S&Y PROJECTS
The computed 12-month bankruptcy probability of S&Y PROJECTS is 3.5% (moderate). The 2025 annual accounts show equity of €30k and a net result of €307. Equity is growing by ~37.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 1066 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €30k |
| Net result | €307 |
| Staff (FTE) | 3.1 |
| Better than sector | 35% |
Mixed profile: strong on stability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.6% | 25.9% | |
| Net result | €307 | €7k | |
| Equity | €30k | €23k | |
| Gross operating margin | €199k | €64k | |
| Staff costs | €133k | €52k |
| Fiscal year | 2025 |
|---|---|
| Revenue | €502k |
| EBITDA | €59k |
| Net profit | €307 |
| Cash flow | €51k |
| Staff costs | €133k |
| Income taxes | €164 |
| Dividends | - |
| Total assets | €254k |
| Equity | €30k |
| Debt | €225k |
| of which ≤ 1y | €130k |
| of which > 1y | €95k |
| Working capital | €-42k |
| Employees (FTE) | 3.1 |
| 2025 | |
|---|---|
| Current ratio | 0.67 |
| Quick ratio | 0.56 |
| Working capital ratio | -16.7% |
| Solvency | 11.6% |
| Debt / equity | 7.60 |
| Long-term debt ratio | 3.21 |
| Interest coverage | 7.28 |
| Gross margin | 38.8% |
| Net margin | 0.1% |
| ROA | 0.1% |
| ROE | 1.0% |
| EBITDA margin | 11.8% |
| Days sales outstanding | 0d |
| Days payable outstanding | 45d |
| Inventory turnover | 21.16 |
| Days inventory (DSI) | 17d |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €254k |
| Fixed assets | 21/28 | €167k |
| Intangible fixed assets | 21 | €58 |
| Tangible fixed assets | 22/27 | €167k |
| Current assets | 29/58 | €87k |
| Stocks & contracts in progress | 3 | €15k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €58k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €254k |
| Equity | 10/15 | €30k |
| Contributions / capital | 10/11 | €15k |
| Accumulated profits (losses) | 14 | €15k |
| Amounts payable | 17/49 | €225k |
| Amounts payable after one year | 17 | €95k |
| Amounts payable within one year | 42/48 | €130k |
| Trade debts payable within one year | 44 | €38k |
| Income statement | ||
| Turnover | 70 | €502k |
| Gross operating margin | 9900 | €199k |
| Operating result | 9901 | €9k |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €470 |
| Income taxes | 67/77 | €164 |
| Net result for the period | 9904 | €307 |
| Result to be appropriated | 9905 | €307 |
| NACE primary | Food & beverage service(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 16-02-2021 |
| Status | Active |
| Postal code | 2018 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3829/00N002 | Flanders | 6,537 m² | 1 · 1,955 m² | 67.1 m · 20 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-08-2024 1 director appointed, 1 resigning
- Yasar Köycü, Bestuurder
- Serdar Köycü, Bestuurder
Technical details
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{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": "92.05.16-327.93",
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},
"reason": "de_plein_droit_dissolution",
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"evidence_quote": "Dhr. Serdar K\u00F6yc\u00FC met RR 92.05.16-327.93 wordt ontslagen als bestuurder en er wordt kwijting verleend over zijn mandaat.",
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"evidence_quote": "Nieuwe aandelenverhouding:\nYasar K\u00F6yc\u00FC - 100 aandelen",
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],
"notary": {
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"firm_city": null,
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"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-08-21",
"filing_date": "2024-08-08",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2023-12-31",
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}
],
"is_correction": false,
"subject_company": {
"kbo": "0763.705.249",
"name_full": "S\u0026Y PROJECTS",
"legal_form": "BV"
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"publication_proxy": {
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"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | S&Y PROJECTS |