YUKSEL CONSTRUCTION: 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 CONSTRUCTION
Largest movements
- Tangible fixed assets +€2.7m
up €2.7m (+2035.0%), from €131,808 to €2.8m
of which Land and buildings: +€2.7m
- Cash +€55,195
up €55,195 (+749.0%), from €7,369 to €62,565
mainly Debts after one year (+€2.3m) and Trade debts (+€282,151)
- Receivables within one year -€50,227
down €50,227 (-71.0%), from €70,779 to €20,552
of which Trade receivables: -€55,077
- Debts after one year +€2.3m
up €2.3m (+4144.4%), from €55,574 to €2.4m
of which Financial debts: +€2.3m
- Trade debts +€282,151
up €282,151 (+627.0%), from €45,000 to €327,150
- Current portion of long-term debt +€93,907
up €93,907 (+216.0%), from €43,483 to €137,391
- Reserves +€79,555
up €79,555 (+16.0%), from €498,501 to €578,056
- Tax, wage and social debts -€65,707
down €65,707 (-61.7%), from €106,468 to €40,761
of which Taxes: -€54,143
- Gross operating margin -€136,205
down €136,205 (-34.9%), from €390,304 to €254,099
- Taxes -€39,219
down €39,219 (-59.0%), from €66,478 to €27,259
- Depreciation +€15,771
up €15,771 (+23.7%), from €66,488 to €82,259
- Staff costs -€7,037
down €7,037 (-16.7%), from €42,091 to €35,054
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.
Cash bridge derived
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 | €868,531 | €3,591,467 | +€2.7m | +313.5% |
| Fixed assets | 21/28 | €132,632 | €2,814,878 | +€2.7m | +2022.3% |
| Tangible fixed assets | 22/27 | €131,808 | €2,814,054 | +€2.7m | +2035.0% |
| Land and buildings | 22 | - | €2,676,145 | +€2.7m | |
| Plant, machinery and equipment | 23 | €69,242 | €104,969 | +€35,726 | +51.6% |
| Furniture and vehicles | 24 | €62,565 | €32,941 | -€29,625 | -47.4% |
| Financial fixed assets | 28 | €824 | €824 | = | 0.0% |
| Current assets | 29/58 | €735,899 | €776,589 | +€40,690 | +5.5% |
| Stocks and contracts in progress | 3 | €654,683 | €689,629 | +€34,946 | +5.3% |
| Stocks | 30/36 | €654,683 | €689,629 | +€34,946 | +5.3% |
| Amounts receivable within one year | 40/41 | €70,779 | €20,552 | -€50,227 | -71.0% |
| Trade receivables | 40 | €55,077 | - | -€55,077 | |
| Other amounts receivable | 41 | €15,702 | €20,552 | +€4,850 | +30.9% |
| Cash at bank and in hand | 54/58 | €7,369 | €62,565 | +€55,195 | +749.0% |
| Deferred charges and accrued income | 490/1 | €3,068 | €3,844 | +€776 | +25.3% |
| Total equity and liabilities | 10/49 | €868,531 | €3,591,467 | +€2.7m | +313.5% |
| Equity | 10/15 | €518,961 | €598,516 | +€79,555 | +15.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €498,501 | €578,056 | +€79,555 | +16.0% |
| Distributable reserves | 133 | €498,501 | €578,056 | +€79,555 | +16.0% |
| Amounts payable | 17/49 | €349,570 | €2,992,951 | +€2.6m | +756.2% |
| Amounts payable after more than one year | 17 | €55,574 | €2,358,777 | +€2.3m | +4144.4% |
| Financial debts | 170/4 | €55,574 | €2,352,927 | +€2.3m | +4133.8% |
| Other amounts payable | 178/9 | - | €5,850 | +€5,850 | |
| Amounts payable within one year | 42/48 | €293,995 | €631,954 | +€337,959 | +115.0% |
| Current portion of amounts payable after more than one year | 42 | €43,483 | €137,391 | +€93,907 | +216.0% |
| Trade debts | 44 | €45,000 | €327,150 | +€282,151 | +627.0% |
| Suppliers | 440/4 | €45,000 | €327,150 | +€282,151 | +627.0% |
| Taxes, remuneration and social security | 45 | €106,468 | €40,761 | -€65,707 | -61.7% |
| Taxes | 450/3 | €91,235 | €37,092 | -€54,143 | -59.3% |
| Remuneration and social security | 454/9 | €15,233 | €3,669 | -€11,564 | -75.9% |
| Other amounts payable | 47/48 | €99,044 | €126,652 | +€27,608 | +27.9% |
| Accrued charges and deferred income | 492/3 | - | €2,220 | +€2,220 | |
| Remuneration, social security and pensions | 62 | €42,091 | €35,054 | -€7,037 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,488 | €82,259 | +€15,771 | +23.7% |
| Other operating charges | 640/8 | €53 | €201 | +€147 | +276.8% |
| Gross operating margin | 9900 | €390,304 | €254,099 | -€136,205 | -34.9% |
| Operating profit (loss) | 9901 | €281,672 | €136,585 | -€145,087 | -51.5% |
| Financial charges | 65/66B | €27,019 | €29,772 | +€2,753 | +10.2% |
| Recurring financial charges | 65 | €27,019 | €29,772 | +€2,753 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €254,653 | €106,813 | -€147,840 | -58.1% |
| Income taxes | 67/77 | €66,478 | €27,259 | -€39,219 | -59.0% |
| Profit (loss) for the period | 9904 | €188,176 | €79,555 | -€108,621 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €188,176 | €79,555 | -€108,621 | -57.7% |
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 9 October 2026 via checked.be.