YVERO: 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.
YVERO
Largest movements
- Tangible fixed assets -€25,817
down €25,817 (-14.9%), from €173,497 to €147,681
of which Land and buildings: -€15,249
- Deferred charges and accrued income +€4,784
up €4,784 (+446.1%), from €1,072 to €5,856
- Cash +€3,482
up €3,482 (+69.4%), from €5,019 to €8,501
mainly Depreciation (+€28,297) and Net result for the year (+€9,495)
- Receivables within one year -€1,911
down €1,911 (-34.5%), from €5,543 to €3,633
of which Trade receivables: -€5,543
- Other debts -€22,069
down €22,069 (-34.2%), from €64,464 to €42,395
- Reserves +€8,503
new in 2025: €8,503
- Debts after one year -€6,153
down €6,153 (-23.7%), from €25,922 to €19,769
- Trade debts +€2,100
new in 2025: €2,100
- Gross operating margin +€4,795
up €4,795 (+13.1%), from €36,625 to €41,420
- Other operating charges -€4,075
down €4,075 (-45.1%), from €9,031 to €4,956
- Financial income +€2,898
new in 2025: €2,898
of which Non-recurring financial income: +€2,877
- Taxes -€2,431
down €2,431, from €1,654 to -€778
- Depreciation +€2,163
up €2,163 (+8.3%), from €26,134 to €28,297
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 | €185,132 | €165,670 | -€19,461 | -10.5% |
| Fixed assets | 21/28 | €173,497 | €147,681 | -€25,817 | -14.9% |
| Tangible fixed assets | 22/27 | €173,497 | €147,681 | -€25,817 | -14.9% |
| Land and buildings | 22 | €129,337 | €114,089 | -€15,249 | -11.8% |
| Plant, machinery and equipment | 23 | €1,440 | €1,039 | -€402 | -27.9% |
| Leasing and similar rights | 25 | €42,719 | €32,553 | -€10,166 | -23.8% |
| Current assets | 29/58 | €11,634 | €17,990 | +€6,355 | +54.6% |
| Amounts receivable within one year | 40/41 | €5,543 | €3,633 | -€1,911 | -34.5% |
| Trade receivables | 40 | €5,543 | - | -€5,543 | |
| Other amounts receivable | 41 | - | €3,633 | +€3,633 | |
| Cash at bank and in hand | 54/58 | €5,019 | €8,501 | +€3,482 | +69.4% |
| Deferred charges and accrued income | 490/1 | €1,072 | €5,856 | +€4,784 | +446.1% |
| Total equity and liabilities | 10/49 | €185,132 | €165,670 | -€19,461 | -10.5% |
| Equity | 10/15 | €87,311 | €95,140 | +€7,829 | +9.0% |
| Contributions | 10/11 | €20,200 | €20,200 | = | 0.0% |
| Reserves | 13 | - | €8,503 | +€8,503 | |
| Distributable reserves | 133 | - | €8,503 | +€8,503 | |
| Profit (loss) carried forward | 14 | €67,111 | €66,437 | -€674 | -1.0% |
| Amounts payable | 17/49 | €97,820 | €70,530 | -€27,290 | -27.9% |
| Amounts payable after more than one year | 17 | €25,922 | €19,769 | -€6,153 | -23.7% |
| Financial debts | 170/4 | €25,922 | €19,769 | -€6,153 | -23.7% |
| Amounts payable within one year | 42/48 | €71,899 | €50,648 | -€21,251 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €5,790 | €6,153 | +€363 | +6.3% |
| Trade debts | 44 | - | €2,100 | +€2,100 | |
| Suppliers | 440/4 | - | €2,100 | +€2,100 | |
| Taxes, remuneration and social security | 45 | €1,645 | - | -€1,645 | |
| Taxes | 450/3 | €1,645 | - | -€1,645 | |
| Other amounts payable | 47/48 | €64,464 | €42,395 | -€22,069 | -34.2% |
| Accrued charges and deferred income | 492/3 | - | €113 | +€113 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,134 | €28,297 | +€2,163 | +8.3% |
| Other operating charges | 640/8 | €9,031 | €4,956 | -€4,075 | -45.1% |
| Gross operating margin | 9900 | €36,625 | €41,420 | +€4,795 | +13.1% |
| Operating profit (loss) | 9901 | €1,460 | €8,167 | +€6,707 | +459.2% |
| Financial income | 75/76B | - | €2,898 | +€2,898 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Non-recurring financial income | 76B | - | €2,877 | +€2,877 | |
| Financial charges | 65/66B | €1,927 | €2,347 | +€420 | +21.8% |
| Recurring financial charges | 65 | €1,927 | €2,347 | +€420 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | -€466 | €8,718 | +€9,184 | |
| Income taxes | 67/77 | €1,654 | -€778 | -€2,431 | |
| Profit (loss) for the period | 9904 | -€2,120 | €9,495 | +€11,615 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,120 | €9,495 | +€11,615 |
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.