Yellow Jersey: 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.
What changed
Yellow Jersey
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€49,530
2024 · -€16,826+€66,356
Equity
€283,822
2024 · €234,292+€49,530
Cash
€7,308
2024 · €8,244-€936
Balance sheet total
€426,220
2024 · €369,307+€56,912
Largest movements
Assets
- Receivables within one year +€65,595
up €65,595 (+19.1%), from €343,404 to €409,000
of which Other amounts receivable: +€38,042
Equity and liabilities
- Reserves +€50,000
up €50,000 (+29.2%), from €171,200 to €221,200
of which Distributable reserves: +€50,000
- Trade debts +€6,602
up €6,602 (+9.4%), from €70,361 to €76,963
Income statement
- Gross operating margin +€102,525
up €102,525 (+41.8%), from €245,521 to €348,047
- Turnover +€70,703
up €70,703 (+8.7%), from €810,658 to €881,361
- Purchases and services -€18,426
down €18,426 (-3.2%), from €574,785 to €556,359
- Taxes +€18,059
up €18,059 (+2,029%), from €890 to €18,949
- Staff costs +€17,501
up €17,501 (+7.0%), from €248,305 to €265,806
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.
Result 2024
-€16,826
Gross operating margin
+€102,525
Staff costs
-€17,501
Depreciation
+€114
Write-downs
-€122
Other operating charges
+€607
Other operating items
-€698
Financial income
-€1,586
Financial charges
+€1,075
Taxes
-€18,059
Result 2025
€49,530
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1,291
Investment
-€2,227
Financing
€0
Cash 2024
€8,244
From operations (derived)
+€1,291
Net result for the year
+€49,530
Depreciation
+€6,149
Receivables within one year
-€65,595
Deferred charges and accrued income
+€3,825
Provisions
+€122
Trade debts
+€6,602
Tax, wage and social debts
-€191
Accrued charges and deferred income
+€850
Investment (derived)
-€2,227
Investment in fixed assets (net)
-€2,227
Cash 2025
€7,308
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €369,307 | €426,220 | +€56,912 | +15.4% |
| Fixed assets | 21/28 | €9,589 | €5,666 | -€3,923 | -40.9% |
| Tangible fixed assets | 22/27 | €9,589 | €5,666 | -€3,923 | -40.9% |
| Plant, machinery and equipment | 23 | €9,589 | €5,666 | -€3,923 | -40.9% |
| Current assets | 29/58 | €359,719 | €420,554 | +€60,835 | +16.9% |
| Amounts receivable within one year | 40/41 | €343,404 | €409,000 | +€65,595 | +19.1% |
| Trade receivables | 40 | €128,512 | €156,066 | +€27,554 | +21.4% |
| Other amounts receivable | 41 | €214,892 | €252,934 | +€38,042 | +17.7% |
| Cash at bank and in hand | 54/58 | €8,244 | €7,308 | -€936 | -11.4% |
| Deferred charges and accrued income | 490/1 | €8,071 | €4,246 | -€3,825 | -47.4% |
| Total equity and liabilities | 10/49 | €369,307 | €426,220 | +€56,912 | +15.4% |
| Equity | 10/15 | €234,292 | €283,822 | +€49,530 | +21.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €171,200 | €221,200 | +€50,000 | +29.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €165,000 | €215,000 | +€50,000 | +30.3% |
| Profit (loss) carried forward | 14 | €1,092 | €622 | -€470 | -43.1% |
| Provisions and deferred taxes | 16 | - | €122 | +€122 | |
| Provisions for liabilities and charges | 160/5 | - | €122 | +€122 | |
| Pensions and similar obligations | 160 | - | €122 | +€122 | |
| Amounts payable | 17/49 | €135,015 | €142,276 | +€7,261 | +5.4% |
| Amounts payable within one year | 42/48 | €128,365 | €134,776 | +€6,411 | +5.0% |
| Trade debts | 44 | €70,361 | €76,963 | +€6,602 | +9.4% |
| Suppliers | 440/4 | €70,361 | €76,963 | +€6,602 | +9.4% |
| Taxes, remuneration and social security | 45 | €58,004 | €57,813 | -€191 | -0.3% |
| Taxes | 450/3 | €29,094 | €33,990 | +€4,896 | +16.8% |
| Remuneration and social security | 454/9 | €28,910 | €23,823 | -€5,087 | -17.6% |
| Accrued charges and deferred income | 492/3 | €6,650 | €7,500 | +€850 | +12.8% |
| Turnover | 70 | €810,658 | €881,361 | +€70,703 | +8.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €574,785 | €556,359 | -€18,426 | -3.2% |
| Remuneration, social security and pensions | 62 | €248,305 | €265,806 | +€17,501 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,263 | €6,149 | -€114 | -1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €122 | +€122 | |
| Other operating charges | 640/8 | €2,458 | €1,851 | -€607 | -24.7% |
| Non-recurring operating charges | 66A | - | €698 | +€698 | |
| Gross operating margin | 9900 | €245,521 | €348,047 | +€102,525 | +41.8% |
| Operating profit (loss) | 9901 | -€11,505 | €73,420 | +€84,925 | |
| Financial income | 75/76B | €5,173 | €3,588 | -€1,586 | -30.6% |
| Recurring financial income | 75 | €4,993 | €3,588 | -€1,405 | -28.1% |
| Non-recurring financial income | 76B | €180 | - | -€180 | |
| Financial charges | 65/66B | €9,605 | €8,530 | -€1,075 | -11.2% |
| Recurring financial charges | 65 | €9,605 | €8,530 | -€1,075 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,936 | €68,478 | +€84,414 | |
| Income taxes | 67/77 | €890 | €18,949 | +€18,059 | +2,029% |
| Profit (loss) for the period | 9904 | -€16,826 | €49,530 | +€66,356 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,826 | €49,530 | +€66,356 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.