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 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2021; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
YP Projects from Nijlen, company number BE0685386954, closed financial year 2021 with a result of € -69,758 after tax. For that financial year YP Projects recorded a gross margin of € 55,411 and equity of € -34,704. 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 22, 2022.
€ -34,704
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -69,758
Profit after tax over the fiscal year.
€ 8,877
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -53,304.
People and assets in 2021
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 98,120
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,797
Book value of vehicles, furniture and equipment.
Debts at end 2021
€ 83,864
€ 20,345 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 35,554
Supplier invoices still open on the last day of the fiscal year.
€ 7,790
Taxes, VAT and social contributions still to pay.
What happened to YP Projects?
What happened at YP Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
YP Projects is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: loss of € 69,758. filed late Source: NBB ↗
- New establishment in Nijlen. KBO
- Yves Palmans became a director. NBB
- Start of the company according to the CBE. KBO
Management
Behind YP Projects is Yves Palmans.
Directors
According to the 2021 annual accounts
Yves Palmans
bestuurder
since 2017
Establishments
Establishment units
Physical locations of this company
Bevelsesteenweg 158
2560 Nijlen
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.386.954
- VAT number
- BE 0685.386.954
- Registered office
- Bevelsesteenweg 158, 2560 Nijlen
- Names & denominations
- YP Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 27 November 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Handelsbemiddeling in de groothandel in andere specifieke goederen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)