YPES

Active Public limited companyfounded 1998active for 28 yearsBargiestraat 14, 8904 YpresKBO/BCE: BE 0462.328.427 subsidiary of FABACO#9 company by staff growth in Ypres, Manufacturing sector

YPES

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 28-05-2026, 64 days before the deadline

€3.4m

▲ 2.2%

€273,435

▲ 5.1%

€411,333

▲ 12.4%

€361,172

▲ 10.4%

67.8%

▲ 3.1 percentage points

2.72

▲ 0.00

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €5.8m. Estimated: probably between €3.9m and €9.6m.

In the rankings #9 company by staff growth in Ypres, Manufacturing sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €3.0m on 31-12-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

67.8%

Higher than 75% of 1,244 companies in 2025.

2.72

Higher than 69% of 1,225 companies in 2025.

7.4%

Higher than 61% of 1,243 companies in 2025.

YPES Middle half of the sector 80% of the sector Abbreviated accounts in fabricated metal products (NACE 25)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

Men and women

Not in that year's accounts.

€73,313

Staff costs divided by the average number of full-time equivalents.

-2 people

people who joined people who left

In 2025, 10 people joined and 12 left. Training hours in 2025: 1,538.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	3.0m	3.0m	2.9m	2.6m	2.8m	2.9m	2.4m	2.4m	2.0m	1.8m	1.6m	1.4m	1.2m	1.9m	1.4m	1.2m	1.1m	1.2m	1.2m	989,901
`21/28`	505,696	372,981	246,491	175,047	186,064	181,331	140,183	160,284	95,841	136,716	179,277	81,540	77,817	69,516	74,284	86,549	135,788	178,789	159,948	123,786
`21`	-	-	-	-	-	-	-	-	-	381	1,861	3,341	4,821	6,301	-	-	726	1,453	2,179	3,259
`22/27`	504,047	371,332	244,842	174,898	185,916	181,182	140,035	160,136	95,693	136,186	177,267	78,050	72,847	63,066	74,135	86,401	134,913	177,187	157,621	120,379
`23`	127,211	177,177	84,469	43,212	51,124	48,681	11,304	25,513	17,968	32,847	46,881	12,600	23,025	5,121	7,388	934	4,010	14,869	28,826	41,663
`24`	347,911	163,955	116,743	74,233	63,453	54,866	58,648	83,701	77,284	102,211	125,280	50,719	25,457	23,842	18,350	25,429	50,226	85,470	112,595	46,807
`26`	28,926	30,199	43,630	57,453	71,339	77,636	70,083	50,921	441	1,128	5,105	14,730	24,365	34,103	48,397	60,037	80,677	76,849	16,200	31,909
`28`	1,649	1,649	1,649	149	149	149	149	149	149	149	149	149	149	149	149	149	149	149	149	149
`284/8`	-	-	-	-	-	-	-	-	-	-	149	149	149	149	-	-	-	-	-	-
`285/8`	-	-	-	-	-	-	-	-	-	-	149	149	149	149	-	-	-	-	-	-
`29/58`	2.5m	2.7m	2.7m	2.4m	2.6m	2.8m	2.2m	2.2m	1.9m	1.7m	1.4m	1.4m	1.2m	1.8m	1.3m	1.1m	918,337	1.0m	1.0m	866,115
`29`	-	-	-	-	-	-	-	-	-	-	-	-	-	214,486	229,686	263,444	286,527	308,884	337,497	342,808
`291`	-	-	-	-	-	-	-	-	-	-	-	-	-	214,486	229,686	263,444	286,527	308,884	337,497	342,808
`3`	4,910	1,838	4,228	10,811	3,110	3,065	17,305	64,237	15,167	2,885	32,149	32,798	18,503	58,321	59,556	23,115	15,759	4,486	18,774	-
`30/36`	4,910	1,838	4,228	2,252	1,170	2,030	4,215	8,342	5,796	2,885	11,374	2,640	10,422	3,454	5,391	4,987	1,421	4,486	5,431	-
`30/31`	-	-	-	-	-	-	-	-	-	-	11,374	2,640	10,422	3,454	-	-	-	-	-	-
`37`	-	-	0	8,560	1,940	1,035	13,090	55,895	9,372	-	20,775	30,159	8,082	54,868	54,165	18,128	14,339	-	13,343	-
`40/41`	762,215	559,438	597,199	645,973	436,382	416,161	362,401	328,179	1.2m	1.2m	883,408	306,571	568,994	352,062	354,844	421,065	285,144	300,504	363,681	354,601
`40`	749,839	492,167	563,854	554,292	428,120	382,514	335,052	307,368	370,172	386,115	349,971	299,544	496,973	334,950	354,789	412,095	272,215	268,341	346,826	322,849
`41`	12,376	67,271	33,345	91,681	8,262	33,647	27,350	20,812	805,287	771,409	533,437	7,028	72,021	17,113	56	8,970	12,929	32,163	16,856	31,752
`50/53`	1.2m	1.7m	1.2m	1.2m	761,432	-	-	-	-	-	40,000	120,000	200,000	100,000	100,000	-	-	390,000	200,000	-
`51/53`	-	-	-	-	-	-	-	-	-	-	40,000	120,000	200,000	100,000	-	-	-	-	-	-
`54/58`	511,583	351,392	800,209	452,108	1.3m	2.3m	1.8m	1.8m	681,250	503,962	493,612	893,681	372,861	1.1m	599,640	414,430	330,337	28,932	94,373	167,467
`490/1`	3,407	5,200	11,065	19,800	33,020	1,261	843	-	-	5,930	54	715	717	2,503	1,303	570	570	380	1,553	1,239
Balance sheet: equity and liabilities
`10/49`	3.0m	3.0m	2.9m	2.6m	2.8m	2.9m	2.4m	2.4m	2.0m	1.8m	1.6m	1.4m	1.2m	1.9m	1.4m	1.2m	1.1m	1.2m	1.2m	989,901
`10/15`	2.1m	2.0m	1.9m	1.9m	1.8m	1.7m	1.7m	1.6m	1.5m	1.3m	1.1m	1.0m	820,682	816,330	637,709	543,629	508,269	498,187	464,363	337,352
`10/11`	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000
`10`	80,000	80,000	80,000	80,000	80,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000
`13`	76,346	76,346	223,696	223,696	223,696	169,346	169,346	168,173	167,701	74,761	75,380	75,999	76,617	77,236	77,870	78,350	79,043	80,281	80,281	74,093
`130/1`	8,000	8,000	8,000	8,000	8,000	8,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000
`132`	56,625	56,625	203,975	203,975	203,975	149,625	149,625	148,453	147,981	55,040	55,659	56,278	56,897	57,516	58,149	58,630	59,323	60,560	60,560	54,372
`133`	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721	11,721
`14`	1.9m	1.8m	1.6m	1.6m	1.5m	1.5m	1.4m	1.3m	1.2m	1.1m	971,375	842,444	648,255	642,520	462,503	367,179	329,338	316,229	279,618	155,495
`15`	7,575	8,446	9,316	10,187	11,058	11,928	11,981	11,913	12,676	13,439	14,283	15,047	15,810	16,573	17,336	18,100	19,888	21,678	24,464	27,764
`16`	2,525	2,815	3,105	3,396	3,686	3,976	5,084	6,313	6,711	7,139	7,789	8,505	9,221	9,937	10,661	11,466	12,902	14,465	15,905	14,296
`168`	2,525	2,815	3,105	3,396	3,686	3,976	5,084	6,313	6,711	7,139	7,789	8,505	9,221	9,937	10,661	11,466	12,902	14,465	15,905	14,296
`17/49`	976,103	1.1m	1.0m	673,372	965,456	1.2m	694,705	793,619	479,821	510,045	479,672	413,311	408,990	1.1m	770,943	654,078	532,955	699,322	695,560	638,252
`17`	43,831	87,662	131,494	175,607	229,209	-	-	-	-	-	-	-	-	-	-	826	826	826	826	826
`170/4`	43,831	87,662	131,494	175,607	229,209	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`178/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	826	826	826	826	826
`42/48`	931,071	982,123	883,148	496,373	733,939	1.2m	692,905	768,623	479,821	510,045	479,672	413,208	408,990	1.1m	770,943	653,252	532,129	698,496	692,129	637,427
`44`	117,127	115,820	109,206	57,981	77,415	56,905	52,117	106,925	43,562	47,004	53,578	35,781	52,874	65,342	84,179	53,661	53,499	79,559	128,448	69,906
`440/4`	117,127	115,820	109,206	57,981	77,415	56,905	52,117	106,925	43,562	47,004	53,578	35,781	52,874	65,342	84,179	53,661	53,499	79,559	128,448	69,906
`45`	683,678	724,482	643,066	392,152	524,988	430,682	384,464	408,178	408,019	452,801	415,854	367,187	318,715	389,850	344,233	296,786	200,943	334,934	326,450	331,008
`450/3`	54,377	36,009	15,989	24,353	32,042	33,164	12,211	12,587	23,146	98,676	10,990	25,709	15,535	17,295	40,021	14,276	26,075	14,123	67,856	21,203
`454/9`	629,301	688,472	627,077	367,799	492,946	397,517	372,253	395,591	384,873	354,125	404,864	341,478	303,180	372,554	304,212	282,510	174,868	320,811	258,594	309,804
`47/48`	130,267	141,821	130,875	46,240	131,535	696,396	256,324	253,520	28,240	10,240	10,240	10,240	37,401	630,689	342,531	302,806	277,687	284,003	237,230	236,513
`492/3`	1,200	1,200	3,026	1,391	2,308	2,189	1,800	24,996	-	-	-	103	-	5,999	-	-	-	-	2,605	-
Income statement
`70/76A`	-	-	-	-	-	-	-	-	-	-	3.1m	2.9m	2.6m	3.1m	-	-	-	-	-	-
`70`	-	-	-	-	-	-	-	-	-	-	3.0m	2.8m	2.5m	3.0m	-	-	-	-	-	-
`71`	-	-	-	-	-	-	-	-	-	-	-9,384	22,077	-46,786	703	-	-	-	-	-	-
`76A`	12,120	500	100	0	1,750	500	413	496	-	450	7,700	2,300	500	500	1,000	826	-	1,957	11,500	1,000
`9900`	3.4m	3.3m	2.8m	2.4m	2.6m	2.3m	2.4m	2.6m	2.6m	2.6m	-	-	-	-	2.0m	1.8m	1.7m	1.9m	1.7m	1.6m
`60/66A`	-	-	-	-	-	-	-	-	-	-	2.9m	2.6m	2.5m	2.8m	-	-	-	-	-	-
`60`	-	-	-	-	-	-	-	-	-	-	170,257	113,058	193,212	236,184	-	-	-	-	-	-
`600/8`	-	-	-	-	-	-	-	-	-	-	178,992	105,276	200,180	234,247	-	-	-	-	-	-
`609`	-	-	-	-	-	-	-	-	-	-	-8,735	7,782	-6,968	1,937	-	-	-	-	-	-
`61`	-	-	-	-	-	-	-	-	-	-	636,438	490,949	496,594	592,097	-	-	-	-	-	-
`62`	3.0m	2.9m	2.5m	2.1m	2.3m	2.1m	2.1m	2.3m	2.3m	2.2m	2.0m	2.0m	1.8m	1.9m	1.8m	1.6m	1.6m	1.7m	1.4m	1.5m
`630`	137,899	105,854	67,193	49,999	52,323	55,720	76,023	62,433	55,709	73,694	54,347	47,073	32,778	30,302	49,779	62,321	78,579	104,621	108,334	84,703
`640/8`	8,349	7,719	7,063	4,748	4,912	4,270	4,168	4,093	4,024	4,411	6,441	3,877	3,759	4,105	3,876	3,820	3,725	3,630	6,650	4,645
`66A`	123	1,363	4,031	10,952	0	754	188	-	-	-	-	-	-	-	700	-	-	1,798	-	2,380
`9901`	273,435	260,068	168,151	160,221	253,035	183,885	186,052	213,218	317,638	231,437	202,320	310,570	40,857	325,022	183,720	90,722	44,835	70,129	201,029	70,801
`75/76B`	26,664	48,785	18,595	22,064	1,703	1,257	3,306	10,514	33,933	32,185	18,909	10,770	27,154	13,566	8,337	8,526	9,211	24,991	18,544	18,432
`75`	26,664	48,785	18,595	22,064	1,703	1,257	3,306	10,514	33,933	32,185	18,909	10,770	27,154	13,566	8,337	8,526	9,211	24,991	18,544	18,432
`751`	-	-	-	-	-	-	-	-	-	-	16,407	9,898	26,158	12,483	-	-	-	-	-	-
`752/9`	-	-	-	-	-	-	-	-	-	-	2,502	872	997	1,083	-	-	-	-	-	-
`65/66B`	4,878	8,992	8,958	8,423	20,542	8,773	8,381	7,904	1,777	1,402	1,829	2,177	36,225	39,591	21,477	27,305	18,443	19,744	20,834	17,193
`65`	4,878	8,992	8,958	8,423	20,542	8,773	8,381	7,904	1,777	1,402	1,829	2,177	36,225	39,591	21,477	27,305	18,443	19,744	20,834	17,193
`650`	-	-	-	-	-	-	-	-	-	-	80	1,046	34,982	38,880	-	-	-	-	-	-
`652/9`	-	-	-	-	-	-	-	-	-	-	1,749	1,131	1,243	711	-	-	-	-	-	-
`9903`	295,221	299,861	177,788	173,862	234,195	176,370	180,977	215,828	349,793	262,220	227,100	321,463	32,286	299,497	170,880	72,769	35,604	75,534	210,239	70,661
`780`	290	290	290	290	290	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	72,238	78,831	34,885	41,478	56,132	45,418	56,983	70,945	129,865	102,991	89,264	118,369	17,647	110,598	66,602	26,817	15,055	30,123	68,080	21,034
`670/3`	-	-	-	-	-	-	-	-	-	-	89,305	118,369	18,159	111,189	-	-	-	-	-	-
`77`	-	-	-	-	-	-	-	-	-	-	41	-	512	592	-	-	-	-	-	-
`9904`	223,273	221,320	143,193	132,675	178,354	132,059	125,223	145,280	220,356	159,879	138,552	203,811	15,356	189,624	105,084	47,388	22,112	46,851	140,551	51,419
`789`	0	147,350	-	0	93,000	-	-	-	59	619	619	619	619	634	792	990	1,238	-	-	-
`689`	-	-	-	0	147,350	818	2,058	472	93,000	-	-	-	-	-	312	297	-	-	6,188	-
`9905`	223,273	368,670	143,193	132,675	124,004	131,242	123,165	144,808	127,416	160,497	139,171	204,430	15,974	190,257	105,564	48,081	23,349	46,851	134,362	51,419
Appropriation of the result
`9906`	2.0m	1.9m	1.7m	1.6m	1.6m	1.5m	1.4m	1.4m	1.2m	1.1m	981,615	852,684	658,495	652,760	472,743	377,419	339,578	326,469	289,858	165,735
`14P`	1.8m	1.6m	1.6m	1.5m	1.5m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	130,267	141,821	130,875	46,240	131,535	47,240	43,240	46,240	28,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240
`694`	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240	10,240
`695`	36,000	36,000	36,000	36,000	60,000	37,000	33,000	36,000	18,000	-	-	-	-	-	-	-	-	-	-	-
`696`	84,027	95,581	84,635	0	61,295	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	40.5	41.4	36.8	35	37.3	35.7	37.7	41.3	40.1	37.9	33.3	32.3	33.9	32.7	30.3	30.4	33.3	33.7	30.8	31.8
Men (FTE)`1003`	-	-	-	-	-	-	-	-	-	-	31.6	30.7	32.2	31.5	-	-	-	-	-	-
Women (FTE)`1003`	-	-	-	-	-	-	-	-	-	-	1.7	1.6	1.7	1.2	-	-	-	-	-	-
Agency workers`1501`	-	-	-	-	-	-	-	-	-	-	2.2	-	0.2	1.9	-	-	-	-	-	-
Hours worked`1013`	58,437	60,851	52,519	44,893	53,907	50,215	52,149	58,472	57,139	54,979	51,369	50,521	47,078	52,688	49,536	45,800	45,748	53,214	47,393	49,233
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The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 20 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 28-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	28-05-2026	2026-00124201	PDF
31-12-2024	abbreviated format	17-06-2025	2025-00150327	PDF
31-12-2023	abbreviated format	04-06-2024	2024-00109415	PDF
31-12-2022	abbreviated format	30-05-2023	2023-00098404	PDF
31-12-2021	abbreviated format	22-06-2022	2022-20087122	PDF
31-12-2020	abbreviated format	23-06-2021	2021-23600417	PDF
31-12-2019	abbreviated format	11-06-2020	2020-16300561	PDF
31-12-2018	abbreviated format	15-07-2019	2019-33000574	PDF
31-12-2017	abbreviated format	11-06-2018	2018-17800013	PDF
31-12-2016	abbreviated format	14-06-2017	2017-17700600	PDF
31-12-2015	full format	06-06-2016	2016-15800460	PDF
31-12-2014	full format	09-06-2015	2015-16100081	PDF
31-12-2013	full format	02-06-2014	2014-14900281	PDF
31-12-2012	full format	30-05-2013	2013-14000422	PDF
31-12-2011	abbreviated format	04-06-2012	2012-14800133	PDF
31-12-2010	abbreviated format	25-05-2011	2011-12500372	PDF
31-12-2009	abbreviated format	27-05-2010	2010-13400322	PDF
31-12-2008	abbreviated format	28-05-2009	2009-17500099	PDF
31-12-2007	abbreviated format	11-06-2008	2008-21400385	PDF
31-12-2006	abbreviated format	11-06-2007	2007-21800324	PDF
31-12-2005	abbreviated format	21-06-2006	2006-27400076	PDF
31-12-2004	abbreviated format	16-06-2005	2005-25900126	PDF
31-12-2003	abbreviated format	11-06-2004	2004-22500191	PDF
31-12-2002	abbreviated format	13-06-2003	2003-22500005	PDF
31-12-2001	abbreviated format	13-06-2002	2002-19700269	PDF
31-12-2000	abbreviated format	14-06-2001	2001-20600025	PDF
31-12-1999	abbreviated format	12-07-2000	2000-38200164	PDF
31-12-1998	abbreviated format	10-06-1999	1999-16403970	PDF

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €9,045 awarded, €9,004 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€9,045

Year	Entries	Awarded	Paid
2025	1	€2,194	€2,641
2024	1	€2,222	€1,814
2023	1	€1,270	€1,499
2022	1	€3,359	€3,050

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
411,333	365,922	235,343	210,220	305,357	239,605	262,076	275,651	373,347	305,130	256,667	357,643	73,635	355,324	233,500	153,043	123,415	174,749	309,363	155,504
361,172	327,174	210,386	182,674	230,676	187,779	201,247	207,714	276,066	233,572	192,900	250,884	48,134	219,926	154,863	109,709	100,691	151,472	248,884	136,122
271,876	233,707	142,668	51,774	57,056	98,108	59,975	126,876	14,835	31,133	152,084	50,796	41,079	25,534	37,514	13,082	35,579	125,609	144,496	82,956
160,191	-448,817	348,101	-887,551	-993,248	493,222	12,991	1.1m	177,289	10,350	-400,069	520,820	-748,396	521,617	185,210	84,093	301,405	-65,441	-73,094	-
1.6m	1.7m	1.8m	1.9m	1.8m	1.6m	1.5m	1.5m	1.4m	1.2m	969,551	940,557	752,086	762,749	574,087	469,372	386,208	334,689	323,750	228,688
-	-	-	-	-	-	-	-	-	-	6.8%	11.1%	1.6%	10.9%	-	-	-	-	-	-
67.8%	64.7%	64.9%	73.5%	64.9%	59.4%	70.4%	66.4%	75.3%	71.4%	70.1%	70.6%	66.2%	42.6%	44.9%	45.0%	48.2%	41.1%	39.5%	34.1%
2.72	2.72	3.01	4.79	3.51	2.33	3.20	2.89	3.90	3.27	3.02	3.28	2.84	1.70	1.74	1.72	1.73	1.48	1.47	1.36
2.71	2.71	3.01	4.77	3.50	2.32	3.18	2.80	3.87	3.27	2.95	3.20	2.79	1.65	1.67	1.68	1.70	1.47	1.44	1.36
0.47	0.54	0.54	0.36	0.54	0.68	0.42	0.50	0.32	0.40	0.42	0.41	0.50	1.34	1.21	1.20	1.05	1.40	1.50	1.89
10.8%	11.3%	7.6%	7.1%	10.0%	7.6%	7.5%	9.2%	14.9%	12.4%	12.1%	20.1%	1.9%	23.2%	16.5%	8.7%	4.4%	9.4%	30.3%	15.2%
7.4%	7.3%	4.9%	5.2%	6.5%	4.5%	5.3%	6.1%	11.2%	8.8%	8.5%	14.2%	1.2%	9.9%	7.4%	3.9%	2.1%	3.9%	12.0%	5.2%
84.33	40.69	26.27	24.96	14.86	-	-	-	-	-	over 100	over 100	2.10	9.14	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-	43 days	39 days	72 days	41 days	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-	24 days	22 days	28 days	29 days	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	42	44	42	33	40
full-time	36	38	36	25	34
part-time	6	6	6	8	6
in full-time equivalents	39.9	42	39.9	30.5	37.9
	40.5	41.4	36.8	35	37.3
On a permanent contract	41	44	42	33	40
Joined	10	11	13	1	9
Left	12	9	5	8	6
Training hours	1,538	1,218	1,051	898	1,079

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
	€75,000	€75,000	€75,000	€75,000	€75,000

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€271,876	€233,707	€141,168	€51,774	€57,056
Financial fixed assets	€0	-	€1,500	-	-
	€137,899	€105,854	€67,193	€49,999	€52,323

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on YPES

The operating result for 2025 is 5% higher than in 2024 and the highest since 2017. It is the third rise in a row, after the fall in 2022.

Debt's share of the balance-sheet total falls from 35.2% to 32.1%. Equity is higher and debt is lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency67.8%

Current ratio2.72

Return on assets7.4%

Staff

Men and women

Staff cost per FTE€73,313

Joined and left-2 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €9,045 awarded, €9,004 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on YPES

Next steps

in €m

in euro

67.8%

2.72

7.4%

€73,313

-2 people