YASMINE: 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.
YASMINE
Largest movements
- Receivables within one year +€198,004
up €198,004 (+9,922%), from €1,996 to €200,000
- Tangible fixed assets -€103,958
down €103,958 (-5.0%), from €2.1m to €2.0m
of which Other tangible fixed assets: -€85,062
- Reserves +€90,281
up €90,281 (+20.2%), from €447,495 to €537,776
of which Tax-exempt reserves: +€50,520
- Depreciation +€3,971
up €3,971 (+4.0%), from €99,987 to €103,958
- Gross operating margin +€2,647
up €2,647 (+1.1%), from €238,572 to €241,219
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 | €2,175,911 | €2,254,548 | +€78,637 | +3.6% |
| Fixed assets | 21/28 | €2,085,476 | €1,981,518 | -€103,958 | -5.0% |
| Tangible fixed assets | 22/27 | €2,085,476 | €1,981,518 | -€103,958 | -5.0% |
| Land and buildings | 22 | €1,085,836 | €1,066,940 | -€18,897 | -1.7% |
| Other tangible fixed assets | 26 | €999,639 | €914,578 | -€85,062 | -8.5% |
| Current assets | 29/58 | €90,435 | €273,031 | +€182,595 | +202% |
| Amounts receivable within one year | 40/41 | €1,996 | €200,000 | +€198,004 | +9,922% |
| Other amounts receivable | 41 | €1,996 | €200,000 | +€198,004 | +9,922% |
| Cash at bank and in hand | 54/58 | €88,440 | €73,031 | -€15,409 | -17.4% |
| Total equity and liabilities | 10/49 | €2,175,911 | €2,254,548 | +€78,637 | +3.6% |
| Equity | 10/15 | €2,151,951 | €2,242,232 | +€90,281 | +4.2% |
| Contributions | 10/11 | €1,425,699 | €1,425,699 | = | 0.0% |
| Reserves | 13 | €447,495 | €537,776 | +€90,281 | +20.2% |
| Non-distributable reserves | 130/1 | €26,590 | €26,590 | = | 0.0% |
| Reserves not available under the articles | 1311 | €26,590 | €26,590 | = | 0.0% |
| Tax-exempt reserves | 132 | €182,665 | €233,185 | +€50,520 | +27.7% |
| Distributable reserves | 133 | €238,239 | €278,000 | +€39,761 | +16.7% |
| Profit (loss) carried forward | 14 | €278,757 | €278,757 | = | 0.0% |
| Amounts payable | 17/49 | €23,960 | €12,317 | -€11,643 | -48.6% |
| Amounts payable within one year | 42/48 | €23,960 | €12,317 | -€11,643 | -48.6% |
| Trade debts | 44 | €5,443 | €317 | -€5,126 | -94.2% |
| Suppliers | 440/4 | €5,443 | €317 | -€5,126 | -94.2% |
| Taxes, remuneration and social security | 45 | €18,517 | - | -€18,517 | |
| Taxes | 450/3 | €18,517 | - | -€18,517 | |
| Other amounts payable | 47/48 | - | €12,000 | +€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,987 | €103,958 | +€3,971 | +4.0% |
| Other operating charges | 640/8 | €17,057 | €17,331 | +€274 | +1.6% |
| Gross operating margin | 9900 | €238,572 | €241,219 | +€2,647 | +1.1% |
| Operating profit (loss) | 9901 | €121,528 | €119,930 | -€1,598 | -1.3% |
| Financial income | 75/76B | €0 | €1,531 | +€1,531 | +15,307,500% |
| Recurring financial income | 75 | €0 | €1,531 | +€1,531 | +15,307,500% |
| Financial charges | 65/66B | €150 | €180 | +€30 | +20.0% |
| Recurring financial charges | 65 | €150 | €180 | +€30 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €121,378 | €121,281 | -€97 | -0.1% |
| Income taxes | 67/77 | €29,617 | €31,000 | +€1,383 | +4.7% |
| Profit (loss) for the period | 9904 | €91,761 | €90,281 | -€1,480 | -1.6% |
| Transfer to tax-exempt reserves | 689 | €50,520 | €50,520 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,241 | €39,761 | -€1,480 | -3.6% |
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 16 October 2026 via checked.be.