Equity
€112,615 ▲ 42.4%
SPRING YELLOW has made a profit in every financial year since 2023.
SPRING YELLOW
Overview
Lifetime
3 annual accounts with figures on one time axispeak €88,829 (2024)
€57,341▼ 35.4%
peak €59,995 (2024)
€33,507▼ 44.2%
peak €112,615 (2025)
€112,615▲ 42.4%
€21,305▼ 8.8%
Board1 name since 2023
1 directorBAISE Delphine
Documentsfilings and deeds
09-06-202652 days before the deadline
2025micro format
Gross margin from €88,829 to €57,341Result from €59,995 to €33,507Equity from €79,108 to €112,615Cash from €81,011 to €109,203
Key points
from the 2025 annual accountsTurnover
≈ €120,000 estimated
The micro format states no turnover.
Liquidity
6.18 was 4.21 in 2024
Short-term debts fell from €23,351 to €21,305.
Filings
3 annual accounts 1 late
The 2023 accounts came 29 days late. The other two were filed on time.
Starting capital
€5,000 100 shares
Position in the sector
84.1%
Higher solvency than 82% of companies in head offices and management consultancy. Sector median 55.5% · 39,360 companies.
Checked score
98
Excellent
Financially stronger than 85% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,568 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Liquidity: current ratio 6.18, cash €109,203
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €112,615 (84.1% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 90% on liquidity, 84% on profitability and 78% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as SPRING YELLOW has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SPRING YELLOW itself is lower: < 0.1% within 12 months. It rests on far more data about SPRING YELLOW than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for SPRING YELLOW. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.18 (4.21 in 2024), above the usual 1.5. Short-term debt is 15.9% and cash 81.5% of total assets. 15.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
52 days early
2024
49 days early
2023
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 24 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 June (3 of the last 3 accounts filed within 79 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Incorporation
Founding capital of €5,000, 100 shares · Founder: BAISE Delphine · Appointment: BAISE Delphine (director) · published on 02-06-2023 · Gazette deed
First establishment
Rue Piraumont 27C, Villers-la-Ville
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SPRING YELLOW Villers-la-Ville | €133,920 | €57,341 | 84.1% | - |
| CBA MANAGEMENT Grez-Doiceau | €132,483 | €58,205 | 15.4% | - |
| F.W. ADVISORY Nivelles | €128,534 | €58,250 | 80.5% | - |
| NEXIALIST Rixensart | €123,194 | €59,385 | 82.1% | - |
| SMC Services Grez-Doiceau | €120,226 | €52,766 | 69.8% | - |
| SENSEI Consult Tubize | €133,307 | €50,327 | 97.0% | - |
| I.C. - Consultancy Mont-Saint-Guibert | €118,379 | €58,523 | 26.0% | - |
These companies have the same main activity as SPRING YELLOW: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €118,000 and €133,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 31-05-2023Normal situation
- Activity
- Business and other management consultancyNACE 70200and 5 others
- Establishment unit
- 2.345.914.6131495 Villers-la-Ville, since 31-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €57,341▼ 35.4%
- €33,507▼ 44.2%
- €112,615▲ 42.4%
- €133,920▲ 30.7%
- Filing
- Filed on 09-06-2026, 52 days before the end of the filing period
Insights on SPRING YELLOW
SPRING YELLOW files the micro format. That format states no turnover. The gross margin rose from €19,698 in 2023 to €57,341 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 09-06-2026, 52 days before the deadline€57,341
▼ 35.4%
€53,530
▼ 39.1%
€33,507
▼ 44.2%
€110,289
▲ 46.9%
84.1%
▲ 6.9 percentage points
6.18
▲ 1.96
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €88,000 and €150,000.
Balance sheet
balance sheet total €133,920 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
84.1%
Higher than 82% of 39,360 companies in 2025.
6.18
Higher than 82% of 38,044 companies in 2025.
25.0%
Higher than 65% of 38,516 companies in 2025.
SPRING YELLOW
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
133,920 | 102,459 | 31,945 | |
21/28 |
2,326 | 4,044 | 1,254 | |
22/27 |
2,326 | 4,044 | 1,254 | |
23 |
230 | 345 | - | |
24 |
2,096 | 3,699 | 1,254 | |
29/58 |
131,594 | 98,415 | 30,690 | |
40/41 |
12,677 | 16,654 | - | |
40 |
10,159 | 16,654 | - | |
41 |
2,518 | - | - | |
54/58 |
109,203 | 81,011 | 30,690 | |
490/1 |
9,714 | 750 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
133,920 | 102,459 | 31,945 | |
10/15 |
112,615 | 79,108 | 19,114 | |
10/11 |
5,000 | 5,000 | 5,000 | |
13 |
106,900 | 73,500 | 14,000 | |
133 |
106,900 | 73,500 | 14,000 | |
14 |
715 | 608 | 114 | |
17/49 |
21,305 | 23,351 | 12,831 | |
42/48 |
21,305 | 23,351 | 10,311 | |
44 |
4,440 | 3,364 | 2,149 | |
440/4 |
4,440 | 3,364 | 2,149 | |
45 |
16,865 | 19,387 | 8,162 | |
450/3 |
16,865 | 19,387 | 8,162 | |
47/48 |
- | 600 | - | |
492/3 |
- | - | 2,520 | |
| Income statement | ||||
9900 |
57,341 | 88,829 | 19,698 | |
62 |
943 | - | - | |
630 |
1,718 | 990 | 121 | |
640/8 |
1,151 | - | - | |
9901 |
53,530 | 87,840 | 19,577 | |
75/76B |
8 | 8 | - | |
75 |
8 | 8 | - | |
65/66B |
4,612 | 4,273 | 31 | |
65 |
4,612 | 4,273 | 31 | |
9903 |
48,926 | 83,575 | 19,546 | |
67/77 |
15,420 | 23,580 | 5,432 | |
9904 |
33,507 | 59,995 | 14,114 | |
9905 |
33,507 | 59,995 | 14,114 | |
| Appropriation of the result | ||||
9906 |
34,115 | 60,108 | 14,114 | |
14P |
608 | 114 | - | |
691/2 |
33,400 | 59,500 | 14,000 | |
6921 |
33,400 | 59,500 | 14,000 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 09-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 55,248 | 88,829 | 19,698 | ||
| 35,225 | 60,984 | 14,234 | ||
| 0 | 3,779 | 1,375 | ||
| 28,192 | 50,321 | - | ||
| 110,289 | 75,064 | 20,379 | ||
| 84.1% | 77.2% | 59.8% | ||
| 6.18 | 4.21 | 2.98 | ||
| 0.19 | 0.30 | 0.67 | ||
| 29.8% | 75.8% | 73.8% | ||
| 25.0% | 58.6% | 44.2% | ||
| 11.98 | 20.79 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €3,779 | €1,375 |
| €1,718 | €990 | €121 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on SPRING YELLOW
The operating result for 2025 is 39% lower than in 2024.
Debt's share of the balance-sheet total falls from 22.8% to 15.9%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 31-05-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 09-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”deed of 02-06-2023
Mandates through the years
1 name, the dashed line is todayBAISE Delphine
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BAISE Delphine
- Director (not named in the articles), from 31-05-2023 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €1,126 in 2025
- Source
- deed of 02-06-2023
Articles of association
deed of 02-06-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 02-06-2023 ↗
- BAISE Delphine 100 shares (100%) · €5,000 in cash
Network & group
No group
SPRING YELLOW has no parent and no holdings in its annual accounts. BAISE Delphine is the only director. SPRING YELLOW shares no director with another company.
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 52 days before the deadline
2025
Equity above €100,000 equity €112,615 ▲42.4% With a profit in every financial year since 2023, equity grows to €112,615.
Annual accounts 2024 filed PDFmicro format · 49 days before the deadline
2024
Highest result from 2023 to 2025 net €59,995 ▲325% The operating result of €87,840 and the net result of €59,995 are both a record.
Annual accounts 2023 filed PDFmicro format · 29 days late
2023
IncorporationFounding capital of €5,000, 100 shares · Founder: BAISE Delphine · Appointment: BAISE Delphine (director) · published on 02-06-20235 points ▸
- Founder, BAISE Delphine
- Founding capital, €5,000, 100 shares
- 100 shares
- Registered office clause, Sart-Dames-Avelines, rue Piraumont 27C, 1495 Villers-la-Ville
- Director appointment, BAISE Delphine (director (not named in the articles))
- The deed holds 4 more points.
First establishment Rue Piraumont 27C, Villers-la-Ville
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
SPRING YELLOW was incorporated on 31 May 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 Since 2023, BAISE Delphine has served as director.3 Total assets rose from €31,945 in 2023 to €133,920 in 2025.4
Company details
Identity
- Enterprise number
- 0802.271.360
- VAT number
- BE 0802.271.360
- Peppol ID
- 0208:0802271360
- Other Peppol ID
- 9925:BE0802271360
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 31-05-2023
- Financial year
- ends on 31 December
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SPRING YELLOW in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 02-06-2023 (in French)
Activities
NACEBEL 2025VAT activities
70200
Business and other management consultancy main activity
73110
Advertising agencies
85409
Education
85592
Vocational training
Social security (RSZ) activities
73300
Public relations and communication consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
70210
Activities of head offices; management consultancy activities
73110
Advertising, market research and public relations activities
78300
Employment activities
85429
Education
85592
Vocational training
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'acquisition par souscription ou achat et la gestion d'actions,d'obligations,de bons de caisse et d'autres valeurs mobilières,comme des…”deed of 02-06-2023 (in French)
18 activities
- L'acquisition par souscription ou achat et la gestion d'actions,d'obligations,de bons de caisse et d'autres valeurs mobilières,comme des œuvres d’art,généralement quelconques,de sociétés belges ou étrangères,existantes ou à constituer,ainsi que la gestion d'un patrimoine mobilier
- La constitution et la gestion d'un patrimoine immobilier,l'acquisition,la vente,l'échange,la construction,la transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens immobiliers,ainsi que toutes opérations qui,directement ou indirectement sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine immobilier
- Les conseils en stratégie de sponsoring,pour l’organisateur comme pour les marques/entreprises
- Les conseils en stratégie événementielle,la création de concepts événementiels,les études de faisabilité,la coordination de projets,l’analyse de risques et de budgets pour des projets événementiels
- Les conseils et coordination de projets relevant de la gestion de la marque (branding)
- Les conseils et coordination de projets relevant des relations presse et de la communication corporate
- Le conseil,la gestion et la création de campagnes marketing ou de communication externe ou interne,d’activités promotionnelles et de communication,tel que l’utilisation du sponsoring,la création et l’organisation d’évènements,de conférences,de stands pour des foires,de webinaires,d’emails,de site web,d’articles de contenu,de vidéos,de podcasts,de brochures,de supports digitaux,de matériels promotionnels,etc.
- La coordination de toutes les activités liées à l’organisation d’événements incluant la sous-traitance à tous les prestataires impliqués dans une organisation événementielle,y compris l’engagement de personnel pour compte propre ou pour le compte d’un tiers (hôtesses,promo teams),etc.
- La gestion de projets liée à l'implémentation de méthodologies et d’outils de mesures de performance ou d’optimisation des campagnes de communication,y inclus des études de marché
- L’aide à la structuration d’une approche commerciale de sponsoring ainsi que la promotion ou la vente de droits de sponsoring détenus par des organisateurs d’événements ou porteurs de projets
- Toutes activités se rapportant au domaine de la publicité,du design graphique,et de la communication au sens large
- Le conseil,la gestion et la création de projets d’accompagnement du changement dans les organisations incluant la préparation et l’animation de workshops sur mesure en interne et en externe,le conseil à la direction,la recommandation stratégique et la gestion de crise
- La création,la diffusion,à travers un programme physique/événementiel ou digital,d'un programme de formation dans les domaines susmentionnés ainsi que l’enseignement de ces matières dans le monde académique
- Le coaching en groupe ou en individuel dans les domaines susmentionnés
- La création,l'édition et la diffusion d’articles et d'ouvrages sur tout support ou via tout média de communication existant ou à créer
- La recherche,la conception,le développement,l'hébergement,la production,la commercialisation et la communication de tous services,produits et technologies liés à l'objet et sans que cette énumération soit limitative
- L'interim management et la gestion d’équipes pour le compte de tiers dans les domaines évoqués ci-dessus
- L’aide au recrutement et le recrutement de profils spécialisés dans les domaines mentionnés
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue Piraumont 27C registered office 1495 Villers-la-Ville | 31-05-2023 | 2.345.914.613 |
Buildings and parcels at the address
- Ground area
- 980 m²
- Buildings
- 103 m²
- Volume, LiDAR
- 704 m³
- Tallest building
- 8.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25098B0102/00V000 | 980 m² | 1 · 102 m² | 8.8 m · 2 |