YMASICA: 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.
YMASICA
Largest movements
- Tangible fixed assets -€20,161
down €20,161 (-10.0%), from €201,983 to €181,822
of which Furniture and vehicles: -€13,850
- Receivables within one year -€18,579
down €18,579 (-92.3%), from €20,125 to €1,546
of which Trade receivables: -€17,497
- Deferred charges and accrued income +€3,274
up €3,274 (+3,089%), from €106 to €3,380
- Cash -€3,199
down €3,199 (-98.0%), from €3,264 to €65
mainly Net result for the year (-€35,359) and Debts after one year (-€18,296)
- Other debts +€29,030
up €29,030 (+138%), from €21,095 to €50,125
- Reserves -€25,359
down €25,359 (-25.4%), from €99,701 to €74,342
of which Distributable reserves: -€25,359
- Debts after one year -€18,296
down €18,296 (-28.0%), from €65,250 to €46,954
of which Other amounts payable: -€10,000
- Tax, wage and social debts -€10,731
down €10,731 (-74.4%), from €14,414 to €3,683
of which Remuneration and social security: -€8,600
- Trade debts -€10,030
down €10,030 (-97.7%), from €10,261 to €231
- Depreciation +€15,552
new in 2025: €15,552
- Turnover -€4,489
down €4,489 (-32.3%), from €13,889 to €9,400
- Purchases and services -€2,691
down €2,691 (-12.9%), from €20,934 to €18,243
- Financial charges +€1,346
up €1,346 (+3,542%), from €38 to €1,384
- Gross operating margin -€1,003
down €1,003 (-14.2%), from -€7,045 to -€8,048
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.
Derived cash bridge
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 | €226,433 | €187,768 | -€38,665 | -17.1% |
| Fixed assets | 21/28 | €202,033 | €181,872 | -€20,161 | -10.0% |
| Tangible fixed assets | 22/27 | €201,983 | €181,822 | -€20,161 | -10.0% |
| Land and buildings | 22 | €181,730 | €171,571 | -€10,159 | -5.6% |
| Plant, machinery and equipment | 23 | €5,404 | €4,053 | -€1,351 | -25.0% |
| Furniture and vehicles | 24 | €14,849 | €999 | -€13,850 | -93.3% |
| Other tangible fixed assets | 26 | - | €5,199 | +€5,199 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €24,400 | €5,896 | -€18,504 | -75.8% |
| Amounts receivable within one year | 40/41 | €20,125 | €1,546 | -€18,579 | -92.3% |
| Trade receivables | 40 | €17,642 | €145 | -€17,497 | -99.2% |
| Other amounts receivable | 41 | €2,483 | €1,401 | -€1,082 | -43.6% |
| Current investments | 50/53 | €905 | €905 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,264 | €65 | -€3,199 | -98.0% |
| Deferred charges and accrued income | 490/1 | €106 | €3,380 | +€3,274 | +3,089% |
| Total equity and liabilities | 10/49 | €226,433 | €187,768 | -€38,665 | -17.1% |
| Equity | 10/15 | €105,884 | €80,525 | -€25,359 | -23.9% |
| Contributions | 10/11 | €6,183 | €6,183 | = | 0.0% |
| Capital | 10 | €6,183 | €6,183 | = | 0.0% |
| Issued capital | 100 | €18,583 | €18,583 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €99,701 | €74,342 | -€25,359 | -25.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €97,841 | €72,482 | -€25,359 | -25.9% |
| Amounts payable | 17/49 | €120,549 | €107,243 | -€13,306 | -11.0% |
| Amounts payable after more than one year | 17 | €65,250 | €46,954 | -€18,296 | -28.0% |
| Financial debts | 170/4 | €55,250 | €46,954 | -€8,296 | -15.0% |
| Other amounts payable | 178/9 | €10,000 | - | -€10,000 | |
| Amounts payable within one year | 42/48 | €55,299 | €60,289 | +€4,990 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €9,529 | €6,250 | -€3,279 | -34.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €10,261 | €231 | -€10,030 | -97.7% |
| Suppliers | 440/4 | €10,261 | €231 | -€10,030 | -97.7% |
| Taxes, remuneration and social security | 45 | €14,414 | €3,683 | -€10,731 | -74.4% |
| Taxes | 450/3 | €5,534 | €3,403 | -€2,131 | -38.5% |
| Remuneration and social security | 454/9 | €8,880 | €280 | -€8,600 | -96.8% |
| Other amounts payable | 47/48 | €21,095 | €50,125 | +€29,030 | +138% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €13,889 | €9,400 | -€4,489 | -32.3% |
| Non-recurring operating income | 76A | - | €795 | +€795 | |
| Goods, raw materials, services and sundry goods | 60/61 | €20,934 | €18,243 | -€2,691 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €15,552 | +€15,552 | |
| Other operating charges | 640/8 | €974 | €300 | -€674 | -69.2% |
| Non-recurring operating charges | 66A | - | €10,075 | +€10,075 | |
| Gross operating margin | 9900 | -€7,045 | -€8,048 | -€1,003 | -14.2% |
| Operating profit (loss) | 9901 | -€8,019 | -€33,975 | -€25,956 | -324% |
| Financial charges | 65/66B | €38 | €1,384 | +€1,346 | +3,542% |
| Recurring financial charges | 65 | €38 | €1,384 | +€1,346 | +3,542% |
| Profit (loss) for the period before taxes | 9903 | -€8,057 | -€35,359 | -€27,302 | -339% |
| Profit (loss) for the period | 9904 | -€8,057 | -€35,359 | -€27,302 | -339% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,057 | -€35,359 | -€27,302 | -339% |
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 31 October 2026 via checked.be.