Bankrupt · Opening faillissement (CBE)

YP Projects

BE0685386954

Rechtspersoon Private limited company 1 establishment

YP Projects is a hospitality business in Nijlen. Private Limited, started on 27 November 2017, 1 establishment.

Bevelsesteenweg 158, 2560 Nijlen

Behind the company: Yves Palmans.

Start date

27 November 2017

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 1 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 24 % of short-term debt in 2021; threshold 65 %.

  • 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.

What it is worth Caution

€ -34,704

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

Loss Caution

€ -69,758

Profit after tax over the fiscal year.

Cash in the bank

€ 8,877

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -53,304.

People and assets in 2021

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 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.

Vehicles and equipment

€ 10,797

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt ≈ 3 years to go

€ 83,864

€ 20,345 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 35,554

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

Taxes and wages

€ 7,790

Taxes, VAT and social contributions still to pay.

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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

Yves Palmans
YP Projects

Behind YP Projects is Yves Palmans.

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Directors

According to the 2021 annual accounts

Yves Palmans

bestuurder

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

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)

Frequently asked questions

What does YP Projects do?
YP Projects is a hospitality business in Nijlen. Private Limited, started on 27 November 2017, 1 establishment.
What is the address of YP Projects?
The registered office of YP Projects is located at Bevelsesteenweg 158, 2560 Nijlen.
Is YP Projects still active?
No. The CBE lists YP Projects with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is YP Projects registered on Peppol?
Yes, YP Projects is registered on the Peppol network with ID 0208:0685386954.
What is the enterprise number of YP Projects?
The enterprise number of YP Projects is BE0685386954.
When was YP Projects founded?
YP Projects was founded on 27 November 2017.