Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
YAELMO from Hove, company number BE0476241195, closed financial year 2024 with a result of € 8.4 million after tax. For that financial year YAELMO recorded a gross margin of € 59,571 and equity of € 46 million. Compared with financial year 2023, the result moved from € 749,764 to € 8.4 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2025.
€ 46 million
▲ 22% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.4 million
▲ € 7.6 million vs 2023
Profit after tax over the fiscal year.
€ 41,062
▼ 23% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 43.5 million.
People and assets in 2024
€ 300,716
▼ 1% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 3.6 million
▼ 14% vs 2023
€ 417,503 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 118,045
▼ 56% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 51,585
▼ 34% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 697,386 | € 1,625,999 | € 59,571 | ▼ 96% |
| Profit after taxes | € 14,230,437 | € 749,764 | € 8,359,929 | ▲ € 7.6 million |
| Equity | € 36,906,189 | € 37,655,953 | € 46,015,882 | ▲ 22% |
| Total debts | € 8,114,059 | € 7,501,917 | € 5,585,555 | ▼ 26% |
| Cash | € 44,315 | € 53,381 | € 41,062 | ▼ 23% |
| Land & buildings | € 6,293,095 | € 6,088,235 | € 12,697,254 | ▲ 109% |
| Retained profit | € 34,406,189 | € 35,155,953 | € 43,515,882 | ▲ 24% |
| Bank debt | € 3,479,287 | € 4,191,300 | € 3,597,642 | ▼ 14% |
| Balance sheet total | € 45,020,247 | € 45,157,870 | € 51,601,437 | ▲ 14% |
| Employees (FTE) | 1 | - | - |
Key figures of YAELMO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to YAELMO?
What happened at YAELMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 8.4 million (▲ € 7.6 million vs 2023). Source: NBB ↗
- SAK Phantom BO became a director. NBB
- New establishment in Hove. KBO
- Start of the company according to the CBE. KBO
In short
From € 14.2 million profit in 2022 to € 8.4 million profit in 2024.
Paid € 272,869 in corporate taxes since 2022.
Best year ever: 2022, with € 14.2 million profit.
On average € 697,400 of value added per employee in 2022.
Management
Behind YAELMO is SAK Phantom BO. It owns 100% of CLM 15 SCI, 100% of Moolec LTD, 50% of Moolec II LLP, 33.3% of Famo, 1.1% of Flying Partners and 0% of Westvlees Group itself.
Directors
According to the 2024 annual accounts
Director · represented by Axel Moorkens
since 2020
Establishments
Establishment units
Physical locations of this company
Mortselsesteenweg 101
2540 Hove
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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€ 641,205 revenue · 2025
AXMOJU
AXYSAMO
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.241.195
- VAT number
- BE 0476.241.195
- Registered office
- Mortselsesteenweg 101, 2540 Hove
- Names & denominations
- YAELMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2001
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
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