Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2025.
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Busy address KBO
63 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
YELLO from Kortrijk, company number BE0479588685, closed financial year 2025 with a result of € -220,827 after tax. For that financial year YELLO recorded a gross margin of € 749,827 and equity of € -549,283. Compared with financial year 2023, the result moved from € -50,692 to € -220,827. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ -549,283
▼ € 220,827 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -220,827
▼ 336 % more loss than in 2023
Profit after tax over the fiscal year.
€ 32,464
▲ € 27,138 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -864,283.
People and assets in 2025
9.4
▼ 2.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 948,331
▲ 45% vs 2023
€ 100,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,620
▼ 75% vs 2023
Of which on lease € 3,833.
Debts at end 2025
€ 544,414
▲ 89% vs 2023
€ 3,414 is repaid this year. At this pace the long-term loan is gone in ≈ 159 years.
€ 23,362
▼ 24% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 110,969
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 582,794 | € 533,686 | € 615,750 | € 749,827 | ▲ 22% |
| Profit after taxes | € 76,644 | € 7,442 | € -50,692 | € -220,827 | ▼ € 170,135 |
| Equity | € -285,207 | € -277,765 | € -328,456 | € -549,283 | ▼ € 220,827 |
| Total debts | € 450,274 | € 398,756 | € 433,473 | € 681,535 | ▲ 57% |
| Cash | € 32,526 | € 2,985 | € 5,326 | € 32,464 | ▲ € 27,138 |
| Retained profit | € -600,207 | € -592,765 | € -643,456 | € -864,283 | ▼ € 220,827 |
| Bank debt | € 352,085 | € 295,455 | € 287,538 | € 544,414 | ▲ 89% |
| Balance sheet total | € 165,068 | € 120,992 | € 105,017 | € 132,251 | ▲ 26% |
| Employees (FTE) | 12.3 | 11 | 11.9 | 9.4 | ▼ 2.5 |
Key figures of YELLO, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to YELLO?
What happened at YELLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 220,827. filed late Source: NBB ↗
- Salmanco bv became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,644 profit in 2021 to € 220,827 loss in 2025.
Paid € 845 in corporate taxes since 2021.
Best year ever: 2021, with € 76,644 profit.
On average € 79,800 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind YELLO are Salmanco bv and Edyson bv. Salmanco bv is also behind RUNA and VoiceKing.
Directors
According to the 2025 annual accounts
since 2023
Director · represented by Pol Parmentier
Establishments
Establishment units
Physical locations of this company
Engelse Wandeling(Kor) 2 box F4L
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.
All companies at this address →Himmovar
€ 241,702 gross margin · 2025
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€ 694,931 gross margin · 2025
Adviesbureau voor Bedrijfsbeheer
€ -6,890 gross margin · 2025
CAROLITH
MARKADES
€ 151,490 gross margin · 2025
+58 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.588.685
- VAT number
- BE 0479.588.685
- Registered office
- Engelse Wandeling(Kor) 2 bus F4L, 8500 Kortrijk
- Names & denominations
- YELLO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 2003
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Telecommunicatie
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Draadloze telecommunicatie
Activiteiten van holdings
Markt- en opinieonderzoek
+8