YVDH: 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.
YVDH
Largest movements
- Current investments -€186,218
down €186,218 (-40.3%), from €461,690 to €275,473
- Contributions -€150,000
down €150,000 (-8.8%), from €1.7m to €1.5m
- Profit (loss) carried forward -€44,114
down €44,114 (-32.1%), from -€137,467 to -€181,581
- Gross operating margin -€18,330
down €18,330 (-71.4%), from -€25,664 to -€43,994
- Financial income -€7,743
down €7,743 (-29.0%), from €26,700 to €18,957
- Depreciation -€2,846
down €2,846 (-14.0%), from €20,311 to €17,465
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 | €2,195,273 | €2,000,326 | -€194,947 | -8.9% |
| Fixed assets | 21/28 | €1,426,943 | €1,409,478 | -€17,465 | -1.2% |
| Tangible fixed assets | 22/27 | €23,268 | €5,804 | -€17,465 | -75.1% |
| Plant, machinery and equipment | 23 | €1,788 | €1,192 | -€596 | -33.3% |
| Furniture and vehicles | 24 | €21,480 | €4,611 | -€16,869 | -78.5% |
| Financial fixed assets | 28 | €1,403,675 | €1,403,675 | = | 0.0% |
| Current assets | 29/58 | €768,330 | €590,848 | -€177,483 | -23.1% |
| Amounts receivable within one year | 40/41 | €274,755 | €283,011 | +€8,256 | +3.0% |
| Other amounts receivable | 41 | €274,755 | €283,011 | +€8,256 | +3.0% |
| Current investments | 50/53 | €461,690 | €275,473 | -€186,218 | -40.3% |
| Cash at bank and in hand | 54/58 | €30,152 | €30,532 | +€379 | +1.3% |
| Deferred charges and accrued income | 490/1 | €1,733 | €1,833 | +€100 | +5.8% |
| Total equity and liabilities | 10/49 | €2,195,273 | €2,000,326 | -€194,947 | -8.9% |
| Equity | 10/15 | €2,189,465 | €1,995,351 | -€194,114 | -8.9% |
| Contributions | 10/11 | €1,697,400 | €1,547,400 | -€150,000 | -8.8% |
| Reserves | 13 | €629,532 | €629,532 | = | 0.0% |
| Distributable reserves | 133 | €629,532 | €629,532 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,467 | -€181,581 | -€44,114 | -32.1% |
| Amounts payable | 17/49 | €5,808 | €4,975 | -€833 | -14.3% |
| Amounts payable within one year | 42/48 | €5,808 | €4,975 | -€833 | -14.3% |
| Other amounts payable | 47/48 | €5,808 | €4,975 | -€833 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,311 | €17,465 | -€2,846 | -14.0% |
| Other operating charges | 640/8 | €1,413 | €1,330 | -€82 | -5.8% |
| Gross operating margin | 9900 | -€25,664 | -€43,994 | -€18,330 | -71.4% |
| Operating profit (loss) | 9901 | -€47,388 | -€62,789 | -€15,402 | -32.5% |
| Financial income | 75/76B | €26,700 | €18,957 | -€7,743 | -29.0% |
| Recurring financial income | 75 | €26,700 | €18,957 | -€7,743 | -29.0% |
| Financial charges | 65/66B | €134 | €45 | -€89 | -66.5% |
| Recurring financial charges | 65 | €134 | €45 | -€89 | -66.5% |
| Profit (loss) for the period before taxes | 9903 | -€20,821 | -€43,877 | -€23,056 | -110.7% |
| Income taxes | 67/77 | €255 | €236 | -€19 | -7.5% |
| Profit (loss) for the period | 9904 | -€21,077 | -€44,114 | -€23,037 | -109.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,077 | -€44,114 | -€23,037 | -109.3% |
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.