YPERMAN: what changed
Two financial 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.
YPERMAN
Largest movements
- Tangible fixed assets -€52,611
down €52,611 (-27.4%), from €192,221 to €139,610
of which Other tangible fixed assets: -€36,654
- Intangible fixed assets -€12,500
down €12,500 (-25.0%), from €50,000 to €37,500
- Cash -€9,472
down €9,472 (-17.3%), from €54,606 to €45,134
mainly Current portion of long-term debt (-€18,794) and Debts after one year (-€16,861)
- Stocks and contracts +€5,532
new in 2025: €5,532
- Receivables within one year +€4,749
up €4,749 (+46.7%), from €10,162 to €14,911
of which Other amounts receivable: +€5,408
- Current portion of long-term debt -€18,794
down €18,794 (-52.7%), from €35,655 to €16,861
- Debts after one year -€16,861
down €16,861 (-5.9%), from €284,983 to €268,122
- Trade debts -€12,438
down €12,438 (-39.2%), from €31,701 to €19,263
- Profit (loss) carried forward -€11,359
down €11,359 (-3.2%), from -€360,310 to -€371,669
- Tax, wage and social debts -€4,903
down €4,903 (-75.3%), from €6,512 to €1,609
- Gross operating margin -€7,971
down €7,971 (-7.0%), from €113,424 to €105,453
- Depreciation +€2,512
up €2,512 (+3.3%), from €76,893 to €79,405
- Staff costs +€1,910
up €1,910 (+11.5%), from €16,565 to €18,475
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.
Derived cash bridge
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 | €323,200 | €258,253 | -€64,947 | -20.1% |
| Fixed assets | 21/28 | €242,956 | €177,110 | -€65,846 | -27.1% |
| Intangible fixed assets | 21 | €50,000 | €37,500 | -€12,500 | -25.0% |
| Tangible fixed assets | 22/27 | €192,221 | €139,610 | -€52,611 | -27.4% |
| Land and buildings | 22 | €30,871 | €21,836 | -€9,036 | -29.3% |
| Plant, machinery and equipment | 23 | €17,817 | €23,391 | +€5,574 | +31.3% |
| Furniture and vehicles | 24 | €31,585 | €19,090 | -€12,495 | -39.6% |
| Other tangible fixed assets | 26 | €111,948 | €75,294 | -€36,654 | -32.7% |
| Financial fixed assets | 28 | €735 | - | -€735 | |
| Current assets | 29/58 | €80,243 | €81,143 | +€899 | +1.1% |
| Stocks and contracts in progress | 3 | - | €5,532 | +€5,532 | |
| Stocks | 30/36 | - | €5,532 | +€5,532 | |
| Amounts receivable within one year | 40/41 | €10,162 | €14,911 | +€4,749 | +46.7% |
| Trade receivables | 40 | €6,451 | €5,791 | -€659 | -10.2% |
| Other amounts receivable | 41 | €3,711 | €9,119 | +€5,408 | +146% |
| Cash at bank and in hand | 54/58 | €54,606 | €45,134 | -€9,472 | -17.3% |
| Deferred charges and accrued income | 490/1 | €15,476 | €15,567 | +€91 | +0.6% |
| Total equity and liabilities | 10/49 | €323,200 | €258,253 | -€64,947 | -20.1% |
| Equity | 10/15 | -€310,310 | -€321,669 | -€11,359 | -3.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€360,310 | -€371,669 | -€11,359 | -3.2% |
| Amounts payable | 17/49 | €633,510 | €579,922 | -€53,588 | -8.5% |
| Amounts payable after more than one year | 17 | €284,983 | €268,122 | -€16,861 | -5.9% |
| Other amounts payable | 178/9 | €284,983 | €268,122 | -€16,861 | -5.9% |
| Amounts payable within one year | 42/48 | €348,461 | €311,733 | -€36,728 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €35,655 | €16,861 | -€18,794 | -52.7% |
| Trade debts | 44 | €31,701 | €19,263 | -€12,438 | -39.2% |
| Suppliers | 440/4 | €31,701 | €19,263 | -€12,438 | -39.2% |
| Taxes, remuneration and social security | 45 | €6,512 | €1,609 | -€4,903 | -75.3% |
| Taxes | 450/3 | €6,512 | €1,609 | -€4,903 | -75.3% |
| Other amounts payable | 47/48 | €274,593 | €274,000 | -€593 | -0.2% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | €8,197 | - | -€8,197 | |
| Remuneration, social security and pensions | 62 | €16,565 | €18,475 | +€1,910 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,893 | €79,405 | +€2,512 | +3.3% |
| Other operating charges | 640/8 | €9,066 | €9,756 | +€690 | +7.6% |
| Gross operating margin | 9900 | €113,424 | €105,453 | -€7,971 | -7.0% |
| Operating profit (loss) | 9901 | €10,901 | -€2,183 | -€13,083 | |
| Financial income | 75/76B | €16 | €286 | +€269 | +1,637% |
| Recurring financial income | 75 | €16 | €286 | +€269 | +1,637% |
| Financial charges | 65/66B | €10,211 | €9,096 | -€1,116 | -10.9% |
| Recurring financial charges | 65 | €10,211 | €9,096 | -€1,116 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €706 | -€10,993 | -€11,699 | |
| Income taxes | 67/77 | €353 | €367 | +€14 | +4.0% |
| Profit (loss) for the period | 9904 | €353 | -€11,359 | -€11,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €353 | -€11,359 | -€11,713 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.