Yellow-HR: 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.
Yellow-HR
Largest movements
- Cash +€79,008
up €79,008 (+149%), from €53,178 to €132,186
mainly Net result for the year (+€126,364) and Depreciation (+€33,722)
- Tangible fixed assets -€28,796
down €28,796 (-2.7%), from €1.0m to €1.0m
of which Land and buildings: -€25,017
- Receivables within one year -€21,008
down €21,008 (-21.5%), from €97,605 to €76,597
of which Trade receivables: -€21,008
- Reserves +€126,364
up €126,364 (+21.0%), from €600,881 to €727,245
- Other debts -€54,920
down €54,920 (-47.2%), from €116,316 to €61,396
- Debts after one year -€23,154
down €23,154 (-5.6%), from €414,763 to €391,609
- Tax, wage and social debts -€20,119
down €20,119 (-44.8%), from €44,865 to €24,745
of which Taxes: -€20,869
- Taxes +€5,196
up €5,196 (+12.8%), from €40,436 to €45,632
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 | €1,203,390 | €1,231,345 | +€27,954 | +2.3% |
| Fixed assets | 21/28 | €1,048,601 | €1,019,805 | -€28,796 | -2.7% |
| Tangible fixed assets | 22/27 | €1,048,601 | €1,019,805 | -€28,796 | -2.7% |
| Land and buildings | 22 | €1,029,717 | €1,004,699 | -€25,017 | -2.4% |
| Plant, machinery and equipment | 23 | €13,021 | €12,113 | -€908 | -7.0% |
| Furniture and vehicles | 24 | €5,864 | €2,993 | -€2,871 | -49.0% |
| Current assets | 29/58 | €154,789 | €211,539 | +€56,750 | +36.7% |
| Amounts receivable within one year | 40/41 | €97,605 | €76,597 | -€21,008 | -21.5% |
| Trade receivables | 40 | €97,605 | €76,597 | -€21,008 | -21.5% |
| Other amounts receivable | 41 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €53,178 | €132,186 | +€79,008 | +149% |
| Deferred charges and accrued income | 490/1 | €4,006 | €2,756 | -€1,250 | -31.2% |
| Total equity and liabilities | 10/49 | €1,203,390 | €1,231,345 | +€27,954 | +2.3% |
| Equity | 10/15 | €602,881 | €729,245 | +€126,364 | +21.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €600,881 | €727,245 | +€126,364 | +21.0% |
| Distributable reserves | 133 | €600,881 | €727,245 | +€126,364 | +21.0% |
| Amounts payable | 17/49 | €600,510 | €502,100 | -€98,410 | -16.4% |
| Amounts payable after more than one year | 17 | €414,763 | €391,609 | -€23,154 | -5.6% |
| Financial debts | 170/4 | €414,763 | €391,609 | -€23,154 | -5.6% |
| Amounts payable within one year | 42/48 | €185,746 | €110,491 | -€75,256 | -40.5% |
| Current portion of amounts payable after more than one year | 42 | €22,253 | €23,154 | +€901 | +4.0% |
| Trade debts | 44 | €2,312 | €1,195 | -€1,117 | -48.3% |
| Suppliers | 440/4 | €2,312 | €1,195 | -€1,117 | -48.3% |
| Taxes, remuneration and social security | 45 | €44,865 | €24,745 | -€20,119 | -44.8% |
| Taxes | 450/3 | €44,865 | €23,995 | -€20,869 | -46.5% |
| Remuneration and social security | 454/9 | - | €750 | +€750 | |
| Other amounts payable | 47/48 | €116,316 | €61,396 | -€54,920 | -47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,181 | €33,722 | +€1,541 | +4.8% |
| Other operating charges | 640/8 | €2,038 | €2,334 | +€296 | +14.5% |
| Gross operating margin | 9900 | €215,650 | €217,355 | +€1,705 | +0.8% |
| Operating profit (loss) | 9901 | €181,431 | €181,300 | -€131 | -0.1% |
| Financial income | 75/76B | €165 | €6 | -€159 | -96.3% |
| Recurring financial income | 75 | €165 | €6 | -€159 | -96.3% |
| Financial charges | 65/66B | €8,599 | €9,310 | +€711 | +8.3% |
| Recurring financial charges | 65 | €8,599 | €9,310 | +€711 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €172,997 | €171,996 | -€1,001 | -0.6% |
| Income taxes | 67/77 | €40,436 | €45,632 | +€5,196 | +12.8% |
| Profit (loss) for the period | 9904 | €132,561 | €126,364 | -€6,197 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €132,561 | €126,364 | -€6,197 | -4.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.