Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Y from Kortrijk, company number BE0536737721, closed financial year 2025 with a result of € -65,560 after tax. For that financial year Y recorded a gross margin of € -53,849 and equity of € -52,114. Compared with financial year 2024, the result moved from € -10,297 to € -65,560. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -52,114
▼ € 65,560 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -65,560
▼ 537 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,416
▲ € 1,409 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -70,714.
People and assets in 2025
€ 5,514
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 157,056
▲ € 144,164 vs 2024
€ 5,431 is repaid this year. At this pace the long-term loan is gone in ≈ 29 years.
€ 23,184
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 182 | € 28,079 | € -2,871 | € -53,849 | ▼ € 50,977 |
| Profit after taxes | € -1,169 | € 16,523 | € -10,297 | € -65,560 | ▼ € 55,263 |
| Equity | € 7,220 | € 23,743 | € 13,446 | € -52,114 | ▼ € 65,560 |
| Total debts | € 108,338 | € 153,464 | € 181,689 | € 443,140 | ▲ 144% |
| Cash | € 1 | € 595 | € 7 | € 1,416 | ▲ € 1,409 |
| Land & buildings | - | - | - | € 195,036 | |
| Retained profit | € -11,380 | € 5,143 | € -5,154 | € -70,714 | ▼ € 65,560 |
| Bank debt | € 28,705 | € 12,892 | € 12,892 | € 157,056 | ▲ € 144,164 |
| Balance sheet total | € 115,558 | € 177,207 | € 195,135 | € 391,026 | ▲ 100% |
Key figures of Y, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Y?
What happened at Y in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 65,560. filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- David Lesage became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,169 loss in 2022 to € 65,560 loss in 2025.
Paid € 249 in corporate taxes since 2022.
Best year ever: 2023, with € 16,523 profit.
A new publication or filing at Y? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Y are David Lesage and Sofie Allaert. David Lesage is also behind Yunite.
Directors
According to the 2025 annual accounts
since 2013
Sofie Allaert
Director
Establishments
Establishment units
Physical locations of this company
Rodenburgstraat(Mar) 55
8510 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.737.721
- VAT number
- BE 0536.737.721
- Registered office
- Rodenburgstraat(Mar) 55, 8510 Kortrijk
- Names & denominations
- Y
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 2013
- Peppol
- Active · Active since 13 Jan 2026
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