YKON
ActiveYKON has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €47. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-90
Solvency0=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.49 in 2024), and 99.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.2%
Return on assets
0%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 13905 sector peers (2025).
NBB · sector comparisonPosition among 13905 sector peers
Solvency
better than 20%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
192122232425
2019 to 2025 · latest year €2k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 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 · 6 filingsDeviation from the deadline
2025
26 d late
2024
28 d late
2023
27 d early
2022
40 d early
2021
51 d early
2019
175 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▲ 2.1%
2024 · €2k
2019: €17k
2021: €24k
2022: €24k
2023: €441
2024: €2k
2019 → 2025
Total assets
€958k▼ 19.2%
2024 · €1.19M
2019: €17k
2021: €201k
2022: €952k
2023: €1.04M
2024: €1.19M
2019 → 2025
Net result
€47▼ 97.4%
2024 · €2k
2019: €-2k
2021: €7k
2022: €354
2023: €-24k
2024: €2k
2019 → 2025
Working capital
€-699k▼ 528%
2024 · €-111k
2021: €-7k
2022: €-191k
2023: €-34k
2024: €-111k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€24k▲ 1.5%€441▼ 98.2%€2k▲ 419%€2k▲ 2.1%
Operating result€8k-€6k▼ 25.4%€3k▼ 44.2%€5k▲ 54.0%€25k▲ 391%
Net result€7k-€354▼ 94.8%€-24k€2k€47▼ 97.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 391% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €958k
Fixed assets
€863k▼ 20.1%
Current assets
€95k▼ 9.5%
Equity and liabilities €958k
Equity
€2k▲ 2.1%
Debt
€956k▼ 19.2%
The debt ratio falls from 99.8% to 99.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€44k▲
2024 · €11k
Cash flow
€19k▲
2024 · €8k
Solvency
0.2%▲
2024 · 0.2%
Current ratio
0.12▼
2024 · 0.49
Quick ratio
0.12▼
2024 · 0.49
ROE
2.0%▼
2024 · 80.7%
ROA
0.0%▼
2024 · 0.2%
Interest coverage
1.74▼
2024 · 233.96
Debt
€956k▼
2024 · €1.18M
Debt ≤ 1 year
€794k▲
2024 · €216k
Debt > 1 year
€162k▼
2024 · €967k
Income taxes
€28▼
2024 · €5k
A ratio outside any meaningful range has been withheld (balance sheet total €958k, equity €2k).
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€1.19M€958k▼
Fixed assets21/28€1.08M€863k▼
Tangible fixed assets22/27€1.08M€863k▼
Land and buildings22€1.08M€863k▼
Plant, machinery and equipment23€1k€193▼
Furniture and vehicles24€700-
Current assets29/58€105k€95k▼
Amounts receivable within one year40/41€102k€91k▼
Trade receivables40€33k€37k▲
Other amounts receivable41€69k€54k▼
Cash at bank and in hand54/58€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.19M€958k▼
Equity10/15€2k€2k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Profit (loss) carried forward14€-16k€-16k▲
Amounts payable17/49€1.18M€956k▼
Amounts payable after more than one year17€967k€162k▼
Financial debts170/4€967k€162k▼
Amounts payable within one year42/48€216k€794k▲
Trade debts44€7k€7k▼
Suppliers440/4€7k€7k▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€210k€785k▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€19k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€14k€47k▲
Operating profit (loss)9901€5k€25k▲
Financial income75/76B€2k€89▼
Recurring financial income75€769€89▼
Non-recurring financial income76B€850-
Financial charges65/66B€47€26k▲
Recurring financial charges65€47€26k▲
Profit (loss) for the period before taxes9903€7k€75▼
Income taxes67/77€5k€28▼
Profit (loss) for the period9904€2k€47▼
Profit (loss) for the period to be appropriated9905€2k€47▼
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-16k▲
Profit (loss) brought forward from the previous period14P€-18k€-16k▲
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
11-09
State Gazette act
Board meeting · Registered-office moveBoard meeting · Registered-office move2 facts ▸
State Gazette act
Board meeting · Registered-office move
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2026-09-01
- Registered-office move, Maenhoutstraat 70, 9830 Sint-Martens-Latem
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet €-24k ▼6789%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
11-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2019
07-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2018
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.
Maenhoutstraat 709830 Sint-Martens-LatemGround area
564 m²
Building footprint
119 m²
Volume, LiDAR
864 m³
2 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ykon
since 20182.280.650.340
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0276/00B002 | Flanders | 552 m² | 1 · 119 m² | 10.8 m · 2 fl. |
| 44064B0276/00C002 | Flanders | 12 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,287 companies in sector 68122 we hold annual accounts for 897. 127 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2018
Fiscal year end30-06
Activities, NACEBEL
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.