YARDBIRD
ActiveSummary
YARDBIRD has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,847 and a net result of €3,613. Equity has been growing by about 50% per year since 2018. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-05-1989 Normal situation
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- Neirynck ChristianManaging director
- Noel de Burlin OlivierDirector · since 25-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €7,190
- ▼ 43.4%
- Turnover
- ≈ €49,000
- estimated
- Profit
- €3,613
- ▼ 60.8%
- Equity
- €23,847
- ▲ 17.9%
- Total assets
- €144,156
- ▼ 0.6%
Score breakdownraises riskLiquiditeit niet neergelegdNo registered site in the KBOlowers riskSize: total assets €144,156Founded in 1989Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 26% of them on solvency, 8% on liquidity, 33% on profitability and 75% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 28 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 37 filings
Every figure per financial year
The operating result for 2025 is 61% lower than in 2024 and the lowest since 2021.
The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €9,982 | - | - | - |
| Depreciation and write-downs of the year | €300 | €550 | €799 | €799 | €799 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €200 | €300 | €300 | €300 | €550 | €799 | €799 | €799 | = |
| Other operating charges640/8 | - | - | - | €2,322 | €2,370 | €2,601 | €2,705 | €2,778 | ▲ 2.7% |
| Gross operating margin9900 | €4,391 | €10,473 | €9,021 | €9,497 | €11,148 | €10,215 | €12,710 | €7,190 | ▼ 43.4% |
| Operating profit (loss)9901 | €1,951 | €7,894 | €6,413 | €6,876 | €8,229 | €6,815 | €9,206 | €3,613 | ▼ 60.8% |
| Financial income75/76B | - | - | - | - | - | €52 | - | - | - |
| Recurring financial income75 | - | - | - | - | - | €52 | - | - | - |
| Non-recurring financial income76B | - | - | - | - | - | €52 | - | - | - |
| Financial charges65/66B | - | - | - | €46 | €25 | - | - | - | - |
| Recurring financial charges65 | €47 | €46 | €44 | €46 | €25 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1,904 | €7,848 | €6,369 | €6,830 | €8,205 | €6,867 | €9,206 | €3,613 | ▼ 60.8% |
| Profit (loss) for the period9904 | €1,904 | €7,848 | €6,369 | €6,830 | €8,205 | €6,867 | €9,206 | €3,613 | ▼ 60.8% |
| Profit (loss) for the period to be appropriated9905 | €1,904 | €7,848 | €6,369 | €6,830 | €8,205 | €6,867 | €9,206 | €3,613 | ▼ 60.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €136,524 | €137,784 | €137,440 | €137,121 | €146,553 | €145,754 | €144,955 | €144,156 | ▼ 0.6% |
| Fixed assets21/28 | €136,021 | €137,721 | €137,421 | €137,121 | €146,553 | €145,754 | €144,955 | €144,156 | ▼ 0.6% |
| Tangible fixed assets22/27 | €136,021 | €137,721 | €137,421 | €137,121 | €146,553 | €145,754 | €144,955 | €144,156 | ▼ 0.6% |
| Land and buildings22 | - | - | - | €137,121 | €146,553 | €145,754 | €144,955 | €144,156 | ▼ 0.6% |
| Current assets29/58 | €504 | €63 | €19 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €504 | €63 | €19 | - | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €136,524 | €137,784 | €137,440 | €137,121 | €146,553 | €145,754 | €144,955 | €144,156 | ▼ 0.6% |
| Equity10/15 | -€25,091 | -€17,243 | -€10,873 | -€4,043 | €4,161 | €11,028 | €20,234 | €23,847 | ▲ 17.9% |
| Contributions10/11 | €66,931 | €66,931 | €66,931 | €66,931 | €66,931 | €66,931 | €66,931 | €66,931 | = |
| Capital10 | - | - | - | €66,931 | €66,931 | €66,931 | €66,931 | €66,931 | = |
| Issued capital100 | - | - | - | €66,931 | €66,931 | €66,931 | €66,931 | €66,931 | = |
| Profit (loss) carried forward14 | -€92,022 | -€84,174 | -€77,804 | -€70,974 | -€62,770 | -€55,903 | -€46,697 | -€43,084 | ▲ 7.7% |
| Amounts payable17/49 | €161,615 | €155,026 | €148,313 | €141,164 | €142,392 | €134,726 | €124,721 | €120,309 | ▼ 3.5% |
| Amounts payable within one year42/48 | €161,615 | €155,026 | €148,313 | €141,164 | €142,392 | €134,726 | €124,721 | €120,309 | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €27 | - | - | - | - | - |
| Financial debts43 | - | - | - | - | €52 | - | - | - | - |
| Credit institutions430/8 | - | - | - | - | €52 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €141,137 | €142,340 | €134,726 | €124,721 | €120,309 | ▼ 3.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,904 | €7,848 | €6,369 | €6,830 | €8,205 | €6,867 | €9,206 | €3,613 | ▼ 60.8% |
| + Depreciation and write-downs630 | €200 | €300 | €300 | €300 | €550 | €799 | €799 | €799 | = |
| Operating cash flow (approximation) | €2,104 | €8,148 | €6,669 | €7,130 | €8,754 | €7,666 | €10,005 | €4,412 | ▼ 55.9% |
| Investment in fixed assets (approximation) | - | -€2,000 | €0 | €0 | -€9,982 | €0 | €0 | €0 | - |
| Change in cash | - | -€441 | -€44 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,984 companies had the same profile as YARDBIRD has now. Two years later, 96.5% were still going and 1.1% had gone bankrupt.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of YARDBIRD itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,984 companies, not a prediction for YARDBIRD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-06-2026 | 2026-00210716 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00193574 | |
| 31-12-2023 | micro format | 02-07-2024 | 2024-00193665 | |
| 31-12-2022 | micro format | 05-07-2023 | 2023-00203663 | |
| 31-12-2021 | micro format | 07-07-2022 | 2022-20165791 | |
| 31-12-2020 | full format | 28-06-2021 | 2021-24900590 | |
| 31-12-2019 | full format | 10-07-2020 | 2020-28100461 | |
| 31-12-2018 | full format | 25-06-2019 | 2019-21600351 | |
| 31-12-2017 | full format | 05-07-2018 | 2018-28300527 | |
| 31-12-2016 | full format | 28-06-2017 | 2017-21900329 |
Board & ownership
Directors
Board 2
Day-to-day management 1
Owners and capital
Owners
Mandate history
- Board
- Day-to-day management
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| Neirynck Christian |
|
| Noel de Burlin Olivier |
|
| Neirynck Margot |
|
| Vanessa Neirynck |
|
Network & group
YARDBIRD shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of YARDBIRD. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-09
Gazette deed
Reappointments: Neirynck Christian, Noel de Burlin Olivier and Neirynck MargotAppointment: Neirynck Christian (managing director)5 points ▸
- General meeting, 26-06-2025
- Director reappointment, Neirynck Christian (director)
- Director reappointment, Noel de Burlin Olivier (director)
- Director reappointment, Neirynck Margot (director)
- Director appointment, Neirynck Christian (managing director)
24-01
Gazette deed
Resignation: Vanessa Neirynck (director)Appointment: Margot Neirynck (director)3 points ▸
- General meeting, 06-12-2022
- Director resignation, Vanessa Neirynck (director)
- Director appointment, Margot Neirynck (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21612C0200/00R003 | Brussels | 895 m² | 1 · 164 m² | 9.9 m · 2 |