Equity
Equity fell by 54% in 14 years.
Equity fell by 54% in 14 years.
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Green is investment, beige is depreciation.
In July 2024, 6,920 companies had the same profile as YOLE has now. Each dot stands for 18 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,920 companies, not a prediction for YOLE. 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.
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.
| Company | ||||
|---|---|---|---|---|
| YOLE Liège | €323,284 | -€11,230 | 70.2% | - |
| H&H CONSTRUCTION Visé | €304,377 | -€2,081 | 15.6% | - |
| HOME PASSION Aywaille | €255,688 | -€26,643 | 24.5% | - |
| IMMOBILIERE BAUDOUIN PIERRE Wanze | €313,063 | -€2,074 | 99.6% | - |
| DUBA DECOR Ghent | €311,694 | -€85,431 | 48.0% | - |
| CONSTRUCT S & D Charleroi | €387,102 | -€81,066 | -19.5% | - |
| WBC Bouw Aalter | €267,253 | -€22,549 | 8.3% | - |
These companies have the same main activity as YOLE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €256,000 and €387,000, founded between 2007 and 2011.
YOLE files the abbreviated format. That format states no turnover. The gross margin fell from -€1,753 in 2011 to -€11,230 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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