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YIPP

Active
Private limited company (pre-2019)founded 200817 yrs activeParklaan 29, 1730 Asse, BelgiumKBO/BCE: BE 0807.276.065
Summary

YIPP has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €768k and a net result of €51k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days only on tighter terms
Liquidity ample (current ratio 32.11 against 45.51 in 2023; short-term debt: 2.9% and cash: 47.4% of total assets), and 2.9% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
97.1%
Return on assets
6.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-11-2025, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
105 d late
2023
68 d late
2022
168 d late
2021
31 d late
2020
31 d late
2019
105 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€768k▲ 7.1%
2023 · €717k
2018: €515k 2019: €460k▼ -10.6% vs 2018lowest in 7 years 2020: €500k▲ +8.8% vs 2019 2021: €565k▲ +12.9% vs 2020 2022: €644k▲ +14.1% vs 2021 2023: €717k▲ +11.3% vs 2022 2024: €768k▲ +7.1% vs 2023highest in 7 years
2018 → 2024
Total assets
€791k▲ 8.1%
2023 · €731k
2018: €551k 2019: €485k▼ -11.9% vs 2018lowest in 7 years 2020: €519k▲ +7.0% vs 2019 2021: €581k▲ +11.8% vs 2020 2022: €666k▲ +14.7% vs 2021 2023: €731k▲ +9.8% vs 2022 2024: €791k▲ +8.1% vs 2023highest in 7 years
2018 → 2024
Net result
€51k▼ 29.5%
2023 · €73k
2018: €39klowest in 7 years 2019: €44k▲ +14.7% vs 2018 2020: €40k▼ -9.0% vs 2019 2021: €65k▲ +60.3% vs 2020 2022: €79k▲ +23.0% vs 2021highest in 7 years 2023: €73k▼ -8.6% vs 2022 2024: €51k▼ -29.5% vs 2023
2018 → 2024
Working capital
€720k▲ 9.3%
2023 · €659k
2018: €504k 2019: €455k▼ -9.6% vs 2018lowest in 7 years 2020: €496k▲ +8.9% vs 2019 2021: €558k▲ +12.6% vs 2020 2022: €641k▲ +14.8% vs 2021 2023: €659k▲ +2.7% vs 2022 2024: €720k▲ +9.3% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€500k-€565k▲ 12.9%€644k▲ 14.1%€717k▲ 11.3%€768k▲ 7.1% 2020: €500klowest in 5 years 2021: €565k▲ +12.9% vs 2020 2022: €644k▲ +14.1% vs 2021 2023: €717k▲ +11.3% vs 2022 2024: €768k▲ +7.1% vs 2023highest in 5 years
Operating result€81k-€103k▲ 27.0%€80k▼ 22.3%€85k▲ 5.7%€71k▼ 15.8% 2020: €81k 2021: €103k▲ +27.0% vs 2020highest in 5 years 2022: €80k▼ -22.3% vs 2021 2023: €85k▲ +5.7% vs 2022 2024: €71k▼ -15.8% vs 2023lowest in 5 years
Net result€40k-€65k▲ 60.3%€79k▲ 23.0%€73k▼ 8.6%€51k▼ 29.5% 2020: €40klowest in 5 years 2021: €65k▲ +60.3% vs 2020 2022: €79k▲ +23.0% vs 2021highest in 5 years 2023: €73k▼ -8.6% vs 2022 2024: €51k▼ -29.5% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €81k€81kNet result 2020: €40k€40kOperating result 2021: €103k€103kNet result 2021: €65k€65kOperating result 2022: €80k€80kNet result 2022: €79k€79kOperating result 2023: €85k€85kNet result 2023: €73k€73kOperating result 2024: €71k€71kNet result 2024: €51k€51k20202021202220232024€0€25k€50k€75kOperating result 2022: €80k€80kNet result 2022: €79k€79kOperating result 2023: €85k€85kNet result 2023: €73k€73kOperating result 2024: €71k€71kNet result 2024: €51k€51k202220232024
The operating result falls in 2024; 2024 is 16% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €791k
Fixed assets €48k ▼ 17.0%
Current assets €743k ▲ 10.3%
Equity and liabilities €791k
Equity €768k ▲ 7.1%
Debt €23k ▲ 56.3%
Debt's share of the balance-sheet total rises from 2.0% to 2.9%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€85k▼
2023 · €96k
Cash flow
€65k▼
2023 · €84k
Current ratio
32.11▼
2023 · 45.51
Debt to equity
0.03▲
2023 · 0.02
ROE
6.7%▼
2023 · 10.1%
ROA
6.5%▼
2023 · 9.9%
Interest coverage
229.07▲
2023 · 114.10
Debt ≤ 1 year
€23k▲
2023 · €15k
Income taxes
€26k▲
2023 · €12k
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 · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€731k€791k▲
Fixed assets21/28€58k€48k▼
Tangible fixed assets22/27€58k€48k▼
Plant, machinery and equipment23€1k€746▼
Furniture and vehicles24€57k€48k▼
Current assets29/58€673k€743k▲
Amounts receivable within one year40/41€161k€90k▼
Trade receivables40€83k€45k▼
Other amounts receivable41€78k€45k▼
Current investments50/53€277k€277k=
Cash at bank and in hand54/58€234k€375k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€731k€791k▲
Equity10/15€717k€768k▲
Contributions10/11€6k€6k=
Reserves13€462k€508k▲
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Distributable reserves133€450k€496k▲
Profit (loss) carried forward14€249k€254k▲
Amounts payable17/49€15k€23k▲
Amounts payable within one year42/48€15k€23k▲
Trade debts44€11k€20k▲
Suppliers440/4€11k€20k▲
Taxes, remuneration and social security45€4k€4k=
Taxes450/3€4k€4k=
Income statement Code20232024
Non-recurring operating income76A€18k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€14k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€99k€85k▼
Operating profit (loss)9901€85k€71k▼
Financial income75/76B€155€6k▲
Recurring financial income75€155€6k▲
Financial charges65/66B€845€371▼
Recurring financial charges65€845€371▼
Profit (loss) for the period before taxes9903€84k€77k▼
Income taxes67/77€12k€26k▲
Profit (loss) for the period9904€73k€51k▼
Profit (loss) for the period to be appropriated9905€73k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€321k€300k▼
Profit (loss) brought forward from the previous period14P€248k€249k▲
Transfer to equity691/2€72k€46k▼
To other reserves6921€72k€46k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Non-recurring operating income76A---€18k€2k▼ 88.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€4k€3k€12k€14k▲ 17.0%
Non-recurring operating charges66A---€2k--
Gross operating margin9900€95k€107k€83k€99k€85k▼ 13.8%
Operating profit (loss)9901€81k€103k€80k€85k€71k▼ 15.8%
Financial income75/76B-€1-€155€6k▲ 3,655%
Recurring financial income75€14€1-€155€6k▲ 3,655%
Financial charges65/66B-€249€536€845€371▼ 56.1%
Recurring financial charges65€777€249€536€845€371▼ 56.1%
Profit (loss) for the period before taxes9903€80k€103k€80k€84k€77k▼ 8.7%
Income taxes67/77€40k€38k€299€12k€26k▲ 122%
Profit (loss) for the period9904€40k€65k€79k€73k€51k▼ 29.5%
Profit (loss) for the period to be appropriated9905€40k€65k€79k€73k€51k▼ 29.5%
Line20202021202220232024Change
Assets
Total assets20/58€519k€581k€666k€731k€791k▲ 8.1%
Fixed assets21/28€10k€6k€3k€58k€48k▼ 17.0%
Tangible fixed assets22/27€10k€6k€3k€58k€48k▼ 17.0%
Plant, machinery and equipment23-€3k€2k€1k€746▼ 50.0%
Furniture and vehicles24-€3k€938€57k€48k▼ 16.2%
Current assets29/58€509k€574k€663k€673k€743k▲ 10.3%
Amounts receivable within one year40/41€116k€128k€138k€161k€90k▼ 44.3%
Trade receivables40-€53k€90k€83k€45k▼ 46.4%
Other amounts receivable41-€76k€48k€78k€45k▼ 42.2%
Current investments50/53€277k€277k€277k€277k€277k=
Cash at bank and in hand54/58€115k€167k€246k€234k€375k▲ 59.9%
Deferred charges and accrued income490/1-€2k€3k€1k€2k▲ 27.2%
Equity and liabilities
Total equity and liabilities10/49€519k€581k€666k€731k€791k▲ 8.1%
Equity10/15€500k€565k€644k€717k€768k▲ 7.1%
Contributions10/11-€6k€6k€6k€6k=
Reserves13€263k€318k€390k€462k€508k▲ 10.0%
Non-distributable reserves130/1-€12k€12k€12k€12k=
Reserves not available under the articles1311-€12k€12k€12k€12k=
Distributable reserves133-€306k€378k€450k€496k▲ 10.2%
Profit (loss) carried forward14€231k€241k€248k€249k€254k▲ 2.1%
Amounts payable17/49€19k€16k€22k€15k€23k▲ 56.3%
Amounts payable after more than one year17€6k-----
Amounts payable within one year42/48€14k€16k€22k€15k€23k▲ 56.3%
Trade debts44€12k€16k€20k€11k€20k▲ 74.5%
Suppliers440/4-€16k€20k€11k€20k▲ 74.5%
Taxes, remuneration and social security45--€2k€4k€4k=
Taxes450/3--€2k€4k€4k=
Line20202021202220232024Change
Profit (loss) for the period9904€40k€65k€79k€73k€51k▼ 29.5%
+ Depreciation and write-downs630€13k€4k€3k€12k€14k▲ 17.0%
Operating cash flow (approximation)€53k€68k€82k€84k€65k▼ 23.1%
Investment in fixed assets (approximation)-€0€0€-67k€-4k▲ 94.4%
Change in cash-€52k€78k€-11k€140k▲ 1,324%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
13-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 105 days late
2024
07-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
15-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 168 days late
2022
31-12
Financial Highest result since 2018net €79k ▲23%
Net result €79k, the highest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Equity above €500kEq €500k ▲8.8%
3 profitable years in a row build equity to €500k.
13-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
03-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 429 days late
30-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Asse · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
915 m²
Building footprint
119 m²
Volume, LiDAR
878 m³
Parcel 23322E0019/00X000, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
YIPP
Parklaan 29, 1730 AsseGeneral electrical installation work
since 20082.174.109.597
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23322E0019/00X000 Flanders 915 m² 1 · 119 m² 9.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 9,918 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 (pre-2019)
Founded22-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management

Scores and ratios are computed by Checked and are not a credit decision.