YAVABUILD
ActiveSummary
YAVABUILD has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,297 and a net result of €17,930. Equity has been growing by about 42% per year since 2023. Its solvency ranks better than 50% of 9,394 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-05-2022 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 4 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 30-09-2025
- Establishment unit
- 2.331.089.548 8870 Izegem, since 05-05-2022
- Financial year end
- 30 September
- Peppol
- Reachable since 26-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €83,512
- ▼ 12.6%
- Turnover
- ≈ €440,000
- estimated
- Profit
- €17,930
- ▲ 42.2%
- Equity
- €54,297
- ▲ 49.3%
- Total assets
- €125,655
- ▼ 30.2%
- Employees on 30-09-2025
- 1
- =
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2022Size: total assets €125,655lowers riskLiquidity: current ratio 2.31, cash €53,130Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 41, micro). It does better than 51% of them on solvency, 84% on liquidity, 71% on profitability and 79% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 38 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 26-03-2026 PDF all 3 filings
Every figure per financial year
The operating result for 2025 is 36% higher than in 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 1 | 1 | 1 |
| On a permanent contract | 1 | 1 | 1 |
| Joined | 1 | - | - |
| Left | 0 | - | - |
| Training hours | 4 | 4 | 4 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|
| Tangible fixed assets | €32,086 | - | - |
| Depreciation and write-downs of the year | €10,671 | €7,710 | €6,791 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €81,760 | €69,661 | €51,994 | ▼ 25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,671 | €7,710 | €6,791 | ▼ 11.9% |
| Other operating charges640/8 | €600 | €561 | €688 | ▲ 22.5% |
| Gross operating margin9900 | €116,773 | €95,600 | €83,512 | ▼ 12.6% |
| Operating profit (loss)9901 | €23,742 | €17,667 | €24,039 | ▲ 36.1% |
| Financial income75/76B | €17 | €24 | €201 | ▲ 746% |
| Recurring financial income75 | €17 | €24 | €201 | ▲ 746% |
| Financial charges65/66B | €1,576 | €1,290 | €1,172 | ▼ 9.2% |
| Recurring financial charges65 | €1,576 | €1,283 | €1,155 | ▼ 10.0% |
| Non-recurring financial charges66B | - | €7 | €17 | ▲ 138% |
| Profit (loss) for the period before taxes9903 | €22,183 | €16,401 | €23,068 | ▲ 40.7% |
| Income taxes67/77 | €3,430 | €3,787 | €5,138 | ▲ 35.6% |
| Profit (loss) for the period9904 | €18,753 | €12,613 | €17,930 | ▲ 42.2% |
| Profit (loss) for the period to be appropriated9905 | €18,753 | €12,613 | €17,930 | ▲ 42.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €106,619 | €179,898 | €125,655 | ▼ 30.2% |
| Fixed assets21/28 | €21,928 | €14,218 | €7,427 | ▼ 47.8% |
| Tangible fixed assets22/27 | €21,928 | €14,218 | €7,427 | ▼ 47.8% |
| Plant, machinery and equipment23 | €5,547 | €2,314 | - | - |
| Furniture and vehicles24 | €1,522 | €1,097 | €673 | ▼ 38.7% |
| Leasing and similar rights25 | €14,859 | €10,807 | €6,754 | ▼ 37.5% |
| Current assets29/58 | €84,691 | €165,681 | €118,229 | ▼ 28.6% |
| Stocks and contracts in progress3 | - | - | €29,525 | - |
| Contracts in progress37 | - | - | €29,525 | - |
| Amounts receivable within one year40/41 | €54,577 | €79,546 | €33,546 | ▼ 57.8% |
| Trade receivables40 | €52,064 | €77,497 | €30,083 | ▼ 61.2% |
| Other amounts receivable41 | €2,513 | €2,049 | €3,463 | ▲ 69.0% |
| Cash at bank and in hand54/58 | €29,106 | €83,520 | €53,130 | ▼ 36.4% |
| Deferred charges and accrued income490/1 | €1,008 | €2,615 | €2,027 | ▼ 22.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €106,619 | €179,898 | €125,655 | ▼ 30.2% |
| Equity10/15 | €23,753 | €36,366 | €54,297 | ▲ 49.3% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €18,753 | €31,366 | €49,297 | ▲ 57.2% |
| Distributable reserves133 | €18,753 | €31,366 | €49,297 | ▲ 57.2% |
| Amounts payable17/49 | €82,866 | €143,532 | €71,359 | ▼ 50.3% |
| Amounts payable after more than one year17 | €19,998 | €12,891 | €5,555 | ▼ 56.9% |
| Financial debts170/4 | €19,998 | €12,891 | €5,555 | ▼ 56.9% |
| Amounts payable within one year42/48 | €62,700 | €130,641 | €51,127 | ▼ 60.9% |
| Current portion of amounts payable after more than one year42 | €6,885 | €7,107 | €7,337 | ▲ 3.2% |
| Trade debts44 | €13,598 | €83,953 | €33,560 | ▼ 60.0% |
| Suppliers440/4 | €13,598 | €83,953 | €33,560 | ▼ 60.0% |
| Advances received on contracts in progress46 | €10,000 | €10,000 | - | - |
| Taxes, remuneration and social security45 | €8,216 | €7,777 | €9,927 | ▲ 27.6% |
| Taxes450/3 | €5,155 | €5,470 | €7,517 | ▲ 37.4% |
| Remuneration and social security454/9 | €3,061 | €2,307 | €2,410 | ▲ 4.4% |
| Other amounts payable47/48 | €24,001 | €21,803 | €303 | ▼ 98.6% |
| Accrued charges and deferred income492/3 | €168 | - | €14,678 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,753 | €12,613 | €17,930 | ▲ 42.2% |
| + Depreciation and write-downs630 | €10,671 | €7,710 | €6,791 | ▼ 11.9% |
| Operating cash flow (approximation) | €29,424 | €20,324 | €24,721 | ▲ 21.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €54,414 | -€30,390 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as YAVABUILD has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of YAVABUILD itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for YAVABUILD. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- BEERNAERT Miguel Valeer €2,550
- VERLINDE Siska Els Gaspard €1,950
Capital transactions
- 09-05-2022 Incorporation · €5,000
Mandate history
- Board
- end not dated
| Name | Functions and periods |
|---|---|
| BEERNAERT Miguel Valeer |
|
| VERLINDE Siska Els Gaspard |
|
Network & group
YAVABUILD shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of YAVABUILD. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
09-05
Gazette deed
IncorporationStarting capital €5,000 · Appointments: BEERNAERT Miguel Valeer (statutory director) and VERLINDE Siska Els Gaspard (statutair opvolgend bestuurder) · Founder7 points ▸
- Incorporation, 05-05-2022
- Founder, BEERNAERT Miguel Valeer
- Founder, VERLINDE Siska Els Gaspard
- Founding capital, €5,000
- Director appointment, BEERNAERT Miguel Valeer (statutory director)
- Director appointment, VERLINDE Siska Els Gaspard (statutair opvolgend bestuurder)
- Pre-incorporation commitments, “takeover, verbintenissen in naam van vennootschap in oprichting aangegaan en aangegaan sinds oprichting voor verkrijgen rechtspersoonlijkheid” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 5 May 2022, YAVABUILD was incorporated as a private limited company by two natural persons, with a starting capital of €5,000.12 BEERNAERT Miguel Valeer has served as statutory director since 2022.3 Total assets went from €106,619 in 2023 to €125,655 in 2025 and headcount from 1 to 1 full-time equivalents.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
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 0785.772.848
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36492A0549/00X000 | Flanders | 2,033 m² | 1 · 705 m² | 14.4 m · 1 |
| 36492A0948/00B000 | Flanders | 569 m² | 1 · 200 m² | 18.6 m · 2 |