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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Yazzoom from Gent, company number BE0839686834, closed financial year 2025 with a result of € -994,243 after tax. For that financial year Yazzoom recorded a gross margin of € 844,664 and equity of € -43,408. Compared with financial year 2024, the result moved from € -192,187 to € -994,243. 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 November 14, 2025.
€ -43,408
▼ € 511,597 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -994,243
▼ 417 % more loss than in 2024
Profit after tax over the fiscal year.
€ 94,937
▲ 122% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2025
15
▲ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 10% vs 2024
€ 97,500 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.
Debts at end 2025
€ 300,000
▼ 67% vs 2024
Loans from banks and other lenders, long and short.
€ 319,094
▲ 272% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 216,079
▲ 226% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,228,218 | € 1,140,704 | € 1,403,501 | € 844,664 | ▼ 40% |
| Profit after taxes | € 69,538 | € 55,711 | € -192,187 | € -994,243 | ▼ € 802,055 |
| Equity | € 263,582 | € 815,413 | € 468,188 | € -43,408 | ▼ € 511,597 |
| Total debts | € 631,353 | € 602,545 | € 1,110,788 | € 2,094,014 | ▲ 89% |
| Cash | € 92,936 | € 106,712 | € 42,847 | € 94,937 | ▲ 122% |
| Retained profit | € -246,418 | € -190,707 | € -382,894 | € -1,377,137 | ▼ € 994,243 |
| Bank debt | € 508,013 | € 499,500 | € 906,676 | € 300,000 | ▼ 67% |
| Balance sheet total | € 894,935 | € 1,417,958 | € 1,578,976 | € 2,050,606 | ▲ 30% |
| Employees (FTE) | 11.9 | 11.8 | 12.5 | 15 | ▲ 2.5 |
Key figures of Yazzoom, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Yazzoom?
What happened at Yazzoom in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 994,243. filed late Source: NBB ↗
- VBTS stepped down as director. NBB
- Verstraeten I.T.Services stepped down as director. NBB
- Frank Schmidt became a director. NBB
- Christian Debus became a director. NBB
- Capital increase of € 12,917, published in the Gazette. Source: Staatsblad ↗
- Capital increase of € 3,158, published in the Gazette. Source: Staatsblad ↗
- Capital increase of € 40,000, published in the Gazette. Source: Staatsblad ↗
In short
From € 69,538 profit in 2021 to € 994,243 loss in 2025.
Paid € 2,338 in corporate taxes since 2021.
Best year ever: 2021, with € 69,538 profit.
On average € 56,300 of value added per employee in 2025.
Management
Behind Yazzoom are Frank Schmidt and Christian Debus. The shares are held by Process Automation Solutions (100%).
Directors
According to the 2025 annual accounts
since 2025
Christian Debus
Director
since 2023
Managing director · represented by Jan Philemon Verhasselt
since 2011 · until 2025
Managing director · represented by David Isidoor Verstraeten
since 2011 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Moutstraat 88
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- Ludovicus Weyten(inschrijver) 4%
Capital increase
Source: Deed ↗- WEYTEN Ludovicus(inschrijver nieuwe aandelen) 5%
Capital increase
Source: Deed ↗- Jan Verhasselt(inschrijver) 46%
- David Vestraeten(inschrijver) 20.7%
Incorporation
Source: Deed ↗- VERHASSELT Jan Philemon(oprichter) 100%
Details
- Company number
- 0839.686.834
- VAT number
- BE 0839.686.834
- Registered office
- Moutstraat 88, 9000 Gent
- Names & denominations
- Yazzoom
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2011
- Peppol
- Active · Active since 23 Oct 2025
- Activities · NACE
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