BY I
ActiveThe computed 12-month bankruptcy probability of BY I is 3.6% (moderate). The 2024 annual accounts show negative equity (€-16k) and a net result of €-3k. Equity is shrinking by ~35% per year across the filed fiscal years. Its solvency ranks better than 12% of 26056 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
7
/ 100
Critical▼ -4 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency36▼-4
Growth32▼-26
Stability94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 0.81 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-52.8%
Return on assets
-11%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€16k
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 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
64 d late
2022
92 d late
2021
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-16k▼ 26.2%
2023 · €-13k
2021: €2k
2022: €-13k
2023: €-13k
2021 → 2024
Total assets
€30k▼ 48.9%
2023 · €59k
2021: €10k
2022: €29k
2023: €59k
2021 → 2024
Net result
€-3k
2023 · €853
2021: €-2k
2022: €-15k
2023: €853
2021 → 2024
Working capital
€-18k▼ 33.6%
2023 · €-14k
2021: €565
2022: €-15k
2023: €-14k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€2k-€-13k€-13k▲ 6.3%€-16k▼ 26.2%
Operating result€-2k-€-15k▼ 614%€2k€-2k
Net result€-2k-€-15k▼ 702%€853€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30k
Fixed assets
€2k▲ 214%
Current assets
€28k▼ 52.3%
Key figures and ratios
EBITDA
€-1k▼
2023 · €3k
Cash flow
€-3k▼
2023 · €1k
Solvency
-52.8%▼
2023 · -21.4%
Current ratio
0.60▼
2023 · 0.81
Quick ratio
0.35▼
2023 · 0.46
Debt / equity
-2.89▲
2023 · -5.68
ROE
20.8%▲
2023 · -6.8%
ROA
-11.0%▼
2023 · 1.4%
Interest coverage
-1.11▼
2023 · 1.78
Debt
€46k▼
2023 · €72k
Debt ≤ 1 year
€46k▼
2023 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€59k€30k▼
Formation expenses20€498€264▼
Fixed assets21/28€734€2k▲
Tangible fixed assets22/27€734€2k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24€734€1k▲
Current assets29/58€58k€28k▼
Stocks and contracts in progress3€25k€12k▼
Stocks30/36€25k€12k▼
Amounts receivable within one year40/41€26k€4k▼
Trade receivables40€26k€4k▼
Other amounts receivable41€3-
Cash at bank and in hand54/58€7k€11k▲
Deferred charges and accrued income490/1€52€462▲
Equity and liabilities
Total equity and liabilities10/49€59k€30k▼
Equity10/15€-13k€-16k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-16k€-19k▼
Amounts payable17/49€72k€46k▼
Amounts payable within one year42/48€72k€46k▼
Trade debts44€38k€16k▼
Suppliers440/4€38k€16k▼
Taxes, remuneration and social security45€8k€2k▼
Taxes450/3€8k€2k▼
Other amounts payable47/48€26k€29k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€449€751▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€4k€2k▼
Operating profit (loss)9901€2k€-2k▼
Financial income75/76B€88€5▼
Recurring financial income75€88€5▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€853€-3k▼
Profit (loss) for the period9904€853€-3k▼
Profit (loss) for the period to be appropriated9905€853€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-19k▼
Profit (loss) brought forward from the previous period14P€-17k€-16k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Back to profitnet €853
Net result €853 after 2 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Willebroek · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dendermondsesteenweg 129/2012830 WillebroekGround area
782 m²
Building footprint
441 m²
Volume, LiDAR
4,243 m³
2 parcels, Flanders · tallest building 14.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BY I
since 20212.314.354.474
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12342C0203/00K002 | Flanders | 652 m² | 1 · 298 m² | 11.2 m · 3 fl. |
| 31004A0107/00D000 | Flanders | 130 m² | 1 · 143 m² | 14.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DAGSAM
BE 0811.072.626
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MODELLERA'S
BE 0879.286.291
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SEB Intern
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Of 6,459 companies in sector 47716 we hold annual accounts for 2,424. 425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2021
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47715Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.