Yugal: 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.
Yugal
Largest movements
- Receivables within one year +€24,512
up €24,512 (+150%), from €16,321 to €40,832
of which Other amounts receivable: +€25,958
- Tangible fixed assets +€7,612
up €7,612 (+23.6%), from €32,238 to €39,850
of which Furniture and vehicles: +€13,260
- Cash -€6,632
down €6,632 (-1.8%), from €367,515 to €360,882
mainly Trade debts (-€45,025) and Receivables within one year (-€24,512)
- Reserves +€81,368
up €81,368 (+28.9%), from €281,756 to €363,124
of which Distributable reserves: +€81,368
- Trade debts -€45,025
down €45,025 (-62.8%), from €71,732 to €26,706
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Current portion of long-term debt -€6,940
no longer reported in 2025 (was €6,940)
- Tax, wage and social debts +€5,969
up €5,969 (+25.7%), from €23,229 to €29,198
of which Taxes: +€16,648
- Gross operating margin +€41,213
up €41,213 (+20.4%), from €201,761 to €242,974
- Staff costs -€28,096
down €28,096 (-18.4%), from €152,767 to €124,671
- Taxes +€16,985
up €16,985 (+340%), from €4,994 to €21,979
- Depreciation -€8,272
down €8,272 (-38.8%), from €21,344 to €13,072
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 | €432,897 | €458,268 | +€25,372 | +5.9% |
| Fixed assets | 21/28 | €44,238 | €51,850 | +€7,612 | +17.2% |
| Tangible fixed assets | 22/27 | €32,238 | €39,850 | +€7,612 | +23.6% |
| Plant, machinery and equipment | 23 | €9,467 | €5,320 | -€4,147 | -43.8% |
| Furniture and vehicles | 24 | €9,383 | €22,643 | +€13,260 | +141% |
| Other tangible fixed assets | 26 | €13,388 | €11,887 | -€1,501 | -11.2% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €388,659 | €406,418 | +€17,759 | +4.6% |
| Stocks and contracts in progress | 3 | €4,823 | €4,703 | -€120 | -2.5% |
| Stocks | 30/36 | €4,823 | €4,703 | -€120 | -2.5% |
| Amounts receivable within one year | 40/41 | €16,321 | €40,832 | +€24,512 | +150% |
| Trade receivables | 40 | €1,581 | €135 | -€1,446 | -91.5% |
| Other amounts receivable | 41 | €14,740 | €40,698 | +€25,958 | +176% |
| Cash at bank and in hand | 54/58 | €367,515 | €360,882 | -€6,632 | -1.8% |
| Total equity and liabilities | 10/49 | €432,897 | €458,268 | +€25,372 | +5.9% |
| Equity | 10/15 | €316,756 | €398,124 | +€81,368 | +25.7% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €281,756 | €363,124 | +€81,368 | +28.9% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | €276,756 | €358,124 | +€81,368 | +29.4% |
| Amounts payable | 17/49 | €116,140 | €60,144 | -€55,996 | -48.2% |
| Amounts payable after more than one year | 17 | €4,240 | €4,240 | = | 0.0% |
| Other amounts payable | 178/9 | €4,240 | €4,240 | = | 0.0% |
| Amounts payable within one year | 42/48 | €111,900 | €55,904 | -€55,996 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | €6,940 | - | -€6,940 | |
| Trade debts | 44 | €71,732 | €26,706 | -€45,025 | -62.8% |
| Suppliers | 440/4 | €71,732 | €26,706 | -€45,025 | -62.8% |
| Taxes, remuneration and social security | 45 | €23,229 | €29,198 | +€5,969 | +25.7% |
| Taxes | 450/3 | €6,352 | €23,000 | +€16,648 | +262% |
| Remuneration and social security | 454/9 | €16,876 | €6,198 | -€10,678 | -63.3% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €152,767 | €124,671 | -€28,096 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,344 | €13,072 | -€8,272 | -38.8% |
| Other operating charges | 640/8 | €2,622 | €1,867 | -€754 | -28.8% |
| Gross operating margin | 9900 | €201,761 | €242,974 | +€41,213 | +20.4% |
| Operating profit (loss) | 9901 | €25,028 | €103,364 | +€78,336 | +313% |
| Financial income | 75/76B | - | €901 | +€901 | |
| Recurring financial income | 75 | - | €901 | +€901 | |
| Financial charges | 65/66B | €678 | €918 | +€241 | +35.5% |
| Recurring financial charges | 65 | €678 | €918 | +€241 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €24,351 | €103,347 | +€78,996 | +324% |
| Income taxes | 67/77 | €4,994 | €21,979 | +€16,985 | +340% |
| Profit (loss) for the period | 9904 | €19,357 | €81,368 | +€62,011 | +320% |
| Profit (loss) for the period to be appropriated | 9905 | €19,357 | €81,368 | +€62,011 | +320% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.