Y&M Management: 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.
Y&M Management
Largest movements
- Receivables within one year +€149,089
up €149,089 (+625%), from €23,847 to €172,936
of which Other amounts receivable: +€129,960
- Intangible fixed assets +€133,812
up €133,812 (+11,264%), from €1,188 to €135,000
- Deferred charges and accrued income +€3,453
up €3,453 (+2,844%), from €121 to €3,574
- Debts after one year +€223,549
new in 2025: €223,549
- Current portion of long-term debt +€23,068
new in 2025: €23,068
- Trade debts +€19,175
up €19,175 (+343%), from €5,585 to €24,760
- Tax, wage and social debts +€17,445
up €17,445 (+365%), from €4,786 to €22,230
of which Taxes: +€14,376
- Reserves +€10,288
up €10,288 (+49.8%), from €20,641 to €30,929
- Gross operating margin +€38,584
up €38,584 (+516%), from €7,477 to €46,060
- Depreciation +€15,175
up €15,175 (+969%), from €1,566 to €16,741
- Financial charges +€11,735
up €11,735 (+3,258%), from €360 to €12,095
- Staff costs +€3,361
new in 2025: €3,361
- Taxes +€2,847
up €2,847 (+278%), from €1,026 to €3,873
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 | €41,446 | €334,536 | +€293,090 | +707% |
| Fixed assets | 21/28 | €2,394 | €140,301 | +€137,907 | +5,761% |
| Intangible fixed assets | 21 | €1,188 | €135,000 | +€133,812 | +11,264% |
| Tangible fixed assets | 22/27 | €921 | €3,550 | +€2,629 | +286% |
| Plant, machinery and equipment | 23 | €921 | €542 | -€378 | -41.1% |
| Furniture and vehicles | 24 | - | €3,007 | +€3,007 | |
| Financial fixed assets | 28 | €285 | €1,751 | +€1,466 | +514% |
| Current assets | 29/58 | €39,053 | €194,235 | +€155,183 | +397% |
| Amounts receivable within one year | 40/41 | €23,847 | €172,936 | +€149,089 | +625% |
| Trade receivables | 40 | €10,490 | €29,619 | +€19,129 | +182% |
| Other amounts receivable | 41 | €13,357 | €143,318 | +€129,960 | +973% |
| Cash at bank and in hand | 54/58 | €15,084 | €17,725 | +€2,641 | +17.5% |
| Deferred charges and accrued income | 490/1 | €121 | €3,574 | +€3,453 | +2,844% |
| Total equity and liabilities | 10/49 | €41,446 | €334,536 | +€293,090 | +707% |
| Equity | 10/15 | €30,641 | €40,929 | +€10,288 | +33.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €20,641 | €30,929 | +€10,288 | +49.8% |
| Distributable reserves | 133 | €20,641 | €30,929 | +€10,288 | +49.8% |
| Amounts payable | 17/49 | €10,805 | €293,607 | +€282,802 | +2,617% |
| Amounts payable after more than one year | 17 | - | €223,549 | +€223,549 | |
| Financial debts | 170/4 | - | €223,549 | +€223,549 | |
| Amounts payable within one year | 42/48 | €10,805 | €70,058 | +€59,253 | +548% |
| Current portion of amounts payable after more than one year | 42 | - | €23,068 | +€23,068 | |
| Trade debts | 44 | €5,585 | €24,760 | +€19,175 | +343% |
| Suppliers | 440/4 | €5,585 | €24,760 | +€19,175 | +343% |
| Taxes, remuneration and social security | 45 | €4,786 | €22,230 | +€17,445 | +365% |
| Taxes | 450/3 | €4,786 | €19,162 | +€14,376 | +300% |
| Remuneration and social security | 454/9 | - | €3,068 | +€3,068 | |
| Other amounts payable | 47/48 | €434 | - | -€434 | |
| Remuneration, social security and pensions | 62 | - | €3,361 | +€3,361 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,566 | €16,741 | +€15,175 | +969% |
| Other operating charges | 640/8 | €2,934 | €120 | -€2,814 | -95.9% |
| Gross operating margin | 9900 | €7,477 | €46,060 | +€38,584 | +516% |
| Operating profit (loss) | 9901 | €2,976 | €25,838 | +€22,862 | +768% |
| Financial income | 75/76B | - | €417 | +€417 | |
| Recurring financial income | 75 | - | €417 | +€417 | |
| Financial charges | 65/66B | €360 | €12,095 | +€11,735 | +3,258% |
| Recurring financial charges | 65 | €360 | €12,095 | +€11,735 | +3,258% |
| Profit (loss) for the period before taxes | 9903 | €2,616 | €14,161 | +€11,545 | +441% |
| Income taxes | 67/77 | €1,026 | €3,873 | +€2,847 | +278% |
| Profit (loss) for the period | 9904 | €1,590 | €10,288 | +€8,698 | +547% |
| Profit (loss) for the period to be appropriated | 9905 | €1,590 | €10,288 | +€8,698 | +547% |
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 23 October 2026 via checked.be.