Y CORR is a holding company in Harelbeke. Public Limited, started on 19 January 2018, 1 establishment.

What is the address of Y CORR?

The registered office of Y CORR is located at Venetiëlaan 30, 8530 Harelbeke.

Is Y CORR still active?

No. The CBE lists Y CORR 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 Y CORR registered on Peppol?

No, Y CORR is currently not registered on the Peppol network.

What is the enterprise number of Y CORR?

The enterprise number of Y CORR is BE0688680006.

When was Y CORR founded?

Y CORR was founded on 19 January 2018.

Who are the directors of Y CORR?

According to the 2023 annual accounts, the directors of Y CORR are: WEST INVEST NV, JC WIBO NV, Caroline Brouwers.

Is Y CORR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 19 January 2018; 3 annual accounts filed, latest fiscal year 2023; 3 directors known from the annual account.

How much profit did Y CORR make in 2023?

Y CORR posted a profit after taxes of € 13,189 in financial year 2023.

What is the revenue of Y CORR?

In its most recent annual accounts (2023), Y CORR reported revenue of € 874,800.

Y CORR (Public Limited) - Harelbeke - BE0688680006

Dossier Y CORR, printed on 29 October 2026 from databakkes.be/en/0688680006/y-corr. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 50 % of short-term debt in 2023; threshold 65 %.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2023

Y CORR from Harelbeke, company number BE0688680006, closed financial year 2023 with a result of € 13,189 after tax. For that financial year Y CORR recorded revenue of € 874,800 and equity of € 2.6 million. Compared with financial year 2022, the result moved from € 184,980 to € 13,189. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2024.

What it is worth Growing

€ 2.6 million

▲ 1% vs 2022

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

Profit Healthy

€ 13,189

▼ 93% vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 78,997

▲ 181% vs 2022

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

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € 620,482.

Debts at end 2023

Bank debt

€ 3.1 million

▲ 4% vs 2022

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 12,758

▼ 83% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.

Taxes

€ 82,190

▼ 4% vs 2022

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	Change 2022 → 2023
Revenue	€ 924,800 Revenue 2021: € 924,800 First fiscal year in the series	€ 974,800 Revenue 2022: € 974,800 ▲ 5% vs 2021 (€ 924,800) Favourable step	€ 874,800 Revenue 2023: € 874,800 ▼ 10% vs 2022 (€ 974,800) Unfavourable step	▼ 10%
Profit after taxes	€ 169,739 Profit after taxes 2021: € 169,739 First fiscal year in the series	€ 184,980 Profit after taxes 2022: € 184,980 ▲ 9% vs 2021 (€ 169,739) Favourable step	€ 13,189 Profit after taxes 2023: € 13,189 ▼ 93% vs 2022 (€ 184,980) Unfavourable step	▼ 93%
Equity	€ 2,394,425 Equity 2021: € 2,394,425 First fiscal year in the series	€ 2,579,405 Equity 2022: € 2,579,405 ▲ 8% vs 2021 (€ 2,394,425) Favourable step	€ 2,592,594 Equity 2023: € 2,592,594 ▲ 1% vs 2022 (€ 2,579,405) Favourable step	▲ 1%
Total debts	€ 6,430,265 Total debts 2021: € 6,430,265 First fiscal year in the series	€ 6,213,508 Total debts 2022: € 6,213,508 ▼ 3% vs 2021 (€ 6,430,265) Favourable step	€ 6,230,397 Total debts 2023: € 6,230,397 Unchanged (€ 6,213,508) Unfavourable step
Cash	€ 40,579 Cash 2021: € 40,579 First fiscal year in the series	€ 28,067 Cash 2022: € 28,067 ▼ 31% vs 2021 (€ 40,579) Unfavourable step	€ 78,997 Cash 2023: € 78,997 ▲ 181% vs 2022 (€ 28,067) Favourable step	▲ 181%
Retained profit	€ 422,313 Retained profit 2021: € 422,313 First fiscal year in the series	€ 607,293 Retained profit 2022: € 607,293 ▲ 44% vs 2021 (€ 422,313) Favourable step	€ 620,482 Retained profit 2023: € 620,482 ▲ 2% vs 2022 (€ 607,293) Favourable step	▲ 2%
Bank debt	€ 2,847,530 Bank debt 2021: € 2,847,530 First fiscal year in the series	€ 3,020,344 Bank debt 2022: € 3,020,344 ▲ 6% vs 2021 (€ 2,847,530) Unfavourable step	€ 3,131,541 Bank debt 2023: € 3,131,541 ▲ 4% vs 2022 (€ 3,020,344) Unfavourable step	▲ 4%
Balance sheet total	€ 8,824,690 Balance sheet total 2021: € 8,824,690 First fiscal year in the series	€ 8,792,913 Balance sheet total 2022: € 8,792,913 Unchanged (€ 8,824,690) Unchanged	€ 8,822,991 Balance sheet total 2023: € 8,822,991 Unchanged (€ 8,792,913) Unchanged

Key figures of Y CORR, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Y CORR?

What happened at Y CORR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Y CORR is active according to the CBE. Legal situation: Opening faillissement.

Jul 16, 2024 New annual accounts for financial year 2023: profit of € 13,189 (▼ 93% vs 2022). Source: NBB ↗
Jan 19, 2018 New establishment in Harelbeke. KBO
Jan 19, 2018 Start of the company according to the CBE. KBO

In short

From € 169,739 profit in 2021 to € 13,189 profit in 2023.

Paid € 133,917 in corporate taxes since 2021.

Best year ever: 2022, with € 184,980 profit.

Pays suppliers within 10 days on average.

Original PDFs at the National Bank ↗

Management

JC WIBO 50%

CAPITAL FOR GROWTH 35%

WEST INVEST 15%

The stake of JC WIBO, CAPITAL FOR GROWTH, WEST INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Y CORR

Boxco 97.1%

Behind Y CORR are WEST INVEST NV, JC WIBO NV and Caroline Brouwers. The shares are held by JC WIBO (50%), CAPITAL FOR GROWTH (35%) and WEST INVEST (15%). It owns 97.1% of Boxco itself.