Y.M.T.: what changed
Y.M.T.
Largest movements
- Receivables within one year +€15,684
up €15,684 (+35.8%), from €43,818 to €59,502
of which Trade receivables: +€8,164
- Tangible fixed assets -€14,805
down €14,805 (-23.9%), from €61,981 to €47,176
of which Furniture and vehicles: -€14,542
- Cash +€9,553
up €9,553 (+64.2%), from €14,878 to €24,432
mainly Net result for the year (+€33,721) and Depreciation (+€16,605)
- Deferred charges and accrued income -€4,030
down €4,030 (-70.4%), from €5,725 to €1,695
- Other debts +€13,367
up €13,367 (+68.1%), from €19,633 to €33,000
- Current portion of long-term debt -€6,300
down €6,300 (-92.3%), from €6,829 to €528
- Tax, wage and social debts -€2,541
down €2,541 (-74.9%), from €3,395 to €853
- Gross operating margin +€11,673
up €11,673 (+29.4%), from €39,713 to €51,386
- Depreciation -€4,538
down €4,538 (-21.5%), from €21,142 to €16,605
- Other operating charges -€887
down €887 (-51.3%), from €1,729 to €843
- Financial charges -€698
down €698 (-50.5%), from €1,382 to €685
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,402 | €132,804 | +€6,402 | +5.1% |
| Fixed assets | 21/28 | €61,981 | €47,176 | -€14,805 | -23.9% |
| Tangible fixed assets | 22/27 | €61,981 | €47,176 | -€14,805 | -23.9% |
| Plant, machinery and equipment | 23 | €414 | €151 | -€262 | -63.5% |
| Furniture and vehicles | 24 | €61,568 | €47,025 | -€14,542 | -23.6% |
| Current assets | 29/58 | €64,421 | €85,628 | +€21,207 | +32.9% |
| Amounts receivable within one year | 40/41 | €43,818 | €59,502 | +€15,684 | +35.8% |
| Trade receivables | 40 | €8,516 | €16,680 | +€8,164 | +95.9% |
| Other amounts receivable | 41 | €35,301 | €42,821 | +€7,520 | +21.3% |
| Cash at bank and in hand | 54/58 | €14,878 | €24,432 | +€9,553 | +64.2% |
| Deferred charges and accrued income | 490/1 | €5,725 | €1,695 | -€4,030 | -70.4% |
| Total equity and liabilities | 10/49 | €126,402 | €132,804 | +€6,402 | +5.1% |
| Equity | 10/15 | €90,139 | €90,860 | +€721 | +0.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €70,139 | €70,860 | +€721 | +1.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €68,139 | €68,860 | +€721 | +1.1% |
| Amounts payable | 17/49 | €36,263 | €41,944 | +€5,681 | +15.7% |
| Amounts payable within one year | 42/48 | €36,110 | €41,940 | +€5,830 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €6,829 | €528 | -€6,300 | -92.3% |
| Trade debts | 44 | €6,253 | €7,038 | +€785 | +12.6% |
| Suppliers | 440/4 | €6,253 | €7,038 | +€785 | +12.6% |
| Advances received on contracts in progress | 46 | - | €520 | +€520 | |
| Taxes, remuneration and social security | 45 | €3,395 | €853 | -€2,541 | -74.9% |
| Taxes | 450/3 | €3,395 | €853 | -€2,541 | -74.9% |
| Other amounts payable | 47/48 | €19,633 | €33,000 | +€13,367 | +68.1% |
| Accrued charges and deferred income | 492/3 | €153 | €4 | -€149 | -97.2% |
| Remuneration, social security and pensions | 62 | - | €83 | +€83 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,142 | €16,605 | -€4,538 | -21.5% |
| Other operating charges | 640/8 | €1,729 | €843 | -€887 | -51.3% |
| Gross operating margin | 9900 | €39,713 | €51,386 | +€11,673 | +29.4% |
| Operating profit (loss) | 9901 | €16,841 | €33,855 | +€17,015 | +101% |
| Financial income | 75/76B | €1,207 | €1,160 | -€48 | -4.0% |
| Recurring financial income | 75 | €1,207 | €1,160 | -€48 | -4.0% |
| Financial charges | 65/66B | €1,382 | €685 | -€698 | -50.5% |
| Recurring financial charges | 65 | €1,382 | €685 | -€698 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | €16,666 | €34,330 | +€17,665 | +106% |
| Income taxes | 67/77 | €955 | €609 | -€346 | -36.2% |
| Profit (loss) for the period | 9904 | €15,711 | €33,721 | +€18,010 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €15,711 | €33,721 | +€18,010 | +115% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.