YVDZ MANAGEMENT: 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.
YVDZ MANAGEMENT
Largest movements
- Cash +€54,194
up €54,194 (+37.2%), from €145,593 to €199,787
mainly Net result for the year (+€31,431) and Depreciation (+€15,855)
- Tangible fixed assets -€15,855
down €15,855 (-79.6%), from €19,927 to €4,073
of which Furniture and vehicles: -€15,648
- Profit (loss) carried forward +€22,431
up €22,431, from -€21,436 to €995
- Other debts +€10,056
new in 2025: €10,056
- Reserves +€9,000
up €9,000 (+5.0%), from €179,790 to €188,790
- Current portion of long-term debt -€3,812
down €3,812 (-100%), from €3,812 to €0
- Gross operating margin +€33,649
up €33,649 (+145%), from €23,136 to €56,785
- Taxes +€9,231
up €9,231 (+3,511%), from €263 to €9,494
- Depreciation -€2,163
down €2,163 (-12.0%), from €18,018 to €15,855
- Financial income +€1,313
up €1,313 (+1,396%), from €94 to €1,407
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 | €182,646 | €220,576 | +€37,930 | +20.8% |
| Fixed assets | 21/28 | €30,227 | €14,373 | -€15,855 | -52.5% |
| Tangible fixed assets | 22/27 | €19,927 | €4,073 | -€15,855 | -79.6% |
| Furniture and vehicles | 24 | €19,721 | €4,073 | -€15,648 | -79.3% |
| Other tangible fixed assets | 26 | €206 | €0 | -€206 | -100% |
| Financial fixed assets | 28 | €10,300 | €10,300 | = | 0.0% |
| Current assets | 29/58 | €152,418 | €206,203 | +€53,785 | +35.3% |
| Amounts receivable within one year | 40/41 | €6,825 | €6,416 | -€409 | -6.0% |
| Trade receivables | 40 | €6,825 | €218 | -€6,608 | -96.8% |
| Other amounts receivable | 41 | - | €6,198 | +€6,198 | |
| Cash at bank and in hand | 54/58 | €145,593 | €199,787 | +€54,194 | +37.2% |
| Total equity and liabilities | 10/49 | €182,646 | €220,576 | +€37,930 | +20.8% |
| Equity | 10/15 | €176,954 | €208,385 | +€31,431 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €179,790 | €188,790 | +€9,000 | +5.0% |
| Distributable reserves | 133 | €179,790 | €188,790 | +€9,000 | +5.0% |
| Profit (loss) carried forward | 14 | -€21,436 | €995 | +€22,431 | |
| Amounts payable | 17/49 | €5,692 | €12,191 | +€6,499 | +114% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €5,692 | €12,191 | +€6,499 | +114% |
| Current portion of amounts payable after more than one year | 42 | €3,812 | €0 | -€3,812 | -100% |
| Trade debts | 44 | €972 | €2,111 | +€1,139 | +117% |
| Suppliers | 440/4 | €972 | €2,111 | +€1,139 | +117% |
| Taxes, remuneration and social security | 45 | €908 | €25 | -€883 | -97.3% |
| Taxes | 450/3 | €908 | €25 | -€883 | -97.3% |
| Other amounts payable | 47/48 | - | €10,056 | +€10,056 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,018 | €15,855 | -€2,163 | -12.0% |
| Other operating charges | 640/8 | €1,107 | €1,281 | +€174 | +15.7% |
| Gross operating margin | 9900 | €23,136 | €56,785 | +€33,649 | +145% |
| Operating profit (loss) | 9901 | €4,012 | €39,649 | +€35,638 | +888% |
| Financial income | 75/76B | €94 | €1,407 | +€1,313 | +1,396% |
| Recurring financial income | 75 | €94 | €1,407 | +€1,313 | +1,396% |
| Financial charges | 65/66B | €466 | €132 | -€334 | -71.7% |
| Recurring financial charges | 65 | €466 | €132 | -€334 | -71.7% |
| Profit (loss) for the period before taxes | 9903 | €3,640 | €40,924 | +€37,284 | +1,024% |
| Income taxes | 67/77 | €263 | €9,494 | +€9,231 | +3,511% |
| Profit (loss) for the period | 9904 | €3,377 | €31,431 | +€28,054 | +831% |
| Profit (loss) for the period to be appropriated | 9905 | €3,377 | €31,431 | +€28,054 | +831% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.