YALEMY: 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.
YALEMY
Largest movements
- Stocks and contracts -€39,182
down €39,182 (-19.3%), from €202,597 to €163,415
- Receivables within one year -€30,092
down €30,092 (-70.1%), from €42,907 to €12,815
of which Other amounts receivable: -€30,066
- Cash -€28,082
down €28,082 (-24.1%), from €116,319 to €88,236
mainly Net result for the year (-€54,737) and Tax, wage and social debts (-€27,473)
- Deferred charges and accrued income +€20,776
up €20,776 (+805%), from €2,582 to €23,358
- Tangible fixed assets +€7,342
up €7,342 (+78.1%), from €9,403 to €16,745
of which Furniture and vehicles: +€8,504
- Profit (loss) carried forward -€54,737
new in 2025: -€54,737
- Tax, wage and social debts -€27,473
down €27,473 (-43.8%), from €62,775 to €35,302
of which Taxes: -€19,180
- Accrued charges and deferred income +€13,400
new in 2025: €13,400
- Other debts +€4,681
up €4,681 (+6.1%), from €76,982 to €81,663
- Gross operating margin -€116,130
down €116,130 (-61.2%), from €189,673 to €73,543
- Staff costs -€19,813
down €19,813 (-14.8%), from €133,558 to €113,745
- Taxes -€12,655
down €12,655 (-97.3%), from €13,002 to €347
- Other operating charges -€4,489
down €4,489 (-78.9%), from €5,690 to €1,201
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 | €384,907 | €319,419 | -€65,488 | -17.0% |
| Fixed assets | 21/28 | €20,503 | €31,595 | +€11,092 | +54.1% |
| Tangible fixed assets | 22/27 | €9,403 | €16,745 | +€7,342 | +78.1% |
| Plant, machinery and equipment | 23 | €1,707 | €545 | -€1,163 | -68.1% |
| Furniture and vehicles | 24 | €7,696 | €16,200 | +€8,504 | +111% |
| Financial fixed assets | 28 | €11,100 | €14,850 | +€3,750 | +33.8% |
| Current assets | 29/58 | €364,404 | €287,824 | -€76,580 | -21.0% |
| Stocks and contracts in progress | 3 | €202,597 | €163,415 | -€39,182 | -19.3% |
| Stocks | 30/36 | €202,597 | €163,415 | -€39,182 | -19.3% |
| Amounts receivable within one year | 40/41 | €42,907 | €12,815 | -€30,092 | -70.1% |
| Trade receivables | 40 | €3,051 | €3,025 | -€26 | -0.8% |
| Other amounts receivable | 41 | €39,856 | €9,790 | -€30,066 | -75.4% |
| Cash at bank and in hand | 54/58 | €116,319 | €88,236 | -€28,082 | -24.1% |
| Deferred charges and accrued income | 490/1 | €2,582 | €23,358 | +€20,776 | +805% |
| Total equity and liabilities | 10/49 | €384,907 | €319,419 | -€65,488 | -17.0% |
| Equity | 10/15 | €199,281 | €144,543 | -€54,737 | -27.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €180,681 | €180,681 | = | 0.0% |
| Distributable reserves | 133 | €180,681 | €180,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€54,737 | -€54,737 | |
| Amounts payable | 17/49 | €185,626 | €174,876 | -€10,751 | -5.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €185,626 | €161,476 | -€24,151 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €1,726 | €0 | -€1,726 | -100% |
| Trade debts | 44 | €44,142 | €44,511 | +€369 | +0.8% |
| Suppliers | 440/4 | €44,142 | €44,511 | +€369 | +0.8% |
| Taxes, remuneration and social security | 45 | €62,775 | €35,302 | -€27,473 | -43.8% |
| Taxes | 450/3 | €38,091 | €18,911 | -€19,180 | -50.4% |
| Remuneration and social security | 454/9 | €24,684 | €16,391 | -€8,293 | -33.6% |
| Other amounts payable | 47/48 | €76,982 | €81,663 | +€4,681 | +6.1% |
| Accrued charges and deferred income | 492/3 | - | €13,400 | +€13,400 | |
| Remuneration, social security and pensions | 62 | €133,558 | €113,745 | -€19,813 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,802 | €5,067 | +€265 | +5.5% |
| Other operating charges | 640/8 | €5,690 | €1,201 | -€4,489 | -78.9% |
| Gross operating margin | 9900 | €189,673 | €73,543 | -€116,130 | -61.2% |
| Operating profit (loss) | 9901 | €45,623 | -€46,471 | -€92,093 | |
| Financial income | 75/76B | €239 | €1 | -€238 | -99.5% |
| Recurring financial income | 75 | €239 | €1 | -€238 | -99.5% |
| Financial charges | 65/66B | €8,027 | €7,920 | -€107 | -1.3% |
| Recurring financial charges | 65 | €8,027 | €7,920 | -€107 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €37,834 | -€54,390 | -€92,224 | |
| Income taxes | 67/77 | €13,002 | €347 | -€12,655 | -97.3% |
| Profit (loss) for the period | 9904 | €24,832 | -€54,737 | -€79,569 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,832 | -€54,737 | -€79,569 |
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 20 October 2026 via checked.be.