Yellow Selectie.: 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 Selectie.
Largest movements
- Cash -€34,656
down €34,656 (-85.1%), from €40,723 to €6,067
mainly Net result for the year (-€49,561) and Current portion of long-term debt (-€9,704)
- Deferred charges and accrued income -€21,771
down €21,771 (-93.5%), from €23,289 to €1,519
- Profit (loss) carried forward -€49,561
down €49,561 (-195%), from -€25,453 to -€75,014
- Other debts +€10,450
up €10,450 (+1,406%), from €743 to €11,193
- Current portion of long-term debt -€9,704
no longer reported in 2025 (was €9,704)
- Tax, wage and social debts -€5,259
down €5,259 (-30.1%), from €17,450 to €12,191
of which Remuneration and social security: -€4,582
- Trade debts -€3,986
down €3,986 (-5.0%), from €80,181 to €76,195
- Gross operating margin -€43,883
down €43,883 (-49.0%), from €89,496 to €45,614
- Staff costs -€21,343
down €21,343 (-18.7%), from €114,209 to €92,866
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 | €147,327 | €89,247 | -€58,080 | -39.4% |
| Fixed assets | 21/28 | €8,384 | €7,602 | -€782 | -9.3% |
| Tangible fixed assets | 22/27 | €1,282 | €277 | -€1,005 | -78.4% |
| Furniture and vehicles | 24 | €1,282 | €277 | -€1,005 | -78.4% |
| Financial fixed assets | 28 | €7,102 | €7,325 | +€223 | +3.1% |
| Current assets | 29/58 | €138,943 | €81,645 | -€57,298 | -41.2% |
| Amounts receivable within one year | 40/41 | €74,931 | €74,060 | -€871 | -1.2% |
| Trade receivables | 40 | €24,170 | €35,580 | +€11,410 | +47.2% |
| Other amounts receivable | 41 | €50,761 | €38,479 | -€12,281 | -24.2% |
| Cash at bank and in hand | 54/58 | €40,723 | €6,067 | -€34,656 | -85.1% |
| Deferred charges and accrued income | 490/1 | €23,289 | €1,519 | -€21,771 | -93.5% |
| Total equity and liabilities | 10/49 | €147,327 | €89,247 | -€58,080 | -39.4% |
| Equity | 10/15 | €39,229 | -€10,332 | -€49,561 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,082 | €46,082 | = | 0.0% |
| Distributable reserves | 133 | €46,082 | €46,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,453 | -€75,014 | -€49,561 | -195% |
| Amounts payable | 17/49 | €108,097 | €99,579 | -€8,519 | -7.9% |
| Amounts payable within one year | 42/48 | €108,097 | €99,579 | -€8,519 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €9,704 | - | -€9,704 | |
| Financial debts | 43 | €20 | - | -€20 | |
| Credit institutions | 430/8 | €20 | - | -€20 | |
| Trade debts | 44 | €80,181 | €76,195 | -€3,986 | -5.0% |
| Suppliers | 440/4 | €80,181 | €76,195 | -€3,986 | -5.0% |
| Taxes, remuneration and social security | 45 | €17,450 | €12,191 | -€5,259 | -30.1% |
| Taxes | 450/3 | €5,659 | €4,983 | -€676 | -12.0% |
| Remuneration and social security | 454/9 | €11,790 | €7,208 | -€4,582 | -38.9% |
| Other amounts payable | 47/48 | €743 | €11,193 | +€10,450 | +1,406% |
| Remuneration, social security and pensions | 62 | €114,209 | €92,866 | -€21,343 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,008 | €1,005 | -€3 | -0.3% |
| Other operating charges | 640/8 | €451 | €922 | +€471 | +104% |
| Gross operating margin | 9900 | €89,496 | €45,614 | -€43,883 | -49.0% |
| Operating profit (loss) | 9901 | -€26,172 | -€49,179 | -€23,007 | -87.9% |
| Financial income | 75/76B | €10 | €22 | +€12 | +118% |
| Recurring financial income | 75 | €10 | €22 | +€12 | +118% |
| Financial charges | 65/66B | €1,057 | €404 | -€653 | -61.8% |
| Recurring financial charges | 65 | €1,057 | €404 | -€653 | -61.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,219 | -€49,561 | -€22,342 | -82.1% |
| Profit (loss) for the period | 9904 | -€27,219 | -€49,561 | -€22,342 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,219 | -€49,561 | -€22,342 | -82.1% |
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 14 October 2026 via checked.be.