YUCOPIA
Open bankruptcyFinancials · financial year 2024, micro format
Annual accounts 2024 filed on 23-06-2025 PDF all 5 filings
Equity
-€331,044
2023 · €180,709
Total assets
€1.1m▲ 1.0%
2023 · €1.1m
Net result
-€511,754▲ 12.6%
2023 · -€585,709
Working capital
-€506,982▲ 28.9%
2023 · -€713,103
Multi-year overview
2020 to 2024, 5 financial yearsOperating result
-€443,841
▲ 18.5%
2024
20202024
Net result
-€511,754
▲ 12.6%
2024
lowest quarter of the sector
20202024
Equity
-€331,044
2024
lowest quarter of the sector
20202024
Total assets
€1.1m
▲ 1.0%
2024
highest quarter of the sector
20202024
Debt
€1.4m
▲ 58.8%
2024
20202024
Working capital
-€506,982
▲ 28.9%
2024
lowest quarter of the sector
20202024
Solvency
-30.7%
▼ 47.6pp
2024
lowest quarter of the sector
20202024
Current ratio
0.22
▲ 0.10
2024
lowest quarter of the sector
20202024
Return on assets (ROA)
-47.4%
▲ 7.4pp
2024
lowest quarter of the sector
20202024
Staff (FTE)
2.4
▼ 40.0%
2024
20202024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20202021202220232024
Operating result-€0.1m--€0.3m▼ 93.7%-€0.4m▼ 35.7%-€0.5m▼ 38.4%-€0.4m▲ 18.5%
Net result-€0.05mbelow the sector's middle half--€0.2mbelow the sector's middle half▼ 292%-€0.4mbelow the sector's middle half▼ 116%-€0.6mbelow the sector's middle half▼ 45.3%-€0.5mbelow the sector's middle half▲ 12.6%
Equity-€0.08mbelow the sector's middle half--€0.3mbelow the sector's middle half▼ 235%€0.4mabove the sector's middle half€0.2mabove the sector's middle half▼ 55.0%-€0.3mbelow the sector's middle half
Total assets€0.7mabove the sector's middle half-€1.0mabove the sector's middle half▲ 49.8%€1.4mabove the sector's middle half▲ 36.9%€1.1mabove the sector's middle half▼ 23.9%€1.1mabove the sector's middle half▲ 1.0%
Debt€0.8m-€1.3m▲ 69.1%€1.0m▼ 22.3%€0.9m▼ 11.5%€1.4m▲ 58.8%
Working capital-€0.5mbelow the sector's middle half--€0.7mbelow the sector's middle half▼ 40.7%-€0.2mbelow the sector's middle half▲ 65.9%-€0.7mbelow the sector's middle half▼ 199%-€0.5mbelow the sector's middle half▲ 28.9%
Solvency-11.6%below the sector's middle half--25.9%below the sector's middle half▼ 14.3pp28.6%below the sector's middle half▲ 54.5pp16.9%below the sector's middle half▼ 11.7pp-30.7%below the sector's middle half▼ 47.6pp
Current ratio0.15below the sector's middle half-0.19below the sector's middle half▲ 0.040.56below the sector's middle half▲ 0.370.12below the sector's middle half▼ 0.440.22below the sector's middle half▲ 0.10
Return on assets (ROA)-6.9%below the sector's middle half--18.2%below the sector's middle half▼ 11.2pp-28.7%below the sector's middle half▼ 10.5pp-54.8%below the sector's middle half▼ 26.1pp-47.4%below the sector's middle half▲ 7.4pp
Staff (FTE)3.34▲ 21.2%2.4▼ 40.0%
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a loss of €443,841, smaller than the loss of €544,523 in 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets
€937,483 ▼ 3.4%
Current assets
€141,036 ▲ 43.8%
Equity and liabilities
Equity-€331,044
Debt€1.4m
Equity is negative. Debt (€1.4m) exceeds the balance-sheet total (€1.1m).
Key figures and ratios
EBITDA
-€305,184▲
2023 · -€406,302
Cash flow
-€373,096▲
2023 · -€447,488
Interest coverage
-4.55▲
2023 · -9.81
Debt ≤ 1 year
€648,018▼
2023 · €811,170
Debt > 1 year
€759,849▲
2023 · €68,031
Income taxes
€826▼
2023 · €1,087
Staff costs
€150,209▼
2023 · €265,708
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 2 |
| full-time | 4 | 4 | 1 |
| part-time | 0 | 0 | 1 |
| in full-time equivalents | 4 | 4 | 1.9 |
| Average over the year, in full-time equivalents | 3.3 | 4 | 2.4 |
| On a permanent contract | 4 | 4 | 2 |
| Joined | 3 | - | 0 |
| Left | 1 | - | 2 |
| Training hours | - | - | 0 |
Source: social balance sheet in the 2022 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €0 | €2,590 | - | - |
| Intangible fixed assets | €353,416 | €357,908 | €16,213 | €105,150 |
| Financial fixed assets | €400 | - | - | €900 |
| Depreciation and write-downs of the year | €87,127 | €125,457 | €138,221 | €138,657 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €224 awarded · €224 paidPublic contracts
1 award · 2025
Meerjarige raamovereenkomst 2025 - 2029 voor het implementeren van een SAAS platform voor beheer van bestellingen en activa, voor een maximale geraamde waarde van 20 miljoen EURO en bestaande uit 1 perceel: OC/2024/01/ EDBPG - 1
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4,400 | €0 | - | - |
| Remuneration, social security and pensions62 | - | €14,903 | €186,899 | €265,708 | €150,209 | ▼ 43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,527 | €87,127 | €125,457 | €138,221 | €138,657 | ▲ 0.3% |
| Other operating charges640/8 | - | €868 | €5,312 | €3,333 | €3,177 | ▼ 4.7% |
| Non-recurring operating charges66A | - | - | €1,030 | €0 | - | - |
| Gross operating margin9900 | -€102,708 | -€187,060 | -€74,645 | -€137,261 | -€151,798 | ▼ 10.6% |
| Operating profit (loss)9901 | -€149,675 | -€289,957 | -€393,343 | -€544,523 | -€443,841 | ▲ 18.5% |
| Financial income75/76B | - | €112,358 | €52,964 | €1,322 | €43 | ▼ 96.7% |
| Recurring financial income75 | €103,093 | €112,358 | €52,964 | €1,322 | €43 | ▼ 96.7% |
| Financial charges65/66B | - | €8,664 | €61,983 | €41,421 | €67,129 | ▲ 62.1% |
| Recurring financial charges65 | €928 | €8,664 | €61,983 | €41,421 | €67,129 | ▲ 62.1% |
| Profit (loss) for the period before taxes9903 | -€47,510 | -€186,263 | -€402,363 | -€584,622 | -€510,927 | ▲ 12.6% |
| Income taxes67/77 | - | - | €733 | €1,087 | €826 | ▼ 24.0% |
| Profit (loss) for the period9904 | -€47,510 | -€186,263 | -€403,096 | -€585,709 | -€511,754 | ▲ 12.6% |
| Profit (loss) for the period to be appropriated9905 | -€47,510 | -€186,263 | -€403,096 | -€585,709 | -€511,754 | ▲ 12.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.7m | €1.0m | €1.4m | €1.1m | €1.1m | ▲ 1.0% |
| Fixed assets21/28 | €0.6m | €0.9m | €1.1m | €1.0m | €0.9m | ▼ 3.4% |
| Intangible fixed assets21 | €0.6m | €0.9m | €1.1m | €1.0m | €0.9m | ▼ 3.4% |
| Tangible fixed assets22/27 | €0.002m | €0.001m | €0.003m | €0.002m | €0.001m | ▼ 64.5% |
| Plant, machinery and equipment23 | - | €0.001m | €0.003m | €0.002m | €0.001m | ▼ 64.5% |
| Financial fixed assets28 | - | €400 | €400 | €400 | €0.001m | ▲ 225% |
| Current assets29/58 | €0.09m | €0.2m | €0.3m | €0.1m | €0.1m | ▲ 43.8% |
| Amounts receivable within one year40/41 | €0.07m | €0.2m | €0.2m | €0.09m | €0.1m | ▲ 10.2% |
| Trade receivables40 | - | €0.1m | €0.2m | €0.09m | €0.07m | ▼ 22.4% |
| Other amounts receivable41 | - | €0.03m | €0.02m | €0 | €0.03m | - |
| Cash at bank and in hand54/58 | €0.02m | €0.003m | €0.1m | €0.005m | €0.04m | ▲ 769% |
| Deferred charges and accrued income490/1 | - | €0.003m | €0.002m | €0.005m | €0.003m | ▼ 40.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.7m | €1.0m | €1.4m | €1.1m | €1.1m | ▲ 1.0% |
| Equity10/15 | -€0.08m | -€0.3m | €0.4m | €0.2m | -€0.3m | - |
| Contributions10/11 | - | €0.002m | €1.1m | €1.4m | €1.4m | = |
| Profit (loss) carried forward14 | -€0.08m | -€0.3m | -€0.7m | -€1.3m | -€1.8m | ▼ 40.8% |
| Amounts payable17/49 | €0.8m | €1.3m | €1.0m | €0.9m | €1.4m | ▲ 58.8% |
| Amounts payable after more than one year17 | €0.2m | €0.4m | €0.5m | €0.07m | €0.8m | ▲ 11× |
| Financial debts170/4 | - | €0.4m | €0.5m | €0.07m | €0.8m | ▲ 11× |
| Amounts payable within one year42/48 | €0.6m | €0.9m | €0.5m | €0.8m | €0.6m | ▼ 20.1% |
| Current portion of amounts payable after more than one year42 | - | €0.02m | €0.03m | €0.3m | €0.2m | ▼ 29.4% |
| Financial debts43 | - | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 16.8% |
| Credit institutions430/8 | - | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 1.8% |
| Other loans439 | - | - | €0.01m | €0.02m | €0 | ▼ 100% |
| Trade debts44 | €0.6m | €0.6m | €0.3m | €0.4m | €0.3m | ▼ 12.1% |
| Suppliers440/4 | - | €0.6m | €0.3m | €0.4m | €0.3m | ▼ 12.1% |
| Taxes, remuneration and social security45 | - | €0.002m | €0.03m | €0.03m | €0.02m | ▼ 50.3% |
| Taxes450/3 | - | - | €0.003m | €0.003m | €0.005m | ▲ 30.2% |
| Remuneration and social security454/9 | - | €0.002m | €0.03m | €0.03m | €0.01m | ▼ 60.0% |
| Other amounts payable47/48 | - | €0.1m | €0.04m | €0.009m | €0.006m | ▼ 28.9% |
| Accrued charges and deferred income492/3 | - | €0.02m | €0.009m | €0.008m | €0.002m | ▼ 79.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€47,510 | -€186,263 | -€403,096 | -€585,709 | -€511,754 | ▲ 12.6% |
| + Depreciation and write-downs630 | €45,527 | €87,127 | €125,457 | €138,221 | €138,657 | ▲ 0.3% |
| Operating cash flow (approximation) | -€1,984 | -€99,137 | -€277,639 | -€447,488 | -€373,096 | ▲ 16.6% |
| Investment in fixed assets (approximation) | - | -€353,816 | -€360,498 | -€8,556 | -€106,050 | ▼ 1,140% |
| Change in cash | - | -€15,158 | €124,192 | -€122,633 | €35,779 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 23-06-2025 | 2025-00163782 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00169261 | |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00164369 | |
| 31-12-2021 | micro format | 08-07-2022 | 2022-20186307 | |
| 31-12-2020 | micro format | 12-08-2021 | 2021-48200433 |