Equity
€52,976 ▼ 71.2%
MYLO CONCEPT paid out €180,172 in dividends. That is 368% of the 2025 profit.
MYLO CONCEPT
Lifetime
4 annual accounts with figures on one time axispeak €147,330 (2022)
€67,885▲ 193%
peak €109,989 (2022)
€48,976▲ 218%
peak €184,172 (2024)
€52,976▼ 71.2%
€161,700▲ 525%
Board1 name since 2022
1 directorWULLAERT Yarne Gerard George
Documentsfilings and deeds
29-09-202660 days late
2025micro format
Gross margin from €23,142 to €67,885Result from €15,416 to €48,976Dividend €180,172Equity from €184,172 to €52,976Debts from €25,856 to €161,700
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Debts
€161,700 75% of the balance sheet
Suppliers 0%Taxes and wages 5%Other 95%
Investments
€6,473 1.5 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.28 was 7.94 in 2024
Short-term debts rose from €25,856 to €161,700.
Filings
4 annual accounts 4 late
The 2025 accounts came latest: 60 days after the end of the period.
Checked score
92
Excellent
Financially stronger than 35% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 60 days late; 1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 1.28, cash €85,965
Size: total assets €214,676
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 25% of them on solvency, 42% on liquidity, 62% on profitability and 10% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as MYLO CONCEPT has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MYLO CONCEPT itself is lower: 0.1% within 12 months. It rests on far more data about MYLO CONCEPT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for MYLO CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.28 (7.94 in 2024), below the usual 1.5. Short-term debt is 75.3% and cash 40% of total assets. 75.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
60 days late
2024
30 days late
2023
30 days late
2022
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 38 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- WULLAERT Yarne Gerard George founderdeed of 28-07-2022
- LELEUX Meryl Marie-Jeanne Ghislaine founderdeed of 28-07-2022
Recent changes
Incorporation
Founding capital of €4,000 · Founders: WULLAERT Yarne Gerard George (oprichter comparant) and LELEUX Meryl Marie-Jeanne Ghislaine (oprichter comparant) · Appointment: WULLAERT Yarne Gerard George (director) · published on 28-07-2022 · Gazette deed
First establishment
Yarne Wullaert, Dobbelaersdreef 3, Aalter
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MYLO CONCEPT Aalter | €214,676 | €67,885 | 24.7% | - |
| Tom Consulting Aalter | €196,786 | €74,842 | 7.6% | - |
| BRIGHTWARE Zele | €203,491 | €65,118 | 70.5% | - |
| TRITIKUM Ghent | €194,078 | €73,096 | 0.5% | - |
| Collé Oudenaarde | €202,102 | €61,334 | 89.7% | - |
| NEOTRINITY Deinze | €200,541 | €62,280 | 82.9% | - |
| DE BOCK REINHART Temse | €209,513 | €69,126 | 88.9% | - |
These companies have the same main activity as MYLO CONCEPT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €194,000 and €210,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 26-07-2022Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.335.850.9619880 Aalter, since 26-07-2022
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on MYLO CONCEPT
MYLO CONCEPT files the micro format. That format states no turnover. The gross margin fell from €147,330 in 2022 to €67,885 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MYLO CONCEPT
- What is the company number of MYLO CONCEPT?
- The company number of MYLO CONCEPT is 0788.875.759. The VAT number is the same number with BE in front: BE 0788.875.759.
- Where is MYLO CONCEPT based?
- The registered office is at Dobbelaersdreef 3, 9880 Aalter.Company details
- What does MYLO CONCEPT do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of MYLO CONCEPT?
- MYLO CONCEPT is a private limited company (BV).
- When was MYLO CONCEPT founded?
- MYLO CONCEPT was founded on 26-07-2022.
- Is MYLO CONCEPT still active?
- Yes, MYLO CONCEPT is an active enterprise in the KBO register.
- What is the turnover of MYLO CONCEPT?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €67,885 and 60 comparable companies (NACE 62200). It probably lies between €120,000 and €170,000.Financials
- Is MYLO CONCEPT profitable?
- In financial year 2025, MYLO CONCEPT made a profit of €48,976.
- Where can I find the annual accounts of MYLO CONCEPT?
- MYLO CONCEPT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MYLO CONCEPT due?
- MYLO CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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