YOUSTAFF
InactiveYOUSTAFF was declared bankrupt on 28-03-2023 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 19-11-2024, published in the Belgian State Gazette on 26-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-03-2023 close31-10-2023 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 31-03-2023, 151 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
151 d late
2021
4 d late
2020
30 d late
2019
120 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 76 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Equity
€36,901▲ 47.4%
2021 · €25,038
Total assets
€124,892▲ 113%
2021 · €58,582
Net result
€11,863▲ 20.2%
2021 · €9,866
Working capital
€21,319▲ 119%
2021 · €9,756
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result-€8,276-€11,303€15,305▲ 35.4%€16,457▲ 7.5%
Net result-€10,275-€6,848€9,866▲ 44.1%€11,863▲ 20.2%
Equity€8,325-€15,173▲ 82.3%€25,038▲ 65.0%€36,901▲ 47.4%
Total assets€82,932-€52,040▼ 37.2%€58,582▲ 12.6%€124,892▲ 113%
Debt€74,607-€36,868▼ 50.6%€33,544▼ 9.0%€87,990▲ 162%
Working capital€1,755-€17,938▲ 922%€9,756▼ 45.6%€21,319▲ 119%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2022 is 8% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €124,892
Fixed assets
€15,583 ▲ 2.0%
Current assets
€109,309 ▲ 152%
Equity and liabilities €124,892
Equity
€36,901 ▲ 47.4%
Debt
€87,990 ▲ 162%
Debt's share of the balance-sheet total rises from 57.3% to 70.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18,731▲
2021 · €18,593
Cash flow
€14,137▲
2021 · €13,154
Current ratio
1.24▼
2021 · 1.29
Debt to equity
2.38
ROE
32.1%▼
2021 · 39.4%
ROA
9.5%▼
2021 · 16.8%
Interest coverage
19.12
Debt ≤ 1 year
€87,990▲
2021 · €33,544
Income taxes
€3,617▲
2021 · €3,111
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,360 | €3,288 | €2,274 | ▼ 30.8% |
| Other operating charges640/8 | - | - | - | €628 | - |
| Gross operating margin9900 | €14,207 | €75,222 | €31,820 | €19,359 | ▼ 39.2% |
| Operating profit (loss)9901 | -€8,276 | €11,303 | €15,305 | €16,457 | ▲ 7.5% |
| Financial income75/76B | - | - | - | €2 | - |
| Recurring financial income75 | - | €122 | €4 | €2 | ▼ 45.8% |
| Financial charges65/66B | - | - | - | €979 | - |
| Recurring financial charges65 | €1,999 | €1,523 | €2,333 | €979 | ▼ 58.0% |
| Profit (loss) for the period before taxes9903 | -€10,275 | €9,902 | €12,977 | €15,480 | ▲ 19.3% |
| Income taxes67/77 | - | €3,054 | €3,111 | €3,617 | ▲ 16.3% |
| Profit (loss) for the period9904 | -€10,275 | €6,848 | €9,866 | €11,863 | ▲ 20.2% |
| Profit (loss) for the period to be appropriated9905 | -€10,275 | €6,848 | €9,866 | €11,863 | ▲ 20.2% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €82,932 | €52,040 | €58,582 | €124,892 | ▲ 113% |
| Fixed assets21/28 | €6,570 | €16,010 | €15,282 | €15,583 | ▲ 2.0% |
| Tangible fixed assets22/27 | - | €9,440 | €8,712 | €9,013 | ▲ 3.5% |
| Plant, machinery and equipment23 | - | - | - | €7,200 | - |
| Furniture and vehicles24 | - | - | - | €1,813 | - |
| Financial fixed assets28 | €6,570 | €6,570 | €6,570 | €6,570 | = |
| Current assets29/58 | €76,362 | €36,030 | €43,300 | €109,309 | ▲ 152% |
| Amounts receivable within one year40/41 | €75,803 | €36,026 | €43,289 | €105,425 | ▲ 144% |
| Trade receivables40 | - | - | - | €18,590 | - |
| Other amounts receivable41 | - | - | - | €86,835 | - |
| Cash at bank and in hand54/58 | €559 | €4 | €11 | €6 | ▼ 42.6% |
| Deferred charges and accrued income490/1 | - | - | - | €3,878 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €82,932 | €52,040 | €58,582 | €124,892 | ▲ 113% |
| Equity10/15 | €8,325 | €15,173 | €25,038 | €36,901 | ▲ 47.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - |
| Issued capital100 | - | - | - | €18,600 | - |
| Reserves13 | - | - | €6,438 | €18,301 | ▲ 184% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Legal reserve130 | - | - | - | €1,860 | - |
| Distributable reserves133 | - | - | - | €16,441 | - |
| Profit (loss) carried forward14 | -€10,275 | -€3,427 | -€10,275 | - | - |
| Amounts payable17/49 | €74,607 | €36,868 | €33,544 | €87,990 | ▲ 162% |
| Amounts payable within one year42/48 | €74,607 | €18,093 | €33,544 | €87,990 | ▲ 162% |
| Trade debts44 | €31,891 | €9,264 | €30,345 | €84,373 | ▲ 178% |
| Suppliers440/4 | - | - | - | €84,373 | - |
| Taxes, remuneration and social security45 | - | - | - | €3,617 | - |
| Taxes450/3 | - | - | - | €3,617 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,275 | €6,848 | €9,866 | €11,863 | ▲ 20.2% |
| + Depreciation and write-downs630 | - | €2,360 | €3,288 | €2,274 | ▼ 30.8% |
| Operating cash flow (approximation) | -€10,275 | €9,208 | €13,154 | €14,137 | ▲ 7.5% |
| Investment in fixed assets (approximation) | - | -€11,800 | -€2,560 | -€2,575 | ▼ 0.6% |
| Change in cash | - | -€555 | €7 | -€5 | ▼ 169% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
26-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 19-11-2024
2023
06-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 28-03-2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
31-03
Financial
Highest result since 2019net €11,863 ▲20.2%
Operating result €16,457, net result €11,863, both a record.
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Back to profitnet €6,848
Net result €6,848 after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 120 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICOLAS CLAERHOUT KONING ALBERTSTRAAT 25/1,
9900 EEKLO |
28-03-2023 → 19-11-2024 |