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YTC: 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.

What changed

YTC

BE 0777.940.394
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€5,965
2024 · €11,990-€17,954
Equity
€35,524
2024 · €41,489-€5,965
Cash
€18,000
2024 · €8,861+€9,139
Balance sheet total
€47,110
2024 · €56,737-€9,627

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€17,649

    down €17,649 (-44.4%), from €39,720 to €22,072

    of which Trade receivables: -€20,000

  • Cash +€9,139

    up €9,139 (+103.1%), from €8,861 to €18,000

    mainly Receivables within one year (+€17,649) and Depreciation (+€2,091)

  • Tangible fixed assets -€918

    down €918 (-15.1%), from €6,089 to €5,171

Equity and liabilities
  • Reserves -€5,965

    down €5,965 (-16.3%), from €36,489 to €30,524

  • Tax, wage and social debts -€3,626

    down €3,626 (-24.7%), from €14,656 to €11,030

    of which Taxes: -€3,528

Income statement
  • Gross operating margin -€23,022

    down €23,022, from €22,148 to -€873

  • Taxes -€3,917

    down €3,917 (-100.0%), from €3,917 to €0

  • Financial charges -€713

    down €713 (-23.3%), from €3,061 to €2,347

  • Other operating charges -€401

    down €401 (-33.3%), from €1,204 to €803

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €11,990
Gross operating margin -€23,022
Depreciation -€115
Other operating charges +€401
Financial income +€150
Financial charges +€713
Taxes +€3,917
Result 2025 -€5,965

Cash bridge derived

cash 2024 to 2025

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.

From operations +€10,312
Investment -€1,173
Financing €0
Cash 2024 €8,861
Net result for the year -€5,965
Depreciation +€2,091
Receivables within one year +€17,649
Deferred charges and accrued income +€199
Trade debts -€36
Tax, wage and social debts -€3,626
Investment in fixed assets (net) -€1,173
Cash 2025 €18,000
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €56,737 €47,110 -€9,627 -17.0%
Fixed assets 21/28 €6,089 €5,171 -€918 -15.1%
Tangible fixed assets 22/27 €6,089 €5,171 -€918 -15.1%
Furniture and vehicles 24 €6,089 €5,171 -€918 -15.1%
Current assets 29/58 €50,648 €41,939 -€8,709 -17.2%
Amounts receivable within one year 40/41 €39,720 €22,072 -€17,649 -44.4%
Trade receivables 40 €35,090 €15,090 -€20,000 -57.0%
Other amounts receivable 41 €4,630 €6,982 +€2,351 +50.8%
Cash at bank and in hand 54/58 €8,861 €18,000 +€9,139 +103.1%
Deferred charges and accrued income 490/1 €2,067 €1,867 -€199 -9.6%
Total equity and liabilities 10/49 €56,737 €47,110 -€9,627 -17.0%
Equity 10/15 €41,489 €35,524 -€5,965 -14.4%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €36,489 €30,524 -€5,965 -16.3%
Distributable reserves 133 €36,489 €30,524 -€5,965 -16.3%
Amounts payable 17/49 €15,248 €11,586 -€3,662 -24.0%
Amounts payable within one year 42/48 €15,248 €11,586 -€3,662 -24.0%
Trade debts 44 €592 €556 -€36 -6.1%
Suppliers 440/4 €592 €556 -€36 -6.1%
Taxes, remuneration and social security 45 €14,656 €11,030 -€3,626 -24.7%
Taxes 450/3 €10,111 €6,583 -€3,528 -34.9%
Remuneration and social security 454/9 €4,546 €4,448 -€98 -2.2%
Other amounts payable 47/48 €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,977 €2,091 +€115 +5.8%
Other operating charges 640/8 €1,204 €803 -€401 -33.3%
Gross operating margin 9900 €22,148 -€873 -€23,022
Operating profit (loss) 9901 €18,968 -€3,767 -€22,735
Financial income 75/76B €0 €150 +€150
Recurring financial income 75 €0 €150 +€150
Financial charges 65/66B €3,061 €2,347 -€713 -23.3%
Recurring financial charges 65 €3,061 €2,347 -€713 -23.3%
Profit (loss) for the period before taxes 9903 €15,907 -€5,965 -€21,872
Income taxes 67/77 €3,917 €0 -€3,917 -100.0%
Profit (loss) for the period 9904 €11,990 -€5,965 -€17,954
Profit (loss) for the period to be appropriated 9905 €11,990 -€5,965 -€17,954

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.