Y&N
Open bankruptcyA bankruptcy procedure is open for Y&N according to publications in the Belgian State Gazette; curator: JOAN DUBAERE. The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €19k and a net result of €-105k.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
181921222324
2018 to 2024 · latest year -€105k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 36377 sector peers (2024).
NBB · sector comparisonPosition among 36377 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-05-2025, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
70 d early
2023
22 d late
2022
48 d early
2021
12 d late
2019
186 d late
2018
552 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Turnover
€99k▼ 22.9%
2018 · €129k
2018: €129k
2018 → 2019
EBIT margin
2.7%▼ 7.0pp
2018 · 9.7%
2018: 9.7%
2018 → 2019
Net result
€-105k▼ 70.9%
2023 · €-61k
2018: €12k
2019: €3k
2021: €27k
2022: €25k
2023: €-61k
2018 → 2024
Working capital
€14k▼ 86.7%
2023 · €103k
2018: €154k
2019: €156k
2021: €157k
2022: €126k
2023: €103k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Turnover€99k-
Equity€122k-€160k▲ 31.4%€185k▲ 15.4%€123k▼ 33.2%€19k▼ 85.0%
Operating result€3k-€7k▲ 151%€27k▲ 305%€-53k€-67k▼ 26.2%
Net result€3k-€27k▲ 937%€25k▼ 6.9%€-61k€-105k▼ 70.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €67k in 2024 against €53k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €103k
Fixed assets
€5k▼ 76.6%
Current assets
€99k▼ 45.3%
Equity and liabilities €103k
Equity
€19k▼ 85.0%
Debt
€85k▲ 10.1%
The debt ratio rises from 38.5% to 82.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-51k▼
2023 · €-14k
Cash flow
€-89k▼
2023 · €-23k
Solvency
17.9%▼
2023 · 61.5%
Current ratio
1.16▼
2023 · 2.34
Quick ratio
1.16▼
2023 · 2.34
Debt / equity
4.59▲
2023 · 0.63
ROE
-566.6%▼
2023 · -49.7%
ROA
-101.4%▼
2023 · -30.6%
Interest coverage
-427.61▼
2023 · -158.39
Debt
€85k▲
2023 · €77k
Debt ≤ 1 year
€85k▲
2023 · €77k
Income taxes
€38k▲
2023 · €8k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€201k€103k▼
Fixed assets21/28€20k€5k▼
Tangible fixed assets22/27€20k€4k▼
Plant, machinery and equipment23€1k-
Furniture and vehicles24€19k€4k▼
Financial fixed assets28€250€250=
Current assets29/58€180k€99k▼
Amounts receivable within one year40/41€152k€83k▼
Trade receivables40€131k€83k▼
Other amounts receivable41€22k-
Current investments50/53-€15k
Cash at bank and in hand54/58€24k-
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€201k€103k▼
Equity10/15€123k€19k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€115k€10k▼
Amounts payable17/49€77k€85k▲
Amounts payable within one year42/48€77k€85k▲
Financial debts43€6k€6k=
Credit institutions430/8€6k€6k=
Trade debts44€3k€19k▲
Suppliers440/4€3k€19k▲
Other amounts payable47/48€68k€60k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€15k▼
Other operating charges640/8€2k€888▼
Gross operating margin9900€-13k€-50k▼
Operating profit (loss)9901€-53k€-67k▼
Financial charges65/66B€91€120▲
Recurring financial charges65€91€120▲
Profit (loss) for the period before taxes9903€-53k€-67k▼
Income taxes67/77€8k€38k▲
Profit (loss) for the period9904€-61k€-105k▼
Profit (loss) for the period to be appropriated9905€-61k€-105k▼
Appropriation of the result
Profit (loss) to be appropriated9906€115k€10k▼
Profit (loss) brought forward from the previous period14P€177k€115k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
KBO administration
Address struck
17-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · Y&N BV EXCELSIORLAAN 71, 1930 ZAVENTEM · event 27-05-2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-105k
Net result drops to €-105k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Highest result since 2018net €27k ▲937%
Net result €27k, the highest in the series.
31-12
Financial
Equity above €150kEq €160k ▲31.4%
3 profitable years in a row build equity to €160k.
02-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 186 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 552 days late
2019
31-12
Financial
Liquidity times 8current ratio 13.77
Current ratio from 1.80 to 13.77; short-term debt falls from €193k to €12k.
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 44 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
09-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 193 days late
2014
02-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 124 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
2 establishment units since 2009
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.
Ground area
5,746 m²
Building footprint
1,626 m²
Volume, LiDAR
15,500 m³
3 parcels, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Y&N
since 20092.183.278.275
Y&N
since 20172.275.803.805
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 fl. |
| 44806F0011/00M004 | Flanders | 233 m² | 1 · 82 m² | 12.1 m · 3 fl. |
| 44021A1558/00B000 | Flanders | 77 m² | 1 · 56 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JOAN DUBAERE KEIZER KARELLAAN 586 BUS 9,
1082 SINT-AGATHA-BERCHEM |
27-05-2025 → present |
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Of 4,060 companies in sector 43240 we hold annual accounts for 1,616. 1,088 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-11-2009
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.