YGARD is a bakery in Couvin. Public Limited, started on 12 January 1994, 1 establishment.

What is the address of YGARD?

The registered office of YGARD is located at Rue des Monts, Peti. 51, 5660 Couvin.

Is YGARD still active?

Yes. According to the CBE (29 October 2026) YGARD is active, legal situation “Normale toestand”, started on 12 January 1994.

Is YGARD registered on Peppol?

Yes, YGARD is registered on the Peppol network with ID 0208:0451773243.

What is the enterprise number of YGARD?

The enterprise number of YGARD is BE0451773243.

When was YGARD founded?

YGARD was founded on 12 January 1994.

Who are the directors of YGARD?

According to the 2025 annual accounts, the directors of YGARD are: MARIA THERESE GIUDICI, YVES GARDIN, JONATHAN VASILAKIS.

Is YGARD a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 January 1994; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did YGARD make in 2025?

YGARD posted a profit after taxes of € 26,208 in financial year 2025.

What is the revenue of YGARD?

As a small company, YGARD is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 395,431.

YGARD (Public Limited) - Couvin - BE0451773243

Dossier YGARD, printed on 29 October 2026 from databakkes.be/en/0451773243/ygard. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

YGARD from Couvin, company number BE0451773243, closed financial year 2025 with a result of € 26,208 after tax. For that financial year YGARD recorded a gross margin of € 395,431 and equity of € 207,966. Compared with financial year 2024, the result moved from € 1,979 to € 26,208. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 13, 2026.

What it is worth Healthy

€ 207,966

▼ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 26,208

▲ € 24,229 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 137,812

▼ 30% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 36,636 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Wage cost

€ 339,101

▲ 3% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 93,471

▲ 251% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 75,820

▲ € 68,552 vs 2024

€ 14,287 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 8,088

▼ 60% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 47,081

▲ 27% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 316,606 Gross margin 2022: € 316,606 First fiscal year in the series	€ 390,772 Gross margin 2023: € 390,772 ▲ 23% vs 2022 (€ 316,606) Favourable step	€ 347,608 Gross margin 2024: € 347,608 ▼ 11% vs 2023 (€ 390,772) Unfavourable step	€ 395,431 Gross margin 2025: € 395,431 ▲ 14% vs 2024 (€ 347,608) Favourable step	▲ 14%
Profit after taxes	€ 4,717 Profit after taxes 2022: € 4,717 First fiscal year in the series	€ 40,707 Profit after taxes 2023: € 40,707 ▲ € 35,990 vs 2022 (€ 4,717) Favourable step	€ 1,979 Profit after taxes 2024: € 1,979 ▼ 95% vs 2023 (€ 40,707) Unfavourable step	€ 26,208 Profit after taxes 2025: € 26,208 ▲ € 24,229 vs 2024 (€ 1,979) Favourable step	▲ € 24,229
Equity	€ 193,701 Equity 2022: € 193,701 First fiscal year in the series	€ 216,415 Equity 2023: € 216,415 ▲ 12% vs 2022 (€ 193,701) Favourable step	€ 218,394 Equity 2024: € 218,394 ▲ 1% vs 2023 (€ 216,415) Favourable step	€ 207,966 Equity 2025: € 207,966 ▼ 5% vs 2024 (€ 218,394) Unfavourable step	▼ 5%
Total debts	€ 120,745 Total debts 2022: € 120,745 First fiscal year in the series	€ 134,046 Total debts 2023: € 134,046 ▲ 11% vs 2022 (€ 120,745) Unfavourable step	€ 66,173 Total debts 2024: € 66,173 ▼ 51% vs 2023 (€ 134,046) Favourable step	€ 133,165 Total debts 2025: € 133,165 ▲ 101% vs 2024 (€ 66,173) Unfavourable step	▲ 101%
Cash	€ 242,631 Cash 2022: € 242,631 First fiscal year in the series	€ 291,702 Cash 2023: € 291,702 ▲ 20% vs 2022 (€ 242,631) Favourable step	€ 197,600 Cash 2024: € 197,600 ▼ 32% vs 2023 (€ 291,702) Unfavourable step	€ 137,812 Cash 2025: € 137,812 ▼ 30% vs 2024 (€ 197,600) Unfavourable step	▼ 30%
Retained profit	€ 130,301 Retained profit 2022: € 130,301 First fiscal year in the series	€ 154,415 Retained profit 2023: € 154,415 ▲ 19% vs 2022 (€ 130,301) Favourable step	€ 156,394 Retained profit 2024: € 156,394 ▲ 1% vs 2023 (€ 154,415) Favourable step	€ 145,966 Retained profit 2025: € 145,966 ▼ 7% vs 2024 (€ 156,394) Unfavourable step	▼ 7%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 16,593 Dividend 2023: € 16,593 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 16,593) Unchanged	€ 36,636 Dividend 2025: € 36,636 Unchanged (€ 0) Unchanged
Bank debt	€ 48,800 Bank debt 2022: € 48,800 First fiscal year in the series	€ 28,173 Bank debt 2023: € 28,173 ▼ 42% vs 2022 (€ 48,800) Favourable step	€ 7,268 Bank debt 2024: € 7,268 ▼ 74% vs 2023 (€ 28,173) Favourable step	€ 75,820 Bank debt 2025: € 75,820 ▲ € 68,552 vs 2024 (€ 7,268) Unfavourable step	▲ € 68,552
Balance sheet total	€ 314,447 Balance sheet total 2022: € 314,447 First fiscal year in the series	€ 350,461 Balance sheet total 2023: € 350,461 ▲ 11% vs 2022 (€ 314,447) Unchanged	€ 284,568 Balance sheet total 2024: € 284,568 ▼ 19% vs 2023 (€ 350,461) Unchanged	€ 341,132 Balance sheet total 2025: € 341,132 ▲ 20% vs 2024 (€ 284,568) Unchanged	▲ 20%

Key figures of YGARD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to YGARD?

What happened at YGARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 13, 2026 New annual accounts for financial year 2025: profit of € 26,208 (▲ € 24,229 vs 2024). Source: NBB ↗
Feb 8, 1994 New establishment in Philippeville. KBO
Jan 12, 1994 Start of the company according to the CBE. KBO

In short

From € 4,717 profit in 2022 to € 26,208 profit in 2025.

Paid € 33,504 in corporate taxes since 2022.

Best year ever: 2023, with € 40,707 profit.

Paid out € 53,229 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

YG-IMMO 49%

The stake of YG-IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

YGARD

Behind YGARD are MARIA THERESE GIUDICI, YVES GARDIN and JONATHAN VASILAKIS. The shares are held by YG-IMMO (49%).

Directors

According to the 2025 annual accounts

MARIA THERESE GIUDICI

Director

YVES GARDIN

Managing director

JONATHAN VASILAKIS

Director

Shareholders

YG-IMMO

49%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue des Monts, Peti. 51

5660 Couvin

2.065.521.661

Place d'Armes 1

5600 Philippeville

Active since 8 February 1994

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

YG-IMMO same network

€ 12,319 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0451.773.243

VAT number

BE 0451.773.243

Registered office

Rue des Monts, Peti. 51, 5660 Couvin

Names & denominations

YGARD

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 January 1994

Peppol

Active · Active since 4 Apr 2025

Activities · NACE

Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk

Artisanale brood- en banketbakkerijen

Detailhandel in brood en banketbakkerswerk (koude bakkers)

Detailhandel in brood-, banketbakkerswerk en suikerwerk

Activiteiten van eetgelegenheden met volledige bediening

Catering van evenementen

Uitzendkoks en verzorgen van feesten en recepties

Restaurants van het traditionele type

View on CBE Public ↗ Annual accounts (NBB) ↗

YGARD

Financials

What happened to YGARD?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions