Equity
-€12,777
Debts exceed assets in financial year 2025.
AYB DEVELOPMENT
Overview
Lifetime
4 annual accounts with figures on one time axispeak €13,307 (2022)
-€1,887▼ €291
lowest -€10,761 (2023)
-€3,787▲ €1,727
peak €7,285 (2022)
-€12,777▼ €3,787
€13,990▼ 25.9%
Board1 name since 2020
Documentsfilings and deeds
09-10-202522 days before the deadline
2025micro format
Gross margin from -€1,596 to -€1,887Loss of €3,787Equity from -€8,990 to -€12,777Debts from €18,877 to €13,990Investments €1,321Cash from €8,875 to €125
Key points
from the 2025 annual accountsLosses
-€20,062 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Investments
€1,321 1.8 × depreciation
Green is investment, beige is depreciation.
Filings
4 annual accounts 11 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Starting capital
€2,500 100 shares
Position in the sector
-1053.3%
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 39,368 companies.
Turnover not published (micro format)
Checked score
52
Fair
Financially stronger than 7% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.1%▼ -0.1 percentage points vs 03-2025lowest value
05-2025: 0.1%● unchanged vs 04-2025lowest value
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.3%▲ +0.1 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
11-2026: 0.7%▲ +0.2 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€12,777
Loss of €3,787, the second in a row (financial year 2025)
lowers risk
Size: total assets €1,213
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 3% of them on solvency, 6% on liquidity, 4% on profitability and 15% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as AYB DEVELOPMENT has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AYB DEVELOPMENT itself is lower: 0.7% within 12 months. It rests on far more data about AYB DEVELOPMENT than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for AYB DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€12,777
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 09-10-2025, 22 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2026
not filed
2025
22 days early
2024
1 day early
2023
30 days late
2022
25 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 8 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix 100 sharesdeed of 14-08-2020
Recent changes
Incorporation
Founding capital of €2,500, 100 shares · Appointment: d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix (director) · Permanent representative: d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix · published on 14-08-2020 · Gazette deed
First establishment
Mohimont,Villers Villers 1, Florenville
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AYB DEVELOPMENT Florenville | €1,213 | -€1,887 | -1053.3% | - |
| Wheelz Meise | €1,303 | -€5,206 | -167.1% | - |
| LOKI CONSULTING Woluwe-Saint-Pierre | €1,248 | -€3,162 | -1011.3% | - |
| MNV MANAGEMENT La Louvière | €1,195 | -€700 | -74.9% | - |
| New-G Boechout | €1,129 | -€914 | 49.9% | - |
| MIK DIGITAL Schaerbeek | €1,050 | -€2,593 | -3276.4% | - |
| ADAM SMITH CAPITAL Uccle | €1,313 | -€4,568 | -2176.5% | - |
These companies have the same main activity as AYB DEVELOPMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1,050 and €1,310, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 12-08-2020Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.308.184.9776823 Florenville, since 12-08-2020
- Financial year end
- 31 March
- Peppol
- Not found in the Peppol Directory
Annual accounts to 31-03-2025
- -€1,887▼ 18.2%
- €3,787▼ 31.3%
- -€12,777▼ 42.1%
- €1,213▼ 87.7%
- Filing
- Filed on 09-10-2025
Insights on AYB DEVELOPMENT
AYB DEVELOPMENT files the micro format. That format states no turnover. The gross margin fell from €13,307 in 2022 to -€1,887 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 09-10-2025, 22 days before the deadline-€1,887
▼ €291
-€3,692
▼ €268
-€3,787
▲ €1,727
-€13,743
▼ €4,390
-
-
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €1,213 on 31-03-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-
Lower than 95% of 37,582 companies in 2024.
-
Higher than 12% of 36,335 companies in 2024.
-
Lower than 95% of 36,821 companies in 2024.
AYB DEVELOPMENT
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
1,213 | 9,887 | 6,901 | 15,313 | |
21/28 |
966 | 363 | 1,279 | 1,681 | |
22/27 |
966 | 363 | 1,279 | 1,681 | |
24 |
966 | 363 | 1,279 | 1,681 | |
29/58 |
247 | 9,524 | 5,622 | 13,632 | |
40/41 |
122 | 649 | 1,716 | 2,031 | |
40 |
- | - | - | 1,736 | |
41 |
122 | 649 | 1,716 | 294 | |
54/58 |
125 | 8,875 | 3,906 | 11,602 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
1,213 | 9,887 | 6,901 | 15,313 | |
10/15 |
-12,777 | -8,990 | -3,476 | 7,285 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | |
14 |
-15,277 | -11,490 | -5,976 | 4,785 | |
17/49 |
13,990 | 18,877 | 10,377 | 8,028 | |
42/48 |
13,990 | 18,877 | 10,377 | 8,028 | |
44 |
- | - | - | 800 | |
440/4 |
- | - | - | 800 | |
45 |
- | - | - | 6,000 | |
450/3 |
- | - | - | 6,000 | |
47/48 |
13,990 | 18,877 | 10,377 | 1,228 | |
| Income statement | |||||
9900 |
-1,887 | -1,596 | -7,574 | 13,307 | |
62 |
- | - | - | 315 | |
630 |
718 | 916 | 1,071 | 863 | |
640/8 |
1,087 | 912 | 142 | 1,338 | |
9901 |
-3,692 | -3,424 | -8,787 | 10,790 | |
75/76B |
69 | 23 | 418 | 481 | |
75 |
69 | 23 | 418 | 481 | |
65/66B |
164 | 2,113 | 2,478 | 486 | |
65 |
164 | 2,113 | 2,478 | 486 | |
9903 |
-3,787 | -5,514 | -10,847 | 10,785 | |
67/77 |
- | - | -86 | 6,000 | |
9904 |
-3,787 | -5,514 | -10,761 | 4,785 | |
9905 |
-3,787 | -5,514 | -10,761 | 4,785 | |
| Appropriation of the result | |||||
9906 |
-15,277 | -11,490 | -5,976 | 4,785 | |
14P |
-11,490 | -5,976 | 4,785 | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 09-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| -2,974 | -2,508 | -7,716 | 11,653 | ||
| -3,069 | -4,598 | -9,690 | 5,648 | ||
| 1,321 | 0 | 669 | 2,544 | ||
| -8,750 | 4,969 | -7,696 | - | ||
| -13,743 | -9,353 | -4,755 | 5,604 | ||
| - | -90.9% | -50.4% | 47.6% | ||
| - | 0.50 | 0.54 | 1.70 | ||
| - | - | - | 1.10 | ||
| - | - | - | 65.7% | ||
| - | -55.8% | -155.9% | 31.2% | ||
| -18.13 | -1.19 | -3.11 | 23.95 |
The ratios are withheld because a balance sheet total of €1,213 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,321 | - | €669 | €2,544 |
| €718 | €916 | €1,071 | €863 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on AYB DEVELOPMENT
The operating result for 2025 is a loss of €3,692, larger than the loss of €3,424 in 2024.
Equity is negative. Debt (€13,990) exceeds the balance-sheet total (€1,213).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 12-08-2020
term without a fixed end
listed in the 2023 annual accounts, filed on 30-11-2023
Mandates through the years
1 name, the dashed line is todayd’YVE de BAVAY Arnoud Marie Ghislain Michel Félix
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix
- Director (not named in the articles), from 12-08-2020 to date
Control
This company
AYB DEVELOPMENT
Equity -€12,777
Loss €3,787 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- -€128 in 2025
- Source
- deed of 14-08-2020
Articles of association
deed of 14-08-2020 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
Shareholders
At incorporation
deed of 14-08-2020 ↗
- d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix 100 shares (100%) · €2,500 in cash
Network & group
No group
AYB DEVELOPMENT has no parent and no holdings in its annual accounts. d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix is the only director. AYB DEVELOPMENT shares no director with another company.
Timeline
Timeline
7 events since 2020Filings
Financial
Establishments
2020202220242026
2025
Annual accounts 2025 filed PDFmicro format · 22 days before the deadline
2024
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
2023
Annual accounts 2023 filed PDFmicro format · 30 days late
Weakest financial year net -€10,761 The net result drops to -€10,761, the lowest from 2022 to 2025. It recovers the following year.
2022
Annual accounts 2022 filed PDFmicro format · 25 days late
2020
IncorporationFounding capital of €2,500, 100 shares · Appointment: d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix (director) · Permanent representative: d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix · published on 14-08-20205 points ▸
- Registered office clause, Mohimont Villers 1, 6823 Villers-Devant-Orval
- Director appointment, d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix (director (not named in the articles))
- Permanent representative, d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix
- Founding capital, €2,500, 100 shares
- 100 shares
- The deed holds 7 more points.
First establishment Mohimont,Villers Villers 1, Florenville
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
AYB DEVELOPMENT was incorporated on 12 August 2020 as a private limited company by one natural person, with a starting capital of €2,500.12 Since 2020, d’YVE de BAVAY Arnoud Marie Ghislain Michel Félix has served as director.3 Total assets fell from €15,313 in 2022 to €1,213 in 2025.4
Company details
Identity
- Enterprise number
- 0752.539.262
- VAT number
- BE 0752.539.262
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 12-08-2020
- Financial year
- ends on 31 March
- Peppol
- Not found in the Peppol Directory
- Name
- AYB DEVELOPMENT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 14-08-2020 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Wallonne”deed of 14-08-2020 (in French)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'importation, l'exportation, l’achat, la vente dans le monde entier de tous produits, matières et services divers de toutes les origines…”deed of 14-08-2020 (in French)
Text of the purpose
“L'importation, l'exportation, l’achat, la vente dans le monde entier de tous produits, matières et services divers de toutes les origines ainsi que développer l'activité de bureaux intermédiaires commerciaux”
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Mohimont,Villers Villers 1 registered office 6823 Florenville | 12-08-2020 | 2.308.184.977 |