YMATRA: 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.
YMATRA
Largest movements
- Cash +€119,990
up €119,990 (+30.4%), from €394,103 to €514,093
mainly Net result for the year (+€97,378) and Depreciation (+€22,535)
- Tangible fixed assets -€18,421
down €18,421 (-24.2%), from €76,165 to €57,743
- Receivables within one year -€10,470
down €10,470 (-31.2%), from €33,547 to €23,078
of which Other amounts receivable: -€9,027
- Reserves +€97,378
up €97,378 (+22.3%), from €437,138 to €534,516
- Gross operating margin +€19,137
up €19,137 (+13.7%), from €140,112 to €159,249
- Depreciation +€10,070
up €10,070 (+80.8%), from €12,465 to €22,535
- Taxes +€2,964
up €2,964 (+8.1%), from €36,622 to €39,586
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 | €505,260 | €597,375 | +€92,115 | +18.2% |
| Fixed assets | 21/28 | €76,165 | €57,743 | -€18,421 | -24.2% |
| Tangible fixed assets | 22/27 | €76,165 | €57,743 | -€18,421 | -24.2% |
| Furniture and vehicles | 24 | €76,165 | €57,743 | -€18,421 | -24.2% |
| Current assets | 29/58 | €429,095 | €539,632 | +€110,537 | +25.8% |
| Amounts receivable within one year | 40/41 | €33,547 | €23,078 | -€10,470 | -31.2% |
| Trade receivables | 40 | €24,421 | €22,978 | -€1,443 | -5.9% |
| Other amounts receivable | 41 | €9,127 | €100 | -€9,027 | -98.9% |
| Cash at bank and in hand | 54/58 | €394,103 | €514,093 | +€119,990 | +30.4% |
| Deferred charges and accrued income | 490/1 | €1,445 | €2,461 | +€1,016 | +70.3% |
| Total equity and liabilities | 10/49 | €505,260 | €597,375 | +€92,115 | +18.2% |
| Equity | 10/15 | €449,538 | €546,916 | +€97,378 | +21.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €437,138 | €534,516 | +€97,378 | +22.3% |
| Distributable reserves | 133 | €437,138 | €534,516 | +€97,378 | +22.3% |
| Amounts payable | 17/49 | €55,722 | €50,460 | -€5,263 | -9.4% |
| Amounts payable within one year | 42/48 | €54,366 | €46,284 | -€8,082 | -14.9% |
| Trade debts | 44 | €3,117 | €399 | -€2,718 | -87.2% |
| Suppliers | 440/4 | €3,117 | €399 | -€2,718 | -87.2% |
| Taxes, remuneration and social security | 45 | €11,227 | €5,820 | -€5,406 | -48.2% |
| Taxes | 450/3 | €11,227 | €5,820 | -€5,406 | -48.2% |
| Other amounts payable | 47/48 | €40,023 | €40,066 | +€42 | +0.1% |
| Accrued charges and deferred income | 492/3 | €1,356 | €4,175 | +€2,819 | +207.9% |
| Non-recurring operating income | 76A | - | €20,814 | +€20,814 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,465 | €22,535 | +€10,070 | +80.8% |
| Other operating charges | 640/8 | €212 | €212 | = | 0.0% |
| Gross operating margin | 9900 | €140,112 | €159,249 | +€19,137 | +13.7% |
| Operating profit (loss) | 9901 | €127,435 | €136,503 | +€9,068 | +7.1% |
| Financial income | 75/76B | €529 | €532 | +€2 | +0.4% |
| Recurring financial income | 75 | €529 | €532 | +€2 | +0.4% |
| Financial charges | 65/66B | €69 | €70 | +€1 | +1.9% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €127,895 | €136,964 | +€9,069 | +7.1% |
| Income taxes | 67/77 | €36,622 | €39,586 | +€2,964 | +8.1% |
| Profit (loss) for the period | 9904 | €91,273 | €97,378 | +€6,105 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,273 | €97,378 | +€6,105 | +6.7% |
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 6 October 2026 via checked.be.