YVAN CHRISTOPHE: what changed
Two fiscal 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.
YVAN CHRISTOPHE
Largest movements
- Cash -€17,324
down €17,324 (-28.1%), from €61,622 to €44,298
mainly Current portion of long-term debt (-€10,276) and Net result for the year (-€9,945)
- Tangible fixed assets -€11,350
down €11,350 (-18.3%), from €61,972 to €50,623
of which Furniture and vehicles: -€11,350
- Current portion of long-term debt -€10,276
no longer reported in 2025 (was €10,276)
- Profit (loss) carried forward -€9,945
new in 2025: -€9,945
- Other debts -€7,609
down €7,609 (-94.0%), from €8,092 to €483
- Gross operating margin +€5,837
up €5,837, from -€1,512 to €4,325
- Taxes -€2,758
down €2,758 (-89.5%), from €3,082 to €325
- Other operating charges -€948
down €948 (-28.4%), from €3,333 to €2,385
- Financial charges -€398
down €398 (-65.4%), from €608 to €210
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 | €124,264 | €95,910 | -€28,354 | -22.8% |
| Fixed assets | 21/28 | €61,972 | €50,623 | -€11,350 | -18.3% |
| Tangible fixed assets | 22/27 | €61,972 | €50,623 | -€11,350 | -18.3% |
| Land and buildings | 22 | €25,000 | €25,000 | = | 0.0% |
| Furniture and vehicles | 24 | €36,972 | €25,623 | -€11,350 | -30.7% |
| Current assets | 29/58 | €62,292 | €45,288 | -€17,004 | -27.3% |
| Cash at bank and in hand | 54/58 | €61,622 | €44,298 | -€17,324 | -28.1% |
| Deferred charges and accrued income | 490/1 | €670 | €989 | +€320 | +47.7% |
| Total equity and liabilities | 10/49 | €124,264 | €95,910 | -€28,354 | -22.8% |
| Equity | 10/15 | €101,547 | €91,602 | -€9,945 | -9.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €82,955 | €82,955 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €81,095 | €81,095 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,945 | -€9,945 | |
| Amounts payable | 17/49 | €22,718 | €4,309 | -€18,409 | -81.0% |
| Amounts payable within one year | 42/48 | €22,718 | €4,309 | -€18,409 | -81.0% |
| Current portion of amounts payable after more than one year | 42 | €10,276 | - | -€10,276 | |
| Trade debts | 44 | €63 | €419 | +€356 | +564.3% |
| Suppliers | 440/4 | €63 | €419 | +€356 | +564.3% |
| Taxes, remuneration and social security | 45 | €4,287 | €3,407 | -€880 | -20.5% |
| Taxes | 450/3 | €4,287 | €3,407 | -€880 | -20.5% |
| Other amounts payable | 47/48 | €8,092 | €483 | -€7,609 | -94.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,350 | €11,350 | = | 0.0% |
| Other operating charges | 640/8 | €3,333 | €2,385 | -€948 | -28.4% |
| Gross operating margin | 9900 | -€1,512 | €4,325 | +€5,837 | |
| Operating profit (loss) | 9901 | -€16,195 | -€9,410 | +€6,785 | +41.9% |
| Financial charges | 65/66B | €608 | €210 | -€398 | -65.4% |
| Recurring financial charges | 65 | €608 | €210 | -€398 | -65.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,803 | -€9,621 | +€7,183 | +42.7% |
| Income taxes | 67/77 | €3,082 | €325 | -€2,758 | -89.5% |
| Profit (loss) for the period | 9904 | -€19,886 | -€9,945 | +€9,941 | +50.0% |
| Transfer from tax-exempt reserves | 789 | €20,660 | - | -€20,660 | |
| Profit (loss) for the period to be appropriated | 9905 | €774 | -€9,945 | -€10,719 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.