Young's
ActiveSummary
Young's has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125,660 and a net result of -€8,368. Equity has been stable since 2018 (±1.8% per year). Its solvency ranks better than 40% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active Normal situation
- Activity
- Joinery installation NACE 43320and 2 others
- Establishment unit
- 2.006.151.723 2640 Mortsel, since 01-10-1963
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Board and ownership
- VAN CLEEMPUT Carl ArmandDirector
- VAN CLEEMPUT Machteld PierreDirector
- CARL VAN CLEEMPUT70%annual accounts 2017
- MACHTELD VAN CLEEMPUT30%annual accounts 2017
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €83,119
- ▼ 28.9%
- Turnover
- ≈ €360,000
- estimated
- Loss
- €8,368
- Equity
- €125,660
- ▼ 6.2%
- Total assets
- €344,858
- ▼ 0.1%
- Employees on 31-12-2025
- 1
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1968Liquidity: current ratio 1.12, cash €49,666Size: total assets €344,858Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 43, micro). It does better than 39% of them on solvency, 51% on liquidity, 22% on profitability and 27% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignations: VAN CLEEMPUT Carl Armand (director) and VAN CLEEMPUT Machteld Pierre (director)Reappointments: VAN CLEEMPUT Carl Armand (director) and VAN CLEEMPUT Machteld Pierre (director)
Comparable companies
These companies have the same main activity as Young's: joinery installation (NACE 43320). They are comparable in size and age: total assets between €275,000 and €354,000, founded between 1967 and 1974.
| Company | Total assets | Gross margin |
|---|---|---|
| Young's Mortsel | €344,858 | €83,119 |
| Delmi Kortrijk | €353,623 | €75,095 |
| AZURIS GROUP Sprimont | €327,207 | €70,407 |
| RONALD ROELS Sint-Niklaas | €353,272 | €97,286 |
| LES ATELIERS André LAKAYE Huy | €344,969 | €66,782 |
| NYS L. Grobbendonk | €344,528 | €59,090 |
| 7AVHR Ukkel | €275,218 | €98,702 |
Key facts about Young's
- What is the company number of Young's?
- The company number of Young's is 0404.620.949. The VAT number is the same number with BE in front: BE 0404.620.949.
- Where is Young's based?
- The registered office is at Deurnestraat 54, 2640 Mortsel.Company details
- What does Young's do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Young's?
- The legal form of Young's is Private limited company (BV).
- When was Young's founded?
- Young's was founded on 01-01-1968.
- Is Young's still active?
- Yes, Young's is an active enterprise in the KBO register.
- How many employees does Young's have?
- Young's had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Young's?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €83,119 and 48 comparable companies (NACE 43320). It probably lies between €240,000 and €530,000. In financial year 2018 turnover was €296,261.
- Is Young's profitable?
- In financial year 2025, Young's made a loss of €8,368.
- Where can I find the annual accounts of Young's?
- Young's filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Young's due?
- Young's must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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