Ytram: 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.
Ytram
Largest movements
- Cash -€78,700
down €78,700 (-80.2%), from €98,191 to €19,490
mainly Contributions, distributions and other (-€170,000) and Other debts (-€40,660)
- Current investments -€34,731
down €34,731 (-24.9%), from €139,399 to €104,668
- Receivables within one year +€5,705
up €5,705 (+21.5%), from €26,574 to €32,278
of which Trade receivables: +€14,741
- Tangible fixed assets -€5,307
down €5,307 (-49.3%), from €10,765 to €5,458
of which Furniture and vehicles: -€4,841
- Reserves -€76,636
down €76,636 (-35.6%), from €215,300 to €138,664
- Other debts -€40,660
down €40,660 (-98.7%), from €41,176 to €516
- Tax, wage and social debts +€2,902
up €2,902 (+7,741%), from €37 to €2,940
of which Remuneration and social security: +€2,902
- Gross operating margin +€38,071
up €38,071 (+43.8%), from €86,830 to €124,901
- Taxes +€8,718
up €8,718 (+52.2%), from €16,714 to €25,432
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 | €275,278 | €162,600 | -€112,678 | -40.9% |
| Fixed assets | 21/28 | €10,765 | €5,458 | -€5,307 | -49.3% |
| Tangible fixed assets | 22/27 | €10,765 | €5,458 | -€5,307 | -49.3% |
| Plant, machinery and equipment | 23 | €975 | €508 | -€466 | -47.8% |
| Furniture and vehicles | 24 | €9,790 | €4,949 | -€4,841 | -49.4% |
| Current assets | 29/58 | €264,513 | €157,142 | -€107,371 | -40.6% |
| Amounts receivable within one year | 40/41 | €26,574 | €32,278 | +€5,705 | +21.5% |
| Trade receivables | 40 | €15,666 | €30,406 | +€14,741 | +94.1% |
| Other amounts receivable | 41 | €10,908 | €1,872 | -€9,036 | -82.8% |
| Current investments | 50/53 | €139,399 | €104,668 | -€34,731 | -24.9% |
| Cash at bank and in hand | 54/58 | €98,191 | €19,490 | -€78,700 | -80.2% |
| Deferred charges and accrued income | 490/1 | €350 | €705 | +€356 | +102% |
| Total equity and liabilities | 10/49 | €275,278 | €162,600 | -€112,678 | -40.9% |
| Equity | 10/15 | €233,900 | €157,264 | -€76,636 | -32.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €215,300 | €138,664 | -€76,636 | -35.6% |
| Distributable reserves | 133 | €215,300 | €138,664 | -€76,636 | -35.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,378 | €5,336 | -€36,042 | -87.1% |
| Amounts payable within one year | 42/48 | €41,378 | €5,336 | -€36,042 | -87.1% |
| Financial debts | 43 | €43 | €137 | +€94 | +216% |
| Credit institutions | 430/8 | €43 | €0 | -€43 | -100% |
| Other loans | 439 | - | €137 | +€137 | |
| Trade debts | 44 | €120 | €1,743 | +€1,623 | +1,348% |
| Suppliers | 440/4 | €120 | €1,743 | +€1,623 | +1,348% |
| Taxes, remuneration and social security | 45 | €37 | €2,940 | +€2,902 | +7,741% |
| Taxes | 450/3 | €37 | €37 | = | 0.0% |
| Remuneration and social security | 454/9 | €0 | €2,902 | +€2,902 | |
| Other amounts payable | 47/48 | €41,176 | €516 | -€40,660 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,265 | €5,307 | +€42 | +0.8% |
| Other operating charges | 640/8 | €1,219 | €679 | -€540 | -44.3% |
| Gross operating margin | 9900 | €86,830 | €124,901 | +€38,071 | +43.8% |
| Operating profit (loss) | 9901 | €80,347 | €118,916 | +€38,569 | +48.0% |
| Financial income | 75/76B | €169 | €0 | -€169 | -100% |
| Recurring financial income | 75 | €169 | €0 | -€169 | -100% |
| Financial charges | 65/66B | €114 | €119 | +€5 | +4.8% |
| Recurring financial charges | 65 | €114 | €119 | +€5 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €80,402 | €118,796 | +€38,395 | +47.8% |
| Income taxes | 67/77 | €16,714 | €25,432 | +€8,718 | +52.2% |
| Profit (loss) for the period | 9904 | €63,688 | €93,364 | +€29,676 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,688 | €93,364 | +€29,676 | +46.6% |
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 18 October 2026 via checked.be.