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Complete company report
Generated 28-06-2026
Active BE 0688.680.006Public limited companyOpen bankruptcy

Y CORR

Venetiëlaan 30 ·8530 Harelbeke, Belgium· 8 yrs active
Sector: Head office activities (70100)
Conclusion Checked

A bankruptcy procedure is open for Y CORR according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €2.59M and a net result of €13k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €2.59M
Net result €13k
Better than sector 47%
Active 8 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability18Solvency35Growth68Stability0
24 / 100

Fragile profile — watch health in particular.

Health 0
Profitability 18
Solvency 35
Growth 68
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 16-07-2024 with the NBB · fiscal year 2023 · volledig
€-500k€0€500k€1.00MRevenue 2019: €775k€775kOperating result 2019: €360k€360kNet result 2019: €-64k€-64kRevenue 2020: €1.12M€1.12MOperating result 2020: €724k€724kNet result 2020: €253k€253kRevenue 2021: €925k€925kOperating result 2021: €521k€521kNet result 2021: €170k€170kRevenue 2022: €975k€975kOperating result 2022: €556k€556kNet result 2022: €185k€185kRevenue 2023: €875k€875kOperating result 2023: €410k€410kNet result 2023: €13k€13k20192020202120222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 70 — Head offices & management consulting · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 29.4% 31.5%
better than 47% of 135 sector peers
Net result €13k €17k
better than 46% of 135 sector peers
Equity €2.59M €102k
better than 85% of 135 sector peers
Total assets €8.82M €413k
better than 86% of 135 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€875k
-10.3% 18–23
Net profit
€13k
-92.9% 18–23
Total assets
€8.82M
+0.3% 18–23
Equity
€2.59M
+0.5% 18–23
Working capital
€-76k
+55.2% 18–23
Income taxes
€4k
-94.1% 18–23
Debt
€6.23M
+0.3% 18–23
Debt ≤ 1y
€157k
-29.0% 18–23
Debt > 1y
€5.98M
+1.4% 18–23
Current ratio
0.51
+124.7% 18–23
Quick ratio
0.51
+124.7% 18–23
Solvency
29.4%
+0.2% 18–23
Debt / equity
2.40
-0.2% 18–23
ROE
0.5%
-92.9% 18–23
ROA
0.1%
-92.9% 18–23
Net margin
1.5%
-92.1% 18–23
Figures by fiscal year
Fiscal year2023
Revenue€875k
EBITDA—
Net profit€13k
Cash flow—
Staff costs—
Income taxes€4k
Dividends—
Total assets€8.82M
Equity€2.59M
Debt€6.23M
of which ≤ 1y€157k
of which > 1y€5.98M
Working capital€-76k
Employees (FTE)—
Ratios (computed)
2023
Current ratio0.51
Quick ratio0.51
Working capital ratio-0.9%
Solvency29.4%
Debt / equity2.40
Long-term debt ratio2.31
Interest coverage—
Gross margin—
Net margin1.5%
ROA0.1%
ROE0.5%
EBITDA margin—
Days sales outstanding0d
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€8.82M
Fixed assets 21/28€8.74M
Financial fixed assets 28€8.74M
Current assets 29/58€81k
Stocks & contracts in progress 3€0
Amounts receivable within one year 40/41€0
Cash & bank 54/58€79k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€8.82M
Equity 10/15€2.59M
Contributions / capital 10/11€1.97M
Reserves 13€35k
Accumulated profits (losses) 14€585k
Amounts payable 17/49€6.23M
Amounts payable after one year 17€5.98M
Amounts payable within one year 42/48€157k
Trade debts payable within one year 44€13k
Income statement
Turnover 70€875k
Operating result 9901€410k
Financial charges 65€393k
Result before taxes 9903€17k
Income taxes 67/77€4k
Net result for the period 9904€13k
Result to be appropriated 9905€13k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator MAARTEN VINCKIER
HOOGLEEDSESTEENWEG 7, 8800 ROESELARE
 21-10-2025 → present Belgian State Gazette
Legal Structure
NACE primary Head office activities(70100)
Legal form Public limited company(014)
Incorporation19-01-2018
StatusActive
Postal code8530
First BS signal 27-10-2025
Latest BS signal 27-10-2025
Company structure — linked entities1 linked entities
Y CORRBE 0688.680.006MAARTEN VINCKIERReceiver ↔ 53CirQelsOOSTERSTEEN CONST…Body So Fit Bisse…
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 1 location
Y CORR
Venetiëlaan 30, 8530 HarelbekeManagementsactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.
since 20182.274.055.231
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34322B0675/00T000 Flanders 6,903 m² 1 · 4,773 m² 12.6 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
27-10-2025
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · Y CORR NV VENETIELAAN 30, 8530 HARELBEKE · event 21-10-2025
2024
13-11-2024
State Gazette act Director changes
16-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
12-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · consolidatie
2023
12-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
11-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · consolidatie
2022
13-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
07-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · consolidatie
2021
20-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
19-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · consolidatie
2020
06-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
06-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · consolidatie
Lifecycle & Insolvency Signals 1 events
27-10-2025
Bankruptcy Opening
Date: 21-10-2025 · Ondernemingsrechtbank Gent, afdeling Kortrijk · Y CORR NV VENETIELAAN 30, 8530 HARELBEKE · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-10-27 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad — acts 1 acts
All acts · 1 updated 1 year ago
2024
13-11-2024 6 directors appointed Director changes
  • JC WIBO NV — Bestuurder
  • WEST INVEST NV — Bestuurder
  • Brouwers Caroline — Bestuurder
  • Peter Vandewalle — Commissaris
  • Vanquaethem Yves — Gedelegeerd bestuurder
  • Yves Vanquaethem — Gedelegeerd bestuurder
Technical details 
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100
Primary activity highlighted.
Names & trade names
Legal nameNL Y CORR
Registered office
Venetiëlaan 30
8530 Harelbeke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative