Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 43, micro). It does better than 3% of them on solvency, 4% on liquidity, 4% on profitability and 2% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
In July 2024, 6,907 companies had the same profile as YASCOM has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of YASCOM itself: 2.8% within 12 months.
The method was tested on the 497,447 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 6,907 companies, not a prediction for YASCOM. 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.
Liquidity is insufficient, with a current ratio of 0.17 (0.4 in 2024), below 1. Short-term debt is 200.5% and cash 3.5% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| YASCOM Ixelles | €71,246 | -€28,647 | -100.5% | - |
| PRIKKEN ELECTRO Maaseik | €71,325 | -€10,619 | 31.6% | - |
| ANTI FIRE SYSTEMS Roeselare | €77,421 | -€19,928 | 91.0% | - |
| PETER MOREELS Kortrijk | €79,260 | -€404 | 27.6% | - |
| CREALEC Lier | €76,238 | -€19,101 | -14.5% | - |
| GLP Electro Services Sint-Niklaas | €70,030 | -€606 | 100.0% | - |
| DSE Antwerp | €67,907 | -€10,701 | -78.7% | - |
These companies have the same main activity as YASCOM: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €67,900 and €79,300, founded between 2007 and 2011.
YASCOM files the micro format. That format states no turnover. The gross margin fell from €11,622 in 2009 to -€28,647 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Lower than 95% of 35,136 companies in 2025.
Lower than 95% of 34,510 companies in 2025.
Lower than 95% of 34,711 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
71,246 | 123,906 | 123,527 | 169,920 | 229,118 | 196,687 | 145,663 | 149,407 | 58,117 | 51,581 | 67,621 | 54,855 | 39,616 | 26,263 | 28,913 | 36,167 | 31,946 | |
21/28 |
46,865 | 63,386 | 4,635 | 8,202 | 2,093 | 81 | 455 | 2,262 | 8,801 | 11,867 | 14,584 | 20,262 | 1,632 | 736 | 1,115 | 1,952 | 4,575 | |
22/27 |
46,865 | 63,386 | 4,635 | 8,202 | 2,093 | 81 | 455 | 2,262 | 8,801 | 11,867 | 14,584 | 20,262 | 1,632 | 736 | 1,115 | 1,952 | 4,575 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 178 | 301 | |
24 |
46,865 | 63,386 | 4,635 | 8,202 | 2,093 | 81 | 455 | 2,262 | 8,801 | 11,867 | 14,584 | 20,262 | 1,632 | 736 | 1,115 | 1,774 | 4,274 | |
29/58 |
24,381 | 60,520 | 118,892 | 161,718 | 227,024 | 196,606 | 145,208 | 147,145 | 49,316 | 39,714 | 53,037 | 34,594 | 37,984 | 25,527 | 27,798 | 34,215 | 27,371 | |
40/41 |
9,194 | 9,302 | 7,322 | 11,921 | 4,765 | 13,537 | 119,780 | 131,239 | 30,792 | 24,862 | 52,174 | 33,549 | 31,282 | 20,060 | 26,801 | 31,744 | 22,976 | |
40 |
- | - | 2,155 | 3,812 | 727 | 13,108 | 113,108 | 128,778 | 11,010 | 11,296 | 15,915 | 2,100 | 4,520 | - | 640 | 2,916 | 22,976 | |
41 |
9,194 | 9,302 | 5,168 | 8,110 | 4,038 | 429 | 6,672 | 2,461 | 19,782 | 13,566 | 36,259 | 31,449 | 26,762 | 20,060 | 26,161 | 28,828 | - | |
54/58 |
2,527 | 38,660 | 100,912 | 141,967 | 220,937 | 176,963 | 24,678 | 15,034 | 18,524 | 14,852 | - | 1,045 | 6,701 | 5,467 | 509 | 2,471 | 4,026 | |
490/1 |
12,661 | 12,558 | 10,658 | 7,830 | 1,322 | 6,106 | 750 | 872 | - | - | 863 | - | - | - | 488 | - | 369 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
71,246 | 123,906 | 123,527 | 169,920 | 229,118 | 196,687 | 145,663 | 149,407 | 58,117 | 51,581 | 67,621 | 54,855 | 39,616 | 26,263 | 28,913 | 36,167 | 31,946 | |
10/15 |
-71,614 | -26,077 | 23,658 | 71,794 | 119,716 | 105,535 | 68,421 | 108,873 | 44,866 | 35,046 | 26,589 | 16,790 | 23,529 | 17,411 | 16,755 | 13,562 | 13,092 | |
10/11 |
14,255 | 14,255 | 14,255 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
101 |
- | - | - | - | - | - | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | |
13 |
45,000 | 45,000 | 45,000 | 46,855 | 46,855 | 39,355 | 4,355 | 4,355 | 4,355 | 4,355 | 4,355 | 4,355 | 4,355 | 4,355 | 4,355 | 963 | 540 | |
130/1 |
- | - | - | - | 1,855 | 1,855 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 963 | 540 | |
1311 |
- | - | - | - | 1,855 | 1,855 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | - | - | |
133 |
45,000 | 45,000 | 45,000 | 46,855 | 45,000 | 35,000 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-130,869 | -85,332 | -35,597 | 12,539 | 60,461 | 53,780 | 51,666 | 92,118 | 28,111 | 18,291 | 9,834 | 35 | 6,774 | 656 | - | 199 | 152 | |
16 |
- | - | - | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | - | |
160/5 |
- | - | - | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | - | |
17/49 |
142,860 | 149,983 | 99,869 | 98,125 | 109,402 | 91,152 | 77,242 | 40,535 | 13,250 | 16,535 | 26,032 | 38,065 | 16,087 | 8,852 | 12,158 | 22,605 | 18,854 | |
17 |
- | - | - | - | - | - | - | - | 1,135 | 5,604 | 9,961 | 14,209 | - | - | - | - | - | |
170/4 |
- | - | - | - | - | - | - | - | 1,135 | 5,604 | 9,961 | 14,209 | - | - | - | - | - | |
42/48 |
142,860 | 149,983 | 99,869 | 98,125 | 109,402 | 91,152 | 77,242 | 40,535 | 12,115 | 10,931 | 16,071 | 23,856 | 16,087 | 8,252 | 11,558 | 22,005 | 18,254 | |
42 |
- | - | - | - | - | - | - | 1,135 | 4,469 | 4,357 | 4,248 | 4,141 | - | - | - | - | - | |
43 |
- | - | 193 | - | - | - | - | - | - | - | 2,451 | - | - | - | - | - | - | |
430/8 |
- | - | 193 | - | - | - | - | - | - | - | 2,451 | - | - | - | - | - | - | |
44 |
78 | 67 | 129 | 376 | 235 | 52 | 244 | 128 | 590 | 2,005 | 4,495 | 2,381 | 221 | 2,661 | 1,316 | 1,213 | 504 | |
440/4 |
78 | 67 | 129 | 376 | 235 | 52 | 244 | 128 | 590 | 2,005 | 4,495 | 2,381 | 221 | 2,661 | 1,316 | 1,213 | 504 | |
45 |
438 | 955 | 4,553 | 1,388 | 9,837 | 1,734 | 3,469 | 1,122 | 7,056 | 4,569 | 4,878 | 10,209 | 6,657 | 4,383 | 9,159 | 12,792 | 6,289 | |
450/3 |
438 | 955 | 1,051 | 320 | 7,569 | 1,734 | 3,469 | 1,122 | 7,056 | 4,569 | 3,744 | 10,209 | 6,657 | 4,383 | 9,159 | 12,792 | 6,289 | |
454/9 |
- | - | 3,502 | 1,068 | 2,268 | - | - | - | - | - | 1,133 | - | - | - | - | - | - | |
47/48 |
142,344 | 148,961 | 94,994 | 96,361 | 99,330 | 89,367 | 73,530 | 38,151 | - | - | - | 7,125 | 9,209 | 1,209 | 1,083 | 8,000 | 11,461 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 600 | 600 | 600 | 600 | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 41,196 | |
9900 |
-28,647 | -33,136 | -43,601 | -45,087 | 25,378 | 45,847 | -18,769 | 140,028 | 48,364 | 29,905 | 36,005 | 12,436 | 21,426 | 8,514 | 9,277 | 16,702 | 11,622 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29,574 | |
630 |
16,521 | 14,694 | 3,567 | 2,500 | 733 | 374 | 1,807 | 7,660 | 7,367 | 5,933 | 5,677 | 5,677 | 1,296 | 647 | 2,331 | 2,623 | 797 | |
635/8 |
- | - | - | - | - | - | - | - | - | -15,000 | 15,000 | - | - | - | - | - | - | |
640/8 |
- | 387 | 657 | 348 | 597 | 449 | 409 | 491 | 659 | 604 | 517 | 218 | 880 | 873 | 847 | 395 | - | |
9901 |
-45,169 | -48,217 | -47,825 | -47,934 | 24,048 | 45,024 | -20,986 | 131,878 | 40,339 | 38,368 | 14,810 | 6,540 | 19,249 | 6,994 | 6,098 | 13,684 | 10,825 | |
75/76B |
- | - | - | - | 3 | - | 4 | 4 | 26 | 230 | 4 | 2 | - | - | - | - | 6 | |
75 |
- | - | - | - | 3 | - | 4 | 4 | 26 | 230 | 4 | 2 | - | - | - | - | 6 | |
65/66B |
130 | 1,313 | 180 | 243 | 2,109 | 1,789 | 18,644 | 50,045 | 25,860 | 25,882 | 622 | 489 | 91 | 174 | 82 | 48 | 27 | |
65 |
130 | 1,313 | 180 | 243 | 2,109 | 1,789 | 18,644 | 50,045 | 25,860 | 25,882 | 622 | 489 | 91 | 174 | 82 | 48 | 27 | |
9903 |
-45,299 | -49,530 | -48,005 | -48,177 | 21,943 | 43,235 | -39,626 | 81,837 | 14,505 | 12,716 | 14,192 | 6,053 | 19,158 | 6,820 | 6,017 | 13,636 | 10,804 | |
67/77 |
238 | 205 | 132 | -255 | 6,962 | 5,321 | 14 | 17,831 | 4,684 | 4,259 | 4,393 | 3,291 | 3,428 | 1,552 | 1,379 | 5,166 | 3,712 | |
9904 |
-45,537 | -49,735 | -48,137 | -47,921 | 14,981 | 37,914 | -39,640 | 64,006 | 9,821 | 8,457 | 9,799 | 2,761 | 15,730 | 5,268 | 4,638 | 8,470 | 7,092 | |
789 |
- | - | - | - | 2,500 | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,500 | - | - | |
9905 |
-45,537 | -49,735 | -48,137 | -47,921 | 17,481 | 37,914 | -39,640 | 64,006 | 9,821 | 8,457 | 9,799 | 2,761 | 15,730 | 5,268 | 2,138 | 8,470 | 7,092 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-130,869 | -85,332 | -35,597 | 12,539 | 71,261 | 89,580 | 52,478 | 92,118 | 28,111 | 18,291 | 9,834 | 9,535 | 16,386 | 5,268 | 2,336 | 8,622 | 7,092 | |
14P |
-85,332 | -35,597 | 12,539 | 60,461 | 53,780 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 10,000 | 35,000 | - | - | - | - | - | - | - | - | 892 | 423 | 540 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 892 | 423 | 540 | |
6921 |
- | - | - | - | 10,000 | 35,000 | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | 800 | 800 | 812 | - | - | - | - | 9,500 | 9,612 | 4,612 | 1,445 | 8,000 | 6,400 | |
694 |
- | - | - | - | 800 | 800 | 812 | - | - | - | - | - | 1,612 | 1,612 | 1,445 | 8,000 | 6,400 | |
695 |
- | - | - | - | - | - | - | - | - | - | - | 9,500 | 8,000 | 3,000 | - | - | - | |
| Social balance sheet | ||||||||||||||||||
Hours worked1013 |
- | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 12-08-2026.
2025 annual accounts filed 12 days after the deadline. Filed on 12 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00398828.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 12-08-2026 | 2026-00398828 | |
| 31-12-2024 | micro format | 01-09-2025 | 2025-00473260 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00441758 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00363170 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20350094 | |
| 31-12-2020 | micro format | 04-05-2021 | 2021-13100505 | |
| 31-12-2019 | micro format | 15-06-2020 | 2020-16800032 | |
| 31-12-2018 | micro format | 25-07-2019 | 2019-38500346 | |
| 31-12-2017 | micro format | 13-08-2018 | 2018-45400289 | |
| 31-12-2016 | micro format | 28-07-2017 | 2017-38900386 | |
| 31-12-2015 | full format | 04-05-2016 | 2016-11700469 | |
| 31-12-2014 | full format | 22-06-2015 | 2015-19900204 | |
| 31-12-2013 | full format | 07-07-2014 | 2014-27800568 | |
| 31-12-2012 | full format | 16-05-2013 | 2013-12200562 | |
| 31-12-2011 | full format | 12-06-2012 | 2012-16400104 | |
| 31-12-2010 | full format | 25-04-2011 | 2011-09000458 | |
| 31-12-2009 | full format | 11-07-2010 | 2010-30900122 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -28,647 | -33,523 | -44,258 | -45,434 | 24,781 | 45,398 | -19,178 | 139,538 | 47,706 | 44,301 | 20,488 | 12,218 | 20,545 | 7,640 | 8,430 | 16,307 | 11,622 | ||
| -29,015 | -35,041 | -44,570 | -45,421 | 15,714 | 38,288 | -37,832 | 71,666 | 17,187 | 14,390 | 15,476 | 8,439 | 17,026 | 5,915 | 6,969 | 11,093 | 7,889 | ||
| 0 | 73,445 | 0 | 10,702 | 2,745 | 0 | 0 | 1,121 | 4,301 | 3,216 | 0 | 24,307 | 2,448 | 269 | 1,671 | 0 | 5,372 | ||
| -36,132 | -62,252 | -41,055 | -78,969 | 43,973 | 152,285 | 9,644 | -3,490 | 3,672 | - | - | -5,656 | 1,234 | 4,958 | -1,962 | -1,555 | - | ||
| -118,478 | -89,463 | 19,023 | 63,593 | 117,622 | 105,454 | 67,966 | 106,610 | 37,201 | 28,783 | 36,966 | 10,737 | 21,896 | 17,274 | 16,240 | 12,210 | 9,117 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.3% | ||
| -100.5% | -21.0% | 19.2% | 42.3% | 52.3% | 53.7% | 47.0% | 72.9% | 77.2% | 67.9% | 39.3% | 30.6% | 59.4% | 66.3% | 58.0% | 37.5% | 41.0% | ||
| 0.17 | 0.40 | 1.19 | 1.65 | 2.08 | 2.16 | 1.88 | 3.63 | 4.07 | 3.63 | 3.30 | 1.45 | 2.36 | 3.09 | 2.41 | 1.55 | 1.50 | ||
| - | - | 4.22 | 1.37 | 0.91 | 0.86 | 1.13 | 0.37 | 0.30 | 0.47 | 0.98 | 2.27 | 0.68 | 0.51 | 0.73 | 1.67 | 1.44 | ||
| - | - | -203.5% | -66.7% | 12.5% | 35.9% | -57.9% | 58.8% | 21.9% | 24.1% | 36.9% | 16.4% | 66.9% | 30.3% | 27.7% | 62.5% | 54.2% | ||
| -63.9% | -40.1% | -39.0% | -28.2% | 6.5% | 19.3% | -27.2% | 42.8% | 16.9% | 16.4% | 14.5% | 5.0% | 39.7% | 20.1% | 16.0% | 23.4% | 22.2% | ||
| -220.18 | -25.53 | -245.70 | -187.32 | 11.75 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 204 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2024 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €73,445 | - | €10,702 | €2,745 |
| €16,521 | €14,694 | €3,567 | €2,500 | €733 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €45,169, smaller than the loss of €48,217 in 2024.
Equity is negative. Debt (€142,860) exceeds the balance-sheet total (€71,246).
YASCOM has no parent and no holdings in its annual accounts. Greandjean Francois is the only director. YASCOM shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Gen.Geneesheer Derachelaan 47 registered office 1050 Ixelles 4321102 General electrical installation work | 09-06-2009 | 2.178.650.484 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0812.150.613
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