YEMENI: 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.
YEMENI
Largest movements
- Receivables within one year +€68,167
up €68,167 (+44.0%), from €154,972 to €223,139
of which Trade receivables: +€92,120
- Tangible fixed assets +€8,594
up €8,594 (+46.3%), from €18,548 to €27,143
of which Plant, machinery and equipment: +€6,802
- Cash -€3,409
down €3,409 (-5.6%), from €60,488 to €57,079
mainly Receivables within one year (-€68,167) and Investment in fixed assets (net) (-€24,323)
- Trade debts +€107,769
up €107,769 (+94.0%), from €114,697 to €222,467
- Other debts -€21,753
down €21,753 (-60.4%), from €36,000 to €14,247
- Tax, wage and social debts -€17,444
down €17,444 (-48.5%), from €35,992 to €18,547
of which Taxes: -€29,373
- Profit (loss) carried forward +€10,256
up €10,256 (+21.7%), from €47,320 to €57,576
- Staff costs +€34,419
up €34,419 (+63.7%), from €53,996 to €88,416
- Gross operating margin -€28,061
down €28,061 (-17.8%), from €157,675 to €129,615
- Taxes -€8,971
down €8,971 (-75.8%), from €11,830 to €2,859
- Depreciation +€5,397
up €5,397 (+69.8%), from €7,732 to €13,129
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 | €234,009 | €312,837 | +€78,828 | +33.7% |
| Fixed assets | 21/28 | €18,548 | €29,743 | +€11,194 | +60.4% |
| Tangible fixed assets | 22/27 | €18,548 | €27,143 | +€8,594 | +46.3% |
| Plant, machinery and equipment | 23 | €12,215 | €19,017 | +€6,802 | +55.7% |
| Furniture and vehicles | 24 | €6,333 | €8,125 | +€1,792 | +28.3% |
| Financial fixed assets | 28 | - | €2,600 | +€2,600 | |
| Current assets | 29/58 | €215,460 | €283,094 | +€67,634 | +31.4% |
| Stocks and contracts in progress | 3 | - | €2,877 | +€2,877 | |
| Stocks | 30/36 | - | €2,877 | +€2,877 | |
| Amounts receivable within one year | 40/41 | €154,972 | €223,139 | +€68,167 | +44.0% |
| Trade receivables | 40 | €120,921 | €213,041 | +€92,120 | +76.2% |
| Other amounts receivable | 41 | €34,051 | €10,098 | -€23,953 | -70.3% |
| Cash at bank and in hand | 54/58 | €60,488 | €57,079 | -€3,409 | -5.6% |
| Total equity and liabilities | 10/49 | €234,009 | €312,837 | +€78,828 | +33.7% |
| Equity | 10/15 | €47,320 | €57,576 | +€10,256 | +21.7% |
| Profit (loss) carried forward | 14 | €47,320 | €57,576 | +€10,256 | +21.7% |
| Amounts payable | 17/49 | €186,689 | €255,261 | +€68,572 | +36.7% |
| Amounts payable within one year | 42/48 | €186,689 | €255,261 | +€68,572 | +36.7% |
| Trade debts | 44 | €114,697 | €222,467 | +€107,769 | +94.0% |
| Suppliers | 440/4 | €114,697 | €222,467 | +€107,769 | +94.0% |
| Taxes, remuneration and social security | 45 | €35,992 | €18,547 | -€17,444 | -48.5% |
| Taxes | 450/3 | €32,232 | €2,859 | -€29,373 | -91.1% |
| Remuneration and social security | 454/9 | €3,760 | €15,688 | +€11,928 | +317% |
| Other amounts payable | 47/48 | €36,000 | €14,247 | -€21,753 | -60.4% |
| Remuneration, social security and pensions | 62 | €53,996 | €88,416 | +€34,419 | +63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,732 | €13,129 | +€5,397 | +69.8% |
| Other operating charges | 640/8 | €680 | €312 | -€368 | -54.1% |
| Gross operating margin | 9900 | €157,675 | €129,615 | -€28,061 | -17.8% |
| Operating profit (loss) | 9901 | €95,267 | €27,758 | -€67,509 | -70.9% |
| Financial charges | 65/66B | €117 | €643 | +€526 | +451% |
| Recurring financial charges | 65 | €117 | €643 | +€526 | +451% |
| Profit (loss) for the period before taxes | 9903 | €95,150 | €27,115 | -€68,035 | -71.5% |
| Income taxes | 67/77 | €11,830 | €2,859 | -€8,971 | -75.8% |
| Profit (loss) for the period | 9904 | €83,320 | €24,256 | -€59,064 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €83,320 | €24,256 | -€59,064 | -70.9% |
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 1 November 2026 via checked.be.