YTIAX: 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.
YTIAX
Largest movements
- Tangible fixed assets -€522,560
down €522,560 (-51.8%), from €1.0m to €487,212
of which Land and buildings: -€558,532
- Debts after one year -€599,768
no longer reported in 2025 (was €599,768)
- Profit (loss) carried forward +€107,366
no longer reported in 2025 (was -€107,366)
- Other debts -€103,993
down €103,993 (-30.5%), from €340,584 to €236,591
- Trade debts +€51,211
up €51,211 (+351%), from €14,573 to €65,783
- Reserves +€39,671
new in 2025: €39,671
- Gross operating margin +€250,290
up €250,290 (+470%), from €53,227 to €303,517
- Turnover -€67,351
no longer reported in 2025 (was €67,351)
- Financial charges +€38,809
up €38,809 (+241%), from €16,083 to €54,892
- Other operating charges +€38,801
up €38,801 (+659%), from €5,888 to €44,689
- Taxes +€19,879
new in 2025: €19,879
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 | €1,025,028 | €502,484 | -€522,544 | -51.0% |
| Formation expenses | 20 | €2,326 | - | -€2,326 | |
| Fixed assets | 21/28 | €1,009,972 | €487,412 | -€522,560 | -51.7% |
| Tangible fixed assets | 22/27 | €1,009,772 | €487,212 | -€522,560 | -51.8% |
| Land and buildings | 22 | €1,009,772 | €451,240 | -€558,532 | -55.3% |
| Plant, machinery and equipment | 23 | - | €1,198 | +€1,198 | |
| Furniture and vehicles | 24 | - | €34,774 | +€34,774 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €12,730 | €15,072 | +€2,342 | +18.4% |
| Amounts receivable within one year | 40/41 | €9,800 | €5,000 | -€4,800 | -49.0% |
| Trade receivables | 40 | €4,800 | - | -€4,800 | |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €253 | €7,395 | +€7,142 | +2,824% |
| Deferred charges and accrued income | 490/1 | €2,677 | €2,677 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,025,028 | €502,484 | -€522,544 | -51.0% |
| Equity | 10/15 | €23,194 | €170,231 | +€147,037 | +634% |
| Contributions | 10/11 | €130,560 | €130,560 | = | 0.0% |
| Reserves | 13 | - | €39,671 | +€39,671 | |
| Distributable reserves | 133 | - | €39,671 | +€39,671 | |
| Profit (loss) carried forward | 14 | -€107,366 | - | +€107,366 | |
| Amounts payable | 17/49 | €1,001,834 | €332,253 | -€669,581 | -66.8% |
| Amounts payable after more than one year | 17 | €599,768 | - | -€599,768 | |
| Financial debts | 170/4 | €599,768 | - | -€599,768 | |
| Amounts payable within one year | 42/48 | €402,066 | €332,253 | -€69,813 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €36,909 | - | -€36,909 | |
| Trade debts | 44 | €14,573 | €65,783 | +€51,211 | +351% |
| Suppliers | 440/4 | €14,573 | €65,783 | +€51,211 | +351% |
| Advances received on contracts in progress | 46 | €10,000 | €10,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €19,879 | +€19,879 | |
| Taxes | 450/3 | - | €19,879 | +€19,879 | |
| Other amounts payable | 47/48 | €340,584 | €236,591 | -€103,993 | -30.5% |
| Turnover | 70 | €67,351 | - | -€67,351 | |
| Goods, raw materials, services and sundry goods | 60/61 | €14,124 | - | -€14,124 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,498 | €22,009 | -€8,489 | -27.8% |
| Other operating charges | 640/8 | €5,888 | €44,689 | +€38,801 | +659% |
| Non-recurring operating charges | 66A | - | €15,512 | +€15,512 | |
| Gross operating margin | 9900 | €53,227 | €303,517 | +€250,290 | +470% |
| Operating profit (loss) | 9901 | €16,841 | €221,308 | +€204,467 | +1,214% |
| Financial income | 75/76B | - | €500 | +€500 | |
| Recurring financial income | 75 | - | €500 | +€500 | |
| Financial charges | 65/66B | €16,083 | €54,892 | +€38,809 | +241% |
| Recurring financial charges | 65 | €16,083 | €54,892 | +€38,809 | +241% |
| Profit (loss) for the period before taxes | 9903 | €758 | €166,916 | +€166,158 | +21,912% |
| Income taxes | 67/77 | - | €19,879 | +€19,879 | |
| Profit (loss) for the period | 9904 | €758 | €147,037 | +€146,279 | +19,290% |
| Profit (loss) for the period to be appropriated | 9905 | €758 | €147,037 | +€146,279 | +19,290% |
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 20 October 2026 via checked.be.