YES CONCEPT
ActiveSummary
YES CONCEPT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €408,482 and a net result of €16,230. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 90% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 0.22 in 2024; short-term debt: 7.7% and cash: 10.8% of total assets), and 10.4% of the assets are financed with debt.
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Signals
Five 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.6%
Return on assets
3.6%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
3 d early
2023
on the day
2022
on the day
2021
on the day
2020
10 d late
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16,230▲ 32.4%
2024 · €12,256
Working capital
€14,672
2024 · -€24,460
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Line20212022202320242025
Operating result€26,066▲ 21.4%€31,356▲ 20.3%€26,127▼ 16.7%€26,588▲ 1.8%€26,242▼ 1.3%
Net result€15,236within the sector's middle half▲ 18.7%€19,549within the sector's middle half▲ 28.3%€18,504within the sector's middle half▼ 5.3%€12,256within the sector's middle half▼ 33.8%€16,230within the sector's middle half▲ 32.4%
Equity€341,943within the sector's middle half▲ 4.7%€361,492within the sector's middle half▲ 5.7%€379,996within the sector's middle half▲ 5.1%€392,252within the sector's middle half▲ 3.2%€408,482within the sector's middle half▲ 4.1%
Total assets€492,175below the sector's middle half▼ 4.9%€466,856below the sector's middle half▼ 5.1%€449,702below the sector's middle half▼ 3.7%€429,977below the sector's middle half▼ 4.4%€455,761below the sector's middle half▲ 6.0%
Debt€150,232▼ 21.3%€105,364▼ 29.9%€69,706▼ 33.8%€37,725▼ 45.9%€47,279▲ 25.3%
Working capital-€52,457within the sector's middle half▼ 5.1%-€51,031within the sector's middle half▲ 2.7%-€49,536within the sector's middle half▲ 2.9%-€24,460within the sector's middle half▲ 50.6%€14,672within the sector's middle half
Solvency69.5%above the sector's middle half▲ 6.4pp77.4%above the sector's middle half▲ 8.0pp84.5%above the sector's middle half▲ 7.1pp91.2%above the sector's middle half▲ 6.7pp89.6%above the sector's middle half▼ 1.6pp
Current ratio0.20below the sector's middle half▼ 0.080.11below the sector's middle half▼ 0.090.14below the sector's middle half▲ 0.030.22below the sector's middle half▲ 0.091.42within the sector's middle half▲ 1.20
Return on assets (ROA)3.1%within the sector's middle half▲ 0.6pp4.2%within the sector's middle half▲ 1.1pp4.1%within the sector's middle half▼ 0.1pp2.9%within the sector's middle half▼ 1.3pp3.6%within the sector's middle half▲ 0.7pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €455,761
Fixed assets
€406,122 ▼ 4.0%
Current assets
€49,639 ▲ 603%
Equity and liabilities €455,761
Equity
€408,482 ▲ 4.1%
Debt
€47,279 ▲ 25.3%
Debt's share of the balance-sheet total rises from 8.8% to 10.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44,425▼
2024 · €45,416
Cash flow
€34,413▲
2024 · €31,084
Debt to equity
0.12▲
2024 · 0.10
ROE
4.0%▲
2024 · 3.1%
Interest coverage
64.11▲
2024 · 25.18
Debt ≤ 1 year
€34,967▲
2024 · €31,526
Debt > 1 year
€5,780▲
2024 · €5,440
Income taxes
€9,782▼
2024 · €12,566
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
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 14,733 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,829 | €18,829 | €18,828 | €18,828 | €18,183 | ▼ 3.4% |
| Other operating charges640/8 | €4,632 | €4,736 | €5,194 | €5,392 | €5,404 | ▲ 0.2% |
| Gross operating margin9900 | €49,527 | €54,921 | €50,149 | €50,808 | €49,829 | ▼ 1.9% |
| Operating profit (loss)9901 | €26,066 | €31,356 | €26,127 | €26,588 | €26,242 | ▼ 1.3% |
| Financial income75/76B | - | - | €17 | €38 | €463 | ▲ 1,118% |
| Recurring financial income75 | - | - | €17 | €38 | €463 | ▲ 1,118% |
| Financial charges65/66B | €1,326 | €1,375 | €2,632 | €1,804 | €693 | ▼ 61.6% |
| Recurring financial charges65 | €1,326 | €1,375 | €2,632 | €1,804 | €693 | ▼ 61.6% |
| Profit (loss) for the period before taxes9903 | €24,740 | €29,981 | €23,512 | €24,822 | €26,012 | ▲ 4.8% |
| Income taxes67/77 | €9,504 | €10,432 | €5,008 | €12,566 | €9,782 | ▼ 22.2% |
| Profit (loss) for the period9904 | €15,236 | €19,549 | €18,504 | €12,256 | €16,230 | ▲ 32.4% |
| Transfer to tax-exempt reserves689 | - | - | €14,735 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €15,236 | €19,549 | €3,769 | €12,256 | €16,230 | ▲ 32.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €492,175 | €466,856 | €449,702 | €429,977 | €455,761 | ▲ 6.0% |
| Fixed assets21/28 | €479,396 | €460,567 | €441,739 | €422,911 | €406,122 | ▼ 4.0% |
| Tangible fixed assets22/27 | €479,396 | €460,567 | €441,739 | €422,911 | €406,122 | ▼ 4.0% |
| Land and buildings22 | €477,176 | €459,086 | €440,996 | €422,906 | €404,816 | ▼ 4.3% |
| Plant, machinery and equipment23 | €2,220 | €1,481 | €743 | €5 | €1,306 | ▲ 26,020% |
| Current assets29/58 | €12,779 | €6,289 | €7,963 | €7,066 | €49,639 | ▲ 603% |
| Amounts receivable within one year40/41 | - | - | €1,311 | - | €408 | - |
| Trade receivables40 | - | - | €1,311 | - | €408 | - |
| Cash at bank and in hand54/58 | €12,655 | €6,190 | €6,504 | €6,916 | €49,079 | ▲ 610% |
| Deferred charges and accrued income490/1 | €124 | €99 | €148 | €150 | €152 | ▲ 1.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €492,175 | €466,856 | €449,702 | €429,977 | €455,761 | ▲ 6.0% |
| Equity10/15 | €341,943 | €361,492 | €379,996 | €392,252 | €408,482 | ▲ 4.1% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Revaluation surpluses12 | €407,998 | €407,998 | €407,998 | €407,998 | €407,998 | = |
| Reserves13 | - | - | €14,735 | €14,735 | €14,735 | = |
| Tax-exempt reserves132 | - | - | €14,735 | €14,735 | €14,735 | = |
| Profit (loss) carried forward14 | -€86,055 | -€66,506 | -€62,737 | -€50,481 | -€34,251 | ▲ 32.2% |
| Amounts payable17/49 | €150,232 | €105,364 | €69,706 | €37,725 | €47,279 | ▲ 25.3% |
| Amounts payable after more than one year17 | €84,834 | €47,720 | €11,690 | €5,440 | €5,780 | ▲ 6.3% |
| Financial debts170/4 | €80,634 | €43,640 | €6,460 | - | - | - |
| Other amounts payable178/9 | €4,200 | €4,080 | €5,230 | €5,440 | €5,780 | ▲ 6.3% |
| Amounts payable within one year42/48 | €65,236 | €57,320 | €57,499 | €31,526 | €34,967 | ▲ 10.9% |
| Current portion of amounts payable after more than one year42 | €36,617 | €36,993 | €37,750 | €6,460 | - | - |
| Trade debts44 | €15 | €414 | €1,732 | €644 | €1,836 | ▲ 185% |
| Suppliers440/4 | €15 | €414 | €1,732 | €644 | €1,836 | ▲ 185% |
| Taxes, remuneration and social security45 | €15,604 | €11,913 | €1,517 | €1,353 | €11,131 | ▲ 723% |
| Taxes450/3 | €15,604 | €11,913 | €1,517 | €1,353 | €11,131 | ▲ 723% |
| Other amounts payable47/48 | €13,000 | €8,000 | €16,500 | €23,069 | €22,000 | ▼ 4.6% |
| Accrued charges and deferred income492/3 | €162 | €324 | €517 | €759 | €6,532 | ▲ 761% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,236 | €19,549 | €18,504 | €12,256 | €16,230 | ▲ 32.4% |
| + Depreciation and write-downs630 | €18,829 | €18,829 | €18,828 | €18,828 | €18,183 | ▼ 3.4% |
| Operating cash flow (approximation) | €34,065 | €38,378 | €37,332 | €31,084 | €34,413 | ▲ 10.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1,394 | - |
| Change in cash | - | -€6,465 | €314 | €412 | €42,163 | ▲ 10,134% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Liquidity times 6current ratio 1.42
Current ratio from 0.22 to 1.42.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €2,878 ▼90.2%
Net result drops to €2,878, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are 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, Elsene · 1 establishment unit since 2004
Ground area
527 m²
Building footprint
527 m²
Volume, LiDAR
8,249 m³
2 parcels, Brussels · tallest building 29.9 m, ±7 floors. Linked by address, not a title deed.
35
companies at this address
See who is registered here
1 establishment unit
YES CONCEPT
since 20042.145.896.158
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0402/00M000 | Brussels | 463 m² | 1 · 463 m² | 29.7 m · 6 fl. |
| 21812N0805/00B002 | Brussels | 64 m² | 1 · 64 m² | 29.9 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
49.9%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. 5,054 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
Founded23-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870775928
Registered
23-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.