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YL

Active
Private limited companyfounded 2024active for 2 yearsOude Baan 125, 3060 Bertem, BelgiumKBO/BCE: BE 1009.710.513
Summary

The computed 12-month bankruptcy probability of YL is 2.1% (moderate). The 2025 annual accounts show equity of €33,456 and a net result of €30,456. Its solvency ranks better than 51% of 34,699 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€33,456
Total assets
€70,026
Net result
€30,456
Working capital
€20,024

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €70,026
Fixed assets €13,432
Current assets €56,594
Equity and liabilities €70,026
Equity €33,456
Debt €36,570
Debt finances 52.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€40,884
Cash flow
€33,355
Current ratio
1.55
Debt to equity
1.09
ROE
91.0%
ROA
43.5%
Interest coverage
over 100
Debt ≤ 1 year
€36,570
Income taxes
€7,304

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

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

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€70,026
Fixed assets21/28€13,432
Tangible fixed assets22/27€13,432
Plant, machinery and equipment23€3,048
Furniture and vehicles24€10,384
Current assets29/58€56,594
Amounts receivable within one year40/41€48,245
Trade receivables40€47,257
Other amounts receivable41€988
Cash at bank and in hand54/58€5,048
Deferred charges and accrued income490/1€3,301
Equity and liabilities
Total equity and liabilities10/49€70,026
Equity10/15€33,456
Contributions10/11€3,000
Profit (loss) carried forward14€30,456
Amounts payable17/49€36,570
Amounts payable within one year42/48€36,570
Trade debts44€2,304
Suppliers440/4€2,304
Taxes, remuneration and social security45€7,304
Taxes450/3€7,304
Other amounts payable47/48€26,962
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,899
Other operating charges640/8€1,188
Gross operating margin9900€42,072
Operating profit (loss)9901€37,985
Financial charges65/66B€225
Recurring financial charges65€225
Profit (loss) for the period before taxes9903€37,760
Income taxes67/77€7,304
Profit (loss) for the period9904€30,456
Profit (loss) for the period to be appropriated9905€30,456
Appropriation of the result
Profit (loss) to be appropriated9906€30,456

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,899
Other operating charges640/8€1,188
Gross operating margin9900€42,072
Operating profit (loss)9901€37,985
Financial charges65/66B€225
Recurring financial charges65€225
Profit (loss) for the period before taxes9903€37,760
Income taxes67/77€7,304
Profit (loss) for the period9904€30,456
Profit (loss) for the period to be appropriated9905€30,456
Line2025
Assets
Total assets20/58€70,026
Fixed assets21/28€13,432
Tangible fixed assets22/27€13,432
Plant, machinery and equipment23€3,048
Furniture and vehicles24€10,384
Current assets29/58€56,594
Amounts receivable within one year40/41€48,245
Trade receivables40€47,257
Other amounts receivable41€988
Cash at bank and in hand54/58€5,048
Deferred charges and accrued income490/1€3,301
Equity and liabilities
Total equity and liabilities10/49€70,026
Equity10/15€33,456
Contributions10/11€3,000
Profit (loss) carried forward14€30,456
Amounts payable17/49€36,570
Amounts payable within one year42/48€36,570
Trade debts44€2,304
Suppliers440/4€2,304
Taxes, remuneration and social security45€7,304
Taxes450/3€7,304
Other amounts payable47/48€26,962
Line2025
Profit (loss) for the period9904€30,456
+ Depreciation and write-downs630€2,899
Operating cash flow (approximation)€33,355

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

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 23-06-2026 2026-00186904

Similar companies · same sector, comparable size

Of the 7,258 active companies whose main activity is other building finishing work (NACE 43350), figures are known for 2,372. 1,932 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.