YPESTATE
ActiveSummary
YPESTATE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €489,790 and a net result of €14,068. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 9436 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▲+2
Solvency39▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.51 in 2024; short-term debt: 6.8% and cash: 1.4% of total assets), and 85.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.2%
Return on assets
0.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
44 d early
2023
57 d early
2022
62 d early
2021
34 d early
2020
38 d early
2019
49 d early
← 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 49 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€489,790▲ 3.0%
2024 · €475,722
Total assets
€3.5m▼ 6.7%
2024 · €3.7m
Net result
€14,068▲ 235%
2024 · €4,195
Working capital
-€166,362▼ 45.2%
2024 · -€114,551
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€108,090▼ 15.2%€104,293▼ 3.5%€95,346▼ 8.6%€112,195▲ 17.7%€123,402▲ 10.0%
Net result€74,344within the sector's middle half▼ 2.9%€73,189within the sector's middle half▼ 1.6%€46,556within the sector's middle half▼ 36.4%€4,195within the sector's middle half▼ 91.0%€14,068within the sector's middle half▲ 235%
Equity€416,782within the sector's middle half▲ 11.2%€457,472within the sector's middle half▲ 9.8%€471,528within the sector's middle half▲ 3.1%€475,722within the sector's middle half▲ 0.9%€489,790within the sector's middle half▲ 3.0%
Total assets€1.3mwithin the sector's middle half▼ 4.8%€1.3mwithin the sector's middle half▼ 4.3%€4.5mwithin the sector's middle half▲ 253%€3.7mwithin the sector's middle half▼ 16.8%€3.5mwithin the sector's middle half▼ 6.7%
Debt€903,162▼ 10.7%€805,112▼ 10.9%€4.0m▲ 395%€3.2m▼ 18.9%€3.0m▼ 8.1%
Working capital-€91,056within the sector's middle half▲ 34.2%-€115,996within the sector's middle half▼ 27.4%€10,746within the sector's middle half-€114,551within the sector's middle half-€166,362below the sector's middle half▼ 45.2%
Solvency31.6%within the sector's middle half▲ 4.5pp36.2%within the sector's middle half▲ 4.7pp10.6%within the sector's middle half▼ 25.7pp12.8%within the sector's middle half▲ 2.2pp14.2%within the sector's middle half▲ 1.3pp
Current ratio0.32below the sector's middle half▲ 0.180.24below the sector's middle half▼ 0.081.01within the sector's middle half▲ 0.770.51within the sector's middle half▼ 0.500.29below the sector's middle half▼ 0.22
Return on assets (ROA)5.6%within the sector's middle half▲ 0.1pp5.8%within the sector's middle half▲ 0.2pp1.0%within the sector's middle half▼ 4.8pp0.1%within the sector's middle half▼ 0.9pp0.4%within the sector's middle half▲ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.5m
Fixed assets
€3.4m ▼ 5.4%
Current assets
€68,027 ▼ 43.4%
Equity and liabilities €3.5m
Equity
€489,790 ▲ 3.0%
Debt
€3.0m ▼ 8.1%
Debt's share of the balance-sheet total falls from 87.2% to 85.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€347,693▲
2024 · €331,538
Cash flow
€238,360▲
2024 · €223,538
Debt to equity
6.07▼
2024 · 6.80
ROE
2.9%▲
2024 · 0.9%
Interest coverage
3.30▲
2024 · 3.10
Debt ≤ 1 year
€234,389▼
2024 · €234,724
Debt > 1 year
€2.7m▼
2024 · €3.0m
Income taxes
€4,383▲
2024 · €1,100
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,341 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% | 1.0% |
| 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% 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 4,681 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €86,452 | €86,998 | €116,504 | €219,343 | €224,291 | ▲ 2.3% |
| Other operating charges640/8 | €16,821 | €19,959 | €18,860 | €19,600 | €27,655 | ▲ 41.1% |
| Gross operating margin9900 | €211,363 | €211,250 | €230,711 | €351,138 | €375,348 | ▲ 6.9% |
| Operating profit (loss)9901 | €108,090 | €104,293 | €95,346 | €112,195 | €123,402 | ▲ 10.0% |
| Financial income75/76B | - | - | €1,055 | €0 | €332 | - |
| Recurring financial income75 | - | - | €1,055 | €0 | €332 | - |
| Financial charges65/66B | €9,151 | €7,348 | €34,647 | €106,901 | €105,282 | ▼ 1.5% |
| Recurring financial charges65 | €9,151 | €7,348 | €34,647 | €106,901 | €105,282 | ▼ 1.5% |
| Profit (loss) for the period before taxes9903 | €98,939 | €96,945 | €61,754 | €5,295 | €18,452 | ▲ 249% |
| Income taxes67/77 | €24,595 | €23,756 | €15,198 | €1,100 | €4,383 | ▲ 298% |
| Profit (loss) for the period9904 | €74,344 | €73,189 | €46,556 | €4,195 | €14,068 | ▲ 235% |
| Profit (loss) for the period to be appropriated9905 | €74,344 | €73,189 | €46,556 | €4,195 | €14,068 | ▲ 235% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.3m | €4.5m | €3.7m | €3.5m | ▼ 6.7% |
| Fixed assets21/28 | €1.3m | €1.2m | €3.6m | €3.6m | €3.4m | ▼ 5.4% |
| Tangible fixed assets22/27 | €1.3m | €1.2m | €3.6m | €3.6m | €3.4m | ▼ 5.4% |
| Land and buildings22 | €1.2m | €1.2m | €3.5m | €3.5m | €3.3m | ▼ 5.3% |
| Plant, machinery and equipment23 | €49,340 | €43,944 | €71,346 | €78,814 | €70,229 | ▼ 10.9% |
| Other tangible fixed assets26 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €2,479 | €2,879 | €2,879 | €2,879 | €2,879 | = |
| Current assets29/58 | €43,084 | €37,571 | €887,440 | €120,173 | €68,027 | ▼ 43.4% |
| Amounts receivable within one year40/41 | €42,131 | €5,625 | €49,057 | €27,962 | €21,273 | ▼ 23.9% |
| Trade receivables40 | €41,689 | €1,336 | €0 | €4,062 | €2,667 | ▼ 34.3% |
| Other amounts receivable41 | €442 | €4,289 | €49,057 | €23,900 | €18,606 | ▼ 22.1% |
| Cash at bank and in hand54/58 | €953 | €31,946 | €837,279 | €92,211 | €46,754 | ▼ 49.3% |
| Deferred charges and accrued income490/1 | - | - | €1,104 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.3m | €4.5m | €3.7m | €3.5m | ▼ 6.7% |
| Equity10/15 | €416,782 | €457,472 | €471,528 | €475,722 | €489,790 | ▲ 3.0% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Issued capital100 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Non-distributable reserves130/1 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Legal reserve130 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | €141,782 | €182,472 | €196,528 | €200,722 | €214,790 | ▲ 7.0% |
| Amounts payable17/49 | €903,162 | €805,112 | €4.0m | €3.2m | €3.0m | ▼ 8.1% |
| Amounts payable after more than one year17 | €769,022 | €651,546 | €3.1m | €3.0m | €2.7m | ▼ 8.7% |
| Financial debts170/4 | €769,022 | €651,546 | €3.1m | €3.0m | €2.7m | ▼ 8.7% |
| Amounts payable within one year42/48 | €134,140 | €153,567 | €876,694 | €234,724 | €234,389 | ▼ 0.1% |
| Current portion of amounts payable after more than one year42 | €100,000 | €100,000 | €211,110 | €233,332 | €233,332 | = |
| Trade debts44 | €1,640 | €21,067 | €632,886 | €1,361 | €1,057 | ▼ 22.4% |
| Suppliers440/4 | €1,640 | €21,067 | €632,886 | €1,361 | €1,057 | ▼ 22.4% |
| Taxes, remuneration and social security45 | €0 | - | €198 | €30 | €0 | ▼ 100% |
| Taxes450/3 | €0 | - | €198 | €30 | €0 | ▼ 100% |
| Other amounts payable47/48 | €32,500 | €32,500 | €32,500 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,344 | €73,189 | €46,556 | €4,195 | €14,068 | ▲ 235% |
| + Depreciation and write-downs630 | €86,452 | €86,998 | €116,504 | €219,343 | €224,291 | ▲ 2.3% |
| Operating cash flow (approximation) | €160,796 | €160,187 | €163,060 | €223,538 | €238,360 | ▲ 6.6% |
| Investment in fixed assets (approximation) | - | -€35,151 | -€2.5m | -€239,135 | -€29,306 | ▲ 87.7% |
| Change in cash | - | €30,993 | €805,333 | -€745,068 | -€45,457 | ▲ 93.9% |
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
Next filing, fiscal year 2026, expected by
2026
09-06
State Gazette act
Reappointments: Fabaco BV, Lobeek CommV and KINGET ColettePermanent representatives: D'HULSTER Bart and KINGET Franklin10 facts ▸
State Gazette act
Reappointments: Fabaco BV, Lobeek CommV and KINGET Colette
Permanent representatives: D'HULSTER Bart and KINGET Franklin10 facts ▸
- General meeting, 16-05-2026
- Director reappointment, Fabaco BV (director)
- Permanent representative, D'HULSTER Bart (permanent representative)
- Director reappointment, Lobeek CommV (director)
- Permanent representative, KINGET Franklin (permanent representative)
- Director reappointment, KINGET Colette (director)
- Board meeting, 16-05-2026
- Director reappointment, KINGET Colette (managing director)
- Director reappointment, Fabaco BV (day-to-day manager)
- Director reappointment, Lobeek CommV (day-to-day manager)
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €4,195 ▼91%
Net result drops to €4,195, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 1.01
Current ratio from 0.24 to 1.01.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €76,534 ▲45.6%
Operating result €127,440, net result €76,534, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26073626). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 3
FABACO
CurrentDirector · since 16-05-2026 · Private limited company · perm. rep.: D'HULSTER Bart
KINGET Colette
CurrentDirector · since 16-05-2026
Lobeek
CurrentDirector · since 16-05-2026 · Limited partnership · perm. rep.: KINGET Franklin
Day-to-day management 3
KINGET Colette
CurrentManaging director · since 16-05-2026
FABACO
CurrentDay-to-day manager · since 16-05-2026 · Private limited company · perm. rep.: D'HULSTER Bart
Lobeek
CurrentDay-to-day manager · since 16-05-2026 · Limited partnership · perm. rep.: KINGET Franklin
Permanent representatives 2
D'HULSTER Bart
CurrentPermanent representative · since 16-05-2026 · for FABACO
KINGET Franklin
CurrentPermanent representative · since 16-05-2026 · for Lobeek
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
12 of this company's 13 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ieper · 1 establishment unit since 2000
Ground area
2.2 ha
Building footprint
6,718 m²
Volume, LiDAR
44,563 m³
2 parcels, Flanders · tallest building 13.1 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Potijzestraat 32, 8900 Ieper
since 20002.099.472.156
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33306B0238/00S000 | Flanders | 1.1 ha | 1 · 416 m² | 8.0 m · 2 fl. |
| 33302A0286/00L003 | Flanders | 1.0 ha | 1 · 6,302 m² | 13.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| FABACO |
|
| KINGET Colette |
|
| Lobeek |
|
Articles of association
Who signs
“- Lobeek CommV (Ondernemingsnummer: 0833.170.414), met zetel te Pilkemstraat 19, 8920 Langemark- Poelkapelle, vertegenwoordigd door haar vaste vertegenwoordiger, de heer KINĞET Franklin, wonende te Pilkemstraat 19, 8920 Langemark-Poelkapelle, met functietitel dagelijks bestuurder. Algemene…”
Full text
- Lobeek CommV (Ondernemingsnummer: 0833.170.414), met zetel te Pilkemstraat 19, 8920 Langemark- Poelkapelle, vertegenwoordigd door haar vaste vertegenwoordiger, de heer KINĞET Franklin, wonende te Pilkemstraat 19, 8920 Langemark-Poelkapelle, met functietitel dagelijks bestuurder. Algemene vertegenwoordigingsbevoegdheid In overeenstemming met de statuten wordt de vennootschap in en buiten rechte vertegenwoordigd door de raad van bestuur handelend met al zijn leden, evenals door één gedelegeerd bestuurder samen optredend met één andere bestuurder Dagelijks bestuur Voor daden van dagelijks bestuur wordt de vennootschap geldig vertegenwoordigd door de persoon gelast met het dagelijks bestuur, afzonderlijk optredend (de dagelijks bestuurder en de gedelegeerd bestuurder).
Structure & network
Owners and holdings
1 ownerChain of control
- FABACO
- YPESTATE
Highest known parent: FABACO. The sources do not say who stands above it.
Owners 1
- FABACOparentSourceaccounts FABACO 202580%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
6 connected companiesThis company
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Shareholding
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DAT-ESTATE
Shared corporate director
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DATAPOLIS
Shared corporate director
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HERCHA
Shared corporate director
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SKT
Shared corporate director
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SKT SERVICE
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Company details
Identification
Legal formPublic limited company
Founded14-01-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0469710226
Registered
28-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.