YUSO: 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
YUSO
NACE 35.140, Electricity, gas, steam and air conditioning supply
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€710,024
2024 · €1.4m-€671,083
Equity
€9.0m
2024 · €8.3m+€710,024
Cash
€6.1m
2024 · €4.1m+€2.0m
Balance sheet total
€30.1m
2024 · €24.1m+€6.1m
Largest movements
Assets
- Cash +€2.0m
up €2.0m (+47.8%), from €4.1m to €6.1m
mainly Trade debts (+€4.5m) and Accrued charges and deferred income (+€1.1m)
- Receivables within one year +€1.6m
up €1.6m (+9.6%), from €16.7m to €18.4m
of which Trade receivables: +€2.9m
- Tangible fixed assets +€1.1m
up €1.1m (+217%), from €500,113 to €1.6m
of which Other tangible fixed assets: +€785,175
- Current investments +€838,535
up €838,535 (+118%), from €713,089 to €1.6m
- Financial fixed assets +€358,255
up €358,255 (+19.2%), from €1.9m to €2.2m
of which Other financial fixed assets: +€318,255
Equity and liabilities
- Trade debts +€4.5m
up €4.5m (+40.2%), from €11.1m to €15.5m
- Accrued charges and deferred income +€1.1m
up €1.1m (+94.0%), from €1.2m to €2.3m
- Profit (loss) carried forward +€710,024
up €710,024 (+29.6%), from €2.4m to €3.1m
- Other debts -€309,607
down €309,607 (-51.2%), from €604,165 to €294,558
Income statement
- Turnover +€3.7m
up €3.7m (+3.6%), from €101.8m to €105.4m
- Goods and materials +€2.6m
up €2.6m (+2.7%), from €94.3m to €96.9m
- Services and other goods +€1.1m
up €1.1m (+34.5%), from €3.1m to €4.1m
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.
Result 2024
€1.4m
Turnover
+€3.7m
Other operating income
+€282,846
Goods and materials
-€2.6m
Services and other goods
-€1.1m
Staff costs
-€759,408
Depreciation
-€56,432
Write-downs
-€21,230
Other operating charges
+€7,177
Other operating items
-€77,598
Financial income
+€6,556
Financial charges
-€225,092
Taxes
+€142,577
Result 2025
€710,024
raises the resultlowers the resultnot broken down further in the accounts
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
+€4.5m
Investment
-€2.5m
Financing
€0
Cash 2024
€4.1m
From operations (derived)
+€4.5m
Net result for the year
+€710,024
Depreciation
+€185,034
Receivables within one year
-€1.6m
Deferred charges and accrued income
-€146,537
Trade debts
+€4.5m
Tax, wage and social debts
+€10,740
Advances received
+€69,986
Other debts
-€309,607
Accrued charges and deferred income
+€1.1m
Investment (derived)
-€2.5m
Investment in fixed assets (net)
-€1.7m
Current investments
-€838,535
Cash 2025
€6.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,074,232 | €30,144,555 | +€6.1m | +25.2% |
| Fixed assets | 21/28 | €2,479,362 | €3,985,974 | +€1.5m | +60.8% |
| Intangible fixed assets | 21 | €116,120 | €179,161 | +€63,041 | +54.3% |
| Tangible fixed assets | 22/27 | €500,113 | €1,585,429 | +€1.1m | +217% |
| Plant, machinery and equipment | 23 | €136,850 | €406,409 | +€269,559 | +197% |
| Furniture and vehicles | 24 | €107,708 | €197,581 | +€89,873 | +83.4% |
| Other tangible fixed assets | 26 | €51,576 | €836,751 | +€785,175 | +1,522% |
| Assets under construction and advance payments | 27 | €203,979 | €144,688 | -€59,291 | -29.1% |
| Financial fixed assets | 28 | €1,863,129 | €2,221,384 | +€358,255 | +19.2% |
| Affiliated companies | 280/1 | €10,000 | €20,000 | +€10,000 | +100% |
| Participating interests | 280 | €10,000 | €20,000 | +€10,000 | +100% |
| Companies linked by participating interests | 282/3 | €556,826 | €586,826 | +€30,000 | +5.4% |
| Participating interests | 282 | €1,860 | €1,860 | = | 0.0% |
| Amounts receivable | 283 | €554,966 | €584,966 | +€30,000 | +5.4% |
| Other financial fixed assets | 284/8 | €1,296,303 | €1,614,558 | +€318,255 | +24.6% |
| Amounts receivable and cash guarantees | 285/8 | €1,296,303 | €1,614,558 | +€318,255 | +24.6% |
| Current assets | 29/58 | €21,594,870 | €26,158,581 | +€4.6m | +21.1% |
| Amounts receivable within one year | 40/41 | €16,749,755 | €18,356,523 | +€1.6m | +9.6% |
| Trade receivables | 40 | €14,738,808 | €17,629,717 | +€2.9m | +19.6% |
| Other amounts receivable | 41 | €2,010,947 | €726,806 | -€1.3m | -63.9% |
| Current investments | 50/53 | €713,089 | €1,551,624 | +€838,535 | +118% |
| Other investments | 51/53 | €713,089 | €1,551,624 | +€838,535 | +118% |
| Cash at bank and in hand | 54/58 | €4,121,584 | €6,093,455 | +€2.0m | +47.8% |
| Deferred charges and accrued income | 490/1 | €10,442 | €156,979 | +€146,537 | +1,403% |
| Total equity and liabilities | 10/49 | €24,074,232 | €30,144,555 | +€6.1m | +25.2% |
| Equity | 10/15 | €8,296,105 | €9,006,129 | +€710,024 | +8.6% |
| Contributions | 10/11 | €5,895,000 | €5,895,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,401,105 | €3,111,129 | +€710,024 | +29.6% |
| Amounts payable | 17/49 | €15,778,127 | €21,138,426 | +€5.4m | +34.0% |
| Amounts payable within one year | 42/48 | €14,577,181 | €18,808,327 | +€4.2m | +29.0% |
| Trade debts | 44 | €11,086,540 | €15,546,567 | +€4.5m | +40.2% |
| Suppliers | 440/4 | €11,086,540 | €15,546,567 | +€4.5m | +40.2% |
| Advances received on contracts in progress | 46 | €1,340,627 | €1,410,613 | +€69,986 | +5.2% |
| Taxes, remuneration and social security | 45 | €1,545,849 | €1,556,589 | +€10,740 | +0.7% |
| Taxes | 450/3 | €260,579 | €580,310 | +€319,731 | +123% |
| Remuneration and social security | 454/9 | €1,285,270 | €976,279 | -€308,991 | -24.0% |
| Other amounts payable | 47/48 | €604,165 | €294,558 | -€309,607 | -51.2% |
| Accrued charges and deferred income | 492/3 | €1,200,946 | €2,330,099 | +€1.1m | +94.0% |
| Operating income | 70/76A | €101,887,532 | €105,833,192 | +€3.9m | +3.9% |
| Turnover | 70 | €101,783,229 | €105,435,777 | +€3.7m | +3.6% |
| Other operating income | 74 | €98,460 | €381,306 | +€282,846 | +287% |
| Non-recurring operating income | 76A | €5,843 | €16,109 | +€10,266 | +176% |
| Operating charges | 60/66A | €100,167,132 | €104,707,916 | +€4.5m | +4.5% |
| Goods for resale, raw materials and consumables | 60 | €94,315,961 | €96,880,467 | +€2.6m | +2.7% |
| Purchases | 600/8 | €94,315,961 | €96,880,467 | +€2.6m | +2.7% |
| Services and other goods | 61 | €3,066,903 | €4,125,424 | +€1.1m | +34.5% |
| Remuneration, social security and pensions | 62 | €2,656,952 | €3,416,360 | +€759,408 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,602 | €185,034 | +€56,432 | +43.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,432 | €10,798 | +€21,230 | |
| Other operating charges | 640/8 | €8,675 | €1,498 | -€7,177 | -82.7% |
| Non-recurring operating charges | 66A | €471 | €88,335 | +€87,864 | +18,655% |
| Operating profit (loss) | 9901 | €1,720,400 | €1,125,276 | -€595,124 | -34.6% |
| Financial income | 75/76B | €103,288 | €109,844 | +€6,556 | +6.3% |
| Recurring financial income | 75 | €103,288 | €109,844 | +€6,556 | +6.3% |
| Income from financial fixed assets | 750 | - | €55,814 | +€55,814 | |
| Income from current assets | 751 | €73,682 | €46,586 | -€27,096 | -36.8% |
| Other financial income | 752/9 | €29,606 | €7,444 | -€22,162 | -74.9% |
| Financial charges | 65/66B | €60,319 | €285,411 | +€225,092 | +373% |
| Recurring financial charges | 65 | €60,319 | €285,411 | +€225,092 | +373% |
| Debt charges | 650 | €76 | €24,116 | +€24,040 | +31,632% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €250,000 | +€250,000 | |
| Other financial charges | 652/9 | €60,243 | €11,295 | -€48,948 | -81.3% |
| Profit (loss) for the period before taxes | 9903 | €1,763,369 | €949,709 | -€813,660 | -46.1% |
| Income taxes | 67/77 | €382,262 | €239,685 | -€142,577 | -37.3% |
| Taxes | 670/3 | €471,263 | €256,663 | -€214,600 | -45.5% |
| Tax adjustments and reversals of tax provisions | 77 | €89,001 | €16,978 | -€72,023 | -80.9% |
| Profit (loss) for the period | 9904 | €1,381,107 | €710,024 | -€671,083 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,381,107 | €710,024 | -€671,083 | -48.6% |
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 17 October 2026 via checked.be.