YELLOH: 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.
YELLOH
Largest movements
- Current investments -€55,000
down €55,000 (-11.7%), from €470,000 to €415,000
- Cash +€19,745
up €19,745 (+7.6%), from €260,806 to €280,551
mainly Net result for the year (+€56,861) and Current investments (+€55,000)
- Tangible fixed assets +€14,706
up €14,706, from €0 to €14,706
of which Plant, machinery and equipment: +€14,706
- Other debts -€58,728
down €58,728 (-20.8%), from €282,017 to €223,289
- Reserves +€56,861
up €56,861 (+14.8%), from €384,490 to €441,351
of which Distributable reserves: +€56,861
- Short-term financial debts -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Advances received +€8,480
new in 2025: €8,480
- Gross operating margin +€47,800
up €47,800 (+138.3%), from €34,563 to €82,362
- Taxes +€15,855
up €15,855 (+137.1%), from €11,564 to €27,419
- Depreciation -€2,983
down €2,983 (-47.5%), from €6,277 to €3,294
- Financial income -€1,275
down €1,275 (-17.4%), from €7,312 to €6,037
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 | €749,863 | €736,592 | -€13,272 | -1.8% |
| Fixed assets | 21/28 | €0 | €14,706 | +€14,706 | |
| Tangible fixed assets | 22/27 | €0 | €14,706 | +€14,706 | |
| Plant, machinery and equipment | 23 | - | €14,706 | +€14,706 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €749,863 | €721,886 | -€27,977 | -3.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €19,058 | €26,335 | +€7,278 | +38.2% |
| Trade receivables | 40 | €19,058 | €26,335 | +€7,278 | +38.2% |
| Current investments | 50/53 | €470,000 | €415,000 | -€55,000 | -11.7% |
| Cash at bank and in hand | 54/58 | €260,806 | €280,551 | +€19,745 | +7.6% |
| Total equity and liabilities | 10/49 | €749,863 | €736,592 | -€13,272 | -1.8% |
| Equity | 10/15 | €403,090 | €459,951 | +€56,861 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €384,490 | €441,351 | +€56,861 | +14.8% |
| 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 | €382,630 | €439,491 | +€56,861 | +14.9% |
| Amounts payable | 17/49 | €346,773 | €276,641 | -€70,132 | -20.2% |
| Amounts payable within one year | 42/48 | €346,773 | €276,641 | -€70,132 | -20.2% |
| Financial debts | 43 | €20,000 | €0 | -€20,000 | -100.0% |
| Credit institutions | 430/8 | €20,000 | €0 | -€20,000 | -100.0% |
| Trade debts | 44 | €43,638 | €39,209 | -€4,429 | -10.1% |
| Suppliers | 440/4 | €43,638 | €39,209 | -€4,429 | -10.1% |
| Advances received on contracts in progress | 46 | - | €8,480 | +€8,480 | |
| Taxes, remuneration and social security | 45 | €1,118 | €5,662 | +€4,544 | +406.3% |
| Taxes | 450/3 | €1,118 | €5,662 | +€4,544 | +406.3% |
| Other amounts payable | 47/48 | €282,017 | €223,289 | -€58,728 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,277 | €3,294 | -€2,983 | -47.5% |
| Other operating charges | 640/8 | €707 | €547 | -€160 | -22.6% |
| Gross operating margin | 9900 | €34,563 | €82,362 | +€47,800 | +138.3% |
| Operating profit (loss) | 9901 | €27,579 | €78,521 | +€50,942 | +184.7% |
| Financial income | 75/76B | €7,312 | €6,037 | -€1,275 | -17.4% |
| Recurring financial income | 75 | €7,312 | €6,037 | -€1,275 | -17.4% |
| Financial charges | 65/66B | €227 | €278 | +€51 | +22.5% |
| Recurring financial charges | 65 | €227 | €278 | +€51 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €34,663 | €84,280 | +€49,616 | +143.1% |
| Income taxes | 67/77 | €11,564 | €27,419 | +€15,855 | +137.1% |
| Profit (loss) for the period | 9904 | €23,100 | €56,861 | +€33,761 | +146.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,100 | €56,861 | +€33,761 | +146.2% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.