YIGIT EN YAGIZ
InactiveYIGIT EN YAGIZ was declared bankrupt on 16-10-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 22-12-2025, published in the Belgian State Gazette on 29-12-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 23-06-2023, 38 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
38 d early
2021
109 d late
2020
123 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€108k▲ 28.8%
2021 · €84k
2020: €67k
2021: €84k
2020 → 2022
Total assets
€301k▲ 26.3%
2021 · €239k
2020: €138k
2021: €239k
2020 → 2022
Net result
€24k▼ 23.3%
2021 · €31k
2020: €58k
2021: €31k
2020 → 2022
Working capital
€89k▲ 54.7%
2021 · €57k
2020: €48k
2021: €57k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€67k-€84k▲ 24.5%€108k▲ 28.8%
Operating result€72k-€40k▼ 45.3%€37k▼ 7.4%
Net result€58k-€31k▼ 45.9%€24k▼ 23.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2022 is 7% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €301k
Fixed assets
€24k ▼ 39.2%
Current assets
€277k ▲ 39.4%
Equity and liabilities €301k
Equity
€108k ▲ 28.8%
Debt
€194k ▲ 24.9%
Debt's share of the balance-sheet total falls from 64.9% to 64.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47k▼
2021 · €55k
Cash flow
€35k▼
2021 · €47k
Current ratio
1.47▲
2021 · 1.40
Quick ratio
1.46▲
2021 · 1.39
Debt to equity
1.80▼
2021 · 1.85
ROE
22.4%▼
2021 · 37.6%
ROA
8.0%▼
2021 · 13.2%
Interest coverage
19.93▲
2021 · 10.68
Debt ≤ 1 year
€189k▲
2021 · €142k
Debt > 1 year
€5k▼
2021 · €13k
Income taxes
€10k▲
2021 · €3k
Staff costs
€121▼
2021 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 49 lines
Balance sheet
Code20212022
Assets
Total assets20/58€239k€301k▲
Fixed assets21/28€40k€24k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€34k€20k▼
Plant, machinery and equipment23€28k€19k▼
Furniture and vehicles24€6k€1k▼
Financial fixed assets28€3k€2k▼
Current assets29/58€199k€277k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€196k€271k▲
Trade receivables40€33k€59k▲
Other amounts receivable41€164k€212k▲
Cash at bank and in hand54/58€752€4k▲
Deferred charges and accrued income490/1€265€608▲
Equity and liabilities
Total equity and liabilities10/49€239k€301k▲
Equity10/15€84k€108k▲
Contributions10/11€9k€9k=
Reserves13€75k€99k▲
Distributable reserves133€75k€99k▲
Amounts payable17/49€155k€194k▲
Amounts payable after more than one year17€13k€5k▼
Financial debts170/4€13k€5k▼
Amounts payable within one year42/48€142k€189k▲
Current portion of amounts payable after more than one year42€9k€8k▼
Trade debts44€101k€143k▲
Suppliers440/4€101k€143k▲
Taxes, remuneration and social security45€17k€35k▲
Taxes450/3€17k€35k▲
Other amounts payable47/48€15k€2k▼
Income statement
Code20212022
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€7k€121▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€11k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€66k€50k▼
Operating profit (loss)9901€40k€37k▼
Financial income75/76B€56€26▼
Recurring financial income75€56€26▼
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€34k€34k▼
Income taxes67/77€3k€10k▲
Profit (loss) for the period9904€31k€24k▼
Profit (loss) for the period to be appropriated9905€31k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€24k▼
Transfer to equity691/2€16k€24k▲
To other reserves6921€16k€24k▲
Profit to be distributed694/7€15k-
Directors or managers695€15k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · YIGIT EN YAGIZ BV KOLVENIERSVEST 41, 2500 LIER · event 22-12-2025
2023
20-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · YIGIT EN YAGIZ BV KOLVEN- IERSVEST 41, 2500 LIER · event 16-10-2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €24k ▼23.3%
Net result drops to €24k, the lowest in the series.
31-12
Financial
Equity above €100kEq €108k ▲28.8%
3 profitable years in a row build equity to €108k.
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 109 days late
2021
01-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 123 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOON BRAWERS ZOMERSTRAAT 16, 2590 BERLAAR- |
16-10-2023 → 22-12-2025 |