Checked.be
Active
BE 0828.929.930Private limited company
YNB
Léon Theodorstraat 5 ·1090 Jette, Belgium· 16 yrs active
Sector: Retail sale of watches and jewellery
(47770)
Conclusion
The computed 12-month bankruptcy probability of YNB is 1.8% (moderate). The 2024 annual accounts show equity of €223k and a net result of €34k. Its solvency ranks better than 63% of 6725 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €223k |
| Net result | €34k |
| Staff (FTE) | 2 |
| Better than sector | 63% |
Financial profile
82
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
79
Profitability
76
Solvency
75
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2010, 16 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
79
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€18k
estimate, not credit advice
Score history
35
2023
79
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 3.06 (≥ 1.5)
+10
Quick ratio
Quick ratio 0.29 (< 0.6)
-5
Leverage
Debt/equity 1.99 (< 2.0)
+3
Profitability
ROE 15% (≥ 10%)
+10
Interest coverage
Interest coverage 2.9×
+3
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-07-2025 with the NBB · fiscal year 2024 · micro schema
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 33.4% | 20.4% | |
| Net result | €34k | €4k | |
| Equity | €223k | €16k | |
| Gross operating margin | €117k | €24k | |
| Staff costs | €43k | €33k |
€70k
-
23-24
€34k
-
23-24
€38k
-
23-24
€667k
-8.7%
23-24
€223k
+17.9%
23-24
€438k
-0.6%
23-24
2
-23.1%
23-24
€43k
-49.6%
23-24
€8k
+2861.8%
23-24
€444k
-17.9%
23-24
€212k
-21.0%
23-24
€232k
-14.9%
23-24
3.06
+16.0%
23-24
0.29
-39.7%
23-24
33.4%
+29.1%
23-24
1.99
-30.4%
23-24
15.2%
-
23-24
5.1%
-
23-24
2.92
-
23-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 |
|---|---|---|
| Deposit | micro schema | micro schema |
| Revenue | - | - |
| EBITDA | €70k | €-19k |
| Net profit | €34k | €-35k |
| Cash flow | €38k | €-32k |
| Staff costs | €43k | €85k |
| Income taxes | €8k | €271 |
| Dividends | - | - |
| Total assets | €667k | €730k |
| Equity | €223k | €189k |
| Debt | €444k | €541k |
| of which ≤ 1y | €212k | €268k |
| of which > 1y | €232k | €273k |
| Working capital | €438k | €441k |
| Employees (FTE) | 2.0 | 2.6 |
Ratios (computed)
| 2024 | 2023 | |
|---|---|---|
| Current ratio | 3.06 | 2.64 |
| Quick ratio | 0.29 | 0.48 |
| Working capital ratio | 65.6% | 60.3% |
| Solvency | 33.4% | 25.9% |
| Debt / equity | 1.99 | 2.86 |
| Long-term debt ratio | 1.04 | 1.44 |
| Interest coverage | 2.92 | -1.56 |
| Gross margin | - | - |
| Net margin | - | - |
| ROA | 5.1% | -4.8% |
| ROE | 15.2% | -18.6% |
| EBITDA margin | - | - |
| Days sales outstanding | - | - |
| Days payable outstanding | - | - |
| Inventory turnover | - | - |
| Days inventory (DSI) | - | - |
Balance-sheet composition 2024
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 |
|---|---|---|---|
| Balance sheet, Assets | |||
| TOTAL ASSETS | 20/58 | €667k | €730k |
| Fixed assets | 21/28 | €17k | €21k |
| Tangible fixed assets | 22/27 | €17k | €21k |
| Financial fixed assets | 28 | €89 | €89 |
| Current assets | 29/58 | €650k | €709k |
| Stocks & contracts in progress | 3 | €589k | €580k |
| Amounts receivable within one year | 40/41 | €24k | €32k |
| Cash & bank | 54/58 | €33k | €93k |
| Balance sheet, Equity & liabilities | |||
| TOTAL EQUITY & LIABILITIES | 10/49 | €667k | €730k |
| Equity | 10/15 | €223k | €189k |
| Contributions / capital | 10/11 | €25k | €25k |
| Reserves | 13 | €3k | €3k |
| Accumulated profits (losses) | 14 | €195k | €161k |
| Amounts payable | 17/49 | €444k | €541k |
| Amounts payable after one year | 17 | €232k | €273k |
| Amounts payable within one year | 42/48 | €212k | €268k |
| Trade debts payable within one year | 44 | €86k | €163k |
| Income statement | |||
| Gross operating margin | 9900 | €117k | €68k |
| Operating result | 9901 | €66k | €-23k |
| Financial income | 75 | €29 | - |
| Financial charges | 65 | €24k | €12k |
| Result before taxes | 9903 | €42k | €-35k |
| Income taxes | 67/77 | €8k | €271 |
| Net result for the period | 9904 | €34k | €-35k |
| Result to be appropriated | 9905 | €34k | €-35k |
Legal Structure
| NACE primary | Retail sale of watches and jewellery(47770) |
| Legal form | Private limited company(610) |
| Incorporation | 02-09-2010 |
| Status | Active |
| Postal code | 1090 |
Establishment units
NIVA'S
since 20102.193.012.820
Wemmelse Steenweg 1, 1090 Jette
since 20212.315.764.142
Real-estate footprint
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0192/00D000 | Brussels | 124 m² | 1 · 117 m² | 14.0 m · 4 fl. |
| 21463D0190/00G002 | Brussels | 86 m² | 1 · 82 m² | 14.9 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
31-12
Financial
Equity above €200kEq €223k ▲17.9%
Equity rises from €189k to €223k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
05-12
State Gazette act
Minor change
Statutes change · Antoine de LAME
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Belgisch Staatsblad, acts
All acts · 1
updated 2 years ago
2023
05-12-2023 Publication in the Belgian Official Gazette, Minor change
Summary:
Statutes changeNotary:
Antoine de LAME · Molenbeek-Saint-JeanFirm:
Jean-Pierre BERTHET et Antoine de LAME, Notaires associés
Technical details
{
"notary": {
"name": "Antoine de LAME",
"firm_city": null,
"firm_name": "Jean-Pierre BERTHET et Antoine de LAME, Notaires associ\u00E9s",
"office_city": "Molenbeek-Saint-Jean",
"is_associated": true
},
"act_meta": {
"language": "fr",
"pub_date": "2023-12-05",
"filing_date": "2023-12-01",
"act_kind_objet": "STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS), MODIFICATION FORME JURIDIQUE, DEMISSIONS, NOMINATIONS"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraor-dinaire des actionnaires",
"date": "2023-12-01",
"unanimous": null
},
"agm_change": null,
"detected_kind": "statutes_change",
"other_address": null,
"mandate_renewal": {
"period_end": null,
"mandate_kind": "administrateur",
"period_start": null,
"remuneration_eur": null,
"remuneration_kind": null,
"person_or_entity_kbo": null,
"person_or_entity_name": "BASKIN Yusuf et Madame AFSAR Nivar"
},
"subject_company": {
"kbo": "0828.929.930",
"name_full": "YNB",
"legal_form": "SRL"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"exp\u00E9dition \u00E9lectronique du proc\u00E8s-verbal contenant les statuts"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Credit advice
Company registry (CBE)
Activities
Retail sale of watches and jewellery47770Agents specialised in the wholesale of other particular products46180Agents in non-specialised wholesale trade46190
Names & trade names
| Legal nameFR | YNB |
Similar companies
Maison Hacour
BE 0406.892.234 · Seraing
LAM BIJOUTERIE
BE 0899.119.724 · Ukkel
NOSTALGIE DU PASSE
BE 0458.793.865 · Schoten
CECE JEWELS
BE 1002.971.189 · Aalst
DEPOOTER
BE 0627.840.418 · Hasselt