YGREC
ActiveYGREC has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €-367. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 89% of 3620 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▲+8
Solvency100▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.68 against 3.36 in 2024; short-term debt: 18.5% and cash: 8% of total assets), and 24.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.4%
Return on assets
-0.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
14 d late
2023
25 d early
2022
17 d late
2021
25 d late
2020
1 d early
2019
11 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€50k▼ 0.7%
2024 · €50k
2018: €17k
2019: €19k
2020: €46k
2021: €47k
2022: €52k
2023: €53k
2024: €50k
2018 → 2025
Total assets
€66k▼ 10.5%
2024 · €73k
2018: €40k
2019: €31k
2020: €60k
2021: €57k
2022: €60k
2023: €84k
2024: €73k
2018 → 2025
Net result
€-367▲ 88.7%
2024 · €-3k
2018: €-8k
2019: €3k
2020: €27k
2021: €904
2022: €5k
2023: €1k
2024: €-3k
2018 → 2025
Working capital
€33k▼ 5.7%
2024 · €35k
2018: €16k
2019: €18k
2020: €43k
2021: €43k
2022: €49k
2023: €39k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€52k▲ 10.4%€53k▲ 2.8%€50k▼ 6.1%€50k▼ 0.7%
Operating result€-8k-€5k€-33k€-1k▲ 96.3%€6k
Net result€904-€5k▲ 438%€1k▼ 69.9%€-3k€-367▲ 88.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €1k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€21k▼ 13.5%
Current assets
€45k▼ 9.0%
Equity and liabilities €66k
Equity
€50k▼ 0.7%
Debt
€16k▼ 31.2%
The debt ratio falls from 32.0% to 24.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €2k
Cash flow
€3k▲
2024 · €99
Solvency
75.4%▲
2024 · 68.0%
Current ratio
3.68▲
2024 · 3.36
Quick ratio
3.34▲
2024 · 3.11
Debt / equity
0.33▼
2024 · 0.47
ROE
-0.7%▲
2024 · -6.5%
ROA
-0.6%▲
2024 · -4.4%
Interest coverage
1.48▲
2024 · 1.05
Debt
€16k▼
2024 · €24k
Debt ≤ 1 year
€12k▼
2024 · €15k
Debt > 1 year
€4k▼
2024 · €9k
Income taxes
€164
Staff costs
€77k▲
2024 · €77k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€73k€66k▼
Fixed assets21/28€24k€21k▼
Tangible fixed assets22/27€24k€20k▼
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€1k€378▼
Leasing and similar rights25€16k€14k▼
Financial fixed assets28€635€635=
Current assets29/58€49k€45k▼
Stocks and contracts in progress3€4k€4k▲
Stocks30/36€4k€4k▲
Amounts receivable within one year40/41€36k€35k▼
Other amounts receivable41€36k€35k▼
Cash at bank and in hand54/58€10k€5k▼
Equity and liabilities
Total equity and liabilities10/49€73k€66k▼
Equity10/15€50k€50k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€31k€31k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€29k€29k▼
Amounts payable17/49€24k€16k▼
Amounts payable after more than one year17€9k€4k▼
Financial debts170/4€9k€4k▼
Amounts payable within one year42/48€15k€12k▼
Current portion of amounts payable after more than one year42€4k€5k▲
Financial debts43€2k€383▼
Credit institutions430/8€2k€383▼
Trade debts44€4k€617▼
Suppliers440/4€4k€617▼
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€77k€77k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€782-
Gross operating margin9900€79k€86k▲
Operating profit (loss)9901€-1k€6k▲
Financial income75/76B-€46
Recurring financial income75-€46
Non-recurring financial income76B-€46
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€-3k€-202▲
Income taxes67/77-€164
Profit (loss) for the period9904€-3k€-367▲
Profit (loss) for the period to be appropriated9905€-3k€-367▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-367▲
Transfer from equity791/2€3k€367▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €27k ▲871%
Net result €27k, the highest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Linkebeek · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Alsembergsesteenweg 41630 LinkebeekGround area
133 m²
Building footprint
132 m²
Volume, LiDAR
757 m³
Parcel 22003A0059/00S000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Au Coeur Bleu
since 19952.073.949.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22003A0059/00S000 | Flanders | 133 m² | 1 · 132 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLinkebeek2.073.949.476
Similar companies · same sector, comparable size
Bouchée
BE 1005.131.123
Duffel · Eq €50k
Miraneau
BE 0861.283.190
Beerse · Eq €50k
ALKAN INVEST
BE 0769.619.180
Turnhout · Eq €50k
TRATTORIA SAN DANIELE
BE 0459.252.834
Liège · Eq €50k
BISTRO COCINA
BE 0690.987.418
Elsene · Eq €50k
Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 9,819 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-10-1995
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.