YCa-Projects
ActiveSummary
YCa-Projects has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,427 and a net result of €7,987. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91=
Solvency50▼-50
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.77 against 8.59 in 2024; short-term debt: 74.6% of total assets), and 74.6% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
2 d late
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average on the deadline day; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 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 trust this company with building work?Contractor check 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 What other support did companies like this one receive, and it did not?Public money
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€11,427▼ 65.8%
2024 · €33,440
Total assets
€45,020▲ 23.4%
2024 · €36,469
Net result
€7,987▲ 23.9%
2024 · €6,448
Working capital
-€7,869
2024 · €22,984
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
Line2022202320242025
Operating result€11,550-€22,266▲ 92.8%€9,526▼ 57.2%€13,426▲ 40.9%
Net result€8,631within the sector's middle half-€16,361within the sector's middle half▲ 89.6%€6,448within the sector's middle half▼ 60.6%€7,987within the sector's middle half▲ 23.9%
Equity€10,631below the sector's middle half-€26,992within the sector's middle half▲ 154%€33,440within the sector's middle half▲ 23.9%€11,427below the sector's middle half▼ 65.8%
Total assets€15,727below the sector's middle half-€32,602below the sector's middle half▲ 107%€36,469below the sector's middle half▲ 11.9%€45,020below the sector's middle half▲ 23.4%
Debt€5,096-€5,610▲ 10.1%€3,029▼ 46.0%€33,593▲ 1,009%
Working capital€6,637within the sector's middle half-€14,746within the sector's middle half▲ 122%€22,984within the sector's middle half▲ 55.9%-€7,869below the sector's middle half
Solvency67.6%within the sector's middle half-82.8%above the sector's middle half▲ 15.2pp91.7%above the sector's middle half▲ 8.9pp25.4%within the sector's middle half▼ 66.3pp
Current ratio2.30within the sector's middle half-3.63within the sector's middle half▲ 1.338.59above the sector's middle half▲ 4.960.77below the sector's middle half▼ 7.82
Return on assets (ROA)54.9%above the sector's middle half-50.2%above the sector's middle half▼ 4.7pp17.7%within the sector's middle half▼ 32.5pp17.7%within the sector's middle half▲ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
The operating result recovers in 2025; 2025 is 41% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45,020
Fixed assets
€19,296 ▲ 84.5%
Current assets
€25,724 ▼ 1.1%
Equity and liabilities €45,020
Equity
€11,427 ▼ 65.8%
Debt
€33,593 ▲ 1,009%
Debt's share of the balance-sheet total rises from 8.3% to 74.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20,814▲
2024 · €14,182
Cash flow
€15,375▲
2024 · €11,103
Debt to equity
2.94▲
2024 · 0.09
ROE
69.9%▲
2024 · 19.3%
Interest coverage
7.33▼
2024 · 14.65
Debt ≤ 1 year
€33,593▲
2024 · €3,029
Income taxes
€2,611▲
2024 · €2,111
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
3.1%
went bankrupt
1.6%
stopped otherwise
94%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,976 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €536 | €2,212 | €4,656 | €7,388 | ▲ 58.7% |
| Other operating charges640/8 | €353 | €542 | €721 | €1,009 | ▲ 39.9% |
| Gross operating margin9900 | €12,439 | €25,020 | €14,903 | €21,823 | ▲ 46.4% |
| Operating profit (loss)9901 | €11,550 | €22,266 | €9,526 | €13,426 | ▲ 40.9% |
| Financial income75/76B | €1 | €0 | €0 | €11 | ▲ 36,500% |
| Recurring financial income75 | €1 | €0 | €0 | €11 | ▲ 36,500% |
| Financial charges65/66B | €716 | €1,301 | €968 | €2,839 | ▲ 193% |
| Recurring financial charges65 | €716 | €1,301 | €968 | €2,839 | ▲ 193% |
| Profit (loss) for the period before taxes9903 | €10,835 | €20,965 | €8,559 | €10,598 | ▲ 23.8% |
| Income taxes67/77 | €2,204 | €4,604 | €2,111 | €2,611 | ▲ 23.7% |
| Profit (loss) for the period9904 | €8,631 | €16,361 | €6,448 | €7,987 | ▲ 23.9% |
| Profit (loss) for the period to be appropriated9905 | €8,631 | €16,361 | €6,448 | €7,987 | ▲ 23.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €15,727 | €32,602 | €36,469 | €45,020 | ▲ 23.4% |
| Fixed assets21/28 | €3,994 | €12,246 | €10,456 | €19,296 | ▲ 84.5% |
| Tangible fixed assets22/27 | €3,794 | €12,046 | €10,456 | €19,296 | ▲ 84.5% |
| Plant, machinery and equipment23 | €3,214 | €11,583 | €10,110 | €19,067 | ▲ 88.6% |
| Furniture and vehicles24 | €580 | €463 | €346 | €229 | ▼ 33.8% |
| Financial fixed assets28 | €200 | €200 | - | - | - |
| Current assets29/58 | €11,733 | €20,355 | €26,013 | €25,724 | ▼ 1.1% |
| Amounts receivable within one year40/41 | €7,133 | €12,252 | €13,496 | €23,842 | ▲ 76.7% |
| Trade receivables40 | €4,970 | €10,855 | €11,215 | €19,044 | ▲ 69.8% |
| Other amounts receivable41 | €2,163 | €1,397 | €2,281 | €4,797 | ▲ 110% |
| Cash at bank and in hand54/58 | €2,998 | €6,418 | €12,349 | - | - |
| Deferred charges and accrued income490/1 | €1,602 | €1,686 | €168 | €1,883 | ▲ 1,024% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €15,727 | €32,602 | €36,469 | €45,020 | ▲ 23.4% |
| Equity10/15 | €10,631 | €26,992 | €33,440 | €11,427 | ▼ 65.8% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | - | - | €31,440 | €9,427 | ▼ 70.0% |
| Distributable reserves133 | - | - | €31,440 | €9,427 | ▼ 70.0% |
| Profit (loss) carried forward14 | €8,631 | €24,992 | - | - | - |
| Amounts payable17/49 | €5,096 | €5,610 | €3,029 | €33,593 | ▲ 1,009% |
| Amounts payable within one year42/48 | €5,096 | €5,610 | €3,029 | €33,593 | ▲ 1,009% |
| Financial debts43 | - | - | - | €2,013 | - |
| Credit institutions430/8 | - | - | - | €2,013 | - |
| Trade debts44 | €1,615 | €1,896 | €1,340 | €7,430 | ▲ 454% |
| Suppliers440/4 | €1,615 | €1,896 | €1,340 | €7,430 | ▲ 454% |
| Taxes, remuneration and social security45 | €2,113 | €3,713 | - | €4,500 | - |
| Taxes450/3 | €13 | €3,713 | - | €4,500 | - |
| Remuneration and social security454/9 | €2,100 | - | - | - | - |
| Other amounts payable47/48 | €1,369 | - | €1,689 | €19,650 | ▲ 1,063% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,631 | €16,361 | €6,448 | €7,987 | ▲ 23.9% |
| + Depreciation and write-downs630 | €536 | €2,212 | €4,656 | €7,388 | ▲ 58.7% |
| Operating cash flow (approximation) | €9,166 | €18,573 | €11,103 | €15,375 | ▲ 38.5% |
| Investment in fixed assets (approximation) | - | -€10,464 | -€2,865 | -€16,228 | ▼ 466% |
| Change in cash | - | €3,420 | €5,932 | - | - |
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
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €6,448 ▼60.6%
Net result drops to €6,448, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 8.59
Current ratio from 3.63 to 8.59; short-term debt falls from €5,610 to €3,029.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
30-09
Financial
Highest result since 2022net €16,361 ▲89.6%
Operating result €22,266, net result €16,361, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lokeren · 1 establishment unit since 2021
Ground area
231 m²
Building footprint
87 m²
Volume, LiDAR
594 m³
Parcel 46382B0391/00T004, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
YCa-Projects
since 20212.325.235.894
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B0391/00T004 | Flanders | 231 m² | 1 · 87 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 108 EUR awarded · 108 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 108 EUR | 108 EUR |
Similar companies · same sector, comparable size
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Les ArchiFripiers
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Of 18,250 companies in sector 71111 we hold annual accounts for 6,321. 3,645 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
Founded01-12-2021
Fiscal year end30-09
Activities, NACEBEL 2025
71111Activities of building architects
43211General electrical installation work
43221Plumbing work
43990Other specialised construction activities
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0777935149
Registered
18-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.