Y-Concept
ActiveY-Concept has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €494k and a net result of €10k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 7330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
81
/ 100
Excellent▲ +20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-27
Solvency82▲+9
Growth78=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 0.91 in 2024), and 42.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
57.7%
Return on assets
1.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
46 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
47 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
€494k▲ 2.2%
2024 · €483k
2018: €143k
2019: €154k
2020: €182k
2021: €215k
2022: €314k
2023: €384k
2024: €483k
2018 → 2025
Total assets
€856k=
2024 · €856k
2018: €426k
2019: €429k
2020: €436k
2021: €496k
2022: €611k
2023: €717k
2024: €856k
2018 → 2025
Net result
€10k▼ 71.7%
2024 · €37k
2018: €-28k
2019: €11k
2020: €28k
2021: €33k
2022: €118k
2023: €70k
2024: €37k
2018 → 2025
Working capital
€64k
2024 · €-24k
2018: €-152k
2019: €-136k
2020: €-102k
2021: €-81k
2022: €-161k
2023: €-95k
2024: €-24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€215k-€314k▲ 46.3%€384k▲ 22.3%€483k▲ 25.7%€494k▲ 2.2%
Operating result€51k-€156k▲ 205%€108k▼ 30.9%€62k▼ 42.6%€32k▼ 48.7%
Net result€33k-€118k▲ 259%€70k▼ 40.6%€37k▼ 47.1%€10k▼ 71.7%
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 three years in a row; 2025 is 49% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €856k
Fixed assets
€569k▼ 5.7%
Current assets
€287k▲ 13.7%
Equity and liabilities €856k
Equity
€494k▲ 2.2%
Debt
€362k▼ 2.7%
The debt ratio falls from 43.5% to 42.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€66k▼
2024 · €91k
Cash flow
€45k▼
2024 · €66k
Solvency
57.7%▲
2024 · 56.5%
Current ratio
1.29▲
2024 · 0.91
Quick ratio
1.29▲
2024 · 0.91
Debt / equity
0.73▼
2024 · 0.77
ROE
2.1%▼
2024 · 7.7%
ROA
1.2%▼
2024 · 4.3%
Interest coverage
3.94▼
2024 · 8.16
Debt
€362k▼
2024 · €373k
Debt ≤ 1 year
€223k▼
2024 · €276k
Debt > 1 year
€139k▲
2024 · €96k
Income taxes
€7k▼
2024 · €14k
Staff costs
€42k▼
2024 · €47k
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€856k€856k=
Fixed assets21/28€603k€569k▼
Tangible fixed assets22/27€173k€139k▼
Land and buildings22€95k€90k▼
Plant, machinery and equipment23€14k€9k▼
Furniture and vehicles24€64k€40k▼
Financial fixed assets28€430k€430k=
Current assets29/58€253k€287k▲
Amounts receivable within one year40/41€234k€272k▲
Trade receivables40€33k€32k▼
Other amounts receivable41€201k€240k▲
Cash at bank and in hand54/58€17k€12k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€856k€856k=
Equity10/15€483k€494k▲
Contributions10/11€12k€12k=
Revaluation surpluses12€62k€62k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€407k€418k▲
Amounts payable17/49€373k€362k▼
Amounts payable after more than one year17€96k€139k▲
Financial debts170/4€96k€139k▲
Amounts payable within one year42/48€276k€223k▼
Current portion of amounts payable after more than one year42€46k€58k▲
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€10k€24k▲
Suppliers440/4€10k€24k▲
Taxes, remuneration and social security45€66k€41k▼
Taxes450/3€55k€32k▼
Remuneration and social security454/9€10k€9k▼
Other amounts payable47/48€154k€96k▼
Income statement
Code20242025
Remuneration, social security and pensions62€47k€42k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€34k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€139k€110k▼
Operating profit (loss)9901€62k€32k▼
Financial income75/76B€453€2k▲
Recurring financial income75€453€2k▲
Financial charges65/66B€11k€17k▲
Recurring financial charges65€11k€17k▲
Profit (loss) for the period before taxes9903€51k€17k▼
Income taxes67/77€14k€7k▼
Profit (loss) for the period9904€37k€10k▼
Profit (loss) for the period to be appropriated9905€37k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€407k€418k▲
Profit (loss) brought forward from the previous period14P€370k€407k▲
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €118k ▲259%
Operating result €156k, net result €118k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €200kEq €215k ▲18.1%
3 profitable years in a row build equity to €215k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial
Equity above €150kEq €154k ▲7.6%
Equity rises from €143k to €154k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 2010
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.
Bischoffsheimlaan 391000 BrusselGround area
1,172 m²
Building footprint
344 m²
Volume, LiDAR
7,046 m³
2 parcels, Brussels, Wallonia · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Y-CONCEPT
since 20102.189.406.893
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0630/00H003 | Brussels | 808 m² | 1 · 279 m² | 26.6 m · 8 fl. |
| 25041F0031/00H000 | Wallonia | 363 m² | 1 · 65 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
TOROS INVEST
BE 0897.647.502
Heusden-Zolder · Eq €494k
LOFT CONSTRUCT
BE 0477.603.452
Lennik · Eq €494k
PARENOBATI
BE 0826.482.461
Ath · Eq €494k
DIANA GROUP
BE 0475.123.123
Evere · Eq €494k
ALGEMENE BOUWWERKEN VAN HOVE
BE 0421.647.320
Sint-Niklaas · Eq €494k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 9,274 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2010
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0473/673324