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YKP Construct

Active Private limited companyfounded 2024active for 2 yearsBloemendallaan 136, 1853 GrimbergenKBO/BCE: BE 1014.335.631

Overview

Lifetime

1 annual account with figures
peak €46,049 (2025)
€46,049 
peak €35,246 (2025)
€35,246 
peak €35,246 (2025)
€35,246 
€9,954 
Board1 name since 2024
1 directorCOSKUN Erol
Documentsfilings and deeds
28-08-202628 days late
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Position in the sector

78.0%

Higher solvency than 87% of companies in civil engineering. Sector median 45.0% · 1,263 companies.

2025 accounts filed 28 days after the deadline

Checked score

55
Fair
Financially stronger than 74% of micro companies in civil engineering (NACE 42)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 10-2025: 1.8%lowest value 11-2025: 1.8%● unchanged vs 10-2025lowest value 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 2.2%▲ +0.4 percentage points vs 12-2025 02-2026: 2.3%▲ +0.1 percentage points vs 01-2026 03-2026: 2.5%▲ +0.2 percentage points vs 02-2026 04-2026: 2.5%● unchanged vs 03-2026 05-2026: 2.8%▲ +0.3 percentage points vs 04-2026 06-2026: 2.9%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 2.7%▼ -0.2 percentage points vs 06-2026 08-2026: 2.8%▲ +0.1 percentage points vs 07-2026 09-2026: 2.3%▼ -0.5 percentage points vs 08-2026 10-2026: 2.3%● unchanged vs 09-2026 11-2026: 2.3%● unchanged vs 10-2026

Financial strength
Strong

100equity 78.0% of total assets
45short-term debt 22.0% · cash 1.8%
100return on assets 78.0%

Score breakdown

raises risk
Founded in 2024
Size: total assets €45,200
Liquidity: current ratio 4.37, cash €793
lowers risk
Equity €35,246 (78.0% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro). It does better than 92% of them on solvency, 39% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as YKP Construct has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of YKP Construct itself is higher: 2.3% within 12 months. It rests on far more data about YKP Construct than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for YKP Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.37, above the usual 1.5. Short-term debt is 22% and cash 1.8% of total assets. 22% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €45,200
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 4.37, cash €793
NBB · annual accounts
lowers risk · Equity €35,246 (78.0% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
28 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

CE
Director, since 30-09-2024
  • COSKUN Erol 100 sharesdeed of 02-10-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1014335631
Incorporation Founding capital of €3,000, 100 shares · Founder: COSKUN Erol · Appointment: COSKUN Erol (director) · published on 02-10-2024 · Gazette deed
First establishment Bloemendallaan 136, Grimbergen
All 4 events

Comparable companies

same main activity, similar in size and age
Company
YKP Construct Grimbergen €45,200 €46,049 78.0% -
Ancia@Service Gavere €50,948 €49,938 59.7% -
Staalkracht Ghent €38,533 €35,751 57.6% -
QA Group Dendermonde €38,149 €34,691 57.5% -
COY CONSTRUCT Asse €38,894 €69,467 63.6% -
VERLIC T Tielt-Winge €81,708 €58,618 51.9% -
Sneyders grond- en wegenwerken Beerse €73,518 €62,128 53.7% -

These companies have the same main activity as YKP Construct: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €38,100 and €81,700, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 30-09-2024Normal situation
Activity
Construction of roads and motorwaysNACE 42110
Establishment unit
2.364.237.0221853 Grimbergen, since 30-09-2024
Financial year end
31 December
Peppol
Reachable since 20-11-2025
Company details

Annual accounts 2025

€46,049
€35,246
€35,246
€45,200
Filing
Filed on 28-08-2026
Financials

Insights on YKP Construct

The computed 12-month bankruptcy probability of YKP Construct is 2.3% (moderate). The 2025 annual accounts show equity of €35,246 and a net result of €35,246.

Its solvency ranks better than 87% of 1,263 sector peers (NACE 42, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 28-08-2026, 28 days late
€46,049
€43,973
€35,246
€33,554
78.0%
4.37

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €190,000. Estimated: probably between €110,000 and €330,000.

Balance sheet

balance sheet total €45,200 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

78.0%

Higher than 87% of 1,263 companies in 2025.

4.37

Higher than 86% of 1,222 companies in 2025.

78.0%

Higher than 95% of 1,227 companies in 2025.

YKP Construct Middle half of the sector 80% of the sector Micro accounts in civil engineering (NACE 42)

Net result: top quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 45,200
21/28 1,692
22/27 1,692
24 1,692
29/58 43,508
40/41 42,649
40 22,820
41 19,829
54/58 793
490/1 65
Balance sheet: equity and liabilities
10/49 45,200
10/15 35,246
14 35,246
17/49 9,954
42/48 9,954
44 814
440/4 814
45 9,140
450/3 9,140
Income statement
9900 46,049
630 1,837
640/8 239
9901 43,973
75/76B 487
75 487
65/66B 74
65 74
9903 44,386
67/77 9,140
9904 35,246
9905 35,246
Appropriation of the result
9906 35,246
Document PDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00468093.

Financial year Type Filed Reference Document
31-12-2025 micro format 28-08-2026 2026-00468093 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
45,811
37,083
2,095
33,554
78.0%
4.37
0.28
100.0%
78.0%
over 100

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€2,095
€1,837

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on YKP Construct

Debt's share of the balance-sheet total is 22.0%.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 30-09-2024 term without a fixed end

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
COSKUN Erol
Director (not named in the articles)
Board
Mandates as a list
  • COSKUN Erol
    • Director (not named in the articles), from 30-09-2024 to date

See the board, name and registered office on a given date →

Control

Founder
This company
YKP Construct
Equity €35,246
Profit €35,246 in 2025

Capital

Contribution
€3,000
Shares
100
Contribution per share
€30
Equity per share
€352 in 2025
Source
deed of 02-10-2024

Articles of association

deed of 02-10-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Geboekt op de algemene kosten, los van eventuele representatie-, reis- en verplaatsingskosten, indien bezoldigd, bepaalt de algemene…”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 02-10-2024 ↗

Network & group

No group

YKP Construct has no parent and no holdings in its annual accounts. COSKUN Erol is the only director. YKP Construct shares no director with another company.

Timeline

Timeline

4 events since 2024
2026
Annual accounts 2025 filed NBBmicro format · 28 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1014335631
2024
IncorporationFounding capital of €3,000, 100 shares · Founder: COSKUN Erol · Appointment: COSKUN Erol (director) · published on 02-10-20246 points ▸
  • Founder, COSKUN Erol
  • Founding capital, €3,000, 100 shares
  • 100 shares
  • Registered office clause, Bloeemendallaan 136, 1853 Strombeek-Bever
  • Director appointment, COSKUN Erol (director (not named in the articles))
  • Power of attorney, COSKUN Erol
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

First establishment Bloemendallaan 136, Grimbergen

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Identity

Enterprise number
1014.335.631
VAT number
BE 1014.335.631
Peppol ID
0208:1014335631
Legal form
Private limited company
Status
Active, normal situation
Founded
30-09-2024
Financial year
ends on 31 December
Peppol
Reachable since 20-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
YKP Construct in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-10-2024 (in Dutch)
Name clauseThe company operates under this name according to its articles.
YKP Construct
deed of 02-10-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 02-10-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Codes under NACEBEL 2008
42110 Construction of roads and motorways main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Onderneming voor grond- en waterbouwkundige werken; Het bouwen, herstellen en onderhouden van wegen, rioleringswerken, het leggen van kabels…”
20 activities
  1. Onderneming voor grond- en waterbouwkundige werken
  2. Het bouwen, herstellen en onderhouden van wegen, rioleringswerken, het leggen van kabels en leidingen, wegpersingen en dwarsboringen
  3. Het leggen van opritten in klinkers, kasseien en andere gelijkaardige materialen
  4. Aannemer van metsel- en betonwerken, waterdicht maken van bouwwerken
  5. Aannemer van slopingswerken
  6. Het ontwerpen, aanleggen en onderhouden van tuinen
  7. Het aanleggen van verhardingen van welke aard ook zoals parkings, opritten, terrassen, enzovoort
  8. Het plaatsen van omheiningen, poorten, tuinhuizen, carports en andere houten, metalen of stenen constructies
  9. Het uitoefenen van het beroep van sanitair installateur, loodgieter, installateur van centrale verwarming en het plaatsen van elektrotechnische installaties
  10. Het kopen en verkopen, huren en verhuren van allerhande machines en infrastructuur noodzakelijk voor het uitoefenen van alle activiteiten van de vennootschap
  11. De uitvoering van horizontale doorpersingen van buizen voor kabels en leidingen
  12. Het leggen van ondergrondse kabels
  13. Onderneming voor alle ondergrondse- en bovengrondse nutsvoorzieningen
  14. Algemene bouwonderneming
  15. Gevelreiniging door middel van zandstralen, met behulp van stoom enzovoort, het reinigen van nieuwe gebouwen na beëindigen van de bouwwerkzaamheden
  16. Industriële reiniging
  17. Overige werkzaamheden in verband met de afwerking van gebouwen
  18. Onderneming voor schoonwerkzaamheden, in de meest uitgebreide zin
  19. Uitbating van een horecabedrijf, van een restaurant, van een snackbar, van een traiteurwinkel of van een nachtwinkel, … (ook mobiele verplaatsingen)
  20. Onderneming voor vervoer over de weg, transport en koerierdiensten
deed of 02-10-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Bloemendallaan 136 registered office 1853 Grimbergen 4211001 Construction of roads and motorways 30-09-2024 2.364.237.022

Buildings and parcels at the address

Ground area
441 m²
Buildings
61 m²
Volume, LiDAR
495 m³
Tallest building
10.6 m
Buildings to scale, each on its own parcel
61 m², 10.6 m 61 m², 10.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23084A0352/00M008441 m² 1 · 61 m² 10.6 m · 3

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1014.335.631