YVSA: what changed
Two fiscal 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.
YVSA
Largest movements
- Receivables within one year +€31,049
up €31,049 (+57.5%), from €54,023 to €85,072
of which Trade receivables: +€18,977
- Cash +€19,064
up €19,064 (+19.4%), from €98,378 to €117,442
mainly Other debts (+€61,044) and Net result for the year (+€39,529)
- Tangible fixed assets -€6,979
down €6,979 (-89.9%), from €7,760 to €781
- Receivables after one year -€4,661
down €4,661 (-33.3%), from €13,983 to €9,322
- Other debts +€61,044
up €61,044 (+311.2%), from €19,618 to €80,662
- Reserves -€40,256
down €40,256 (-31.1%), from €129,617 to €89,362
- Tax, wage and social debts +€19,782
up €19,782 (+972.1%), from €2,035 to €21,817
- Gross operating margin +€25,552
up €25,552 (+65.8%), from €38,814 to €64,367
- Taxes +€11,271
up €11,271 (+125.1%), from €9,010 to €20,281
- Financial charges -€1,074
down €1,074 (-80.9%), from €1,327 to €253
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 | €174,718 | €213,193 | +€38,475 | +22.0% |
| Fixed assets | 21/28 | €8,160 | €1,181 | -€6,979 | -85.5% |
| Tangible fixed assets | 22/27 | €7,760 | €781 | -€6,979 | -89.9% |
| Furniture and vehicles | 24 | €7,760 | €781 | -€6,979 | -89.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €166,558 | €212,012 | +€45,454 | +27.3% |
| Amounts receivable after more than one year | 29 | €13,983 | €9,322 | -€4,661 | -33.3% |
| Other amounts receivable | 291 | €13,983 | €9,322 | -€4,661 | -33.3% |
| Amounts receivable within one year | 40/41 | €54,023 | €85,072 | +€31,049 | +57.5% |
| Trade receivables | 40 | €4,478 | €23,455 | +€18,977 | +423.8% |
| Other amounts receivable | 41 | €49,545 | €61,617 | +€12,072 | +24.4% |
| Cash at bank and in hand | 54/58 | €98,378 | €117,442 | +€19,064 | +19.4% |
| Deferred charges and accrued income | 490/1 | €174 | €176 | +€2 | +1.3% |
| Total equity and liabilities | 10/49 | €174,718 | €213,193 | +€38,475 | +22.0% |
| Equity | 10/15 | €148,367 | €108,112 | -€40,256 | -27.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €129,617 | €89,362 | -€40,256 | -31.1% |
| Distributable reserves | 133 | €129,617 | €89,362 | -€40,256 | -31.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,350 | €105,081 | +€78,731 | +298.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €26,350 | €105,081 | +€78,731 | +298.8% |
| Current portion of amounts payable after more than one year | 42 | €1,607 | €0 | -€1,607 | -100.0% |
| Trade debts | 44 | €3,090 | €2,602 | -€488 | -15.8% |
| Suppliers | 440/4 | €3,090 | €2,602 | -€488 | -15.8% |
| Taxes, remuneration and social security | 45 | €2,035 | €21,817 | +€19,782 | +972.1% |
| Taxes | 450/3 | €2,035 | €21,817 | +€19,782 | +972.1% |
| Other amounts payable | 47/48 | €19,618 | €80,662 | +€61,044 | +311.2% |
| Non-recurring operating income | 76A | €1,993 | €0 | -€1,993 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,243 | €6,979 | -€264 | -3.6% |
| Other operating charges | 640/8 | €508 | €1,033 | +€525 | +103.3% |
| Gross operating margin | 9900 | €38,814 | €64,367 | +€25,552 | +65.8% |
| Operating profit (loss) | 9901 | €31,063 | €56,354 | +€25,291 | +81.4% |
| Financial income | 75/76B | €3,553 | €3,709 | +€156 | +4.4% |
| Recurring financial income | 75 | €3,553 | €3,709 | +€156 | +4.4% |
| Financial charges | 65/66B | €1,327 | €253 | -€1,074 | -80.9% |
| Recurring financial charges | 65 | €1,327 | €253 | -€1,074 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | €33,289 | €59,810 | +€26,521 | +79.7% |
| Income taxes | 67/77 | €9,010 | €20,281 | +€11,271 | +125.1% |
| Profit (loss) for the period | 9904 | €24,279 | €39,529 | +€15,250 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,279 | €39,529 | +€15,250 | +62.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.