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YZEWIJN Engineering

Active
Private limited companyfounded 20223 yrs activeBijenetersstraat 27, 8530 Harelbeke, BelgiumKBO/BCE: BE 0794.853.236
Summary

YZEWIJN Engineering has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,316 and a net result of €704. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 3507 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability38▼-13
Solvency79▲+29
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.24 in 2024; short-term debt: 39.7% and cash: 0.5% of total assets), and 46.3% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
53.7%
Return on assets
2.2%
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 21-08-2026, 21 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 · 3 filings
Deviation from the deadline
2025
21 d late
2024
2 d early
2023
12 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

YZEWIJN Engineering was incorporated on 15 December 2022 as a Private limited company.1 Total assets fell from EUR 39,399 in 2023 to EUR 32,218 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€17,316▲ 4.2%
2024 · €16,612
Total assets
€32,218▼ 52.4%
2024 · €67,725
Net result
€704▼ 74.6%
2024 · €2,768
Working capital
€14,126▲ 17.4%
2024 · €12,028
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€13,013-€5,806▼ 55.4%€4,980▼ 14.2%
Net result€8,844within the sector's middle half-€2,768within the sector's middle half▼ 68.7%€704within the sector's middle half▼ 74.6%
Equity€13,844within the sector's middle half-€16,612within the sector's middle half▲ 20.0%€17,316within the sector's middle half▲ 4.2%
Total assets€39,399below the sector's middle half-€67,725within the sector's middle half▲ 71.9%€32,218below the sector's middle half▼ 52.4%
Debt€25,555-€51,113▲ 100%€14,901▼ 70.8%
Working capital€12,476within the sector's middle half-€12,028within the sector's middle half▼ 3.6%€14,126within the sector's middle half▲ 17.4%
Solvency35.1%within the sector's middle half-24.5%within the sector's middle half▼ 10.6pp53.7%within the sector's middle half▲ 29.2pp
Current ratio1.58within the sector's middle half-1.24within the sector's middle half▼ 0.342.10within the sector's middle half▲ 0.86
Return on assets (ROA)22.4%within the sector's middle half-4.1%within the sector's middle half▼ 18.4pp2.2%within the sector's middle half▼ 1.9pp
above within below the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2023: €13,013€13,013Net result 2023: €8,844€8,844Operating result 2024: €5,806€5,806Net result 2024: €2,768€2,768Operating result 2025: €4,980€4,980Net result 2025: €704€704202320242025€0€5,000€10,000€15,000Operating result 2023: €13,013€13,000Net result 2023: €8,844€8,840Operating result 2024: €5,806€5,810Net result 2024: €2,768€2,770Operating result 2025: €4,980€4,980Net result 2025: €704€704202320242025
The operating result has fallen two years in a row; 2025 is 14% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,218
Fixed assets €5,287 ▼ 0.9%
Current assets €26,931 ▼ 56.8%
Equity and liabilities €32,218
Equity €17,316 ▲ 4.2%
Debt €14,901 ▼ 70.8%
Debt's share of the balance-sheet total falls from 75.5% to 46.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,429▼
2024 · €6,807
Cash flow
€2,154▼
2024 · €3,769
Debt to equity
0.86▼
2024 · 3.08
ROE
4.1%▼
2024 · 16.7%
Interest coverage
2.02▼
2024 · 3.27
Debt ≤ 1 year
€12,804▼
2024 · €50,363
Income taxes
€1,874▼
2024 · €2,826
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,549 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
1.8% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% 1.7%
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 75% 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 2,549 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 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€67,725€32,218▼
Fixed assets21/28€5,334€5,287▼
Tangible fixed assets22/27€4,934€4,887▼
Land and buildings22€2,733€2,398▼
Furniture and vehicles24€2,200€2,488▲
Financial fixed assets28€400€400=
Current assets29/58€62,391€26,931▼
Amounts receivable within one year40/41€61,934€26,779▼
Trade receivables40€12,705€5,642▼
Other amounts receivable41€49,229€21,138▼
Cash at bank and in hand54/58€370€152▼
Deferred charges and accrued income490/1€88-
Equity and liabilities
Total equity and liabilities10/49€67,725€32,218▼
Equity10/15€16,612€17,316▲
Contributions10/11€5,000€5,000=
Reserves13€8,844€8,844=
Distributable reserves133€8,844€8,844=
Profit (loss) carried forward14€2,768€3,473▲
Amounts payable17/49€51,113€14,901▼
Amounts payable within one year42/48€50,363€12,804▼
Trade debts44€1,801€1,820▲
Suppliers440/4€1,801€1,820▲
Taxes, remuneration and social security45€48,562€10,985▼
Taxes450/3€44,812€10,985▼
Remuneration and social security454/9€3,750-
Accrued charges and deferred income492/3€750€2,097▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,001€1,449▲
Other operating charges640/8€2,954€947▼
Gross operating margin9900€9,762€7,376▼
Operating profit (loss)9901€5,806€4,980▼
Financial income75/76B€1,870€784▼
Recurring financial income75€1,870€784▼
Financial charges65/66B€2,082€3,186▲
Recurring financial charges65€2,082€3,186▲
Profit (loss) for the period before taxes9903€5,595€2,578▼
Income taxes67/77€2,826€1,874▼
Profit (loss) for the period9904€2,768€704▼
Profit (loss) for the period to be appropriated9905€2,768€704▼
Appropriation of the result
Profit (loss) to be appropriated9906€11,612€3,473▼
Profit (loss) brought forward from the previous period14P€8,844€2,768▼
Transfer to equity691/2€8,844-
To other reserves6921€8,844-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,289€1,001€1,449▲ 44.8%
Other operating charges640/8€520€2,954€947▼ 67.9%
Gross operating margin9900€15,823€9,762€7,376▼ 24.4%
Operating profit (loss)9901€13,013€5,806€4,980▼ 14.2%
Financial income75/76B€331€1,870€784▼ 58.1%
Recurring financial income75€331€1,870€784▼ 58.1%
Financial charges65/66B€991€2,082€3,186▲ 53.0%
Recurring financial charges65€991€2,082€3,186▲ 53.0%
Profit (loss) for the period before taxes9903€12,354€5,595€2,578▼ 53.9%
Income taxes67/77€3,510€2,826€1,874▼ 33.7%
Profit (loss) for the period9904€8,844€2,768€704▼ 74.6%
Profit (loss) for the period to be appropriated9905€8,844€2,768€704▼ 74.6%
Line202320242025Change
Assets
Total assets20/58€39,399€67,725€32,218▼ 52.4%
Fixed assets21/28€5,368€5,334€5,287▼ 0.9%
Tangible fixed assets22/27€4,968€4,934€4,887▼ 1.0%
Land and buildings22€3,068€2,733€2,398▼ 12.2%
Furniture and vehicles24€1,900€2,200€2,488▲ 13.1%
Financial fixed assets28€400€400€400=
Current assets29/58€34,031€62,391€26,931▼ 56.8%
Amounts receivable within one year40/41€29,749€61,934€26,779▼ 56.8%
Trade receivables40€11,495€12,705€5,642▼ 55.6%
Other amounts receivable41€18,254€49,229€21,138▼ 57.1%
Cash at bank and in hand54/58-€370€152▼ 59.0%
Deferred charges and accrued income490/1€4,282€88--
Equity and liabilities
Total equity and liabilities10/49€39,399€67,725€32,218▼ 52.4%
Equity10/15€13,844€16,612€17,316▲ 4.2%
Contributions10/11€5,000€5,000€5,000=
Reserves13-€8,844€8,844=
Distributable reserves133-€8,844€8,844=
Profit (loss) carried forward14€8,844€2,768€3,473▲ 25.4%
Amounts payable17/49€25,555€51,113€14,901▼ 70.8%
Amounts payable within one year42/48€21,555€50,363€12,804▼ 74.6%
Trade debts44€10,241€1,801€1,820▲ 1.0%
Suppliers440/4€10,241€1,801€1,820▲ 1.0%
Taxes, remuneration and social security45€11,315€48,562€10,985▼ 77.4%
Taxes450/3€11,315€44,812€10,985▼ 75.5%
Remuneration and social security454/9-€3,750--
Accrued charges and deferred income492/3€4,000€750€2,097▲ 180%
Line202320242025Change
Profit (loss) for the period9904€8,844€2,768€704▼ 74.6%
+ Depreciation and write-downs630€2,289€1,001€1,449▲ 44.8%
Operating cash flow (approximation)€11,133€3,769€2,154▼ 42.9%
Investment in fixed assets (approximation)--€967-€1,402▼ 45.1%
Change in cash---€218-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial Weakest financial yearnet €704 ▼74.6%
Net result drops to €704, the lowest in the series.
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Harelbeke · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
240 m²
Building footprint
99 m²
Parcel 34323D1452/00Z005, Flanders. Linked by address, not a title deed.
1 establishment unit
YZEWIJN Engineering
Bijenetersstraat 27, 8530 HarelbekeInstallation of industrial machinery and equipment
since 20222.339.117.386
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34323D1452/00Z005 Flanders 240 m² 1 · 99 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 686 companies in sector 74112 we hold annual accounts for 312. 145 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
Founded15-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
74112Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794853236
Also 9925:BE0794853236
Registered 02-09-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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