YY ELECTRO
ActiveThe computed 12-month bankruptcy probability of YY ELECTRO is 1.8% (moderate). The 2024 annual accounts show equity of €8k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 1330 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency58▲+58
Growth50▲+28
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
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
32.9%
Return on assets
42.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
120 d early
2022
33 d early
2021
61 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€52k▲ 3,701%
2023 · €1k
2021: €52k
2022: €13k
2023: €1k
2021 → 2024
EBIT margin
23.2%▲ 354.4pp
2023 · -331.2%
2021: 25.1%
2022: -77.2%
2023: -331.2%
2021 → 2024
Net result
€10k
2023 · €-5k
2021: €10k
2022: €-10k
2023: €-5k
2021 → 2024
Working capital
€-4k▲ 38.7%
2023 · €-7k
2021: €1k
2022: €-5k
2023: €-7k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€52k-€13k▼ 75.2%€1k▼ 89.3%€52k▲ 3,701%
Equity€12k-€2k▼ 80.7%€-2k€8k
Operating result€13k-€-10k€-5k▲ 53.9%€12k
Net result€10k-€-10k€-5k▲ 53.0%€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €12k after a loss of €5k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €25k
Fixed assets
€12k▲ 170%
Current assets
€13k▲ 515%
Equity and liabilities €25k
Equity
€8k
Debt
€17k
Debt finances 67.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€16k▲
2023 · €-1k
Cash flow
€14k▲
2023 · €-1k
Solvency
32.9%▲
2023 · -34.6%
Current ratio
0.75▲
2023 · 0.23
Quick ratio
0.75▲
2023 · 0.23
Debt / equity
2.04▲
2023 · -3.89
ROE
128.0%
ROA
42.1%▲
2023 · -70.2%
Interest coverage
335.75▲
2023 · -12.03
Debt
€17k▲
2023 · €9k
Debt ≤ 1 year
€17k▲
2023 · €9k
Income taxes
€2k
Staff costs
€204
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€7k€25k▲
Fixed assets21/28€5k€12k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€3k€11k▲
Furniture and vehicles24€3k€11k▲
Current assets29/58€2k€13k▲
Amounts receivable within one year40/41€980€12k▲
Trade receivables40-€10k
Other amounts receivable41€980€2k▲
Cash at bank and in hand54/58€1k€528▼
Equity and liabilities
Total equity and liabilities10/49€7k€25k▲
Equity10/15€-2k€8k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-4k€6k▲
Amounts payable17/49€9k€17k▲
Amounts payable within one year42/48€9k€17k▲
Trade debts44€68€10k▲
Suppliers440/4€68€10k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€9k€5k▼
Income statement
Code20232024
Turnover70€1k€52k▲
Goods, raw materials, services and sundry goods60/61€2k€36k▲
Remuneration, social security and pensions62-€204
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€574€368▼
Gross operating margin9900€-789€16k▲
Operating profit (loss)9901€-5k€12k▲
Financial charges65/66B€113€46▼
Recurring financial charges65€113€46▼
Profit (loss) for the period before taxes9903€-5k€12k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-5k€10k▲
Profit (loss) for the period to be appropriated9905€-5k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€6k▲
Profit (loss) brought forward from the previous period14P€369€-4k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-10k ▼196%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2020
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.
Sint-Lazarusstraat 202060 AntwerpenGround area
91 m²
Building footprint
57 m²
Volume, LiDAR
505 m³
Parcel 11807G0244/00T012, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
YY ELECTRO
since 20202.311.167.134
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0244/00T012 | Flanders | 91 m² | 1 · 57 m² | 10.5 m · 3 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.
Similar companies · same sector, comparable size
WAT-ELEC
BE 0629.992.135
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DATOPC
BE 0892.578.063
Schoten · Eq €8k
B-CONTROLS
BE 0881.086.137
Eeklo · Eq €9k
FNS GROUP
BE 0780.820.603
Schaarbeek · Eq €9k
TECHELEC INFRASTRUCTURE
BE 0725.496.256
Kalmthout · Eq €9k
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 462 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2020
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.