YVH: what changed
YVH
Largest movements
- Cash +€256,006
up €256,006 (+255%), from €100,267 to €356,273
mainly Trade debts (+€356,843) and Depreciation (+€234,673)
- Tangible fixed assets +€234,002
up €234,002 (+8.3%), from €2.8m to €3.0m
of which Land and buildings: +€256,970
- Receivables within one year +€111,013
up €111,013 (+26.9%), from €413,215 to €524,228
of which Other amounts receivable: +€80,956
- Trade debts +€356,843
up €356,843 (+278%), from €128,518 to €485,362
- Other debts +€128,679
up €128,679 (+233%), from €55,287 to €183,967
- Debts after one year +€104,597
up €104,597 (+3.9%), from €2.7m to €2.8m
of which Financial debts: +€85,363
- Tax, wage and social debts -€70,490
down €70,490 (-54.0%), from €130,474 to €59,984
of which Taxes: -€78,810
- Profit (loss) carried forward +€46,557
up €46,557 (+27.1%), from €171,715 to €218,272
- Depreciation -€62,275
down €62,275 (-21.0%), from €296,948 to €234,673
- Financial charges +€14,486
up €14,486 (+17.4%), from €83,300 to €97,786
- Other operating charges +€12,242
up €12,242 (+111%), from €11,051 to €23,293
- Taxes +€8,933
up €8,933 (+1,844%), from €484 to €9,417
- Gross operating margin -€6,315
down €6,315 (-1.3%), from €490,640 to €484,325
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,482,510 | €4,114,344 | +€631,834 | +18.1% |
| Fixed assets | 21/28 | €2,814,575 | €3,048,577 | +€234,002 | +8.3% |
| Tangible fixed assets | 22/27 | €2,814,575 | €3,048,577 | +€234,002 | +8.3% |
| Land and buildings | 22 | €2,695,535 | €2,952,505 | +€256,970 | +9.5% |
| Furniture and vehicles | 24 | €39,000 | €26,296 | -€12,704 | -32.6% |
| Other tangible fixed assets | 26 | €80,041 | €69,776 | -€10,265 | -12.8% |
| Current assets | 29/58 | €667,935 | €1,065,768 | +€397,832 | +59.6% |
| Stocks and contracts in progress | 3 | €151,665 | €181,945 | +€30,279 | +20.0% |
| Stocks | 30/36 | €151,665 | €181,945 | +€30,279 | +20.0% |
| Amounts receivable within one year | 40/41 | €413,215 | €524,228 | +€111,013 | +26.9% |
| Trade receivables | 40 | €300,246 | €330,303 | +€30,057 | +10.0% |
| Other amounts receivable | 41 | €112,969 | €193,925 | +€80,956 | +71.7% |
| Cash at bank and in hand | 54/58 | €100,267 | €356,273 | +€256,006 | +255% |
| Deferred charges and accrued income | 490/1 | €2,788 | €3,322 | +€534 | +19.1% |
| Total equity and liabilities | 10/49 | €3,482,510 | €4,114,344 | +€631,834 | +18.1% |
| Equity | 10/15 | €207,248 | €253,805 | +€46,557 | +22.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €23,133 | €23,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,239 | - | -€1,239 | |
| Reserves not available under the articles | 1311 | €1,239 | - | -€1,239 | |
| Distributable reserves | 133 | €21,894 | €23,133 | +€1,239 | +5.7% |
| Profit (loss) carried forward | 14 | €171,715 | €218,272 | +€46,557 | +27.1% |
| Amounts payable | 17/49 | €3,275,263 | €3,860,540 | +€585,277 | +17.9% |
| Amounts payable after more than one year | 17 | €2,686,537 | €2,791,133 | +€104,597 | +3.9% |
| Financial debts | 170/4 | €2,356,037 | €2,441,400 | +€85,363 | +3.6% |
| Other amounts payable | 178/9 | €330,500 | €349,733 | +€19,233 | +5.8% |
| Amounts payable within one year | 42/48 | €551,054 | €1,050,350 | +€499,297 | +90.6% |
| Current portion of amounts payable after more than one year | 42 | €236,774 | €276,759 | +€39,986 | +16.9% |
| Trade debts | 44 | €128,518 | €485,362 | +€356,843 | +278% |
| Suppliers | 440/4 | €128,518 | €485,362 | +€356,843 | +278% |
| Advances received on contracts in progress | 46 | - | €44,279 | +€44,279 | |
| Taxes, remuneration and social security | 45 | €130,474 | €59,984 | -€70,490 | -54.0% |
| Taxes | 450/3 | €117,494 | €38,684 | -€78,810 | -67.1% |
| Remuneration and social security | 454/9 | €12,980 | €21,300 | +€8,320 | +64.1% |
| Other amounts payable | 47/48 | €55,287 | €183,967 | +€128,679 | +233% |
| Accrued charges and deferred income | 492/3 | €37,673 | €19,056 | -€18,617 | -49.4% |
| Remuneration, social security and pensions | 62 | €69,003 | €72,677 | +€3,674 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €296,948 | €234,673 | -€62,275 | -21.0% |
| Other operating charges | 640/8 | €11,051 | €23,293 | +€12,242 | +111% |
| Gross operating margin | 9900 | €490,640 | €484,325 | -€6,315 | -1.3% |
| Operating profit (loss) | 9901 | €113,638 | €153,682 | +€40,044 | +35.2% |
| Financial income | 75/76B | €1 | €78 | +€77 | +7,032% |
| Recurring financial income | 75 | €1 | €78 | +€77 | +7,032% |
| Financial charges | 65/66B | €83,300 | €97,786 | +€14,486 | +17.4% |
| Recurring financial charges | 65 | €83,300 | €97,786 | +€14,486 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €30,339 | €55,974 | +€25,635 | +84.5% |
| Income taxes | 67/77 | €484 | €9,417 | +€8,933 | +1,844% |
| Profit (loss) for the period | 9904 | €29,855 | €46,557 | +€16,702 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,855 | €46,557 | +€16,702 | +55.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.