YMAZE: 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.
YMAZE
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€29,709
down €29,709 (-45.2%), from €65,750 to €36,041
mainly Current investments (-€50,000) and Contributions, distributions and other (-€23,079)
- Tangible fixed assets -€1,788
down €1,788 (-20.6%), from €8,672 to €6,884
- Reserves +€13,840
up €13,840 (+16.2%), from €85,446 to €99,286
- Tax, wage and social debts +€2,036
up €2,036 (+28.1%), from €7,254 to €9,290
- Trade debts +€1,519
up €1,519 (+112%), from €1,354 to €2,873
- Gross operating margin +€8,873
up €8,873 (+19.6%), from €45,221 to €54,094
- Taxes +€2,588
up €2,588 (+21.3%), from €12,161 to €14,748
- Financial income +€600
up €600 (+5,991%), from €10 to €610
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 | €100,558 | €118,093 | +€17,535 | +17.4% |
| Fixed assets | 21/28 | €8,672 | €6,884 | -€1,788 | -20.6% |
| Tangible fixed assets | 22/27 | €8,672 | €6,884 | -€1,788 | -20.6% |
| Land and buildings | 22 | €1,863 | €1,344 | -€519 | -27.8% |
| Furniture and vehicles | 24 | €615 | €111 | -€504 | -82.0% |
| Other tangible fixed assets | 26 | €6,194 | €5,429 | -€765 | -12.4% |
| Current assets | 29/58 | €91,886 | €111,209 | +€19,323 | +21.0% |
| Amounts receivable within one year | 40/41 | €26,136 | €25,168 | -€968 | -3.7% |
| Trade receivables | 40 | €26,136 | €25,168 | -€968 | -3.7% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €65,750 | €36,041 | -€29,709 | -45.2% |
| Total equity and liabilities | 10/49 | €100,558 | €118,093 | +€17,535 | +17.4% |
| Equity | 10/15 | €91,646 | €105,486 | +€13,840 | +15.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,446 | €99,286 | +€13,840 | +16.2% |
| Distributable reserves | 133 | €85,446 | €99,286 | +€13,840 | +16.2% |
| Amounts payable | 17/49 | €8,913 | €12,608 | +€3,695 | +41.5% |
| Amounts payable within one year | 42/48 | €8,913 | €12,608 | +€3,695 | +41.5% |
| Financial debts | 43 | €15 | - | -€15 | |
| Credit institutions | 430/8 | €15 | - | -€15 | |
| Trade debts | 44 | €1,354 | €2,873 | +€1,519 | +112% |
| Suppliers | 440/4 | €1,354 | €2,873 | +€1,519 | +112% |
| Taxes, remuneration and social security | 45 | €7,254 | €9,290 | +€2,036 | +28.1% |
| Taxes | 450/3 | €7,254 | €9,290 | +€2,036 | +28.1% |
| Other amounts payable | 47/48 | €290 | €445 | +€155 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,964 | €1,788 | -€176 | -9.0% |
| Other operating charges | 640/8 | €1,172 | €1,142 | -€29 | -2.5% |
| Gross operating margin | 9900 | €45,221 | €54,094 | +€8,873 | +19.6% |
| Operating profit (loss) | 9901 | €42,086 | €51,164 | +€9,078 | +21.6% |
| Financial income | 75/76B | €10 | €610 | +€600 | +5,991% |
| Recurring financial income | 75 | €10 | €610 | +€600 | +5,991% |
| Financial charges | 65/66B | €59 | €107 | +€48 | +81.9% |
| Recurring financial charges | 65 | €59 | €107 | +€48 | +81.9% |
| Profit (loss) for the period before taxes | 9903 | €42,037 | €51,667 | +€9,630 | +22.9% |
| Income taxes | 67/77 | €12,161 | €14,748 | +€2,588 | +21.3% |
| Profit (loss) for the period | 9904 | €29,876 | €36,919 | +€7,043 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,876 | €36,919 | +€7,043 | +23.6% |
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 14 October 2026 via checked.be.