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IT'S YES

Active
Private limited companyfounded 199629 yrs activeRaas van Gaverestraat 83, 9000 Gent, BelgiumKBO/BCE: BE 0459.141.580

IT'S YES has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €38k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 21% of 381 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
67 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72=
Solvency29▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.0 in 2024; short-term debt: 38.6% and cash: 21.1% of total assets), and 96.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
3.7%
Return on assets
2.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 381 sector peers (2025).
NBB · sector comparison
Position among 381 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
1 d early
2023
1 d late
2022
on the day
2021
7 d early
2020
2 d early
2019
27 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€58k▲ 185%
2024 · €20k
2019: €141k 2020: €141k 2021: €148k 2022: €166k 2023: €168k 2024: €20k
2019 → 2025
Total assets
€1.57M▲ 466%
2024 · €277k
2019: €582k 2020: €240k 2021: €219k 2022: €252k 2023: €244k 2024: €277k
2019 → 2025
Net result
€38k▲ 456%
2024 · €7k
2019: €-13k 2020: €120 2021: €7k 2022: €18k 2023: €2k 2024: €7k
2019 → 2025
Working capital
€262k
2024 · €-1k
2019: €162k 2020: €140k 2021: €148k 2022: €157k 2023: €159k 2024: €-1k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€148k-€166k▲ 11.9%€168k▲ 1.5%€20k▼ 87.8%€58k▲ 185%
Operating result€13k-€28k▲ 120%€8k▼ 70.7%€15k▲ 79.5%€91k▲ 510%
Net result€7k-€18k▲ 164%€2k▼ 86.2%€7k▲ 178%€38k▲ 456%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €13k€13kNet result 2021: €7k€7kOperating result 2022: €28k€28kNet result 2022: €18k€18kOperating result 2023: €8k€8kNet result 2023: €2k€2kOperating result 2024: €15k€15kNet result 2024: €7k€7kOperating result 2025: €91k€91kNet result 2025: €38k€38k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 510% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.57M
Fixed assets €699k▲ 1,232%
Current assets €867k▲ 287%
Equity and liabilities €1.57M
Equity €58k▲ 185%
Debt €1.51M▲ 488%
The debt ratio rises from 92.6% to 96.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€260k
2024 · €27k
Cash flow
€207k
2024 · €19k
Solvency
3.7%
2024 · 7.4%
Current ratio
1.43
2024 · 1.00
Quick ratio
1.43
2024 · 1.00
Debt / equity
25.89
2024 · 12.53
ROE
64.9%
2024 · 33.2%
ROA
2.4%
2024 · 2.5%
Interest coverage
8.01
2024 · 13.39
Debt
€1.51M
2024 · €256k
Debt ≤ 1 year
€605k
2024 · €225k
Debt > 1 year
€890k
2024 · €31k
Income taxes
€21k
2024 · €6k
Staff costs
€1.10M
2024 · €261k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€277k€1.57M
Fixed assets21/28€52k€699k
Tangible fixed assets22/27€52k€699k
Plant, machinery and equipment23-€550k
Furniture and vehicles24€52k€149k
Financial fixed assets28€50€65
Current assets29/58€224k€867k
Amounts receivable within one year40/41€153k€521k
Trade receivables40€153k€521k
Other amounts receivable41€0-
Cash at bank and in hand54/58€69k€330k
Deferred charges and accrued income490/1€2k€16k
Equity and liabilities
Total equity and liabilities10/49€277k€1.57M
Equity10/15€20k€58k
Contributions10/11€19k€19k=
Reserves13€2k€40k
Non-distributable reserves130/1€2k€0
Reserves not available under the articles1311€2k€0
Distributable reserves133€0€40k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€256k€1.51M
Amounts payable after more than one year17€31k€890k
Financial debts170/4€31k€890k
Amounts payable within one year42/48€225k€605k
Current portion of amounts payable after more than one year42€15k€147k
Trade debts44€7k€125k
Suppliers440/4€7k€125k
Taxes, remuneration and social security45€49k€228k
Taxes450/3€20k€98k
Remuneration and social security454/9€29k€131k
Other amounts payable47/48€154k€104k
Accrued charges and deferred income492/3-€12k
Income statement Code20242025
Non-recurring operating income76A€2k€1k
Remuneration, social security and pensions62€261k€1.10M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€169k
Other operating charges640/8€610€4k
Non-recurring operating charges66A-€5k
Gross operating margin9900€289k€1.37M
Operating profit (loss)9901€15k€91k
Financial income75/76B€0€5
Recurring financial income75€0€5
Financial charges65/66B€2k€33k
Recurring financial charges65€2k€33k
Profit (loss) for the period before taxes9903€13k€58k
Income taxes67/77€6k€21k
Profit (loss) for the period9904€7k€38k
Profit (loss) for the period to be appropriated9905€7k€38k
Appropriation of the result
Profit (loss) to be appropriated9906€7k€38k
Transfer from equity791/2€148k€0
Transfer to equity691/2€0€38k
To other reserves6921€0€38k
Profit to be distributed694/7€154k€0
Return on contributions (dividend)694€154k€0
Social balance
Average headcount (FTE)90872.510.5

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2019net €38k ▲456%
Operating result €91k, net result €38k, both a record.
30-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-02
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Equity above €150kEq €166k ▲11.9%
3 profitable years in a row build equity to €166k.
24-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial Back to profitnet €120
Net result €120 after one loss-making year.
27-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Gent · 1 establishment unit since 1996
establishment The establishment unit on the map
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.

Raas van Gaverestraat 839000 Gent
Ground area
290 m²
Building footprint
73 m²
Volume, LiDAR
667 m³
Parcel 44806F0481/00D002, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Raas van Gaverestraat 83, 9000 Gent
NACE 5143002
since 19962.103.059.869
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44806F0481/00D002 Flanders 290 m² 1 · 73 m² 13.2 m · 3 fl.
Linked by address, not proof of ownership
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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 426 EUR awarded · 426 EUR paid
Year Entries awardedpaid
2025 1 348 EUR426 EUR
2024 1 78 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 426 EUR · 426 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,060 companies in sector 59120 we hold annual accounts for 452. 378 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-11-1996
Fiscal year end31-12
Activities, NACEBEL
59120Post-production of films, video and television programmes
90393Specialised image, lighting and sound technical services
92114
92313
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:Admin@itsyes.be
Enterprise