YMS: 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.
YMS
Largest movements
- Tangible fixed assets +€78,839
up €78,839 (+179.8%), from €43,847 to €122,686
of which Land and buildings: +€82,701
- Cash -€24,681
down €24,681 (-76.0%), from €32,472 to €7,791
mainly Investment in fixed assets (net) (-€101,965) and Receivables within one year (-€2,707)
- Receivables within one year +€2,707
up €2,707 (+18.0%), from €15,077 to €17,784
of which Other amounts receivable: +€2,383
- Profit (loss) carried forward +€46,985
up €46,985 (+73.2%), from €64,150 to €111,135
- Tax, wage and social debts +€13,755
up €13,755 (+60.3%), from €22,813 to €36,568
of which Taxes: +€12,275
- Accrued charges and deferred income -€2,265
down €2,265 (-100.0%), from €2,265 to €0
- Gross operating margin +€21,050
up €21,050 (+24.2%), from €86,877 to €107,926
- Staff costs +€10,943
up €10,943 (+89.2%), from €12,271 to €23,214
- Depreciation +€3,996
up €3,996 (+21.7%), from €18,392 to €22,388
- Taxes +€2,245
up €2,245 (+18.7%), from €11,998 to €14,242
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 | €92,645 | €150,703 | +€58,057 | +62.7% |
| Formation expenses | 20 | €1,005 | €743 | -€262 | -26.1% |
| Fixed assets | 21/28 | €43,847 | €123,686 | +€79,839 | +182.1% |
| Tangible fixed assets | 22/27 | €43,847 | €122,686 | +€78,839 | +179.8% |
| Land and buildings | 22 | - | €82,701 | +€82,701 | |
| Plant, machinery and equipment | 23 | €179 | €696 | +€517 | +289.4% |
| Furniture and vehicles | 24 | €43,668 | €37,529 | -€6,139 | -14.1% |
| Other tangible fixed assets | 26 | - | €1,760 | +€1,760 | |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €47,794 | €26,274 | -€21,520 | -45.0% |
| Amounts receivable within one year | 40/41 | €15,077 | €17,784 | +€2,707 | +18.0% |
| Trade receivables | 40 | €15,077 | €15,401 | +€325 | +2.2% |
| Other amounts receivable | 41 | - | €2,383 | +€2,383 | |
| Cash at bank and in hand | 54/58 | €32,472 | €7,791 | -€24,681 | -76.0% |
| Deferred charges and accrued income | 490/1 | €245 | €699 | +€454 | +185.5% |
| Total equity and liabilities | 10/49 | €92,645 | €150,703 | +€58,057 | +62.7% |
| Equity | 10/15 | €66,650 | €113,635 | +€46,985 | +70.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,150 | €111,135 | +€46,985 | +73.2% |
| Amounts payable | 17/49 | €25,996 | €37,068 | +€11,072 | +42.6% |
| Amounts payable within one year | 42/48 | €23,731 | €37,068 | +€13,337 | +56.2% |
| Trade debts | 44 | €428 | €500 | +€72 | +16.9% |
| Suppliers | 440/4 | €428 | €500 | +€72 | +16.9% |
| Taxes, remuneration and social security | 45 | €22,813 | €36,568 | +€13,755 | +60.3% |
| Taxes | 450/3 | €21,154 | €33,429 | +€12,275 | +58.0% |
| Remuneration and social security | 454/9 | €1,659 | €3,139 | +€1,480 | +89.2% |
| Other amounts payable | 47/48 | €490 | €0 | -€490 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,265 | €0 | -€2,265 | -100.0% |
| Remuneration, social security and pensions | 62 | €12,271 | €23,214 | +€10,943 | +89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,392 | €22,388 | +€3,996 | +21.7% |
| Other operating charges | 640/8 | €1,047 | €1,060 | +€13 | +1.2% |
| Gross operating margin | 9900 | €86,877 | €107,926 | +€21,050 | +24.2% |
| Operating profit (loss) | 9901 | €55,167 | €61,264 | +€6,097 | +11.1% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €39 | €57 | +€18 | +46.6% |
| Recurring financial charges | 65 | €39 | €57 | +€18 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | €55,128 | €61,227 | +€6,099 | +11.1% |
| Income taxes | 67/77 | €11,998 | €14,242 | +€2,245 | +18.7% |
| Profit (loss) for the period | 9904 | €43,130 | €46,985 | +€3,855 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,130 | €46,985 | +€3,855 | +8.9% |
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 7 October 2026 via checked.be.