773 | -95.3% |
| Cash at bank and in hand | 54/58 | - | €292 | +€292 | |
| Deferred charges and accrued income | 490/1 | - | €21,576 | +€21,576 | |
| Total equity and liabilities | 10/49 | €106,549 | €135,528 | +€28,980 | +27.2% |
| Equity | 10/15 | €11,251 | €32,367 | +€21,116 | +187.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | €1,000 | - | -€1,000 | |
| Other | 1109/19 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | €10,251 | €31,367 | +€21,116 | +206.0% |
| Amounts payable | 17/49 | €95,298 | €103,162 | +€7,864 | +8.3% |
| Amounts payable within one year | 42/48 | €95,298 | €103,162 | +€7,864 | +8.3% |
| Financial debts | 43 | €22,527 | €22,878 | +€351 | +1.6% |
| Credit institutions | 430/8 | €22,527 | €22,878 | +€351 | +1.6% |
| Trade debts | 44 | €22,572 | €19,820 | -€2,752 | -12.2% |
| Suppliers | 440/4 | €22,572 | €19,820 | -€2,752 | -12.2% |
| Advances received on contracts in progress | 46 | - | €35,090 | +€35,090 | |
| Taxes, remuneration and social security | 45 | €50,199 | €20,023 | -€30,176 | -60.1% |
| Taxes | 450/3 | €49,034 | €20,023 | -€29,011 | -59.2% |
| Remuneration and social security | 454/9 | €1,165 | - | -€1,165 | |
| Other amounts payable | 47/48 | - | €5,351 | +€5,351 | |
| Turnover | 70 | €237,049 | - | -€237,049 | |
| Goods, raw materials, services and sundry goods | 60/61 | €212,097 | €158,629 | -€53,468 | -25.2% |
| Remuneration, social security and pensions | 62 | €282 | €148 | -€134 | -47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,034 | €1,703 | -€12,332 | -87.9% |
| Other operating charges | 640/8 | €1,243 | €1,457 | +€214 | +17.2% |
| Non-recurring operating charges | 66A | - | €38,513 | +€38,513 | |
| Gross operating margin | 9900 | €31,398 | €68,597 | +€37,199 | +118.5% |
| Operating profit (loss) | 9901 | €15,839 | €26,776 | +€10,937 | +69.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,853 | €5,660 | +€2,808 | +98.4% |
| Recurring financial charges | 65 | €2,853 | €5,660 | +€2,808 | +98.4% |
| Profit (loss) for the period before taxes | 9903 | €12,986 | €21,116 | +€8,130 | +62.6% |
| Income taxes | 67/77 | €2,735 | - | -€2,735 | |
| Profit (loss) for the period | 9904 | €10,251 | €21,116 | +€10,865 | +106.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,251 | €21,116 | +€10,865 | +106.0% |
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.