YAMAH: 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.
YAMAH
Largest movements
- Receivables within one year +€61,297
up €61,297 (+235%), from €26,107 to €87,403
of which Other amounts receivable: +€70,205
- Cash -€47,957
down €47,957 (-62.8%), from €76,422 to €28,465
mainly Receivables within one year (-€61,297) and Trade debts (-€7,859)
- Tax, wage and social debts +€12,993
up €12,993 (+51.9%), from €25,053 to €38,047
of which Remuneration and social security: +€8,783
- Profit (loss) carried forward +€8,977
up €8,977 (+18.5%), from €48,621 to €57,598
- Trade debts -€7,859
down €7,859 (-47.7%), from €16,489 to €8,630
- Gross operating margin -€16,107
down €16,107 (-11.3%), from €142,324 to €126,217
- Staff costs +€7,933
up €7,933 (+7.8%), from €102,215 to €110,147
- Taxes -€6,458
down €6,458 (-72.2%), from €8,942 to €2,484
- Financial income +€1,910
up €1,910 (+284%), from €672 to €2,582
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 | €108,240 | €122,878 | +€14,638 | +13.5% |
| Fixed assets | 21/28 | €3,922 | €4,932 | +€1,010 | +25.8% |
| Tangible fixed assets | 22/27 | €1,222 | €2,232 | +€1,010 | +82.7% |
| Plant, machinery and equipment | 23 | €1,222 | €222 | -€1,000 | -81.8% |
| Furniture and vehicles | 24 | - | €2,010 | +€2,010 | |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €104,318 | €117,945 | +€13,628 | +13.1% |
| Stocks and contracts in progress | 3 | €1,789 | €2,077 | +€288 | +16.1% |
| Stocks | 30/36 | €1,789 | €2,077 | +€288 | +16.1% |
| Amounts receivable within one year | 40/41 | €26,107 | €87,403 | +€61,297 | +235% |
| Trade receivables | 40 | €8,908 | - | -€8,908 | |
| Other amounts receivable | 41 | €17,198 | €87,403 | +€70,205 | +408% |
| Cash at bank and in hand | 54/58 | €76,422 | €28,465 | -€47,957 | -62.8% |
| Total equity and liabilities | 10/49 | €108,240 | €122,878 | +€14,638 | +13.5% |
| Equity | 10/15 | €66,698 | €75,674 | +€8,977 | +13.5% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Contributions outside capital | 11 | €16,200 | €16,200 | = | 0.0% |
| Other | 1109/19 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €1,876 | €1,876 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,876 | €1,876 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,876 | €1,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,621 | €57,598 | +€8,977 | +18.5% |
| Amounts payable | 17/49 | €41,542 | €47,204 | +€5,662 | +13.6% |
| Amounts payable within one year | 42/48 | €41,542 | €46,677 | +€5,135 | +12.4% |
| Trade debts | 44 | €16,489 | €8,630 | -€7,859 | -47.7% |
| Suppliers | 440/4 | €16,489 | €8,630 | -€7,859 | -47.7% |
| Taxes, remuneration and social security | 45 | €25,053 | €38,047 | +€12,993 | +51.9% |
| Taxes | 450/3 | €16,425 | €20,635 | +€4,210 | +25.6% |
| Remuneration and social security | 454/9 | €8,628 | €17,411 | +€8,783 | +102% |
| Accrued charges and deferred income | 492/3 | - | €527 | +€527 | |
| Remuneration, social security and pensions | 62 | €102,215 | €110,147 | +€7,933 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,605 | +€605 | +60.5% |
| Other operating charges | 640/8 | €1,321 | €1,764 | +€443 | +33.5% |
| Gross operating margin | 9900 | €142,324 | €126,217 | -€16,107 | -11.3% |
| Operating profit (loss) | 9901 | €37,789 | €12,701 | -€25,087 | -66.4% |
| Financial income | 75/76B | €672 | €2,582 | +€1,910 | +284% |
| Recurring financial income | 75 | €672 | €2,582 | +€1,910 | +284% |
| Financial charges | 65/66B | €3,250 | €3,823 | +€573 | +17.6% |
| Recurring financial charges | 65 | €3,250 | €3,823 | +€573 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €35,211 | €11,461 | -€23,750 | -67.5% |
| Income taxes | 67/77 | €8,942 | €2,484 | -€6,458 | -72.2% |
| Profit (loss) for the period | 9904 | €26,268 | €8,977 | -€17,292 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,268 | €8,977 | -€17,292 | -65.8% |
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 19 October 2026 via checked.be.