YAELYS
Open bankruptcyA bankruptcy procedure is open for YAELYS according to publications in the Belgian State Gazette; curator: ELEONORE WESTERLINCK.
Summary
The 2023 annual accounts show negative equity (-€17,307) and a net result of -€18,412.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Declared bankrupt
- 11 December 2025
- Supervising judge
- Philippe De Bellefroid
- Official Gazette
- 19-12-2025 (pdf) ↗search the document for 2025/153009
Deadlines
- Appeal or third-party opposition until
- passed on 3 January 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 10 January 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 22 January 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 11 December 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Eleonore WesterlinckRue De Saint Ghislain 11, 1348 Louvain-La-Neuveew@westerlinck.com
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Manufacture of chemicals and chemical products sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€17,307
2022 · €1,105
Total assets
€84,201▲ 12.2%
2022 · €75,012
Net result
-€18,412▼ 276%
2022 · -€4,895
Working capital
€5,944▼ 85.7%
2022 · €41,650
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, 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
Line20222023
Operating result-€3,468--€16,792▼ 384%
Net result-€4,895within the sector's middle half--€18,412below the sector's middle half▼ 276%
Equity€1,105within the sector's middle half--€17,307below the sector's middle half
Total assets€75,012within the sector's middle half-€84,201within the sector's middle half▲ 12.2%
Debt€73,907-€101,507▲ 37.3%
Working capital€41,650within the sector's middle half-€5,944within the sector's middle half▼ 85.7%
Solvency1.5%within the sector's middle half--20.6%within the sector's middle half▼ 22.0pp
Current ratio3.20above the sector's middle half-1.11within the sector's middle half▼ 2.09
Return on assets (ROA)-6.5%within the sector's middle half--21.9%below the sector's middle half▼ 15.3pp
above
within
below
the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16,792 in 2023 against €3,468 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €84,201
Fixed assets
€25,594 ▲ 77.4%
Current assets
€58,606 ▼ 3.3%
Key figures and ratios
EBITDA
-€11,895
Cash flow
-€13,514
Quick ratio
0.15▼
2022 · 1.29
Debt to equity
-5.87▼
2022 · 66.90
Interest coverage
-6.06
Debt ≤ 1 year
€52,662▲
2022 · €18,932
Debt > 1 year
€48,782▼
2022 · €54,975
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,897 | - |
| Gross operating margin9900 | -€3,468 | -€11,895 | ▼ 243% |
| Operating profit (loss)9901 | -€3,468 | -€16,792 | ▼ 384% |
| Financial income75/76B | €3 | €344 | ▲ 12,113% |
| Recurring financial income75 | €3 | €344 | ▲ 12,113% |
| Financial charges65/66B | €1,430 | €1,964 | ▲ 37.4% |
| Recurring financial charges65 | €1,430 | €1,964 | ▲ 37.4% |
| Profit (loss) for the period before taxes9903 | -€4,895 | -€18,412 | ▼ 276% |
| Profit (loss) for the period9904 | -€4,895 | -€18,412 | ▼ 276% |
| Profit (loss) for the period to be appropriated9905 | -€4,895 | -€18,412 | ▼ 276% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €75,012 | €84,201 | ▲ 12.2% |
| Fixed assets21/28 | €14,430 | €25,594 | ▲ 77.4% |
| Intangible fixed assets21 | €12,705 | €22,990 | ▲ 81.0% |
| Tangible fixed assets22/27 | - | €879 | - |
| Furniture and vehicles24 | - | €879 | - |
| Financial fixed assets28 | €1,725 | €1,725 | = |
| Current assets29/58 | €60,582 | €58,606 | ▼ 3.3% |
| Stocks and contracts in progress3 | €36,225 | €50,722 | ▲ 40.0% |
| Stocks30/36 | €36,225 | €50,722 | ▲ 40.0% |
| Amounts receivable within one year40/41 | €15,068 | €2,618 | ▼ 82.6% |
| Trade receivables40 | €14,404 | €1,927 | ▼ 86.6% |
| Other amounts receivable41 | €665 | €691 | ▲ 4.0% |
| Cash at bank and in hand54/58 | €9,194 | €5,238 | ▼ 43.0% |
| Deferred charges and accrued income490/1 | €95 | €27 | ▼ 71.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €75,012 | €84,201 | ▲ 12.2% |
| Equity10/15 | €1,105 | -€17,307 | ▼ 1,667% |
| Contributions10/11 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | -€4,895 | -€23,307 | ▼ 376% |
| Amounts payable17/49 | €73,907 | €101,507 | ▲ 37.3% |
| Amounts payable after more than one year17 | €54,975 | €48,782 | ▼ 11.3% |
| Financial debts170/4 | €54,975 | €48,782 | ▼ 11.3% |
| Amounts payable within one year42/48 | €18,932 | €52,662 | ▲ 178% |
| Current portion of amounts payable after more than one year42 | €6,329 | €15,793 | ▲ 150% |
| Trade debts44 | €11,965 | €10,958 | ▼ 8.4% |
| Suppliers440/4 | €11,965 | €10,958 | ▼ 8.4% |
| Other amounts payable47/48 | €638 | €25,911 | ▲ 3,959% |
| Accrued charges and deferred income492/3 | - | €63 | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€4,895 | -€18,412 | ▼ 276% |
| + Depreciation and write-downs630 | - | €4,897 | - |
| Operating cash flow (approximation) | -€4,895 | -€13,514 | ▼ 176% |
| Investment in fixed assets (approximation) | - | -€16,062 | - |
| Change in cash | - | -€3,955 | - |
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
19-12
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 11-12-2025
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 134 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Waterloo · 1 establishment unit since 2022
Ground area
1,216 m²
Building footprint
494 m²
Volume, LiDAR
3,997 m³
2 parcels, Brussels, Wallonia · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
YAELYS
since 20222.333.069.239
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764Q0515/00P002 | Wallonia | 869 m² | 1 · 166 m² | 7.1 m · 2 fl. |
| 21616A0121/00Y002 | Brussels | 347 m² | 1 · 329 m² | 17.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 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 | ELEONORE WESTERLINCK RUE DE SAINT
GHISLAIN 11, 1348 LOUVAIN-LA-NEUVE |
11-12-2025 → present |
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Of 243 companies in sector 20420 we hold annual accounts for 96. 16 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
Founded07-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
20420Manufacture of chemicals and chemical products
46150Agents in the wholesale of furniture, household goods and hardware
47750Retail sale of cosmetics and toilet articles
73300Public relations and communication consultancy
85592Vocational training
93299Other amusement and recreation activities
Contact
E-mail
info@queenccosmetics.com
Phone
+32477919319
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.