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Yassin-Electronics

Open bankruptcy
Private limited company (pre-2019)founded 2014KBO/BCE: BE 0561.836.668

A bankruptcy procedure is open for Yassin-Electronics according to publications in the Belgian State Gazette; curator: HERMAN HELLENBOSCH. The 2020 annual accounts show equity of €7k and a net result of €8k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-07-2021, 3 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
3 d early
2019
32 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€7k
2019 · €-1k
2018: €-2k 2019: €-1k
2018 → 2020
Total assets
€20k▲ 52.6%
2019 · €13k
2018: €4k 2019: €13k
2018 → 2020
Net result
€8k▲ 2,541%
2019 · €311
2018: €-3k 2019: €311
2018 → 2020
Working capital
€-356▲ 96.5%
2019 · €-10k
2018: €-2k 2019: €-10k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€-2k-€-1k▲ 19.3%€7k
Operating result€-3k-€412€8k▲ 1,909%
Net result€-3k-€311€8k▲ 2,541%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2018: €-3k€-3kNet result 2018: €-3k€-3kOperating result 2019: €412€412Net result 2019: €311€311Operating result 2020: €8k€8kNet result 2020: €8k€8k201820192020
The operating result has risen two years in a row; 2020 is 1,909% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €20k
Fixed assets €7k▼ 17.9%
Current assets €13k▲ 194%
Equity and liabilities €20k
Equity €7k
Debt €13k
Debt finances 65.8% of the balance-sheet total.
Key figures and ratios
2020 value · change against 2019
EBITDA
€10k
2019 · €2k
Cash flow
€10k
2019 · €2k
Solvency
34.2%
2019 · -9.8%
Current ratio
0.97
2019 · 0.30
Quick ratio
0.79
2019 · 0.05
ROE
118.8%
ROA
40.6%
2019 · 2.3%
Debt
€13k
2019 · €15k
Debt ≤ 1 year
€13k
2019 · €15k
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 · 2020 against 2019
Balance sheet Code20192020
Assets
Total assets20/58€13k€20k
Fixed assets21/28€9k€7k
Tangible fixed assets22/27€6k€5k
Financial fixed assets28€3k€3k=
Current assets29/58€4k€13k
Stocks and contracts in progress3€4k€2k
Amounts receivable within one year40/41-€5k
Cash at bank and in hand54/58€322€6k
Equity and liabilities
Total equity and liabilities10/49€13k€20k
Equity10/15€-1k€7k
Contributions10/11€6k-
Profit (loss) carried forward14€-8k€714
Amounts payable17/49€15k€13k
Amounts payable within one year42/48€15k€13k
Trade debts44€3k€4k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Gross operating margin9900€3k€11k
Operating profit (loss)9901€412€8k
Recurring financial charges65€101€61
Profit (loss) for the period before taxes9903€311€8k
Profit (loss) for the period9904€311€8k
Profit (loss) for the period to be appropriated9905€311€8k

Download as CSV

Timeline · acts, filings and financial milestones

2022
26-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · YASSIN-ELECTRONICS BV HANDELSTRAAT 12, 2060 ANTWERPEN 6 · event 20-10-2022
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €8k ▲2541%
Operating result €8k, net result €8k, both a record.
01-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial Back to profitnet €311
Net result €311 after one loss-making year.
19-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
29-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
21-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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
1 establishment unit since 2014
establishment The establishment unit on the map
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.

Ground area
123 m²
Building footprint
123 m²
Volume, LiDAR
1,315 m³
Parcel 11805E0441/00S014, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Yassin-Electronics
Wholesale of electrical household appliances and audio-video equipment
since 20142.235.397.563
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11805E0441/00S014 Flanders 123 m² 1 · 123 m² 14.9 m · 4 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator HERMAN HELLENBOSCH
AMERIKALEI 160, 2000 ANTWERPEN 1
20-10-2022 → present

Similar companies · same sector, comparable size

Of 1,510 companies in sector 47540 we hold annual accounts for 805. 219 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded10-09-2014
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.