YMED: 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.
YMED
Largest movements
- Cash -€11,165
down €11,165 (-69.8%), from €15,997 to €4,833
mainly Debts after one year (-€34,610) and Tax, wage and social debts (-€5,979)
- Tangible fixed assets -€4,900
down €4,900 (-2.0%), from €249,010 to €244,110
of which Land and buildings: -€3,788
- Receivables within one year +€3,781
up €3,781 (+17.0%), from €22,283 to €26,063
- Debts after one year -€34,610
down €34,610 (-25.0%), from €138,490 to €103,880
- Reserves +€27,000
up €27,000 (+64.3%), from €42,000 to €69,000
- Tax, wage and social debts -€5,979
down €5,979 (-69.7%), from €8,582 to €2,603
- Write-downs +€22,283
new in 2025: €22,283
- Taxes -€7,596
down €7,596 (-37.0%), from €20,532 to €12,937
- Financial charges -€1,157
down €1,157 (-11.0%), from €10,559 to €9,403
- Gross operating margin -€1,086
down €1,086 (-1.4%), from €79,655 to €78,569
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 | €346,183 | €334,309 | -€11,875 | -3.4% |
| Fixed assets | 21/28 | €249,010 | €244,110 | -€4,900 | -2.0% |
| Tangible fixed assets | 22/27 | €249,010 | €244,110 | -€4,900 | -2.0% |
| Land and buildings | 22 | €245,651 | €241,863 | -€3,788 | -1.5% |
| Plant, machinery and equipment | 23 | €1,937 | €1,825 | -€112 | -5.8% |
| Furniture and vehicles | 24 | €1,422 | €422 | -€1,000 | -70.3% |
| Current assets | 29/58 | €97,173 | €90,198 | -€6,975 | -7.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €22,283 | €26,063 | +€3,781 | +17.0% |
| Other amounts receivable | 41 | €22,283 | €26,063 | +€3,781 | +17.0% |
| Current investments | 50/53 | €52,110 | €52,110 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,997 | €4,833 | -€11,165 | -69.8% |
| Deferred charges and accrued income | 490/1 | €6,783 | €7,192 | +€409 | +6.0% |
| Total equity and liabilities | 10/49 | €346,183 | €334,309 | -€11,875 | -3.4% |
| Equity | 10/15 | €198,878 | €226,482 | +€27,603 | +13.9% |
| Contributions | 10/11 | €10,100 | €10,100 | = | 0.0% |
| Reserves | 13 | €42,000 | €69,000 | +€27,000 | +64.3% |
| Distributable reserves | 133 | €42,000 | €69,000 | +€27,000 | +64.3% |
| Profit (loss) carried forward | 14 | €146,778 | €147,382 | +€603 | +0.4% |
| Amounts payable | 17/49 | €147,305 | €107,827 | -€39,478 | -26.8% |
| Amounts payable after more than one year | 17 | €138,490 | €103,880 | -€34,610 | -25.0% |
| Other amounts payable | 178/9 | €138,490 | €103,880 | -€34,610 | -25.0% |
| Amounts payable within one year | 42/48 | €8,816 | €3,947 | -€4,868 | -55.2% |
| Trade debts | 44 | €233 | €1,344 | +€1,111 | +476.4% |
| Suppliers | 440/4 | €233 | €1,344 | +€1,111 | +476.4% |
| Taxes, remuneration and social security | 45 | €8,582 | €2,603 | -€5,979 | -69.7% |
| Taxes | 450/3 | €8,582 | €2,603 | -€5,979 | -69.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,224 | €4,900 | -€324 | -6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €22,283 | +€22,283 | |
| Other operating charges | 640/8 | €1,400 | €1,444 | +€43 | +3.1% |
| Gross operating margin | 9900 | €79,655 | €78,569 | -€1,086 | -1.4% |
| Operating profit (loss) | 9901 | €73,030 | €49,943 | -€23,088 | -31.6% |
| Financial income | 75/76B | €554 | €0 | -€554 | -100.0% |
| Recurring financial income | 75 | €554 | €0 | -€554 | -100.0% |
| Financial charges | 65/66B | €10,559 | €9,403 | -€1,157 | -11.0% |
| Recurring financial charges | 65 | €10,559 | €9,403 | -€1,157 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €63,025 | €40,540 | -€22,484 | -35.7% |
| Income taxes | 67/77 | €20,532 | €12,937 | -€7,596 | -37.0% |
| Profit (loss) for the period | 9904 | €42,492 | €27,603 | -€14,889 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,492 | €27,603 | -€14,889 | -35.0% |
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 4 October 2026 via checked.be.