YMDS
ActiveSummary
The computed 12-month bankruptcy probability of YMDS is 11.7% (high). The 2025 annual accounts show negative equity (-€135,526) and a net result of -€21,957. Equity is shrinking by ~83.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 13604 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
11.7%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.1 in 2024; short-term debt: 346.1% and cash: 0.4% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-246.1%
Return on assets
-39.9%
Age of the figures
18 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€135,526
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
8 d late
2023
37 d late
2022
64 d late
2021
227 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 67 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 7 December (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€135,526▼ 19.3%
2024 · -€113,569
Total assets
€55,060▲ 23.6%
2024 · €44,532
Net result
-€21,957▲ 65.8%
2024 · -€64,157
Working capital
-€158,164▼ 10.9%
2024 · -€142,660
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€26,494--€67,497▼ 155%-€22,912▲ 66.1%-€60,002▼ 162%-€20,682▲ 65.5%
Net result€15,596within the sector's middle half--€44,988below the sector's middle half-€26,220below the sector's middle half▲ 41.7%-€64,157below the sector's middle half▼ 145%-€21,957below the sector's middle half▲ 65.8%
Equity€21,796within the sector's middle half--€23,192below the sector's middle half-€49,412below the sector's middle half▼ 113%-€113,569below the sector's middle half▼ 130%-€135,526below the sector's middle half▼ 19.3%
Total assets€145,553within the sector's middle half-€167,441within the sector's middle half▲ 15.0%€118,673within the sector's middle half▼ 29.1%€44,532below the sector's middle half▼ 62.5%€55,060within the sector's middle half▲ 23.6%
Debt€123,757-€190,633▲ 54.0%€168,085▼ 11.8%€158,102▼ 5.9%€190,586▲ 20.5%
Working capital-€48,174below the sector's middle half--€123,550below the sector's middle half▼ 156%-€126,953below the sector's middle half▼ 2.8%-€142,660below the sector's middle half▼ 12.4%-€158,164below the sector's middle half▼ 10.9%
Solvency15.0%within the sector's middle half--13.9%below the sector's middle half▼ 28.8pp-41.6%below the sector's middle half▼ 27.8pp-255.0%below the sector's middle half▼ 213.4pp-246.1%below the sector's middle half▲ 8.9pp
Current ratio0.58within the sector's middle half-0.35below the sector's middle half▼ 0.230.22below the sector's middle half▼ 0.130.10below the sector's middle half▼ 0.120.17below the sector's middle half▲ 0.07
Return on assets (ROA)10.7%within the sector's middle half--26.9%below the sector's middle half▼ 37.6pp-22.1%below the sector's middle half▲ 4.8pp-144.1%below the sector's middle half▼ 122.0pp-39.9%below the sector's middle half▲ 104.2pp
Staff (FTE)5.3-3.56.9▲ 97.1%2.8▼ 59.4%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20,682 in 2025 against €60,002 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55,060
Fixed assets
€22,638 ▼ 22.2%
Current assets
€32,421 ▲ 110%
Key figures and ratios
EBITDA
-€14,230▲
2024 · -€46,559
Cash flow
-€15,504▲
2024 · -€50,714
Debt to equity
-1.41▼
2024 · -1.39
Interest coverage
-11.17▼
2024 · -10.94
Debt ≤ 1 year
€190,586▲
2024 · €158,102
Staff costs
€24,646▼
2024 · €110,846
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 11.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,038 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €145,531 | €175,693 | €84,019 | €110,846 | €24,646 | ▼ 77.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,433 | €28,863 | €26,731 | €13,443 | €6,452 | ▼ 52.0% |
| Other operating charges640/8 | €348 | - | - | - | €4,181 | - |
| Non-recurring operating charges66A | - | - | - | €40,506 | - | - |
| Gross operating margin9900 | €154,818 | €137,059 | €87,837 | €104,792 | €14,598 | ▼ 86.1% |
| Operating profit (loss)9901 | -€26,494 | -€67,497 | -€22,912 | -€60,002 | -€20,682 | ▲ 65.5% |
| Financial income75/76B | €48,740 | €27,000 | €337 | €100 | - | - |
| Recurring financial income75 | €48,740 | €27,000 | €337 | €100 | - | - |
| Financial charges65/66B | €6,650 | €4,491 | €3,644 | €4,255 | €1,274 | ▼ 70.1% |
| Recurring financial charges65 | €6,650 | €4,491 | €3,644 | €4,255 | €1,274 | ▼ 70.1% |
| Profit (loss) for the period before taxes9903 | €15,596 | -€44,988 | -€26,220 | -€64,157 | -€21,957 | ▲ 65.8% |
| Profit (loss) for the period9904 | €15,596 | -€44,988 | -€26,220 | -€64,157 | -€21,957 | ▲ 65.8% |
| Profit (loss) for the period to be appropriated9905 | €15,596 | -€44,988 | -€26,220 | -€64,157 | -€21,957 | ▲ 65.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €145,553 | €167,441 | €118,673 | €44,532 | €55,060 | ▲ 23.6% |
| Fixed assets21/28 | €78,564 | €100,358 | €83,039 | €29,091 | €22,638 | ▼ 22.2% |
| Intangible fixed assets21 | €3,792 | €292 | - | - | - | - |
| Tangible fixed assets22/27 | €74,677 | €99,971 | €82,944 | €28,996 | €22,543 | ▼ 22.3% |
| Plant, machinery and equipment23 | €36,984 | €32,194 | €27,402 | €22,582 | €18,139 | ▼ 19.7% |
| Furniture and vehicles24 | €35,168 | €65,565 | €53,642 | €4,826 | €3,128 | ▼ 35.2% |
| Other tangible fixed assets26 | €2,525 | €2,212 | €1,900 | €1,588 | €1,276 | ▼ 19.7% |
| Financial fixed assets28 | €95 | €95 | €95 | €95 | €95 | = |
| Current assets29/58 | €66,989 | €67,083 | €35,634 | €15,442 | €32,421 | ▲ 110% |
| Amounts receivable within one year40/41 | €3,303 | €39,728 | €12,259 | €1,176 | €32,199 | ▲ 2,637% |
| Trade receivables40 | €47 | €35,919 | €12,259 | €1,097 | €29,020 | ▲ 2,545% |
| Other amounts receivable41 | €3,256 | €3,809 | - | €79 | €3,178 | ▲ 3,904% |
| Cash at bank and in hand54/58 | €63,686 | €27,355 | €23,374 | €14,265 | €223 | ▼ 98.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €145,553 | €167,441 | €118,673 | €44,532 | €55,060 | ▲ 23.6% |
| Equity10/15 | €21,796 | -€23,192 | -€49,412 | -€113,569 | -€135,526 | ▼ 19.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | €6,200 | €6,200 | - | - | - | - |
| Profit (loss) carried forward14 | €15,596 | -€29,392 | -€55,612 | -€119,769 | -€141,726 | ▼ 18.3% |
| Amounts payable17/49 | €123,757 | €190,633 | €168,085 | €158,102 | €190,586 | ▲ 20.5% |
| Amounts payable after more than one year17 | €8,594 | - | - | - | - | - |
| Financial debts170/4 | €8,594 | - | - | - | - | - |
| Amounts payable within one year42/48 | €115,163 | €190,633 | €162,586 | €158,102 | €190,586 | ▲ 20.5% |
| Current portion of amounts payable after more than one year42 | €16,872 | €8,594 | - | - | - | - |
| Financial debts43 | - | - | €5,565 | - | €622 | - |
| Credit institutions430/8 | - | - | €5,565 | - | €622 | - |
| Trade debts44 | €12,272 | €42,892 | €17,741 | €9,480 | €26,831 | ▲ 183% |
| Suppliers440/4 | €12,272 | €42,892 | €17,741 | €9,480 | €26,831 | ▲ 183% |
| Advances received on contracts in progress46 | - | - | - | - | €10,365 | - |
| Taxes, remuneration and social security45 | €9,394 | €20,497 | €2,680 | €11,789 | €1,118 | ▼ 90.5% |
| Taxes450/3 | €121 | €2,379 | €2,680 | €294 | €29 | ▼ 90.2% |
| Remuneration and social security454/9 | €9,273 | €18,118 | - | €11,495 | €1,090 | ▼ 90.5% |
| Other amounts payable47/48 | €76,625 | €118,650 | €136,601 | €136,832 | €151,649 | ▲ 10.8% |
| Accrued charges and deferred income492/3 | - | - | €5,499 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,596 | -€44,988 | -€26,220 | -€64,157 | -€21,957 | ▲ 65.8% |
| + Depreciation and write-downs630 | €35,433 | €28,863 | €26,731 | €13,443 | €6,452 | ▼ 52.0% |
| Operating cash flow (approximation) | €51,029 | -€16,125 | €511 | -€50,714 | -€15,504 | ▲ 69.4% |
| Investment in fixed assets (approximation) | - | -€50,657 | -€9,412 | €40,506 | €0 | ▼ 100% |
| Change in cash | - | -€36,331 | -€3,981 | -€9,109 | -€14,042 | ▼ 54.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
08-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
31-03
Financial
Weakest financial yearnet -€64,157
Net result drops to -€64,157, the lowest in the series; recovery starts the following year.
2023
07-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 227 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2019
Ground area
124 m²
Building footprint
131 m²
Volume, LiDAR
1,797 m³
Parcel 21443C0241/00B003, Brussels · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
34
companies at this address
See who is registered here
1 establishment unit
YMDS
since 20192.289.393.208
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0241/00B003 | Brussels | 124 m² | 1 · 131 m² | 19.6 m · 5 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.
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Of 7,499 companies in sector 56210 we hold annual accounts for 2,451. 1,860 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
Founded07-05-2019
Fiscal year end31-03
Activities, NACEBEL 2025
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0726484171
Also
9925:BE0726484171
Registered
24-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.