YELLOW TREE
ActiveSummary
YELLOW TREE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €141k and a net result of €42k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 17% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74▲+3
Solvency39▲+4
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.03 in 2023; short-term debt: 69.8% and cash: 8.6% of total assets), and 85.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 37953 sector peers (2024).
NBB · sector comparisonPosition among 37953 sector peers
Solvency
better than 17%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €141k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
64 d late
2023
19 d late
2022
31 d late
2021
60 d late
2020
57 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€141k▲ 54.6%
2023 · €91k
2018: €95k
2019: €96k▲ +0.2% vs 2018
2020: €94k▼ -1.8% vs 2019
2021: €75k▼ -20.6% vs 2020lowest in 7 years
2022: €76k▲ +2.3% vs 2021
2023: €91k▲ +19.8% vs 2022
2024: €141k▲ +54.6% vs 2023highest in 7 years
2018 → 2024
Total assets
€986k▲ 10.8%
2023 · €889k
2018: €286k
2019: €280k▼ -2.0% vs 2018
2020: €272k▼ -2.7% vs 2019lowest in 7 years
2021: €918k▲ +237% vs 2020
2022: €898k▼ -2.3% vs 2021
2023: €889k▼ -0.9% vs 2022
2024: €986k▲ +10.8% vs 2023highest in 7 years
2018 → 2024
Net result
€42k▲ 179%
2023 · €15k
2018: €17
2019: €161▲ +870% vs 2018
2020: €-2k▼ -1155% vs 2019
2021: €-19k▼ -1036% vs 2020lowest in 7 years
2022: €2k▲ +109% vs 2021
2023: €15k▲ +798% vs 2022
2024: €42k▲ +179% vs 2023highest in 7 years
2018 → 2024
Working capital
€-586k▲ 4.5%
2023 · €-614k
2018: €-130k
2019: €-130k▲ +0.2% vs 2018highest in 7 years
2020: €-132k▼ -1.6% vs 2019
2021: €-641k▼ -386% vs 2020lowest in 7 years
2022: €-635k▲ +1.0% vs 2021
2023: €-614k▲ +3.4% vs 2022
2024: €-586k▲ +4.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€94k-€75k▼ 20.6%€76k▲ 2.3%€91k▲ 19.8%€141k▲ 54.6%
2020: €94k
2021: €75k▼ -20.6% vs 2020lowest in 5 years
2022: €76k▲ +2.3% vs 2021
2023: €91k▲ +19.8% vs 2022
2024: €141k▲ +54.6% vs 2023highest in 5 years
Operating result€906-€-15k€6k€19k▲ 214%€57k▲ 202%
2020: €906
2021: €-15k▼ -1731% vs 2020lowest in 5 years
2022: €6k▲ +141% vs 2021
2023: €19k▲ +214% vs 2022
2024: €57k▲ +202% vs 2023highest in 5 years
Net result€-2k-€-19k▼ 1,036%€2k€15k▲ 798%€42k▲ 179%
2020: €-2k
2021: €-19k▼ -1036% vs 2020lowest in 5 years
2022: €2k▲ +109% vs 2021
2023: €15k▲ +798% vs 2022
2024: €42k▲ +179% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 202% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €986k
Fixed assets
€883k ▲ 1.5%
Current assets
€103k ▲ 435%
Equity and liabilities €986k
Equity
€141k ▲ 54.6%
Debt
€845k ▲ 5.8%
Debt's share of the balance-sheet total falls from 89.7% to 85.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81k▲
2023 · €41k
Cash flow
€66k▲
2023 · €37k
Current ratio
0.15▲
2023 · 0.03
Debt to equity
5.98▼
2023 · 8.73
ROE
29.9%▲
2023 · 16.6%
ROA
4.3%▲
2023 · 1.7%
Interest coverage
11.02▲
2023 · 10.41
Debt ≤ 1 year
€688k▲
2023 · €633k
Debt > 1 year
€147k▼
2023 · €164k
Income taxes
€8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€889k€986k▲
Fixed assets21/28€870k€883k▲
Tangible fixed assets22/27€870k€883k▲
Land and buildings22€870k€849k▼
Plant, machinery and equipment23-€780
Furniture and vehicles24-€6k
Other tangible fixed assets26-€28k
Current assets29/58€19k€103k▲
Amounts receivable within one year40/41€9k€15k▲
Trade receivables40€9k€10k▲
Other amounts receivable41-€5k
Cash at bank and in hand54/58€8k€85k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€889k€986k▲
Equity10/15€91k€141k▲
Contributions10/11€140k€140k=
Reserves13-€32k
Distributable reserves133-€32k
Profit (loss) carried forward14€-49k€-30k▲
Amounts payable17/49€798k€845k▲
Amounts payable after more than one year17€164k€147k▼
Financial debts170/4€164k€147k▼
Amounts payable within one year42/48€633k€688k▲
Current portion of amounts payable after more than one year42€16k€81k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45-€18k
Taxes450/3-€18k
Other amounts payable47/48€614k€585k▼
Accrued charges and deferred income492/3€2k€10k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€24k▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A-€16k
Gross operating margin9900€44k€101k▲
Operating profit (loss)9901€19k€57k▲
Financial income75/76B-€33
Recurring financial income75-€33
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€15k€50k▲
Income taxes67/77-€8k
Profit (loss) for the period9904€15k€42k▲
Profit (loss) for the period to be appropriated9905€15k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-30k▲
Profit (loss) brought forward from the previous period14P€-64k€-73k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €38k | €22k | €22k | €24k | ▲ 9.3% |
| Other operating charges640/8 | - | €2k | €2k | €3k | €4k | ▲ 25.5% |
| Non-recurring operating charges66A | - | - | - | - | €16k | - |
| Gross operating margin9900 | €10k | €26k | €30k | €44k | €101k | ▲ 129% |
| Operating profit (loss)9901 | €906 | €-15k | €6k | €19k | €57k | ▲ 202% |
| Financial income75/76B | - | - | - | - | €33 | - |
| Recurring financial income75 | - | - | - | - | €33 | - |
| Financial charges65/66B | - | €5k | €4k | €4k | €7k | ▲ 88.2% |
| Recurring financial charges65 | €3k | €5k | €4k | €4k | €7k | ▲ 88.2% |
| Profit (loss) for the period before taxes9903 | €-2k | €-19k | €2k | €15k | €50k | ▲ 231% |
| Income taxes67/77 | - | - | - | - | €8k | - |
| Profit (loss) for the period9904 | €-2k | €-19k | €2k | €15k | €42k | ▲ 179% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-19k | €2k | €15k | €42k | ▲ 179% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €272k | €918k | €898k | €889k | €986k | ▲ 10.8% |
| Fixed assets21/28 | €270k | €914k | €892k | €870k | €883k | ▲ 1.5% |
| Tangible fixed assets22/27 | €270k | €914k | €892k | €870k | €883k | ▲ 1.5% |
| Land and buildings22 | - | €914k | €892k | €870k | €849k | ▼ 2.5% |
| Plant, machinery and equipment23 | - | - | - | - | €780 | - |
| Furniture and vehicles24 | - | - | - | - | €6k | - |
| Other tangible fixed assets26 | - | - | - | - | €28k | - |
| Current assets29/58 | €2k | €5k | €6k | €19k | €103k | ▲ 435% |
| Amounts receivable within one year40/41 | - | - | - | €9k | €15k | ▲ 67.0% |
| Trade receivables40 | - | - | - | €9k | €10k | ▲ 15.4% |
| Other amounts receivable41 | - | - | - | - | €5k | - |
| Cash at bank and in hand54/58 | €2k | €2k | €4k | €8k | €85k | ▲ 916% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €2k | €3k | ▲ 48.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €272k | €918k | €898k | €889k | €986k | ▲ 10.8% |
| Equity10/15 | €94k | €75k | €76k | €91k | €141k | ▲ 54.6% |
| Contributions10/11 | - | €140k | €140k | €140k | €140k | = |
| Reserves13 | - | - | - | - | €32k | - |
| Distributable reserves133 | - | - | - | - | €32k | - |
| Profit (loss) carried forward14 | €-46k | €-65k | €-64k | €-49k | €-30k | ▲ 37.7% |
| Amounts payable17/49 | €178k | €844k | €821k | €798k | €845k | ▲ 5.8% |
| Amounts payable after more than one year17 | €43k | €196k | €179k | €164k | €147k | ▼ 10.3% |
| Financial debts170/4 | - | €196k | €179k | €164k | €147k | ▼ 10.3% |
| Amounts payable within one year42/48 | €134k | €646k | €641k | €633k | €688k | ▲ 8.8% |
| Current portion of amounts payable after more than one year42 | - | €15k | €17k | €16k | €81k | ▲ 393% |
| Trade debts44 | €711 | €3k | €2k | €2k | €5k | ▲ 121% |
| Suppliers440/4 | - | €3k | €2k | €2k | €5k | ▲ 121% |
| Taxes, remuneration and social security45 | - | - | - | - | €18k | - |
| Taxes450/3 | - | - | - | - | €18k | - |
| Other amounts payable47/48 | - | €628k | €622k | €614k | €585k | ▼ 4.8% |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €2k | €10k | ▲ 535% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-19k | €2k | €15k | €42k | ▲ 179% |
| + Depreciation and write-downs630 | €7k | €38k | €22k | €22k | €24k | ▲ 9.3% |
| Operating cash flow (approximation) | €5k | €19k | €23k | €37k | €66k | ▲ 79.2% |
| Investment in fixed assets (approximation) | - | €-682k | €0 | €0 | €-37k | - |
| Change in cash | - | €109 | €2k | €4k | €76k | ▲ 1,603% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
2024
31-12
Financial
Highest result since 2018net €42k ▲179%
Operating result €57k, net result €42k, both a record.
31-12
Financial
Equity above €100kEq €141k ▲54.6%
3 profitable years in a row build equity to €141k.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bierbeek · 1 establishment unit since 2006
Ground area
1,929 m²
Building footprint
207 m²
Volume, LiDAR
1,124 m³
Parcel 24011H0270/00K005, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
YELLOW TREE
since 20062.153.128.202
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24011H0270/00K005 | Flanders | 1,929 m² | 1 · 207 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AL-HE Adviesverlening
BE 0558.859.461
Bierbeek · Eq €141,294
EVEVE
BE 1004.195.468
Aalst · Eq €141,297
ADEM
BE 0767.661.859
Kortrijk · Eq €141,288
MCPA
BE 0861.226.079
Houffalize · Eq €141,281
TRADE ADVISING
BE 0467.175.061
Mouscron · Eq €141,281
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,888 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-01-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.