YASSCO
ActiveSummary
The computed 12-month bankruptcy probability of YASSCO is 1.7% (moderate). The 2025 annual accounts show equity of €13,156 and a net result of €9,790. Equity is growing by ~138.2% per year across the filed fiscal years. Its solvency ranks better than 13% of 1007 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+19
Solvency33▲+4
Growth85▲+30
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.47 in 2024; short-term debt: 91.5% and cash: 25.6% of total assets), and 91.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.5%
Return on assets
6.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 1007 sector peers (2025).
NBB · sector comparisonPosition among 1007 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
57 d early
2024
on the day
2023
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 July (3 of the last 3 filed years within 57 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€263,054▲ 74.7%
2023 · €150,557
EBIT margin
0.2%▼ 0.2pp
2023 · 0.5%
Net result
€9,790
2024 · -€130
Working capital
-€46,220▼ 15.4%
2024 · -€40,035
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, 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
Line202320242025
Turnover€150,557-€263,054▲ 74.7%
Operating result€734-€629▼ 14.2%€13,204▲ 1,998%
Net result€496below the sector's middle half--€130below the sector's middle half€9,790within the sector's middle half
EBIT margin0.5%-0.2%▼ 0.2pp
Equity€3,496below the sector's middle half-€3,365below the sector's middle half▼ 3.7%€13,156below the sector's middle half▲ 291%
Total assets€119,696within the sector's middle half-€79,017within the sector's middle half▼ 34.0%€155,442within the sector's middle half▲ 96.7%
Debt€116,201-€75,651▼ 34.9%€142,286▲ 88.1%
Working capital-€50,838below the sector's middle half--€40,035below the sector's middle half▲ 21.3%-€46,220below the sector's middle half▼ 15.4%
Solvency2.9%below the sector's middle half-4.3%below the sector's middle half▲ 1.3pp8.5%below the sector's middle half▲ 4.2pp
Current ratio0.56below the sector's middle half-0.47below the sector's middle half▼ 0.090.68below the sector's middle half▲ 0.20
Return on assets (ROA)0.4%below the sector's middle half--0.2%below the sector's middle half▼ 0.6pp6.3%within the sector's middle half▲ 6.5pp
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, 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 recovers in 2025; 2025 is 1,998% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €155,442
Fixed assets
€59,376 ▲ 36.8%
Current assets
€96,066 ▲ 170%
Equity and liabilities €155,442
Equity
€13,156 ▲ 291%
Debt
€142,286 ▲ 88.1%
Debt's share of the balance-sheet total falls from 95.7% to 91.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36,228▲
2024 · €11,563
Cash flow
€32,815▲
2024 · €10,803
Debt to equity
10.82▼
2024 · 22.48
ROE
74.4%▲
2024 · -3.9%
Interest coverage
177.36▲
2024 · 24.96
Debt ≤ 1 year
€142,286▲
2024 · €75,651
Income taxes
€3,230▲
2024 · €296
Staff costs
€131,127▲
2024 · €74,524
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
3.0%
went bankrupt
2.8%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,157 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €150,557 | €263,054 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €80,967 | €171,885 | - | - |
| Remuneration, social security and pensions62 | €60,098 | €74,524 | €131,127 | ▲ 76.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,667 | €10,933 | €23,024 | ▲ 111% |
| Other operating charges640/8 | €1,091 | €5,083 | €4,779 | ▼ 6.0% |
| Gross operating margin9900 | €69,590 | €91,170 | €172,133 | ▲ 88.8% |
| Operating profit (loss)9901 | €734 | €629 | €13,204 | ▲ 1,998% |
| Financial income75/76B | €32 | - | €21 | - |
| Recurring financial income75 | €32 | - | €21 | - |
| Financial charges65/66B | - | €463 | €204 | ▼ 55.9% |
| Recurring financial charges65 | - | €463 | €204 | ▼ 55.9% |
| Profit (loss) for the period before taxes9903 | €766 | €166 | €13,020 | ▲ 7,741% |
| Income taxes67/77 | €270 | €296 | €3,230 | ▲ 990% |
| Profit (loss) for the period9904 | €496 | -€130 | €9,790 | ▲ 7,611% |
| Profit (loss) for the period to be appropriated9905 | €496 | -€130 | €9,790 | ▲ 7,611% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €119,696 | €79,017 | €155,442 | ▲ 96.7% |
| Fixed assets21/28 | €54,333 | €43,400 | €59,376 | ▲ 36.8% |
| Tangible fixed assets22/27 | €40,333 | €29,400 | €35,376 | ▲ 20.3% |
| Furniture and vehicles24 | €40,333 | €29,400 | €35,376 | ▲ 20.3% |
| Financial fixed assets28 | €14,000 | €14,000 | €24,000 | ▲ 71.4% |
| Current assets29/58 | €65,363 | €35,617 | €96,066 | ▲ 170% |
| Amounts receivable within one year40/41 | €41,421 | €22,831 | €56,264 | ▲ 146% |
| Trade receivables40 | €41,421 | €20,354 | €56,172 | ▲ 176% |
| Other amounts receivable41 | - | €2,477 | €93 | ▼ 96.3% |
| Cash at bank and in hand54/58 | €23,942 | €12,785 | €39,802 | ▲ 211% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €119,696 | €79,017 | €155,442 | ▲ 96.7% |
| Equity10/15 | €3,496 | €3,365 | €13,156 | ▲ 291% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €496 | €365 | €10,156 | ▲ 2,679% |
| Amounts payable17/49 | €116,201 | €75,651 | €142,286 | ▲ 88.1% |
| Amounts payable within one year42/48 | €116,201 | €75,651 | €142,286 | ▲ 88.1% |
| Trade debts44 | €37,483 | - | €30,782 | - |
| Suppliers440/4 | €37,483 | - | €30,782 | - |
| Taxes, remuneration and social security45 | €4,228 | €2,490 | €26,504 | ▲ 964% |
| Taxes450/3 | €4,228 | €2,490 | €10,872 | ▲ 337% |
| Remuneration and social security454/9 | - | - | €15,632 | - |
| Other amounts payable47/48 | €74,489 | €73,161 | €85,000 | ▲ 16.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €496 | -€130 | €9,790 | ▲ 7,611% |
| + Depreciation and write-downs630 | €7,667 | €10,933 | €23,024 | ▲ 111% |
| Operating cash flow (approximation) | €8,162 | €10,803 | €32,815 | ▲ 204% |
| Investment in fixed assets (approximation) | - | €0 | -€39,000 | - |
| Change in cash | - | -€11,157 | €27,017 | ▲ 342% |
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
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €9,790
Net result €9,790 after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€130
Net result drops to -€130, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2022
Ground area
708 m²
Building footprint
97 m²
Volume, LiDAR
899 m³
Parcel 11364F0002/00R011, Flanders · tallest building 16.4 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
YASSCO
since 20222.338.783.529
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11364F0002/00R011 | Flanders | 708 m² | 1 · 97 m² | 16.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
Parcel delivery
Notified to the BIPT
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Of 1,823 companies in sector 42220 we hold annual accounts for 959. 554 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
Founded06-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
41003General construction of other non-residential buildings
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0794442173
Also
9925:BE0794442173
Registered
02-09-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.