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Generated 14-07-2026
Active BE 0504.896.975Private limited company (pre-2019)Open bankruptcy

Y & L Construct

Amsterdamstraat 52 ·2321 Hoogstraten, Belgium· 13 yrs active
Sector: Real estate activities (68121)
Conclusion Checked

A bankruptcy procedure is open for Y & L Construct according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-311k) and a net result of €-313k.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €-311k
Net result €-313k
Better than sector 9%
Active 13 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability100Solvency42Growth32Stability0
35 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 100
Solvency 42
Growth 32
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 2021 · 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 overview8 NBB filings
Annual accounts filed on 07-11-2022 with the NBB · fiscal year 2021 · verkort
€-400k€-200k€0€200kOperating result 2019: €164k€164kNet result 2019: €-10k€-10kOperating result 2020: €94k€94kNet result 2020: €-10k€-10kOperating result 2021: €-249k€-249kNet result 2021: €-313k€-313k201920202021
Operating resultNet result
Sector comparison
Fiscal year 2021 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -12.2% 21.9%
better than 9% of 639 sector peers
Net result €-313k €6k
better than 5% of 639 sector peers
Equity €-311k €205k
better than 5% of 639 sector peers
Gross operating margin €-247k €59k
better than 5% of 637 sector peers
Total assets €2.56M €1.49M
better than 64% of 639 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€-313k
-3036.8% far below sector median
Total assets
€2.56M
-1.7% far above sector median
Equity
€-311k
- far below sector median
Working capital
€-318k
-6152.1% far below sector median
Income taxes
€17k
+656605.5% far above sector median
Debt
€2.87M
+10.4% far above sector median
Debt ≤ 1y
€2.87M
+10.4% far above sector median
Current ratio
0.89
-10.9% +23% vs sector
Quick ratio
0.58
+119.6% -4% vs sector
Solvency
-12.2%
- far below sector median
Debt / equity
-9.22
- far below sector median
ROE
100.8%
- far above sector median
ROA
-12.3%
-3090.1% far below sector median
Figures by fiscal year
Fiscal year2021
Revenue-
EBITDA-
Net profit€-313k
Cash flow-
Staff costs-
Income taxes€17k
Dividends-
Total assets€2.56M
Equity€-311k
Debt€2.87M
of which ≤ 1y€2.87M
of which > 1y-
Working capital€-318k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.89
Quick ratio0.58
Working capital ratio-12.5%
Solvency-12.2%
Debt / equity-9.22
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-12.3%
ROE100.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€2.56M
Fixed assets 21/28€8k
Financial fixed assets 28€8k
Current assets 29/58€2.55M
Stocks & contracts in progress 3€874k
Amounts receivable within one year 40/41€515k
Cash & bank 54/58€1.14M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.56M
Equity 10/15€-311k
Contributions / capital 10/11€12k
Accumulated profits (losses) 14€-323k
Amounts payable 17/49€2.87M
Amounts payable within one year 42/48€2.87M
Trade debts payable within one year 44€691k
Income statement
Gross operating margin 9900€-247k
Operating result 9901€-249k
Financial income 75€4k
Financial charges 65€51k
Result before taxes 9903€-297k
Income taxes 67/77€17k
Net result for the period 9904€-313k
Result to be appropriated 9905€-313k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator MARK BRUURS
ALPHENSEWEG 12, 2387 BAARLE- HERTOG
 15-11-2022 → present Belgian State Gazette
Legal Structure
NACE primary Real estate activities(68121)
Legal form Private limited company (pre-2019)(015)
Incorporation08-02-2013
StatusActive
Postal code2321
First BS signal 21-11-2022
Latest BS signal 21-11-2022
Company structure, linked entities1 linked entities
Y & L ConstructBE 0504.896.975MARK BRUURSReceiver
Mandates
Establishment units 1 location
Y&L Construct
Amsterdamstraat 52, 2321 HoogstratenProjectontwikkeling voor de bouw van appartementsgebouwen
since 20132.217.178.587
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.
13020A0505/00A000 Flanders 3,281 m² 1 · 965 m² 9.7 m · 3 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 10 events

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

2022
21-11-2022
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · Y & L CONSTRUCT BV AMSTERDAMSTRAAT 52, 2321 MEER · event 15-11-2022
07-11-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
08-08-2022
State Gazette act Director changes
2021
26-02-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
16-03-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
15-02-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
30-01-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
20-01-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
07-01-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
13-01-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Lifecycle & Insolvency Signals 1 events
21-11-2022
Bankruptcy Opening
Date: 15-11-2022 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · Y & L CONSTRUCT BV AMSTERDAMSTRAAT 52, 2321 MEER · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-11-21 · 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 3 years ago
2022
08-08-2022 1 director appointed, 1 resigning Director changes
  • Yannick Tielen, Bestuurder
  • Loïc Tielen, Bestuurder
Technical details 
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Credit advice verdict per customer and amount

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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
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Holdings64200Activiteiten van holdings64210Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Ontwikkeling van niet-residentiële bouwprojecten68122Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201
Primary activity highlighted.
Names & trade names
Legal nameNL Y & L Construct
Registered office
Amsterdamstraat 52
2321 Hoogstraten, 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