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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
YPSILON CONSTRUCT from Middelkerke, company number BE0742518073, closed financial year 2025 with a result of € 17,275 after tax. For that financial year YPSILON CONSTRUCT recorded a gross margin of € -9,985 and equity of € 768,061. Compared with financial year 2024, the result moved from € -182,439 to € 17,275. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 768,061
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,275
▲ still € 182,439 loss in 2024
Profit after tax over the fiscal year.
€ 469
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 758,061.
Debts at end 2025
€ 240,568
Loans from banks and other lenders, long and short.
€ 873
▼ € 193,991 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 | € 468,131 | € 805,067 | € -182,481 | € -9,985 | ▲ € 172,496 |
| Profit after taxes | € 304,540 | € 603,723 | € -182,439 | € 17,275 | ▲ € 199,714 |
| Equity | € 329,503 | € 933,226 | € 750,787 | € 768,061 | ▲ 2% |
| Total debts | € 1,996,562 | € 443,323 | € 428,275 | € 426,493 | |
| Cash | € 1,871,749 | € 1,285,929 | € 79,310 | € 469 | ▼ 99% |
| Land & buildings | - | - | € 341,600 | € 1,193,872 | ▲ 249% |
| Retained profit | € 319,503 | € 923,226 | € 740,787 | € 758,061 | ▲ 2% |
| Bank debt | € 0 | € 0 | € 0 | € 240,568 | |
| Balance sheet total | € 2,326,065 | € 1,376,549 | € 1,179,061 | € 1,194,555 | ▲ 1% |
Key figures of YPSILON CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to YPSILON CONSTRUCT?
What happened at YPSILON CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,275. filed late Source: NBB ↗
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 304,540 profit in 2022 to € 17,275 profit in 2025.
Paid € 289,712 in corporate taxes since 2022.
Best year ever: 2023, with € 603,723 profit.
Management
Behind YPSILON CONSTRUCT are Pylyser Projects BV and Camiflo BV. The same people are also behind Ypsilon Vastgoed. Camiflo BV is also behind APOTHEEK BULTYNCK and BOFRAST.
Directors
According to the 2025 annual accounts
Director · represented by Frank Bultynck
Also active at: APOTHEEK BULTYNCK, BOFRAST, Ypsilon Vastgoed
Establishments
Establishment units
Physical locations of this company
De Kalkaart 40
8430 Middelkerke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0742.518.073
- VAT number
- BE 0742.518.073
- Registered office
- De Kalkaart 40, 8430 Middelkerke
- Names & denominations
- YPSILON CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2020
- Peppol
- Active · Active since 17 Oct 2025