YVES DELAIN: what changed
What changed
YVES DELAIN
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€42,185
2024 · €28,193+€13,992
Equity
€499,676
2024 · €457,490+€42,185
Cash
€290,332
2024 · €281,483+€8,849
Balance sheet total
€1.2m
2024 · €1.2m-€14,266
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€67,204
down €67,204 (-9.6%), from €696,582 to €629,378
of which Financial debts: -€67,204
- Profit (loss) carried forward +€40,076
up €40,076 (+45.9%), from €87,277 to €127,353
Income statement
- Gross operating margin +€24,295
up €24,295 (+20.0%), from €121,285 to €145,580
- Taxes +€5,268
up €5,268 (+50.8%), from €10,366 to €15,634
- Depreciation +€2,488
up €2,488 (+6.7%), from €36,857 to €39,345
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€28,193
Gross operating margin
+€24,295
Depreciation
-€2,488
Other operating charges
-€1,312
Financial income
-€135
Financial charges
-€1,101
Taxes
-€5,268
Result 2025
€42,185
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€92,235
Investment
-€27,462
Financing
-€55,925
Cash 2024
€281,483
From operations (derived)
+€92,235
Net result for the year
+€42,185
Depreciation
+€39,345
Receivables within one year
+€11,550
Deferred charges and accrued income
-€318
Trade debts
-€4,795
Tax, wage and social debts
+€4,268
Investment (derived)
-€27,462
Investment in fixed assets (net)
-€27,462
Financing
-€55,925
Debts after one year
-€67,204
Current portion of long-term debt
+€11,279
Cash 2025
€290,332
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,211,632 | €1,197,366 | -€14,266 | -1.2% |
| Fixed assets | 21/28 | €860,760 | €848,877 | -€11,883 | -1.4% |
| Intangible fixed assets | 21 | €876 | €876 | = | 0.0% |
| Tangible fixed assets | 22/27 | €859,144 | €847,261 | -€11,883 | -1.4% |
| Land and buildings | 22 | €830,993 | €822,317 | -€8,677 | -1.0% |
| Plant, machinery and equipment | 23 | €16,499 | €13,799 | -€2,700 | -16.4% |
| Furniture and vehicles | 24 | €1,459 | €953 | -€506 | -34.7% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | €10,192 | €10,192 | = | 0.0% |
| Financial fixed assets | 28 | €740 | €740 | = | 0.0% |
| Current assets | 29/58 | €350,872 | €348,489 | -€2,383 | -0.7% |
| Amounts receivable after more than one year | 29 | €6,350 | €6,350 | = | 0.0% |
| Other amounts receivable | 291 | €6,350 | €6,350 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €59,524 | €47,974 | -€11,550 | -19.4% |
| Other amounts receivable | 41 | €59,524 | €47,974 | -€11,550 | -19.4% |
| Cash at bank and in hand | 54/58 | €281,483 | €290,332 | +€8,849 | +3.1% |
| Deferred charges and accrued income | 490/1 | €3,515 | €3,833 | +€318 | +9.1% |
| Total equity and liabilities | 10/49 | €1,211,632 | €1,197,366 | -€14,266 | -1.2% |
| Equity | 10/15 | €457,490 | €499,676 | +€42,185 | +9.2% |
| Contributions | 10/11 | €362,000 | €362,000 | = | 0.0% |
| Capital | 10 | €362,000 | €362,000 | = | 0.0% |
| Issued capital | 100 | €362,000 | €362,000 | = | 0.0% |
| Reserves | 13 | €8,214 | €10,323 | +€2,109 | +25.7% |
| Non-distributable reserves | 130/1 | €8,214 | €10,323 | +€2,109 | +25.7% |
| Legal reserve | 130 | €1,410 | €3,519 | +€2,109 | +150% |
| Reserves not available under the articles | 1311 | €6,804 | €6,804 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,277 | €127,353 | +€40,076 | +45.9% |
| Amounts payable | 17/49 | €754,142 | €697,690 | -€56,451 | -7.5% |
| Amounts payable after more than one year | 17 | €696,582 | €629,378 | -€67,204 | -9.6% |
| Financial debts | 170/4 | €666,657 | €599,453 | -€67,204 | -10.1% |
| Other amounts payable | 178/9 | €29,925 | €29,925 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,560 | €68,312 | +€10,752 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €47,079 | €58,358 | +€11,279 | +24.0% |
| Trade debts | 44 | €5,115 | €321 | -€4,795 | -93.7% |
| Suppliers | 440/4 | €5,115 | €321 | -€4,795 | -93.7% |
| Taxes, remuneration and social security | 45 | €5,366 | €9,634 | +€4,268 | +79.5% |
| Taxes | 450/3 | €5,366 | €9,634 | +€4,268 | +79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,857 | €39,345 | +€2,488 | +6.7% |
| Other operating charges | 640/8 | €17,554 | €18,866 | +€1,312 | +7.5% |
| Gross operating margin | 9900 | €121,285 | €145,580 | +€24,295 | +20.0% |
| Operating profit (loss) | 9901 | €66,873 | €87,369 | +€20,496 | +30.6% |
| Financial income | 75/76B | €305 | €170 | -€135 | -44.2% |
| Recurring financial income | 75 | €305 | €170 | -€135 | -44.2% |
| Financial charges | 65/66B | €28,619 | €29,720 | +€1,101 | +3.8% |
| Recurring financial charges | 65 | €28,619 | €29,720 | +€1,101 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €38,559 | €57,819 | +€19,260 | +49.9% |
| Income taxes | 67/77 | €10,366 | €15,634 | +€5,268 | +50.8% |
| Profit (loss) for the period | 9904 | €28,193 | €42,185 | +€13,992 | +49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,193 | €42,185 | +€13,992 | +49.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.