YDM Management: 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.
YDM Management
Largest movements
- Receivables within one year +€47,724
up €47,724 (+407.9%), from €11,701 to €59,425
of which Other amounts receivable: +€45,659
- Tangible fixed assets -€24,031
down €24,031 (-5.5%), from €437,217 to €413,186
of which Land and buildings: -€29,572
- Profit (loss) carried forward -€256,983
down €256,983 (-72.7%), from €353,698 to €96,715
- Debts after one year +€237,936
up €237,936 (+114.1%), from €208,512 to €446,448
- Current portion of long-term debt +€21,737
up €21,737 (+78.8%), from €27,594 to €49,331
- Tax, wage and social debts +€21,346
up €21,346 (+229.7%), from €9,292 to €30,638
- Gross operating margin +€29,929
up €29,929 (+35.6%), from €84,040 to €113,970
- Financial income +€15,943
up €15,943 (+5298.2%), from €301 to €16,244
- Taxes +€7,193
up €7,193 (+48.8%), from €14,731 to €21,925
- Financial charges +€5,802
up €5,802 (+135.8%), from €4,273 to €10,075
- Depreciation +€1,984
up €1,984 (+6.3%), from €31,664 to €33,648
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €726,606 | €746,425 | +€19,819 | +2.7% |
| Fixed assets | 21/28 | €689,517 | €665,486 | -€24,031 | -3.5% |
| Tangible fixed assets | 22/27 | €437,217 | €413,186 | -€24,031 | -5.5% |
| Land and buildings | 22 | €428,550 | €398,978 | -€29,572 | -6.9% |
| Plant, machinery and equipment | 23 | €533 | €306 | -€227 | -42.6% |
| Furniture and vehicles | 24 | €8,134 | €13,902 | +€5,768 | +70.9% |
| Financial fixed assets | 28 | €252,300 | €252,300 | = | 0.0% |
| Current assets | 29/58 | €37,089 | €80,939 | +€43,850 | +118.2% |
| Amounts receivable within one year | 40/41 | €11,701 | €59,425 | +€47,724 | +407.9% |
| Trade receivables | 40 | €925 | €2,990 | +€2,065 | +223.3% |
| Other amounts receivable | 41 | €10,776 | €56,434 | +€45,659 | +423.7% |
| Current investments | 50/53 | €25,320 | €21,444 | -€3,876 | -15.3% |
| Deferred charges and accrued income | 490/1 | €68 | €71 | +€3 | +3.7% |
| Total equity and liabilities | 10/49 | €726,606 | €746,425 | +€19,819 | +2.7% |
| Equity | 10/15 | €475,898 | €218,915 | -€256,983 | -54.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €103,600 | €103,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,600 | €3,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,600 | €3,600 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €353,698 | €96,715 | -€256,983 | -72.7% |
| Amounts payable | 17/49 | €250,707 | €527,510 | +€276,803 | +110.4% |
| Amounts payable after more than one year | 17 | €208,512 | €446,448 | +€237,936 | +114.1% |
| Financial debts | 170/4 | €208,512 | €446,448 | +€237,936 | +114.1% |
| Amounts payable within one year | 42/48 | €40,860 | €80,573 | +€39,713 | +97.2% |
| Current portion of amounts payable after more than one year | 42 | €27,594 | €49,331 | +€21,737 | +78.8% |
| Financial debts | 43 | €3,359 | €0 | -€3,359 | -100.0% |
| Credit institutions | 430/8 | €3,359 | €0 | -€3,359 | -100.0% |
| Trade debts | 44 | €445 | €604 | +€159 | +35.9% |
| Suppliers | 440/4 | €445 | €604 | +€159 | +35.9% |
| Taxes, remuneration and social security | 45 | €9,292 | €30,638 | +€21,346 | +229.7% |
| Taxes | 450/3 | €9,292 | €30,638 | +€21,346 | +229.7% |
| Other amounts payable | 47/48 | €170 | €0 | -€170 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,336 | €489 | -€847 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,664 | €33,648 | +€1,984 | +6.3% |
| Other operating charges | 640/8 | €1,505 | €1,550 | +€46 | +3.0% |
| Gross operating margin | 9900 | €84,040 | €113,970 | +€29,929 | +35.6% |
| Operating profit (loss) | 9901 | €50,872 | €78,772 | +€27,900 | +54.8% |
| Financial income | 75/76B | €301 | €16,244 | +€15,943 | +5298.2% |
| Recurring financial income | 75 | €301 | €16,244 | +€15,943 | +5298.2% |
| Financial charges | 65/66B | €4,273 | €10,075 | +€5,802 | +135.8% |
| Recurring financial charges | 65 | €4,273 | €10,075 | +€5,802 | +135.8% |
| Profit (loss) for the period before taxes | 9903 | €46,900 | €84,941 | +€38,042 | +81.1% |
| Income taxes | 67/77 | €14,731 | €21,925 | +€7,193 | +48.8% |
| Profit (loss) for the period | 9904 | €32,169 | €63,017 | +€30,848 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,169 | €63,017 | +€30,848 | +95.9% |
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 10 October 2026 via checked.be.