YELLOWFIN VENTURES: 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.
YELLOWFIN VENTURES
Largest movements
- Tangible fixed assets +€116,933
up €116,933 (+86.5%), from €135,180 to €252,113
of which Furniture and vehicles: +€107,585
- Cash -€81,872
down €81,872 (-93.8%), from €87,259 to €5,388
- Receivables within one year +€16,727
up €16,727 (+25.4%), from €65,984 to €82,711
of which Other amounts receivable: +€27,522
- Deferred charges and accrued income +€3,900
up €3,900 (+228%), from €1,709 to €5,609
- Other debts +€501,469
up €501,469 (+380%), from €131,880 to €633,348
- Profit (loss) carried forward -€389,281
down €389,281, from €2,291 to -€386,990
- Debts after one year -€35,162
down €35,162 (-54.3%), from €64,766 to €29,604
- Trade debts -€16,085
down €16,085 (-36.5%), from €44,063 to €27,977
- Accrued charges and deferred income -€3,593
down €3,593 (-100%), from €3,593 to €0
- Gross operating margin -€314,681
down €314,681, from €21,865 to -€292,816
- Depreciation +€56,856
up €56,856 (+446%), from €12,758 to €69,613
- Other operating charges +€13,758
up €13,758 (+1,224%), from €1,124 to €14,882
- Financial charges +€5,551
up €5,551 (+112%), from €4,973 to €10,524
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,132 | €345,820 | +€55,688 | +19.2% |
| Fixed assets | 21/28 | €135,180 | €252,113 | +€116,933 | +86.5% |
| Tangible fixed assets | 22/27 | €135,180 | €252,113 | +€116,933 | +86.5% |
| Plant, machinery and equipment | 23 | €1,208 | €503 | -€704 | -58.3% |
| Furniture and vehicles | 24 | €21,617 | €129,203 | +€107,585 | +498% |
| Other tangible fixed assets | 26 | €107,789 | €122,407 | +€14,618 | +13.6% |
| Assets under construction and advance payments | 27 | €4,566 | €0 | -€4,566 | -100% |
| Current assets | 29/58 | €154,952 | €93,707 | -€61,244 | -39.5% |
| Amounts receivable within one year | 40/41 | €65,984 | €82,711 | +€16,727 | +25.4% |
| Trade receivables | 40 | €45,984 | €35,188 | -€10,795 | -23.5% |
| Other amounts receivable | 41 | €20,000 | €47,522 | +€27,522 | +138% |
| Cash at bank and in hand | 54/58 | €87,259 | €5,388 | -€81,872 | -93.8% |
| Deferred charges and accrued income | 490/1 | €1,709 | €5,609 | +€3,900 | +228% |
| Total equity and liabilities | 10/49 | €290,132 | €345,820 | +€55,688 | +19.2% |
| Equity | 10/15 | €22,492 | -€366,789 | -€389,281 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,601 | €1,601 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,601 | €1,601 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €2,291 | -€386,990 | -€389,281 | |
| Amounts payable | 17/49 | €267,640 | €712,609 | +€444,969 | +166% |
| Amounts payable after more than one year | 17 | €64,766 | €29,604 | -€35,162 | -54.3% |
| Financial debts | 170/4 | €64,766 | €29,604 | -€35,162 | -54.3% |
| Amounts payable within one year | 42/48 | €199,282 | €683,005 | +€483,723 | +243% |
| Current portion of amounts payable after more than one year | 42 | €19,417 | €20,279 | +€862 | +4.4% |
| Trade debts | 44 | €44,063 | €27,977 | -€16,085 | -36.5% |
| Suppliers | 440/4 | €44,063 | €27,977 | -€16,085 | -36.5% |
| Taxes, remuneration and social security | 45 | €3,922 | €1,400 | -€2,522 | -64.3% |
| Taxes | 450/3 | €3,922 | €1,400 | -€2,522 | -64.3% |
| Other amounts payable | 47/48 | €131,880 | €633,348 | +€501,469 | +380% |
| Accrued charges and deferred income | 492/3 | €3,593 | €0 | -€3,593 | -100% |
| Non-recurring operating income | 76A | €9 | €16,782 | +€16,773 | +196,867% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,758 | €69,613 | +€56,856 | +446% |
| Other operating charges | 640/8 | €1,124 | €14,882 | +€13,758 | +1,224% |
| Gross operating margin | 9900 | €21,865 | -€292,816 | -€314,681 | |
| Operating profit (loss) | 9901 | €7,983 | -€377,311 | -€385,295 | |
| Financial income | 75/76B | €0 | €39 | +€39 | |
| Recurring financial income | 75 | €0 | €39 | +€39 | |
| Financial charges | 65/66B | €4,973 | €10,524 | +€5,551 | +112% |
| Recurring financial charges | 65 | €4,973 | €10,524 | +€5,551 | +112% |
| Profit (loss) for the period before taxes | 9903 | €3,010 | -€387,796 | -€390,807 | |
| Income taxes | 67/77 | €720 | €1,485 | +€765 | +106% |
| Profit (loss) for the period | 9904 | €2,291 | -€389,281 | -€391,571 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,291 | -€389,281 | -€391,571 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.