YZER: 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.
YZER
Largest movements
- Tangible fixed assets +€24,244
up €24,244 (+79.5%), from €30,497 to €54,740
- Cash -€7,211
down €7,211 (-41.9%), from €17,210 to €9,999
mainly Investment in fixed assets (net) (-€32,246) and Tax, wage and social debts (-€5,657)
- Debts after one year +€25,256
up €25,256 (+183.4%), from €13,772 to €39,028
- Tax, wage and social debts -€5,657
down €5,657 (-43.1%), from €13,139 to €7,483
- Short-term financial debts -€4,049
down €4,049 (-100.0%), from €4,049 to €0
- Trade debts +€1,869
up €1,869 (+216.3%), from €864 to €2,732
- Other operating charges +€14,631
up €14,631 (+1115.3%), from €1,312 to €15,943
- Gross operating margin +€2,513
up €2,513 (+10.4%), from €24,100 to €26,613
- Taxes -€2,105
down €2,105 (-60.9%), from €3,458 to €1,354
- Financial charges +€1,034
up €1,034 (+98.1%), from €1,054 to €2,088
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 | €62,036 | €79,241 | +€17,205 | +27.7% |
| Fixed assets | 21/28 | €30,497 | €54,740 | +€24,244 | +79.5% |
| Tangible fixed assets | 22/27 | €30,497 | €54,740 | +€24,244 | +79.5% |
| Furniture and vehicles | 24 | €30,497 | €54,740 | +€24,244 | +79.5% |
| Current assets | 29/58 | €31,539 | €24,500 | -€7,039 | -22.3% |
| Amounts receivable within one year | 40/41 | €13,592 | €13,139 | -€452 | -3.3% |
| Trade receivables | 40 | €9,680 | €9,680 | = | 0.0% |
| Other amounts receivable | 41 | €3,912 | €3,459 | -€452 | -11.6% |
| Cash at bank and in hand | 54/58 | €17,210 | €9,999 | -€7,211 | -41.9% |
| Deferred charges and accrued income | 490/1 | €738 | €1,362 | +€624 | +84.6% |
| Total equity and liabilities | 10/49 | €62,036 | €79,241 | +€17,205 | +27.7% |
| Equity | 10/15 | €20,348 | €19,575 | -€772 | -3.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,348 | €9,575 | -€772 | -7.5% |
| Distributable reserves | 133 | €10,348 | €9,575 | -€772 | -7.5% |
| Amounts payable | 17/49 | €41,688 | €59,665 | +€17,977 | +43.1% |
| Amounts payable after more than one year | 17 | €13,772 | €39,028 | +€25,256 | +183.4% |
| Financial debts | 170/4 | €13,772 | €39,028 | +€25,256 | +183.4% |
| Amounts payable within one year | 42/48 | €27,916 | €20,637 | -€7,279 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €9,864 | €10,422 | +€558 | +5.7% |
| Financial debts | 43 | €4,049 | €0 | -€4,049 | -100.0% |
| Credit institutions | 430/8 | €4,049 | €0 | -€4,049 | -100.0% |
| Trade debts | 44 | €864 | €2,732 | +€1,869 | +216.3% |
| Suppliers | 440/4 | €864 | €2,732 | +€1,869 | +216.3% |
| Taxes, remuneration and social security | 45 | €13,139 | €7,483 | -€5,657 | -43.1% |
| Taxes | 450/3 | €13,139 | €7,483 | -€5,657 | -43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,955 | €8,002 | +€47 | +0.6% |
| Other operating charges | 640/8 | €1,312 | €15,943 | +€14,631 | +1115.3% |
| Gross operating margin | 9900 | €24,100 | €26,613 | +€2,513 | +10.4% |
| Operating profit (loss) | 9901 | €14,833 | €2,668 | -€12,165 | -82.0% |
| Financial income | 75/76B | €27 | €1 | -€26 | -96.5% |
| Recurring financial income | 75 | €27 | €1 | -€26 | -96.5% |
| Financial charges | 65/66B | €1,054 | €2,088 | +€1,034 | +98.1% |
| Recurring financial charges | 65 | €1,054 | €2,088 | +€1,034 | +98.1% |
| Profit (loss) for the period before taxes | 9903 | €13,806 | €581 | -€13,225 | -95.8% |
| Income taxes | 67/77 | €3,458 | €1,354 | -€2,105 | -60.9% |
| Profit (loss) for the period | 9904 | €10,348 | -€772 | -€11,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,348 | -€772 | -€11,120 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.