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YMEC

Active
Private limited companyfounded 2021active for 5 yearsStokt 49, 2400 Mol, BelgiumKBO/BCE: BE 0773.677.047

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

YMEC has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132,187 and a net result of €29,703. Equity is growing by about 43% per year across the filed financial years. Its solvency ranks better than 28% of 146 sector peers (NACE 02, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 09-09-2021 Normal situation
Legal form
Private limited company
Registered office
Stokt 49, 2400 Mol
Activity
Forestry and logging NACE 02100and 2 others
Establishment unit
2.321.887.614 2400 Mol, since 09-09-2021
Financial year end
31 December
Peppol
Reachable since 05-10-2025

Who decides

Board
  • Lievens YvesDirector · since 09-09-2021

How it is doing

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€113,850
▲ 10.8%
Turnover
≈ €290,000
estimated
Profit
€29,703
▼ 28.5%
Equity
€132,187
▲ 29.0%
Total assets
€468,141
▲ 57.7%
Staff
0.4 FTE
2025 accounts filed 31 days late
Filed on 31-08-2026at the National Bank
Why 87raises riskLast filed accounts filed 31 days late; 1 of the last 3 latelowers riskSector: Forestry and logging (NACE 02)Liquidity: current ratio 1.08, cash €63,942Figures for financial year 2025 (filed 02-09-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 02, micro)
Financial strength · tick = 2024
Average
Solvency 53-7
equity 28.2% of total assets
Liquidity 42-1
short-term debt 49.4% · cash 13.7%
Profitability 77-9
return on assets 6.3%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (532 companies, NACE 02, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.08, compared with 1.03 in 2024, below the usual 1.5; short-term debt: 49.4% and cash: 13.7% of total assets), and 71.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 02, micro): better than 36% on solvency, 36% on liquidity, 66% on profitability and 80% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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

Credit check for your own amount and term

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Forestry and logging (NACE 02)
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 1.08, cash €63,942
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 02-09-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filings
Deviation from the deadline
2025
31 days late
2024
27 days late
2023
29 days late
2022
10 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 24 days after the deadline; the sector median (NACE 02) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00489425.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
31-08-2026
Format
abbreviated format
Reference
2026-00489425
Turnover
≈ €290,000
Estimated: probably between €180,000 and €540,000
Total assets
€468,141▲ 57.7%
2024 · €296,889
Net result
€29,703▼ 28.5%
2024 · €41,525
Working capital
€18,036▲ 203%
2024 · €5,951
Trend over the years

2022 to 2025, 4 financial years

The operating result falls in 2025; 2025 is 35% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€40,119 2025 Net result€29,703 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 02, Forestry and logging: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€31,621-€51,348▲ 62.4%€62,124▲ 21.0%€40,119▼ 35.4%
Net result€23,346within the sector's middle half-€32,614within the sector's middle half▲ 39.7%€41,525within the sector's middle half▲ 27.3%€29,703within the sector's middle half▼ 28.5%
Equity€28,346below the sector's middle half-€60,959below the sector's middle half▲ 115%€102,484below the sector's middle half▲ 68.1%€132,187below the sector's middle half▲ 29.0%
Total assets€218,682below the sector's middle half-€259,665below the sector's middle half▲ 18.7%€296,889below the sector's middle half▲ 14.3%€468,141within the sector's middle half▲ 57.7%
Debt€190,336-€198,705▲ 4.4%€194,405▼ 2.2%€335,954▲ 72.8%
Working capital€4,677below the sector's middle half-€19,876within the sector's middle half▲ 325%€5,951within the sector's middle half▼ 70.1%€18,036within the sector's middle half▲ 203%
Solvency13.0%below the sector's middle half-23.5%below the sector's middle half▲ 10.5pp34.5%within the sector's middle half▲ 11.0pp28.2%within the sector's middle half▼ 6.3pp
Current ratio1.03within the sector's middle half-1.11within the sector's middle half▲ 0.081.03within the sector's middle half▼ 0.081.08within the sector's middle half▲ 0.05
Return on assets (ROA)10.7%above the sector's middle half-12.6%above the sector's middle half▲ 1.9pp14.0%above the sector's middle half▲ 1.4pp6.3%above the sector's middle half▼ 7.6pp
Staff (FTE)0.4below the sector's middle half
above within below the middle half of NACE 02, Forestry and logging: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €468,141
Fixed assets €218,854 ▲ 114%
Current assets €249,287 ▲ 28.2%
Equity and liabilities €468,141
Equity €132,187 ▲ 29.0%
Debt €335,954 ▲ 72.8%
Debt's share of the balance-sheet total rises from 65.5% to 71.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€89,242▼
2024 · €96,228
Cash flow
€78,826▲
2024 · €75,628
Quick ratio
0.63▲
2024 · 0.55
Debt to equity
2.54▲
2024 · 1.90
ROE
22.5%▼
2024 · 40.5%
Interest coverage
16.12▲
2024 · 14.80
Debt ≤ 1 year
€231,251▲
2024 · €188,560
Debt > 1 year
€104,703▲
2024 · €5,845
Income taxes
€4,881▼
2024 · €14,218
Staff costs
€20,072▲
2024 · €4,416
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,713 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
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.2% stopped otherwise
95.8% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,445 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 6,713 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 against 2024 · 48 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€296,889€468,141▲
Fixed assets21/28€102,377€218,854▲
Tangible fixed assets22/27€102,127€218,353▲
Land and buildings22€3,355€2,460▼
Plant, machinery and equipment23€66,120€184,663▲
Furniture and vehicles24€32,651€31,230▼
Financial fixed assets28€251€501▲
Current assets29/58€194,511€249,287▲
Stocks and contracts in progress3€91,247€103,902▲
Stocks30/36€91,247€103,902▲
Amounts receivable within one year40/41€39,200€77,772▲
Trade receivables40€38,090€71,627▲
Other amounts receivable41€1,110€6,145▲
Cash at bank and in hand54/58€62,204€63,942▲
Deferred charges and accrued income490/1€1,861€3,671▲
Equity and liabilities
Total equity and liabilities10/49€296,889€468,141▲
Equity10/15€102,484€132,187▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€97,484€127,187▲
Amounts payable17/49€194,405€335,954▲
Amounts payable after more than one year17€5,845€104,703▲
Financial debts170/4€5,845€104,703▲
Amounts payable within one year42/48€188,560€231,251▲
Current portion of amounts payable after more than one year42€11,498€26,153▲
Financial debts43€34,000-
Credit institutions430/8€34,000-
Trade debts44€26,942€22,094▼
Suppliers440/4€26,942€22,094▼
Taxes, remuneration and social security45€20,647€16,062▼
Taxes450/3€20,647€14,984▼
Remuneration and social security454/9-€1,078
Other amounts payable47/48€95,473€166,942▲
Income statement Code20242025
Remuneration, social security and pensions62€4,416€20,072▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,104€49,123▲
Other operating charges640/8€2,137€4,536▲
Gross operating margin9900€102,781€113,850▲
Operating profit (loss)9901€62,124€40,119▼
Financial income75/76B€122-
Recurring financial income75€122-
Financial charges65/66B€6,504€5,535▼
Recurring financial charges65€6,504€5,535▼
Profit (loss) for the period before taxes9903€55,742€34,584▼
Income taxes67/77€14,218€4,881▼
Profit (loss) for the period9904€41,525€29,703▼
Profit (loss) for the period to be appropriated9905€41,525€29,703▼
Appropriation of the result
Profit (loss) to be appropriated9906€97,484€127,187▲
Profit (loss) brought forward from the previous period14P€55,959€97,484▲
Social balance sheet
Average headcount (FTE)9087-0.4

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2022202320242025Change
Remuneration, social security and pensions62--€4,416€20,072▲ 355%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,194€17,534€34,104€49,123▲ 44.0%
Other operating charges640/8€3,594€4,235€2,137€4,536▲ 112%
Non-recurring operating charges66A€2,666----
Gross operating margin9900€44,075€73,117€102,781€113,850▲ 10.8%
Operating profit (loss)9901€31,621€51,348€62,124€40,119▼ 35.4%
Financial income75/76B€1€112€122--
Recurring financial income75€1€112€122--
Financial charges65/66B€1,589€7,714€6,504€5,535▼ 14.9%
Recurring financial charges65€1,589€7,714€6,504€5,535▼ 14.9%
Profit (loss) for the period before taxes9903€30,032€43,746€55,742€34,584▼ 38.0%
Income taxes67/77€6,687€11,132€14,218€4,881▼ 65.7%
Profit (loss) for the period9904€23,346€32,614€41,525€29,703▼ 28.5%
Profit (loss) for the period to be appropriated9905€23,346€32,614€41,525€29,703▼ 28.5%
Line2022202320242025Change
Assets
Total assets20/58€218,682€259,665€296,889€468,141▲ 57.7%
Fixed assets21/28€52,257€58,426€102,377€218,854▲ 114%
Tangible fixed assets22/27€51,861€57,970€102,127€218,353▲ 114%
Land and buildings22-€4,250€3,355€2,460▼ 26.7%
Plant, machinery and equipment23€39,373€30,564€66,120€184,663▲ 179%
Furniture and vehicles24€12,489€23,156€32,651€31,230▼ 4.4%
Financial fixed assets28€396€456€251€501▲ 99.6%
Current assets29/58€166,424€201,239€194,511€249,287▲ 28.2%
Stocks and contracts in progress3€91,795€94,782€91,247€103,902▲ 13.9%
Stocks30/36€91,795€94,782€91,247€103,902▲ 13.9%
Amounts receivable within one year40/41€33,526€58,013€39,200€77,772▲ 98.4%
Trade receivables40€28,276€54,702€38,090€71,627▲ 88.0%
Other amounts receivable41€5,250€3,311€1,110€6,145▲ 454%
Cash at bank and in hand54/58€39,968€47,317€62,204€63,942▲ 2.8%
Deferred charges and accrued income490/1€1,135€1,127€1,861€3,671▲ 97.3%
Equity and liabilities
Total equity and liabilities10/49€218,682€259,665€296,889€468,141▲ 57.7%
Equity10/15€28,346€60,959€102,484€132,187▲ 29.0%
Contributions10/11€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€23,346€55,959€97,484€127,187▲ 30.5%
Amounts payable17/49€190,336€198,705€194,405€335,954▲ 72.8%
Amounts payable after more than one year17€28,589€17,342€5,845€104,703▲ 18×
Financial debts170/4€28,589€17,342€5,845€104,703▲ 18×
Amounts payable within one year42/48€161,747€181,363€188,560€231,251▲ 22.6%
Current portion of amounts payable after more than one year42€11,001€11,247€11,498€26,153▲ 127%
Financial debts43€25,000€35,000€34,000--
Credit institutions430/8€25,000€35,000€34,000--
Trade debts44€52,041€37,239€26,942€22,094▼ 18.0%
Suppliers440/4€52,041€37,239€26,942€22,094▼ 18.0%
Taxes, remuneration and social security45€12,587€12,635€20,647€16,062▼ 22.2%
Taxes450/3€12,587€12,635€20,647€14,984▼ 27.4%
Remuneration and social security454/9---€1,078-
Other amounts payable47/48€61,118€85,242€95,473€166,942▲ 74.9%
Line2022202320242025Change
Profit (loss) for the period9904€23,346€32,614€41,525€29,703▼ 28.5%
+ Depreciation and write-downs630€6,194€17,534€34,104€49,123▲ 44.0%
Operating cash flow (approximation)€29,539€50,147€75,628€78,826▲ 4.2%
Investment in fixed assets (approximation)--€23,703-€78,055-€165,600▼ 112%
Change in cash-€7,349€14,887€1,738▼ 88.3%

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 (4)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00489425 NBB
31-12-2024 abbreviated format 27-08-2025 2025-00414166 PDF
31-12-2023 abbreviated format 29-08-2024 2024-00415799 PDF
31-12-2022 abbreviated format 10-08-2023 2023-00326073 PDF

Similar companies · same sector, comparable size

Of the 600 active companies whose main activity is forestry and logging (NACE 02100), figures are known for 215. 150 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.

Directors

Directors
1 director
Lievens Yves
Director · since 09-09-2021 · in the 2025 annual accounts, filed on 31-08-2026
Current

Mandate history

1 person, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Lievens Yves
  • Director, from 09-09-2021 to date
See the board, name and registered office on a given date →

Owners and capital

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 9 September 2021, YMEC was incorporated as a private limited company.1 Total assets went from €218,682 in 2022 to €468,141 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filedNBB
financial year 2025 · abbreviated format · 31 days late
2025
27-08
NBB filing Annual accounts filedPDF
financial year 2024 · abbreviated format · 27 days late
2024
31-12
Financial Highest result from 2022 to 2025net €41,525 ▲27.3%
Operating result €62,124, net result €41,525, both a record.
31-12
Financial Equity above €100,000equity €102,484 ▲68.1%
A profit in every financial year since 2022 builds equity to €102,484.
29-08
NBB filing Annual accounts filedPDF
financial year 2023 · abbreviated format · 29 days late
2023
10-08
NBB filing Annual accounts filedPDF
financial year 2022 · abbreviated format · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

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

Register details

Who it is

KBO record
Name YMEC in Dutch
Enterprise number 0773.677.047
Legal form Private limited company
Status Active, normale toestand
Founded 09-09-2021
Type Legal entity

Where it is based

Registered office Stokt 49, 2400 Mol, Belgium
Establishments 1 establishment unit since 2021

What it does

NACEBEL 2025
02100 Forestry and logging main activity
47781 Retail sale of solid, liquid and gaseous fuels, excluding motor fuels main activity
81300 Landscape service activities

Invoicing and payment

VAT number BE 0773.677.047
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0773677047
Registered 05-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders.

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
1 establishment unit
YMEC
Stokt 49, 2400 MolForestry and logging
since 2021unit no. 2.321.887.614

Buildings and parcels at the address

Ground area
1,952 m²
Building footprint
166 m²
Building volume
852 m³
Parcel 13435D0315/00G000, Flanders · tallest building 8.5 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13435D0315/00G000 Flanders 1,952 m² 1 · 166 m² 8.4 m · 2