YASMAX: what changed
Two fiscal 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.
YASMAX
Largest movements
- Tangible fixed assets -€19,779
down €19,779 (-3.3%), from €608,496 to €588,717
of which Land and buildings: -€15,720
- Debts after one year -€22,899
down €22,899 (-5.6%), from €408,360 to €385,461
- Gross operating margin -€936
down €936 (-2.9%), from €31,876 to €30,940
- Financial charges -€364
down €364 (-5.2%), from €7,049 to €6,685
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 | €610,401 | €591,849 | -€18,552 | -3.0% |
| Fixed assets | 21/28 | €608,496 | €588,717 | -€19,779 | -3.3% |
| Tangible fixed assets | 22/27 | €608,496 | €588,717 | -€19,779 | -3.3% |
| Land and buildings | 22 | €579,049 | €563,328 | -€15,720 | -2.7% |
| Plant, machinery and equipment | 23 | €29,448 | €25,389 | -€4,059 | -13.8% |
| Current assets | 29/58 | €1,904 | €3,132 | +€1,227 | +64.4% |
| Cash at bank and in hand | 54/58 | €1,904 | €3,132 | +€1,227 | +64.4% |
| Total equity and liabilities | 10/49 | €610,401 | €591,849 | -€18,552 | -3.0% |
| Equity | 10/15 | -€76,941 | -€74,866 | +€2,075 | +2.7% |
| Contributions | 10/11 | €10,500 | €10,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,441 | -€85,366 | +€2,075 | +2.4% |
| Amounts payable | 17/49 | €687,342 | €666,714 | -€20,627 | -3.0% |
| Amounts payable after more than one year | 17 | €408,360 | €385,461 | -€22,899 | -5.6% |
| Financial debts | 170/4 | €408,360 | €385,461 | -€22,899 | -5.6% |
| Amounts payable within one year | 42/48 | €278,981 | €281,253 | +€2,272 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €22,543 | €22,899 | +€356 | +1.6% |
| Trade debts | 44 | €3,311 | €5,897 | +€2,586 | +78.1% |
| Suppliers | 440/4 | €3,311 | €5,897 | +€2,586 | +78.1% |
| Other amounts payable | 47/48 | €253,127 | €252,457 | -€670 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,779 | €19,779 | = | 0.0% |
| Other operating charges | 640/8 | €2,325 | €2,401 | +€76 | +3.3% |
| Gross operating margin | 9900 | €31,876 | €30,940 | -€936 | -2.9% |
| Operating profit (loss) | 9901 | €9,772 | €8,760 | -€1,012 | -10.4% |
| Financial charges | 65/66B | €7,049 | €6,685 | -€364 | -5.2% |
| Recurring financial charges | 65 | €7,049 | €6,685 | -€364 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €2,723 | €2,075 | -€648 | -23.8% |
| Profit (loss) for the period | 9904 | €2,723 | €2,075 | -€648 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,723 | €2,075 | -€648 | -23.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.