Summary
YAELMO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €46.0m and a net result of €8.4m. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 6167 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
33 d early
2022
32 d early
2021
144 d early
2020
31 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 48 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#1 company by total assets in Hove, Finance and insurance sector#1 company by equity in Hove, Finance and insurance sector#5 oldest company in Hove, Finance and insurance sector
Equity
€46.0m▲ 22.2%
2023 · €37.7m
Net result
€8.4m▲ 1,015%
2023 · €749,764
Total assets
€51.6m▲ 14.3%
2023 · €45.2m
Solvency
89.2%▲ 5.8pp
2023 · 83.4%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€70,482€146,918▲ 108%€94,210▼ 35.9%€1.3m▲ 1,268%-€761,672
Net result€513,894above the sector's middle half€84,997within the sector's middle half▼ 83.5%€14.2mabove the sector's middle half▲ 16,642%€749,764above the sector's middle half▼ 94.7%€8.4mabove the sector's middle half▲ 1,015%
Equity€27.6mabove the sector's middle half▲ 1.9%€27.7mabove the sector's middle half▲ 0.3%€36.9mabove the sector's middle half▲ 33.4%€37.7mabove the sector's middle half▲ 2.0%€46.0mabove the sector's middle half▲ 22.2%
Total assets€28.4mabove the sector's middle half▲ 3.2%€29.4mabove the sector's middle half▲ 3.5%€45.0mabove the sector's middle half▲ 53.3%€45.2mabove the sector's middle half▲ 0.3%€51.6mabove the sector's middle half▲ 14.3%
Debt€763,811▲ 95.0%€1.7m▲ 121%€8.1m▲ 382%€7.5m▼ 7.5%€5.6m▼ 25.5%
Working capital€672,688above the sector's middle half▼ 58.8%€840,500above the sector's middle half▲ 24.9%-€2.6mbelow the sector's middle half-€661,856below the sector's middle half▲ 74.9%€327,837within the sector's middle half
Solvency97.3%above the sector's middle half▼ 1.3pp94.3%above the sector's middle half▼ 3.0pp82.0%above the sector's middle half▼ 12.3pp83.4%above the sector's middle half▲ 1.4pp89.2%above the sector's middle half▲ 5.8pp
Current ratio1.88within the sector's middle half▼ 3.322.74within the sector's middle half▲ 0.860.47within the sector's middle half▼ 2.270.81within the sector's middle half▲ 0.351.14within the sector's middle half▲ 0.32
Return on assets (ROA)1.8%within the sector's middle half▲ 9.7pp0.3%below the sector's middle half▼ 1.5pp31.6%above the sector's middle half▲ 31.3pp1.7%within the sector's middle half▼ 29.9pp16.2%above the sector's middle half▲ 14.5pp
Staff (FTE)1within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2023 Net result -95% on 2022. Merger absorbing Moyale NV, effective 09-03-2022, in the previous fiscal year; now counts for a full year for the first time.
- 2022 Net result +16,642%, Total assets +53% on 2021. Merger absorbing Moyale NV, effective 09-03-2022.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €761,672 after €1.3m in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €51.6m
Fixed assets
€48.9m ▲ 15.7%
Current assets
€2.7m ▼ 6.6%
Equity and liabilities €51.6m
Equity
€46.0m ▲ 22.2%
Debt
€5.6m ▼ 25.5%
Debt's share of the balance-sheet total falls from 16.6% to 10.8%. Equity is higher and debt is lower.
Key figures and ratios
ROE
18.2%▲
2023 · 2.0%
Debt ≤ 1 year
€2.4m▼
2023 · €3.6m
Debt > 1 year
€3.2m▼
2023 · €3.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €57,115 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €39,129 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,873 | €16,807 | €537,467 | €328,189 | €735,641 | ▲ 124% |
| Other operating charges640/8 | - | - | €26,581 | €9,187 | €85,601 | ▲ 832% |
| Gross operating margin9900 | €90,657 | €205,683 | €697,386 | €1.6m | €59,571 | ▼ 96.3% |
| Operating profit (loss)9901 | €70,482 | €146,918 | €94,210 | €1.3m | -€761,672 | ▼ 159% |
| Financial income75/76B | - | - | €14.3m | €27,636 | €10.0m | ▲ 36,086% |
| Recurring financial income75 | €29,021 | €9,609 | €14.3m | €27,636 | €10.0m | ▲ 36,086% |
| Financial charges65/66B | - | - | €169,554 | €300,812 | €878,708 | ▲ 192% |
| Recurring financial charges65 | €13,258 | €26,386 | €169,554 | €300,812 | €229,595 | ▼ 23.7% |
| Non-recurring financial charges66B | - | - | - | - | €649,113 | - |
| Profit (loss) for the period before taxes9903 | €520,489 | €130,141 | €14.2m | €1.0m | €8.4m | ▲ 723% |
| Income taxes67/77 | €6,595 | €45,144 | €7,186 | €265,683 | - | - |
| Profit (loss) for the period9904 | €513,894 | €84,997 | €14.2m | €749,764 | €8.4m | ▲ 1,015% |
| Profit (loss) for the period to be appropriated9905 | €513,894 | €84,997 | €14.2m | €749,764 | €8.4m | ▲ 1,015% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28.4m | €29.4m | €45.0m | €45.2m | €51.6m | ▲ 14.3% |
| Fixed assets21/28 | €26.9m | €28.0m | €42.7m | €42.3m | €48.9m | ▲ 15.7% |
| Tangible fixed assets22/27 | €40,962 | €101,259 | €6.6m | €6.4m | €13.0m | ▲ 103% |
| Land and buildings22 | - | - | €6.3m | €6.1m | €12.7m | ▲ 109% |
| Plant, machinery and equipment23 | - | - | €511 | - | - | - |
| Furniture and vehicles24 | - | - | €283,774 | €303,384 | €300,716 | ▼ 0.9% |
| Financial fixed assets28 | €26.9m | €27.9m | €36.1m | €35.9m | €35.9m | ▲ 0.1% |
| Current assets29/58 | €1.4m | €1.3m | €2.3m | €2.9m | €2.7m | ▼ 6.6% |
| Stocks and contracts in progress3 | - | - | €140,000 | - | - | - |
| Stocks30/36 | - | - | €140,000 | - | - | - |
| Amounts receivable within one year40/41 | €397,036 | €707,230 | €250,311 | €554,292 | €336,896 | ▼ 39.2% |
| Trade receivables40 | - | - | €45,051 | €251,777 | €134,938 | ▼ 46.4% |
| Other amounts receivable41 | - | - | €205,260 | €302,514 | €201,958 | ▼ 33.2% |
| Current investments50/53 | - | - | €1.9m | €2.3m | €2.3m | ▲ 1.7% |
| Cash at bank and in hand54/58 | €18,976 | €40,300 | €44,315 | €53,381 | €41,062 | ▼ 23.1% |
| Deferred charges and accrued income490/1 | - | - | €18,407 | €7,550 | €7,514 | ▼ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28.4m | €29.4m | €45.0m | €45.2m | €51.6m | ▲ 14.3% |
| Equity10/15 | €27.6m | €27.7m | €36.9m | €37.7m | €46.0m | ▲ 22.2% |
| Contributions10/11 | €7.5m | €7.5m | €2.5m | €2.5m | €2.5m | = |
| Capital10 | - | - | €2.5m | €2.5m | €2.5m | = |
| Issued capital100 | - | - | €2.5m | €2.5m | €2.5m | = |
| Reserves13 | €20.1m | €20.2m | €34.4m | €35.2m | €43.5m | ▲ 23.8% |
| Non-distributable reserves130/1 | - | - | €1.3m | €1.3m | €1.3m | = |
| Legal reserve130 | - | - | €1.3m | €1.3m | €1.3m | = |
| Distributable reserves133 | - | - | €33.1m | €33.9m | €42.3m | ▲ 24.7% |
| Profit (loss) carried forward14 | €312 | €309 | €745 | €509 | €438 | ▼ 13.9% |
| Amounts payable17/49 | €763,811 | €1.7m | €8.1m | €7.5m | €5.6m | ▼ 25.5% |
| Amounts payable after more than one year17 | - | €1.2m | €3.1m | €3.9m | €3.2m | ▼ 17.6% |
| Financial debts170/4 | - | - | €3.1m | €3.9m | €3.2m | ▼ 17.6% |
| Amounts payable within one year42/48 | €763,316 | €482,036 | €5.0m | €3.6m | €2.4m | ▼ 33.1% |
| Current portion of amounts payable after more than one year42 | - | - | €327,910 | €331,479 | €417,503 | ▲ 26.0% |
| Financial debts43 | - | - | €66,869 | - | - | - |
| Other loans439 | - | - | €66,869 | - | - | - |
| Trade debts44 | €799 | €10,160 | €52,355 | €268,825 | €118,045 | ▼ 56.1% |
| Suppliers440/4 | - | - | €52,355 | €268,825 | €118,045 | ▼ 56.1% |
| Taxes, remuneration and social security45 | - | - | €38,404 | €77,870 | €51,585 | ▼ 33.8% |
| Taxes450/3 | - | - | €34,941 | €77,870 | €51,585 | ▼ 33.8% |
| Remuneration and social security454/9 | - | - | €3,463 | - | - | - |
| Other amounts payable47/48 | - | - | €4.5m | €2.9m | €1.8m | ▼ 37.7% |
| Accrued charges and deferred income492/3 | - | - | €51,165 | €74,765 | €19,030 | ▼ 74.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €513,894 | €84,997 | €14.2m | €749,764 | €8.4m | ▲ 1,015% |
| + Depreciation and write-downs630 | €16,873 | €16,807 | €537,467 | €328,189 | €735,641 | ▲ 124% |
| Operating cash flow (approximation) | €530,766 | €101,804 | €14.8m | €1.1m | €9.1m | ▲ 744% |
| Investment in fixed assets (approximation) | - | -€1.1m | -€15.2m | €102,711 | -€7.4m | ▼ 7,276% |
| Change in cash | - | €21,324 | €4,015 | €9,066 | -€12,319 | ▼ 236% |
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
2025
10-11
State Gazette act
Merger proposal · Merger
Capital · Corporate purpose
09-10
State Gazette act
General meeting · Director reappointment
Permanent representative · Auditor reappointment
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €14.2m ▲16,642%
Net result €14.2m, the highest in the series.
11-04
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €513,894
Net result €513,894 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€2.2m
Net result drops to -€2.2m, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial
Liquidity times 8current ratio 5.20
Current ratio from 0.63 to 5.20; short-term debt falls from €1.7m to €389,424.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Hove · 1 establishment unit since 2002
Ground area
554 m²
Building footprint
382 m²
Volume, LiDAR
2,180 m³
Parcel 11021A0094/00A003, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Mortselsesteenweg 101, 2540 Hove
since 20022.101.711.074
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0094/00A003 | Flanders | 554 m² | 1 · 382 m² | 10.9 m · 2 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.
Structure & network
Owners and holdings
6 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 6
-
100%
-
100%
-
50%
-
33.33%
-
1.09%
-
0.01%
According to the 2024 annual accounts of YAELMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Acquisitions and mergers
1 transactionTook over:Moyale NV
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 2,857 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476241195
Also
9925:BE0476241195
Registered
25-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.