YTM Projects: 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.
YTM Projects
Largest movements
- Tangible fixed assets +€30,810
new in 2024: €30,810
- Receivables within one year +€17,434
up €17,434 (+158.7%), from €10,989 to €28,423
of which Other amounts receivable: +€26,346
- Cash -€6,030
down €6,030 (-60.4%), from €9,982 to €3,952
mainly Investment in fixed assets (net) (-€31,113) and Receivables within one year (-€17,434)
- Trade debts +€24,210
new in 2024: €24,210
- Other debts +€11,000
new in 2024: €11,000
- Tax, wage and social debts +€4,228
up €4,228 (+68.0%), from €6,215 to €10,443
- Reserves +€3,087
up €3,087 (+24.1%), from €12,833 to €15,920
- Other operating charges +€8,143
up €8,143 (+6585.2%), from €124 to €8,267
- Gross operating margin -€3,215
down €3,215 (-17.0%), from €18,890 to €15,675
- Taxes -€1,988
down €1,988 (-32.0%), from €6,215 to €4,228
- Financial income -€282
no longer reported in 2024 (was €282)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,048 | €63,573 | +€42,525 | +202.0% |
| Fixed assets | 21/28 | - | €31,113 | +€31,113 | |
| Tangible fixed assets | 22/27 | - | €30,810 | +€30,810 | |
| Land and buildings | 22 | - | €30,810 | +€30,810 | |
| Financial fixed assets | 28 | - | €303 | +€303 | |
| Current assets | 29/58 | €21,048 | €32,460 | +€11,412 | +54.2% |
| Amounts receivable within one year | 40/41 | €10,989 | €28,423 | +€17,434 | +158.7% |
| Trade receivables | 40 | €8,912 | - | -€8,912 | |
| Other amounts receivable | 41 | €2,076 | €28,423 | +€26,346 | +1268.9% |
| Cash at bank and in hand | 54/58 | €9,982 | €3,952 | -€6,030 | -60.4% |
| Deferred charges and accrued income | 490/1 | €78 | €86 | +€8 | +10.3% |
| Total equity and liabilities | 10/49 | €21,048 | €63,573 | +€42,525 | +202.0% |
| Equity | 10/15 | €14,833 | €17,920 | +€3,087 | +20.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €12,833 | €15,920 | +€3,087 | +24.1% |
| Distributable reserves | 133 | €12,833 | €15,920 | +€3,087 | +24.1% |
| Amounts payable | 17/49 | €6,215 | €45,653 | +€39,438 | +634.5% |
| Amounts payable within one year | 42/48 | €6,215 | €45,653 | +€39,438 | +634.5% |
| Trade debts | 44 | - | €24,210 | +€24,210 | |
| Suppliers | 440/4 | - | €24,210 | +€24,210 | |
| Taxes, remuneration and social security | 45 | €6,215 | €10,443 | +€4,228 | +68.0% |
| Taxes | 450/3 | €6,215 | €10,443 | +€4,228 | +68.0% |
| Other amounts payable | 47/48 | - | €11,000 | +€11,000 | |
| Other operating charges | 640/8 | €124 | €8,267 | +€8,143 | +6585.2% |
| Gross operating margin | 9900 | €18,890 | €15,675 | -€3,215 | -17.0% |
| Operating profit (loss) | 9901 | €18,766 | €7,408 | -€11,358 | -60.5% |
| Financial income | 75/76B | €282 | - | -€282 | |
| Recurring financial income | 75 | €282 | - | -€282 | |
| Financial charges | 65/66B | €0 | €94 | +€94 | +62480.0% |
| Recurring financial charges | 65 | €0 | €94 | +€94 | +62480.0% |
| Profit (loss) for the period before taxes | 9903 | €19,048 | €7,315 | -€11,733 | -61.6% |
| Income taxes | 67/77 | €6,215 | €4,228 | -€1,988 | -32.0% |
| Profit (loss) for the period | 9904 | €12,833 | €3,087 | -€9,746 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,833 | €3,087 | -€9,746 | -75.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.