YELLOW VISION: 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 VISION
Largest movements
- Tangible fixed assets -€38,135
down €38,135 (-91.5%), from €41,676 to €3,541
- Cash +€19,754
up €19,754 (+25.5%), from €77,352 to €97,106
mainly Net result for the year (+€24,875) and Investment in fixed assets (net) (+€21,901)
- Deferred charges and accrued income +€14,136
new in 2025: €14,136
- Receivables within one year +€10,855
up €10,855 (+62.6%), from €17,352 to €28,207
of which Trade receivables: +€10,351
- Debts after one year -€26,906
no longer reported in 2025 (was €26,906)
- Profit (loss) carried forward +€24,875
up €24,875 (+45.8%), from €54,332 to €79,207
- Current portion of long-term debt +€14,920
up €14,920 (+78.4%), from €19,032 to €33,952
- Tax, wage and social debts -€5,692
down €5,692 (-20.9%), from €27,290 to €21,598
of which Remuneration and social security: -€3,177
- Other debts -€2,456
down €2,456 (-64.3%), from €3,820 to €1,364
- Gross operating margin -€47,808
down €47,808 (-48.1%), from €99,346 to €51,538
- Taxes -€8,393
down €8,393 (-46.9%), from €17,880 to €9,487
- Financial charges -€5,702
down €5,702 (-92.6%), from €6,159 to €457
- Depreciation -€2,485
down €2,485 (-13.3%), from €18,719 to €16,234
- Other operating charges -€1,555
down €1,555 (-58.5%), from €2,657 to €1,102
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 | €136,380 | €142,990 | +€6,610 | +4.8% |
| Fixed assets | 21/28 | €41,676 | €3,541 | -€38,135 | -91.5% |
| Tangible fixed assets | 22/27 | €41,676 | €3,541 | -€38,135 | -91.5% |
| Furniture and vehicles | 24 | €41,676 | €3,541 | -€38,135 | -91.5% |
| Current assets | 29/58 | €94,704 | €139,449 | +€44,745 | +47.2% |
| Amounts receivable within one year | 40/41 | €17,352 | €28,207 | +€10,855 | +62.6% |
| Trade receivables | 40 | €15,149 | €25,500 | +€10,351 | +68.3% |
| Other amounts receivable | 41 | €2,203 | €2,707 | +€504 | +22.9% |
| Cash at bank and in hand | 54/58 | €77,352 | €97,106 | +€19,754 | +25.5% |
| Deferred charges and accrued income | 490/1 | - | €14,136 | +€14,136 | |
| Total equity and liabilities | 10/49 | €136,380 | €142,990 | +€6,610 | +4.8% |
| Equity | 10/15 | €59,332 | €84,207 | +€24,875 | +41.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,332 | €79,207 | +€24,875 | +45.8% |
| Amounts payable | 17/49 | €77,048 | €58,783 | -€18,264 | -23.7% |
| Amounts payable after more than one year | 17 | €26,906 | - | -€26,906 | |
| Financial debts | 170/4 | €26,906 | - | -€26,906 | |
| Amounts payable within one year | 42/48 | €50,142 | €58,783 | +€8,641 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €19,032 | €33,952 | +€14,920 | +78.4% |
| Trade debts | 44 | - | €1,869 | +€1,869 | |
| Suppliers | 440/4 | - | €1,869 | +€1,869 | |
| Taxes, remuneration and social security | 45 | €27,290 | €21,598 | -€5,692 | -20.9% |
| Taxes | 450/3 | €24,113 | €21,598 | -€2,515 | -10.4% |
| Remuneration and social security | 454/9 | €3,177 | - | -€3,177 | |
| Other amounts payable | 47/48 | €3,820 | €1,364 | -€2,456 | -64.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,719 | €16,234 | -€2,485 | -13.3% |
| Other operating charges | 640/8 | €2,657 | €1,102 | -€1,555 | -58.5% |
| Gross operating margin | 9900 | €99,346 | €51,538 | -€47,808 | -48.1% |
| Operating profit (loss) | 9901 | €77,970 | €34,202 | -€43,769 | -56.1% |
| Financial income | 75/76B | €401 | €616 | +€216 | +53.9% |
| Recurring financial income | 75 | €401 | €616 | +€216 | +53.9% |
| Financial charges | 65/66B | €6,159 | €457 | -€5,702 | -92.6% |
| Recurring financial charges | 65 | €6,159 | €457 | -€5,702 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €72,212 | €34,361 | -€37,851 | -52.4% |
| Income taxes | 67/77 | €17,880 | €9,487 | -€8,393 | -46.9% |
| Profit (loss) for the period | 9904 | €54,332 | €24,875 | -€29,458 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,332 | €24,875 | -€29,458 | -54.2% |
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 24 October 2026 via checked.be.