YFASMA: 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.
YFASMA
Largest movements
- Receivables within one year +€7,477
up €7,477 (+115.7%), from €6,463 to €13,940
of which Trade receivables: +€6,684
- Tangible fixed assets +€4,246
up €4,246 (+232.8%), from €1,824 to €6,070
of which Furniture and vehicles: +€2,520
- Cash -€2,466
down €2,466 (-9.6%), from €25,765 to €23,299
mainly Receivables within one year (-€7,477) and Debts after one year (-€5,781)
- Other debts +€14,283
up €14,283 (+422.3%), from €3,382 to €17,665
- Debts after one year -€5,781
down €5,781 (-75.0%), from €7,705 to €1,923
- Tax, wage and social debts -€3,314
down €3,314 (-25.9%), from €12,788 to €9,474
of which Taxes: -€3,168
- Reserves +€2,920
up €2,920 (+43.3%), from €6,743 to €9,663
- Trade debts +€2,354
up €2,354 (+216.6%), from €1,086 to €3,440
- Staff costs +€37,481
up €37,481 (+809.5%), from €4,630 to €42,111
- Gross operating margin +€34,809
up €34,809 (+254.1%), from €13,698 to €48,507
- Financial charges +€1,119
up €1,119 (+1348.3%), from €83 to €1,202
- Depreciation +€803
up €803 (+1099.2%), from €73 to €877
- Taxes -€570
down €570 (-32.0%), from €1,782 to €1,212
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
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 | €34,705 | €44,337 | +€9,632 | +27.8% |
| Fixed assets | 21/28 | €1,824 | €6,070 | +€4,246 | +232.8% |
| Tangible fixed assets | 22/27 | €1,824 | €6,070 | +€4,246 | +232.8% |
| Furniture and vehicles | 24 | €1,824 | €4,344 | +€2,520 | +138.2% |
| Other tangible fixed assets | 26 | - | €1,726 | +€1,726 | |
| Current assets | 29/58 | €32,881 | €38,266 | +€5,386 | +16.4% |
| Amounts receivable within one year | 40/41 | €6,463 | €13,940 | +€7,477 | +115.7% |
| Trade receivables | 40 | €6,463 | €13,147 | +€6,684 | +103.4% |
| Other amounts receivable | 41 | - | €793 | +€793 | |
| Cash at bank and in hand | 54/58 | €25,765 | €23,299 | -€2,466 | -9.6% |
| Deferred charges and accrued income | 490/1 | €653 | €1,027 | +€375 | +57.4% |
| Total equity and liabilities | 10/49 | €34,705 | €44,337 | +€9,632 | +27.8% |
| Equity | 10/15 | €7,743 | €10,663 | +€2,920 | +37.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,743 | €9,663 | +€2,920 | +43.3% |
| Distributable reserves | 133 | €6,743 | €9,663 | +€2,920 | +43.3% |
| Amounts payable | 17/49 | €26,961 | €33,673 | +€6,712 | +24.9% |
| Amounts payable after more than one year | 17 | €7,705 | €1,923 | -€5,781 | -75.0% |
| Financial debts | 170/4 | €7,705 | €1,923 | -€5,781 | -75.0% |
| Amounts payable within one year | 42/48 | €19,257 | €31,750 | +€12,493 | +64.9% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | €1,170 | -€830 | -41.5% |
| Trade debts | 44 | €1,086 | €3,440 | +€2,354 | +216.6% |
| Suppliers | 440/4 | €1,086 | €3,440 | +€2,354 | +216.6% |
| Taxes, remuneration and social security | 45 | €12,788 | €9,474 | -€3,314 | -25.9% |
| Taxes | 450/3 | €9,011 | €5,844 | -€3,168 | -35.2% |
| Remuneration and social security | 454/9 | €3,777 | €3,631 | -€146 | -3.9% |
| Other amounts payable | 47/48 | €3,382 | €17,665 | +€14,283 | +422.3% |
| Remuneration, social security and pensions | 62 | €4,630 | €42,111 | +€37,481 | +809.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73 | €877 | +€803 | +1099.2% |
| Other operating charges | 640/8 | €387 | €186 | -€201 | -52.0% |
| Gross operating margin | 9900 | €13,698 | €48,507 | +€34,809 | +254.1% |
| Operating profit (loss) | 9901 | €8,608 | €5,333 | -€3,275 | -38.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €83 | €1,202 | +€1,119 | +1348.3% |
| Recurring financial charges | 65 | €83 | €1,202 | +€1,119 | +1348.3% |
| Profit (loss) for the period before taxes | 9903 | €8,525 | €4,132 | -€4,393 | -51.5% |
| Income taxes | 67/77 | €1,782 | €1,212 | -€570 | -32.0% |
| Profit (loss) for the period | 9904 | €6,743 | €2,920 | -€3,823 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,743 | €2,920 | -€3,823 | -56.7% |
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 9 October 2026 via checked.be.