YAYLAOGLU
InactiveYAYLAOGLU was declared bankrupt on 23-05-2023 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 02-07-2024, published in the Belgian State Gazette on 10-07-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 08-05-2023, 281 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
281 d late
2020
121 d late
2018
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 123 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
-€33,172▼ 117%
2020 · -€15,305
Total assets
€3,752▼ 69.2%
2020 · €12,192
Net result
-€17,867▲ 7.4%
2020 · -€19,300
Working capital
-€25,016▼ 36.1%
2018 · -€18,386
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
Line201820202021
Operating result€2,127--€15,700--€12,779▲ 18.6%
Net result€1,342--€19,300--€17,867▲ 7.4%
Equity€3,244--€15,305--€33,172▼ 117%
Total assets€34,635-€12,192-€3,752▼ 69.2%
Debt€31,391-€27,497-€36,924▲ 34.3%
Working capital-€18,386--€25,016-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,779 in 2021 against €15,700 in 2020; the loss shrinks.
Key figures and ratios
EBITDA
-€6,820▲
2020 · -€9,741
Cash flow
-€11,908▲
2020 · -€13,340
Interest coverage
-5.34
Debt ≤ 1 year
€36,924▲
2020 · €27,497
Income taxes
€3,812▲
2020 · €2,320
Staff costs
-€34
Ratios withheld: a balance sheet total of €3,752 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | -€34 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,960 | €5,960 | €5,959 | = |
| Other operating charges640/8 | - | - | €555 | - |
| Gross operating margin9900 | €8,391 | -€2,141 | -€6,298 | ▼ 194% |
| Operating profit (loss)9901 | €2,127 | -€15,700 | -€12,779 | ▲ 18.6% |
| Recurring financial income75 | - | €1 | - | - |
| Financial charges65/66B | - | - | €1,276 | - |
| Recurring financial charges65 | €47 | €1,280 | €1,276 | ▼ 0.3% |
| Profit (loss) for the period before taxes9903 | €2,079 | -€16,980 | -€14,055 | ▲ 17.2% |
| Income taxes67/77 | €737 | €2,320 | €3,812 | ▲ 64.3% |
| Profit (loss) for the period9904 | €1,342 | -€19,300 | -€17,867 | ▲ 7.4% |
| Profit (loss) for the period to be appropriated9905 | €1,342 | -€19,300 | -€17,867 | ▲ 7.4% |
| Line | 2018 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €34,635 | €12,192 | €3,752 | ▼ 69.2% |
| Fixed assets21/28 | €21,631 | €9,712 | €3,752 | ▼ 61.4% |
| Tangible fixed assets22/27 | €21,631 | €9,712 | €3,752 | ▼ 61.4% |
| Other tangible fixed assets26 | - | - | €3,752 | - |
| Current assets29/58 | €13,004 | €2,481 | - | - |
| Stocks and contracts in progress3 | €3,800 | €2,125 | - | - |
| Cash at bank and in hand54/58 | €9,204 | €356 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €34,635 | €12,192 | €3,752 | ▼ 69.2% |
| Equity10/15 | €3,244 | -€15,305 | -€33,172 | ▼ 117% |
| Contributions10/11 | €1,500 | - | €1,500 | - |
| Outside capital11 | - | - | €1,500 | - |
| Other1109/19 | - | - | €1,500 | - |
| Reserves13 | €150 | €150 | €150 | = |
| Non-distributable reserves130/1 | - | - | €150 | - |
| Reserves not available under the articles1311 | - | - | €150 | - |
| Profit (loss) carried forward14 | €1,594 | -€16,955 | -€34,822 | ▼ 105% |
| Amounts payable17/49 | €31,391 | €27,497 | €36,924 | ▲ 34.3% |
| Amounts payable within one year42/48 | €31,391 | €27,497 | €36,924 | ▲ 34.3% |
| Financial debts43 | - | - | €29 | - |
| Credit institutions430/8 | - | - | €29 | - |
| Trade debts44 | €4,093 | €11,587 | €17,646 | ▲ 52.3% |
| Suppliers440/4 | - | - | €17,646 | - |
| Taxes, remuneration and social security45 | - | - | €16,111 | - |
| Taxes450/3 | - | - | €16,111 | - |
| Other amounts payable47/48 | - | - | €3,138 | - |
| Line | 2018 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,342 | -€19,300 | -€17,867 | ▲ 7.4% |
| + Depreciation and write-downs630 | €5,960 | €5,960 | €5,959 | = |
| Operating cash flow (approximation) | €7,301 | -€13,340 | -€11,908 | ▲ 10.7% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
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
2024
10-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 02-07-2024
2023
26-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 23-05-2023
08-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 281 days late
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
31-12
Financial
Weakest financial yearnet -€19,300
Net result drops to -€19,300, the lowest in the series.
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | OLIVIER DE PAEPE ZEISTRAAT 1A 002, 9850 NEVELE- |
23-05-2023 → 02-07-2024 |