YASA PROJECTS
ActiveYASA PROJECTS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €94k and a net result of €2k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 76% of 19351 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability20▲+20
Solvency91▲+6
Growth43=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 5.49 against 4.72 in 2023; short-term debt: 18.1% and cash: 0% of total assets), and 33.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
31 d late
2022
92 d early
2021
92 d late
2020
93 d early
2019
122 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€139k▼ 30.7%
2019 · €201k
2018: €148k
2019: €201k
2018 → 2020
EBIT margin
7.7%▲ 12.0pp
2019 · -4.3%
2018: 4.7%
2019: -4.3%
2018 → 2020
Net result
€2k
2023 · €-27k
2018: €6k
2019: €-9k
2020: €8k
2021: €19k
2022: €92k
2023: €-27k
2018 → 2024
Working capital
€115k▼ 3.4%
2023 · €119k
2018: €43k
2019: €39k
2020: €50k
2021: €28k
2022: €119k
2023: €119k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€139k-
Equity€60k-€28k▼ 53.5%€119k▲ 330%€92k▼ 22.8%€94k▲ 2.1%
Operating result€11k-€20k▲ 84.8%€116k▲ 487%€-27k€-1k▲ 95.1%
Net result€8k-€19k▲ 127%€92k▲ 389%€-27k€2k
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 €1k in 2024 against €27k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €142k
Fixed assets
€696▼ 43.1%
Current assets
€141k▼ 6.9%
Equity and liabilities €142k
Equity
€94k▲ 2.1%
Debt
€48k▼ 21.3%
The debt ratio falls from 39.7% to 33.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-781▲
2023 · €-26k
Cash flow
€2k▲
2023 · €-27k
Solvency
66.3%▲
2023 · 60.3%
Current ratio
5.49▲
2023 · 4.72
Quick ratio
5.40▲
2023 · 4.64
Debt / equity
0.51▼
2023 · 0.66
ROE
2.0%▲
2023 · -29.5%
ROA
1.4%▲
2023 · -17.8%
Interest coverage
-0.25▲
2023 · -4.68
Debt
€48k▼
2023 · €61k
Debt ≤ 1 year
€26k▼
2023 · €32k
Debt > 1 year
€22k▼
2023 · €29k
Income taxes
€275▲
2023 · €273
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€153k€142k▼
Fixed assets21/28€1k€696▼
Tangible fixed assets22/27€1k€696▼
Plant, machinery and equipment23€1k€696▼
Current assets29/58€151k€141k▼
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€127k€137k▲
Trade receivables40€18k€27k▲
Other amounts receivable41€109k€110k▲
Cash at bank and in hand54/58€20k€67▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€153k€142k▼
Equity10/15€92k€94k▲
Contributions10/11€19k€19k=
Reserves13€101k€101k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€99k€99k=
Profit (loss) carried forward14€-27k€-25k▲
Amounts payable17/49€61k€48k▼
Amounts payable after more than one year17€29k€22k▼
Financial debts170/4€29k€22k▼
Amounts payable within one year42/48€32k€26k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€2k€9k▲
Suppliers440/4€2k€9k▲
Taxes, remuneration and social security45€24k€10k▼
Taxes450/3€24k€10k▼
Income statement
Code20232024
Non-recurring operating income76A€13k-
Remuneration, social security and pensions62€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€360€528▲
Other operating charges640/8€708€1k▲
Gross operating margin9900€-20k€230▲
Operating profit (loss)9901€-27k€-1k▲
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€-27k€2k▲
Income taxes67/77€273€275▲
Profit (loss) for the period9904€-27k€2k▲
Profit (loss) for the period to be appropriated9905€-27k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-25k▲
Profit (loss) brought forward from the previous period14P-€-27k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-27k ▼130%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €92k ▲389%
Operating result €116k, net result €92k, both a record.
31-12
Financial
Equity above €100kEq €119k ▲330%
3 profitable years in a row build equity to €119k.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 122 days late
Financial 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
Registered office, Heusden-Zolder · 1 establishment unit since 2011
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.
Halstraat 413550 Heusden-ZolderGround area
928 m²
Building footprint
469 m²
Volume, LiDAR
2,584 m³
Parcel 71025A0214/00N000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Halstraat 41, 3550 Heusden-Zolder
since 20112.225.728.148
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A0214/00N000 | Flanders | 928 m² | 1 · 469 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
11 categoriesYASA PROJECTS BV38260
Similar companies · same sector, comparable size
EIBO GROUP
BE 0785.482.046
Peer · Eq €94k
BLUETECH SERVICES
BE 0538.487.184
Brussel · Eq €94k
Coenen Luc
BE 0734.942.967
Maasmechelen · Eq €94k
CONSTRUCON
BE 0737.409.044
Gent · Eq €94k
CREAVISION
BE 0563.688.081
Ittre · Eq €94k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,381. 5,289 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2011
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.