YVAGA: 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
YVAGA
NACE 43.120, Site preparation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€977,774
2024 · -€177,336+€1.2m
Equity
€2.4m
2024 · €1.7m+€727,774
Cash
€225,380
2024 · €110,651+€114,729
Balance sheet total
€7.7m
2024 · €6.5m+€1.2m
Largest movements
Assets
- Tangible fixed assets +€949,763
up €949,763 (+34.4%), from €2.8m to €3.7m
of which Leasing and similar rights: +€1.0m
- Receivables within one year +€361,052
up €361,052 (+13.1%), from €2.7m to €3.1m
of which Trade receivables: +€300,504
- Stocks and contracts -€175,487
down €175,487 (-70.8%), from €247,923 to €72,437
- Cash +€114,729
up €114,729 (+104%), from €110,651 to €225,380
mainly Net result for the year (+€977,774) and Depreciation (+€728,678)
Equity and liabilities
- Reserves +€727,774
up €727,774 (+46.8%), from €1.6m to €2.3m
of which Tax-exempt reserves: +€373,523
- Debts after one year +€606,915
up €606,915 (+58.7%), from €1.0m to €1.6m
of which Financial debts: +€614,915
- Trade debts -€563,055
down €563,055 (-24.7%), from €2.3m to €1.7m
- Other debts +€225,000
up €225,000 (+33.6%), from €670,419 to €895,419
- Current portion of long-term debt +€164,550
up €164,550 (+35.4%), from €464,800 to €629,350
Income statement
- Turnover +€3.1m
up €3.1m (+48.4%), from €6.3m to €9.4m
- Goods and materials +€1.1m
up €1.1m (+137%), from €777,548 to €1.8m
of which Purchases: +€808,413
- Staff costs +€413,667
up €413,667 (+17.5%), from €2.4m to €2.8m
- Services and other goods +€324,280
up €324,280 (+10.1%), from €3.2m to €3.5m
- Other operating income -€250,828
down €250,828 (-45.1%), from €555,733 to €304,904
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
-€177,336
Turnover
+€3.1m
Other operating income
-€250,828
Goods and materials
-€1.1m
Services and other goods
-€324,280
Staff costs
-€413,667
Depreciation
-€30,694
Write-downs
+€3,158
Other operating charges
-€13,070
Other operating items
+€263,511
Financial income
+€320
Financial charges
-€26,976
Taxes
-€40,586
Result 2025
€977,774
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
+€1.4m
Investment
-€1.7m
Financing
+€426,464
Cash 2024
€110,651
From operations (derived)
+€1.4m
Net result for the year
+€977,774
Depreciation
+€728,678
Stocks and contracts
+€175,487
Receivables within one year
-€361,052
Deferred charges and accrued income
+€18,805
Provisions
-€2,850
Trade debts
-€563,055
Tax, wage and social debts
+€50,561
Other debts
+€225,000
Accrued charges and deferred income
+€131,284
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.7m
Financing
+€426,464
Debts after one year
+€606,915
Current portion of long-term debt
+€164,550
Short-term financial debts
-€95,000
Contributions, distributions and other
-€250,000
Cash 2025
€225,380
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,461,291 | €7,706,469 | +€1.2m | +19.3% |
| Fixed assets | 21/28 | €2,834,313 | €3,798,001 | +€963,689 | +34.0% |
| Intangible fixed assets | 21 | €60,320 | €70,780 | +€10,460 | +17.3% |
| Tangible fixed assets | 22/27 | €2,764,158 | €3,713,920 | +€949,763 | +34.4% |
| Land and buildings | 22 | €218,626 | €212,277 | -€6,349 | -2.9% |
| Plant, machinery and equipment | 23 | €28,313 | €51,683 | +€23,370 | +82.5% |
| Furniture and vehicles | 24 | €1,413,669 | €1,329,108 | -€84,562 | -6.0% |
| Leasing and similar rights | 25 | €1,103,549 | €2,120,852 | +€1.0m | +92.2% |
| Financial fixed assets | 28 | €9,835 | €13,301 | +€3,466 | +35.2% |
| Other financial fixed assets | 284/8 | €9,835 | €13,301 | +€3,466 | +35.2% |
| Amounts receivable and cash guarantees | 285/8 | €9,835 | €13,301 | +€3,466 | +35.2% |
| Current assets | 29/58 | €3,626,979 | €3,908,468 | +€281,489 | +7.8% |
| Stocks and contracts in progress | 3 | €247,923 | €72,437 | -€175,487 | -70.8% |
| Stocks | 30/36 | €247,923 | €72,437 | -€175,487 | -70.8% |
| Raw materials and consumables | 30/31 | €136,527 | €55,437 | -€81,091 | -59.4% |
| Goods purchased for resale | 34 | €111,396 | €17,000 | -€94,396 | -84.7% |
| Amounts receivable within one year | 40/41 | €2,745,955 | €3,107,006 | +€361,052 | +13.1% |
| Trade receivables | 40 | €2,175,140 | €2,475,644 | +€300,504 | +13.8% |
| Other amounts receivable | 41 | €570,815 | €631,362 | +€60,548 | +10.6% |
| Cash at bank and in hand | 54/58 | €110,651 | €225,380 | +€114,729 | +104% |
| Deferred charges and accrued income | 490/1 | €522,450 | €503,645 | -€18,805 | -3.6% |
| Total equity and liabilities | 10/49 | €6,461,291 | €7,706,469 | +€1.2m | +19.3% |
| Equity | 10/15 | €1,658,153 | €2,385,927 | +€727,774 | +43.9% |
| Contributions | 10/11 | €103,075 | €103,075 | = | 0.0% |
| Capital | 10 | €103,075 | €103,075 | = | 0.0% |
| Issued capital | 100 | €103,075 | €103,075 | = | 0.0% |
| Reserves | 13 | €1,555,078 | €2,282,852 | +€727,774 | +46.8% |
| Non-distributable reserves | 130/1 | €10,307 | €10,307 | = | 0.0% |
| Legal reserve | 130 | €10,307 | €10,307 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,135,642 | €1,509,165 | +€373,523 | +32.9% |
| Distributable reserves | 133 | €409,129 | €763,380 | +€354,251 | +86.6% |
| Provisions and deferred taxes | 16 | €8,550 | €5,700 | -€2,850 | -33.3% |
| Deferred taxes | 168 | €8,550 | €5,700 | -€2,850 | -33.3% |
| Amounts payable | 17/49 | €4,794,588 | €5,314,842 | +€520,254 | +10.9% |
| Amounts payable after more than one year | 17 | €1,034,035 | €1,640,949 | +€606,915 | +58.7% |
| Financial debts | 170/4 | €1,026,035 | €1,640,949 | +€614,915 | +59.9% |
| Leasing and similar obligations | 172 | €794,574 | €1,547,938 | +€753,364 | +94.8% |
| Credit institutions | 173 | €231,460 | €93,011 | -€138,449 | -59.8% |
| Other amounts payable | 178/9 | €8,000 | €0 | -€8,000 | -100% |
| Amounts payable within one year | 42/48 | €3,751,282 | €3,533,337 | -€217,945 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €464,800 | €629,350 | +€164,550 | +35.4% |
| Financial debts | 43 | €95,000 | €0 | -€95,000 | -100% |
| Credit institutions | 430/8 | €75,000 | €0 | -€75,000 | -100% |
| Other loans | 439 | €20,000 | €0 | -€20,000 | -100% |
| Trade debts | 44 | €2,277,316 | €1,714,261 | -€563,055 | -24.7% |
| Suppliers | 440/4 | €2,277,316 | €1,714,261 | -€563,055 | -24.7% |
| Taxes, remuneration and social security | 45 | €243,746 | €294,307 | +€50,561 | +20.7% |
| Taxes | 450/3 | €41,791 | €137,893 | +€96,102 | +230% |
| Remuneration and social security | 454/9 | €201,955 | €156,414 | -€45,541 | -22.6% |
| Other amounts payable | 47/48 | €670,419 | €895,419 | +€225,000 | +33.6% |
| Accrued charges and deferred income | 492/3 | €9,272 | €140,555 | +€131,284 | +1,416% |
| Operating income | 70/76A | €6,987,631 | €10,078,113 | +€3.1m | +44.2% |
| Turnover | 70 | €6,309,569 | €9,362,354 | +€3.1m | +48.4% |
| Other operating income | 74 | €555,733 | €304,904 | -€250,828 | -45.1% |
| Non-recurring operating income | 76A | €122,330 | €410,855 | +€288,525 | +236% |
| Operating charges | 60/66A | €7,103,229 | €8,971,360 | +€1.9m | +26.3% |
| Goods for resale, raw materials and consumables | 60 | €777,548 | €1,842,113 | +€1.1m | +137% |
| Purchases | 600/8 | €887,960 | €1,696,373 | +€808,413 | +91.0% |
| Change in stocks: decrease (increase) | 609 | -€110,412 | €145,741 | +€256,153 | |
| Services and other goods | 61 | €3,211,440 | €3,535,719 | +€324,280 | +10.1% |
| Remuneration, social security and pensions | 62 | €2,358,871 | €2,772,538 | +€413,667 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €697,984 | €728,678 | +€30,694 | +4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,024 | -€5,182 | -€3,158 | -156% |
| Other operating charges | 640/8 | €44,182 | €57,252 | +€13,070 | +29.6% |
| Non-recurring operating charges | 66A | €15,228 | €40,241 | +€25,014 | +164% |
| Operating profit (loss) | 9901 | -€115,598 | €1,106,753 | +€1.2m | |
| Financial income | 75/76B | €12,895 | €13,215 | +€320 | +2.5% |
| Recurring financial income | 75 | €12,895 | €13,215 | +€320 | +2.5% |
| Income from current assets | 751 | €12,895 | €12,875 | -€20 | -0.2% |
| Other financial income | 752/9 | - | €340 | +€340 | |
| Financial charges | 65/66B | €77,482 | €104,459 | +€26,976 | +34.8% |
| Recurring financial charges | 65 | €77,482 | €104,459 | +€26,976 | +34.8% |
| Debt charges | 650 | €74,445 | €100,843 | +€26,398 | +35.5% |
| Other financial charges | 652/9 | €3,037 | €3,616 | +€579 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | -€180,186 | €1,015,510 | +€1.2m | |
| Transfer from deferred taxes | 780 | €2,850 | €2,850 | = | 0.0% |
| Income taxes | 67/77 | - | €40,586 | +€40,586 | |
| Taxes | 670/3 | - | €67,976 | +€67,976 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €27,391 | +€27,391 | |
| Profit (loss) for the period | 9904 | -€177,336 | €977,774 | +€1.2m | |
| Transfer from tax-exempt reserves | 789 | €8,550 | €8,550 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €52,253 | €382,073 | +€329,821 | +631% |
| Profit (loss) for the period to be appropriated | 9905 | -€221,039 | €604,251 | +€825,290 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.