YVAL
InactiveYVAL was declared bankrupt on 30-10-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 25-11-2025, published in the Belgian State Gazette on 01-12-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
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 31-12-2022, 4 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 · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 20-06-2022, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
41 d early
2020
53 d early
2019
87 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€2k▲ 423%
2020 · €409
2018: €3khighest in 4 years
2019: €-3k▼ -193% vs 2018lowest in 4 years
2020: €409▲ +114% vs 2019
2021: €2k▲ +423% vs 2020
2018 → 2021
Total assets
€2k▼ 47.5%
2020 · €5k
2018: €23khighest in 4 years
2019: €5k▼ -80.0% vs 2018
2020: €5k▲ +4.7% vs 2019
2021: €2k▼ -47.5% vs 2020lowest in 4 years
2018 → 2021
Net result
€2k▼ 49.3%
2020 · €3k
2018: €13khighest in 4 years
2019: €-6k▼ -147% vs 2018lowest in 4 years
2020: €3k▲ +155% vs 2019
2021: €2k▼ -49.3% vs 2020
2018 → 2021
Working capital
€2k▲ 423%
2020 · €409
2018: €-3k
2019: €-3k▼ -11.3% vs 2018lowest in 4 years
2020: €409▲ +114% vs 2019
2021: €2k▲ +423% vs 2020highest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€3k-€-3k€409€2k▲ 423%
2018: €3khighest in 4 years
2019: €-3k▼ -193% vs 2018lowest in 4 years
2020: €409▲ +114% vs 2019
2021: €2k▲ +423% vs 2020
Operating result€16k-€-4k€4k€2k▼ 49.8%
2018: €16khighest in 4 years
2019: €-4k▼ -127% vs 2018lowest in 4 years
2020: €4k▲ +201% vs 2019
2021: €2k▼ -49.8% vs 2020
Net result€13k-€-6k€3k€2k▼ 49.3%
2018: €13khighest in 4 years
2019: €-6k▼ -147% vs 2018lowest in 4 years
2020: €3k▲ +155% vs 2019
2021: €2k▼ -49.3% vs 2020
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 50% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €2k
Equity
€2k ▲ 423%
Debt
€348 ▼ 92.0%
Debt's share of the balance-sheet total falls from 91.4% to 14.0%. Equity is higher and debt is lower.
Key figures and ratios
Debt ≤ 1 year
€348▼
2020 · €4k
Income taxes
€0▼
2020 · €128
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2021 against 2020 · 31 lines
Balance sheet
Code20202021
Assets
Total assets20/58€5k€2k▼
Current assets29/58€5k€2k▼
Amounts receivable within one year40/41€5k€2k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€124€563▲
Equity and liabilities
Total equity and liabilities10/49€5k€2k▼
Equity10/15€409€2k▲
Contributions10/11-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-20k€-18k▲
Amounts payable17/49€4k€348▼
Amounts payable within one year42/48€4k€348▼
Trade debts44€862€348▼
Suppliers440/4-€348
Other amounts payable47/48-€0
Accrued charges and deferred income492/3-€0
Income statement
Code20202021
Other operating charges640/8-€348
Gross operating margin9900€5k€3k▼
Operating profit (loss)9901€4k€2k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€457
Recurring financial charges65€816€457▼
Profit (loss) for the period before taxes9903€4k€2k▼
Income taxes67/77€128€0▼
Profit (loss) for the period9904€3k€2k▼
Profit (loss) for the period to be appropriated9905€3k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-18k
Profit (loss) brought forward from the previous period14P-€-20k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €348 | - |
| Gross operating margin9900 | €18k | €-2k | €5k | €3k | ▼ 46.1% |
| Operating profit (loss)9901 | €16k | €-4k | €4k | €2k | ▼ 49.8% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €457 | - |
| Recurring financial charges65 | €2k | €2k | €816 | €457 | ▼ 44.0% |
| Profit (loss) for the period before taxes9903 | €14k | €-6k | €4k | €2k | ▼ 51.1% |
| Income taxes67/77 | €400 | - | €128 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €13k | €-6k | €3k | €2k | ▼ 49.3% |
| Profit (loss) for the period to be appropriated9905 | €13k | €-6k | €3k | €2k | ▼ 49.3% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €23k | €5k | €5k | €2k | ▼ 47.5% |
| Fixed assets21/28 | €6k | - | - | - | - |
| Financial fixed assets28 | €6k | - | - | - | - |
| Current assets29/58 | €17k | €5k | €5k | €2k | ▼ 47.5% |
| Stocks and contracts in progress3 | €11k | - | - | - | - |
| Amounts receivable within one year40/41 | €4k | €5k | €5k | €2k | ▼ 58.3% |
| Other amounts receivable41 | - | - | - | €2k | - |
| Cash at bank and in hand54/58 | €966 | €17 | €124 | €563 | ▲ 353% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €23k | €5k | €5k | €2k | ▼ 47.5% |
| Equity10/15 | €3k | €-3k | €409 | €2k | ▲ 423% |
| Contributions10/11 | €19k | €19k | - | €19k | - |
| Reserves13 | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | - | €2k | - |
| Reserves not available under the articles1311 | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €-17k | €-23k | €-20k | €-18k | ▲ 8.6% |
| Amounts payable17/49 | €19k | €8k | €4k | €348 | ▼ 92.0% |
| Amounts payable within one year42/48 | €19k | €8k | €4k | €348 | ▼ 92.0% |
| Trade debts44 | €6k | €59 | €862 | €348 | ▼ 59.7% |
| Suppliers440/4 | - | - | - | €348 | - |
| Other amounts payable47/48 | - | - | - | €0 | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €-6k | €3k | €2k | ▼ 49.3% |
| Operating cash flow (approximation) | €13k | €-6k | €3k | €2k | ▼ 49.3% |
| Change in cash | - | €-949 | €107 | €439 | ▲ 310% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
01-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 25-11-2025
2023
07-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 30-10-2023
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 7current ratio 7.16
Current ratio from 1.09 to 7.16; short-term debt falls from €4k to €348.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Show earlier events
2015
06-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
10-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
11-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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 | FRANCOIS LIGOT PLACE DU HAUT PRE, 10,
4000 LIEGE 1 |
30-10-2023 → 25-11-2025 |