YBM: 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.
YBM
Largest movements
- Receivables within one year +€50,178
up €50,178 (+2,643%), from €1,899 to €52,076
of which Trade receivables: +€46,078
- Tangible fixed assets +€7,125
up €7,125 (+69.3%), from €10,276 to €17,401
of which Furniture and vehicles: +€10,017
- Reserves +€45,502
up €45,502 (+176%), from €25,869 to €71,372
- Tax, wage and social debts +€21,140
up €21,140 (+439%), from €4,816 to €25,956
of which Taxes: +€21,140
- Trade debts -€6,802
down €6,802 (-75.3%), from €9,032 to €2,230
- Other debts -€3,089
down €3,089 (-34.5%), from €8,960 to €5,872
- Gross operating margin +€35,904
up €35,904 (+104%), from €34,511 to €70,415
- Taxes +€8,166
up €8,166 (+190%), from €4,300 to €12,466
- Other operating charges +€4,742
up €4,742 (+859%), from €552 to €5,294
- Depreciation +€3,398
up €3,398 (+104%), from €3,277 to €6,675
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 | €43,815 | €100,152 | +€56,337 | +129% |
| Fixed assets | 21/28 | €10,276 | €17,401 | +€7,125 | +69.3% |
| Tangible fixed assets | 22/27 | €10,276 | €17,401 | +€7,125 | +69.3% |
| Plant, machinery and equipment | 23 | €6,564 | €3,672 | -€2,891 | -44.0% |
| Furniture and vehicles | 24 | €3,712 | €13,729 | +€10,017 | +270% |
| Current assets | 29/58 | €33,539 | €82,750 | +€49,212 | +147% |
| Amounts receivable within one year | 40/41 | €1,899 | €52,076 | +€50,178 | +2,643% |
| Trade receivables | 40 | €1,016 | €47,094 | +€46,078 | +4,533% |
| Other amounts receivable | 41 | €882 | €4,982 | +€4,100 | +465% |
| Cash at bank and in hand | 54/58 | €31,640 | €30,674 | -€966 | -3.1% |
| Total equity and liabilities | 10/49 | €43,815 | €100,152 | +€56,337 | +129% |
| Equity | 10/15 | €21,007 | €66,095 | +€45,088 | +215% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,869 | €71,372 | +€45,502 | +176% |
| Distributable reserves | 133 | €25,869 | €71,372 | +€45,502 | +176% |
| Profit (loss) carried forward | 14 | -€9,863 | -€10,277 | -€414 | -4.2% |
| Amounts payable | 17/49 | €22,808 | €34,057 | +€11,249 | +49.3% |
| Amounts payable within one year | 42/48 | €22,808 | €34,057 | +€11,249 | +49.3% |
| Trade debts | 44 | €9,032 | €2,230 | -€6,802 | -75.3% |
| Suppliers | 440/4 | €9,032 | €2,230 | -€6,802 | -75.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,816 | €25,956 | +€21,140 | +439% |
| Taxes | 450/3 | €4,816 | €25,956 | +€21,140 | +439% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,960 | €5,872 | -€3,089 | -34.5% |
| Remuneration, social security and pensions | 62 | €9 | €0 | -€9 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,277 | €6,675 | +€3,398 | +104% |
| Other operating charges | 640/8 | €552 | €5,294 | +€4,742 | +859% |
| Gross operating margin | 9900 | €34,511 | €70,415 | +€35,904 | +104% |
| Operating profit (loss) | 9901 | €30,673 | €58,447 | +€27,774 | +90.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €503 | €478 | -€25 | -5.0% |
| Recurring financial charges | 65 | €503 | €478 | -€25 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €30,169 | €57,968 | +€27,799 | +92.1% |
| Income taxes | 67/77 | €4,300 | €12,466 | +€8,166 | +190% |
| Profit (loss) for the period | 9904 | €25,869 | €45,502 | +€19,633 | +75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,869 | €45,502 | +€19,633 | +75.9% |
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.