YELLOW
YELLOW has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207k and a net result of €26k. Equity is growing by ~17% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
| Equity | €207k |
| Net result | €26k |
| Active | 32 yrs |
| Locations | 1 |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €52k | €53k | €74k | €80k |
| Net profit | €26k | €26k | €41k | €62k |
| Cash flow | €36k | €36k | €51k | €72k |
| Staff costs | - | - | - | - |
| Income taxes | €13k | €14k | €18k | €2k |
| Dividends | - | - | - | - |
| Total assets | €318k | €336k | €327k | €287k |
| Equity | €207k | €181k | €155k | €114k |
| Debt | €110k | €155k | €171k | €173k |
| of which ≤ 1y | €94k | €111k | €102k | €82k |
| of which > 1y | €14k | €41k | €66k | €91k |
| Working capital | €-12k | €-22k | €-19k | €-49k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.87 | 0.81 | 0.81 | 0.41 |
| Quick ratio | 0.87 | 0.81 | 0.81 | 0.41 |
| Working capital ratio | -3.8% | -6.4% | -5.9% | -17.0% |
| Solvency | 65.2% | 53.9% | 47.5% | 39.9% |
| Debt / equity | 0.53 | 0.85 | 1.11 | 1.51 |
| Long-term debt ratio | 0.07 | 0.22 | 0.43 | 0.79 |
| Interest coverage | 18.31 | 13.23 | 14.22 | 11.66 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 8.2% | 7.7% | 12.5% | 21.6% |
| ROE | 12.6% | 14.3% | 26.3% | 54.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €318k | €336k | €327k | €287k |
| Fixed assets | 21/28 | €236k | €246k | €244k | €254k |
| Tangible fixed assets | 22/27 | €236k | €246k | €244k | €254k |
| Current assets | 29/58 | €81k | €89k | €83k | €33k |
| Amounts receivable within one year | 40/41 | €10k | €16k | €3k | €3k |
| Cash & bank | 54/58 | €71k | €73k | €80k | €30k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €318k | €336k | €327k | €287k |
| Equity | 10/15 | €207k | €181k | €155k | €114k |
| Contributions / capital | 10/11 | €131k | €131k | €131k | €131k |
| Reserves | 13 | €76k | €50k | €24k | - |
| Accumulated profits (losses) | 14 | - | - | - | €-17k |
| Amounts payable | 17/49 | €110k | €155k | €171k | €173k |
| Amounts payable after one year | 17 | €14k | €41k | €66k | €91k |
| Amounts payable within one year | 42/48 | €94k | €111k | €102k | €82k |
| Trade debts payable within one year | 44 | €112 | €112 | €5k | €703 |
| Income statement | |||||
| Gross operating margin | 9900 | €58k | €60k | €81k | €84k |
| Operating result | 9901 | €42k | €44k | €64k | €70k |
| Financial income | 75 | - | €1 | €0 | - |
| Financial charges | 65 | €3k | €4k | €5k | €7k |
| Result before taxes | 9903 | €39k | €40k | €58k | €64k |
| Income taxes | 67/77 | €13k | €14k | €18k | €2k |
| Net result for the period | 9904 | €26k | €26k | €41k | €62k |
| Result to be appropriated | 9905 | €26k | €26k | €41k | €62k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 27-04-1994 |
| Status | Active |
| Postal code | 1190 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0035/00T013 | Brussels | 1,041 m² | 1 · 200 m² | 10.7 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-12-2023 Discharge granted to the board
Technical details
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"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cidera \u00E0 la prochaine assembl\u00E9e g\u00E9n\u00E9rale annuelle sur la d\u00E9charge au(x) g\u00E9rant(s) d\u00E9missionnaire(s) pour l\u2019ex\u00E9cution de son (leur) mandat(s).",
"decharge_status": "pending_next_agm",
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}
],
"notary": {
"name": "Quentin DE RUYDTS",
"firm_city": null,
"firm_name": "Jean MARTROYE DE JOLY \u0026 Quentin DE RUYDTS, Notaires associ\u00E9s",
"office_city": "Forest-Bruxelles",
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},
"act_meta": {
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"pub_date": "2023-12-28",
"filing_date": "2023-12-23",
"act_kind_objet": "Objet de l\u0027acte:"
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"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-13",
"unanimous": true
}
],
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"subject_company": {
"kbo": "0452.507.968",
"name_full": "YELLOW MODELS AGENCY",
"legal_form": "SRL"
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"corrected_publication_numac": null
}| Legal nameFR | YELLOW |