Y-MIND: 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-MIND
Largest movements
- Tangible fixed assets -€42,852
down €42,852 (-9.8%), from €435,443 to €392,591
of which Plant, machinery and equipment: -€27,774
- Receivables within one year +€32,046
up €32,046 (+36.9%), from €86,796 to €118,843
of which Trade receivables: +€16,497
- Current portion of long-term debt -€50,047
down €50,047 (-59.1%), from €84,698 to €34,651
- Trade debts -€44,654
down €44,654 (-70.8%), from €63,034 to €18,380
- Debts after one year +€30,493
up €30,493 (+3.1%), from €974,883 to €1.0m
- Tax, wage and social debts +€18,023
up €18,023 (+298%), from €6,042 to €24,065
of which Remuneration and social security: +€11,003
- Short-term financial debts +€15,510
up €15,510 (+142%), from €10,914 to €26,424
- Gross operating margin +€147,287
up €147,287 (+130%), from €113,699 to €260,986
- Staff costs +€119,103
up €119,103 (+187%), from €63,595 to €182,699
- Financial income +€13,899
up €13,899 (+662%), from €2,101 to €16,000
- Financial charges +€11,326
up €11,326 (+49.1%), from €23,089 to €34,414
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,159,695 | €1,148,866 | -€10,829 | -0.9% |
| Fixed assets | 21/28 | €1,054,467 | €1,010,775 | -€43,692 | -4.1% |
| Intangible fixed assets | 21 | €1,316 | €477 | -€840 | -63.8% |
| Tangible fixed assets | 22/27 | €435,443 | €392,591 | -€42,852 | -9.8% |
| Land and buildings | 22 | €303,893 | €293,262 | -€10,632 | -3.5% |
| Plant, machinery and equipment | 23 | €110,922 | €83,148 | -€27,774 | -25.0% |
| Leasing and similar rights | 25 | €20,628 | €16,182 | -€4,446 | -21.6% |
| Financial fixed assets | 28 | €617,708 | €617,708 | = | 0.0% |
| Current assets | 29/58 | €105,228 | €138,090 | +€32,863 | +31.2% |
| Amounts receivable within one year | 40/41 | €86,796 | €118,843 | +€32,046 | +36.9% |
| Trade receivables | 40 | €65,398 | €81,895 | +€16,497 | +25.2% |
| Other amounts receivable | 41 | €21,399 | €36,947 | +€15,549 | +72.7% |
| Deferred charges and accrued income | 490/1 | €18,431 | €19,248 | +€817 | +4.4% |
| Total equity and liabilities | 10/49 | €1,159,695 | €1,148,866 | -€10,829 | -0.9% |
| Equity | 10/15 | €4,960 | €10,910 | +€5,951 | +120% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €10,042 | €10,042 | = | 0.0% |
| Distributable reserves | 133 | €10,042 | €10,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,082 | -€14,131 | +€5,951 | +29.6% |
| Amounts payable | 17/49 | €1,154,735 | €1,137,955 | -€16,779 | -1.5% |
| Amounts payable after more than one year | 17 | €974,883 | €1,005,376 | +€30,493 | +3.1% |
| Financial debts | 170/4 | €974,883 | €1,005,376 | +€30,493 | +3.1% |
| Amounts payable within one year | 42/48 | €164,688 | €110,569 | -€54,119 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €84,698 | €34,651 | -€50,047 | -59.1% |
| Financial debts | 43 | €10,914 | €26,424 | +€15,510 | +142% |
| Credit institutions | 430/8 | €10,914 | €26,424 | +€15,510 | +142% |
| Trade debts | 44 | €63,034 | €18,380 | -€44,654 | -70.8% |
| Suppliers | 440/4 | €63,034 | €18,380 | -€44,654 | -70.8% |
| Taxes, remuneration and social security | 45 | €6,042 | €24,065 | +€18,023 | +298% |
| Taxes | 450/3 | €1,590 | €8,610 | +€7,020 | +441% |
| Remuneration and social security | 454/9 | €4,452 | €15,455 | +€11,003 | +247% |
| Other amounts payable | 47/48 | - | €7,050 | +€7,050 | |
| Accrued charges and deferred income | 492/3 | €15,164 | €22,010 | +€6,846 | +45.1% |
| Remuneration, social security and pensions | 62 | €63,595 | €182,699 | +€119,103 | +187% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,275 | €49,860 | +€2,585 | +5.5% |
| Other operating charges | 640/8 | €1,922 | €4,062 | +€2,140 | +111% |
| Gross operating margin | 9900 | €113,699 | €260,986 | +€147,287 | +130% |
| Operating profit (loss) | 9901 | €906 | €24,365 | +€23,459 | +2,589% |
| Financial income | 75/76B | €2,101 | €16,000 | +€13,899 | +662% |
| Recurring financial income | 75 | €2,101 | €16,000 | +€13,899 | +662% |
| Financial charges | 65/66B | €23,089 | €34,414 | +€11,326 | +49.1% |
| Recurring financial charges | 65 | €23,089 | €34,414 | +€11,326 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,082 | €5,951 | +€26,032 | |
| Profit (loss) for the period | 9904 | -€20,082 | €5,951 | +€26,032 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,082 | €5,951 | +€26,032 |
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 14 October 2026 via checked.be.