Yellow Pepper: 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 Pepper
Largest movements
- Cash -€50,448
down €50,448 (-84.9%), from €59,423 to €8,975
mainly Other debts (-€38,333) and Receivables within one year (-€12,061)
- Receivables within one year +€12,061
up €12,061 (+93.0%), from €12,972 to €25,033
of which Trade receivables: +€12,949
- Tangible fixed assets -€5,662
down €5,662 (-23.4%), from €24,231 to €18,569
of which Land and buildings: -€3,774
- Other debts -€38,333
down €38,333 (-96.4%), from €39,778 to €1,445
- Profit (loss) carried forward -€4,326
down €4,326 (-27.2%), from -€15,904 to -€20,230
- Tax, wage and social debts -€2,020
down €2,020 (-36.0%), from €5,620 to €3,599
of which Taxes: -€2,037
- Gross operating margin +€12,044
up €12,044, from -€9,566 to €2,478
- Depreciation +€431
up €431 (+8.2%), from €5,231 to €5,662
- Other operating charges -€180
down €180 (-25.7%), from €700 to €520
- Financial income -€168
down €168 (-100.0%), from €168 to €0
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 | €102,612 | €58,647 | -€43,965 | -42.8% |
| Fixed assets | 21/28 | €24,231 | €18,569 | -€5,662 | -23.4% |
| Tangible fixed assets | 22/27 | €24,231 | €18,569 | -€5,662 | -23.4% |
| Land and buildings | 22 | €21,007 | €17,234 | -€3,774 | -18.0% |
| Plant, machinery and equipment | 23 | €468 | €0 | -€468 | -100.0% |
| Furniture and vehicles | 24 | €2,756 | €1,336 | -€1,420 | -51.5% |
| Current assets | 29/58 | €78,381 | €40,078 | -€38,303 | -48.9% |
| Amounts receivable after more than one year | 29 | €5,291 | €5,291 | = | 0.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €5,291 | €5,291 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,972 | €25,033 | +€12,061 | +93.0% |
| Trade receivables | 40 | €9,636 | €22,585 | +€12,949 | +134.4% |
| Other amounts receivable | 41 | €3,336 | €2,448 | -€888 | -26.6% |
| Cash at bank and in hand | 54/58 | €59,423 | €8,975 | -€50,448 | -84.9% |
| Deferred charges and accrued income | 490/1 | €694 | €778 | +€84 | +12.1% |
| Total equity and liabilities | 10/49 | €102,612 | €58,647 | -€43,965 | -42.8% |
| Equity | 10/15 | €55,357 | €51,031 | -€4,326 | -7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,661 | €52,661 | = | 0.0% |
| Distributable reserves | 133 | €52,661 | €52,661 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,904 | -€20,230 | -€4,326 | -27.2% |
| Amounts payable | 17/49 | €47,255 | €7,616 | -€39,639 | -83.9% |
| Amounts payable within one year | 42/48 | €47,255 | €7,616 | -€39,639 | -83.9% |
| Financial debts | 43 | €277 | €81 | -€196 | -70.9% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €277 | €81 | -€196 | -70.9% |
| Trade debts | 44 | €1,581 | €2,492 | +€911 | +57.6% |
| Suppliers | 440/4 | €1,581 | €2,492 | +€911 | +57.6% |
| Taxes, remuneration and social security | 45 | €5,620 | €3,599 | -€2,020 | -36.0% |
| Taxes | 450/3 | €3,351 | €1,314 | -€2,037 | -60.8% |
| Remuneration and social security | 454/9 | €2,269 | €2,286 | +€17 | +0.8% |
| Other amounts payable | 47/48 | €39,778 | €1,445 | -€38,333 | -96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,231 | €5,662 | +€431 | +8.2% |
| Other operating charges | 640/8 | €700 | €520 | -€180 | -25.7% |
| Gross operating margin | 9900 | -€9,566 | €2,478 | +€12,044 | |
| Operating profit (loss) | 9901 | -€15,496 | -€3,703 | +€11,792 | +76.1% |
| Financial income | 75/76B | €168 | €0 | -€168 | -100.0% |
| Recurring financial income | 75 | €168 | €0 | -€168 | -100.0% |
| Financial charges | 65/66B | €338 | €371 | +€33 | +9.8% |
| Recurring financial charges | 65 | €338 | €371 | +€33 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,666 | -€4,075 | +€11,592 | +74.0% |
| Income taxes | 67/77 | €238 | €252 | +€14 | +5.8% |
| Profit (loss) for the period | 9904 | -€15,904 | -€4,326 | +€11,578 | +72.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,904 | -€4,326 | +€11,578 | +72.8% |
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 5 October 2026 via checked.be.