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YC034

Active
Private limited companyfounded 2024active for 2 yearsSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 1004.944.843

Financials · financial year 2025, micro format

2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00482406.

Annual accounts 2025 filed on 30-08-2026 at the NBB all 2 filings

Turnover
≈ €89,000
Estimated: probably between €41,000 and €210,000
Total assets
€8,905▼ 10.4%
2024 · €9,940
Net result
€8,067
2024 · -€7,074
Working capital
€1,993
2024 · -€7,074
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€9,171
2025
20242025
Net result
€8,067
2025
20242025
Equity
€1,993
2025
20242025
Total assets
€8,905
▼ 10.4% 2025
20242025
Debt
€6,912
▼ 59.4% 2025
20242025
Working capital
€1,993
2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€7,259-€9,171
Net result-€7,074-€8,067
Equity-€7,074-€1,993
Total assets€9,940-€8,905▼ 10.4%
Debt€17,014-€6,912▼ 59.4%
Working capital-€7,074-€1,993

The operating result for 2025 is a profit of €9,171, after a loss of €7,259 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.

Balance-sheet composition
Equity and liabilities €8,905
Equity €1,993
Debt €6,912
Debt's share of the balance-sheet total is 77.6%.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.29▲
2024 · 0.58
Debt to equity
3.47
ROE
404.8%
ROA
90.6%▲
2024 · -71.2%
Debt ≤ 1 year
€6,912▼
2024 · €17,014
Income taxes
€967
Staff costs
€219▲
2024 · €26
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€9,940€8,905▼
Current assets29/58€9,940€8,905▼
Amounts receivable within one year40/41€1,567€2,571▲
Trade receivables40-€772
Other amounts receivable41€1,567€1,799▲
Cash at bank and in hand54/58€8,374€6,334▼
Equity and liabilities
Total equity and liabilities10/49€9,940€8,905▼
Equity10/15-€7,074€1,993▲
Contributions10/11-€1,000
Profit (loss) carried forward14-€7,074€993▲
Amounts payable17/49€17,014€6,912▼
Amounts payable within one year42/48€17,014€6,912▼
Trade debts44€5,579€2,790▼
Suppliers440/4€5,579€2,790▼
Taxes, remuneration and social security45-€983
Taxes450/3-€983
Other amounts payable47/48€11,436€3,140▼
Income statement Code20242025
Remuneration, social security and pensions62€26€219▲
Other operating charges640/8-€2,239
Gross operating margin9900-€7,232€11,629▲
Operating profit (loss)9901-€7,259€9,171▲
Financial income75/76B€289€0▼
Recurring financial income75€289€0▼
Financial charges65/66B€104€138▲
Recurring financial charges65€104€138▲
Profit (loss) for the period before taxes9903-€7,074€9,033▲
Income taxes67/77-€967
Profit (loss) for the period9904-€7,074€8,067▲
Profit (loss) for the period to be appropriated9905-€7,074€8,067▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7,074€993▲
Profit (loss) brought forward from the previous period14P--€7,074

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.

Line20242025Change
Remuneration, social security and pensions62€26€219▲ 732%
Other operating charges640/8-€2,239-
Gross operating margin9900-€7,232€11,629-
Operating profit (loss)9901-€7,259€9,171-
Financial income75/76B€289€0▼ 100.0%
Recurring financial income75€289€0▼ 100.0%
Financial charges65/66B€104€138▲ 32.1%
Recurring financial charges65€104€138▲ 32.1%
Profit (loss) for the period before taxes9903-€7,074€9,033-
Income taxes67/77-€967-
Profit (loss) for the period9904-€7,074€8,067-
Profit (loss) for the period to be appropriated9905-€7,074€8,067-
Line20242025Change
Assets
Total assets20/58€9,940€8,905▼ 10.4%
Current assets29/58€9,940€8,905▼ 10.4%
Amounts receivable within one year40/41€1,567€2,571▲ 64.1%
Trade receivables40-€772-
Other amounts receivable41€1,567€1,799▲ 14.8%
Cash at bank and in hand54/58€8,374€6,334▼ 24.4%
Equity and liabilities
Total equity and liabilities10/49€9,940€8,905▼ 10.4%
Equity10/15-€7,074€1,993-
Contributions10/11-€1,000-
Profit (loss) carried forward14-€7,074€993-
Amounts payable17/49€17,014€6,912▼ 59.4%
Amounts payable within one year42/48€17,014€6,912▼ 59.4%
Trade debts44€5,579€2,790▼ 50.0%
Suppliers440/4€5,579€2,790▼ 50.0%
Taxes, remuneration and social security45-€983-
Taxes450/3-€983-
Other amounts payable47/48€11,436€3,140▼ 72.5%
Line20242025Change
Profit (loss) for the period9904-€7,074€8,067-
Operating cash flow (approximation)-€7,074€8,067-
Change in cash--€2,040-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 7,976 companies had the same profile as YC034 has now. Two years later, 94.3% were still going and 3.6% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
94.3% was still going
1.8% stopped otherwise
3.6% went bankrupt

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of YC034 itself is higher: 8.1% within 12 months. It rests on far more data about YC034 than the profile alone.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 7,976 companies, not a prediction for YC034. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 30-08-2026 2026-00482406 PDF
31-12-2024 micro format 07-01-2026 2026-00002945 PDF

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