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AY2

Active
Private limited companyfounded 2022active for 4 yearsRue Puits-Marie 69, 4100 Seraing, BelgiumKBO/BCE: BE 0787.597.438
Summary

The computed 12-month bankruptcy probability of AY2 is 6.4% (elevated). The 2024 annual accounts show equity of €59,169 and a net result of €58,270. Equity is growing by about 1926% per year across the filed financial years. Its solvency ranks better than 20% of 121 sector peers (NACE 24, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of basic metals
NACE 24540Manufacture of jewellery NACE 32123
1 site
Size
€650,223total assets 2024
Equity
€59,169
Profit
€58,270
Turnover not published (micro format)
Financial health
37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.4%
Structure
Accounts 72 days overdue0 of 1 deed read
Why 37raises risk1 financial year not filed after the legal deadline; latest accounts 188 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 06-02-2026)Founded in 2022Equity €59,169 (9.1% of total assets)Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 51% of its sector peers (NACE 24, micro)
Financial strength · tick = 2023
Weak
Solvency 34-51
equity 9.1% of total assets
Liquidity 18-44
short-term debt 90.9% · cash 14.5%
Profitability 80+80
return on assets 9.0%
Bankruptcy probability, 12 months
6.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (202 companies, NACE 24, micro)
Last 24 months 11-2024: 4.2% 12-2024: 4.2%● unchanged vs 11-2024 01-2025: 4.2%● unchanged vs 12-2024 02-2025: 4.1%▼ -0.1 percentage points vs 01-2025 03-2025: 4.0%▼ -0.1 percentage points vs 02-2025 04-2025: 4.1%▲ +0.1 percentage points vs 03-2025 05-2025: 4.1%● unchanged vs 04-2025 06-2025: 4.0%▼ -0.1 percentage points vs 05-2025 07-2025: 4.0%● unchanged vs 06-2025 08-2025: 4.7%▲ +0.7 percentage points vs 07-2025 09-2025: 4.8%▲ +0.1 percentage points vs 08-2025 10-2025: 6.4%▲ +1.6 percentage points vs 09-2025 11-2025: 6.5%▲ +0.1 percentage points vs 10-2025 12-2025: 7.5%▲ +1.0 percentage point vs 11-2025 01-2026: 10.0%▲ +2.5 percentage points vs 12-2025highest value 02-2026: 10.0%● unchanged vs 01-2026highest value 03-2026: 3.8%▼ -6.2 percentage points vs 02-2026lowest value 04-2026: 3.8%● unchanged vs 03-2026 05-2026: 4.0%▲ +0.2 percentage points vs 04-2026 06-2026: 4.1%▲ +0.1 percentage points vs 05-2026 07-2026: 4.2%▲ +0.1 percentage points vs 06-2026 08-2026: 4.6%▲ +0.4 percentage points vs 07-2026 09-2026: 4.9%▲ +0.3 percentage points vs 08-2026 10-2026: 6.4%▲ +1.5 percentage points vs 09-2026
Credit of up to €2,000 on 30-day terms, only on tighter conditions
Liquidity insufficient (current ratio 1.0; short-term debt: 90.9% and cash: 14.5% of total assets), and 90.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 24, micro): better than 19% on solvency, 18% on liquidity, 69% on profitability and 99% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 188 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 06-02-2026)
NBB · annual accounts
raises risk · Founded in 2022
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Equity €59,169 (9.1% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 121 sector peers (2024).
NBB · sector comparison
Position among 121 sector peers
Solvency
better than 20%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-02-2026, 188 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
188 days late
2023
51 days late
2022
42 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 94 days after the deadline; the sector median (NACE 24) for financial year 2024 is 16 days before the deadline, and 29% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Back to profitnet €58,270
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Equity rose in 2024from €899 to €59,169 ▲ 6,481% View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View
  • Caution: Among the weakest 20% on solvencysector median 41.3% · 121 companies 9.1% View

By topic

Financials

Financial year
2024
Total assets
€650,223
Profit
€58,270
Solvency
9.1%
Total assets▲ 43,275%
Net result
20222024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of basic metalsNACE 24540
Founded
23-06-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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