Equity
€73,108 ▼ 53.5%
YE engineering paid out €148,962 in dividends. That is 229% of the 2025 profit.
YE engineering
Lifetime
5 annual accounts with figures on one time axispeak €128,203 (2025)
€128,203▲ 13.4%
peak €83,960 (2024)
€65,002▼ 22.6%
peak €157,068 (2024)
€73,108▼ 53.5%
€100,606▲ 101%
Board1 name since 2021
1 directorYIGIT Erdal
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from €113,055 to €128,203Dividend €148,962Equity from €157,068 to €73,108Debts from €50,126 to €100,606Investments €7,438Cash from €43,947 to €66,467
Key points
from the 2025 annual accountsTurnover
≈ €260,000 estimated
The micro format states no turnover.
Investments
€7,438 6.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 75.2% higher than in 2024.
Liquidity
1.65 was 4.11 in 2024
Short-term debts rose from €50,126 to €100,606.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 38 to 55 days before the end of the period.
Position in the sector
€65,002
Higher net result than 85% of companies in architecture and engineering. Sector median €16,709 · 11,795 companies.
Checked score
92
Excellent
Financially stronger than 37% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025highest value
07-2025: < 0.1%▼ -0.3 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 1.65, cash €66,467
Figures for financial year 2025 (filed on 23-06-2026)
Size: total assets €173,715
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 40% of them on solvency, 56% on liquidity, 42% on profitability and 10% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as YE engineering has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of YE engineering itself is lower: < 0.1% within 12 months. It rests on far more data about YE engineering than the profile alone.
Test of the method
The method was tested on the 497,447 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 26,972 companies, not a prediction for YE engineering. 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.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.65 (4.11 in 2024), above the usual 1.5. Short-term debt is 57.9% and cash 38.3% of total assets. However, 57.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 days early
2024
49 days early
2023
55 days early
2022
46 days early
2021
47 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 47 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0762807802
Incorporation
Founding capital of €3,000 · Founder: YIGIT Erdal (sole founder) · Appointment: YIGIT Erdal (director) · published on 04-02-2021 · Gazette deed
First establishment
Paul Vekemanslaan 23, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| YE engineering Antwerp | €173,715 | €128,203 | 42.1% | - |
| Lennert Verbiest Projects Brecht | €154,204 | €113,665 | 9.6% | - |
| WRI Engineering Lebbeke | €182,348 | €125,608 | 7.7% | - |
| TEKENBUREEL DENOLF Zulte | €188,888 | €118,815 | 17.2% | - |
| Vadum Consulting Laarne | €182,858 | €127,084 | 37.8% | - |
| Nota Bene Consultancy Dour | €194,988 | €119,661 | 13.0% | - |
| QBUILD Wavre | €151,753 | €137,621 | 19.1% | - |
These companies have the same main activity as YE engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €152,000 and €195,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 02-02-2021Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.312.636.2872660 Antwerp, since 02-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 15-10-2025
Annual accounts 2025
- €173,715▼ 16.2%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on YE engineering
YE engineering files the micro format. That format states no turnover. The gross margin rose from €44,223 in 2021 to €128,203 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about YE engineering
- What is the company number of YE engineering?
- The company number of YE engineering is 0762.807.802. The VAT number is the same number with BE in front: BE 0762.807.802.
- Where is YE engineering based?
- The registered office is at Paul Vekemanslaan 23, 2660 Antwerp.Company details
- What does YE engineering do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of YE engineering?
- YE engineering is a private limited company (BV).
- When was YE engineering founded?
- YE engineering was founded on 02-02-2021.
- Is YE engineering still active?
- Yes, YE engineering is an active enterprise in the KBO register.
- What is the turnover of YE engineering?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €128,203 and 36 comparable companies (NACE 711). It probably lies between €200,000 and €330,000.Financials
- Is YE engineering profitable?
- In financial year 2025, YE engineering made a profit of €65,002.
- Where can I find the annual accounts of YE engineering?
- YE engineering filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of YE engineering due?
- YE engineering must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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