YATI
ActiveSummary
YATI has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,271 and a net result of -€8,955. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 65% of 3757 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-44
Solvency70▼-30
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.5%
Return on assets
-38.8%
Age of the figures
9 mo
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
51 d early
2023
57 d early
2022
38 d early
2021
12 d late
2020
27 d late
2019
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€10,271▼ 46.6%
2024 · €19,226
Total assets
€23,058▼ 5.7%
2024 · €24,441
Net result
-€8,955
2024 · €102
Working capital
-€1,927
2024 · €7,590
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,748€10,363▲ 18.5%-€721€49-€8,755
Net result€8,713€10,395▲ 19.3%-€736€102-€8,955
Equity€9,465▲ 1,158%€19,860▲ 110%€19,124▼ 3.7%€19,226▲ 0.5%€10,271▼ 46.6%
Total assets€40,706▲ 95.6%€31,314▼ 23.1%€27,097▼ 13.5%€24,441▼ 9.8%€23,058▼ 5.7%
Debt€31,241▲ 55.7%€11,454▼ 63.3%€7,973▼ 30.4%€5,215▼ 34.6%€12,786▲ 145%
Working capital€4,117€14,834▲ 260%€14,287▼ 3.7%€7,590▼ 46.9%-€1,927
Staff (FTE)1▲ 11.1%1=1=0.7▼ 30.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8,755 after €49 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23,058
Fixed assets
€12,199 ▲ 4.8%
Current assets
€10,859 ▼ 15.2%
Equity and liabilities €23,058
Equity
€10,271 ▼ 46.6%
Debt
€12,786 ▲ 145%
Debt's share of the balance-sheet total rises from 21.3% to 55.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€7,508▼
2024 · €321
Cash flow
-€7,708▼
2024 · €373
Current ratio
0.85▼
2024 · 2.46
Quick ratio
0.55▼
2024 · 1.42
Debt to equity
1.24▲
2024 · 0.27
ROE
-87.2%▼
2024 · 0.5%
ROA
-38.8%▼
2024 · 0.4%
Interest coverage
-30.83▼
2024 · 2.98
Debt ≤ 1 year
€12,786▲
2024 · €5,215
Staff costs
€3,352▼
2024 · €29,281
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 5,827 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €17,317 | €31,712 | €39,104 | €29,281 | €3,352 | ▼ 88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,008 | €322 | €189 | €271 | €1,246 | ▲ 359% |
| Other operating charges640/8 | €1,353 | €789 | €2,390 | €2,857 | €1,669 | ▼ 41.6% |
| Gross operating margin9900 | €28,426 | €43,186 | €40,962 | €32,459 | -€2,487 | ▼ 108% |
| Operating profit (loss)9901 | €8,748 | €10,363 | -€721 | €49 | -€8,755 | ▼ 17,808% |
| Financial income75/76B | €130 | €111 | €32 | €160 | €44 | ▼ 72.7% |
| Recurring financial income75 | €130 | €111 | €32 | €160 | €44 | ▼ 72.7% |
| Financial charges65/66B | €165 | €78 | €47 | €108 | €244 | ▲ 126% |
| Recurring financial charges65 | €165 | €78 | €47 | €108 | €244 | ▲ 126% |
| Profit (loss) for the period before taxes9903 | €8,713 | €10,395 | -€736 | €102 | -€8,955 | ▼ 8,894% |
| Profit (loss) for the period9904 | €8,713 | €10,395 | -€736 | €102 | -€8,955 | ▼ 8,894% |
| Profit (loss) for the period to be appropriated9905 | €8,713 | €10,395 | -€736 | €102 | -€8,955 | ▼ 8,894% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €40,706 | €31,314 | €27,097 | €24,441 | €23,058 | ▼ 5.7% |
| Fixed assets21/28 | €5,348 | €5,026 | €4,837 | €11,635 | €12,199 | ▲ 4.8% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €511 | €189 | - | €6,798 | €7,361 | ▲ 8.3% |
| Plant, machinery and equipment23 | €441 | €189 | - | €2,391 | €3,401 | ▲ 42.2% |
| Other tangible fixed assets26 | €70 | - | - | €4,407 | €3,960 | ▼ 10.1% |
| Financial fixed assets28 | €4,837 | €4,837 | €4,837 | €4,837 | €4,837 | = |
| Current assets29/58 | €35,358 | €26,288 | €22,260 | €12,806 | €10,859 | ▼ 15.2% |
| Stocks and contracts in progress3 | €4,169 | €4,088 | €4,321 | €5,399 | €3,846 | ▼ 28.8% |
| Stocks30/36 | €4,169 | €4,088 | €4,321 | €5,399 | €3,846 | ▼ 28.8% |
| Amounts receivable within one year40/41 | €1,883 | €2,556 | €2,338 | €3,810 | €2,333 | ▼ 38.8% |
| Other amounts receivable41 | €1,883 | €2,556 | €2,338 | €3,810 | €2,333 | ▼ 38.8% |
| Cash at bank and in hand54/58 | €26,547 | €16,387 | €12,384 | €3,427 | €4,681 | ▲ 36.6% |
| Deferred charges and accrued income490/1 | €2,759 | €3,256 | €3,217 | €170 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €40,706 | €31,314 | €27,097 | €24,441 | €23,058 | ▼ 5.7% |
| Equity10/15 | €9,465 | €19,860 | €19,124 | €19,226 | €10,271 | ▼ 46.6% |
| Contributions10/11 | €31,000 | €31,000 | €31,000 | €31,000 | €31,000 | = |
| Reserves13 | €3,100 | €3,100 | €3,100 | €3,100 | €3,100 | = |
| Non-distributable reserves130/1 | €3,100 | €3,100 | - | - | - | - |
| Reserves not available under the articles1311 | €3,100 | €3,100 | - | - | - | - |
| Distributable reserves133 | - | - | €3,100 | €3,100 | €3,100 | = |
| Profit (loss) carried forward14 | -€24,635 | -€14,240 | -€14,976 | -€14,874 | -€23,829 | ▼ 60.2% |
| Amounts payable17/49 | €31,241 | €11,454 | €7,973 | €5,215 | €12,786 | ▲ 145% |
| Amounts payable within one year42/48 | €31,241 | €11,454 | €7,973 | €5,215 | €12,786 | ▲ 145% |
| Trade debts44 | €2,045 | €6,713 | €5,060 | €3,606 | €3,087 | ▼ 14.4% |
| Suppliers440/4 | €2,045 | €6,713 | €5,060 | €3,606 | €3,087 | ▼ 14.4% |
| Taxes, remuneration and social security45 | €2,267 | €210 | €940 | €210 | €8,300 | ▲ 3,852% |
| Taxes450/3 | €2,267 | €210 | €940 | €210 | €800 | ▲ 281% |
| Remuneration and social security454/9 | - | - | - | - | €7,500 | - |
| Other amounts payable47/48 | €26,929 | €4,531 | €1,973 | €1,399 | €1,399 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,713 | €10,395 | -€736 | €102 | -€8,955 | ▼ 8,894% |
| + Depreciation and write-downs630 | €1,008 | €322 | €189 | €271 | €1,246 | ▲ 359% |
| Operating cash flow (approximation) | €9,721 | €10,717 | -€547 | €373 | -€7,708 | ▼ 2,165% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€7,070 | -€1,810 | ▲ 74.4% |
| Change in cash | - | -€10,160 | -€4,003 | -€8,957 | €1,253 | ▲ 114% |
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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €102
Net result €102 after one loss-making year.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €10,395 ▲19.3%
Operating result €10,363, net result €10,395, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.30
Current ratio from 1.13 to 2.30; short-term debt falls from €31,241 to €11,454.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
31-12
Financial
Back to profitnet €8,713
Net result €8,713 after 3 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet -€11,765
Net result drops to -€11,765, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
Show earlier events
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Aalst · 1 establishment unit since 1995
Ground area
77 m²
Building footprint
64 m²
Volume, LiDAR
659 m³
Parcel 41002A0867/00A000, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
L'ART NOUVEAU
since 19952.070.396.902
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A0867/00A000 | Flanders | 77 m² | 1 · 64 m² | 13.8 m · 4 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
Food safety, FASFC
1 siteAalst2.070.396.902
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REVIVERE
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,893. 3,529 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
Founded19-12-1994
Fiscal year end31-12
Trade name NL
L'ART NOUVEAU
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0454034234
Registered
05-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.