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YPCAR Cy

Active
Public limited companyfounded 2009active for 17 yearsZwaanhofweg 2, 8900 Ieper, BelgiumKBO/BCE: BE 0818.048.609
Summary

YPCAR Cy has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €65,523. Equity is shrinking by about 6% per year across the filed financial years. Its solvency ranks better than 22% of 815 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110
1 site
Size
€4.3mtotal assets 2025
Equity
€1.0m
Profit
€65,523
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Q - CAB · 100%
Accounts 7 days early0 of 13 deeds read
Why 87raises riskLiquidity: current ratio 1.97, cash €9,415, halvedSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskSize: total assets €4.3mFounded in 2009Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (NACE 25, small)
Financial strength · tick = 2024
Average
Solvency 49+4
equity 24.0% of total assets
Liquidity 47=
short-term debt 14.7% · cash 0.2%
Profitability 71+1
return on assets 1.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (748 companies, NACE 25, small)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 1.0%▲ +0.1 percentage points vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.3%▲ +0.3 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -1.2 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.8%▲ +0.3 percentage points vs 08-2026 10-2026: 0.2%▼ -0.6 percentage points vs 09-2026
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.97, compared with 1.81 in 2024, above the usual 1.5; short-term debt: 14.7% and cash: 0.2% of total assets), but 76% of the assets are financed with debt and provisions.
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 25, small): better than 23% on solvency, 53% on liquidity, 48% on profitability and 58% on growth.

The bankruptcy probability was computed on 13-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.97, cash €9,415, halved
NBB · annual accounts
lowers risk · Size: total assets €4.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 815 sector peers (2025).
NBB · sector comparison
Position among 815 sector peers
Solvency
better than 22%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.0m
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 23-06-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
4 days early
2023
9 days early
2022
1 day early
2021
41 days early
2020
21 days early
2019
1 day late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 23 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today30-11-2026 year end30-06-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Equity above €1mequity €1.0m ▲6.8%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €65,523 8 years View
  • Controlled by Q - CAB 100% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Total assets
€4.3m
Profit
€65,523
Solvency
24.0%
Total assets▼ 9.4%
Net result
20182025
Go to Financials

Timeline

Events
19
Since
2011
Next accounts
by 30-06-2027
  1. 21-06-2024Annual accounts filed
  2. 29-06-2023Annual accounts filed
  3. 20-05-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
26-08-2009
Year ends
30-11
Peppol
Reachable for e-invoices
Go to Company details

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