YVES LEBON: 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.
YVES LEBON
Largest movements
- Cash +€48,284
up €48,284 (+606%), from €7,973 to €56,258
mainly Net result for the year (+€57,838) and Depreciation (+€28,728)
- Tangible fixed assets -€27,246
down €27,246 (-39.6%), from €68,765 to €41,519
of which Leasing and similar rights: -€22,692
- Receivables within one year -€8,858
down €8,858 (-35.0%), from €25,307 to €16,448
of which Other amounts receivable: -€8,858
- Deferred charges and accrued income +€1,574
up €1,574 (+4.8%), from €32,836 to €34,410
- Profit (loss) carried forward +€27,838
up €27,838 (+167%), from €16,691 to €44,529
- Current portion of long-term debt -€12,957
down €12,957 (-50.4%), from €25,686 to €12,729
- Debts after one year -€12,734
down €12,734 (-37.3%), from €34,131 to €21,397
- Other debts +€9,571
up €9,571 (+70.7%), from €13,541 to €23,112
- Tax, wage and social debts +€6,763
up €6,763 (+25.1%), from €26,977 to €33,740
of which Taxes: +€11,521
- Gross operating margin +€58,963
up €58,963 (+34.1%), from €172,965 to €231,929
- Staff costs -€18,058
down €18,058 (-12.7%), from €142,674 to €124,616
- Taxes +€15,758
up €15,758 (+5,993%), from €263 to €16,021
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 | €136,440 | €150,194 | +€13,754 | +10.1% |
| Fixed assets | 21/28 | €70,324 | €43,079 | -€27,246 | -38.7% |
| Tangible fixed assets | 22/27 | €68,765 | €41,519 | -€27,246 | -39.6% |
| Land and buildings | 22 | €13,067 | €8,877 | -€4,190 | -32.1% |
| Plant, machinery and equipment | 23 | - | €1,316 | +€1,316 | |
| Furniture and vehicles | 24 | €3,300 | €1,620 | -€1,680 | -50.9% |
| Leasing and similar rights | 25 | €52,398 | €29,706 | -€22,692 | -43.3% |
| Financial fixed assets | 28 | €1,559 | €1,559 | = | 0.0% |
| Current assets | 29/58 | €66,116 | €107,116 | +€41,000 | +62.0% |
| Amounts receivable within one year | 40/41 | €25,307 | €16,448 | -€8,858 | -35.0% |
| Trade receivables | 40 | €4,600 | €4,600 | = | 0.0% |
| Other amounts receivable | 41 | €20,707 | €11,848 | -€8,858 | -42.8% |
| Cash at bank and in hand | 54/58 | €7,973 | €56,258 | +€48,284 | +606% |
| Deferred charges and accrued income | 490/1 | €32,836 | €34,410 | +€1,574 | +4.8% |
| Total equity and liabilities | 10/49 | €136,440 | €150,194 | +€13,754 | +10.1% |
| Equity | 10/15 | €23,979 | €51,816 | +€27,838 | +116% |
| Reserves | 13 | €7,287 | €7,287 | = | 0.0% |
| Tax-exempt reserves | 132 | €287 | €287 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,691 | €44,529 | +€27,838 | +167% |
| Amounts payable | 17/49 | €112,461 | €98,378 | -€14,083 | -12.5% |
| Amounts payable after more than one year | 17 | €34,131 | €21,397 | -€12,734 | -37.3% |
| Financial debts | 170/4 | €34,131 | €21,397 | -€12,734 | -37.3% |
| Amounts payable within one year | 42/48 | €78,317 | €76,981 | -€1,336 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €25,686 | €12,729 | -€12,957 | -50.4% |
| Financial debts | 43 | €897 | - | -€897 | |
| Credit institutions | 430/8 | €897 | - | -€897 | |
| Trade debts | 44 | €11,217 | €7,400 | -€3,817 | -34.0% |
| Suppliers | 440/4 | €11,217 | €7,400 | -€3,817 | -34.0% |
| Taxes, remuneration and social security | 45 | €26,977 | €33,740 | +€6,763 | +25.1% |
| Taxes | 450/3 | €5,100 | €16,621 | +€11,521 | +226% |
| Remuneration and social security | 454/9 | €21,877 | €17,119 | -€4,758 | -21.8% |
| Other amounts payable | 47/48 | €13,541 | €23,112 | +€9,571 | +70.7% |
| Accrued charges and deferred income | 492/3 | €14 | - | -€14 | |
| Remuneration, social security and pensions | 62 | €142,674 | €124,616 | -€18,058 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,015 | €28,728 | -€287 | -1.0% |
| Other operating charges | 640/8 | €4,635 | €2,930 | -€1,706 | -36.8% |
| Gross operating margin | 9900 | €172,965 | €231,929 | +€58,963 | +34.1% |
| Operating profit (loss) | 9901 | -€3,360 | €75,654 | +€79,014 | |
| Financial charges | 65/66B | €1,675 | €1,796 | +€121 | +7.2% |
| Recurring financial charges | 65 | €1,675 | €1,796 | +€121 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,034 | €73,859 | +€78,893 | |
| Income taxes | 67/77 | €263 | €16,021 | +€15,758 | +5,993% |
| Profit (loss) for the period | 9904 | -€5,297 | €57,838 | +€63,135 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,297 | €57,838 | +€63,135 |
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 30 October 2026 via checked.be.