Checked.be
Active
BE 0476.881.395Public limited company
FRIENDS Y.G.K.
Rue de Céroux 11 ·1380 Lasne, Belgium· 24 yrs active
Sector: Ontwikkeling van residentiële bouwprojecten
(68121)
Conclusion
FRIENDS Y.G.K. has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €18k. The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €168k |
| Net result | €18k |
| Active | 24 yrs |
| Locations | 1 |
Financial profile
74
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
71
Profitability
53
Solvency
66
Growth
78
Stability
100
Bankruptcy probability (12 mo)
0.2%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Lower-risk legal form
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2002, 24 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
71
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · abbreviated schema
€38k
+28.9%
24-25
€18k
+60.7%
24-25
€32k
+26.8%
24-25
€268k
-4.9%
24-25
€168k
+11.9%
24-25
€-73k
+30.5%
24-25
€6k
+63.2%
24-25
€100k
-24.1%
24-25
€77k
-29.2%
24-25
€23k
0.0%
24-25
0.06
+49.3%
24-25
0.06
+49.3%
24-25
62.8%
+17.6%
24-25
0.59
-32.1%
24-25
10.6%
+43.6%
24-25
6.7%
+68.9%
24-25
187.28
+380.6%
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | €38k |
| Net profit | €18k |
| Cash flow | €32k |
| Staff costs | - |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €268k |
| Equity | €168k |
| Debt | €100k |
| of which ≤ 1y | €77k |
| of which > 1y | €23k |
| Working capital | €-73k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.06 |
| Quick ratio | 0.06 |
| Working capital ratio | -27.0% |
| Solvency | 62.8% |
| Debt / equity | 0.59 |
| Long-term debt ratio | 0.14 |
| Interest coverage | 187.28 |
| Gross margin | - |
| Net margin | - |
| ROA | 6.7% |
| ROE | 10.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €268k |
| Fixed assets | 21/28 | €264k |
| Tangible fixed assets | 22/27 | €264k |
| Current assets | 29/58 | €4k |
| Amounts receivable within one year | 40/41 | €169 |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €268k |
| Equity | 10/15 | €168k |
| Contributions / capital | 10/11 | €150k |
| Reserves | 13 | €5k |
| Accumulated profits (losses) | 14 | €13k |
| Amounts payable | 17/49 | €100k |
| Amounts payable after one year | 17 | €23k |
| Amounts payable within one year | 42/48 | €77k |
| Trade debts payable within one year | 44 | €34 |
| Income statement | ||
| Gross operating margin | 9900 | €44k |
| Operating result | 9901 | €24k |
| Financial charges | 65 | €205 |
| Result before taxes | 9903 | €24k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €18k |
| Result to be appropriated | 9905 | €18k |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Ratios computed by Checked.
Legal Structure
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Public limited company(014) |
| Incorporation | 12-02-2002 |
| Status | Active |
| Postal code | 1380 |
Establishment units
Friends Y.G.K
since 20022.098.886.790
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25024B0090/00G000 | Wallonia | 749 m² | 1 · 128 m² | 10.3 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2026
31-08-2026 NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-08-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08-2023 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08-2022 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08-2021 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
23-10-2020 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08-2019 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-05-2018 NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
16-05-2017 NBB filing Annual accounts filed
fiscal year 2016 · full schema
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Ontwikkeling van residentiële bouwprojecten68121
Primary activity highlighted.
Names & trade names
| Legal nameFR | FRIENDS Y.G.K. |
Registered office
Rue de Céroux 11
1380 Lasne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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