Turnover
≈ €230,000 estimated
The micro format states no turnover.
YOUNG HAM
Lifetime
1 annual account with figurespeak €20,766 (2024)
€20,766
peak €43 (2024)
€43
peak €5,043 (2024)
€5,043
€99,480
Board2 names since 2023
1 director
Documentsfilings and deeds
29-09-202560 days late
2024micro format
Resignation: (director) 17-06First year with figures
Key points
from the 2024 annual accountsDebts
€99,480 95% of the balance sheet
Financial debts 25%Suppliers 52%Taxes and wages 2%Other 21%
Of this, €72,801 falls due within a year.
Starting capital
€5,000 100 shares
2024 accounts filed 60 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,135 companies had the same profile as YOUNG HAM has now. Each dot stands for 6 companies, two years later.
92.0%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 2,135 companies, not a prediction for YOUNG HAM. 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.
Credit verdict
Credit check for an amount and term of your choice
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.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801160909
Resignation: (director)
Director discharge: · General meeting of 31-03-2024 · Gazette deed
Registered office moved within Ostend
New registered office: Langestraat 78 te 8400 Oostende · Previous registered office: Kapucijnenstraat 11-8400 Oostende · Board meeting of 05-05-2023 · Gazette deed
First establishment
Oldham, Langestraat 78, Ostend
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| YOUNG HAM Ostend | €104,523 | €20,766 | 4.8% | - |
| GDS Hamoir Hamoir | €109,601 | €19,181 | 9.1% | - |
| TBNB Tienen | €91,685 | €24,408 | 9.8% | - |
| Universal Human Services Brussels | €105,444 | €17,528 | 22.3% | - |
| IZIMIR Zaventem | €121,996 | €19,294 | 4.9% | - |
| Alsaraj Brussels | €100,497 | €26,621 | 58.5% | - |
| FF'ier Beernem | €85,389 | €23,976 | 48.7% | - |
These companies have the same main activity as YOUNG HAM: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €85,400 and €122,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 26-04-2023Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Establishment unit
- 2.344.596.5028400 Ostend, since 27-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 27-12-2025
Insights on YOUNG HAM
The 2024 annual accounts show equity of €5,043 and a net result of €43. Its solvency ranks better than 30% of 18,733 sector peers (NACE 56, financial year 2024).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about YOUNG HAM
- What is the company number of YOUNG HAM?
- The company number of YOUNG HAM is 0801.160.909. The VAT number is the same number with BE in front: BE 0801.160.909.
- Where is YOUNG HAM based?
- The registered office is at Langestraat 78, 8400 Ostend.Company details
- What does YOUNG HAM do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of YOUNG HAM?
- YOUNG HAM is a private limited company (BV).
- When was YOUNG HAM founded?
- YOUNG HAM was founded on 26-04-2023.
- Is YOUNG HAM still active?
- Yes, YOUNG HAM is an active enterprise in the KBO register.
- How many employees does YOUNG HAM have?
- YOUNG HAM had an average of 0.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of YOUNG HAM?
- The turnover in financial year 2024 is ≈ €230,000. This figure is estimated from the gross margin of €20,766 and 133 comparable companies (NACE 56112). It probably lies between €140,000 and €390,000. It is a rough estimate.
- Is YOUNG HAM profitable?
- In financial year 2024, YOUNG HAM made a profit of €43.
- Where can I find the annual accounts of YOUNG HAM?
- YOUNG HAM filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.