YBA
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 28-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 92% lower than 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.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €68,965 | €7,642 |
| Financial fixed assets | - | €0 |
| Depreciation and write-downs of the year | €18,780 | €14,459 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €250 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,780 | €14,459 | ▼ 23.0% |
| Other operating charges640/8 | €491 | €1,503 | ▲ 206% |
| Gross operating margin9900 | €51,817 | €18,854 | ▼ 63.6% |
| Operating profit (loss)9901 | €32,546 | €2,642 | ▼ 91.9% |
| Financial income75/76B | €262 | €1,001 | ▲ 283% |
| Recurring financial income75 | €262 | €1,001 | ▲ 283% |
| Financial charges65/66B | €2,347 | €2,556 | ▲ 8.9% |
| Recurring financial charges65 | €2,347 | €2,556 | ▲ 8.9% |
| Profit (loss) for the period before taxes9903 | €30,460 | €1,087 | ▼ 96.4% |
| Income taxes67/77 | €6,726 | €1,443 | ▼ 78.5% |
| Profit (loss) for the period9904 | €23,734 | -€356 | - |
| Profit (loss) for the period to be appropriated9905 | €23,734 | -€356 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €69,379 | €62,239 | ▼ 10.3% |
| Fixed assets21/28 | €50,185 | €42,323 | ▼ 15.7% |
| Tangible fixed assets22/27 | €50,185 | €42,323 | ▼ 15.7% |
| Plant, machinery and equipment23 | €7,385 | €5,971 | ▼ 19.2% |
| Furniture and vehicles24 | €42,800 | €36,352 | ▼ 15.1% |
| Current assets29/58 | €19,194 | €19,916 | ▲ 3.8% |
| Amounts receivable within one year40/41 | €18,175 | €17,916 | ▼ 1.4% |
| Trade receivables40 | €1,084 | €1,084 | = |
| Other amounts receivable41 | €17,091 | €16,832 | ▼ 1.5% |
| Cash at bank and in hand54/58 | - | €1,515 | - |
| Deferred charges and accrued income490/1 | €1,018 | €485 | ▼ 52.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €69,379 | €62,239 | ▼ 10.3% |
| Equity10/15 | €18,901 | €17,712 | ▼ 6.3% |
| Reserves13 | €18,901 | €18,068 | ▼ 4.4% |
| Distributable reserves133 | €18,901 | €18,068 | ▼ 4.4% |
| Profit (loss) carried forward14 | - | -€356 | - |
| Amounts payable17/49 | €50,478 | €44,527 | ▼ 11.8% |
| Amounts payable after more than one year17 | €21,242 | €16,523 | ▼ 22.2% |
| Financial debts170/4 | €21,242 | €16,523 | ▼ 22.2% |
| Amounts payable within one year42/48 | €29,236 | €28,004 | ▼ 4.2% |
| Current portion of amounts payable after more than one year42 | €10,518 | €18,430 | ▲ 75.2% |
| Financial debts43 | €1,991 | - | - |
| Credit institutions430/8 | €1,991 | - | - |
| Trade debts44 | €3,543 | €1,055 | ▼ 70.2% |
| Suppliers440/4 | €3,543 | €1,055 | ▼ 70.2% |
| Taxes, remuneration and social security45 | €8,351 | €7,686 | ▼ 8.0% |
| Taxes450/3 | €8,351 | €7,686 | ▼ 8.0% |
| Other amounts payable47/48 | €4,833 | €833 | ▼ 82.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €23,734 | -€356 | - |
| + Depreciation and write-downs630 | €18,780 | €14,459 | ▼ 23.0% |
| Operating cash flow (approximation) | €42,514 | €14,103 | ▼ 66.8% |
| Investment in fixed assets (approximation) | - | -€6,597 | - |
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, 1,271 companies had the same profile as YBA has now. Two years later, 93.5% were still going and 4.1% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a small loss
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of YBA itself: 3.0% 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 1,271 companies, not a prediction for YBA. 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.