Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Of this, €83,759 falls due within a year.
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 52.4% · 10,858 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 3% of them on solvency, 3% on liquidity and 4% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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).
In July 2024, 1,322 companies had the same profile as YEP Development has now. Each dot stands for 4 companies, two years later.
That fits the bankruptcy probability of YEP Development itself: 1.3% within 12 months.
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 1,322 companies, not a prediction for YEP Development. 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.
Liquidity is insufficient, with a current ratio of 0.19, below 1. Short-term debt is 181% and cash 2.3% of total assets. Equity is negative.
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.
| Company | ||||
|---|---|---|---|---|
| YEP Development Antwerp | €46,277 | -€40,816 | -81.5% | - |
| CALLIS CYTISA Oud-Turnhout | €50,540 | -€4,783 | 87.0% | - |
| MCDW Kapellen | €55,047 | -€27,288 | -49.9% | - |
| CSMT Wuustwezel | €60,076 | -€3,697 | 60.1% | - |
| CONSULT IN ALLIANCE Modave | €44,521 | -€2,611 | 24.8% | - |
| Mixus Bruges | €47,360 | -€1,789 | 9.2% | - |
| EM3 Uccle | €45,356 | -€27,248 | -152.3% | - |
These companies have the same main activity as YEP Development: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €44,500 and €60,100, founded between 2024 and 2025.
YEP Development has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€37,734) and a net result of -€42,734.
Its solvency ranks better than 5% of 10,858 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Lower than 95% of 10,858 companies in 2025.
Higher than 11% of 10,480 companies in 2025.
Lower than 95% of 10,727 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
46,277 | |
21/28 |
30,085 | |
22/27 |
30,085 | |
27 |
30,085 | |
29/58 |
16,192 | |
40/41 |
14,379 | |
41 |
14,379 | |
54/58 |
1,074 | |
490/1 |
740 | |
| Balance sheet: equity and liabilities | ||
10/49 |
46,277 | |
10/15 |
-37,734 | |
10/11 |
5,000 | |
14 |
-42,734 | |
17/49 |
84,011 | |
42/48 |
83,759 | |
44 |
5,194 | |
440/4 |
5,194 | |
47/48 |
78,565 | |
492/3 |
252 | |
| Income statement | ||
9900 |
-40,816 | |
640/8 |
400 | |
9901 |
-41,216 | |
65/66B |
1,518 | |
65 |
1,518 | |
9903 |
-42,734 | |
9904 |
-42,734 | |
9905 |
-42,734 | |
| Appropriation of the result | ||
9906 |
-42,734 | |
| Document | ||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 09-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-06-2026 | 2026-00154885 |
| Line | Trend | 2025 |
|---|---|---|
| 30,085 | ||
| -67,566 | ||
| -81.5% | ||
| 0.19 | ||
| -92.3% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 |
|---|---|
| Tangible fixed assets | €30,085 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Equity is negative. Debt (€84,011) exceeds the balance-sheet total (€46,277).
Further up the chainTriple Living Holding NV consolidates
Source: list of holdings in the 2025 accounts of TRIPLE LIVING HOLDING. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
Part of the group TRIPLE LIVING HOLDING Group, risk and exposure| TRIPLE LIVING
registered office since 08-02-2011 · founded in 2010 · group TRIPLE LIVING HOLDING |
30 FTE (2025) 0829.278.932 |
| TRIPLE LIVING HOLDING
registered office since 27-12-2018 · founded in 2018 |
total assets €263.1m (2025) 0716.886.121 |
| ONLY LAND
registered office since 08-02-2011 · founded in 2010 · group TRIPLE LIVING HOLDING |
turnover €14.0m (2025) 0827.487.895 |
| URBAN LIVING PROJECT MANAGEMENT
registered office since 07-11-2012 · founded in 2012 · group URBAN LIVING BELGIUM |
turnover €35.9m (2025) 0500.615.713 |
| URBAN LIVING BELGIUM
registered office since 07-12-2010 · founded in 2010 |
total assets €60.3m (2025) 0831.672.258 |
| ULP-I
registered office since 22-04-2014 · founded in 2014 · group URBAN LIVING BELGIUM |
total assets €43.5m (2025) 0550.798.761 |
| GANDS
registered office since 24-10-2001 · founded in 2000 · group TRIPLE LIVING HOLDING |
turnover €5.4m (2025) 0472.184.716 |
| QUEEN TOWERS
registered office since 01-01-2016 · founded in 2015 · group TRIPLE LIVING HOLDING |
total assets €22.1m (2025) 0644.684.863 |
| Elements Real Estate I
registered office since 30-04-2019 · founded in 2019 · negative equity (2025) · group TRIPLE LIVING HOLDING |
total assets €20.2m (2025) 0725.928.006 |
| GREEN GARDEN OFFICES
registered office since 15-12-2023 · founded in 2023 · group TRIPLE LIVING HOLDING |
total assets €18.2m (2025) 1003.440.254 |
| ULP-II founded in 2014 · negative equity (2025) · group URBAN LIVING BELGIUM |
total assets €2.0m (2025) |
| URBAN LIVING PROJECT MANAGEMENT via Arfides (no longer at URBAN LIVING PROJECT MANAGEMENT) and DUCK (no longer at URBAN LIVING PROJECT MANAGEMENT) · Manager · deed of 09-11-2018 founded in 2012 · group URBAN LIVING BELGIUM |
turnover €35.9m (2025) |
| URBAN LIVING BELGIUM via Arfides (no longer at URBAN LIVING BELGIUM), SKYLINE EUROPE (no longer at URBAN LIVING BELGIUM) and 2 others · deed of 18-07-2018 founded in 2010 |
total assets €60.3m (2025) |
| ULP-I founded in 2014 · group URBAN LIVING BELGIUM |
total assets €43.5m (2025) |
| IMMPACT VASTGOED via Arfides (no longer at IMMPACT VASTGOED) and DUCK (no longer at IMMPACT VASTGOED) · Director · deed of 05-07-2018 founded in 2003 |
total assets €32.9m (2025) |
| GOODWAYS via Arfides, no longer at GOODWAYS · Director · deed of 19-12-2018 founded in 1960 |
total assets €24.5m (2025) |
| Solaedi via Arfides (no longer at Solaedi) and REAL ESTATE SOLUTIONS (no longer at Solaedi) · Director · deed of 08-01-2021 founded in 2012 |
total assets €14.0m (2025) |
| RAC 6 via Arfides (no longer at RAC 6) and REAL ESTATE SOLUTIONS (no longer at RAC 6) · Director · deeds of 14-12-2022 and 28-02-2020 founded in 2019 · group TRIPLE LIVING HOLDING |
total assets €4.8m (2025) |
| Tunnelplaats via Arfides (no longer at Tunnelplaats) and DUCK (no longer at Tunnelplaats) · Director · deed of 19-07-2018 No longer active |
total assets €3.7m (2022) |
| JAMBES MAGONDEAUX via Arfides (no longer at JAMBES MAGONDEAUX) and DUCK (no longer at JAMBES MAGONDEAUX) · Director · deed of 18-07-2018 No longer active |
total assets €2.4m (2024) |
| ULP-IV via Arfides (no longer at ULP-IV) and DUCK (no longer at ULP-IV) · Class A director · deed of 18-07-2018 No longer active |
total assets €493,730 (2018) |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Michel De Braeystraat 55 registered office 2000 Antwerp |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11811L3991/00A000 | 8,183 m² | 1 · 1,836 m² | 12.8 m |
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