M.Y ELEMENTS
ActiveThe computed 12-month bankruptcy probability of M.Y ELEMENTS is 1.7% (moderate). The 2025 annual accounts show equity of €50k and a net result of €9k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 7330 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +48 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+93
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 12.19 against 5.15 in 2024), and 8.1% 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 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.9%
Return on assets
17.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
28 d late
2024
30 d late
2023
16 d late
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€50k▲ 22.8%
2024 · €40k
2021: €29k
2022: €39k
2023: €50k
2024: €40k
2021 → 2025
Total assets
€54k▲ 9.2%
2024 · €49k
2021: €47k
2022: €64k
2023: €76k
2024: €49k
2021 → 2025
Net result
€9k
2024 · €-10k
2021: €27k
2022: €10k
2023: €11k
2024: €-10k
2021 → 2025
Working capital
€49k▲ 30.2%
2024 · €38k
2021: €15k
2022: €27k
2023: €44k
2024: €38k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€39k▲ 33.6%€50k▲ 29.2%€40k▼ 19.9%€50k▲ 22.8%
Operating result€28k-€10k▼ 64.7%€19k▲ 92.1%€-7k€14k
Net result€27k-€10k▼ 64.0%€11k▲ 16.2%€-10k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€640▼ 76.9%
Current assets
€53k▲ 14.3%
Equity and liabilities €54k
Equity
€50k▲ 22.8%
Debt
€4k▼ 51.7%
The debt ratio falls from 18.3% to 8.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€16k▲
2024 · €-3k
Cash flow
€11k▲
2024 · €-6k
Solvency
91.9%▲
2024 · 81.7%
Current ratio
12.19▲
2024 · 5.15
Quick ratio
12.19▲
2024 · 5.15
Debt / equity
0.09▼
2024 · 0.22
ROE
18.6%▲
2024 · -24.9%
ROA
17.1%▲
2024 · -20.3%
Interest coverage
80.10▲
2024 · -19.70
Debt
€4k▼
2024 · €9k
Debt ≤ 1 year
€4k▼
2024 · €9k
Income taxes
€5k▲
2024 · €3k
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€49k€54k▲
Fixed assets21/28€3k€640▼
Tangible fixed assets22/27€3k€640▼
Furniture and vehicles24€3k€640▼
Current assets29/58€47k€53k▲
Amounts receivable within one year40/41€19k€15k▼
Trade receivables40€19k€15k▼
Other amounts receivable41€53€189▲
Cash at bank and in hand54/58€27k€38k▲
Equity and liabilities
Total equity and liabilities10/49€49k€54k▲
Equity10/15€40k€50k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€38k€48k▲
Amounts payable17/49€9k€4k▼
Amounts payable within one year42/48€9k€4k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€5k€316▼
Taxes450/3€3k€116▼
Remuneration and social security454/9€2k€200▼
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€72k€67k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-2k€17k▲
Operating profit (loss)9901€-7k€14k▲
Financial income75/76B€265€11▼
Recurring financial income75€265€11▼
Financial charges65/66B€167€203▲
Recurring financial charges65€167€203▲
Profit (loss) for the period before taxes9903€-7k€14k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€-10k€9k▲
Profit (loss) for the period to be appropriated9905€-10k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€48k▲
Profit (loss) brought forward from the previous period14P€48k€38k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 12.19
Current ratio from 5.15 to 12.19; short-term debt falls from €9k to €4k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-10k ▼188%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Vilvoorde · 1 establishment unit since 2020
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.
Van Dyckstraat 41800 VilvoordeGround area
125 m²
Building footprint
85 m²
Volume, LiDAR
531 m³
Parcel 23645C0287/00Z002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M.Y ELEMENTS
since 20202.304.597.858
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23645C0287/00Z002 | Flanders | 125 m² | 1 · 85 m² | 10.2 m · 2 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.
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Rebovest
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CHILOUP CONSTRUCTION
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Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 12,940 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
31002Manufacture of furniture
41002Construction of residential and non-residential buildings
46431Wholesale of electrical household appliances and audio-video equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.