Result
From profit to loss in 2025, after a profit of €29,906 in 2024.
From profit to loss in 2025, after a profit of €29,906 in 2024.
Of this, €304,049 falls due within a year.
Lower net result than 90% of companies in postal and courier. Sector median €5,100 · 631 companies.
The dashed line is the sector median: 2.6% across 916 companies (NACE 53, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 53, micro). It does better than 26% of them on solvency, 47% on liquidity, 21% on profitability and 18% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,301 companies had the same profile as YNC Group has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of YNC Group itself: 3.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,301 companies, not a prediction for YNC Group. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.05 (1.18 in 2024), below the usual 1.5. Short-term debt is 81.1% and cash 28.5% of total assets. 90.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 73 days after the deadline. In the sector (NACE 53), the median for financial year 2024 was 13 days after the deadline, and 56% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| YNC Group Leopoldsburg | €375,092 | -€1,240 | 9.9% | - |
| Hippocampus Logistics Antwerp | €535,129 | -€69,622 | -12.8% | - |
| AMEDTRANS Sint-Gillis (bij-Brussel) | €297,063 | -€15,265 | -10.8% | - |
| NCT-GROUP Waregem | €191,382 | -€10,289 | 47.6% | - |
| AA MULTISERVICES Brussels | €474,048 | -€37,885 | -32.5% | - |
| WEKT Courcelles | €723,999 | -€102,633 | -4.1% | - |
| Total Freight Solutions Herselt | €160,513 | -€653 | 59.0% | - |
These companies have the same main activity as YNC Group: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €161,000 and €724,000, founded between 2018 and 2024.
YNC Group files the micro format. That format states no turnover. The gross margin fell from €33,276 in 2023 to -€1,240 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 28% of 630 companies in 2025.
Higher than 39% of 599 companies in 2025.
Higher than 24% of 601 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
375,092 | 247,808 | 96,197 | |
21/28 |
55,511 | 70,275 | 6,592 | |
22/27 |
55,511 | 70,275 | 6,592 | |
22 |
1,820 | 2,048 | 2,275 | |
23 |
463 | - | - | |
24 |
53,228 | 68,227 | 4,317 | |
29/58 |
319,581 | 177,534 | 89,605 | |
40/41 |
212,359 | 116,714 | 83,301 | |
40 |
204,793 | 116,714 | 83,301 | |
41 |
7,566 | - | - | |
50/53 |
196 | 196 | - | |
54/58 |
107,026 | 60,624 | 6,304 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
375,092 | 247,808 | 96,197 | |
10/15 |
37,175 | 58,215 | 28,310 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
34,175 | 55,215 | 25,310 | |
17/49 |
337,916 | 189,593 | 67,887 | |
17 |
33,867 | 39,072 | - | |
170/4 |
33,867 | 39,072 | - | |
42/48 |
304,049 | 150,521 | 67,887 | |
42 |
5,204 | 5,204 | - | |
44 |
255,856 | 92,122 | 41,986 | |
440/4 |
255,856 | 92,122 | 41,986 | |
46 |
26,336 | 26,336 | - | |
45 |
16,653 | 19,935 | 23,941 | |
450/3 |
16,653 | 19,935 | 23,941 | |
47/48 |
- | 6,923 | 1,960 | |
| Income statement | ||||
9900 |
-1,240 | 51,837 | 33,276 | |
630 |
15,898 | 8,891 | 383 | |
640/8 |
3,343 | 2,605 | 917 | |
66A |
- | 1,645 | - | |
9901 |
-20,481 | 38,696 | 31,976 | |
75/76B |
242 | 13 | 2 | |
75 |
242 | 13 | 2 | |
65/66B |
191 | 413 | 162 | |
65 |
191 | 413 | 162 | |
9903 |
-20,430 | 38,296 | 31,816 | |
67/77 |
610 | 8,390 | 6,507 | |
9904 |
-21,040 | 29,906 | 25,310 | |
9905 |
-21,040 | 29,906 | 25,310 | |
| Appropriation of the result | ||||
9906 |
34,175 | 55,215 | 25,310 | |
14P |
55,215 | 25,310 | - | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00470998.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -4,583 | 47,587 | 32,359 | ||
| -5,142 | 38,797 | 25,693 | ||
| 1,134 | 72,574 | 6,975 | ||
| 46,402 | 54,320 | - | ||
| 15,532 | 27,012 | 21,718 | ||
| 9.9% | 23.5% | 29.4% | ||
| 1.05 | 1.18 | 1.32 | ||
| 9.09 | 3.26 | 2.40 | ||
| -56.6% | 51.4% | 89.4% | ||
| -5.6% | 12.1% | 26.3% | ||
| -23.96 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,134 | €72,574 | €6,975 |
| €15,898 | €8,891 | €383 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €20,481, after a profit of €38,696 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total rises from 76.5% to 90.1%. Equity is lower and debt is higher.
YNC Group has no parent and no holdings in its annual accounts.
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Eindestraat 2 registered office 3971 Leopoldsburg | 24-09-2022 | 2.396.331.649 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71023A0854/00P000 | 687 m² | 1 · 96 m² | 10.8 m · 2 |
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