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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
YSET from Willebroek, company number BE0652721512, closed financial year 2025 with a result of € -76,867 after tax. For that financial year YSET recorded a gross margin of € -60,254 and equity of € -93,303. Compared with financial year 2024, the result moved from € 47,344 to € -76,867. 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 January 29, 2026.
€ -93,303
▼ € 76,867 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -76,867
▼ still € 47,344 profit in 2024
Profit after tax over the fiscal year.
€ 211
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -111,903.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,484
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14,762
Loans from banks and other lenders, long and short.
€ 88,181
▲ 205% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 853
▲ € 682 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,529 | € -69,500 | € 55,458 | € -60,254 | ▼ € 115,712 |
| Profit after taxes | € 13,353 | € -74,860 | € 47,344 | € -76,867 | ▼ € 124,211 |
| Equity | € 11,079 | € -63,781 | € -16,436 | € -93,303 | ▼ € 76,867 |
| Total debts | € 11,470 | € 126,634 | € 44,027 | € 104,063 | ▲ 136% |
| Cash | € 613 | € 84 | € 2,285 | € 211 | ▼ 91% |
| Retained profit | € -7,521 | € -82,381 | € -35,036 | € -111,903 | ▼ € 76,867 |
| Bank debt | € 4,663 | € 14,474 | € 14,719 | € 14,762 | |
| Balance sheet total | € 22,549 | € 62,853 | € 27,590 | € 10,760 | ▼ 61% |
Key figures of YSET, 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 YSET?
What happened at YSET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 76,867 (▼ € 124,211 vs 2024). Source: NBB ↗
- New establishment in Willebroek. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,353 profit in 2022 to € 76,867 loss in 2025.
Paid € 365 in corporate taxes since 2022.
Best year ever: 2024, with € 47,344 profit.
Management
Behind YSET is YAVAS DUNDAR.
Directors
According to the 2025 annual accounts
YAVAS DUNDAR
Director
Establishments
Establishment units
Physical locations of this company
Vaartstraat 91
2830 Willebroek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0652.721.512
- VAT number
- BE 0652.721.512
- Registered office
- Vaartstraat 91, 2830 Willebroek
- Names & denominations
- YSET
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 21 April 2016
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit