YTEC
ActiveThe computed 12-month bankruptcy probability of YTEC is 1.5% (moderate). The 2025 annual accounts show equity of €201k and a net result of €13k. Equity is growing by ~46.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 1290 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
71
/ 100
Healthy▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-10
Solvency54▼-46
Growth52=
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 6.44 in 2024), and 71.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
28.5%
Return on assets
1.8%
Age of the figures
8 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 14-04-2026, 108 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
108 d early
2024
6 d early
2023
60 d late
2022
50 d early
2021
141 d early
2020
40 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€201k▲ 6.6%
2024 · €189k
2020: €41k
2021: €60k
2022: €106k
2023: €173k
2024: €189k
2020 → 2025
Total assets
€708k▲ 219%
2024 · €222k
2020: €153k
2021: €151k
2022: €187k
2023: €245k
2024: €222k
2020 → 2025
Net result
€13k▼ 19.5%
2024 · €16k
2020: €36k
2021: €19k
2022: €46k
2023: €67k
2024: €16k
2020 → 2025
Working capital
€47k▼ 73.9%
2024 · €179k
2020: €15k
2021: €38k
2022: €86k
2023: €156k
2024: €179k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€106k▲ 76.3%€173k▲ 63.0%€189k▲ 9.0%€201k▲ 6.6%
Operating result€31k-€63k▲ 103%€91k▲ 44.9%€20k▼ 77.9%€27k▲ 35.4%
Net result€19k-€46k▲ 137%€67k▲ 45.4%€16k▼ 76.7%€13k▼ 19.5%
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 2025; 2025 is 35% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €708k
Fixed assets
€555k▲ 5,780%
Current assets
€153k▼ 28.1%
Equity and liabilities €708k
Equity
€201k▲ 6.6%
Debt
€506k▲ 1,435%
The debt ratio rises from 14.9% to 71.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€49k▲
2024 · €36k
Cash flow
€34k▲
2024 · €31k
Solvency
28.5%▼
2024 · 85.1%
Current ratio
1.44▼
2024 · 6.44
Quick ratio
1.35▼
2024 · 6.14
Debt / equity
2.51▲
2024 · 0.17
ROE
6.2%▼
2024 · 8.3%
ROA
1.8%▼
2024 · 7.0%
Interest coverage
4.97▼
2024 · 136.12
Debt
€506k▲
2024 · €33k
Debt ≤ 1 year
€106k▲
2024 · €33k
Debt > 1 year
€401k
Income taxes
€5k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€222k€708k▲
Fixed assets21/28€9k€555k▲
Tangible fixed assets22/27€8k€553k▲
Land and buildings22-€536k
Plant, machinery and equipment23€6k€16k▲
Furniture and vehicles24€2k€0▼
Financial fixed assets28€2k€3k▲
Current assets29/58€212k€153k▼
Stocks and contracts in progress3€10k€10k▲
Stocks30/36€10k€10k▲
Amounts receivable within one year40/41€30k€60k▲
Trade receivables40€18k€56k▲
Other amounts receivable41€13k€4k▼
Cash at bank and in hand54/58€165k€79k▼
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€222k€708k▲
Equity10/15€189k€201k▲
Contributions10/11€5k€5k=
Reserves13€184k€196k▲
Distributable reserves133€184k€196k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€33k€506k▲
Amounts payable after more than one year17-€401k
Financial debts170/4-€401k
Amounts payable within one year42/48€33k€106k▲
Current portion of amounts payable after more than one year42€0€22k▲
Trade debts44€491€2k▲
Suppliers440/4€491€2k▲
Taxes, remuneration and social security45€1k€5k▲
Taxes450/3€1k€5k▲
Other amounts payable47/48€31k€77k▲
Accrued charges and deferred income492/3-€36
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€22k▲
Other operating charges640/8€717€759▲
Gross operating margin9900€36k€50k▲
Operating profit (loss)9901€20k€27k▲
Financial charges65/66B€262€10k▲
Recurring financial charges65€262€10k▲
Profit (loss) for the period before taxes9903€20k€17k▼
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€16k€13k▼
Profit (loss) for the period to be appropriated9905€16k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€13k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€16k€13k▼
To other reserves6921€16k€13k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
23-03
State Gazette act
General meeting · Director resignation
Director discharge · Share transfer
2025
31-12
Financial
Weakest financial yearnet €13k ▼19.5%
Net result drops to €13k, the lowest in the series.
31-12
Financial
Equity above €200kEq €201k ▲6.6%
6 profitable years in a row build equity to €201k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 6.44
Current ratio from 3.16 to 6.44; short-term debt falls from €72k to €33k.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
31-12
Financial
Highest result since 2020net €67k ▲45.4%
Operating result €91k, net result €67k, both a record.
31-12
Financial
Equity above €150kEq €173k ▲63%
4 profitable years in a row build equity to €173k.
11-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €106k ▲76.3%
3 profitable years in a row build equity to €106k.
12-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB 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, Brasschaat · 1 establishment unit since 2019
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.
Miksebaan 1222930 BrasschaatGround area
206 m²
Building footprint
118 m²
Volume, LiDAR
749 m³
Parcel 11324D0360/00R002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
YTEC
since 20192.295.988.614
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11324D0360/00R002 | Flanders | 206 m² | 1 · 118 m² | 10.5 m · 2 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.
Similar companies · same sector, comparable size
LA COMPAGNIE DES BÂTISSEURS
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VAN BELLEGHEM MATHIEU
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BE 0836.537.205
Ternat · Eq €205k
Of 876 companies in sector 33110 we hold annual accounts for 435. 325 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2019
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
42212Civil engineering
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43310Plastering work
43331Floor and wall tiling
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.