YMDS: 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.
YMDS
Largest movements
- Receivables within one year +€31,022
up €31,022 (+2636.9%), from €1,176 to €32,199
of which Trade receivables: +€27,923
- Cash -€14,042
down €14,042 (-98.4%), from €14,265 to €223
mainly Receivables within one year (-€31,022) and Net result for the year (-€21,957)
- Tangible fixed assets -€6,452
down €6,452 (-22.3%), from €28,996 to €22,543
of which Plant, machinery and equipment: -€4,442
- Profit (loss) carried forward -€21,957
down €21,957 (-18.3%), from -€119,769 to -€141,726
- Trade debts +€17,351
up €17,351 (+183.0%), from €9,480 to €26,831
- Other debts +€14,817
up €14,817 (+10.8%), from €136,832 to €151,649
- Tax, wage and social debts -€10,671
down €10,671 (-90.5%), from €11,789 to €1,118
of which Remuneration and social security: -€10,406
- Advances received +€10,365
new in 2025: €10,365
- Gross operating margin -€90,195
down €90,195 (-86.1%), from €104,792 to €14,598
- Staff costs -€86,199
down €86,199 (-77.8%), from €110,846 to €24,646
- Depreciation -€6,991
down €6,991 (-52.0%), from €13,443 to €6,452
- Other operating charges +€4,181
new in 2025: €4,181
- Financial charges -€2,981
down €2,981 (-70.1%), from €4,255 to €1,274
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 | €44,532 | €55,060 | +€10,528 | +23.6% |
| Fixed assets | 21/28 | €29,091 | €22,638 | -€6,452 | -22.2% |
| Tangible fixed assets | 22/27 | €28,996 | €22,543 | -€6,452 | -22.3% |
| Plant, machinery and equipment | 23 | €22,582 | €18,139 | -€4,442 | -19.7% |
| Furniture and vehicles | 24 | €4,826 | €3,128 | -€1,698 | -35.2% |
| Other tangible fixed assets | 26 | €1,588 | €1,276 | -€312 | -19.7% |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €15,442 | €32,421 | +€16,980 | +110.0% |
| Amounts receivable within one year | 40/41 | €1,176 | €32,199 | +€31,022 | +2636.9% |
| Trade receivables | 40 | €1,097 | €29,020 | +€27,923 | +2545.2% |
| Other amounts receivable | 41 | €79 | €3,178 | +€3,099 | +3903.6% |
| Cash at bank and in hand | 54/58 | €14,265 | €223 | -€14,042 | -98.4% |
| Total equity and liabilities | 10/49 | €44,532 | €55,060 | +€10,528 | +23.6% |
| Equity | 10/15 | -€113,569 | -€135,526 | -€21,957 | -19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,769 | -€141,726 | -€21,957 | -18.3% |
| Amounts payable | 17/49 | €158,102 | €190,586 | +€32,484 | +20.5% |
| Amounts payable within one year | 42/48 | €158,102 | €190,586 | +€32,484 | +20.5% |
| Financial debts | 43 | - | €622 | +€622 | |
| Credit institutions | 430/8 | - | €622 | +€622 | |
| Trade debts | 44 | €9,480 | €26,831 | +€17,351 | +183.0% |
| Suppliers | 440/4 | €9,480 | €26,831 | +€17,351 | +183.0% |
| Advances received on contracts in progress | 46 | - | €10,365 | +€10,365 | |
| Taxes, remuneration and social security | 45 | €11,789 | €1,118 | -€10,671 | -90.5% |
| Taxes | 450/3 | €294 | €29 | -€265 | -90.2% |
| Remuneration and social security | 454/9 | €11,495 | €1,090 | -€10,406 | -90.5% |
| Other amounts payable | 47/48 | €136,832 | €151,649 | +€14,817 | +10.8% |
| Remuneration, social security and pensions | 62 | €110,846 | €24,646 | -€86,199 | -77.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,443 | €6,452 | -€6,991 | -52.0% |
| Other operating charges | 640/8 | - | €4,181 | +€4,181 | |
| Non-recurring operating charges | 66A | €40,506 | - | -€40,506 | |
| Gross operating margin | 9900 | €104,792 | €14,598 | -€90,195 | -86.1% |
| Operating profit (loss) | 9901 | -€60,002 | -€20,682 | +€39,320 | +65.5% |
| Financial income | 75/76B | €100 | - | -€100 | |
| Recurring financial income | 75 | €100 | - | -€100 | |
| Financial charges | 65/66B | €4,255 | €1,274 | -€2,981 | -70.1% |
| Recurring financial charges | 65 | €4,255 | €1,274 | -€2,981 | -70.1% |
| Profit (loss) for the period before taxes | 9903 | -€64,157 | -€21,957 | +€42,201 | +65.8% |
| Profit (loss) for the period | 9904 | -€64,157 | -€21,957 | +€42,201 | +65.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,157 | -€21,957 | +€42,201 | +65.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.