YUKSEL: 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.
YUKSEL
Largest movements
- Receivables within one year +€1.6m
up €1.6m (+3,838%), from €41,455 to €1.6m
- Cash +€370,848
up €370,848 (+239%), from €155,336 to €526,184
mainly Trade debts (+€1.3m) and Tax, wage and social debts (+€643,164)
- Trade debts +€1.3m
up €1.3m (+365%), from €342,355 to €1.6m
- Tax, wage and social debts +€643,164
up €643,164 (+2,324%), from €27,672 to €670,836
of which Remuneration and social security: +€670,836
- Profit (loss) carried forward +€170,957
up €170,957 (+31.3%), from €546,908 to €717,865
- Other debts -€48,201
down €48,201 (-50.7%), from €95,104 to €46,903
- Current portion of long-term debt -€40,471
down €40,471 (-86.0%), from €47,064 to €6,593
- Turnover +€136,378
up €136,378 (+4.3%), from €3.2m to €3.3m
- Purchases and services +€130,713
up €130,713 (+4.4%), from €2.9m to €3.1m
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 | €1,248,615 | €3,224,891 | +€2.0m | +158% |
| Fixed assets | 21/28 | €141,879 | €156,425 | +€14,546 | +10.3% |
| Tangible fixed assets | 22/27 | €141,795 | €156,341 | +€14,546 | +10.3% |
| Land and buildings | 22 | €132,010 | €132,010 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,785 | €24,331 | +€14,546 | +149% |
| Financial fixed assets | 28 | €84 | €84 | = | 0.0% |
| Current assets | 29/58 | €1,106,736 | €3,068,466 | +€2.0m | +177% |
| Stocks and contracts in progress | 3 | €906,679 | €906,679 | = | 0.0% |
| Stocks | 30/36 | €906,679 | €906,679 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,455 | €1,632,338 | +€1.6m | +3,838% |
| Trade receivables | 40 | €41,455 | €1,632,338 | +€1.6m | +3,838% |
| Cash at bank and in hand | 54/58 | €155,336 | €526,184 | +€370,848 | +239% |
| Deferred charges and accrued income | 490/1 | €3,266 | €3,265 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €1,248,615 | €3,224,891 | +€2.0m | +158% |
| Equity | 10/15 | €567,360 | €738,317 | +€170,957 | +30.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €546,908 | €717,865 | +€170,957 | +31.3% |
| Amounts payable | 17/49 | €681,255 | €2,486,574 | +€1.8m | +265% |
| Amounts payable after more than one year | 17 | €167,624 | €167,625 | +€1 | 0.0% |
| Financial debts | 170/4 | €167,624 | €167,625 | +€1 | 0.0% |
| Amounts payable within one year | 42/48 | €512,195 | €2,317,514 | +€1.8m | +352% |
| Current portion of amounts payable after more than one year | 42 | €47,064 | €6,593 | -€40,471 | -86.0% |
| Trade debts | 44 | €342,355 | €1,593,182 | +€1.3m | +365% |
| Suppliers | 440/4 | €342,355 | €1,593,182 | +€1.3m | +365% |
| Taxes, remuneration and social security | 45 | €27,672 | €670,836 | +€643,164 | +2,324% |
| Taxes | 450/3 | €27,672 | - | -€27,672 | |
| Remuneration and social security | 454/9 | - | €670,836 | +€670,836 | |
| Other amounts payable | 47/48 | €95,104 | €46,903 | -€48,201 | -50.7% |
| Accrued charges and deferred income | 492/3 | €1,436 | €1,435 | -€1 | -0.1% |
| Turnover | 70 | €3,189,538 | €3,325,916 | +€136,378 | +4.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,947,974 | €3,078,687 | +€130,713 | +4.4% |
| Remuneration, social security and pensions | 62 | €7,241 | €4,354 | -€2,887 | -39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,552 | - | -€17,552 | |
| Other operating charges | 640/8 | €3,510 | €2,319 | -€1,191 | -33.9% |
| Non-recurring operating charges | 66A | €2,132 | €903 | -€1,229 | -57.6% |
| Gross operating margin | 9900 | €241,564 | €247,229 | +€5,665 | +2.3% |
| Operating profit (loss) | 9901 | €211,129 | €239,653 | +€28,524 | +13.5% |
| Financial income | 75/76B | €26 | €5 | -€21 | -80.8% |
| Recurring financial income | 75 | €26 | €5 | -€21 | -80.8% |
| Financial charges | 65/66B | €8,111 | €2,656 | -€5,455 | -67.3% |
| Recurring financial charges | 65 | €8,111 | €2,656 | -€5,455 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | €203,044 | €237,002 | +€33,958 | +16.7% |
| Income taxes | 67/77 | €55,652 | €66,044 | +€10,392 | +18.7% |
| Profit (loss) for the period | 9904 | €147,392 | €170,958 | +€23,566 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €147,392 | €170,958 | +€23,566 | +16.0% |
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 13 October 2026 via checked.be.