Young: 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.
Young
Largest movements
- Cash +€233,354
up €233,354 (+36.0%), from €647,330 to €880,684
mainly Net result for the year (+€406,709) and Depreciation (+€12,965)
- Reserves +€299,976
up €299,976 (+39.8%), from €753,077 to €1.1m
- Trade debts -€47,815
down €47,815 (-53.8%), from €88,937 to €41,122
- Tax, wage and social debts -€17,722
down €17,722 (-24.4%), from €72,617 to €54,895
of which Taxes: -€13,625
- Gross operating margin +€85,152
up €85,152 (+10.8%), from €784,901 to €870,052
- Taxes +€36,080
up €36,080 (+52.7%), from €68,434 to €104,514
- Financial charges -€14,785
down €14,785 (-34.0%), from €43,422 to €28,637
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 | €1,037,692 | €1,262,743 | +€225,051 | +21.7% |
| Fixed assets | 21/28 | €26,460 | €18,336 | -€8,123 | -30.7% |
| Intangible fixed assets | 21 | €578 | €58 | -€520 | -89.9% |
| Tangible fixed assets | 22/27 | €22,423 | €14,820 | -€7,603 | -33.9% |
| Furniture and vehicles | 24 | €22,423 | €14,820 | -€7,603 | -33.9% |
| Financial fixed assets | 28 | €3,458 | €3,458 | = | 0.0% |
| Current assets | 29/58 | €1,011,233 | €1,244,407 | +€233,174 | +23.1% |
| Amounts receivable after more than one year | 29 | €241,000 | €241,000 | = | 0.0% |
| Other amounts receivable | 291 | €241,000 | €241,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €111,235 | €112,227 | +€992 | +0.9% |
| Trade receivables | 40 | €54,868 | €94,163 | +€39,295 | +71.6% |
| Other amounts receivable | 41 | €56,367 | €18,064 | -€38,303 | -68.0% |
| Cash at bank and in hand | 54/58 | €647,330 | €880,684 | +€233,354 | +36.0% |
| Deferred charges and accrued income | 490/1 | €11,668 | €10,496 | -€1,172 | -10.0% |
| Total equity and liabilities | 10/49 | €1,037,692 | €1,262,743 | +€225,051 | +21.7% |
| Equity | 10/15 | €758,077 | €1,058,053 | +€299,976 | +39.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €753,077 | €1,053,053 | +€299,976 | +39.8% |
| Distributable reserves | 133 | €753,077 | €1,053,053 | +€299,976 | +39.8% |
| Amounts payable | 17/49 | €279,616 | €204,691 | -€74,925 | -26.8% |
| Amounts payable within one year | 42/48 | €279,228 | €204,491 | -€74,738 | -26.8% |
| Financial debts | 43 | €173 | - | -€173 | |
| Credit institutions | 430/8 | €173 | - | -€173 | |
| Trade debts | 44 | €88,937 | €41,122 | -€47,815 | -53.8% |
| Suppliers | 440/4 | €88,937 | €41,122 | -€47,815 | -53.8% |
| Taxes, remuneration and social security | 45 | €72,617 | €54,895 | -€17,722 | -24.4% |
| Taxes | 450/3 | €37,031 | €23,406 | -€13,625 | -36.8% |
| Remuneration and social security | 454/9 | €35,586 | €31,489 | -€4,097 | -11.5% |
| Other amounts payable | 47/48 | €117,502 | €108,474 | -€9,028 | -7.7% |
| Accrued charges and deferred income | 492/3 | €387 | €200 | -€187 | -48.4% |
| Remuneration, social security and pensions | 62 | €327,495 | €323,948 | -€3,547 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,566 | €12,965 | +€1,399 | +12.1% |
| Other operating charges | 640/8 | €1,205 | €752 | -€453 | -37.6% |
| Gross operating margin | 9900 | €784,901 | €870,052 | +€85,152 | +10.8% |
| Operating profit (loss) | 9901 | €444,634 | €532,388 | +€87,753 | +19.7% |
| Financial income | 75/76B | €8,498 | €7,472 | -€1,026 | -12.1% |
| Recurring financial income | 75 | €8,498 | €7,472 | -€1,026 | -12.1% |
| Financial charges | 65/66B | €43,422 | €28,637 | -€14,785 | -34.0% |
| Recurring financial charges | 65 | €43,422 | €28,637 | -€14,785 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €409,711 | €511,223 | +€101,512 | +24.8% |
| Income taxes | 67/77 | €68,434 | €104,514 | +€36,080 | +52.7% |
| Profit (loss) for the period | 9904 | €341,277 | €406,709 | +€65,432 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €341,277 | €406,709 | +€65,432 | +19.2% |
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 15 October 2026 via checked.be.