Skip to content
Checked.be
Complete company report
Generated 30-07-2026
Active BE 0891.696.947Private limited company (pre-2019)

YMG ELECTRO

Nijverheidsstraat 22 ·8020 Oostkamp, Belgium· 18 yrs active
Sector: Specialised construction (43211)
Conclusion Checked

The computed 12-month bankruptcy probability of YMG ELECTRO is 0.6% (low). The 2025 annual accounts show equity of €1.83M and a net result of €453k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 327 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.
Key figures
Equity €1.83M
Net result €453k
Staff (FTE) 3.6
Better than sector 63%
Snowflake analysis 5 axes · computed by Checked
Health78Profitability100Solvency94Growth67Stability100
88 / 100

Exceptional profile, strong across almost every axis.

Health 78
Profitability 100
Solvency 94
Growth 67
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.6% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: healthy financial profile −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2007, 18 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
78 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 24-03-2026 with the NBB · fiscal year 2025 · verkort
€0€1.00M€2.00M€3.00MRevenue 2021: €2.62M€2.62MOperating result 2021: €154k€154kNet result 2021: €141k€141kOperating result 2022: €159k€159kNet result 2022: €141k€141kOperating result 2023: €190k€190kNet result 2023: €167k€167kOperating result 2024: €889k€889kNet result 2024: €838k€838kOperating result 2025: €455k€455kNet result 2025: €453k€453k20212022202320242025
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~12.1%/year over 8 fiscal years, indicative, assuming unchanged policy.
€500k€1.00M€1.50M€2.00M€2.50M2026: €1.92M (€1.77M - €2.06M)2027: €2.15M (€1.96M - €2.34M)2028: €2.41M (€2.14M - €2.67M)2018: €838k2019: €889k2020: €928k2021: €1.01M2022: €1.15M2023: €1.32M2024: €1.64M2025: €1.83M20182019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 49.5% 39.1%
better than 63% of 327 sector peers
Net result €453k €40k
better than 95% of 327 sector peers
Equity €1.83M €181k
better than 95% of 327 sector peers
Gross operating margin €741k €214k
better than 82% of 327 sector peers
Staff costs €284k €219k
higher than 57% of 210 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€2.62M
+28.1% 18-25
EBITDA
€192k
+19.7% far above sector median
Net profit
€453k
-45.9% far above sector median
Cash flow
€169k
+18.4% far above sector median
Total assets
€3.70M
+17.4% far above sector median
Equity
€1.83M
+11.8% far above sector median
Working capital
€1.83M
+11.5% far above sector median
Employees (FTE)
4
-10.0% 18-25
Staff costs
€284k
+0.4% far above sector median
Income taxes
€67k
-39.4% far above sector median
Dividends
€60k
- +104% vs sector
Debt
€1.87M
+23.4% far above sector median
Debt ≤ 1y
€1.87M
+23.8% far above sector median
Current ratio
1.98
-5.2% +27% vs sector
Quick ratio
1.81
-6.7% +29% vs sector
Solvency
49.5%
-4.7% -9% vs sector
Debt / equity
1.02
+10.3% +18% vs sector
ROE
24.8%
-51.6% +256% vs sector
ROA
12.3%
-53.9% +246% vs sector
Net margin
5.4%
+186.9% 18-25
EBITDA margin
5.9%
- 18-25
Interest coverage
60.40
-15.0% +257% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA-
Net profit€453k
Cash flow-
Staff costs€284k
Income taxes€67k
Dividends-
Total assets€3.70M
Equity€1.83M
Debt€1.87M
of which ≤ 1y€1.87M
of which > 1y-
Working capital€1.83M
Employees (FTE)3.6
Ratios (computed)
2025
Current ratio1.98
Quick ratio1.81
Working capital ratio49.5%
Solvency49.5%
Debt / equity1.02
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA12.3%
ROE24.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€3.70M
Current assets 29/58€3.70M
Stocks & contracts in progress 3€307k
Amounts receivable within one year 40/41€2.03M
Investments 50/53€500k
Cash & bank 54/58€849k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.70M
Equity 10/15€1.83M
Contributions / capital 10/11€19k
Reserves 13€1.81M
Amounts payable 17/49€1.87M
Amounts payable within one year 42/48€1.87M
Trade debts payable within one year 44€795k
Income statement
Gross operating margin 9900€741k
Operating result 9901€455k
Financial income 75€70k
Financial charges 65€5k
Result before taxes 9903€520k
Income taxes 67/77€67k
Net result for the period 9904€453k
Result to be appropriated 9905€453k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43211)
Legal form Private limited company (pre-2019)(015)
Incorporation28-08-2007
StatusActive
Postal code8020
Establishment units 1 location
YMG ELECTRO
Nijverheidsstraat 22, 8020 Oostkampde aanleg van telecommunicatielijnen en -netten
since 20072.164.964.972
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31403E0101/00E002 Flanders 1.1 ha 1 · 9 m² 2.5 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
24-03-2026
NBB filing Annual accounts filed
fiscal year 2025 · verkort
2025
29-04-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
21-03-2025
State Gazette act Director changes
2024
10-04-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
30-03-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
29-04-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
15-04-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
29-04-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
29-04-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
27-04-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
27-03-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
21-03-2025 2 directors appointed, 2 resigning Director changes
  • BV Faroma, Bestuurder
  • BV GCG, Bestuurder
  • Maxim Goossens, Bestuurder
  • Guillaume Goossens, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Maxim Goossens",
        "address": "8020 Oostkamp Waterputdreef 2A",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "end_of_term",
      "subkind": null,
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": false,
      "effective_date": "2024-01-01",
      "evidence_quote": "De algemene vergadering beslist tot het ontslag van Maxim Goossens, met woonplaats te 8020 Oostkamp Waterputdreef 2A, als niet-statutaire bestuurder, en dit met ingang op 01/01/2024. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Guillaume Goossens",
        "address": "8020 Oostkamp Lodistraat 73",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "end_of_term",
      "subkind": null,
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": false,
      "effective_date": "2024-01-01",
      "evidence_quote": "De algemene vergadering beslist tot het ontslag van Guillaume Goossens, met woonplaats te 8020 Oostkamp Lodistraat 73, als niet-statutaire bestuurder, en dit met ingang op 01/01/2024. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "BV Faroma",
        "address": "8020 Oostkamp Waterputdreef 2A",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": "niet_statutair",
      "compensated": false,
      "effective_date": "2024-01-01",
      "evidence_quote": "De algemene vergadering beslist tot de benoeming van BV Faroma, met zetel te 8020 Oostkamp Waterputdreef 2A, als niet-statutaire bestuurder, en dit met ingang op 01/01/2024. Dit mandaat geldt voor onbepaalde duur. Het mandaat is onbezoldigd, tenzij de algemene vergadering daar met een gewone meerder",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "rep_rotation",
      "role": "vaste_vertegenwoordiger",
      "person": {
        "rrn": null,
        "name": "Maxim Goossens",
        "address": "8020 Oostkamp Waterputdreef 2A",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "BV Faroma",
        "address": "8020 Oostkamp Waterputdreef 2A",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": "2024-01-01",
      "evidence_quote": "Rechtspersoon BV Faroma heeft Maxim Goossens, met woonplaats te 8020 Oostkamp Waterputdreef 2A, benoemd als vaste vertegenwoordiger belast met de uitvoering van zijn bestuursmandaat in naam en voor rekening van de rechtspersoon, en dit met ingang op 01/01/2024.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "BV GCG",
        "address": "8020 Oostkamp Lodistraat 73",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": "niet_statutair",
      "compensated": false,
      "effective_date": "2024-01-01",
      "evidence_quote": "De algemene vergadering beslist tot de benoeming van BV GCG, met zetel te 8020 Oostkamp Lodistraat 73, als niet-statutaire bestuurder, en dit met ingang op 01/01/2024. Dit mandaat geldt voor onbepaalde duur. Het mandaat is onbezoldigd, tenzij de algemene vergadering daar met een gewone meerderheid a",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "rep_rotation",
      "role": "vaste_vertegenwoordiger",
      "person": {
        "rrn": null,
        "name": "Guillaume Goossens",
        "address": "8020 Oostkamp Lodistraat 73",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "BV GCG",
        "address": "8020 Oostkamp Lodistraat 73",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": "2024-01-01",
      "evidence_quote": "Rechtspersoon BV GCG heeft Guillaume Goossens, met woonplaats te 8020 Oostkamp Lodistraat 73, benoemd als vaste vertegenwoordiger belast met de uitvoering van zijn bestuursmandaat in naam en voor rekening van de rechtspersoon, en dit met ingang op 01/01/2024.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-03-21",
    "filing_date": "2025-03-13",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-01-01",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2024-01-01",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2024-01-01",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2024-01-01",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2024-01-01",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2024-01-01",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0891.696.947",
    "name_full": "YMG Electro",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": "BV Faroma",
    "person_name": null,
    "org_rep_person_name": "Maxim Goossens",
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "de notulen van de algemene vergadering dd. 01/01/2024"
  ],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Elektrische installatie45310Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels47540Detailhandel in elektrische huishoudapparaten47540
Primary activity highlighted.
Names & trade names
Legal nameNL YMG ELECTRO
Registered office
Nijverheidsstraat 22
8020 Oostkamp, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
ELECTRICITEITSWERKEN DESERRANNO BE 0435.744.883 · Oostkamp
Elektriciteitswerken Feys BE 0438.353.094 · Oostkamp
AFSCHRIFT BE 0417.696.846 · Ardooie
ALARM SERVICE BE 0435.641.351 · Kortrijk
Algemene Electrische Ondernemingen Kamiel Verstraete en Zoon BE 0406.914.703 · Jabbeke
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative