YMAS: 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.
YMAS
Largest movements
- Stocks and contracts -€3,269
down €3,269 (-59.2%), from €5,519 to €2,250
- Cash +€868
up €868 (+592.9%), from €146 to €1,014
mainly Stocks and contracts (+€3,269) and Tax, wage and social debts (+€1,348)
- Intangible fixed assets -€500
no longer reported in 2025 (was €500)
- Receivables within one year -€204
down €204 (-20.5%), from €994 to €790
- Trade debts -€4,492
down €4,492 (-95.3%), from €4,714 to €222
- Tax, wage and social debts +€1,348
up €1,348 (+124.0%), from €1,087 to €2,435
- Profit (loss) carried forward +€947
up €947 (+16.4%), from -€5,768 to -€4,821
- Other debts -€908
down €908 (-41.7%), from €2,179 to €1,271
- Gross operating margin +€2,863
up €2,863, from -€1,271 to €1,593
- Depreciation -€500
down €500 (-50.0%), from €1,000 to €500
- Other operating charges -€174
no longer reported in 2025 (was €174)
- Financial charges -€147
down €147 (-50.2%), from €292 to €145
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 | €8,639 | €5,534 | -€3,105 | -35.9% |
| Fixed assets | 21/28 | €1,980 | €1,480 | -€500 | -25.3% |
| Intangible fixed assets | 21 | €500 | - | -€500 | |
| Financial fixed assets | 28 | €1,480 | €1,480 | = | 0.0% |
| Current assets | 29/58 | €6,659 | €4,054 | -€2,605 | -39.1% |
| Stocks and contracts in progress | 3 | €5,519 | €2,250 | -€3,269 | -59.2% |
| Stocks | 30/36 | €5,519 | €2,250 | -€3,269 | -59.2% |
| Amounts receivable within one year | 40/41 | €994 | €790 | -€204 | -20.5% |
| Trade receivables | 40 | €994 | €790 | -€204 | -20.5% |
| Cash at bank and in hand | 54/58 | €146 | €1,014 | +€868 | +592.9% |
| Total equity and liabilities | 10/49 | €8,639 | €5,534 | -€3,105 | -35.9% |
| Equity | 10/15 | €659 | €1,606 | +€947 | +143.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €227 | €227 | = | 0.0% |
| Non-distributable reserves | 130/1 | €227 | €227 | = | 0.0% |
| Reserves not available under the articles | 1311 | €227 | €227 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,768 | -€4,821 | +€947 | +16.4% |
| Amounts payable | 17/49 | €7,980 | €3,927 | -€4,052 | -50.8% |
| Amounts payable within one year | 42/48 | €7,980 | €3,927 | -€4,052 | -50.8% |
| Trade debts | 44 | €4,714 | €222 | -€4,492 | -95.3% |
| Suppliers | 440/4 | €4,714 | €222 | -€4,492 | -95.3% |
| Taxes, remuneration and social security | 45 | €1,087 | €2,435 | +€1,348 | +124.0% |
| Taxes | 450/3 | €1,087 | €2,435 | +€1,348 | +124.0% |
| Other amounts payable | 47/48 | €2,179 | €1,271 | -€908 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €500 | -€500 | -50.0% |
| Other operating charges | 640/8 | €174 | - | -€174 | |
| Gross operating margin | 9900 | -€1,271 | €1,593 | +€2,863 | |
| Operating profit (loss) | 9901 | -€2,445 | €1,093 | +€3,537 | |
| Financial charges | 65/66B | €292 | €145 | -€147 | -50.2% |
| Recurring financial charges | 65 | €292 | €145 | -€147 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,737 | €947 | +€3,684 | |
| Profit (loss) for the period | 9904 | -€2,737 | €947 | +€3,684 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,737 | €947 | +€3,684 |
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.