Y-lines
ActiveSummary
Y-lines has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €501k and a net result of €166k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 536 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+1
Solvency60▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.9 against 1.02 in 2024; short-term debt: 55.7% and cash: 28.1% of total assets), and 65.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← 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
34.6%
Return on assets
11.5%
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 06-07-2026, 25 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
25 d early
2024
44 d early
2023
44 d early
2022
53 d early
2021
39 d early
2020
57 d early
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Equity
€501k▲ 23.1%
2024 · €407k
Total assets
€1.45M▼ 30.0%
2024 · €2.07M
Net result
€166k▼ 27.0%
2024 · €227k
Working capital
€-84k
2024 · €23k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€152k▲ 20.7%€141k▼ 7.5%€307k▲ 118%€316k▲ 2.7%€249k▼ 20.9%
Net result€109k▲ 7.2%€102k▼ 6.2%€218k▲ 113%€227k▲ 4.3%€166k▼ 27.0%
Equity€248k▲ 39.3%€288k▲ 16.1%€330k▲ 14.7%€407k▲ 23.2%€501k▲ 23.1%
Total assets€898k▲ 85.5%€1.02M▲ 13.2%€1.32M▲ 30.2%€2.07M▲ 56.3%€1.45M▼ 30.0%
Debt€649k▲ 112%€728k▲ 12.0%€992k▲ 36.3%€1.66M▲ 67.4%€946k▼ 43.0%
Working capital€163k€339k▲ 107%€271k▼ 19.9%€23k▼ 91.5%€-84k
Staff (FTE)0.60.8▲ 33.3%1.1▲ 37.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.45M
Fixed assets
€725k ▲ 29.8%
Current assets
€722k ▼ 52.2%
Equity and liabilities €1.45M
Equity
€501k ▲ 23.1%
Debt
€946k ▼ 43.0%
Debt's share of the balance-sheet total falls from 80.3% to 65.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€324k▼
2024 · €378k
Cash flow
€241k▼
2024 · €290k
Current ratio
0.90▼
2024 · 1.02
Quick ratio
0.68▼
2024 · 0.94
Debt to equity
1.89▼
2024 · 4.08
ROE
33.1%▼
2024 · 55.8%
ROA
11.5%▲
2024 · 11.0%
Interest coverage
24.61▼
2024 · 47.17
Debt ≤ 1 year
€806k▼
2024 · €1.49M
Debt > 1 year
€133k▼
2024 · €162k
Income taxes
€71k▼
2024 · €83k
Staff costs
€63k▲
2024 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €30k | €48k | €63k | ▲ 31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47k | €58k | €60k | €63k | €75k | ▲ 19.7% |
| Other operating charges640/8 | €2k | €6k | €8k | €3k | €4k | ▲ 20.4% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €201k | €204k | €405k | €430k | €392k | ▼ 8.8% |
| Operating profit (loss)9901 | €152k | €141k | €307k | €316k | €249k | ▼ 20.9% |
| Financial income75/76B | €2k | €4k | €3k | €3k | €624 | ▼ 78.1% |
| Recurring financial income75 | €2k | €4k | €3k | €3k | €624 | ▼ 78.1% |
| Financial charges65/66B | €9k | €5k | €9k | €8k | €13k | ▲ 64.5% |
| Recurring financial charges65 | €9k | €5k | €9k | €8k | €13k | ▲ 64.5% |
| Profit (loss) for the period before taxes9903 | €145k | €140k | €301k | €310k | €237k | ▼ 23.7% |
| Income taxes67/77 | €36k | €37k | €83k | €83k | €71k | ▼ 14.6% |
| Profit (loss) for the period9904 | €109k | €102k | €218k | €227k | €166k | ▼ 27.0% |
| Profit (loss) for the period to be appropriated9905 | €109k | €102k | €218k | €227k | €166k | ▼ 27.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €898k | €1.02M | €1.32M | €2.07M | €1.45M | ▼ 30.0% |
| Fixed assets21/28 | €299k | €285k | €238k | €558k | €725k | ▲ 29.8% |
| Intangible fixed assets21 | €392 | €317 | €242 | €167 | €92 | ▼ 45.0% |
| Tangible fixed assets22/27 | €295k | €282k | €234k | €555k | €722k | ▲ 30.0% |
| Land and buildings22 | - | - | - | €351k | €413k | ▲ 17.7% |
| Plant, machinery and equipment23 | €229k | €211k | €178k | €164k | €153k | ▼ 6.9% |
| Furniture and vehicles24 | €31k | €29k | €15k | €5k | €5k | ▲ 18.3% |
| Other tangible fixed assets26 | €34k | €42k | €41k | €36k | €151k | ▲ 323% |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €599k | €730k | €1.08M | €1.51M | €722k | ▼ 52.2% |
| Stocks and contracts in progress3 | €80k | €91k | €116k | €110k | €175k | ▲ 59.5% |
| Stocks30/36 | €74k | €78k | €116k | €110k | €100k | ▼ 8.7% |
| Contracts in progress37 | €5k | €14k | €0 | - | €75k | - |
| Amounts receivable within one year40/41 | €461k | €196k | €268k | €848k | €124k | ▼ 85.4% |
| Trade receivables40 | €384k | €97k | €119k | €788k | €50k | ▼ 93.6% |
| Other amounts receivable41 | €78k | €99k | €149k | €61k | €73k | ▲ 20.7% |
| Cash at bank and in hand54/58 | €53k | €430k | €701k | €536k | €407k | ▼ 24.0% |
| Deferred charges and accrued income490/1 | €5k | €14k | €0 | €15k | €16k | ▲ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €898k | €1.02M | €1.32M | €2.07M | €1.45M | ▼ 30.0% |
| Equity10/15 | €248k | €288k | €330k | €407k | €501k | ▲ 23.1% |
| Contributions10/11 | €6k | €6k | €19k | €19k | €19k | = |
| Reserves13 | €242k | €282k | €312k | €388k | €483k | ▲ 24.3% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €240k | €280k | €312k | €388k | €483k | ▲ 24.3% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €649k | €728k | €992k | €1.66M | €946k | ▼ 43.0% |
| Amounts payable after more than one year17 | €214k | €333k | €178k | €162k | €133k | ▼ 18.0% |
| Financial debts170/4 | €214k | €333k | €178k | €162k | €133k | ▼ 18.0% |
| Amounts payable within one year42/48 | €436k | €392k | €814k | €1.49M | €806k | ▼ 45.8% |
| Current portion of amounts payable after more than one year42 | €55k | €81k | €180k | €88k | €95k | ▲ 8.4% |
| Financial debts43 | - | €120k | €0 | €119k | €19k | ▼ 84.0% |
| Credit institutions430/8 | - | €120k | €0 | €119k | €19k | ▼ 84.0% |
| Trade debts44 | €170k | €123k | €199k | €133k | €130k | ▼ 2.4% |
| Suppliers440/4 | €170k | €123k | €199k | €133k | €130k | ▼ 2.4% |
| Advances received on contracts in progress46 | €150k | €0 | €220k | €970k | €425k | ▼ 56.2% |
| Taxes, remuneration and social security45 | €22k | €6k | €28k | €13k | €11k | ▼ 14.9% |
| Taxes450/3 | €22k | €6k | €27k | €8k | €11k | ▲ 42.8% |
| Remuneration and social security454/9 | - | - | €698 | €5k | €0 | ▼ 100% |
| Other amounts payable47/48 | €39k | €62k | €188k | €163k | €126k | ▼ 22.9% |
| Accrued charges and deferred income492/3 | €76 | €3k | €0 | €13k | €7k | ▼ 42.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €109k | €102k | €218k | €227k | €166k | ▼ 27.0% |
| + Depreciation and write-downs630 | €47k | €58k | €60k | €63k | €75k | ▲ 19.7% |
| Operating cash flow (approximation) | €156k | €160k | €278k | €290k | €241k | ▼ 16.9% |
| Investment in fixed assets (approximation) | - | €-45k | €-13k | €-383k | €-242k | ▲ 37.0% |
| Change in cash | - | €377k | €271k | €-165k | €-129k | ▲ 22.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €501k ▲23.1%
8 profitable years in a row build equity to €501k.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €227k ▲4.3%
Operating result €316k, net result €227k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €248k ▲39.3%
4 profitable years in a row build equity to €248k.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €178k ▲64.8%
3 profitable years in a row build equity to €178k.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €76k ▼15.3%
Net result drops to €76k, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial
Equity above €100kEq €108k ▲86.1%
2 profitable years in a row build equity to €108k.
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Nijlen · 1 establishment unit since 2017
Ground area
745 m²
Building footprint
100 m²
Parcel 12003B0271/00R003, Flanders. Linked by address, not a title deed.
1 establishment unit
Y-lines
since 20172.262.835.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12003B0271/00R003 | Flanders | 745 m² | 1 · 100 m² | - |
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.
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Of 672 companies in sector 90392 we hold annual accounts for 206. 115 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
Founded23-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
90392Design and construction of stages and sets
77229Renting and leasing of other personal and household goods
77392Rental and leasing activities
93199Other sports activities
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.