YVEJO: 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.
YVEJO
Largest movements
- Receivables within one year +€200,525
up €200,525 (+22.6%), from €888,286 to €1.1m
of which Other amounts receivable: +€119,628
- Reserves +€460,341
up €460,341 (+30.7%), from €1.5m to €2.0m
of which Distributable reserves: +€249,841
- Other debts -€355,036
down €355,036 (-30.9%), from €1.1m to €793,846
- Gross operating margin +€137,919
up €137,919 (+76.1%), from €181,137 to €319,056
- Financial income +€84,604
up €84,604 (+40.3%), from €209,754 to €294,358
- Taxes +€39,653
up €39,653 (+68.7%), from €57,741 to €97,395
- Depreciation +€16,587
up €16,587 (+1,075%), from €1,543 to €18,129
- Financial charges -€10,482
down €10,482 (-22.7%), from €46,261 to €35,780
of which Financial charges: -€10,844
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 | €2,725,471 | €2,878,420 | +€152,949 | +5.6% |
| Fixed assets | 21/28 | €1,337,439 | €1,318,432 | -€19,007 | -1.4% |
| Tangible fixed assets | 22/27 | €89,104 | €70,975 | -€18,129 | -20.3% |
| Furniture and vehicles | 24 | €89,104 | €70,975 | -€18,129 | -20.3% |
| Financial fixed assets | 28 | €1,248,335 | €1,247,457 | -€878 | -0.1% |
| Current assets | 29/58 | €1,388,032 | €1,559,989 | +€171,956 | +12.4% |
| Amounts receivable within one year | 40/41 | €888,286 | €1,088,811 | +€200,525 | +22.6% |
| Trade receivables | 40 | €23,874 | €104,771 | +€80,897 | +339% |
| Other amounts receivable | 41 | €864,412 | €984,040 | +€119,628 | +13.8% |
| Cash at bank and in hand | 54/58 | €497,778 | €469,350 | -€28,428 | -5.7% |
| Deferred charges and accrued income | 490/1 | €1,968 | €1,828 | -€140 | -7.1% |
| Total equity and liabilities | 10/49 | €2,725,471 | €2,878,420 | +€152,949 | +5.6% |
| Equity | 10/15 | €1,503,933 | €1,964,274 | +€460,341 | +30.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,497,733 | €1,958,074 | +€460,341 | +30.7% |
| Tax-exempt reserves | 132 | €168,400 | €378,900 | +€210,500 | +125% |
| Distributable reserves | 133 | €1,329,333 | €1,579,174 | +€249,841 | +18.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,221,538 | €914,146 | -€307,392 | -25.2% |
| Amounts payable within one year | 42/48 | €1,197,649 | €889,767 | -€307,882 | -25.7% |
| Trade debts | 44 | €22,850 | €50,039 | +€27,189 | +119% |
| Suppliers | 440/4 | €22,850 | €50,039 | +€27,189 | +119% |
| Taxes, remuneration and social security | 45 | €25,917 | €45,882 | +€19,965 | +77.0% |
| Taxes | 450/3 | €25,917 | €45,882 | +€19,965 | +77.0% |
| Other amounts payable | 47/48 | €1,148,882 | €793,846 | -€355,036 | -30.9% |
| Accrued charges and deferred income | 492/3 | €23,889 | €24,379 | +€490 | +2.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,543 | €18,129 | +€16,587 | +1,075% |
| Other operating charges | 640/8 | €2,947 | €1,769 | -€1,178 | -40.0% |
| Non-recurring operating charges | 66A | €5,241 | €0 | -€5,241 | -100% |
| Gross operating margin | 9900 | €181,137 | €319,056 | +€137,919 | +76.1% |
| Operating profit (loss) | 9901 | €171,407 | €299,158 | +€127,750 | +74.5% |
| Financial income | 75/76B | €209,754 | €294,358 | +€84,604 | +40.3% |
| Recurring financial income | 75 | €209,754 | €294,358 | +€84,604 | +40.3% |
| Financial charges | 65/66B | €46,261 | €35,780 | -€10,482 | -22.7% |
| Recurring financial charges | 65 | €45,746 | €34,902 | -€10,844 | -23.7% |
| Non-recurring financial charges | 66B | €515 | €878 | +€363 | +70.4% |
| Profit (loss) for the period before taxes | 9903 | €334,899 | €557,736 | +€222,837 | +66.5% |
| Income taxes | 67/77 | €57,741 | €97,395 | +€39,653 | +68.7% |
| Profit (loss) for the period | 9904 | €277,158 | €460,341 | +€183,183 | +66.1% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €84,200 | €210,500 | +€126,300 | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €192,958 | €249,841 | +€56,883 | +29.5% |
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 27 October 2026 via checked.be.