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YK

Open bankruptcy
Private limited company (pre-2019)founded 2017Koningin Fabiolalaan 62, 9060 Zelzate, BelgiumKBO/BCE: BE 0681.901.882

A bankruptcy procedure is open for YK according to publications in the Belgian State Gazette; curator: HILDE DE BOEVER.

Summary

The file additionally contains 1 interim measure. The 2024 annual accounts show negative equity (€-1k) and a net result of €-11k.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
2 December 2025
Supervising judge
Ann De Causmaecker
Official Gazette
08-12-2025 (pdf) ↗search the document for 2025/150600

Curator

  • Hilde De BoeverBrusselsesteenweg 346 C Bus 1, 9090 Merelbeke-Mellehdeboever@advocura.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 03-02-2025, 3 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 · 5 filings
Deviation from the deadline
2025
not filed
2024
3 d late
2023
on the day
2022
64 d early
2020
1 d late
2019
10 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

History

YK was incorporated on 29 September 2017.1 Total assets rose from EUR 3,343 in 2019 to EUR 10,013 in 2024.2 On 2 December 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024
  3. 3Belgian State Gazette, 08-12-2025

Go further with this company

Financials · fiscal year 2024, micro schema

Turnover
€36k▼ 64.5%
2019 · €100k
EBIT margin
1.5%▲ 1.1pp
2019 · 0.4%
Net result
€-11k
2023 · €18k
Working capital
€-3k
2023 · €9k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202220232024
Turnover€100k-€36k▼ 64.5%
Operating result€370-€539▲ 45.4%€-8k-€26k€-10k
Net result€317-€413▲ 30.1%€-8k-€18k€-11k
EBIT margin0.4%-1.5%▲ 1.1pp
Equity€318-€731▲ 130%€-8k-€10k€-1k
Total assets€3k-€4k▲ 7.3%€3k-€30k▲ 777%€10k▼ 66.2%
Debt€3k-€3k▼ 5.6%€11k-€20k▲ 71.9%€11k▼ 42.4%
Working capital€3k-€3k▲ 3.0%€-9k-€9k€-3k
Staff (FTE)0.5-0.3▼ 40.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20k€30kOperating result 2019: €370€370Net result 2019: €317€317Operating result 2020: €539€539Net result 2020: €413€413Operating result 2022: €-8k€-8kNet result 2022: €-8k€-8kOperating result 2023: €26k€26kNet result 2023: €18k€18kOperating result 2024: €-10k€-10kNet result 2024: €-11k€-11k20192020202220232024€-20k€-10k€0€10k€20k€30kOperating result 2022: €-8k€-7.7kNet result 2022: €-8k€-8kOperating result 2023: €26k€26kNet result 2023: €18k€18kOperating result 2024: €-10k€-10kNet result 2024: €-11k€-11k202220232024
The operating result turns negative in 2024: a loss of €10k after €26k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10k
Fixed assets €2k ▼ 24.5%
Current assets €8k ▼ 70.0%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-10k▼
2023 · €27k
Cash flow
€-11k▼
2023 · €18k
Solvency
-12.5%▼
2023 · 34.0%
Current ratio
0.72▼
2023 · 1.49
Debt to equity
-9.00▼
2023 · 1.94
ROA
-113.2%▼
2023 · 61.0%
Interest coverage
-8.55▼
2023 · 63.38
Debt ≤ 1 year
€11k▼
2023 · €18k
Income taxes
€91▼
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€30k€10k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€27k€8k▼
Amounts receivable within one year40/41€17k€8k▼
Trade receivables40€15k€7k▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€10k€43▼
Equity and liabilities
Total equity and liabilities10/49€30k€10k▼
Equity10/15€10k€-1k▼
Contributions10/11€1€1=
Profit (loss) carried forward14€10k€-1k▼
Amounts payable17/49€20k€11k▼
Amounts payable within one year42/48€18k€11k▼
Trade debts44€8k€2k▼
Suppliers440/4€8k€2k▼
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€8k€8k▲
Other amounts payable47/48€2k€2k▼
Accrued charges and deferred income492/3€1k-
Income statement Code20232024
Remuneration, social security and pensions62€10k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€326€607▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€39k€-8k▼
Operating profit (loss)9901€26k€-10k▼
Financial income75/76B€212€120▼
Recurring financial income75€212€120▼
Financial charges65/66B€422€1k▲
Recurring financial charges65€422€1k▲
Profit (loss) for the period before taxes9903€26k€-11k▼
Income taxes67/77€8k€91▼
Profit (loss) for the period9904€18k€-11k▼
Profit (loss) for the period to be appropriated9905€18k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-1k▼
Profit (loss) brought forward from the previous period14P€-8k€10k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202220232024Change
Turnover70€100k€36k----
Remuneration, social security and pensions62--€19k€10k--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-€22€326€607▲ 86.0%
Other operating charges640/8--€185€2k€2k▼ 13.8%
Gross operating margin9900€2k€1k€11k€39k€-8k▼ 120%
Operating profit (loss)9901€370€539€-8k€26k€-10k▼ 139%
Financial income75/76B---€212€120▼ 43.7%
Recurring financial income75---€212€120▼ 43.7%
Financial charges65/66B--€45€422€1k▲ 167%
Recurring financial charges65€53€126€45€422€1k▲ 167%
Profit (loss) for the period before taxes9903€317€413€-8k€26k€-11k▼ 143%
Income taxes67/77--€309€8k€91▼ 98.9%
Profit (loss) for the period9904€317€413€-8k€18k€-11k▼ 163%
Profit (loss) for the period to be appropriated9905€317€413€-8k€18k€-11k▼ 163%
Line20192020202220232024Change
Assets
Total assets20/58€3k€4k€3k€30k€10k▼ 66.2%
Fixed assets21/28--€805€2k€2k▼ 24.5%
Tangible fixed assets22/27--€805€2k€2k▼ 24.5%
Furniture and vehicles24--€805€2k€2k▼ 24.5%
Current assets29/58€3k€4k€3k€27k€8k▼ 70.0%
Amounts receivable within one year40/41€3k€4k€2k€17k€8k▼ 51.9%
Trade receivables40--€2k€15k€7k▼ 53.5%
Other amounts receivable41--€363€2k€1k▼ 38.1%
Cash at bank and in hand54/58€184€18€164€10k€43▼ 99.6%
Deferred charges and accrued income490/1--€550---
Equity and liabilities
Total equity and liabilities10/49€3k€4k€3k€30k€10k▼ 66.2%
Equity10/15€318€731€-8k€10k€-1k▼ 112%
Contributions10/11€1-€1€1€1=
Profit (loss) carried forward14€317€730€-8k€10k€-1k▼ 112%
Amounts payable17/49€3k€3k€11k€20k€11k▼ 42.4%
Amounts payable within one year42/48€205€355€11k€18k€11k▼ 38.3%
Trade debts44€156€124€11k€8k€2k▼ 79.2%
Suppliers440/4--€11k€8k€2k▼ 79.2%
Taxes, remuneration and social security45--€548€8k€8k▲ 1.2%
Taxes450/3---€8k€8k▲ 1.2%
Remuneration and social security454/9--€548---
Other amounts payable47/48--€120€2k€2k▼ 21.7%
Accrued charges and deferred income492/3---€1k--
Line20192020202220232024Change
Profit (loss) for the period9904€317€413€-8k€18k€-11k▼ 163%
+ Depreciation and write-downs630€1k-€22€326€607▲ 86.0%
Operating cash flow (approximation)€1k€413€-8k€18k€-11k▼ 158%
Investment in fixed assets (approximation)---€-2k€0▲ 100%
Change in cash-€-165-€10k€-10k▼ 201%

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
08-12
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 02-12-2025
17-10
Interim measure Provisional administrator
Ondernemingsrechtbank Gent
03-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Back to profitnet €18k
Net result €18k after one loss-making year.
30-06
Financial Liquidity times 7current ratio 1.49
Current ratio from 0.23 to 1.49.
2022
28-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
01-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
10-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
SignalFinancial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Zelzate · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
231 m²
Building footprint
101 m²
Volume, LiDAR
403 m³
Parcel 43018A0398/00F002, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
YK
Koningin Fabiolalaan 62, 9060 ZelzateManufacture of metal structures and parts of structures
since 20172.268.496.834
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43018A0398/00F002 Flanders 231 m² 1 · 101 m² 10.6 m · 1 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator HILDE DE BOEVER
BRUSSELSESTEENWEG 346 C BUS 1, 9090 MERELBEKE-MELLE
02-12-2025 → present

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 768 EUR awarded · 768 EUR paid
Year Entries awardedpaid
2023 1 768 EUR768 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 768 EUR · 768 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 9,326 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)
Founded29-09-2017
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings

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