YELLOWBRICK: 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.
YELLOWBRICK
Largest movements
- Receivables within one year -€47,535
down €47,535 (-5.3%), from €893,465 to €845,929
of which Trade receivables: -€48,928
- Tangible fixed assets +€22,728
up €22,728 (+163.3%), from €13,914 to €36,642
of which Plant, machinery and equipment: +€23,127
- Trade debts -€159,560
down €159,560 (-82.3%), from €193,964 to €34,404
- Profit (loss) carried forward +€108,416
up €108,416 (+8.6%), from -€1.3m to -€1.2m
- Other debts +€94,940
up €94,940 (+8.4%), from €1.1m to €1.2m
- Debts after one year -€45,812
down €45,812 (-6.2%), from €744,430 to €698,618
- Tax, wage and social debts -€18,690
down €18,690 (-50.2%), from €37,207 to €18,516
of which Remuneration and social security: -€12,989
- Gross operating margin +€102,414
up €102,414 (+39.7%), from €257,680 to €360,095
- Financial charges +€27,529
up €27,529 (+25.1%), from €109,688 to €137,216
of which Non-recurring financial charges: +€18,274
- Staff costs -€17,687
down €17,687 (-12.9%), from €136,709 to €119,022
- Financial income +€13,911
up €13,911, from €0 to €13,911
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 | €913,033 | €888,279 | -€24,754 | -2.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €18,804 | €38,509 | +€19,705 | +104.8% |
| Intangible fixed assets | 21 | €4,890 | €1,867 | -€3,023 | -61.8% |
| Tangible fixed assets | 22/27 | €13,914 | €36,642 | +€22,728 | +163.3% |
| Plant, machinery and equipment | 23 | €13,054 | €36,181 | +€23,127 | +177.2% |
| Furniture and vehicles | 24 | €860 | €461 | -€399 | -46.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €894,229 | €849,770 | -€44,460 | -5.0% |
| Amounts receivable within one year | 40/41 | €893,465 | €845,929 | -€47,535 | -5.3% |
| Trade receivables | 40 | €893,410 | €844,482 | -€48,928 | -5.5% |
| Other amounts receivable | 41 | €55 | €1,447 | +€1,392 | +2536.3% |
| Cash at bank and in hand | 54/58 | €147 | €3,400 | +€3,254 | +2217.7% |
| Deferred charges and accrued income | 490/1 | €618 | €440 | -€178 | -28.8% |
| Total equity and liabilities | 10/49 | €913,033 | €888,279 | -€24,754 | -2.7% |
| Equity | 10/15 | -€1,201,191 | -€1,092,774 | +€108,416 | +9.0% |
| 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% |
| Profit (loss) carried forward | 14 | -€1,263,191 | -€1,154,774 | +€108,416 | +8.6% |
| Amounts payable | 17/49 | €2,114,224 | €1,981,053 | -€133,170 | -6.3% |
| Amounts payable after more than one year | 17 | €744,430 | €698,618 | -€45,812 | -6.2% |
| Other amounts payable | 178/9 | €744,430 | €698,618 | -€45,812 | -6.2% |
| Amounts payable within one year | 42/48 | €1,363,025 | €1,279,714 | -€83,310 | -6.1% |
| Trade debts | 44 | €193,964 | €34,404 | -€159,560 | -82.3% |
| Suppliers | 440/4 | €193,964 | €34,404 | -€159,560 | -82.3% |
| Taxes, remuneration and social security | 45 | €37,207 | €18,516 | -€18,690 | -50.2% |
| Taxes | 450/3 | €17,838 | €12,137 | -€5,701 | -32.0% |
| Remuneration and social security | 454/9 | €19,368 | €6,379 | -€12,989 | -67.1% |
| Other amounts payable | 47/48 | €1,131,854 | €1,226,794 | +€94,940 | +8.4% |
| Accrued charges and deferred income | 492/3 | €6,769 | €2,721 | -€4,049 | -59.8% |
| Remuneration, social security and pensions | 62 | €136,709 | €119,022 | -€17,687 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,331 | €8,825 | +€1,494 | +20.4% |
| Other operating charges | 640/8 | €387 | €387 | +€0 | 0.0% |
| Non-recurring operating charges | 66A | €854 | - | -€854 | |
| Gross operating margin | 9900 | €257,680 | €360,095 | +€102,414 | +39.7% |
| Operating profit (loss) | 9901 | €112,399 | €231,860 | +€119,461 | +106.3% |
| Financial income | 75/76B | €0 | €13,911 | +€13,911 | |
| Recurring financial income | 75 | €0 | €13,911 | +€13,911 | |
| Financial charges | 65/66B | €109,688 | €137,216 | +€27,529 | +25.1% |
| Recurring financial charges | 65 | €109,688 | €118,943 | +€9,255 | +8.4% |
| Non-recurring financial charges | 66B | - | €18,274 | +€18,274 | |
| Profit (loss) for the period before taxes | 9903 | €2,712 | €108,555 | +€105,843 | +3903.3% |
| Income taxes | 67/77 | €227 | €139 | -€88 | -38.8% |
| Profit (loss) for the period | 9904 | €2,485 | €108,416 | +€105,931 | +4263.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,485 | €108,416 | +€105,931 | +4263.3% |
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 9 October 2026 via checked.be.