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YVES

Active
Private limited companyfounded 20241 yr activeGeraardsbergsesteenweg 45D, 9320 Aalst, BelgiumKBO/BCE: BE 1015.919.701
Summary

YVES has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,260 and a net result of €121,260. Its solvency ranks better than 25% of 7900 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes
Profitability98
Solvency49
Growth-
Track record67
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.32; short-term debt: 34.9% and cash: 28.8% of total assets), and 76% of the assets are financed with debt.
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Signals

Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
24%
Return on assets
23.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
28 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 November 2024, YVES was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€123,260
Total assets
€513,792
Net result
€121,260
Working capital
€57,077

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €513,792
Fixed assets €277,493
Current assets €236,300
Equity and liabilities €513,792
Equity €123,260
Debt €390,532
Debt finances 76.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€208,574
Cash flow
€159,032
Current ratio
1.32
Debt to equity
3.17
ROE
98.4%
ROA
23.6%
Interest coverage
24.08
Debt ≤ 1 year
€179,222
Debt > 1 year
€211,310
Income taxes
€43,170
Staff costs
€47,968

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 44 lines
Balance sheet Code2025
Assets
Total assets20/58€513,792
Fixed assets21/28€277,493
Tangible fixed assets22/27€277,493
Plant, machinery and equipment23€161,975
Furniture and vehicles24€115,517
Current assets29/58€236,300
Amounts receivable within one year40/41€87,096
Trade receivables40€85,734
Other amounts receivable41€1,362
Cash at bank and in hand54/58€148,037
Deferred charges and accrued income490/1€1,166
Equity and liabilities
Total equity and liabilities10/49€513,792
Equity10/15€123,260
Contributions10/11€2,000
Reserves13€100,000
Distributable reserves133€100,000
Profit (loss) carried forward14€21,260
Amounts payable17/49€390,532
Amounts payable after more than one year17€211,310
Financial debts170/4€211,310
Amounts payable within one year42/48€179,222
Current portion of amounts payable after more than one year42€31,711
Trade debts44€92,341
Suppliers440/4€92,341
Taxes, remuneration and social security45€55,170
Taxes450/3€49,170
Remuneration and social security454/9€6,000
Income statement Code2025
Remuneration, social security and pensions62€47,968
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,772
Other operating charges640/8€1,359
Gross operating margin9900€257,902
Operating profit (loss)9901€170,803
Financial income75/76B€2,289
Recurring financial income75€2,289
Financial charges65/66B€8,661
Recurring financial charges65€8,661
Profit (loss) for the period before taxes9903€164,431
Income taxes67/77€43,170
Profit (loss) for the period9904€121,260
Profit (loss) for the period to be appropriated9905€121,260
Appropriation of the result
Profit (loss) to be appropriated9906€121,260
Transfer to equity691/2€100,000
To other reserves6921€100,000
Social balance
Average headcount (FTE)90871.0

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€47,968
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,772
Other operating charges640/8€1,359
Gross operating margin9900€257,902
Operating profit (loss)9901€170,803
Financial income75/76B€2,289
Recurring financial income75€2,289
Financial charges65/66B€8,661
Recurring financial charges65€8,661
Profit (loss) for the period before taxes9903€164,431
Income taxes67/77€43,170
Profit (loss) for the period9904€121,260
Profit (loss) for the period to be appropriated9905€121,260
Line2025
Assets
Total assets20/58€513,792
Fixed assets21/28€277,493
Tangible fixed assets22/27€277,493
Plant, machinery and equipment23€161,975
Furniture and vehicles24€115,517
Current assets29/58€236,300
Amounts receivable within one year40/41€87,096
Trade receivables40€85,734
Other amounts receivable41€1,362
Cash at bank and in hand54/58€148,037
Deferred charges and accrued income490/1€1,166
Equity and liabilities
Total equity and liabilities10/49€513,792
Equity10/15€123,260
Contributions10/11€2,000
Reserves13€100,000
Distributable reserves133€100,000
Profit (loss) carried forward14€21,260
Amounts payable17/49€390,532
Amounts payable after more than one year17€211,310
Financial debts170/4€211,310
Amounts payable within one year42/48€179,222
Current portion of amounts payable after more than one year42€31,711
Trade debts44€92,341
Suppliers440/4€92,341
Taxes, remuneration and social security45€55,170
Taxes450/3€49,170
Remuneration and social security454/9€6,000
Line2025
Profit (loss) for the period9904€121,260
+ Depreciation and write-downs630€37,772
Operating cash flow (approximation)€159,032

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
NBB filing
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
Registered office, Aalst · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
723 m²
Parcel 41342B1475/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
Geraardsbergsesteenweg 45D, 9320 Aalst
Construction of residential and non-residential buildings
since 20242.370.288.634
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41342B1475/00E000 Flanders 723 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 7,704 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
43350Other building finishing work
74130Interior design
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015919701
Also 9925:BE1015919701
Registered 16-06-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.