YEKTAM: 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.
YEKTAM
Largest movements
- Receivables within one year +€23,717
up €23,717 (+62.1%), from €38,214 to €61,931
of which Other amounts receivable: +€39,888
- Tax, wage and social debts +€16,216
up €16,216 (+75.5%), from €21,465 to €37,681
of which Remuneration and social security: +€8,154
- Reserves +€11,562
up €11,562 (+12.8%), from €90,123 to €101,685
of which Distributable reserves: +€11,562
- Trade debts +€6,533
up €6,533 (+83.5%), from €7,827 to €14,360
- Current portion of long-term debt -€6,000
no longer reported in 2024 (was €6,000)
- Short-term financial debts -€4,940
no longer reported in 2024 (was €4,940)
- Staff costs +€35,615
new in 2024: €35,615
- Gross operating margin +€13,767
up €13,767 (+25.9%), from €53,250 to €67,017
- Taxes -€7,198
down €7,198 (-46.7%), from €15,403 to €8,206
- Financial charges +€2,301
up €2,301 (+65.6%), from €3,507 to €5,808
- Other operating charges +€1,832
up €1,832 (+89.9%), from €2,038 to €3,870
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,072 | €153,443 | +€23,372 | +18.0% |
| Fixed assets | 21/28 | €3,730 | €2,866 | -€864 | -23.2% |
| Tangible fixed assets | 22/27 | €3,730 | €2,866 | -€864 | -23.2% |
| Plant, machinery and equipment | 23 | - | €319 | +€319 | |
| Furniture and vehicles | 24 | €3,730 | €2,547 | -€1,183 | -31.7% |
| Current assets | 29/58 | €126,342 | €150,577 | +€24,236 | +19.2% |
| Amounts receivable after more than one year | 29 | €86,868 | €86,868 | = | 0.0% |
| Other amounts receivable | 291 | €86,868 | €86,868 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,214 | €61,931 | +€23,717 | +62.1% |
| Trade receivables | 40 | €30,229 | €14,057 | -€16,171 | -53.5% |
| Other amounts receivable | 41 | €7,985 | €47,873 | +€39,888 | +500% |
| Cash at bank and in hand | 54/58 | €975 | €1,619 | +€645 | +66.1% |
| Deferred charges and accrued income | 490/1 | €285 | €160 | -€126 | -44.0% |
| Total equity and liabilities | 10/49 | €130,072 | €153,443 | +€23,372 | +18.0% |
| Equity | 10/15 | €88,840 | €100,402 | +€11,562 | +13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,123 | €101,685 | +€11,562 | +12.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €88,263 | €99,825 | +€11,562 | +13.1% |
| Profit (loss) carried forward | 14 | -€7,483 | -€7,483 | = | 0.0% |
| Amounts payable | 17/49 | €41,232 | €53,041 | +€11,810 | +28.6% |
| Amounts payable within one year | 42/48 | €41,232 | €53,041 | +€11,810 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | - | -€6,000 | |
| Financial debts | 43 | €4,940 | - | -€4,940 | |
| Credit institutions | 430/8 | €4,940 | - | -€4,940 | |
| Trade debts | 44 | €7,827 | €14,360 | +€6,533 | +83.5% |
| Suppliers | 440/4 | €7,827 | €14,360 | +€6,533 | +83.5% |
| Taxes, remuneration and social security | 45 | €21,465 | €37,681 | +€16,216 | +75.5% |
| Taxes | 450/3 | €21,465 | €29,527 | +€8,063 | +37.6% |
| Remuneration and social security | 454/9 | - | €8,154 | +€8,154 | |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €35,615 | +€35,615 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,837 | €1,958 | +€121 | +6.6% |
| Other operating charges | 640/8 | €2,038 | €3,870 | +€1,832 | +89.9% |
| Gross operating margin | 9900 | €53,250 | €67,017 | +€13,767 | +25.9% |
| Operating profit (loss) | 9901 | €49,376 | €25,575 | -€23,800 | -48.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,507 | €5,808 | +€2,301 | +65.6% |
| Recurring financial charges | 65 | €3,507 | €5,808 | +€2,301 | +65.6% |
| Profit (loss) for the period before taxes | 9903 | €45,869 | €19,768 | -€26,101 | -56.9% |
| Income taxes | 67/77 | €15,403 | €8,206 | -€7,198 | -46.7% |
| Profit (loss) for the period | 9904 | €30,465 | €11,562 | -€18,904 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,465 | €11,562 | -€18,904 | -62.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.