Debts
Of this, €369,511 falls due within a year.
Of this, €369,511 falls due within a year.
The 2022 accounts came latest: 60 days after the end of the period.
More equity than 85% of companies in construction of buildings. Sector median €45,553 · 9,465 companies.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 34% of them on solvency, 18% on liquidity, 26% on profitability and 52% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 4,107 companies had the same profile as YB Construct has now. Each dot stands for 11 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of YB Construct itself: 1.2% within 12 months.
The method was tested on the 497,447 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 4,107 companies, not a prediction for YB Construct. 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.
Liquidity is ample, with a current ratio of 1.77 (2.04 in 2024), above the usual 1.5. Short-term debt is 56.5% and cash 1.2% of total assets. However, 72.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 7 days after 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.
| Company | ||||
|---|---|---|---|---|
| YB Construct Lokeren | €653,694 | €47,337 | 27.2% | - |
| MDB CONSTRUCT Merelbeke-Melle | €597,137 | €46,975 | 66.0% | - |
| ENOVA Beveren-Kruibeke-Zwijndrecht | €598,236 | €51,319 | 4.9% | - |
| HomeArt Hamme (Vl.) | €628,872 | €55,653 | 21.8% | - |
| WOONPLANNER Peer | €627,226 | €46,798 | 43.8% | - |
| MARTIN INDUSTRIES Woluwe-Saint-Lambert | €619,803 | €52,729 | 23.2% | - |
| ILSA Dilsen-Stokkem | €612,561 | €52,638 | 92.3% | - |
These companies have the same main activity as YB Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €597,000 and €629,000, founded between 2015 and 2017.
YB Construct files the micro format. That format states no turnover. The gross margin rose from -€16,181 in 2016 to €47,337 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €330,000. Estimated: probably between €180,000 and €590,000.
Higher than 34% of 9,462 companies in 2025.
Higher than 52% of 9,210 companies in 2025.
Higher than 36% of 9,282 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
653,694 | 527,433 | 487,832 | 487,078 | 388,157 | 402,550 | 205,168 | 530,656 | 232,436 | 140,449 | |
20 |
0 | 0 | 0 | - | - | - | - | - | - | - | |
21/28 |
349 | 852 | 1,356 | 4,470 | 4,096 | 5,498 | 8,384 | 10,995 | 12,619 | 9,848 | |
22/27 |
239 | 742 | 1,246 | 1,750 | 1,376 | 2,888 | 5,774 | 8,660 | 10,559 | 8,748 | |
22 |
24 | 313 | 601 | 890 | 1,179 | 1,468 | 1,756 | 2,045 | 2,334 | 2,623 | |
23 |
0 | 0 | 0 | - | 197 | 520 | 2,217 | 3,915 | 4,625 | 6,125 | |
24 |
215 | 430 | 645 | 860 | - | 900 | 1,800 | 2,700 | 3,600 | - | |
28 |
110 | 110 | 110 | 2,720 | 2,720 | 2,610 | 2,610 | 2,335 | 2,060 | 1,100 | |
29/58 |
653,345 | 526,581 | 486,476 | 482,608 | 384,061 | 397,052 | 196,784 | 519,661 | 219,817 | 130,601 | |
3 |
558,366 | 429,777 | 303,589 | 166,453 | 282,496 | 360,890 | 163,034 | 196,622 | 207,316 | 119,380 | |
30/36 |
558,366 | 429,777 | 303,589 | 166,453 | 282,496 | 360,890 | 163,034 | 196,622 | 207,316 | 119,380 | |
40/41 |
86,832 | 85,450 | 113,967 | 166,039 | 100,894 | 2,909 | 10,000 | 318,803 | 11,598 | 8,312 | |
40 |
- | - | 3,648 | 54,049 | 70,803 | 666 | 10,000 | 265,477 | - | 1,966 | |
41 |
86,832 | 85,450 | 110,319 | 111,990 | 30,090 | 2,243 | - | 53,326 | 11,598 | 6,346 | |
54/58 |
8,147 | 11,353 | 68,920 | 149,457 | 671 | 32,921 | 23,424 | 4,235 | 903 | 2,616 | |
490/1 |
- | - | - | 659 | - | 332 | 327 | - | - | 293 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
653,694 | 527,433 | 487,832 | 487,078 | 388,157 | 402,550 | 205,168 | 530,656 | 232,436 | 140,449 | |
10/15 |
177,943 | 163,190 | 146,193 | 140,110 | 77,504 | 135,837 | 122,804 | 47,436 | 26,605 | -18,938 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
10 |
- | - | - | 2,000 | 2,000 | - | - | - | - | - | |
100 |
- | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
13 |
13,400 | 13,400 | 34,218 | 57,855 | 57,855 | 57,855 | 44,855 | 44,855 | 24,036 | - | |
130/1 |
13,400 | 13,400 | 34,218 | 57,855 | 57,855 | 57,855 | 44,455 | 44,455 | 23,636 | - | |
130 |
- | - | - | 400 | 400 | 400 | 400 | 400 | 400 | - | |
1311 |
13,400 | 13,400 | 34,218 | 57,455 | 57,455 | 57,455 | - | - | - | - | |
1319 |
- | - | - | - | - | - | 44,455 | 44,455 | 23,636 | - | |
14 |
162,543 | 147,790 | 109,975 | 80,256 | 17,649 | 75,983 | 75,949 | 582 | 569 | -20,938 | |
17/49 |
475,751 | 364,244 | 341,639 | 346,967 | 310,653 | 266,712 | 82,364 | 483,219 | 205,830 | 159,387 | |
17 |
106,240 | 106,240 | 207,127 | 158,270 | 56,240 | 135,440 | - | - | - | - | |
170/4 |
106,240 | 106,240 | 207,127 | 158,270 | 56,240 | 135,440 | - | - | - | - | |
42/48 |
369,511 | 258,004 | 134,512 | 188,697 | 254,413 | 131,272 | 82,364 | 483,219 | 205,830 | 159,387 | |
42 |
272,816 | 125,500 | - | - | 100,000 | 11,350 | - | 202,507 | 123,500 | 138,500 | |
43 |
4,805 | - | 11,771 | 7,712 | 51,294 | - | - | 186,786 | 2,400 | - | |
430/8 |
4,805 | - | 11,771 | 7,712 | 51,294 | - | - | 186,786 | 2,400 | - | |
44 |
65,412 | 100,388 | 86,298 | 128,791 | 81,257 | 65,789 | 40,657 | 44,081 | 62,527 | 12,107 | |
440/4 |
65,412 | 100,388 | 86,298 | 128,791 | 81,257 | 65,789 | 40,657 | 44,081 | 62,527 | 12,107 | |
45 |
11,478 | 17,116 | 21,443 | 37,194 | 6,862 | 31,661 | 26,707 | 11,682 | 17,404 | 5,764 | |
450/3 |
11,478 | 17,116 | 21,443 | 37,194 | 6,862 | 12,452 | 19,007 | 11,682 | 17,404 | 5,764 | |
454/9 |
- | - | - | - | - | 19,209 | 7,700 | - | - | - | |
47/48 |
15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 22,473 | 15,000 | 38,164 | - | 3,016 | |
| Income statement | |||||||||||
76A |
- | - | - | - | 69 | - | - | 104 | - | - | |
9900 |
47,337 | 75,077 | 73,518 | 96,105 | -7,046 | 55,880 | 110,852 | 46,010 | 71,552 | -16,181 | |
62 |
- | - | - | - | 333 | 20,229 | - | - | - | - | |
630 |
504 | 504 | 1,504 | 701 | 1,511 | 2,886 | 2,886 | 2,886 | 2,689 | 2,407 | |
640/8 |
2,779 | 8,397 | 6,825 | 7,246 | 14,110 | 1,413 | 3,044 | 559 | 1,876 | 483 | |
66A |
- | - | 266 | - | - | - | - | - | - | - | |
9901 |
44,055 | 66,176 | 64,923 | 88,158 | -23,000 | 31,352 | 104,921 | 42,565 | 66,987 | -19,071 | |
75/76B |
182 | 4,385 | 3 | 4,159 | 7 | 10 | 0 | 10 | 5 | - | |
75 |
182 | 4,385 | 3 | 4,159 | 7 | 10 | 0 | 10 | 5 | - | |
65/66B |
15,792 | 16,289 | 16,621 | 11,127 | 8,805 | 6,938 | 10,729 | 10,638 | 4,045 | 1,867 | |
65 |
15,792 | 16,289 | 16,621 | 11,127 | 8,805 | 6,938 | 10,729 | 10,638 | 4,045 | 1,867 | |
9903 |
28,445 | 54,272 | 48,304 | 81,190 | -31,798 | 24,423 | 94,192 | 31,937 | 62,947 | -20,938 | |
67/77 |
13,692 | 16,457 | 18,585 | 18,584 | 6,536 | 10,247 | 18,824 | 11,106 | 17,404 | - | |
9904 |
14,753 | 37,815 | 29,719 | 62,606 | -38,333 | 14,176 | 75,368 | 20,831 | 45,543 | -20,938 | |
9905 |
14,753 | 37,815 | 29,719 | 62,606 | -38,333 | 14,176 | 75,368 | 20,831 | 45,543 | -20,938 | |
| Appropriation of the result | |||||||||||
9906 |
162,543 | 147,790 | 109,975 | 80,256 | 37,649 | 90,126 | 75,949 | 21,400 | 24,605 | -20,938 | |
14P |
147,790 | 109,975 | 80,256 | 17,649 | 75,983 | - | - | - | - | - | |
791/2 |
- | 20,818 | 23,636 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | 13,000 | - | 20,818 | 24,036 | - | |
6920 |
- | - | - | - | - | - | - | - | 400 | - | |
6921 |
- | - | - | - | - | 13,000 | - | 20,818 | 23,636 | - | |
694/7 |
- | 20,818 | 23,636 | - | 20,000 | 1,143 | - | - | - | - | |
694 |
- | 20,818 | 23,636 | - | 20,000 | 1,143 | - | - | - | - | |
| Social balance sheet | |||||||||||
9087 |
- | - | - | - | - | 1 | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | 1,016 | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-09-2026.
2025 annual accounts filed 55 days after the deadline. Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00529759.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-09-2026 | 2026-00529759 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00194659 | |
| 31-12-2023 | micro format | 22-07-2024 | 2024-00268087 | |
| 31-12-2022 | micro format | 29-09-2023 | 2023-00459912 | |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20203042 | |
| 31-12-2020 | micro format | 26-07-2021 | 2021-39900166 | |
| 31-12-2019 | micro format | 24-07-2020 | 2020-33600193 | |
| 31-12-2018 | abbreviated format | 09-07-2019 | 2019-30800066 | |
| 31-12-2017 | abbreviated format | 16-07-2018 | 2018-33700096 | |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-34200187 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 44,559 | 66,680 | 66,427 | 88,859 | -21,489 | 34,238 | 107,807 | 45,451 | 69,676 | -16,664 | ||
| 15,256 | 38,318 | 31,223 | 63,307 | -36,822 | 17,062 | 78,254 | 23,717 | 48,232 | -18,531 | ||
| 0 | 0 | 1,000 | 1,074 | 110 | 0 | 275 | 1,262 | 5,460 | 11,487 | ||
| -3,207 | -57,567 | -80,536 | 148,785 | -32,249 | 9,497 | 19,188 | 3,333 | -1,713 | - | ||
| 283,834 | 268,577 | 351,964 | 293,910 | 129,648 | 265,780 | 114,420 | 36,441 | 13,986 | -28,786 | ||
| 27.2% | 30.9% | 30.0% | 28.8% | 20.0% | 33.7% | 59.9% | 8.9% | 11.4% | -13.5% | ||
| 1.77 | 2.04 | 3.62 | 2.56 | 1.51 | 3.02 | 2.39 | 1.08 | 1.07 | 0.82 | ||
| 0.26 | 0.38 | 1.36 | 1.68 | 0.40 | 0.28 | 0.41 | 0.67 | 0.06 | 0.07 | ||
| 2.67 | 2.23 | 2.34 | 2.48 | 4.01 | 1.96 | 0.67 | 10.19 | 7.74 | - | ||
| 8.3% | 23.2% | 20.3% | 44.7% | -49.5% | 10.4% | 61.4% | 43.9% | 171.2% | - | ||
| 2.3% | 7.2% | 6.1% | 12.9% | -9.9% | 3.5% | 36.7% | 3.9% | 19.6% | -14.9% | ||
| 2.82 | 4.09 | 4.00 | 7.99 | -2.44 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,000 | €1,074 | - |
| Financial fixed assets | - | - | - | - | €110 |
| €504 | €504 | €1,504 | €701 | €1,511 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 33% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total rises from 69.1% to 72.8%. Equity and debt are higher.
YB Construct has no parent and no holdings in its annual accounts. Benazzouz Yousef is the only director. YB Construct shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Cleaning registered office Sint-Jozefstraat 17, 9160 Lokeren 4100106 General construction of residential buildings | 02-03-2016 | 2.251.222.322 |
| 19-12-2024 | Granted | Functiewijziging zonder verbouwingswerken submitted 22-05-2024 · project 2024073444 | Provincie Oost-Vlaanderen |
| 09-10-2024 | Granted | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 23-07-2024 · project 2024104396 | Berlare |
| 17-05-2022 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 02-03-2022 · project 2022031821 | Hamme |
| 09-09-2019 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 08-07-2019 · project 2019086961 | Lokeren |
| 25-03-2019 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 29-01-2019 · project 2019009347 | Lokeren |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46384C1246/00C000 | 2,657 m² | 1 · 311 m² | 7.9 m · 2 |
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 0649.561.785
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