Yucel
ActiveYucel has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65k and a net result of €24k. Equity is growing by ~61.1% per year across the filed fiscal years. Its solvency ranks better than 16% of 9582 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
63
/ 100
Healthy▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency18▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.99 in 2023), and 91.3% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
8.7%
Return on assets
3.2%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9582 sector peers (2024).
NBB · sector comparisonPosition among 9582 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-02-2026, 209 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
209 d late
2023
574 d late
2022
940 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€65k▲ 58.3%
2023 · €41k
2022: €15k
2023: €41k
2022 → 2024
Total assets
€747k▲ 21.1%
2023 · €616k
2022: €234k
2023: €616k
2022 → 2024
Net result
€24k▼ 8.8%
2023 · €26k
2022: €-34k
2023: €26k
2022 → 2024
Working capital
€35k
2023 · €-5k
2022: €13k
2023: €-5k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€15k-€41k▲ 177%€65k▲ 58.3%
Operating result€-34k-€38k€33k▼ 12.3%
Net result€-34k-€26k€24k▼ 8.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €747k
Fixed assets
€30k▼ 34.4%
Current assets
€717k▲ 25.6%
Equity and liabilities €747k
Equity
€65k▲ 58.3%
Debt
€682k▲ 18.5%
The debt ratio falls from 93.3% to 91.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€49k▼
2023 · €49k
Cash flow
€40k▲
2023 · €38k
Solvency
8.7%▲
2023 · 6.7%
Current ratio
1.05▲
2023 · 0.99
Quick ratio
0.85▲
2023 · 0.75
Debt / equity
10.48▼
2023 · 14.01
ROE
36.8%▼
2023 · 63.9%
ROA
3.2%▼
2023 · 4.3%
Interest coverage
135.94▲
2023 · 13.70
Debt
€682k▲
2023 · €575k
Debt ≤ 1 year
€682k▲
2023 · €575k
Income taxes
€9k▼
2023 · €10k
Staff costs
€91k▼
2023 · €117k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€616k€747k▲
Fixed assets21/28€46k€30k▼
Tangible fixed assets22/27€46k€30k▼
Plant, machinery and equipment23€10k€2k▼
Furniture and vehicles24€36k€28k▼
Current assets29/58€570k€717k▲
Stocks and contracts in progress3€138k€138k=
Stocks30/36€138k€138k=
Amounts receivable within one year40/41€430k€570k▲
Trade receivables40€429k€519k▲
Other amounts receivable41€1k€52k▲
Cash at bank and in hand54/58€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€616k€747k▲
Equity10/15€41k€65k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€6k€6k=
Profit (loss) carried forward14€35k€59k▲
Amounts payable17/49€575k€682k▲
Amounts payable within one year42/48€575k€682k▲
Financial debts43€48k-
Credit institutions430/8€48k-
Trade debts44€394k€474k▲
Suppliers440/4€394k€474k▲
Taxes, remuneration and social security45€47k€122k▲
Taxes450/3€47k€122k▲
Other amounts payable47/48€86k€86k=
Income statement
Code20232024
Remuneration, social security and pensions62€117k€91k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€16k▲
Other operating charges640/8€13k€8k▼
Gross operating margin9900€179k€148k▼
Operating profit (loss)9901€38k€33k▼
Financial income75/76B€1k€20▼
Recurring financial income75€1k€20▼
Financial charges65/66B€4k€361▼
Recurring financial charges65€4k€361▼
Profit (loss) for the period before taxes9903€36k€33k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€26k€24k▼
Profit (loss) for the period to be appropriated9905€26k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€59k▲
Profit (loss) brought forward from the previous period14P€9k€35k▲
Social balance
Average headcount (FTE)90873.54.1▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
25-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 209 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 574 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 940 days late
2023
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2022
Ozcifci Melike
CurrentBeherende vennoot · since 22-12-2022
22-12-2022
Ozcifci Melike: Appointed as Beherende vennoot
22-12-2022
Yucel Faroek: Resigned as Beherende vennoot
Location & real-estate footprint
Registered office, Hasselt · 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.
Genkersteenweg 763500 HasseltGround area
2,692 m²
Building footprint
1,125 m²
Volume, LiDAR
5,247 m³
Parcel 71323C0471/00L000, Flanders · tallest building 9.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Erman Supermarkt XL
since 20192.296.724.824
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0471/00L000 | Flanders | 2,692 m² | 1 · 1,125 m² | 8.9 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 26,692 EUR awarded · 26,692 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,758 EUR | 7,758 EUR |
| 2024 | 1 | 10,172 EUR | 10,172 EUR |
| 2023 | 1 | 8,762 EUR | 8,762 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.296.724.824
Similar companies · same sector, comparable size
FN
BE 0661.709.650
Kapellen · Eq €65k
Vatan Food
BE 0787.578.929
Zele · Eq €65k
PAK
BE 0473.724.442
Brussel · Eq €65k
GANIYY
BE 0804.691.709
Schaarbeek · Eq €65k
SCHOENMAEKERS
BE 0462.143.434
Bilzen-Hoeselt · Eq €65k
Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 4,609 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded09-08-2017
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.