YAMACO: 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.
What changed
YAMACO
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€88,481
2024 · €30,646+€57,836
Equity
€2.1m
2024 · €2.0m+€88,481
Cash
€2,161
2024 · €2,054+€106
Balance sheet total
€3.5m
2024 · €3.5m-€52,730
Largest movements
Assets
- Receivables within one year -€45,498
down €45,498 (-11.0%), from €413,519 to €368,020
of which Other amounts receivable: -€96,548
Equity and liabilities
- Short-term financial debts -€200,003
down €200,003 (-27.8%), from €720,003 to €520,000
of which Credit institutions: -€200,000
- Reserves +€88,481
up €88,481 (+7.5%), from €1.2m to €1.3m
of which Distributable reserves: +€88,481
- Accrued charges and deferred income +€53,689
up €53,689 (+114%), from €47,293 to €100,982
Income statement
- Gross operating margin +€165,175
up €165,175 (+522%), from €31,626 to €196,801
- Financial charges +€76,008
up €76,008, from -€1,065 to €74,943
- Taxes +€28,868
up €28,868, from -€1 to €28,868
- Financial income -€3,068
down €3,068 (-29.4%), from €10,447 to €7,379
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.
Result 2024
€30,646
Gross operating margin
+€165,175
Depreciation
+€440
Other operating charges
+€165
Financial income
-€3,068
Financial charges
-€76,008
Taxes
-€28,868
Result 2025
€88,481
raises the resultlowers the result
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.
From operations
+€207,998
Investment
-€3,281
Financing
-€204,610
Cash 2024
€2,054
From operations (derived)
+€207,998
Net result for the year
+€88,481
Depreciation
+€10,680
Receivables within one year
+€45,498
Deferred charges and accrued income
-€61
Trade debts
-€8,132
Tax, wage and social debts
+€27,629
Other debts
-€9,786
Accrued charges and deferred income
+€53,689
Investment (derived)
-€3,281
Current investments
-€3,281
Financing
-€204,610
Debts after one year
-€4,747
Current portion of long-term debt
+€140
Short-term financial debts
-€200,003
Cash 2025
€2,161
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,505,246 | €3,452,516 | -€52,730 | -1.5% |
| Fixed assets | 21/28 | €2,611,102 | €2,600,421 | -€10,680 | -0.4% |
| Tangible fixed assets | 22/27 | €27,502 | €16,822 | -€10,680 | -38.8% |
| Plant, machinery and equipment | 23 | €9,821 | €6,284 | -€3,537 | -36.0% |
| Furniture and vehicles | 24 | €16,242 | €9,509 | -€6,733 | -41.5% |
| Other tangible fixed assets | 26 | €1,439 | €1,029 | -€410 | -28.5% |
| Financial fixed assets | 28 | €2,583,599 | €2,583,599 | = | 0.0% |
| Current assets | 29/58 | €894,144 | €852,095 | -€42,049 | -4.7% |
| Stocks and contracts in progress | 3 | €11,409 | €11,409 | = | 0.0% |
| Stocks | 30/36 | €11,409 | €11,409 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €413,519 | €368,020 | -€45,498 | -11.0% |
| Trade receivables | 40 | €100,000 | €151,050 | +€51,050 | +51.0% |
| Other amounts receivable | 41 | €313,519 | €216,971 | -€96,548 | -30.8% |
| Current investments | 50/53 | €466,440 | €469,721 | +€3,281 | +0.7% |
| Cash at bank and in hand | 54/58 | €2,054 | €2,161 | +€106 | +5.2% |
| Deferred charges and accrued income | 490/1 | €721 | €783 | +€61 | +8.5% |
| Total equity and liabilities | 10/49 | €3,505,246 | €3,452,516 | -€52,730 | -1.5% |
| Equity | 10/15 | €1,968,871 | €2,057,352 | +€88,481 | +4.5% |
| Contributions | 10/11 | €788,600 | €788,600 | = | 0.0% |
| Reserves | 13 | €1,180,271 | €1,268,752 | +€88,481 | +7.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,180,271 | €1,268,752 | +€88,481 | +7.5% |
| Amounts payable | 17/49 | €1,536,375 | €1,395,164 | -€141,211 | -9.2% |
| Amounts payable after more than one year | 17 | €9,225 | €4,478 | -€4,747 | -51.5% |
| Financial debts | 170/4 | €9,225 | €4,478 | -€4,747 | -51.5% |
| Amounts payable within one year | 42/48 | €1,479,857 | €1,289,704 | -€190,153 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €4,607 | €4,747 | +€140 | +3.0% |
| Financial debts | 43 | €720,003 | €520,000 | -€200,003 | -27.8% |
| Credit institutions | 430/8 | €720,000 | €520,000 | -€200,000 | -27.8% |
| Other loans | 439 | €3 | €0 | -€3 | -100% |
| Trade debts | 44 | €10,591 | €2,460 | -€8,132 | -76.8% |
| Suppliers | 440/4 | €10,591 | €2,460 | -€8,132 | -76.8% |
| Taxes, remuneration and social security | 45 | €300 | €27,929 | +€27,629 | +9,210% |
| Taxes | 450/3 | €300 | €27,929 | +€27,629 | +9,210% |
| Other amounts payable | 47/48 | €744,355 | €734,569 | -€9,786 | -1.3% |
| Accrued charges and deferred income | 492/3 | €47,293 | €100,982 | +€53,689 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,120 | €10,680 | -€440 | -4.0% |
| Other operating charges | 640/8 | €1,373 | €1,208 | -€165 | -12.0% |
| Gross operating margin | 9900 | €31,626 | €196,801 | +€165,175 | +522% |
| Operating profit (loss) | 9901 | €19,133 | €184,913 | +€165,780 | +866% |
| Financial income | 75/76B | €10,447 | €7,379 | -€3,068 | -29.4% |
| Recurring financial income | 75 | €10,447 | €7,379 | -€3,068 | -29.4% |
| Financial charges | 65/66B | -€1,065 | €74,943 | +€76,008 | |
| Recurring financial charges | 65 | -€1,065 | €74,943 | +€76,008 | |
| Profit (loss) for the period before taxes | 9903 | €30,645 | €117,349 | +€86,704 | +283% |
| Income taxes | 67/77 | -€1 | €28,868 | +€28,868 | |
| Profit (loss) for the period | 9904 | €30,646 | €88,481 | +€57,836 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €30,646 | €88,481 | +€57,836 | +189% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.