Yellow 7: 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.
Yellow 7
Largest movements
- Current investments +€57,072
up €57,072 (+207.5%), from €27,500 to €84,572
- Cash -€38,226
down €38,226 (-15.7%), from €244,087 to €205,861
mainly Current investments (-€57,072) and Investment in fixed assets (net) (-€37,776)
- Tangible fixed assets +€32,219
up €32,219 (+140.0%), from €23,012 to €55,231
of which Land and buildings: +€33,476
- Reserves +€99,555
up €99,555 (+48.5%), from €205,219 to €304,774
- Tax, wage and social debts -€28,998
down €28,998 (-43.5%), from €66,601 to €37,603
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Gross operating margin -€4,022
down €4,022 (-2.9%), from €137,212 to €133,190
- Depreciation +€3,419
up €3,419 (+159.9%), from €2,138 to €5,557
- Taxes -€1,734
down €1,734 (-6.0%), from €28,989 to €27,256
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 | €294,599 | €346,931 | +€52,332 | +17.8% |
| Fixed assets | 21/28 | €23,012 | €55,231 | +€32,219 | +140.0% |
| Tangible fixed assets | 22/27 | €23,012 | €55,231 | +€32,219 | +140.0% |
| Land and buildings | 22 | - | €33,476 | +€33,476 | |
| Plant, machinery and equipment | 23 | €4,309 | €4,781 | +€472 | +11.0% |
| Furniture and vehicles | 24 | €18,703 | €16,974 | -€1,729 | -9.2% |
| Current assets | 29/58 | €271,587 | €291,700 | +€20,113 | +7.4% |
| Current investments | 50/53 | €27,500 | €84,572 | +€57,072 | +207.5% |
| Cash at bank and in hand | 54/58 | €244,087 | €205,861 | -€38,226 | -15.7% |
| Deferred charges and accrued income | 490/1 | - | €1,267 | +€1,267 | |
| Total equity and liabilities | 10/49 | €294,599 | €346,931 | +€52,332 | +17.8% |
| Equity | 10/15 | €223,819 | €304,774 | +€80,955 | +36.2% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €205,219 | €304,774 | +€99,555 | +48.5% |
| Distributable reserves | 133 | €205,219 | €304,774 | +€99,555 | +48.5% |
| Amounts payable | 17/49 | €70,780 | €42,157 | -€28,623 | -40.4% |
| Amounts payable within one year | 42/48 | €70,780 | €42,157 | -€28,623 | -40.4% |
| Trade debts | 44 | €976 | €1,598 | +€622 | +63.7% |
| Suppliers | 440/4 | €976 | €1,598 | +€622 | +63.7% |
| Taxes, remuneration and social security | 45 | €66,601 | €37,603 | -€28,998 | -43.5% |
| Taxes | 450/3 | €66,601 | €37,603 | -€28,998 | -43.5% |
| Other amounts payable | 47/48 | €3,202 | €2,956 | -€246 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,138 | €5,557 | +€3,419 | +159.9% |
| Other operating charges | 640/8 | €234 | €626 | +€392 | +167.3% |
| Gross operating margin | 9900 | €137,212 | €133,190 | -€4,022 | -2.9% |
| Operating profit (loss) | 9901 | €134,839 | €127,007 | -€7,833 | -5.8% |
| Financial income | 75/76B | €44 | €1,326 | +€1,282 | +2920.9% |
| Recurring financial income | 75 | €44 | €1,326 | +€1,282 | +2920.9% |
| Financial charges | 65/66B | €1,734 | €1,522 | -€212 | -12.2% |
| Recurring financial charges | 65 | €1,734 | €1,522 | -€212 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €133,150 | €126,811 | -€6,339 | -4.8% |
| Income taxes | 67/77 | €28,989 | €27,256 | -€1,734 | -6.0% |
| Profit (loss) for the period | 9904 | €104,160 | €99,555 | -€4,605 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €104,160 | €99,555 | -€4,605 | -4.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.