diff --git a/app/Helpers/Report/ReportHelper.php b/app/Helpers/Report/ReportHelper.php
index 433fb930aa..bb0ea1d3b8 100644
--- a/app/Helpers/Report/ReportHelper.php
+++ b/app/Helpers/Report/ReportHelper.php
@@ -51,12 +51,12 @@ class ReportHelper implements ReportHelperInterface
         $end->endOfMonth();
         // all budgets
         $set = Auth::user()->budgets()
-                    ->leftJoin(
-                        'budget_limits', function (JoinClause $join) use ($date) {
-                        $join->on('budget_limits.budget_id', '=', 'budgets.id')->where('budget_limits.startdate', '=', $date->format('Y-m-d'));
-                    }
-                    )
-                    ->get(['budgets.*', 'budget_limits.amount as amount']);
+                   ->leftJoin(
+                       'budget_limits', function (JoinClause $join) use ($date) {
+                       $join->on('budget_limits.budget_id', '=', 'budgets.id')->where('budget_limits.startdate', '=', $date->format('Y-m-d'));
+                   }
+                   )
+                   ->get(['budgets.*', 'budget_limits.amount as amount']);
 
 
         $budgets               = $this->_helper->makeArray($set);
@@ -141,23 +141,26 @@ class ReportHelper implements ReportHelperInterface
         }
 
         $accounts = Auth::user()->accounts()->accountTypeIn(['Default account', 'Asset account'])->orderBy('accounts.name', 'ASC')->get(['accounts.*'])
-                         ->filter(
-                             function (Account $account) use ($sharedAccounts) {
-                                 if (!in_array($account->id, $sharedAccounts)) {
-                                     return $account;
-                                 }
+                        ->filter(
+                            function (Account $account) use ($sharedAccounts) {
+                                if (!in_array($account->id, $sharedAccounts)) {
+                                    return $account;
+                                }
 
-                                 return null;
-                             }
-                         );
+                                return null;
+                            }
+                        );
         $report   = [];
         $start->startOfYear()->subDay();
         $end->endOfYear();
 
         foreach ($accounts as $account) {
-            $report[] = [
-                'start'   => Steam::balance($account, $start),
-                'end'     => Steam::balance($account, $end),
+            $startBalance = Steam::balance($account, $start);
+            $endBalance   = Steam::balance($account, $end);
+            $report[]     = [
+                'start'   => $startBalance,
+                'end'     => $endBalance,
+                'hide'    => ($startBalance == 0 && $endBalance == 0),
                 'account' => $account,
                 'shared'  => $account->accountRole == 'sharedAsset'
             ];
diff --git a/app/Http/Controllers/ReportController.php b/app/Http/Controllers/ReportController.php
index 4b027e64a9..ef345a6f96 100644
--- a/app/Http/Controllers/ReportController.php
+++ b/app/Http/Controllers/ReportController.php
@@ -13,6 +13,7 @@ use Preferences;
 use Session;
 use Steam;
 use View;
+use FireflyIII\Models\Preference;
 
 /**
  * Class ReportController
@@ -367,7 +368,7 @@ class ReportController extends Controller
         } catch (Exception $e) {
             return view('error')->with('message', 'Invalid date.');
         }
-
+        /** @var Preference $pref */
         $pref              = Preferences::get('showSharedReports', false);
         $showSharedReports = $pref->data;
         $date              = new Carbon('01-01-' . $year);
diff --git a/resources/views/reports/year.blade.php b/resources/views/reports/year.blade.php
index f6c05e0dd2..cce963375f 100644
--- a/resources/views/reports/year.blade.php
+++ b/resources/views/reports/year.blade.php
@@ -54,17 +54,20 @@
                 $end   += $balance['end'];
                 $diff  += ($balance['end']-$balance['start']);
                 ?>
-                <tr>
-                    <td>
-                        <a href="{{route('accounts.show',$balance['account']->id)}}">{{{$balance['account']->name}}}</a>
-                        @if($balance['shared'])
-                        <small><em>shared</em></small>
-                        @endif
-                    </td>
-                    <td>{!! Amount::format($balance['start']) !!}</td>
-                    <td>{!! Amount::format($balance['end']) !!}</td>
-                    <td>{!! Amount::format($balance['end']-$balance['start']) !!}</td>
-                </tr>
+                @if($balance['hide'] === false)
+                    <tr>
+                        <td>
+                            <a href="{{route('accounts.show',$balance['account']->id)}}">{{{$balance['account']->name}}}</a>
+                            @if($balance['shared'])
+                            <small><em>shared</em></small>
+                            @endif
+
+                        </td>
+                        <td>{!! Amount::format($balance['start']) !!}</td>
+                        <td>{!! Amount::format($balance['end']) !!}</td>
+                        <td>{!! Amount::format($balance['end']-$balance['start']) !!}</td>
+                    </tr>
+                @endif
                 @endforeach
                 <tr>
                     <td><em>Sum of sums</em></td>