Equity
-€17,545
Debts exceed assets in financial year 2024.
YB
Lifetime
2 annual accounts with figures on one time axis, 5 filings since 2019peak €96 (2024)
€96
lowest -€6,137 (2019)
-€5,416
peak €12,463 (2019)
-€17,545
€34,561
Board5 names since 2018
2 directors and 1 other
Documentsfilings and deeds
27-09-202558 days late
2024micro format
Loss of €5,416Registered office moved from Mol to Geel 19-01No figures for the year before
Key points
from the 2024 annual accountsLosses
-€21,677 in five years
Every financial year from 2019 to 2024 closed with a loss. 2021 was the heaviest.
Turnover
≈ €790 estimated
The micro format states no turnover.
Debts
€34,561 203% of the balance sheet
Filings
5 annual accounts 103 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-103.1%
Lower solvency than 95% of companies in specialised construction. Sector median 46.6% · 35,957 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as YB has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 6,008 companies, not a prediction for YB. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director, since 05-01-2025
- 100 sharesdeed of 05-07-2018
- 100 sharesdeed of 05-07-2018
- 100 sharesdeed of 05-07-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0699571522
Resignation: (director)
Appointment: (director) · Director discharge: · General meeting of 05-01-2025 · Gazette deed
Registered office moved from Mol to Geel
New registered office: Eikenstraat 28/12 te 2440 Geel · Previous registered office: Molderdijk 163/1 te 2400 Mol · General meeting of 15-10-2023 · Gazette deed
New manager
appointed, resigned · Director discharge: · General meeting of 25-12-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| YB Geel | €17,016 | €96 | -103.1% | - |
| Belgaelectric Antwerp | €14,479 | -€1,349 | 80.7% | - |
| ELEKTRICO Nijlen | €17,363 | -€400 | 99.6% | - |
| SENEN Verviers | €19,371 | -€14,637 | 73.6% | - |
| Tech S Merbes-le-Château | €14,926 | -€354 | -27.7% | - |
| Heal Consult Affligem | €18,878 | -€30,364 | -52.2% | - |
| I.N.S Entreprise Antwerp | €13,814 | -€17,416 | -214.5% | - |
These companies have the same main activity as YB: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €13,800 and €19,400, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 03-07-2018Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.278.027.6772440 Geel, since 04-07-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on YB
The 2024 annual accounts show negative equity (-€17,545) and a net result of -€5,416. Equity has been shrinking by about 46% per year since 2019.
Its solvency ranks better than 5% of 35,957 sector peers (NACE 43, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about YB
- What is the company number of YB?
- The company number of YB is 0699.571.522. The VAT number is the same number with BE in front: BE 0699.571.522.
- Where is YB based?
- The registered office is at Eikenstraat 28, 2440 Geel.Company details
- What does YB do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of YB?
- YB is a private limited company (pre-2019) (BVBA).
- When was YB founded?
- YB was founded on 03-07-2018.
- Is YB still active?
- Yes, YB is an active enterprise in the KBO register.
- What is the turnover of YB?
- The turnover in financial year 2024 is ≈ €790. This figure is estimated from the gross margin of €96 and 97 comparable companies (NACE 43211). It probably lies between €520 and €1,700. It is a rough estimate.Financials
- Is YB profitable?
- In financial year 2024, YB made a loss of €5,416.
- Where can I find the annual accounts of YB?
- YB filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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