YW TRADING: 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.
YW TRADING
Largest movements
- Tangible fixed assets +€153,793
up €153,793 (+1,675%), from €9,183 to €162,976
of which Land and buildings: +€155,073
- Receivables within one year +€12,282
up €12,282 (+43.6%), from €28,177 to €40,459
of which Trade receivables: +€12,719
- Cash -€8,932
down €8,932 (-24.1%), from €37,013 to €28,082
mainly Investment in fixed assets (net) (-€174,832) and Receivables within one year (-€12,282)
- Debts after one year +€122,231
new in 2025: €122,231
- Other debts +€13,379
up €13,379 (+161%), from €8,312 to €21,691
- Current portion of long-term debt +€6,912
new in 2025: €6,912
- Profit (loss) carried forward +€6,575
up €6,575 (+22.8%), from €28,885 to €35,460
- Trade debts +€4,381
up €4,381 (+20.5%), from €21,320 to €25,700
- Gross operating margin +€22,214
up €22,214 (+120%), from €18,473 to €40,687
- Depreciation +€18,013
up €18,013 (+595%), from €3,026 to €21,039
- Staff costs +€4,090
up €4,090 (+248%), from €1,648 to €5,738
- Financial charges +€3,052
up €3,052 (+6,023%), from €51 to €3,103
- Taxes -€902
down €902 (-25.0%), from €3,614 to €2,712
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 | €87,495 | €245,030 | +€157,536 | +180% |
| Fixed assets | 21/28 | €9,183 | €162,976 | +€153,793 | +1,675% |
| Tangible fixed assets | 22/27 | €9,183 | €162,976 | +€153,793 | +1,675% |
| Land and buildings | 22 | €1,241 | €156,315 | +€155,073 | +12,491% |
| Plant, machinery and equipment | 23 | €3,221 | €1,404 | -€1,817 | -56.4% |
| Furniture and vehicles | 24 | €4,720 | €5,257 | +€537 | +11.4% |
| Current assets | 29/58 | €78,312 | €82,054 | +€3,743 | +4.8% |
| Stocks and contracts in progress | 3 | €12,855 | €13,494 | +€639 | +5.0% |
| Stocks | 30/36 | €12,855 | €13,494 | +€639 | +5.0% |
| Amounts receivable within one year | 40/41 | €28,177 | €40,459 | +€12,282 | +43.6% |
| Trade receivables | 40 | €23,854 | €36,573 | +€12,719 | +53.3% |
| Other amounts receivable | 41 | €4,323 | €3,886 | -€437 | -10.1% |
| Cash at bank and in hand | 54/58 | €37,013 | €28,082 | -€8,932 | -24.1% |
| Deferred charges and accrued income | 490/1 | €266 | €20 | -€246 | -92.5% |
| Total equity and liabilities | 10/49 | €87,495 | €245,030 | +€157,536 | +180% |
| Equity | 10/15 | €50,335 | €56,910 | +€6,575 | +13.1% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €1,950 | €1,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,885 | €35,460 | +€6,575 | +22.8% |
| Amounts payable | 17/49 | €37,160 | €188,120 | +€150,960 | +406% |
| Amounts payable after more than one year | 17 | - | €122,231 | +€122,231 | |
| Financial debts | 170/4 | - | €122,231 | +€122,231 | |
| Amounts payable within one year | 42/48 | €37,160 | €65,889 | +€28,729 | +77.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,912 | +€6,912 | |
| Trade debts | 44 | €21,320 | €25,700 | +€4,381 | +20.5% |
| Suppliers | 440/4 | €21,320 | €25,700 | +€4,381 | +20.5% |
| Taxes, remuneration and social security | 45 | €7,528 | €11,586 | +€4,058 | +53.9% |
| Taxes | 450/3 | €7,181 | €10,928 | +€3,748 | +52.2% |
| Remuneration and social security | 454/9 | €347 | €657 | +€310 | +89.5% |
| Other amounts payable | 47/48 | €8,312 | €21,691 | +€13,379 | +161% |
| Remuneration, social security and pensions | 62 | €1,648 | €5,738 | +€4,090 | +248% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,026 | €21,039 | +€18,013 | +595% |
| Other operating charges | 640/8 | €965 | €1,527 | +€562 | +58.3% |
| Gross operating margin | 9900 | €18,473 | €40,687 | +€22,214 | +120% |
| Operating profit (loss) | 9901 | €12,834 | €12,383 | -€451 | -3.5% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €51 | €3,103 | +€3,052 | +6,023% |
| Recurring financial charges | 65 | €51 | €3,103 | +€3,052 | +6,023% |
| Profit (loss) for the period before taxes | 9903 | €12,783 | €9,287 | -€3,496 | -27.4% |
| Income taxes | 67/77 | €3,614 | €2,712 | -€902 | -25.0% |
| Profit (loss) for the period | 9904 | €9,169 | €6,575 | -€2,594 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,169 | €6,575 | -€2,594 | -28.3% |
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.