Ytax: 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.
Ytax
Largest movements
- Cash +€75,189
up €75,189 (+110%), from €68,563 to €143,752
mainly Other debts (+€233,462) and Net result for the year (+€78,913)
- Current investments +€20,804
new in 2025: €20,804
- Receivables after one year -€20,000
no longer reported in 2025 (was €20,000)
- Tangible fixed assets -€14,496
down €14,496 (-5.5%), from €262,523 to €248,027
of which Furniture and vehicles: -€7,472
- Other debts +€233,462
up €233,462 (+369%), from €63,223 to €296,684
- Reserves -€172,363
down €172,363 (-76.7%), from €224,770 to €52,406
of which Distributable reserves: -€172,363
- Gross operating margin -€16,884
down €16,884 (-12.4%), from €136,321 to €119,438
- Depreciation +€6,005
up €6,005 (+58.3%), from €10,301 to €16,306
- Taxes -€4,450
down €4,450 (-16.6%), from €26,750 to €22,301
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 | €381,230 | €441,566 | +€60,336 | +15.8% |
| Fixed assets | 21/28 | €262,523 | €248,277 | -€14,246 | -5.4% |
| Tangible fixed assets | 22/27 | €262,523 | €248,027 | -€14,496 | -5.5% |
| Land and buildings | 22 | €211,449 | €205,966 | -€5,483 | -2.6% |
| Furniture and vehicles | 24 | €39,497 | €32,025 | -€7,472 | -18.9% |
| Other tangible fixed assets | 26 | €11,577 | €10,037 | -€1,540 | -13.3% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €118,706 | €193,289 | +€74,582 | +62.8% |
| Amounts receivable after more than one year | 29 | €20,000 | - | -€20,000 | |
| Other amounts receivable | 291 | €20,000 | - | -€20,000 | |
| Amounts receivable within one year | 40/41 | €30,143 | €25,876 | -€4,267 | -14.2% |
| Trade receivables | 40 | €30,143 | €22,904 | -€7,239 | -24.0% |
| Other amounts receivable | 41 | - | €2,972 | +€2,972 | |
| Current investments | 50/53 | - | €20,804 | +€20,804 | |
| Cash at bank and in hand | 54/58 | €68,563 | €143,752 | +€75,189 | +110% |
| Deferred charges and accrued income | 490/1 | - | €2,856 | +€2,856 | |
| Total equity and liabilities | 10/49 | €381,230 | €441,566 | +€60,336 | +15.8% |
| Equity | 10/15 | €243,370 | €71,006 | -€172,363 | -70.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €224,770 | €52,406 | -€172,363 | -76.7% |
| 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 | €222,910 | €50,546 | -€172,363 | -77.3% |
| Amounts payable | 17/49 | €137,860 | €370,560 | +€232,700 | +169% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €77,860 | €310,560 | +€232,700 | +299% |
| Trade debts | 44 | €4 | €2,210 | +€2,207 | +58,840% |
| Suppliers | 440/4 | €4 | €2,210 | +€2,207 | +58,840% |
| Taxes, remuneration and social security | 45 | €14,633 | €11,665 | -€2,968 | -20.3% |
| Taxes | 450/3 | €14,633 | €11,665 | -€2,968 | -20.3% |
| Other amounts payable | 47/48 | €63,223 | €296,684 | +€233,462 | +369% |
| Non-recurring operating income | 76A | €6,777 | - | -€6,777 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,301 | €16,306 | +€6,005 | +58.3% |
| Other operating charges | 640/8 | €1,226 | €1,261 | +€35 | +2.9% |
| Gross operating margin | 9900 | €136,321 | €119,438 | -€16,884 | -12.4% |
| Operating profit (loss) | 9901 | €124,795 | €101,870 | -€22,924 | -18.4% |
| Financial income | 75/76B | €1,020 | €886 | -€134 | -13.1% |
| Recurring financial income | 75 | €1,020 | €886 | -€134 | -13.1% |
| Financial charges | 65/66B | €1,372 | €1,543 | +€172 | +12.5% |
| Recurring financial charges | 65 | €1,372 | €1,543 | +€172 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €124,443 | €101,213 | -€23,230 | -18.7% |
| Income taxes | 67/77 | €26,750 | €22,301 | -€4,450 | -16.6% |
| Profit (loss) for the period | 9904 | €97,693 | €78,913 | -€18,780 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €97,693 | €78,913 | -€18,780 | -19.2% |
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 28 October 2026 via checked.be.