YVDC: 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.
YVDC
Largest movements
- Tangible fixed assets +€51,817
up €51,817 (+24.5%), from €211,693 to €263,510
of which Furniture and vehicles: +€45,275
- Cash +€10,930
up €10,930 (+26.1%), from €41,879 to €52,809
mainly Net result for the year (+€30,135) and Depreciation (+€18,834)
- Stocks and contracts -€3,883
down €3,883 (-11.7%), from €33,237 to €29,354
- Reserves +€30,135
up €30,135 (+66.1%), from €45,556 to €75,692
- Debts after one year +€16,714
up €16,714 (+10.5%), from €158,457 to €175,171
- Tax, wage and social debts +€8,497
up €8,497 (+122%), from €6,969 to €15,466
of which Remuneration and social security: +€4,756
- Current portion of long-term debt +€6,530
up €6,530 (+24.2%), from €26,984 to €33,514
- Gross operating margin +€25,821
up €25,821 (+28.4%), from €90,976 to €116,798
- Staff costs +€23,520
up €23,520 (+112%), from €21,003 to €44,523
- Depreciation -€4,243
down €4,243 (-18.4%), from €23,076 to €18,834
- Taxes +€1,845
up €1,845 (+14.3%), from €12,922 to €14,767
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €294,262 | €354,279 | +€60,017 | +20.4% |
| Fixed assets | 21/28 | €211,693 | €263,510 | +€51,817 | +24.5% |
| Tangible fixed assets | 22/27 | €211,693 | €263,510 | +€51,817 | +24.5% |
| Land and buildings | 22 | €199,011 | €200,871 | +€1,860 | +0.9% |
| Plant, machinery and equipment | 23 | €4,287 | €8,968 | +€4,681 | +109% |
| Furniture and vehicles | 24 | €8,395 | €53,670 | +€45,275 | +539% |
| Current assets | 29/58 | €82,568 | €90,769 | +€8,201 | +9.9% |
| Stocks and contracts in progress | 3 | €33,237 | €29,354 | -€3,883 | -11.7% |
| Stocks | 30/36 | €33,237 | €29,354 | -€3,883 | -11.7% |
| Amounts receivable within one year | 40/41 | €5,178 | €6,320 | +€1,142 | +22.0% |
| Trade receivables | 40 | €1,411 | €4,133 | +€2,723 | +193% |
| Other amounts receivable | 41 | €3,767 | €2,187 | -€1,581 | -42.0% |
| Cash at bank and in hand | 54/58 | €41,879 | €52,809 | +€10,930 | +26.1% |
| Deferred charges and accrued income | 490/1 | €2,274 | €2,286 | +€11 | +0.5% |
| Total equity and liabilities | 10/49 | €294,262 | €354,279 | +€60,017 | +20.4% |
| Equity | 10/15 | €64,156 | €94,292 | +€30,135 | +47.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,556 | €75,692 | +€30,135 | +66.1% |
| Distributable reserves | 133 | €45,556 | €75,692 | +€30,135 | +66.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €230,105 | €259,987 | +€29,882 | +13.0% |
| Amounts payable after more than one year | 17 | €158,457 | €175,171 | +€16,714 | +10.5% |
| Financial debts | 170/4 | €158,457 | €175,171 | +€16,714 | +10.5% |
| Amounts payable within one year | 42/48 | €71,648 | €84,816 | +€13,168 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €26,984 | €33,514 | +€6,530 | +24.2% |
| Trade debts | 44 | €28,701 | €29,460 | +€758 | +2.6% |
| Suppliers | 440/4 | €28,701 | €29,460 | +€758 | +2.6% |
| Taxes, remuneration and social security | 45 | €6,969 | €15,466 | +€8,497 | +122% |
| Taxes | 450/3 | €3,758 | €7,499 | +€3,741 | +99.6% |
| Remuneration and social security | 454/9 | €3,211 | €7,967 | +€4,756 | +148% |
| Other amounts payable | 47/48 | €8,993 | €6,376 | -€2,617 | -29.1% |
| Remuneration, social security and pensions | 62 | €21,003 | €44,523 | +€23,520 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,076 | €18,834 | -€4,243 | -18.4% |
| Other operating charges | 640/8 | €2,441 | €2,098 | -€343 | -14.1% |
| Gross operating margin | 9900 | €90,976 | €116,798 | +€25,821 | +28.4% |
| Operating profit (loss) | 9901 | €44,456 | €51,343 | +€6,887 | +15.5% |
| Financial income | 75/76B | €63 | €21 | -€42 | -66.2% |
| Recurring financial income | 75 | €63 | €21 | -€42 | -66.2% |
| Financial charges | 65/66B | €5,932 | €6,462 | +€530 | +8.9% |
| Recurring financial charges | 65 | €5,932 | €6,462 | +€530 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €38,587 | €44,902 | +€6,315 | +16.4% |
| Income taxes | 67/77 | €12,922 | €14,767 | +€1,845 | +14.3% |
| Profit (loss) for the period | 9904 | €25,665 | €30,135 | +€4,470 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,665 | €30,135 | +€4,470 | +17.4% |
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 14 October 2026 via checked.be.