J.Y.M.: 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.
J.Y.M.
Largest movements
- Cash +€32,461
up €32,461 (+72.6%), from €44,715 to €77,176
mainly Net result for the year (+€25,000) and Receivables within one year (+€10,167)
- Stocks and contracts +€14,036
up €14,036 (+32.0%), from €43,868 to €57,904
- Receivables within one year -€10,167
down €10,167 (-55.4%), from €18,357 to €8,190
of which Trade receivables: -€10,148
- Reserves +€24,995
up €24,995 (+71.2%), from €35,126 to €60,121
of which Distributable reserves: +€24,995
- Tax, wage and social debts +€8,106
up €8,106 (+90.8%), from €8,929 to €17,036
of which Taxes: +€8,973
- Trade debts +€4,356
up €4,356 (+16.6%), from €26,228 to €30,584
- Advances received -€2,749
no longer reported in 2026 (was €2,749)
- Other debts +€2,552
up €2,552 (+36.0%), from €7,090 to €9,642
- Gross operating margin +€27,422
up €27,422 (+68.2%), from €40,222 to €67,644
- Taxes +€8,273
up €8,273 (+1,402%), from €590 to €8,863
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,531 | €153,963 | +€35,432 | +29.9% |
| Fixed assets | 21/28 | €7,051 | €6,213 | -€838 | -11.9% |
| Tangible fixed assets | 22/27 | €7,051 | €6,213 | -€838 | -11.9% |
| Furniture and vehicles | 24 | €4,701 | €4,756 | +€55 | +1.2% |
| Other tangible fixed assets | 26 | €2,350 | €1,457 | -€893 | -38.0% |
| Current assets | 29/58 | €111,480 | €147,750 | +€36,270 | +32.5% |
| Stocks and contracts in progress | 3 | €43,868 | €57,904 | +€14,036 | +32.0% |
| Stocks | 30/36 | €43,868 | €57,904 | +€14,036 | +32.0% |
| Amounts receivable within one year | 40/41 | €18,357 | €8,190 | -€10,167 | -55.4% |
| Trade receivables | 40 | €18,338 | €8,190 | -€10,148 | -55.3% |
| Other amounts receivable | 41 | €20 | - | -€20 | |
| Cash at bank and in hand | 54/58 | €44,715 | €77,176 | +€32,461 | +72.6% |
| Deferred charges and accrued income | 490/1 | €4,540 | €4,480 | -€60 | -1.3% |
| Total equity and liabilities | 10/49 | €118,531 | €153,963 | +€35,432 | +29.9% |
| Equity | 10/15 | €69,582 | €94,583 | +€25,000 | +35.9% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €35,126 | €60,121 | +€24,995 | +71.2% |
| Non-distributable reserves | 130/1 | €1,239 | €1,239 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,239 | €1,239 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,812 | €1,812 | = | 0.0% |
| Distributable reserves | 133 | €32,075 | €57,070 | +€24,995 | +77.9% |
| Profit (loss) carried forward | 14 | €22,062 | €22,067 | +€5 | 0.0% |
| Amounts payable | 17/49 | €48,948 | €59,380 | +€10,432 | +21.3% |
| Amounts payable after more than one year | 17 | €1,706 | - | -€1,706 | |
| Financial debts | 170/4 | €1,706 | - | -€1,706 | |
| Amounts payable within one year | 42/48 | €47,172 | €58,968 | +€11,795 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €2,176 | €1,706 | -€469 | -21.6% |
| Trade debts | 44 | €26,228 | €30,584 | +€4,356 | +16.6% |
| Suppliers | 440/4 | €26,228 | €30,584 | +€4,356 | +16.6% |
| Advances received on contracts in progress | 46 | €2,749 | - | -€2,749 | |
| Taxes, remuneration and social security | 45 | €8,929 | €17,036 | +€8,106 | +90.8% |
| Taxes | 450/3 | €5,004 | €13,977 | +€8,973 | +179% |
| Remuneration and social security | 454/9 | €3,925 | €3,059 | -€866 | -22.1% |
| Other amounts payable | 47/48 | €7,090 | €9,642 | +€2,552 | +36.0% |
| Accrued charges and deferred income | 492/3 | €70 | €413 | +€343 | +492% |
| Remuneration, social security and pensions | 62 | €25,815 | €25,432 | -€383 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,207 | €3,266 | +€59 | +1.8% |
| Other operating charges | 640/8 | €1,082 | €1,246 | +€163 | +15.1% |
| Gross operating margin | 9900 | €40,222 | €67,644 | +€27,422 | +68.2% |
| Operating profit (loss) | 9901 | €10,118 | €37,701 | +€27,583 | +273% |
| Financial income | 75/76B | €40 | €22 | -€18 | -44.0% |
| Recurring financial income | 75 | €40 | €22 | -€18 | -44.0% |
| Financial charges | 65/66B | €3,603 | €3,860 | +€258 | +7.1% |
| Recurring financial charges | 65 | €3,603 | €3,860 | +€258 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €6,555 | €33,863 | +€27,308 | +417% |
| Income taxes | 67/77 | €590 | €8,863 | +€8,273 | +1,402% |
| Profit (loss) for the period | 9904 | €5,965 | €25,000 | +€19,035 | +319% |
| Profit (loss) for the period to be appropriated | 9905 | €5,965 | €25,000 | +€19,035 | +319% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.