Financials
- Fiscal year
- 2024
- Total assets
- €16,016
- Profit
- €104
- Solvency
- -22.8%
Total assets▼ 25.7%
Net result
20182024
YALCINLAR
ActiveSummary
The computed 12-month bankruptcy probability of YALCINLAR is 1.6% (moderate). The 2024 annual accounts show negative equity (-€3,647) and a net result of €104. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 26069 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of lighting equipment
NACE 47552NACE 47592NACE 52442
2 sites
Size
€16,016total assets 2024
- Equity
- -€3,647
- Profit
- €104
Turnover not published (abridged schema)
Structure
Accounts 65 d overdue0 of 3 deeds read
Why 54Capped at 59: negative equity- Figures for FY 2024 (filed 08-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 late+ Founded in 2005+ Size: total assets €16,016Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 30% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency
2-6
equity -22.8% of total assets
Liquidity
24+15
short-term debt 122.2% · cash 19.2%
Profitability
56+32
return on assets 0.7%
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.2%● 0.0% vs 11-2024
01-2025: 1.1%▼ -1.0% vs 12-2024
02-2025: 1.1%● 0.0% vs 01-2025
03-2025: 1.2%▲ +0.8% vs 02-2025
04-2025: 1.2%▲ +4.1% vs 03-2025
05-2025: 1.2%▼ -3.8% vs 04-2025
06-2025: 1.2%▲ +1.9% vs 05-2025
07-2025: 1.4%▲ +22.1% vs 06-2025
08-2025: 1.9%▲ +33.8% vs 07-2025
09-2025: 1.9%▼ -1.4% vs 08-2025
10-2025: 2.3%▲ +23.7% vs 09-2025highest value
11-2025: 0.8%▼ -66.1% vs 10-2025
12-2025: 0.8%● 0.0% vs 11-2025
01-2026: 0.8%▼ -1.1% vs 12-2025
02-2026: 0.8%● 0.0% vs 01-2026
03-2026: 0.8%▼ -0.3% vs 02-2026
04-2026: 0.8%▲ +0.5% vs 03-2026
05-2026: 0.8%▼ -3.9% vs 04-2026lowest value
06-2026: 0.8%▲ +0.3% vs 05-2026
07-2026: 0.8%▲ +10.0% vs 06-2026
08-2026: 1.2%▲ +43.4% vs 07-2026
09-2026: 1.3%▲ +12.8% vs 08-2026
10-2026: 1.6%▲ +17.4% vs 09-2026
- Founded in 2005 lowers the probability for this profile
- Figures for FY 2024 (filed 08-10-2025) raises the probability
- Size: total assets €16,016 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.44 against 0.44 in 2023; short-term debt: 122.2% and cash: 19.2% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 13%, liquidity 21%, profitability 40%, growth against the median 47%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 26069 sector peers (2024).
NBB · sector comparisonPosition among 26069 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
44 d early
2022
65 d early
2021
44 d early
2020
53 d early
2019
59 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 34 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €104
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 30-09-2025Annual accounts filed
- 31-12-2024Back to profit
- 17-06-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Retail sale of lighting equipmentNACE 47552
- Founded
- 04-02-2005
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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