YOUM
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 27-07-2026 at the NBB all 5 filings
Turnover
≈ €79,000
Estimated: probably between €36,000 and €190,000
Total assets
€44,158▲ 3.7%
2024 · €42,578
Net result
€9,998▲ 15.2%
2024 · €8,680
Working capital
€30,423▲ 38.1%
2024 · €22,029
Multi-year overview
2021 to 2025, 5 financial yearsOperating result
€9,440
▼ 2.0%
2025
20212025
Net result
€9,998
▲ 15.2%
2025
middle half of the sector
20212025
Equity
-€12,519
▲ 44.4%
2025
lowest quarter of the sector
20212025
Total assets
€44,158
▲ 3.7%
2025
lowest quarter of the sector
20212025
Debt
€56,677
▼ 12.9%
2025
20212025
Working capital
€30,423
▲ 38.1%
2025
middle half of the sector
20212025
Solvency
-28.3%
▲ 24.5pp
2025
lowest quarter of the sector
20212025
Current ratio
3.61
▲ 1.51
2025
highest quarter of the sector
20212025
Return on assets (ROA)
22.6%
▲ 2.3pp
2025
highest quarter of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result-€32,768--€18,394▲ 43.9%€7,354€9,631▲ 31.0%€9,440▼ 2.0%
Net result-€32,881below the sector's middle half--€18,845below the sector's middle half▲ 42.7%€5,530within the sector's middle half€8,680within the sector's middle half▲ 57.0%€9,998within the sector's middle half▲ 15.2%
Equity-€17,881below the sector's middle half--€36,727below the sector's middle half▼ 105%-€31,197below the sector's middle half▲ 15.1%-€22,517below the sector's middle half▲ 27.8%-€12,519below the sector's middle half▲ 44.4%
Total assets€31,872below the sector's middle half-€32,000below the sector's middle half▲ 0.4%€48,897below the sector's middle half▲ 52.8%€42,578below the sector's middle half▼ 12.9%€44,158below the sector's middle half▲ 3.7%
Debt€49,753-€68,726▲ 38.1%€80,094▲ 16.5%€65,095▼ 18.7%€56,677▼ 12.9%
Working capital€10,584within the sector's middle half-€7,099within the sector's middle half▼ 32.9%€12,988within the sector's middle half▲ 83.0%€22,029within the sector's middle half▲ 69.6%€30,423within the sector's middle half▲ 38.1%
Solvency-56.1%below the sector's middle half--114.8%below the sector's middle half▼ 58.7pp-63.8%below the sector's middle half▲ 51.0pp-52.9%below the sector's middle half▲ 10.9pp-28.3%below the sector's middle half▲ 24.5pp
Current ratio1.54within the sector's middle half-1.30within the sector's middle half▼ 0.241.37within the sector's middle half▲ 0.072.10within the sector's middle half▲ 0.733.61above the sector's middle half▲ 1.51
Return on assets (ROA)-103.2%below the sector's middle half--58.9%below the sector's middle half▲ 44.3pp11.3%within the sector's middle half▲ 70.2pp20.4%above the sector's middle half▲ 9.1pp22.6%above the sector's middle half▲ 2.3pp
above
within
below
The sector band is the middle half of the companies in Other manufacturing (NACE 32). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 2% lower than in 2024.
Turnover and EBIT margin are not published. The micro 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 €44,158
Fixed assets
€2,059 ▲ 353%
Current assets
€42,100 ▼ 0.1%
Equity and liabilities
Equity-€12,519
Debt€56,677
Equity is negative. Debt (€56,677) exceeds the balance-sheet total (€44,158).
Key figures and ratios
EBITDA
€9,836▼
2024 · €9,991
Cash flow
€10,394▲
2024 · €9,040
Quick ratio
1.83▲
2024 · 0.96
Interest coverage
12.86▲
2024 · 10.50
Debt ≤ 1 year
€11,677▼
2024 · €20,095
Debt > 1 year
€45,000=
2024 · €45,000
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Intangible fixed assets | €1,800 | - | - | - | €2,000 |
| Depreciation and write-downs of the year | €265 | €360 | €360 | €360 | €396 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €265 | €360 | €360 | €360 | €396 | ▲ 10.0% |
| Other operating charges640/8 | €147 | €64 | €448 | €451 | €465 | ▲ 3.2% |
| Non-recurring operating charges66A | €1,000 | - | - | - | - | - |
| Gross operating margin9900 | -€31,356 | -€17,971 | €8,162 | €10,442 | €10,302 | ▼ 1.3% |
| Operating profit (loss)9901 | -€32,768 | -€18,394 | €7,354 | €9,631 | €9,440 | ▼ 2.0% |
| Financial income75/76B | €0 | €21 | €0 | €0 | €1,323 | ▲ 3,482× |
| Recurring financial income75 | €0 | €21 | €0 | €0 | €1,323 | ▲ 3,482× |
| Financial charges65/66B | €114 | €472 | €1,824 | €951 | €765 | ▼ 19.6% |
| Recurring financial charges65 | €114 | €472 | €1,824 | €951 | €765 | ▼ 19.6% |
| Profit (loss) for the period before taxes9903 | -€32,881 | -€18,845 | €5,530 | €8,680 | €9,998 | ▲ 15.2% |
| Profit (loss) for the period9904 | -€32,881 | -€18,845 | €5,530 | €8,680 | €9,998 | ▲ 15.2% |
| Profit (loss) for the period to be appropriated9905 | -€32,881 | -€18,845 | €5,530 | €8,680 | €9,998 | ▲ 15.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31,872 | €32,000 | €48,897 | €42,578 | €44,158 | ▲ 3.7% |
| Fixed assets21/28 | €1,535 | €1,175 | €815 | €455 | €2,059 | ▲ 353% |
| Intangible fixed assets21 | €1,535 | €1,175 | €815 | €455 | €2,059 | ▲ 353% |
| Current assets29/58 | €30,337 | €30,825 | €48,082 | €42,123 | €42,100 | ▼ 0.1% |
| Stocks and contracts in progress3 | €2,500 | €6,500 | €22,373 | €22,765 | €20,706 | ▼ 9.0% |
| Stocks30/36 | €2,500 | €6,500 | €22,373 | €22,765 | €20,706 | ▼ 9.0% |
| Amounts receivable within one year40/41 | €2,930 | €6,472 | €15,292 | €15,259 | €15,244 | ▼ 0.1% |
| Trade receivables40 | €2,930 | €6,472 | €15,292 | €15,259 | €14,763 | ▼ 3.3% |
| Other amounts receivable41 | - | - | - | - | €481 | - |
| Cash at bank and in hand54/58 | €24,828 | €17,772 | €9,986 | €2,984 | €5,069 | ▲ 69.9% |
| Deferred charges and accrued income490/1 | €79 | €81 | €431 | €1,115 | €1,082 | ▼ 3.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31,872 | €32,000 | €48,897 | €42,578 | €44,158 | ▲ 3.7% |
| Equity10/15 | -€17,881 | -€36,727 | -€31,197 | -€22,517 | -€12,519 | ▲ 44.4% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | -€32,881 | -€51,727 | -€46,197 | -€37,517 | -€27,519 | ▲ 26.6% |
| Amounts payable17/49 | €49,753 | €68,726 | €80,094 | €65,095 | €56,677 | ▼ 12.9% |
| Amounts payable after more than one year17 | €30,000 | €45,000 | €45,000 | €45,000 | €45,000 | = |
| Financial debts170/4 | €30,000 | €45,000 | €45,000 | €45,000 | €45,000 | = |
| Amounts payable within one year42/48 | €19,753 | €23,726 | €35,094 | €20,095 | €11,677 | ▼ 41.9% |
| Trade debts44 | €4,356 | €3,775 | €13,623 | €5,629 | €4,820 | ▼ 14.4% |
| Suppliers440/4 | €4,356 | €3,775 | €13,623 | €5,629 | €4,820 | ▼ 14.4% |
| Taxes, remuneration and social security45 | €5,385 | €9,149 | €10,670 | €8,664 | €6,857 | ▼ 20.9% |
| Taxes450/3 | €5,385 | €7,239 | €8,760 | €8,664 | €6,857 | ▼ 20.9% |
| Remuneration and social security454/9 | - | €1,910 | €1,910 | - | - | - |
| Other amounts payable47/48 | €10,012 | €10,802 | €10,802 | €5,802 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€32,881 | -€18,845 | €5,530 | €8,680 | €9,998 | ▲ 15.2% |
| + Depreciation and write-downs630 | €265 | €360 | €360 | €360 | €396 | ▲ 10.0% |
| Operating cash flow (approximation) | -€32,616 | -€18,485 | €5,890 | €9,040 | €10,394 | ▲ 15.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,000 | - |
| Change in cash | - | -€7,056 | -€7,785 | -€7,002 | €2,085 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,180 companies had the same profile as YOUM has now. Two years later, 88.8% were still going and 4.8% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
88.8%
was still going
5.8%
stopped otherwise
4.8%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of YOUM itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 2,180 companies, not a prediction for YOUM. 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.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-07-2026 | 2026-00337580 | |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00406316 | |
| 31-12-2023 | micro format | 26-07-2024 | 2024-00297620 | |
| 31-12-2022 | micro format | 15-06-2023 | 2023-00132141 | |
| 31-12-2021 | micro format | 14-07-2022 | 2022-20184429 |