YANGWEI: 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.
YANGWEI
Largest movements
- Receivables within one year -€121,611
down €121,611 (-46.5%), from €261,610 to €140,000
of which Other amounts receivable: -€138,153
- Cash +€23,673
up €23,673 (+63.7%), from €37,167 to €60,840
mainly Receivables within one year (+€121,611) and Other debts (+€29,533)
- Tax, wage and social debts -€53,646
down €53,646 (-99.1%), from €54,122 to €476
of which Taxes: -€43,237
- Trade debts -€49,193
down €49,193 (-100%), from €49,193 to €0
- Other debts +€29,533
up €29,533 (+7.2%), from €408,801 to €438,334
- Debts after one year -€28,798
down €28,798 (-55.0%), from €52,400 to €23,602
- Turnover +€271,448
new in 2024: €271,448
- Gross operating margin -€31,551
down €31,551 (-25.6%), from €123,064 to €91,512
- Purchases and services +€21,388
up €21,388 (+8.9%), from €240,480 to €261,868
- Staff costs -€13,864
down €13,864 (-14.6%), from €94,729 to €80,865
- Other operating charges +€12,951
up €12,951 (+2,173%), from €596 to €13,547
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €976,072 | €867,970 | -€108,102 | -11.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €668,189 | €667,130 | -€1,059 | -0.2% |
| Tangible fixed assets | 22/27 | €2,689 | €1,630 | -€1,059 | -39.4% |
| Land and buildings | 22 | €1,465 | €629 | -€835 | -57.0% |
| Plant, machinery and equipment | 23 | €1,225 | €1,001 | -€223 | -18.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €665,500 | €665,500 | = | 0.0% |
| Current assets | 29/58 | €307,882 | €200,839 | -€107,043 | -34.8% |
| Stocks and contracts in progress | 3 | €9,105 | €0 | -€9,105 | -100% |
| Stocks | 30/36 | €9,105 | €0 | -€9,105 | -100% |
| Amounts receivable within one year | 40/41 | €261,610 | €140,000 | -€121,611 | -46.5% |
| Trade receivables | 40 | €30,450 | €46,992 | +€16,542 | +54.3% |
| Other amounts receivable | 41 | €231,160 | €93,008 | -€138,153 | -59.8% |
| Cash at bank and in hand | 54/58 | €37,167 | €60,840 | +€23,673 | +63.7% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €976,072 | €867,970 | -€108,102 | -11.1% |
| Equity | 10/15 | €149,728 | €143,264 | -€6,464 | -4.3% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,128 | €24,664 | -€6,464 | -20.8% |
| Amounts payable | 17/49 | €826,344 | €724,706 | -€101,638 | -12.3% |
| Amounts payable after more than one year | 17 | €52,400 | €23,602 | -€28,798 | -55.0% |
| Financial debts | 170/4 | €52,400 | €23,602 | -€28,798 | -55.0% |
| Amounts payable within one year | 42/48 | €603,917 | €530,570 | -€73,347 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €91,801 | €91,760 | -€41 | 0.0% |
| Trade debts | 44 | €49,193 | €0 | -€49,193 | -100% |
| Suppliers | 440/4 | €49,193 | €0 | -€49,193 | -100% |
| Taxes, remuneration and social security | 45 | €54,122 | €476 | -€53,646 | -99.1% |
| Taxes | 450/3 | €43,713 | €476 | -€43,237 | -98.9% |
| Remuneration and social security | 454/9 | €10,409 | €0 | -€10,409 | -100% |
| Other amounts payable | 47/48 | €408,801 | €438,334 | +€29,533 | +7.2% |
| Accrued charges and deferred income | 492/3 | €170,027 | €170,534 | +€507 | +0.3% |
| Turnover | 70 | - | €271,448 | +€271,448 | |
| Non-recurring operating income | 76A | - | €1,356 | +€1,356 | |
| Goods, raw materials, services and sundry goods | 60/61 | €240,480 | €261,868 | +€21,388 | +8.9% |
| Remuneration, social security and pensions | 62 | €94,729 | €80,865 | -€13,864 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,399 | €1,059 | -€340 | -24.3% |
| Other operating charges | 640/8 | €596 | €13,547 | +€12,951 | +2,173% |
| Non-recurring operating charges | 66A | €6,947 | - | -€6,947 | |
| Gross operating margin | 9900 | €123,064 | €91,512 | -€31,551 | -25.6% |
| Operating profit (loss) | 9901 | €19,392 | -€3,959 | -€23,352 | |
| Financial income | 75/76B | €104 | - | -€104 | |
| Recurring financial income | 75 | €104 | - | -€104 | |
| Financial charges | 65/66B | €276 | €2,504 | +€2,228 | +807% |
| Recurring financial charges | 65 | €276 | €2,504 | +€2,228 | +807% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €19,220 | -€6,464 | -€25,684 | |
| Income taxes | 67/77 | €5,561 | - | -€5,561 | |
| Profit (loss) for the period | 9904 | €13,659 | -€6,464 | -€20,122 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,659 | -€6,464 | -€20,122 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.