YM-MANAGEMENT: what changed
Two fiscal 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.
YM-MANAGEMENT
Largest movements
- Tangible fixed assets -€64,806
down €64,806 (-11.6%), from €560,827 to €496,021
of which Land and buildings: -€66,196
- Receivables within one year -€18,203
down €18,203 (-90.3%), from €20,167 to €1,964
of which Trade receivables: -€18,203
- Cash +€10,124
up €10,124 (+699.3%), from €1,448 to €11,572
mainly Depreciation (+€68,183) and Receivables within one year (+€18,203)
- Profit (loss) carried forward -€40,176
down €40,176 (-38.3%), from -€104,866 to -€145,042
- Debts after one year -€23,989
down €23,989 (-10.8%), from €221,343 to €197,354
- Other debts -€15,161
down €15,161 (-3.8%), from €398,022 to €382,861
- Tax, wage and social debts +€7,077
up €7,077 (+713.6%), from €992 to €8,069
- Gross operating margin +€81,945
up €81,945, from -€33,456 to €48,489
- Other operating charges +€3,769
up €3,769 (+30.8%), from €12,238 to €16,007
- Financial charges -€1,435
down €1,435 (-24.3%), from €5,910 to €4,475
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 | €583,418 | €510,579 | -€72,839 | -12.5% |
| Fixed assets | 21/28 | €560,977 | €496,171 | -€64,806 | -11.6% |
| Tangible fixed assets | 22/27 | €560,827 | €496,021 | -€64,806 | -11.6% |
| Land and buildings | 22 | €555,752 | €489,557 | -€66,196 | -11.9% |
| Furniture and vehicles | 24 | €5,074 | €6,464 | +€1,390 | +27.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €22,442 | €14,408 | -€8,033 | -35.8% |
| Amounts receivable within one year | 40/41 | €20,167 | €1,964 | -€18,203 | -90.3% |
| Trade receivables | 40 | €20,167 | €1,964 | -€18,203 | -90.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,448 | €11,572 | +€10,124 | +699.3% |
| Deferred charges and accrued income | 490/1 | €827 | €873 | +€46 | +5.6% |
| Total equity and liabilities | 10/49 | €583,418 | €510,579 | -€72,839 | -12.5% |
| Equity | 10/15 | -€62,044 | -€102,220 | -€40,176 | -64.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €24,222 | €24,222 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€104,866 | -€145,042 | -€40,176 | -38.3% |
| Amounts payable | 17/49 | €645,462 | €612,799 | -€32,663 | -5.1% |
| Amounts payable after more than one year | 17 | €221,343 | €197,354 | -€23,989 | -10.8% |
| Financial debts | 170/4 | €221,343 | €197,354 | -€23,989 | -10.8% |
| Amounts payable within one year | 42/48 | €423,993 | €415,414 | -€8,578 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €21,598 | €23,989 | +€2,391 | +11.1% |
| Financial debts | 43 | €91 | €0 | -€91 | -100.0% |
| Credit institutions | 430/8 | €91 | €0 | -€91 | -100.0% |
| Trade debts | 44 | €3,291 | €496 | -€2,795 | -84.9% |
| Suppliers | 440/4 | €3,291 | €496 | -€2,795 | -84.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €992 | €8,069 | +€7,077 | +713.6% |
| Taxes | 450/3 | €992 | €8,069 | +€7,077 | +713.6% |
| Other amounts payable | 47/48 | €398,022 | €382,861 | -€15,161 | -3.8% |
| Accrued charges and deferred income | 492/3 | €126 | €31 | -€95 | -75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,936 | €68,183 | +€247 | +0.4% |
| Other operating charges | 640/8 | €12,238 | €16,007 | +€3,769 | +30.8% |
| Gross operating margin | 9900 | -€33,456 | €48,489 | +€81,945 | |
| Operating profit (loss) | 9901 | -€113,631 | -€35,701 | +€77,929 | +68.6% |
| Financial charges | 65/66B | €5,910 | €4,475 | -€1,435 | -24.3% |
| Recurring financial charges | 65 | €5,910 | €4,475 | -€1,435 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | -€119,540 | -€40,176 | +€79,364 | +66.4% |
| Profit (loss) for the period | 9904 | -€119,540 | -€40,176 | +€79,364 | +66.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€119,540 | -€40,176 | +€79,364 | +66.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.