YMEP: 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.
YMEP
Largest movements
- Cash +€77,637
up €77,637 (+63.6%), from €122,003 to €199,640
mainly Net result for the year (+€57,089) and Depreciation (+€36,902)
- Tangible fixed assets -€33,716
down €33,716 (-43.6%), from €77,341 to €43,626
of which Leasing and similar rights: -€44,877
- Deferred charges and accrued income -€20,744
down €20,744 (-48.5%), from €42,738 to €21,994
- Receivables within one year -€5,240
down €5,240 (-5.2%), from €101,646 to €96,406
of which Other amounts receivable: -€8,491
- Reserves +€23,845
up €23,845 (+8.2%), from €289,564 to €313,409
of which Distributable reserves: +€25,705
- Trade debts -€5,425
down €5,425 (-32.8%), from €16,558 to €11,133
- Gross operating margin -€2,324
down €2,324 (-1.8%), from €132,753 to €130,428
- Depreciation -€2,055
down €2,055 (-5.3%), from €38,957 to €36,902
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 | €346,998 | €364,935 | +€17,936 | +5.2% |
| Fixed assets | 21/28 | €80,611 | €46,896 | -€33,716 | -41.8% |
| Tangible fixed assets | 22/27 | €77,341 | €43,626 | -€33,716 | -43.6% |
| Plant, machinery and equipment | 23 | €4,381 | €2,051 | -€2,331 | -53.2% |
| Furniture and vehicles | 24 | €28,083 | €41,575 | +€13,492 | +48.0% |
| Leasing and similar rights | 25 | €44,877 | €0 | -€44,877 | -100.0% |
| Financial fixed assets | 28 | €3,270 | €3,270 | = | 0.0% |
| Current assets | 29/58 | €266,387 | €318,039 | +€51,652 | +19.4% |
| Amounts receivable within one year | 40/41 | €101,646 | €96,406 | -€5,240 | -5.2% |
| Trade receivables | 40 | €40,040 | €43,291 | +€3,251 | +8.1% |
| Other amounts receivable | 41 | €61,606 | €53,115 | -€8,491 | -13.8% |
| Cash at bank and in hand | 54/58 | €122,003 | €199,640 | +€77,637 | +63.6% |
| Deferred charges and accrued income | 490/1 | €42,738 | €21,994 | -€20,744 | -48.5% |
| Total equity and liabilities | 10/49 | €346,998 | €364,935 | +€17,936 | +5.2% |
| Equity | 10/15 | €295,761 | €319,607 | +€23,845 | +8.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €289,564 | €313,409 | +€23,845 | +8.2% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100.0% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100.0% |
| Tax-exempt reserves | 132 | €26,593 | €26,593 | = | 0.0% |
| Distributable reserves | 133 | €261,112 | €286,816 | +€25,705 | +9.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €51,237 | €45,328 | -€5,909 | -11.5% |
| Amounts payable within one year | 42/48 | €51,237 | €45,328 | -€5,909 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €3,367 | €0 | -€3,367 | -100.0% |
| Trade debts | 44 | €16,558 | €11,133 | -€5,425 | -32.8% |
| Suppliers | 440/4 | €16,558 | €11,133 | -€5,425 | -32.8% |
| Taxes, remuneration and social security | 45 | €31,312 | €34,195 | +€2,882 | +9.2% |
| Taxes | 450/3 | €31,312 | €34,195 | +€2,882 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,957 | €36,902 | -€2,055 | -5.3% |
| Other operating charges | 640/8 | €3,841 | €4,703 | +€862 | +22.4% |
| Gross operating margin | 9900 | €132,753 | €130,428 | -€2,324 | -1.8% |
| Operating profit (loss) | 9901 | €89,954 | €88,823 | -€1,132 | -1.3% |
| Financial income | 75/76B | €31 | €4 | -€27 | -87.3% |
| Recurring financial income | 75 | €31 | €4 | -€27 | -87.3% |
| Financial charges | 65/66B | €1,382 | €965 | -€417 | -30.2% |
| Recurring financial charges | 65 | €1,382 | €965 | -€417 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €88,603 | €87,861 | -€742 | -0.8% |
| Income taxes | 67/77 | €30,966 | €30,772 | -€194 | -0.6% |
| Profit (loss) for the period | 9904 | €57,637 | €57,089 | -€548 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,637 | €57,089 | -€548 | -1.0% |
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 29 September 2026 via checked.be.