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Y & K

Active
Private limited companyfounded 20241 yr activeMerelstraat 2, 9000 Gent, BelgiumKBO/BCE: BE 1016.001.259
Summary

The computed 12-month bankruptcy probability of Y & K is 3.2% (moderate). The 2025 annual accounts show equity of €3,975 and a net result of -€1,025. Its solvency ranks better than 34% of 13560 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability36
Solvency36
Growth-
Track record67
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.78; short-term debt: 88.8% and cash: 37.5% of total assets), and 88.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
11.2%
Return on assets
-2.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
24 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Y & K was incorporated on 7 November 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Turnover
€151,651
EBIT margin
0.1%
Net result
-€1,025
Working capital
-€7,025

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €35,489
Fixed assets €11,000
Current assets €24,488
Equity and liabilities €35,489
Equity €3,975
Debt €31,513
Debt finances 88.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€2,577
Cash flow
€1,375
Current ratio
0.78
Debt to equity
7.93
ROE
-25.8%
ROA
-2.9%
Interest coverage
3.09
Debt ≤ 1 year
€31,513
Income taxes
€370
Staff costs
€10,276

Peer companies

Historical observation

Of the 173 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 94% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a small loss
2.9% went bankrupt
2.9% stopped otherwise
94% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 173 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€35,489
Fixed assets21/28€11,000
Intangible fixed assets21€1,089
Tangible fixed assets22/27€9,911
Furniture and vehicles24€3,611
Leasing and similar rights25€6,300
Current assets29/58€24,488
Amounts receivable within one year40/41€11,178
Trade receivables40€9,530
Other amounts receivable41€1,648
Cash at bank and in hand54/58€13,310
Equity and liabilities
Total equity and liabilities10/49€35,489
Equity10/15€3,975
Contributions10/11€5,000
Profit (loss) carried forward14-€1,025
Amounts payable17/49€31,513
Amounts payable within one year42/48€31,513
Trade debts44€15,062
Suppliers440/4€15,062
Taxes, remuneration and social security45€2,127
Taxes450/3€370
Remuneration and social security454/9€1,758
Other amounts payable47/48€14,323
Income statement Code2025
Turnover70€151,651
Goods, raw materials, services and sundry goods60/61€139,721
Remuneration, social security and pensions62€10,276
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,400
Other operating charges640/8€726
Gross operating margin9900€13,580
Operating profit (loss)9901€178
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€835
Recurring financial charges65€835
Profit (loss) for the period before taxes9903-€655
Income taxes67/77€370
Profit (loss) for the period9904-€1,025
Profit (loss) for the period to be appropriated9905-€1,025
Appropriation of the result
Profit (loss) to be appropriated9906-€1,025

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€151,651
Goods, raw materials, services and sundry goods60/61€139,721
Remuneration, social security and pensions62€10,276
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,400
Other operating charges640/8€726
Gross operating margin9900€13,580
Operating profit (loss)9901€178
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€835
Recurring financial charges65€835
Profit (loss) for the period before taxes9903-€655
Income taxes67/77€370
Profit (loss) for the period9904-€1,025
Profit (loss) for the period to be appropriated9905-€1,025
Line2025
Assets
Total assets20/58€35,489
Fixed assets21/28€11,000
Intangible fixed assets21€1,089
Tangible fixed assets22/27€9,911
Furniture and vehicles24€3,611
Leasing and similar rights25€6,300
Current assets29/58€24,488
Amounts receivable within one year40/41€11,178
Trade receivables40€9,530
Other amounts receivable41€1,648
Cash at bank and in hand54/58€13,310
Equity and liabilities
Total equity and liabilities10/49€35,489
Equity10/15€3,975
Contributions10/11€5,000
Profit (loss) carried forward14-€1,025
Amounts payable17/49€31,513
Amounts payable within one year42/48€31,513
Trade debts44€15,062
Suppliers440/4€15,062
Taxes, remuneration and social security45€2,127
Taxes450/3€370
Remuneration and social security454/9€1,758
Other amounts payable47/48€14,323
Line2025
Profit (loss) for the period9904-€1,025
+ Depreciation and write-downs630€2,400
Operating cash flow (approximation)€1,375

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
58 m²
Building footprint
60 m²
Volume, LiDAR
535 m³
Parcel 44808H0050/00G010, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Y & K
Merelstraat 2, 9000 GentLimited-service restaurants
since 20242.366.464.062
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44808H0050/00G010 Flanders 58 m² 1 · 60 m² 11.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Gent2.366.464.062
1 permission
Toelating · Eetgelegenheid · since 03-12-2024

Similar companies · same sector, comparable size

Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 4,640 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016001259
Also 9925:BE1016001259
Registered 28-05-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.