Active BE 0535.999.234Private limited company (pre-2019)Open bankruptcy

YVECA

Nieuwstraat 22 ·8980 Zonnebeke, Belgium· 13 yrs active

Sector: Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen (47110)

Conclusion Checked

A bankruptcy procedure is open for YVECA according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-216k) and a net result of €904.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-216k
Net result	€904
Staff (FTE)	3.5
Better than sector	5%

Financial profile 5 of 5 axes measured · computed by Checked

23 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 38

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2022 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview9 NBB filings

Annual accounts filed on 30-03-2023 with the NBB · fiscal year 2022 · verkort

RevenueOperating resultNet result

Sector comparison

Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-118.3%	23.5%	better than 5% of 919 sector peers
Net result	€904	€26k	better than 31% of 920 sector peers
Equity	€-216k	€147k	better than 5% of 920 sector peers
Gross operating margin	€128k	€196k	better than 39% of 918 sector peers
Staff costs	€93k	€137k	higher than 37% of 708 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€0

- 18-22

EBITDA

€34k

-51.7% 18-22

Net profit

€904

- 18-22

Cash flow

€9k

- 18-22

Total assets

€182k

-15.9% 18-22

Equity

€-216k

+0.4% 18-22

Working capital

€-72k

-2765.7% 18-22

Employees (FTE)

4

-5.4% 18-22

Show 13 other metrics

Staff costs

€93k

- 18-22

Income taxes

€0

-100.0% 18-22

Dividends

€0

- 18-22

Debt

€398k

-8.1% 18-22

Debt ≤ 1y

€253k

+21.1% 18-22

Debt > 1y

€133k

-41.0% 18-22

Current ratio

0.72

-27.6% 18-22

Quick ratio

0.15

-50.1% 18-22

Solvency

-118.3%

-18.4% 18-22

Debt / equity

-1.85

-78.1% 18-22

ROE

-0.4%

- 18-22

ROA

0.5%

- 18-22

Interest coverage

1.36

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	verkort
Revenue	-
EBITDA	€34k
Net profit	€904
Cash flow	€9k
Staff costs	€93k
Income taxes	-
Dividends	-
Total assets	€182k
Equity	€-216k
Debt	€398k
of which ≤ 1y	€253k
of which > 1y	€133k
Working capital	€-72k
Employees (FTE)	3.5

Ratios (computed)

	2022
Current ratio	0.72
Quick ratio	0.15
Working capital ratio	-39.5%
Solvency	-118.3%
Debt / equity	-1.85
Long-term debt ratio	-0.61
Interest coverage	1.36
Gross margin	-
Net margin	-
ROA	0.5%
ROE	-0.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €1k · 0.8% Current assets €181k · 99.2%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€182k
Fixed assets	21/28	€1k
Tangible fixed assets	22/27	€1k
Current assets	29/58	€181k
Stocks & contracts in progress	3	€143k
Amounts receivable within one year	40/41	€21k
Cash & bank	54/58	€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€182k
Equity	10/15	€-216k
Contributions / capital	10/11	€150k
Reserves	13	€147
Accumulated profits (losses)	14	€-366k
Amounts payable	17/49	€398k
Amounts payable after one year	17	€133k
Amounts payable within one year	42/48	€253k
Trade debts payable within one year	44	€131k
Income statement
Gross operating margin	9900	€128k
Operating result	9901	€25k
Financial income	75	€130
Financial charges	65	€25k
Result before taxes	9903	€904
Net result for the period	9904	€904
Result to be appropriated	9905	€904

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	FRANK LESAGE DADIZEELSESTRAAT 35, 8890 MOOR- SLEDE	14-08-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110)
Legal form	Private limited company (pre-2019)(015)
Incorporation	17-06-2013
Status	Active
Postal code	8980
First BS signal	18-08-2023
Latest BS signal	18-08-2023

Establishment units 1 location

Spar Beselare

Nieuwstraat 22, 8980 ZonnebekeDetailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)

since 20132.221.578.528

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
33001E0261/00A002	Flanders	823 m²	1 · 823 m²	7.9 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

18-08-2023

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Ieper · BV YVECA NIEUWSTRAAT 22, 8980 ZONNEBEKE · event 14-08-2023

30-03-2023