YMEC: 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.
YMEC
Largest movements
- Tangible fixed assets +€116,227
up €116,227 (+113.8%), from €102,127 to €218,353
of which Plant, machinery and equipment: +€118,543
- Receivables within one year +€38,572
up €38,572 (+98.4%), from €39,200 to €77,772
of which Trade receivables: +€33,536
- Stocks and contracts +€12,656
up €12,656 (+13.9%), from €91,247 to €103,902
- Debts after one year +€98,859
up €98,859 (+1691.4%), from €5,845 to €104,703
- Other debts +€71,469
up €71,469 (+74.9%), from €95,473 to €166,942
- Short-term financial debts -€34,000
no longer reported in 2025 (was €34,000)
- Profit (loss) carried forward +€29,703
up €29,703 (+30.5%), from €97,484 to €127,187
- Current portion of long-term debt +€14,656
up €14,656 (+127.5%), from €11,498 to €26,153
- Staff costs +€15,656
up €15,656 (+354.6%), from €4,416 to €20,072
- Depreciation +€15,020
up €15,020 (+44.0%), from €34,104 to €49,123
- Gross operating margin +€11,069
up €11,069 (+10.8%), from €102,781 to €113,850
- Taxes -€9,336
down €9,336 (-65.7%), from €14,218 to €4,881
- Other operating charges +€2,399
up €2,399 (+112.2%), from €2,137 to €4,536
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 | €296,889 | €468,141 | +€171,252 | +57.7% |
| Fixed assets | 21/28 | €102,377 | €218,854 | +€116,477 | +113.8% |
| Tangible fixed assets | 22/27 | €102,127 | €218,353 | +€116,227 | +113.8% |
| Land and buildings | 22 | €3,355 | €2,460 | -€895 | -26.7% |
| Plant, machinery and equipment | 23 | €66,120 | €184,663 | +€118,543 | +179.3% |
| Furniture and vehicles | 24 | €32,651 | €31,230 | -€1,421 | -4.4% |
| Financial fixed assets | 28 | €251 | €501 | +€250 | +99.6% |
| Current assets | 29/58 | €194,511 | €249,287 | +€54,775 | +28.2% |
| Stocks and contracts in progress | 3 | €91,247 | €103,902 | +€12,656 | +13.9% |
| Stocks | 30/36 | €91,247 | €103,902 | +€12,656 | +13.9% |
| Amounts receivable within one year | 40/41 | €39,200 | €77,772 | +€38,572 | +98.4% |
| Trade receivables | 40 | €38,090 | €71,627 | +€33,536 | +88.0% |
| Other amounts receivable | 41 | €1,110 | €6,145 | +€5,036 | +453.7% |
| Cash at bank and in hand | 54/58 | €62,204 | €63,942 | +€1,738 | +2.8% |
| Deferred charges and accrued income | 490/1 | €1,861 | €3,671 | +€1,810 | +97.3% |
| Total equity and liabilities | 10/49 | €296,889 | €468,141 | +€171,252 | +57.7% |
| Equity | 10/15 | €102,484 | €132,187 | +€29,703 | +29.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,484 | €127,187 | +€29,703 | +30.5% |
| Amounts payable | 17/49 | €194,405 | €335,954 | +€141,549 | +72.8% |
| Amounts payable after more than one year | 17 | €5,845 | €104,703 | +€98,859 | +1691.4% |
| Financial debts | 170/4 | €5,845 | €104,703 | +€98,859 | +1691.4% |
| Amounts payable within one year | 42/48 | €188,560 | €231,251 | +€42,691 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €11,498 | €26,153 | +€14,656 | +127.5% |
| Financial debts | 43 | €34,000 | - | -€34,000 | |
| Credit institutions | 430/8 | €34,000 | - | -€34,000 | |
| Trade debts | 44 | €26,942 | €22,094 | -€4,848 | -18.0% |
| Suppliers | 440/4 | €26,942 | €22,094 | -€4,848 | -18.0% |
| Taxes, remuneration and social security | 45 | €20,647 | €16,062 | -€4,586 | -22.2% |
| Taxes | 450/3 | €20,647 | €14,984 | -€5,663 | -27.4% |
| Remuneration and social security | 454/9 | - | €1,078 | +€1,078 | |
| Other amounts payable | 47/48 | €95,473 | €166,942 | +€71,469 | +74.9% |
| Remuneration, social security and pensions | 62 | €4,416 | €20,072 | +€15,656 | +354.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,104 | €49,123 | +€15,020 | +44.0% |
| Other operating charges | 640/8 | €2,137 | €4,536 | +€2,399 | +112.2% |
| Gross operating margin | 9900 | €102,781 | €113,850 | +€11,069 | +10.8% |
| Operating profit (loss) | 9901 | €62,124 | €40,119 | -€22,005 | -35.4% |
| Financial income | 75/76B | €122 | - | -€122 | |
| Recurring financial income | 75 | €122 | - | -€122 | |
| Financial charges | 65/66B | €6,504 | €5,535 | -€969 | -14.9% |
| Recurring financial charges | 65 | €6,504 | €5,535 | -€969 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €55,742 | €34,584 | -€21,158 | -38.0% |
| Income taxes | 67/77 | €14,218 | €4,881 | -€9,336 | -65.7% |
| Profit (loss) for the period | 9904 | €41,525 | €29,703 | -€11,822 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,525 | €29,703 | -€11,822 | -28.5% |
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 30 September 2026 via checked.be.