YAMO: 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.
YAMO
Largest movements
- Financial fixed assets +€81,767
up €81,767 (+90.9%), from €90,000 to €171,767
- Receivables within one year +€19,902
up €19,902 (+80.7%), from €24,654 to €44,556
of which Trade receivables: +€14,492
- Cash +€7,828
up €7,828 (+26.5%), from €29,497 to €37,325
mainly Debts after one year (+€69,878) and Other debts (+€64,596)
- Tangible fixed assets +€5,521
up €5,521 (+14.7%), from €37,457 to €42,977
of which Furniture and vehicles: +€4,398
- Debts after one year +€69,878
up €69,878 (+257%), from €27,230 to €97,108
- Other debts +€64,596
up €64,596 (+305%), from €21,154 to €85,749
- Reserves -€28,448
down €28,448 (-36.3%), from €78,391 to €49,943
- Current portion of long-term debt +€20,902
up €20,902 (+134%), from €15,548 to €36,451
- Tax, wage and social debts -€11,648
down €11,648 (-70.4%), from €16,554 to €4,906
of which Taxes: -€10,648
- Financial income +€28,909
new in 2025: €28,909
- Gross operating margin -€16,701
down €16,701 (-30.1%), from €55,521 to €38,819
- Depreciation -€9,217
down €9,217 (-89.5%), from €10,296 to €1,079
- Taxes -€4,374
down €4,374 (-38.5%), from €11,363 to €6,989
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 | €182,354 | €297,354 | +€115,000 | +63.1% |
| Fixed assets | 21/28 | €127,457 | €214,744 | +€87,287 | +68.5% |
| Tangible fixed assets | 22/27 | €37,457 | €42,977 | +€5,521 | +14.7% |
| Plant, machinery and equipment | 23 | - | €1,122 | +€1,122 | |
| Furniture and vehicles | 24 | €37,457 | €41,855 | +€4,398 | +11.7% |
| Financial fixed assets | 28 | €90,000 | €171,767 | +€81,767 | +90.9% |
| Current assets | 29/58 | €54,897 | €82,611 | +€27,713 | +50.5% |
| Amounts receivable within one year | 40/41 | €24,654 | €44,556 | +€19,902 | +80.7% |
| Trade receivables | 40 | €24,470 | €38,962 | +€14,492 | +59.2% |
| Other amounts receivable | 41 | €184 | €5,594 | +€5,410 | +2,948% |
| Cash at bank and in hand | 54/58 | €29,497 | €37,325 | +€7,828 | +26.5% |
| Deferred charges and accrued income | 490/1 | €747 | €730 | -€17 | -2.2% |
| Total equity and liabilities | 10/49 | €182,354 | €297,354 | +€115,000 | +63.1% |
| Equity | 10/15 | €98,391 | €69,943 | -€28,448 | -28.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €78,391 | €49,943 | -€28,448 | -36.3% |
| Distributable reserves | 133 | €78,391 | €49,943 | -€28,448 | -36.3% |
| Amounts payable | 17/49 | €83,963 | €227,412 | +€143,449 | +171% |
| Amounts payable after more than one year | 17 | €27,230 | €97,108 | +€69,878 | +257% |
| Financial debts | 170/4 | €27,230 | €97,108 | +€69,878 | +257% |
| Amounts payable within one year | 42/48 | €54,792 | €128,529 | +€73,737 | +135% |
| Current portion of amounts payable after more than one year | 42 | €15,548 | €36,451 | +€20,902 | +134% |
| Trade debts | 44 | €1,536 | €1,423 | -€113 | -7.3% |
| Suppliers | 440/4 | €1,536 | €1,423 | -€113 | -7.3% |
| Taxes, remuneration and social security | 45 | €16,554 | €4,906 | -€11,648 | -70.4% |
| Taxes | 450/3 | €15,554 | €4,906 | -€10,648 | -68.5% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €21,154 | €85,749 | +€64,596 | +305% |
| Accrued charges and deferred income | 492/3 | €1,941 | €1,774 | -€166 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,296 | €1,079 | -€9,217 | -89.5% |
| Other operating charges | 640/8 | €208 | €232 | +€24 | +11.6% |
| Non-recurring operating charges | 66A | - | €9,001 | +€9,001 | |
| Gross operating margin | 9900 | €55,521 | €38,819 | -€16,701 | -30.1% |
| Operating profit (loss) | 9901 | €45,016 | €28,507 | -€16,509 | -36.7% |
| Financial income | 75/76B | - | €28,909 | +€28,909 | |
| Recurring financial income | 75 | - | €28,909 | +€28,909 | |
| Financial charges | 65/66B | €3,530 | €3,875 | +€345 | +9.8% |
| Recurring financial charges | 65 | €3,530 | €3,875 | +€345 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €41,486 | €53,541 | +€12,055 | +29.1% |
| Income taxes | 67/77 | €11,363 | €6,989 | -€4,374 | -38.5% |
| Profit (loss) for the period | 9904 | €30,123 | €46,552 | +€16,429 | +54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,123 | €46,552 | +€16,429 | +54.5% |
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 17 October 2026 via checked.be.