YDEGO
ActiveSummary
YDEGO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€17,846) and a net result of €14,446. Equity is shrinking by ~83.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 2547 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73▲+68
Solvency21▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.03 in 2023; short-term debt: 47.4% and cash: 0.2% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
-4.1%
Return on assets
3.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2547 sector peers (2024).
NBB · sector comparisonPosition among 2547 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
68 d late
2022
67 d late
2021
86 d late
2020
12 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
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
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€17,846▲ 44.7%
2023 · -€32,292
Total assets
€435,384▼ 5.0%
2023 · €458,495
Net result
€14,446
2023 · -€50,146
Working capital
-€203,636▲ 8.7%
2023 · -€223,146
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 85, Education, 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
Line20202021202220232024
Operating result€15,705-€21,065▲ 34.1%-€8,915-€43,240▼ 385%€21,469
Net result€14,320within the sector's middle half-€13,693within the sector's middle half▼ 4.4%-€15,160below the sector's middle half-€50,146below the sector's middle half▼ 231%€14,446within the sector's middle half
Equity€19,320within the sector's middle half-€33,014within the sector's middle half▲ 70.9%€17,853within the sector's middle half▼ 45.9%-€32,292below the sector's middle half-€17,846below the sector's middle half▲ 44.7%
Total assets€173,461within the sector's middle half-€461,325above the sector's middle half▲ 166%€478,845above the sector's middle half▲ 3.8%€458,495above the sector's middle half▼ 4.2%€435,384above the sector's middle half▼ 5.0%
Debt€154,140-€428,312▲ 178%€460,992▲ 7.6%€490,788▲ 6.5%€453,230▼ 7.7%
Working capital-€26,283below the sector's middle half--€63,227below the sector's middle half▼ 141%-€89,372below the sector's middle half▼ 41.4%-€223,146below the sector's middle half▼ 150%-€203,636below the sector's middle half▲ 8.7%
Solvency11.1%within the sector's middle half-7.2%below the sector's middle half▼ 4.0pp3.7%below the sector's middle half▼ 3.4pp-7.0%below the sector's middle half▼ 10.8pp-4.1%below the sector's middle half▲ 2.9pp
Current ratio0.41below the sector's middle half-0.28below the sector's middle half▼ 0.130.16below the sector's middle half▼ 0.120.03below the sector's middle half▼ 0.120.01below the sector's middle half▼ 0.02
Return on assets (ROA)8.3%within the sector's middle half-3.0%within the sector's middle half▼ 5.3pp-3.2%below the sector's middle half▼ 6.1pp-10.9%below the sector's middle half▼ 7.8pp3.3%within the sector's middle half▲ 14.3pp
Staff (FTE)1
above
within
below
the middle half (P25 to P75) of NACE 85, Education, 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 returns to profit in 2024: €21,469 after a loss of €43,240 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €435,384
Fixed assets
€432,855 ▼ 4.0%
Current assets
€2,529 ▼ 65.7%
Key figures and ratios
EBITDA
€51,458▲
2023 · -€14,722
Cash flow
€44,435▲
2023 · -€21,627
Debt to equity
-25.40▼
2023 · -15.20
Interest coverage
7.48▲
2023 · -2.17
Debt ≤ 1 year
€206,165▼
2023 · €230,513
Debt > 1 year
€247,065▼
2023 · €260,275
Income taxes
€140▲
2023 · €123
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 906 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
6.1%
went bankrupt
4.1%
stopped otherwise
89%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,338 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 906 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €34,613 | €19,227 | €39,081 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,624 | €5,970 | €20,907 | €28,519 | €29,989 | ▲ 5.2% |
| Other operating charges640/8 | - | €2,205 | €1,135 | €4,011 | €8,126 | ▲ 103% |
| Gross operating margin9900 | €52,652 | €63,854 | €32,354 | €28,371 | €59,584 | ▲ 110% |
| Operating profit (loss)9901 | €15,705 | €21,065 | -€8,915 | -€43,240 | €21,469 | ▲ 150% |
| Financial charges65/66B | - | €7,255 | €6,120 | €6,782 | €6,883 | ▲ 1.5% |
| Recurring financial charges65 | €1,073 | €7,255 | €6,120 | €6,782 | €6,883 | ▲ 1.5% |
| Profit (loss) for the period before taxes9903 | €14,632 | €13,811 | -€15,036 | -€50,022 | €14,586 | ▲ 129% |
| Income taxes67/77 | €312 | €117 | €125 | €123 | €140 | ▲ 13.2% |
| Profit (loss) for the period9904 | €14,320 | €13,693 | -€15,160 | -€50,146 | €14,446 | ▲ 129% |
| Profit (loss) for the period to be appropriated9905 | €14,320 | €13,693 | -€15,160 | -€50,146 | €14,446 | ▲ 129% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €173,461 | €461,325 | €478,845 | €458,495 | €435,384 | ▼ 5.0% |
| Formation expenses20 | €642 | €482 | €321 | €161 | - | - |
| Fixed assets21/28 | €154,221 | €436,197 | €461,892 | €450,968 | €432,855 | ▼ 4.0% |
| Tangible fixed assets22/27 | €154,221 | €436,197 | €461,892 | €450,968 | €432,855 | ▼ 4.0% |
| Land and buildings22 | - | €423,790 | €444,776 | €435,610 | €411,027 | ▼ 5.6% |
| Furniture and vehicles24 | - | €12,406 | €17,116 | €15,358 | €21,828 | ▲ 42.1% |
| Current assets29/58 | €18,597 | €24,647 | €16,632 | €7,367 | €2,529 | ▼ 65.7% |
| Amounts receivable within one year40/41 | €13,286 | €21,233 | €11,348 | €5,211 | €1,787 | ▼ 65.7% |
| Trade receivables40 | - | €17,790 | - | €3,566 | €1,787 | ▼ 49.9% |
| Other amounts receivable41 | - | €3,443 | €11,348 | €1,645 | - | - |
| Cash at bank and in hand54/58 | €4,380 | €2,942 | €4,969 | €1,999 | €742 | ▼ 62.9% |
| Deferred charges and accrued income490/1 | - | €472 | €315 | €157 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €173,461 | €461,325 | €478,845 | €458,495 | €435,384 | ▼ 5.0% |
| Equity10/15 | €19,320 | €33,014 | €17,853 | -€32,292 | -€17,846 | ▲ 44.7% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €14,320 | €28,014 | €12,853 | -€37,292 | -€22,846 | ▲ 38.7% |
| Amounts payable17/49 | €154,140 | €428,312 | €460,992 | €490,788 | €453,230 | ▼ 7.7% |
| Amounts payable after more than one year17 | €109,193 | €340,438 | €354,988 | €260,275 | €247,065 | ▼ 5.1% |
| Financial debts170/4 | - | €340,438 | €354,988 | €260,275 | €247,065 | ▼ 5.1% |
| Amounts payable within one year42/48 | €44,881 | €87,874 | €106,004 | €230,513 | €206,165 | ▼ 10.6% |
| Current portion of amounts payable after more than one year42 | - | €14,790 | €15,450 | €16,013 | €13,209 | ▼ 17.5% |
| Financial debts43 | - | - | - | €670 | - | - |
| Credit institutions430/8 | - | - | - | €670 | - | - |
| Trade debts44 | €34,364 | €51,168 | €21,321 | €17,000 | €8,891 | ▼ 47.7% |
| Suppliers440/4 | - | €51,168 | €21,321 | €17,000 | €8,891 | ▼ 47.7% |
| Taxes, remuneration and social security45 | - | €15,916 | €23,233 | €36,712 | €15,337 | ▼ 58.2% |
| Taxes450/3 | - | €1,206 | €5,084 | €755 | €3,396 | ▲ 350% |
| Remuneration and social security454/9 | - | €14,710 | €18,149 | €35,957 | €11,941 | ▼ 66.8% |
| Other amounts payable47/48 | - | €6,000 | €46,000 | €160,117 | €168,728 | ▲ 5.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,320 | €13,693 | -€15,160 | -€50,146 | €14,446 | ▲ 129% |
| + Depreciation and write-downs630 | €3,624 | €5,970 | €20,907 | €28,519 | €29,989 | ▲ 5.2% |
| Operating cash flow (approximation) | €17,944 | €19,664 | €5,747 | -€21,627 | €44,435 | ▲ 305% |
| Investment in fixed assets (approximation) | - | -€287,946 | -€46,603 | -€17,594 | -€11,876 | ▲ 32.5% |
| Change in cash | - | -€1,437 | €2,027 | -€2,970 | -€1,257 | ▲ 57.7% |
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
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €14,446
Net result €14,446 after 2 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet -€50,146
Net result drops to -€50,146, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 86 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
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, Wanze · 1 establishment unit since 2019
Ground area
292 m²
Building footprint
79 m²
Volume, LiDAR
401 m³
Parcel 61070A0253/02D000, Wallonia · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
YDEGO
since 20192.292.826.414
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61070A0253/02D000 | Wallonia | 292 m² | 1 · 79 m² | 6.3 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.
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Of 13,509 companies in sector 85510 we hold annual accounts for 722. 590 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
Founded25-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
85510Sports and recreation education
47639Retail sale of other sporting goods
Contact
E-mail
y.chasseur@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0731581027
Also
9925:BE0731581027
Registered
02-12-2025
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.