YU OPTIMIZING PEOPLE
InactiveYU OPTIMIZING PEOPLE was declared bankrupt on 05-12-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 18-02-2025, published in the Belgian State Gazette on 21-02-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-07-2023, 20 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
20 d early
2021
3 d early
2020
40 d early
2019
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€36k▼ 43.4%
2021 · €63k
2019: €2k
2020: €3k
2021: €63k
2019 → 2022
Total assets
€84k▼ 8.6%
2021 · €92k
2019: €13k
2020: €21k
2021: €92k
2019 → 2022
Net result
€-27k
2021 · €60k
2019: €-16k
2020: €336
2021: €60k
2019 → 2022
Working capital
€16k▼ 63.7%
2021 · €43k
2019: €2k
2020: €-6k
2021: €43k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€2k-€3k▲ 97.9%€63k▲ 1,875%€36k▼ 43.4%
Operating result€-16k-€522€60k▲ 11,463%€-27k
Net result€-16k-€336€60k▲ 17,679%€-27k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €27k after €60k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €84k
Fixed assets
€21k ▲ 8.1%
Current assets
€63k ▼ 13.1%
Equity and liabilities €84k
Equity
€36k ▼ 43.4%
Debt
€49k ▲ 65.7%
Debt's share of the balance-sheet total rises from 31.9% to 57.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-24k▼
2021 · €63k
Cash flow
€-24k▼
2021 · €62k
Current ratio
1.33▼
2021 · 2.47
Quick ratio
1.27▼
2021 · 2.07
Debt to equity
1.37▲
2021 · 0.47
ROE
-76.7%▼
2021 · 94.9%
ROA
-32.3%▼
2021 · 64.6%
Interest coverage
-33.84▼
2021 · 233.55
Debt ≤ 1 year
€48k▲
2021 · €29k
Income taxes
€36▼
2021 · €353
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 · 2022 against 2021 · 44 lines
Balance sheet
Code20212022
Assets
Total assets20/58€92k€84k▼
Fixed assets21/28€20k€21k▲
Intangible fixed assets21€13k€20k▲
Tangible fixed assets22/27€6k€1k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€4k€0▼
Financial fixed assets28-€365
Current assets29/58€73k€63k▼
Stocks and contracts in progress3€12k€3k▼
Stocks30/36€12k€3k▼
Amounts receivable within one year40/41€32k€45k▲
Trade receivables40€5k€14k▲
Other amounts receivable41€27k€30k▲
Cash at bank and in hand54/58€22k€14k▼
Deferred charges and accrued income490/1€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€92k€84k▼
Equity10/15€63k€36k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€44k€17k▼
Amounts payable17/49€29k€49k▲
Amounts payable within one year42/48€29k€48k▲
Financial debts43€291€77▼
Credit institutions430/8€291€77▼
Trade debts44€20k€46k▲
Suppliers440/4€20k€46k▲
Taxes, remuneration and social security45€6k€389▼
Taxes450/3€6k€389▼
Other amounts payable47/48€3k€890▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€88€1k▲
Non-recurring operating charges66A-€11k
Gross operating margin9900€63k€-11k▼
Operating profit (loss)9901€60k€-27k▼
Financial income75/76B€1€9▲
Recurring financial income75€1€9▲
Financial charges65/66B€269€701▲
Recurring financial charges65€269€701▲
Profit (loss) for the period before taxes9903€60k€-27k▼
Income taxes67/77€353€36▼
Profit (loss) for the period9904€60k€-27k▼
Profit (loss) for the period to be appropriated9905€60k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€17k▼
Profit (loss) brought forward from the previous period14P€-15k€44k▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 18-02-2025
2023
11-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 05-12-2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €60k ▲17,679%
Operating result €60k, net result €60k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 2.47
Current ratio from 0.68 to 2.47.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €336
Net result €336 after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CATHéRINE LANNOY MECHELSESTEENWEG 271/8.1,
2018 ANTWERPEN 1 |
05-12-2023 → 18-02-2025 |
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 9,019 EUR awarded · 9,019 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 9,019 EUR | 9,019 EUR |
Schemes
Vlaams Beschermingsmechanisme 5 (stopgezet)
Corona-compensatiepremie (stopgezet)