YAMAC: 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.
YAMAC
Largest movements
- Tangible fixed assets +€42,082
up €42,082 (+140.4%), from €29,973 to €72,055
of which Land and buildings: +€50,180
- Cash -€34,525
down €34,525 (-90.5%), from €38,166 to €3,641
mainly Investment in fixed assets (net) (-€57,405) and Tax, wage and social debts (-€9,757)
- Receivables within one year -€6,760
down €6,760 (-55.6%), from €12,157 to €5,396
of which Other amounts receivable: -€4,981
- Tax, wage and social debts -€9,757
down €9,757 (-61.3%), from €15,922 to €6,165
- Current portion of long-term debt +€8,429
new in 2025: €8,429
- Profit (loss) carried forward +€1,237
up €1,237 (+2.1%), from €59,992 to €61,229
- Trade debts +€1,203
up €1,203 (+87.1%), from €1,381 to €2,584
- Gross operating margin -€14,550
down €14,550 (-38.3%), from €37,953 to €23,403
- Depreciation +€7,412
up €7,412 (+93.7%), from €7,910 to €15,323
- Taxes -€5,507
down €5,507 (-83.7%), from €6,579 to €1,072
- Financial charges +€3,594
up €3,594 (+158.3%), from €2,270 to €5,863
- Financial income -€2,895
down €2,895 (-91.1%), from €3,177 to €282
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.
Cash bridge derived
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 | €80,295 | €81,419 | +€1,124 | +1.4% |
| Fixed assets | 21/28 | €29,973 | €72,055 | +€42,082 | +140.4% |
| Tangible fixed assets | 22/27 | €29,973 | €72,055 | +€42,082 | +140.4% |
| Land and buildings | 22 | - | €50,180 | +€50,180 | |
| Furniture and vehicles | 24 | €29,973 | €21,875 | -€8,098 | -27.0% |
| Current assets | 29/58 | €50,322 | €9,364 | -€40,959 | -81.4% |
| Amounts receivable within one year | 40/41 | €12,157 | €5,396 | -€6,760 | -55.6% |
| Trade receivables | 40 | €6,041 | €4,262 | -€1,780 | -29.5% |
| Other amounts receivable | 41 | €6,116 | €1,135 | -€4,981 | -81.4% |
| Cash at bank and in hand | 54/58 | €38,166 | €3,641 | -€34,525 | -90.5% |
| Deferred charges and accrued income | 490/1 | - | €326 | +€326 | |
| Total equity and liabilities | 10/49 | €80,295 | €81,419 | +€1,124 | +1.4% |
| Equity | 10/15 | €62,992 | €64,229 | +€1,237 | +2.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,992 | €61,229 | +€1,237 | +2.1% |
| Amounts payable | 17/49 | €17,303 | €17,190 | -€114 | -0.7% |
| Amounts payable within one year | 42/48 | €17,303 | €17,190 | -€114 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | - | €8,429 | +€8,429 | |
| Trade debts | 44 | €1,381 | €2,584 | +€1,203 | +87.1% |
| Suppliers | 440/4 | €1,381 | €2,584 | +€1,203 | +87.1% |
| Taxes, remuneration and social security | 45 | €15,922 | €6,165 | -€9,757 | -61.3% |
| Taxes | 450/3 | €15,922 | €6,165 | -€9,757 | -61.3% |
| Other amounts payable | 47/48 | - | €12 | +€12 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €21 | - | -€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,910 | €15,323 | +€7,412 | +93.7% |
| Other operating charges | 640/8 | €285 | €190 | -€94 | -33.2% |
| Gross operating margin | 9900 | €37,953 | €23,403 | -€14,550 | -38.3% |
| Operating profit (loss) | 9901 | €29,737 | €7,890 | -€21,847 | -73.5% |
| Financial income | 75/76B | €3,177 | €282 | -€2,895 | -91.1% |
| Recurring financial income | 75 | €3,177 | €282 | -€2,895 | -91.1% |
| Financial charges | 65/66B | €2,270 | €5,863 | +€3,594 | +158.3% |
| Recurring financial charges | 65 | €2,270 | €5,863 | +€3,594 | +158.3% |
| Profit (loss) for the period before taxes | 9903 | €30,645 | €2,309 | -€28,336 | -92.5% |
| Income taxes | 67/77 | €6,579 | €1,072 | -€5,507 | -83.7% |
| Profit (loss) for the period | 9904 | €24,066 | €1,237 | -€22,828 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,066 | €1,237 | -€22,828 | -94.9% |
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 9 October 2026 via checked.be.