Overdue debts
€2,120 on 31-12-2024
The annual accounts state €2,120 of overdue tax debts on 31-12-2024.
YFA
Lifetime
6 annual accounts with figures on one time axispeak €97,052 (2019)
€31,699▲ 75.4%
peak €80,897 (2019)
€16,866▲ 508%
peak €145,661 (2024)
€145,661▲ 13.1%
€201,428▲ 36.7%
Board1 name since 2018
1 director
Documentsfilings and deeds
22-10-202583 days late
2024micro format
Gross margin from €18,075 to €31,699Result from €2,772 to €16,866Equity from €128,795 to €145,661Debts from €147,358 to €201,428Investments €10,161Cash from €5,544 to €1,899
Key points
from the 2024 annual accountsEquity
€145,661 ▲ 13.1%
YFA has made a profit in every financial year since 2019.
Turnover
≈ €170,000 estimated
The micro format states no turnover.
Debts
€201,428 ▲ 36.7%
Debts rose by €54,069 in 2024.
Investments
€10,161 4.0 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as YFA has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,047 companies, not a prediction for YFA. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Manager
- 95 sharesdeed of 24-04-2019
- 5 sharesdeed of 24-04-2019
- 5 sharesdeed of 24-04-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0707662609
Transfer of 5 shares from to
holds 95 shares · holds 5 shares · holds 90 shares · General meeting of 11-04-2019 · Gazette deed
Transfer of 5 shares from to
holds 95 shares · holds 5 shares · Partner: (associé actif) · General meeting of 20-02-2019 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Appointment: (manager) · published on 04-10-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| YFA Brussels | €347,089 | €31,699 | 42.0% | - |
| MJ PROJECTS Deinze | €336,247 | €37,830 | 11.8% | - |
| DASI IMMO Braine-le-Château | €258,139 | €46,150 | 76.5% | - |
| TDS Isolatie Ghent | €266,668 | €48,136 | 21.5% | - |
| S.S.F&AVANTAJ Kortenaken | €260,657 | €48,104 | 76.8% | - |
| SKOROWSKI ECO Schaerbeek | €315,475 | €51,049 | 53.7% | - |
| MA PLACO Molenbeek-Saint-Jean | €689,984 | €31,220 | 8.5% | - |
These companies have the same main activity as YFA: insulation installation (NACE 43230). They are comparable in size and age: total assets between €258,000 and €690,000, founded between 2014 and 2019.
Official details
Source: KBO- Status
- Active since 02-10-2018Normal situation
- Activity
- Insulation installationNACE 43230and 4 others
- Establishment unit
- 2.280.353.8951020 Brussels, since 02-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Insights on YFA
YFA files the micro format. That format states no turnover. The gross margin fell from €97,052 in 2019 to €31,699 in 2024.
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 YFA
- What is the company number of YFA?
- The company number of YFA is 0707.662.609. The VAT number is the same number with BE in front: BE 0707.662.609.
- Where is YFA based?
- The registered office is at Jan Palfynlaan 88, 1020 Brussels.Company details
- What does YFA do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of YFA?
- YFA is a private limited company (pre-2019) (BVBA).
- When was YFA founded?
- YFA was founded on 02-10-2018.
- Is YFA still active?
- Yes, YFA is an active enterprise in the KBO register.
- What is the turnover of YFA?
- The turnover in financial year 2024 is ≈ €170,000. This figure is estimated from the gross margin of €31,699 and 119 comparable companies (NACE 432). It probably lies between €110,000 and €230,000. In financial year 2022 turnover was €153,657.Financials
- Is YFA profitable?
- In financial year 2024, YFA made a profit of €16,866.
- Where can I find the annual accounts of YFA?
- YFA filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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