Yamasaki: 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.
Yamasaki
Largest movements
- Cash +€129,978
up €129,978 (+369%), from €35,251 to €165,229
mainly Other debts (+€193,551) and Net result for the year (+€147,235)
- Receivables within one year -€37,940
down €37,940 (-22.1%), from €171,821 to €133,882
of which Other amounts receivable: -€27,826
- Current investments -€25,802
down €25,802 (-9.6%), from €268,783 to €242,980
- Other debts +€193,551
up €193,551 (+2,759%), from €7,016 to €200,567
- Profit (loss) carried forward -€122,893
down €122,893 (-53.9%), from €228,028 to €105,135
- Tax, wage and social debts -€61,782
down €61,782 (-56.5%), from €109,264 to €47,482
- Reserves +€42,100
up €42,100 (+19.4%), from €217,100 to €259,200
of which Tax-exempt reserves: +€42,100
- Accrued charges and deferred income +€10,000
new in 2025: €10,000
- Gross operating margin -€23,588
down €23,588 (-11.5%), from €204,328 to €180,740
- Depreciation -€9,812
down €9,812 (-76.1%), from €12,892 to €3,081
- Financial income +€5,834
up €5,834 (+72.8%), from €8,014 to €13,848
- Taxes -€5,795
down €5,795 (-12.0%), from €48,432 to €42,636
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 | €565,481 | €630,205 | +€64,724 | +11.4% |
| Fixed assets | 21/28 | €89,626 | €86,545 | -€3,081 | -3.4% |
| Tangible fixed assets | 22/27 | €50,526 | €47,446 | -€3,081 | -6.1% |
| Land and buildings | 22 | €47,890 | €46,190 | -€1,700 | -3.5% |
| Plant, machinery and equipment | 23 | €527 | €28 | -€500 | -94.8% |
| Furniture and vehicles | 24 | €2,109 | €1,228 | -€881 | -41.8% |
| Financial fixed assets | 28 | €39,099 | €39,099 | = | 0.0% |
| Current assets | 29/58 | €475,855 | €543,660 | +€67,805 | +14.2% |
| Amounts receivable within one year | 40/41 | €171,821 | €133,882 | -€37,940 | -22.1% |
| Trade receivables | 40 | €110,782 | €100,668 | -€10,113 | -9.1% |
| Other amounts receivable | 41 | €61,039 | €33,213 | -€27,826 | -45.6% |
| Current investments | 50/53 | €268,783 | €242,980 | -€25,802 | -9.6% |
| Cash at bank and in hand | 54/58 | €35,251 | €165,229 | +€129,978 | +369% |
| Deferred charges and accrued income | 490/1 | - | €1,569 | +€1,569 | |
| Total equity and liabilities | 10/49 | €565,481 | €630,205 | +€64,724 | +11.4% |
| Equity | 10/15 | €449,128 | €368,335 | -€80,793 | -18.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €217,100 | €259,200 | +€42,100 | +19.4% |
| Tax-exempt reserves | 132 | €42,100 | €84,200 | +€42,100 | +100% |
| Distributable reserves | 133 | €175,000 | €175,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €228,028 | €105,135 | -€122,893 | -53.9% |
| Amounts payable | 17/49 | €116,352 | €261,870 | +€145,518 | +125% |
| Amounts payable after more than one year | 17 | €65 | €65 | = | 0.0% |
| Other amounts payable | 178/9 | €65 | €65 | = | 0.0% |
| Amounts payable within one year | 42/48 | €116,287 | €251,805 | +€135,518 | +117% |
| Trade debts | 44 | €7 | €3,755 | +€3,748 | +54,325% |
| Suppliers | 440/4 | €7 | €3,755 | +€3,748 | +54,325% |
| Taxes, remuneration and social security | 45 | €109,264 | €47,482 | -€61,782 | -56.5% |
| Taxes | 450/3 | €109,264 | €47,482 | -€61,782 | -56.5% |
| Other amounts payable | 47/48 | €7,016 | €200,567 | +€193,551 | +2,759% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,892 | €3,081 | -€9,812 | -76.1% |
| Other operating charges | 640/8 | €398 | €512 | +€114 | +28.5% |
| Gross operating margin | 9900 | €204,328 | €180,740 | -€23,588 | -11.5% |
| Operating profit (loss) | 9901 | €191,037 | €177,147 | -€13,890 | -7.3% |
| Financial income | 75/76B | €8,014 | €13,848 | +€5,834 | +72.8% |
| Recurring financial income | 75 | €8,014 | €13,848 | +€5,834 | +72.8% |
| Financial charges | 65/66B | €1,293 | €1,123 | -€170 | -13.1% |
| Recurring financial charges | 65 | €1,293 | €1,123 | -€170 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €197,758 | €189,872 | -€7,886 | -4.0% |
| Income taxes | 67/77 | €48,432 | €42,636 | -€5,795 | -12.0% |
| Profit (loss) for the period | 9904 | €149,326 | €147,235 | -€2,091 | -1.4% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €42,100 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,226 | €105,135 | -€2,091 | -2.0% |
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 24 October 2026 via checked.be.