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YECO

Active Private limited companyfounded 2007active for 19 yearsKiezelstraat 14, 3500 HasseltKBO/BCE: BE 0888.451.803

Lifetime

18 annual accounts with figures on one time axis
peak €109,822 (2016)
€67,160▲ 116%
lowest -€1,683 (2010)
€32,434▼ 78.9%
peak €532,490 (2024)
€496,080▼ 6.8%
€129,855▲ 28.7%
peak 0 FTE (2023)
-not published
Board1 name since 2007
1 directorWIJNEN Jan
Documentsfilings and deeds
21-04-2026101 days before the deadline
2025abbreviated format
Gross margin from €31,147 to €67,160Result from €153,596 to €32,434Dividend €68,844Debts from €100,935 to €129,855Cash from €234,789 to €159,488

Key points

from the 2025 annual accounts

Equity

€496,080 ▼ 6.8%
532,4902024+32,434Profit-68,844Dividend496,0802025

YECO paid out €68,844 in dividends. That is 212% of the 2025 profit.

Result

€32,434 ▼ 78.9%
€154,0002024€32,4002025

The result fell in 2025 from €153,596 to €32,434.

Turnover

≈ €150,000 estimated

The abbreviated format states no turnover.

Liquidity

3.72 was 5.53 in 2024

Short-term debts rose from €76,237 to €115,555.

Filings

18 annual accounts 19 filings since 2008
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 27 to 110 days before the end of the period.

Position in the sector

79.3%

Higher solvency than 84% of companies in architecture and engineering. Sector median 47.3% · 2,563 companies.

Checked score

94
Excellent
Financially stronger than 56% 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 14,827 companies (NACE 71, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged 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 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

100=equity 79.3% of total assets
77-18short-term debt 18.5% · cash 25.5%
75-24return on assets 5.2%

Score breakdown

lowers risk
Liquidity: current ratio 3.72, cash €159,488
Equity €496,080 (79.3% of total assets)
Figures for financial year 2025 (filed on 21-04-2026)
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
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 87% of them on solvency, 65% on liquidity, 40% on profitability and 30% on growth.

The bankruptcy probability was computed on 06-11-2026 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, 17,811 companies had the same profile as YECO has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.1%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of YECO itself: < 0.1% within 12 months.

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.

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 17,811 companies, not a prediction for YECO. 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 €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.72 (5.53 in 2024), above the usual 1.5. Short-term debt is 18.5% and cash 25.5% of total assets. 20.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.72, cash €159,488
NBB · annual accounts
lowers risk · Equity €496,080 (79.3% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 21-04-2026)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
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 21-04-2026, 101 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
101 days early
2024
69 days early
2023
110 days early
2022
27 days early
2022
31 days early
2021
45 days early
2020
33 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 59 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 7 May (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

WJ
Director, since 02-04-2007

Shares in 2 companies, MENCO TOOLING and MHAL

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0888451803
Resignation: WIJNEN Jan (manager) Reappointment: WIJNEN Jan (director) · General meeting of 23-06-2022 · Gazette deed
Incorporation published on 12-04-2007 · Gazette deed
First establishment Kiezelstraat 14, Hasselt
All 32 events

Comparable companies

same main activity, similar in size and age
Company
YECO Hasselt €625,935 €67,160 79.3% -
RASAR Sint-Truiden €580,991 €77,508 93.0% -
Water Supply Development Center Boortmeerbeek €712,421 €73,925 97.5% -
Jean-François MEYS Jalhay €606,148 €65,358 54.2% -
ELKO-TECH Merelbeke-Melle €618,729 €81,006 52.6% -
ALCYONIS DEVELOPMENT Namur €645,475 €78,745 82.1% -
Debever Advice Pittem €593,863 €56,897 98.2% -

These companies have the same main activity as YECO: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €581,000 and €712,000, founded between 2005 and 2009.

Official details

Source: KBO
Status
Active since 02-04-2007Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
Establishment unit
2.162.023.4963500 Hasselt, since 02-04-2007
Financial year end
31 December
Peppol
Reachable since 13-01-2026
Company details

Annual accounts 2025

€625,935▼ 1.2%
Filing
Filed on 21-04-2026, 101 days before the end of the filing period
Financials

Insights on YECO

YECO files the abbreviated format. That format states no turnover. The gross margin rose from €33,976 in 2008 to €67,160 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 YECO

What is the company number of YECO?
The company number of YECO is 0888.451.803. The VAT number is the same number with BE in front: BE 0888.451.803.
Where is YECO based?
The registered office is at Kiezelstraat 14, 3500 Hasselt.Company details
What does YECO 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 YECO?
YECO is a private limited company (BV).
When was YECO founded?
YECO was founded on 02-04-2007.
Is YECO still active?
Yes, YECO is an active enterprise in the KBO register.
What is the turnover of YECO?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €67,160 and 62 comparable companies (NACE 711). It probably lies between €110,000 and €220,000.Financials
Is YECO profitable?
In financial year 2025, YECO made a profit of €32,434.
Where can I find the annual accounts of YECO?
YECO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of YECO due?
YECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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