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.
-
Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
YSF GROUP from Gent, company number BE0708996853, closed financial year 2025 with a result of € -98,122 after tax. For that financial year YSF GROUP recorded a gross margin of € -13,715 and equity of € -46,436. Compared with financial year 2024, the result moved from € 27,522 to € -98,122. 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 April 24, 2026.
€ -46,436
▼ € 98,122 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98,122
▼ still € 27,522 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -65,036.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 32,118
▲ 178% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,055
▼ 77% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 66,751
▼ 48% vs 2024
€ 24,919 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,827
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,997
▼ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,638 | € 21,023 | € 105,723 | € -13,715 | ▼ € 119,438 |
| Profit after taxes | € 13,577 | € -513 | € 27,522 | € -98,122 | ▼ € 125,644 |
| Equity | € 24,677 | € 24,164 | € 51,686 | € -46,436 | ▼ € 98,122 |
| Total debts | € 29,116 | € 82,449 | € 154,577 | € 91,720 | ▼ 41% |
| Cash | € 2,517 | € 4,379 | € 20,013 | - | |
| Retained profit | € 6,077 | € 5,564 | € 33,086 | € -65,036 | ▼ € 98,122 |
| Bank debt | € 19,239 | € 73,332 | € 127,743 | € 66,751 | ▼ 48% |
| Balance sheet total | € 53,793 | € 106,613 | € 206,263 | € 45,284 | ▼ 78% |
Key figures of YSF GROUP, 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 April 2027.
What happened to YSF GROUP?
What happened at YSF GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 98,122 (▼ € 125,644 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Yusuf Bicer became a director. NBB
In short
From € 13,577 profit in 2022 to € 98,122 loss in 2025.
Paid € 15,482 in corporate taxes since 2022.
Best year ever: 2024, with € 27,522 profit.
Management
Behind YSF GROUP is Yusuf Bicer.
Directors
According to the 2025 annual accounts
Yusuf Bicer
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Marthe Boëlstraat 17
9032 Gent
Geraard Mercatorstraat 20
9000 Gent
Active since 12 October 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0708.996.853
- VAT number
- BE 0708.996.853
- Registered office
- Marthe Boëlstraat 17, 9032 Gent
- Names & denominations
- YSF GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2018
- Peppol
- Active · Active since 1 Apr 2026
- Activities · NACE
Goederenvervoer over de weg