YPIMAC: 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.
YPIMAC
Largest movements
- Cash +€137,915
up €137,915 (+32.1%), from €430,306 to €568,221
mainly Net result for the year (+€168,789) and Current investments (+€22,000)
- Current investments -€22,000
down €22,000 (-13.1%), from €168,000 to €146,000
- Receivables within one year +€9,702
up €9,702 (+27.8%), from €34,903 to €44,606
of which Other amounts receivable: +€5,095
- Reserves +€112,000
up €112,000 (+21.8%), from €514,259 to €626,259
of which Distributable reserves: +€112,000
- Other debts +€13,928
up €13,928 (+36.3%), from €38,322 to €52,250
- Gross operating margin +€19,476
up €19,476 (+8.6%), from €226,226 to €245,702
- Taxes +€7,527
up €7,527 (+11.4%), from €65,888 to €73,416
- Depreciation -€5,056
down €5,056 (-76.8%), from €6,582 to €1,526
- Other operating charges -€5,014
down €5,014 (-75.3%), from €6,655 to €1,642
- Financial charges +€4,526
up €4,526 (+362.5%), from €1,249 to €5,774
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 | €640,314 | €762,514 | +€122,200 | +19.1% |
| Fixed assets | 21/28 | €4,013 | €1,336 | -€2,677 | -66.7% |
| Tangible fixed assets | 22/27 | €3,988 | €1,311 | -€2,677 | -67.1% |
| Plant, machinery and equipment | 23 | €1,670 | €1,311 | -€359 | -21.5% |
| Furniture and vehicles | 24 | €2,317 | €0 | -€2,317 | -100.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €636,301 | €761,178 | +€124,877 | +19.6% |
| Amounts receivable within one year | 40/41 | €34,903 | €44,606 | +€9,702 | +27.8% |
| Trade receivables | 40 | €26,780 | €31,388 | +€4,608 | +17.2% |
| Other amounts receivable | 41 | €8,123 | €13,218 | +€5,095 | +62.7% |
| Current investments | 50/53 | €168,000 | €146,000 | -€22,000 | -13.1% |
| Cash at bank and in hand | 54/58 | €430,306 | €568,221 | +€137,915 | +32.1% |
| Deferred charges and accrued income | 490/1 | €3,093 | €2,351 | -€741 | -24.0% |
| Total equity and liabilities | 10/49 | €640,314 | €762,514 | +€122,200 | +19.1% |
| Equity | 10/15 | €541,452 | €655,240 | +€113,789 | +21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €514,259 | €626,259 | +€112,000 | +21.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €512,399 | €624,399 | +€112,000 | +21.9% |
| Profit (loss) carried forward | 14 | €8,593 | €10,381 | +€1,789 | +20.8% |
| Amounts payable | 17/49 | €98,862 | €107,273 | +€8,411 | +8.5% |
| Amounts payable within one year | 42/48 | €98,695 | €107,058 | +€8,363 | +8.5% |
| Trade debts | 44 | €11,903 | €8,681 | -€3,222 | -27.1% |
| Suppliers | 440/4 | €11,903 | €8,681 | -€3,222 | -27.1% |
| Taxes, remuneration and social security | 45 | €48,470 | €46,127 | -€2,343 | -4.8% |
| Taxes | 450/3 | €44,470 | €43,063 | -€1,407 | -3.2% |
| Remuneration and social security | 454/9 | €4,000 | €3,064 | -€936 | -23.4% |
| Other amounts payable | 47/48 | €38,322 | €52,250 | +€13,928 | +36.3% |
| Accrued charges and deferred income | 492/3 | €168 | €216 | +€48 | +28.5% |
| Non-recurring operating income | 76A | - | €24,648 | +€24,648 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,582 | €1,526 | -€5,056 | -76.8% |
| Other operating charges | 640/8 | €6,655 | €1,642 | -€5,014 | -75.3% |
| Gross operating margin | 9900 | €226,226 | €245,702 | +€19,476 | +8.6% |
| Operating profit (loss) | 9901 | €212,989 | €242,534 | +€29,545 | +13.9% |
| Financial income | 75/76B | €3,423 | €5,445 | +€2,022 | +59.1% |
| Recurring financial income | 75 | €3,423 | €5,445 | +€2,022 | +59.1% |
| Financial charges | 65/66B | €1,249 | €5,774 | +€4,526 | +362.5% |
| Recurring financial charges | 65 | €1,249 | €5,774 | +€4,526 | +362.5% |
| Profit (loss) for the period before taxes | 9903 | €215,163 | €242,204 | +€27,042 | +12.6% |
| Income taxes | 67/77 | €65,888 | €73,416 | +€7,527 | +11.4% |
| Profit (loss) for the period | 9904 | €149,275 | €168,789 | +€19,514 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €149,275 | €168,789 | +€19,514 | +13.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.