YVCAT: 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.
YVCAT
Largest movements
- Cash +€137,445
up €137,445 (+1225.5%), from €11,215 to €148,660
mainly Receivables within one year (+€107,163) and Other debts (+€93,142)
- Receivables within one year -€107,163
down €107,163 (-49.7%), from €215,496 to €108,333
of which Trade receivables: -€117,720
- Tangible fixed assets -€13,342
down €13,342 (-2.1%), from €626,306 to €612,964
- Other debts +€93,142
up €93,142 (+247.2%), from €37,681 to €130,823
- Reserves -€57,300
down €57,300 (-25.9%), from €221,200 to €163,900
- Debts after one year -€33,647
down €33,647 (-6.1%), from €549,826 to €516,179
- Current portion of long-term debt +€13,989
up €13,989 (+37.6%), from €37,189 to €51,178
- Gross operating margin -€176,231
down €176,231 (-54.3%), from €324,502 to €148,272
- Taxes -€33,557
down €33,557 (-53.3%), from €63,000 to €29,443
- Depreciation -€29,864
down €29,864 (-69.1%), from €43,206 to €13,342
- Financial charges +€3,449
up €3,449 (+32.1%), from €10,738 to €14,187
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 | €853,017 | €869,957 | +€16,940 | +2.0% |
| Fixed assets | 21/28 | €626,306 | €612,964 | -€13,342 | -2.1% |
| Tangible fixed assets | 22/27 | €626,306 | €612,964 | -€13,342 | -2.1% |
| Land and buildings | 22 | €626,306 | €612,964 | -€13,342 | -2.1% |
| Current assets | 29/58 | €226,711 | €256,992 | +€30,282 | +13.4% |
| Amounts receivable within one year | 40/41 | €215,496 | €108,333 | -€107,163 | -49.7% |
| Trade receivables | 40 | €208,496 | €90,776 | -€117,720 | -56.5% |
| Other amounts receivable | 41 | €7,000 | €17,557 | +€10,557 | +150.8% |
| Cash at bank and in hand | 54/58 | €11,215 | €148,660 | +€137,445 | +1225.5% |
| Total equity and liabilities | 10/49 | €853,017 | €869,957 | +€16,940 | +2.0% |
| Equity | 10/15 | €223,292 | €165,944 | -€57,348 | -25.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €221,200 | €163,900 | -€57,300 | -25.9% |
| Distributable reserves | 133 | €221,200 | €163,900 | -€57,300 | -25.9% |
| Profit (loss) carried forward | 14 | €92 | €44 | -€48 | -52.2% |
| Amounts payable | 17/49 | €629,725 | €704,013 | +€74,288 | +11.8% |
| Amounts payable after more than one year | 17 | €549,826 | €516,179 | -€33,647 | -6.1% |
| Financial debts | 170/4 | €549,826 | €516,179 | -€33,647 | -6.1% |
| Amounts payable within one year | 42/48 | €79,899 | €187,833 | +€107,934 | +135.1% |
| Current portion of amounts payable after more than one year | 42 | €37,189 | €51,178 | +€13,989 | +37.6% |
| Trade debts | 44 | - | €806 | +€806 | |
| Suppliers | 440/4 | - | €806 | +€806 | |
| Taxes, remuneration and social security | 45 | €5,028 | €5,027 | -€2 | 0.0% |
| Taxes | 450/3 | €5,028 | €5,027 | -€2 | 0.0% |
| Other amounts payable | 47/48 | €37,681 | €130,823 | +€93,142 | +247.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,206 | €13,342 | -€29,864 | -69.1% |
| Other operating charges | 640/8 | €786 | €1,148 | +€362 | +46.1% |
| Gross operating margin | 9900 | €324,502 | €148,272 | -€176,231 | -54.3% |
| Operating profit (loss) | 9901 | €280,510 | €133,782 | -€146,729 | -52.3% |
| Financial charges | 65/66B | €10,738 | €14,187 | +€3,449 | +32.1% |
| Recurring financial charges | 65 | €10,738 | €14,187 | +€3,449 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | €269,772 | €119,595 | -€150,177 | -55.7% |
| Income taxes | 67/77 | €63,000 | €29,443 | -€33,557 | -53.3% |
| Profit (loss) for the period | 9904 | €206,772 | €90,152 | -€116,620 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €206,772 | €90,152 | -€116,620 | -56.4% |
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 10 October 2026 via checked.be.