YVICK: 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.
YVICK
Largest movements
- Receivables within one year -€44,597
down €44,597 (-29.1%), from €153,401 to €108,803
of which Trade receivables: -€39,103
- Current investments +€41,368
up €41,368 (+116%), from €35,784 to €77,153
- Cash -€10,121
down €10,121 (-44.0%), from €23,004 to €12,882
mainly Current investments (-€41,368) and Other debts (-€12,921)
- Deferred charges and accrued income +€7,500
up €7,500, from €0 to €7,500
- Stocks and contracts -€5,812
down €5,812 (-49.8%), from €11,661 to €5,849
- Other debts -€12,921
down €12,921 (-86.1%), from €15,000 to €2,079
- Gross operating margin -€53,822
down €53,822 (-87.9%), from €61,262 to €7,440
- Write-downs -€43,081
down €43,081 (-100%), from €43,081 to €0
- Taxes +€2,312
up €2,312 (+1,596%), from €145 to €2,457
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 | €231,479 | €221,123 | -€10,355 | -4.5% |
| Fixed assets | 21/28 | €7,629 | €8,936 | +€1,307 | +17.1% |
| Tangible fixed assets | 22/27 | €7,629 | €8,936 | +€1,307 | +17.1% |
| Furniture and vehicles | 24 | €0 | €2,317 | +€2,317 | |
| Other tangible fixed assets | 26 | €7,629 | €6,619 | -€1,010 | -13.2% |
| Current assets | 29/58 | €223,849 | €212,187 | -€11,662 | -5.2% |
| Stocks and contracts in progress | 3 | €11,661 | €5,849 | -€5,812 | -49.8% |
| Stocks | 30/36 | €11,661 | €5,849 | -€5,812 | -49.8% |
| Amounts receivable within one year | 40/41 | €153,401 | €108,803 | -€44,597 | -29.1% |
| Trade receivables | 40 | €143,963 | €104,860 | -€39,103 | -27.2% |
| Other amounts receivable | 41 | €9,437 | €3,943 | -€5,494 | -58.2% |
| Current investments | 50/53 | €35,784 | €77,153 | +€41,368 | +116% |
| Cash at bank and in hand | 54/58 | €23,004 | €12,882 | -€10,121 | -44.0% |
| Deferred charges and accrued income | 490/1 | €0 | €7,500 | +€7,500 | |
| Total equity and liabilities | 10/49 | €231,479 | €221,123 | -€10,355 | -4.5% |
| Equity | 10/15 | €210,508 | €212,222 | +€1,713 | +0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €190,360 | €190,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €71,500 | €71,500 | = | 0.0% |
| Distributable reserves | 133 | €117,000 | €117,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,948 | €15,662 | +€1,713 | +12.3% |
| Amounts payable | 17/49 | €20,970 | €8,902 | -€12,069 | -57.6% |
| Amounts payable within one year | 42/48 | €20,970 | €8,902 | -€12,069 | -57.6% |
| Trade debts | 44 | €5,252 | €5,054 | -€198 | -3.8% |
| Suppliers | 440/4 | €5,252 | €5,054 | -€198 | -3.8% |
| Taxes, remuneration and social security | 45 | €718 | €1,768 | +€1,050 | +146% |
| Taxes | 450/3 | €718 | €1,768 | +€1,050 | +146% |
| Other amounts payable | 47/48 | €15,000 | €2,079 | -€12,921 | -86.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,294 | €1,249 | -€45 | -3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €43,081 | €0 | -€43,081 | -100% |
| Other operating charges | 640/8 | €850 | €961 | +€111 | +13.0% |
| Gross operating margin | 9900 | €61,262 | €7,440 | -€53,822 | -87.9% |
| Operating profit (loss) | 9901 | €16,037 | €5,231 | -€10,806 | -67.4% |
| Financial income | 75/76B | €84 | €150 | +€66 | +78.1% |
| Recurring financial income | 75 | €84 | €150 | +€66 | +78.1% |
| Financial charges | 65/66B | €599 | €1,210 | +€611 | +102% |
| Recurring financial charges | 65 | €599 | €1,210 | +€611 | +102% |
| Profit (loss) for the period before taxes | 9903 | €15,522 | €4,170 | -€11,352 | -73.1% |
| Income taxes | 67/77 | €145 | €2,457 | +€2,312 | +1,596% |
| Profit (loss) for the period | 9904 | €15,377 | €1,713 | -€13,664 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,377 | €1,713 | -€13,664 | -88.9% |
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 1 November 2026 via checked.be.