YSE
ActiveSummary
The computed 12-month bankruptcy probability of YSE is 5.9% (elevated). The 2024 annual accounts show equity of €31k and a net result of €7k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 6717 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77=
Solvency55▼-3
Growth78=
Track record94
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 1.0 against 1.29 in 2023; short-term debt: 52.8% and cash: 0% of total assets), and 69.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.4%
Return on assets
6.7%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d early
2022
28 d early
2021
47 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€31k▲ 28.5%
2023 · €24k
2021: €4k
2022: €19k
2023: €24k
2021 → 2024
Total assets
€102k▲ 38.4%
2023 · €74k
2021: €44k
2022: €57k
2023: €74k
2021 → 2024
Net result
€7k▲ 46.2%
2023 · €5k
2021: €2k
2022: €15k
2023: €5k
2021 → 2024
Working capital
€-140
2023 · €10k
2021: €-4k
2022: €13k
2023: €10k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€4k-€19k▲ 388%€24k▲ 24.2%€31k▲ 28.5%
Operating result€3k-€17k▲ 575%€10k▼ 41.9%€14k▲ 38.2%
Net result€2k-€15k▲ 682%€5k▼ 69.6%€7k▲ 46.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 38% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €102k
Fixed assets
€48k ▲ 71.3%
Current assets
€54k ▲ 18.1%
Equity and liabilities €102k
Equity
€31k ▲ 28.5%
Debt
€71k ▲ 43.3%
Debt's share of the balance-sheet total rises from 67.3% to 69.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2023 · €19k
Cash flow
€26k▲
2023 · €14k
Current ratio
1.00▼
2023 · 1.29
Debt to equity
2.29▲
2023 · 2.06
ROE
22.2%▲
2023 · 19.5%
ROA
6.7%▲
2023 · 6.4%
Interest coverage
8.59▲
2023 · 6.20
Debt ≤ 1 year
€54k▲
2023 · €35k
Debt > 1 year
€17k▲
2023 · €14k
Income taxes
€3k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€74k€102k▲
Fixed assets21/28€28k€48k▲
Tangible fixed assets22/27€28k€48k▲
Furniture and vehicles24€12k€23k▲
Leasing and similar rights25€16k€25k▲
Current assets29/58€45k€54k▲
Amounts receivable within one year40/41€40k€54k▲
Trade receivables40€11k€49k▲
Other amounts receivable41€29k€5k▼
Cash at bank and in hand54/58€5k€16▼
Equity and liabilities
Total equity and liabilities10/49€74k€102k▲
Equity10/15€24k€31k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€22k€29k▲
Amounts payable17/49€50k€71k▲
Amounts payable after more than one year17€14k€17k▲
Financial debts170/4€14k€17k▲
Amounts payable within one year42/48€35k€54k▲
Current portion of amounts payable after more than one year42€10k€15k▲
Trade debts44€16k€31k▲
Suppliers440/4€16k€31k▲
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€10k€8k▼
Income statement
Code20232024
Remuneration, social security and pensions62€168-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€20k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€21k€36k▲
Operating profit (loss)9901€10k€14k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€7k€10k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€5k€7k▲
Profit (loss) for the period to be appropriated9905€5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€29k▲
Profit (loss) brought forward from the previous period14P€17k€22k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €15k ▲682%
Operating result €17k, net result €15k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.63
Current ratio from 0.77 to 1.63.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Schaarbeek · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jules Destréestraat 191030 SchaarbeekGround area
142 m²
Building footprint
112 m²
Volume, LiDAR
1,101 m³
Parcel 21903B0008/00R000, Brussels · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
YSE
since 20212.312.578.087
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21903B0008/00R000 | Brussels | 142 m² | 1 · 112 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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TIME 2 TRANS
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BAYATRA
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,539 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
49420Removal services
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ysesrl@outlook.com