YMC Connections
The computed 12-month bankruptcy probability of YMC Connections is 5.3% (elevated). The 2024 annual accounts show negative equity (€-41k) and a net result of €-46k. Its solvency ranks better than 5% of 11120 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-41k |
| Net result | €-46k |
| Better than sector | 5% |
| Active | 2 yrs |
Mixed profile: strong on profitability, weaker on health.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -70.6% | 40.9% | |
| Net result | €-46k | €11k | |
| Equity | €-41k | €34k | |
| Gross operating margin | €70k | €35k | |
| Staff costs | €107k | €24k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-38k |
| Net profit | €-46k |
| Cash flow | €-41k |
| Staff costs | €107k |
| Income taxes | €120 |
| Dividends | - |
| Total assets | €58k |
| Equity | €-41k |
| Debt | €100k |
| of which ≤ 1y | €66k |
| of which > 1y | €33k |
| Working capital | €-44k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.33 |
| Quick ratio | 0.33 |
| Working capital ratio | -75.6% |
| Solvency | -70.6% |
| Debt / equity | -2.42 |
| Long-term debt ratio | -0.81 |
| Interest coverage | -15.29 |
| Gross margin | - |
| Net margin | - |
| ROA | -79.2% |
| ROE | 112.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €58k |
| Fixed assets | 21/28 | €36k |
| Tangible fixed assets | 22/27 | €32k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €22k |
| Amounts receivable within one year | 40/41 | €15k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €58k |
| Equity | 10/15 | €-41k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-46k |
| Amounts payable | 17/49 | €100k |
| Amounts payable after one year | 17 | €33k |
| Amounts payable within one year | 42/48 | €66k |
| Trade debts payable within one year | 44 | €50k |
| Income statement | ||
| Gross operating margin | 9900 | €70k |
| Operating result | 9901 | €-44k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-46k |
| Income taxes | 67/77 | €120 |
| Net result for the period | 9904 | €-46k |
| Result to be appropriated | 9905 | €-46k |
| NACE primary | Algemene elektrotechnische installatiewerken(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 02-01-2024 |
| Status | Active |
| Postal code | 9290 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003A1386/00B000 | Flanders | 870 m² | 1 · 212 m² | 16.1 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
14-04-2025 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "Steven Vandersnickt",
"firm_city": null,
"firm_name": "Notaris Steven Vandersnickt, notarisvennootschap",
"office_city": "Zele",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2025-04-14",
"filing_date": "2025-04-10",
"act_kind_objet": "DOEL, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2025-04-08",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment"
],
"scope": "translation_only",
"trigger": "wvv_adaptation",
"language_after": "nl",
"language_before": "nl"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "1004.105.792",
"name_full_after": "YMC Connections",
"legal_form_after": "B.V.",
"name_full_before": "YMC Connections",
"current_zetel_raw": "Zandstraat 57 9290 Berlare",
"legal_form_before": "B.V."
},
"special_mandates": [],
"articles_modified": [
{
"summary": "Artikel 3 van de statuten wordt aangepast om overeen te stemmen met de nieuwe tekst van het voorwerp.",
"new_text": null,
"change_kind": "amended",
"article_title": null,
"article_number": "3"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Steven Vandersnickt",
"org_rep_person_name": null
},
"co_filed_documents": [
"uitgifte van de akte",
"co\u00F6rdinering van de statuten"
],
"shareholder_rights": null,
"voorwerp_change_summary": "Het voorwerp van de vennootschap werd uitgebreid met nieuwe activiteiten in de elektrische installaties, telecom, en industri\u00EBle leidingen, en werd aangevuld met activiteiten rond onroerend en roerend vermogen, inclusief het aanleggen, beheren en waarborgen van activa.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}| Legal nameNL | YMC Connections |