MYLO CONCEPT
ActiveSummary
MYLO CONCEPT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €184k and a net result of €15k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-21
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 7.94 against 3.84 in 2023; short-term debt: 12.3% and cash: 50.5% of total assets), and 12.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
30 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€184k▲ 9.1%
2023 · €169k
2022: €114k
2023: €169k
2022 → 2024
Total assets
€210k▼ 6.8%
2023 · €225k
2022: €159k
2023: €225k
2022 → 2024
Net result
€15k▼ 71.9%
2023 · €55k
2022: €110k
2023: €55k
2022 → 2024
Working capital
€180k▲ 11.8%
2023 · €161k
2022: €106k
2023: €161k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€114k-€169k▲ 48.0%€184k▲ 9.1%
Operating result€140k-€69k▼ 51.0%€19k▼ 72.6%
Net result€110k-€55k▼ 50.2%€15k▼ 71.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 73% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €210k
Fixed assets
€5k ▼ 42.9%
Current assets
€205k ▼ 5.4%
Equity and liabilities €210k
Equity
€184k ▲ 9.1%
Debt
€26k ▼ 54.2%
Debt's share of the balance-sheet total falls from 25.1% to 12.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2023 · €75k
Cash flow
€19k▼
2023 · €61k
Current ratio
7.94▲
2023 · 3.84
Debt to equity
0.14▼
2023 · 0.33
ROE
8.4%▼
2023 · 32.5%
ROA
7.3%▼
2023 · 24.3%
Interest coverage
230.15▼
2023 · 1318.30
Debt ≤ 1 year
€26k▼
2023 · €56k
Income taxes
€4k▼
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€225k€210k▼
Fixed assets21/28€8k€5k▼
Tangible fixed assets22/27€8k€5k▼
Plant, machinery and equipment23€967€500▼
Furniture and vehicles24€7k€4k▼
Current assets29/58€217k€205k▼
Amounts receivable within one year40/41€23k€18k▼
Trade receivables40€23k€18k▼
Current investments50/53-€81k
Cash at bank and in hand54/58€195k€106k▼
Deferred charges and accrued income490/1-€707
Equity and liabilities
Total equity and liabilities10/49€225k€210k▼
Equity10/15€169k€184k▲
Contributions10/11€4k€4k=
Reserves13€165k€180k▲
Distributable reserves133€165k€180k▲
Amounts payable17/49€56k€26k▼
Amounts payable within one year42/48€56k€26k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€55k€23k▼
Taxes450/3€55k€23k▼
Other amounts payable47/48€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€4k▼
Other operating charges640/8€6k€817▼
Gross operating margin9900€81k€23k▼
Operating profit (loss)9901€69k€19k▼
Financial income75/76B-€871
Recurring financial income75-€871
Financial charges65/66B€57€97▲
Recurring financial charges65€57€97▲
Profit (loss) for the period before taxes9903€69k€20k▼
Income taxes67/77€14k€4k▼
Profit (loss) for the period9904€55k€15k▼
Profit (loss) for the period to be appropriated9905€55k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€15k▼
Transfer to equity691/2€55k€15k▼
To other reserves6921€55k€15k▼
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
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €15k ▼71.9%
Net result drops to €15k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 7.94
Current ratio from 3.84 to 7.94; short-term debt falls from €56k to €26k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €150kEq €169k ▲48%
2 profitable years in a row build equity to €169k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · 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, Aalter · 1 establishment unit since 2022
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.
Dobbelaersdreef 39880 AalterGround area
2,992 m²
Building footprint
173 m²
Volume, LiDAR
982 m³
Parcel 44035A0229/00B002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Yarne Wullaert
since 20222.335.850.961
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44035A0229/00B002 | Flanders | 2,992 m² | 1 · 173 m² | 9.8 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.
Similar companies · same sector, comparable size
ZEVO
BE 0541.957.014
Stekene · Eq €184,182
NI.BO
BE 0589.937.568
Schaarbeek · Eq €184,123
QUASYDOC
BE 0660.744.006
Hasselt · Eq €184,230
VANHOLDER Eddy
BE 0468.632.239
Bever · Eq €184,082
CREATCO
BE 0477.036.397
Avelgem · Eq €184,306
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,081 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:yarne_w@hotmail.com
Phone:0476374285