Financials
Financial year 2025
Y LINE from Tielt, company number BE0777935446, closed financial year 2025 with a result of € 185,510 after tax. For that financial year Y LINE recorded a gross margin of € 911,179 and equity of € 462,802. Compared with financial year 2024, the result moved from € 154,585 to € 185,510. 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 December 24, 2025.
€ 462,802
▲ 67% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 185,510
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 235,640
▲ 176% 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 € 459,802.
People and assets in 2025
5
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 413,309
▲ 24% vs 2024
€ 82,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 598,547
▼ 19% vs 2024
Of which on lease € 445,505.
Debts at end 2025
€ 411,109
▼ 28% vs 2024
€ 162,230 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 245,250
▲ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 89,500
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 409,666 | € 736,987 | € 911,179 | ▲ 24% |
| Profit after taxes | € 119,707 | € 154,585 | € 185,510 | ▲ 20% |
| Equity | € 122,707 | € 277,292 | € 462,802 | ▲ 67% |
| Total debts | € 817,852 | € 928,999 | € 823,218 | ▼ 11% |
| Cash | € 113,165 | € 85,331 | € 235,640 | ▲ 176% |
| Retained profit | € 119,707 | € 274,292 | € 459,802 | ▲ 68% |
| Bank debt | € 559,205 | € 572,964 | € 411,109 | ▼ 28% |
| Balance sheet total | € 940,559 | € 1,206,291 | € 1,286,020 | ▲ 7% |
| Employees (FTE) | 1.5 | 4.7 | 5 | ▲ 0.3 |
Key figures of Y LINE, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Y LINE?
What happened at Y LINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 185,510 (▲ 20% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
- Yentl Vervaeke became a director. NBB
In short
From € 119,707 profit in 2023 to € 185,510 profit in 2025.
Paid € 157,923 in corporate taxes since 2023.
Best year ever: 2025, with € 185,510 profit.
On average € 182,200 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Yentl Vervaeke
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Pittemstraat 157
8760 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0777.935.446
- VAT number
- BE 0777.935.446
- Registered office
- Pittemstraat 157, 8760 Tielt
- Names & denominations
- Y LINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2021
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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