YP PROJECT
ActiveSummary
YP PROJECT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,518 and a net result of €2,117. Its solvency ranks better than 67% of 3,266 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
- Equity
- €7,518
- Profit
- €2,117
Why 68raises riskFounded in 2023Size: total assets €13,591Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 1.55, cash €5,455Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 65% on solvency, 79% on liquidity, 77% on profitability and 81% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 31 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: POLAT Cihan (director)Share transfer
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499116.
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 4% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,421 | €2,490 | ▼ 27.2% |
| Other operating charges640/8 | €483 | €1,221 | ▲ 153% |
| Gross operating margin9900 | €7,009 | €6,699 | ▼ 4.4% |
| Operating profit (loss)9901 | €3,104 | €2,989 | ▼ 3.7% |
| Financial income75/76B | €1 | €0 | ▼ 59.1% |
| Recurring financial income75 | €1 | €0 | ▼ 59.1% |
| Financial charges65/66B | €75 | €135 | ▲ 80.5% |
| Recurring financial charges65 | €75 | €135 | ▲ 80.5% |
| Profit (loss) for the period before taxes9903 | €3,030 | €2,854 | ▼ 5.8% |
| Income taxes67/77 | €629 | €737 | ▲ 17.2% |
| Profit (loss) for the period9904 | €2,401 | €2,117 | ▼ 11.8% |
| Profit (loss) for the period to be appropriated9905 | €2,401 | €2,117 | ▼ 11.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €11,584 | €13,591 | ▲ 17.3% |
| Fixed assets21/28 | €6,668 | €4,179 | ▼ 37.3% |
| Tangible fixed assets22/27 | €6,668 | €4,179 | ▼ 37.3% |
| Plant, machinery and equipment23 | €5,783 | €3,723 | ▼ 35.6% |
| Furniture and vehicles24 | €885 | €455 | ▼ 48.6% |
| Current assets29/58 | €4,915 | €9,412 | ▲ 91.5% |
| Amounts receivable within one year40/41 | €2,757 | €3,393 | ▲ 23.1% |
| Trade receivables40 | €2,757 | €430 | ▼ 84.4% |
| Other amounts receivable41 | €0 | €2,963 | - |
| Cash at bank and in hand54/58 | €2,084 | €5,455 | ▲ 162% |
| Deferred charges and accrued income490/1 | €74 | €563 | ▲ 657% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €11,584 | €13,591 | ▲ 17.3% |
| Equity10/15 | €5,401 | €7,518 | ▲ 39.2% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €2,401 | €4,518 | ▲ 88.2% |
| Amounts payable17/49 | €6,183 | €6,073 | ▼ 1.8% |
| Amounts payable within one year42/48 | €6,183 | €6,073 | ▼ 1.8% |
| Trade debts44 | €2,096 | €355 | ▼ 83.0% |
| Suppliers440/4 | €2,096 | €355 | ▼ 83.0% |
| Taxes, remuneration and social security45 | €4,087 | €5,227 | ▲ 27.9% |
| Taxes450/3 | €4,087 | €4,027 | ▼ 1.5% |
| Remuneration and social security454/9 | €0 | €1,200 | - |
| Other amounts payable47/48 | €0 | €490 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2,401 | €2,117 | ▼ 11.8% |
| + Depreciation and write-downs630 | €3,421 | €2,490 | ▼ 27.2% |
| Operating cash flow (approximation) | €5,822 | €4,606 | ▼ 20.9% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €3,371 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00499116 |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00448803 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| YILDIRIM Olcay |
|
| KILIC Seda |
|
| POLAT Cihan |
|
Owners and capital
Capital and shareholders
- POLAT Cihan to YILDIRIM Olcay 50 shares
- YILDIRIM Olcay 50 shares (50%)
- POLAT Cihan 50 shares (50%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 10-07-2023 Incorporation · €3,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
16-09
Gazette deed
Resignation: POLAT Cihan (director)Share transfer3 facts ▸
- General meeting, 02-09-2025
- Director resignation, POLAT Cihan (director)
- Share transfer, POLAT Cihan → YILDIRIM Olcay
25-09
Gazette deed
Appointment: KILIC Seda (director)2 facts ▸
- General meeting, 04-09-2023
- Director appointment, KILIC Seda (director)
10-07
Gazette deed
IncorporationAppointments: YILDIRIM Olcay (administrateur non statutaire) and POLAT Cihan (administrateur non statutaire) · Founder · Founding capital11 facts ▸
- Incorporation, 05-07-2023
- Founder, YILDIRIM Olcay (comparant)
- Founder, POLAT Cihan (comparant)
- Founding capital, €3,000
- Capital
- Other provision, “conformément à la loi, effectivité dispositions finales et transitoires” (deed in French)
- Registered office clause, “4460 Grâce-Hollogne, rue Mathieu de Lexhy 60/A” (deed in French)
- Other provision, “sera créé ultérieurement, toute communication vers cette adresse par actionnaires,titulaires titres émis par société et titulaires certificats émis avec collabo…” (deed in French)
- Director appointment, YILDIRIM Olcay (administrateur non statutaire)
- Director appointment, POLAT Cihan (administrateur non statutaire)
- Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant,et toutes activités entreprises depuis 2023-03-01 par comparant au nom et pour compte société en formatio…” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62046A0101/00Z000 | Wallonia | 1,036 m² | 1 · 175 m² | 12.4 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- YP PROJECT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, avec ou sans limitation” (deed in French)“2” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, chacun des actionnaires” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur n'aurait été désigné, pour quelque cause et à quelque moment que ce soit” (deed in French)