YW PROJECTS: what changed
What changed
YW PROJECTS
NACE 68.322, Real estate appraisal on a fee or contract basis
filed annual accounts (NBB)
Net result for the year
-€37,839
2023 · €629-€38,467
Equity
€101,362
2023 · €139,200-€37,839
Cash
€2,566
2023 · €25,387-€22,821
Balance sheet total
€208,994
2023 · €352,050-€143,056
Largest movements
Assets
- Receivables within one year -€123,516
down €123,516 (-38.4%), from €321,679 to €198,164
of which Trade receivables: -€203,497
- Cash -€22,821
down €22,821 (-89.9%), from €25,387 to €2,566
mainly Other debts (-€53,503) and Net result for the year (-€37,839)
Equity and liabilities
- Other debts -€53,503
down €53,503 (-57.4%), from €93,149 to €39,646
- Profit (loss) carried forward -€37,839
down €37,839 (-21.7%), from -€174,259 to -€212,098
- Trade debts -€25,670
down €25,670 (-44.0%), from €58,277 to €32,607
- Short-term financial debts -€23,587
down €23,587 (-40.3%), from €58,512 to €34,925
Income statement
- Gross operating margin -€23,585
down €23,585, from €13,652 to -€9,933
- Other operating charges +€1,289
up €1,289 (+53.9%), from €2,393 to €3,682
- Depreciation +€965
up €965 (+286%), from €337 to €1,302
- Financial charges +€527
up €527 (+6.3%), from €8,406 to €8,933
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€629
Gross operating margin
-€23,585
Depreciation
-€965
Other operating charges
-€1,289
Other operating items
-€12,181
Financial income
+€79
Financial charges
-€527
Result 2024
-€37,839
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€5,966
Investment
-€5,200
Financing
-€23,587
Cash 2023
€25,387
From operations (derived)
+€5,966
Net result for the year
-€37,839
Depreciation
+€1,302
Receivables within one year
+€123,516
Deferred charges and accrued income
+€616
Trade debts
-€25,670
Tax, wage and social debts
-€2,407
Advances received
-€50
Other debts
-€53,503
Investment (derived)
-€5,200
Investment in fixed assets (net)
-€5,200
Financing
-€23,587
Short-term financial debts
-€23,587
Cash 2024
€2,566
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €352,050 | €208,994 | -€143,056 | -40.6% |
| Fixed assets | 21/28 | €4,362 | €8,260 | +€3,898 | +89.4% |
| Intangible fixed assets | 21 | €1,658 | €4,665 | +€3,007 | +181% |
| Tangible fixed assets | 22/27 | - | €891 | +€891 | |
| Furniture and vehicles | 24 | - | €891 | +€891 | |
| Financial fixed assets | 28 | €2,704 | €2,704 | = | 0.0% |
| Current assets | 29/58 | €347,688 | €200,734 | -€146,954 | -42.3% |
| Amounts receivable within one year | 40/41 | €321,679 | €198,164 | -€123,516 | -38.4% |
| Trade receivables | 40 | €292,864 | €89,366 | -€203,497 | -69.5% |
| Other amounts receivable | 41 | €28,815 | €108,797 | +€79,982 | +278% |
| Cash at bank and in hand | 54/58 | €25,387 | €2,566 | -€22,821 | -89.9% |
| Deferred charges and accrued income | 490/1 | €621 | €5 | -€616 | -99.2% |
| Total equity and liabilities | 10/49 | €352,050 | €208,994 | -€143,056 | -40.6% |
| Equity | 10/15 | €139,200 | €101,362 | -€37,839 | -27.2% |
| Contributions | 10/11 | €311,600 | €311,600 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€174,259 | -€212,098 | -€37,839 | -21.7% |
| Amounts payable | 17/49 | €212,850 | €107,633 | -€105,217 | -49.4% |
| Amounts payable within one year | 42/48 | €212,850 | €107,633 | -€105,217 | -49.4% |
| Financial debts | 43 | €58,512 | €34,925 | -€23,587 | -40.3% |
| Credit institutions | 430/8 | €58,512 | €34,925 | -€23,587 | -40.3% |
| Trade debts | 44 | €58,277 | €32,607 | -€25,670 | -44.0% |
| Suppliers | 440/4 | €58,277 | €32,607 | -€25,670 | -44.0% |
| Advances received on contracts in progress | 46 | €50 | - | -€50 | |
| Taxes, remuneration and social security | 45 | €2,862 | €455 | -€2,407 | -84.1% |
| Taxes | 450/3 | €2,862 | €455 | -€2,407 | -84.1% |
| Other amounts payable | 47/48 | €93,149 | €39,646 | -€53,503 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €337 | €1,302 | +€965 | +286% |
| Other operating charges | 640/8 | €2,393 | €3,682 | +€1,289 | +53.9% |
| Non-recurring operating charges | 66A | €2,000 | €14,181 | +€12,181 | +609% |
| Gross operating margin | 9900 | €13,652 | -€9,933 | -€23,585 | |
| Operating profit (loss) | 9901 | €8,922 | -€29,097 | -€38,019 | |
| Financial income | 75/76B | €113 | €192 | +€79 | +69.6% |
| Recurring financial income | 75 | €113 | €192 | +€79 | +69.6% |
| Financial charges | 65/66B | €8,406 | €8,933 | +€527 | +6.3% |
| Recurring financial charges | 65 | €8,406 | €8,933 | +€527 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €629 | -€37,839 | -€38,467 | |
| Profit (loss) for the period | 9904 | €629 | -€37,839 | -€38,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €629 | -€37,839 | -€38,467 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.