IMMO YMCO: 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.
IMMO YMCO
Largest movements
- Stocks and contracts -€155,056
down €155,056 (-12.5%), from €1.2m to €1.1m
of which Contracts in progress: -€410,381
- Receivables within one year +€125,676
up €125,676 (+110.5%), from €113,773 to €239,449
of which Other amounts receivable: +€132,279
- Cash -€83,602
down €83,602 (-97.6%), from €85,666 to €2,064
mainly Advances received (-€511,038) and Receivables within one year (-€125,676)
- Advances received -€511,038
no longer reported in 2025 (was €511,038)
- Short-term financial debts +€377,794
up €377,794 (+116.5%), from €324,362 to €702,156
- Other debts +€87,984
up €87,984 (+6219.5%), from €1,415 to €89,399
- Trade debts -€49,898
down €49,898 (-40.5%), from €123,340 to €73,442
- Gross operating margin -€98,870
down €98,870 (-85.7%), from €115,310 to €16,441
- Taxes -€29,118
down €29,118 (-99.5%), from €29,272 to €154
- Financial income +€5,332
up €5,332 (+161.6%), from €3,300 to €8,632
- Financial charges +€1,962
up €1,962 (+7.8%), from €25,070 to €27,032
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 | €1,447,017 | €1,336,816 | -€110,201 | -7.6% |
| Fixed assets | 21/28 | €250 | €4,100 | +€3,850 | +1539.9% |
| Tangible fixed assets | 22/27 | - | €3,850 | +€3,850 | |
| Furniture and vehicles | 24 | - | €3,850 | +€3,850 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €1,446,767 | €1,332,717 | -€114,050 | -7.9% |
| Stocks and contracts in progress | 3 | €1,244,754 | €1,089,697 | -€155,056 | -12.5% |
| Stocks | 30/36 | €834,372 | €1,089,697 | +€255,325 | +30.6% |
| Contracts in progress | 37 | €410,381 | - | -€410,381 | |
| Amounts receivable within one year | 40/41 | €113,773 | €239,449 | +€125,676 | +110.5% |
| Trade receivables | 40 | €21,002 | €14,399 | -€6,603 | -31.4% |
| Other amounts receivable | 41 | €92,771 | €225,050 | +€132,279 | +142.6% |
| Cash at bank and in hand | 54/58 | €85,666 | €2,064 | -€83,602 | -97.6% |
| Deferred charges and accrued income | 490/1 | €2,575 | €1,507 | -€1,068 | -41.5% |
| Total equity and liabilities | 10/49 | €1,447,017 | €1,336,816 | -€110,201 | -7.6% |
| Equity | 10/15 | €455,659 | €449,078 | -€6,582 | -1.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €64,750 | €64,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €58,553 | €58,553 | = | 0.0% |
| Profit (loss) carried forward | 14 | €328,936 | €322,354 | -€6,582 | -2.0% |
| Provisions and deferred taxes | 16 | €8,375 | €8,375 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €8,375 | €8,375 | = | 0.0% |
| Other liabilities and charges | 164/5 | €8,375 | €8,375 | = | 0.0% |
| Amounts payable | 17/49 | €982,983 | €879,364 | -€103,619 | -10.5% |
| Amounts payable within one year | 42/48 | €982,930 | €879,269 | -€103,661 | -10.5% |
| Financial debts | 43 | €324,362 | €702,156 | +€377,794 | +116.5% |
| Credit institutions | 430/8 | €324,362 | €702,156 | +€377,794 | +116.5% |
| Trade debts | 44 | €123,340 | €73,442 | -€49,898 | -40.5% |
| Suppliers | 440/4 | €123,340 | €73,442 | -€49,898 | -40.5% |
| Advances received on contracts in progress | 46 | €511,038 | - | -€511,038 | |
| Taxes, remuneration and social security | 45 | €22,776 | €14,272 | -€8,504 | -37.3% |
| Taxes | 450/3 | €22,776 | €14,272 | -€8,504 | -37.3% |
| Other amounts payable | 47/48 | €1,415 | €89,399 | +€87,984 | +6219.5% |
| Accrued charges and deferred income | 492/3 | €52 | €95 | +€43 | +81.5% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €401 | +€401 | |
| Other operating charges | 640/8 | €1,328 | €1,671 | +€343 | +25.8% |
| Non-recurring operating charges | 66A | €4,388 | €2,397 | -€1,991 | -45.4% |
| Gross operating margin | 9900 | €115,310 | €16,441 | -€98,870 | -85.7% |
| Operating profit (loss) | 9901 | €109,595 | €11,972 | -€97,623 | -89.1% |
| Financial income | 75/76B | €3,300 | €8,632 | +€5,332 | +161.6% |
| Recurring financial income | 75 | €3,300 | €8,632 | +€5,332 | +161.6% |
| Financial charges | 65/66B | €25,070 | €27,032 | +€1,962 | +7.8% |
| Recurring financial charges | 65 | €25,070 | €27,032 | +€1,962 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €87,825 | -€6,428 | -€94,253 | |
| Income taxes | 67/77 | €29,272 | €154 | -€29,118 | -99.5% |
| Profit (loss) for the period | 9904 | €58,553 | -€6,582 | -€65,135 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,553 | -€6,582 | -€65,135 |
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 6 October 2026 via checked.be.