YC Projects
ActiveSummary
YC Projects has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€22,290) and a net result of €38,603. Equity is shrinking by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+49
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.98 in 2024; short-term debt: 316.7% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-216.7%
Return on assets
375.3%
Age of the figures
15 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 794 sector peers (2025).
NBB · sector comparisonPosition among 794 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-11-2025, 89 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
89 d early
2024
on the day
2023
28 d late
2022
393 d late
2021
758 d late
2020
28 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 160 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 28 February (4 of the last 5 filed years within 365 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€22,290▲ 63.4%
2024 · -€60,893
Total assets
€10,285▼ 60.6%
2024 · €26,121
Net result
€38,603▲ 957%
2024 · €3,651
Working capital
-€25,945▼ 6,027%
2024 · -€423
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€51,434€696-€4,402€10,046€49,127▲ 389%
Net result-€54,903below the sector's middle half-€2,946below the sector's middle half▲ 94.6%-€7,122below the sector's middle half▼ 142%€3,651within the sector's middle half€38,603within the sector's middle half▲ 957%
Equity-€54,475below the sector's middle half-€57,422below the sector's middle half▼ 5.4%-€64,544below the sector's middle half▼ 12.4%-€60,893below the sector's middle half▲ 5.7%-€22,290below the sector's middle half▲ 63.4%
Total assets€230,895within the sector's middle half▲ 218%€402,270above the sector's middle half▲ 74.2%€17,408below the sector's middle half▼ 95.7%€26,121below the sector's middle half▲ 50.0%€10,285below the sector's middle half▼ 60.6%
Debt€285,371▲ 296%€459,692▲ 61.1%€81,952▼ 82.2%€87,014▲ 6.2%€32,575▼ 62.6%
Working capital€181,990above the sector's middle half▲ 997%€300,574above the sector's middle half▲ 65.2%-€6,261below the sector's middle half-€423below the sector's middle half▲ 93.2%-€25,945below the sector's middle half▼ 6,027%
Solvency-23.6%below the sector's middle half▼ 24.2pp-14.3%below the sector's middle half▲ 9.3pp-370.8%below the sector's middle half▼ 356.5pp-233.1%below the sector's middle half▲ 137.6pp-216.7%below the sector's middle half▲ 16.4pp
Current ratio4.96above the sector's middle half▲ 3.654.50above the sector's middle half▼ 0.460.71below the sector's middle half▼ 3.790.98below the sector's middle half▲ 0.270.20below the sector's middle half▼ 0.78
Return on assets (ROA)-23.8%below the sector's middle half▼ 26.7pp-0.7%below the sector's middle half▲ 23.0pp-40.9%below the sector's middle half▼ 40.2pp14.0%within the sector's middle half▲ 54.9pp375.3%above the sector's middle half▲ 361.4pp
above
within
below
the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 389% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10,285
Fixed assets
€3,655 ▲ 332%
Current assets
€6,630 ▼ 73.8%
Key figures and ratios
EBITDA
€50,563▲
2024 · €11,096
Cash flow
€40,040▲
2024 · €4,701
Debt to equity
-1.46▼
2024 · -1.43
Interest coverage
48.08▲
2024 · 1.80
Debt ≤ 1 year
€32,575▲
2024 · €25,699
Income taxes
€9,472▲
2024 · €240
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,198 | €10,888 | €1,253 | €1,050 | €1,437 | ▲ 36.8% |
| Other operating charges640/8 | €12,232 | €2,144 | €8,606 | €720 | €480 | ▼ 33.3% |
| Gross operating margin9900 | -€38,004 | €13,727 | €5,457 | €11,816 | €51,044 | ▲ 332% |
| Operating profit (loss)9901 | -€51,434 | €696 | -€4,402 | €10,046 | €49,127 | ▲ 389% |
| Financial charges65/66B | €3,250 | €3,355 | €2,480 | €6,155 | €1,052 | ▼ 82.9% |
| Recurring financial charges65 | €3,250 | €3,355 | €2,480 | €6,155 | €1,052 | ▼ 82.9% |
| Profit (loss) for the period before taxes9903 | -€54,684 | -€2,659 | -€6,883 | €3,891 | €48,075 | ▲ 1,136% |
| Income taxes67/77 | €218 | €287 | €240 | €240 | €9,472 | ▲ 3,851% |
| Profit (loss) for the period9904 | -€54,903 | -€2,946 | -€7,122 | €3,651 | €38,603 | ▲ 957% |
| Profit (loss) for the period to be appropriated9905 | -€54,903 | -€2,946 | -€7,122 | €3,651 | €38,603 | ▲ 957% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €230,895 | €402,270 | €17,408 | €26,121 | €10,285 | ▼ 60.6% |
| Fixed assets21/28 | €2,965 | €15,801 | €1,895 | €845 | €3,655 | ▲ 332% |
| Tangible fixed assets22/27 | €2,965 | €15,801 | €1,895 | €845 | €3,655 | ▲ 332% |
| Plant, machinery and equipment23 | €2,965 | €3,148 | €1,895 | €845 | €3,655 | ▲ 332% |
| Furniture and vehicles24 | - | €12,653 | - | - | - | - |
| Current assets29/58 | €227,930 | €386,469 | €15,513 | €25,276 | €6,630 | ▼ 73.8% |
| Stocks and contracts in progress3 | €65,590 | €150,842 | - | - | - | - |
| Stocks30/36 | €65,590 | €150,842 | - | - | - | - |
| Amounts receivable within one year40/41 | €159,577 | €214,700 | €43 | €14,226 | - | - |
| Trade receivables40 | €75,354 | €65,041 | - | €12,000 | - | - |
| Other amounts receivable41 | €84,223 | €149,659 | €43 | €2,226 | - | - |
| Deferred charges and accrued income490/1 | €2,763 | €20,927 | €15,470 | €11,050 | €6,630 | ▼ 40.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €230,895 | €402,270 | €17,408 | €26,121 | €10,285 | ▼ 60.6% |
| Equity10/15 | -€54,475 | -€57,422 | -€64,544 | -€60,893 | -€22,290 | ▲ 63.4% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Profit (loss) carried forward14 | -€61,475 | -€64,422 | -€71,544 | -€67,893 | -€29,290 | ▲ 56.9% |
| Amounts payable17/49 | €285,371 | €459,692 | €81,952 | €87,014 | €32,575 | ▼ 62.6% |
| Amounts payable after more than one year17 | €14,780 | €9,947 | €60,178 | €61,315 | - | - |
| Financial debts170/4 | €14,780 | €9,947 | €4,705 | - | - | - |
| Other amounts payable178/9 | - | - | €55,473 | €61,315 | - | - |
| Amounts payable within one year42/48 | €45,940 | €85,895 | €21,775 | €25,699 | €32,575 | ▲ 26.8% |
| Current portion of amounts payable after more than one year42 | €4,457 | €4,833 | €5,242 | €4,705 | - | - |
| Financial debts43 | €4,993 | €5,000 | €5,000 | €5,378 | - | - |
| Credit institutions430/8 | €4,993 | €5,000 | €5,000 | €5,378 | - | - |
| Trade debts44 | €22,626 | €74,428 | €5,319 | €10,513 | €2,803 | ▼ 73.3% |
| Suppliers440/4 | €22,626 | €74,428 | €5,319 | €10,513 | €2,803 | ▼ 73.3% |
| Taxes, remuneration and social security45 | €13,865 | €1,634 | €6,214 | €5,103 | €16,475 | ▲ 223% |
| Taxes450/3 | €13,865 | €1,634 | €6,214 | €5,103 | €16,475 | ▲ 223% |
| Other amounts payable47/48 | - | - | - | - | €13,296 | - |
| Accrued charges and deferred income492/3 | €224,650 | €363,850 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€54,903 | -€2,946 | -€7,122 | €3,651 | €38,603 | ▲ 957% |
| + Depreciation and write-downs630 | €1,198 | €10,888 | €1,253 | €1,050 | €1,437 | ▲ 36.8% |
| Operating cash flow (approximation) | -€53,705 | €7,941 | -€5,869 | €4,701 | €40,040 | ▲ 752% |
| Investment in fixed assets (approximation) | - | -€23,723 | €12,653 | €0 | -€4,246 | - |
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
Next filing, fiscal year 2026, expected by
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €38,603 ▲957%
Operating result €49,127, net result €38,603, both a record.
13-03
Bankruptcy
Judicial dissolution and immediate closure
Ondernemingsrechtbank Brussel · event 07-03-2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €3,651
Net result €3,651 after 3 loss-making years.
25-03
Bankruptcy
Closure of the judicial dissolution
Ondernemingsrechtbank Brussel · event 12-03-2024
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 393 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 758 days late
10-01
Bankruptcy
Judicial dissolution, liquidator appointed
Ondernemingsrechtbank Brussel · event 05-01-2024
2021
30-06
Financial
Weakest financial yearnet -€54,903
Net result drops to -€54,903, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity quadruplescurrent ratio 4.96
Current ratio from 1.31 to 4.96; short-term debt falls from €52,844 to €45,940.
Show earlier events
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 152 days late
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 111 days late
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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
Registered office, Waterloo · 1 establishment unit since 2014
Ground area
1,047 m²
Building footprint
237 m²
Volume, LiDAR
2,031 m³
2 parcels, Flanders, Wallonia · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Sint-Antoniuslaan 65, 1700 Dilbeek
since 20142.236.727.948
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762H0693/00_000 | Wallonia | 586 m² | 1 · 97 m² | 7.5 m · 2 fl. |
| 23016D0238/00S002 | Flanders | 461 m² | 1 · 141 m² | 12.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
G-QUAM
BE 0462.942.297
Nivelles · Eq €465
NES Fircroft Belgium
BE 1009.188.790
Antwerpen · Eq €519
Solutions4HR
BE 0746.405.397
Antwerpen · Eq €521
PRISMAWORX INTERIM
BE 0835.190.982
Kinrooi · Eq €347
QUAREER
BE 1009.235.906
Oudenaarde · Eq €538
Of 2,360 companies in sector 78100 we hold annual accounts for 1,364. 70 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-11-2014
Fiscal year end30-06
Activities, NACEBEL 2025
78100Employment placement agencies
43120Site preparation
43350Other building finishing work
81210General cleaning of buildings
81300Landscape service activities
90391Promotion and organisation of arts and performing arts events
E-invoicing
Reachable via Peppol
Peppol ID
0208:0567817016
Registered
26-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.