Yama 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.
Yama Management
Largest movements
- Receivables after one year +€60,000
up €60,000, from €0 to €60,000
of which Trade receivables: +€60,000
- Cash -€54,815
down €54,815 (-54.4%), from €100,728 to €45,913
mainly Contributions, distributions and other (-€85,000) and Receivables after one year (-€60,000)
- Other debts +€68,368
up €68,368 (+769%), from €8,887 to €77,255
- Reserves -€53,220
down €53,220 (-49.2%), from €108,132 to €54,912
- Short-term financial debts -€4,436
down €4,436 (-92.0%), from €4,819 to €383
- Tax, wage and social debts -€4,079
down €4,079 (-21.0%), from €19,380 to €15,302
- Trade debts -€1,843
down €1,843 (-24.1%), from €7,658 to €5,815
- Gross operating margin +€12,304
up €12,304 (+35.9%), from €34,294 to €46,598
- Depreciation -€5,523
down €5,523 (-70.9%), from €7,790 to €2,267
- Taxes +€4,354
up €4,354 (+59.6%), from €7,304 to €11,658
- Other operating charges -€2,313
down €2,313 (-74.9%), from €3,088 to €774
- Financial charges -€1,041
down €1,041 (-87.5%), from €1,189 to €149
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 | €164,707 | €169,497 | +€4,790 | +2.9% |
| Fixed assets | 21/28 | €8,804 | €7,522 | -€1,282 | -14.6% |
| Tangible fixed assets | 22/27 | €8,804 | €7,522 | -€1,282 | -14.6% |
| Furniture and vehicles | 24 | €816 | €968 | +€152 | +18.6% |
| Other tangible fixed assets | 26 | €7,988 | €6,555 | -€1,433 | -17.9% |
| Current assets | 29/58 | €155,903 | €161,974 | +€6,071 | +3.9% |
| Amounts receivable after more than one year | 29 | €0 | €60,000 | +€60,000 | |
| Trade receivables | 290 | - | €60,000 | +€60,000 | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €52,888 | €53,791 | +€904 | +1.7% |
| Trade receivables | 40 | €12,459 | €0 | -€12,459 | -100% |
| Other amounts receivable | 41 | €40,429 | €53,791 | +€13,362 | +33.1% |
| Cash at bank and in hand | 54/58 | €100,728 | €45,913 | -€54,815 | -54.4% |
| Deferred charges and accrued income | 490/1 | €2,288 | €2,270 | -€17 | -0.8% |
| Total equity and liabilities | 10/49 | €164,707 | €169,497 | +€4,790 | +2.9% |
| Equity | 10/15 | €108,232 | €55,012 | -€53,220 | -49.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €108,132 | €54,912 | -€53,220 | -49.2% |
| Distributable reserves | 133 | €108,132 | €54,912 | -€53,220 | -49.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €56,475 | €114,485 | +€58,010 | +103% |
| Amounts payable within one year | 42/48 | €56,475 | €114,485 | +€58,010 | +103% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €4,819 | €383 | -€4,436 | -92.0% |
| Credit institutions | 430/8 | €4,819 | €383 | -€4,436 | -92.0% |
| Trade debts | 44 | €7,658 | €5,815 | -€1,843 | -24.1% |
| Suppliers | 440/4 | €7,658 | €5,815 | -€1,843 | -24.1% |
| Advances received on contracts in progress | 46 | €15,730 | €15,730 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €19,380 | €15,302 | -€4,079 | -21.0% |
| Taxes | 450/3 | €19,380 | €15,302 | -€4,079 | -21.0% |
| Other amounts payable | 47/48 | €8,887 | €77,255 | +€68,368 | +769% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,790 | €2,267 | -€5,523 | -70.9% |
| Other operating charges | 640/8 | €3,088 | €774 | -€2,313 | -74.9% |
| Gross operating margin | 9900 | €34,294 | €46,598 | +€12,304 | +35.9% |
| Operating profit (loss) | 9901 | €23,416 | €43,557 | +€20,141 | +86.0% |
| Financial income | 75/76B | €135 | €29 | -€106 | -78.3% |
| Recurring financial income | 75 | €135 | €29 | -€106 | -78.3% |
| Financial charges | 65/66B | €1,189 | €149 | -€1,041 | -87.5% |
| Recurring financial charges | 65 | €1,189 | €149 | -€1,041 | -87.5% |
| Profit (loss) for the period before taxes | 9903 | €22,362 | €43,437 | +€21,075 | +94.2% |
| Income taxes | 67/77 | €7,304 | €11,658 | +€4,354 | +59.6% |
| Profit (loss) for the period | 9904 | €15,058 | €31,780 | +€16,722 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €15,058 | €31,780 | +€16,722 | +111% |
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.