YUM 21C: 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.
What changed
YUM 21C
NACE 91.210, Libraries, archives, museums and other cultural activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€223,998
2024 · -€143,826-€80,172
Equity
€8.1m
2024 · €8.4m-€229,023
Cash
€58,600
2024 · €49,712+€8,889
Balance sheet total
€8.2m
2024 · €8.4m-€236,388
Largest movements
Assets
- Receivables after one year -€1.4m
down €1.4m (-57.1%), from €2.4m to €1.0m
- Tangible fixed assets +€1.2m
up €1.2m (+22.0%), from €5.4m to €6.6m
of which Land and buildings: +€1.2m
Equity and liabilities
- Profit (loss) carried forward -€223,998
down €223,998 (-2.9%), from €7.6m to €7.4m
Income statement
- Depreciation +€38,130
up €38,130 (+30.1%), from €126,631 to €164,761
- Gross operating margin -€33,402
down €33,402 (-203%), from -€16,475 to -€49,877
- Financial income -€27,128
down €27,128 (-36.8%), from €73,812 to €46,684
- Staff costs -€18,510
down €18,510 (-25.3%), from €73,109 to €54,599
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.
Result 2024
-€143,826
Gross operating margin
-€33,402
Staff costs
+€18,510
Depreciation
-€38,130
Other operating charges
-€31
Financial income
-€27,128
Financial charges
+€8
Taxes
-€0
Result 2025
-€223,998
raises the resultlowers the result
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.
From operations
+€1.3m
Investment
-€1.3m
Financing
-€5,025
Cash 2024
€49,712
From operations (derived)
+€1.3m
Net result for the year
-€223,998
Depreciation
+€164,761
Receivables after one year
+€1.4m
Smaller working-capital items
+€3,234
Deferred charges and accrued income
+€13,984
Trade debts
-€11,538
Accrued charges and deferred income
+€3,675
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Current investments
+€73
Financing
-€5,025
Contributions, distributions and other
-€5,025
Cash 2025
€58,600
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,393,507 | €8,157,119 | -€236,388 | -2.8% |
| Fixed assets | 21/28 | €5,485,614 | €6,650,763 | +€1.2m | +21.2% |
| Intangible fixed assets | 21 | €84,029 | €62,730 | -€21,300 | -25.3% |
| Tangible fixed assets | 22/27 | €5,401,508 | €6,587,958 | +€1.2m | +22.0% |
| Land and buildings | 22 | €2,653,733 | €3,839,811 | +€1.2m | +44.7% |
| Furniture and vehicles | 24 | €10,060 | €6,075 | -€3,985 | -39.6% |
| Other tangible fixed assets | 26 | €2,737,715 | €2,742,071 | +€4,356 | +0.2% |
| Financial fixed assets | 28 | €76 | €76 | = | 0.0% |
| Current assets | 29/58 | €2,907,893 | €1,506,356 | -€1.4m | -48.2% |
| Amounts receivable after more than one year | 29 | €2,438,633 | €1,045,000 | -€1.4m | -57.1% |
| Other amounts receivable | 291 | €2,438,633 | €1,045,000 | -€1.4m | -57.1% |
| Stocks and contracts in progress | 3 | €398,662 | €398,662 | = | 0.0% |
| Stocks | 30/36 | €398,662 | €398,662 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,108 | €1,373 | -€2,736 | -66.6% |
| Trade receivables | 40 | €111 | €88 | -€23 | -20.8% |
| Other amounts receivable | 41 | €3,997 | €1,284 | -€2,713 | -67.9% |
| Current investments | 50/53 | €73 | - | -€73 | |
| Cash at bank and in hand | 54/58 | €49,712 | €58,600 | +€8,889 | +17.9% |
| Deferred charges and accrued income | 490/1 | €16,705 | €2,720 | -€13,984 | -83.7% |
| Total equity and liabilities | 10/49 | €8,393,507 | €8,157,119 | -€236,388 | -2.8% |
| Equity | 10/15 | €8,358,050 | €8,129,028 | -€229,023 | -2.7% |
| Contributions | 10/11 | €533,000 | €533,000 | = | 0.0% |
| Capital | 10 | €533,000 | €533,000 | = | 0.0% |
| Issued capital | 100 | €533,000 | €533,000 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,648,247 | €7,424,248 | -€223,998 | -2.9% |
| Investment grants | 15 | €170,654 | €165,629 | -€5,025 | -2.9% |
| Amounts payable | 17/49 | €35,456 | €28,091 | -€7,365 | -20.8% |
| Amounts payable after more than one year | 17 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 178/9 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,331 | €20,291 | -€11,040 | -35.2% |
| Trade debts | 44 | €23,870 | €12,332 | -€11,538 | -48.3% |
| Suppliers | 440/4 | €23,870 | €12,332 | -€11,538 | -48.3% |
| Taxes, remuneration and social security | 45 | €7,461 | €7,942 | +€481 | +6.4% |
| Remuneration and social security | 454/9 | €7,461 | €7,942 | +€481 | +6.4% |
| Other amounts payable | 47/48 | - | €17 | +€17 | |
| Accrued charges and deferred income | 492/3 | €2,125 | €5,800 | +€3,675 | +173% |
| Remuneration, social security and pensions | 62 | €73,109 | €54,599 | -€18,510 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,631 | €164,761 | +€38,130 | +30.1% |
| Other operating charges | 640/8 | €1,118 | €1,148 | +€31 | +2.8% |
| Gross operating margin | 9900 | -€16,475 | -€49,877 | -€33,402 | -203% |
| Operating profit (loss) | 9901 | -€217,332 | -€270,385 | -€53,053 | -24.4% |
| Financial income | 75/76B | €73,812 | €46,684 | -€27,128 | -36.8% |
| Recurring financial income | 75 | €73,812 | €46,684 | -€27,128 | -36.8% |
| Financial charges | 65/66B | €305 | €297 | -€8 | -2.8% |
| Recurring financial charges | 65 | €305 | €297 | -€8 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | -€143,826 | -€223,998 | -€80,172 | -55.7% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€143,826 | -€223,998 | -€80,172 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€143,826 | -€223,998 | -€80,172 | -55.7% |
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 16 October 2026 via checked.be.