Active BE 0479.120.414Private limited company

YMAX

Rue de Beaulieu 98 ·7021 Mons, Belgium· 23 yrs active

Sector: Wholesale of motor vehicle parts and accessories (46720)

Conclusion Checked

YMAX has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.69M and a net result of €7k. Equity is growing by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 338 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€1.69M
Net result	€7k
Better than sector	73%
Active	23 yrs

Financial profile 5 of 5 axes measured · computed by Checked

66 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 86

Profitability 2

Solvency 92

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.4% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 2002, 23 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

86 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€150k

estimate, not credit advice

Score history

88 2022

88 2023

56 2024

86 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 1.66 (≥ 1.5) +10

Quick ratio Quick ratio 1.46 (≥ 1.0) +5

Leverage Debt/equity 0.40 (< 1.0) +10

Profitability ROE 0% +3

Interest coverage Interest coverage 4.2× (≥ 3×) +8

Profit trend Net profit down YoY -3

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview23 NBB filings

Annual accounts filed on 29-08-2026 with the NBB · fiscal year 2025 · abbreviated schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~20.5%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	64.8%	36.5%	better than 73% of 338 sector peers
Net result	€7k	€44k	better than 32% of 338 sector peers
Equity	€1.69M	€279k	better than 86% of 338 sector peers
Gross operating margin	€195k	€244k	better than 43% of 337 sector peers
Staff costs	€3k	€174k	higher than 5% of 214 sector peers

EBITDA

€162k

-6.4% 22-25

Net profit

€7k

-51.8% 22-25

Cash flow

€114k

-12.3% 22-25

Total assets

€2.61M

+31.9% 22-25

Equity

€1.69M

+70.7% 22-25

Working capital

€71k

- 22-25

Staff costs

€3k

+79.7% 22-25

Income taxes

€18k

-5.1% 22-25

Debt

€669k

-8.2% 22-25

Debt ≤ 1y

€108k

-29.7% 22-25

Debt > 1y

€543k

-2.9% 22-25

Current ratio

1.66

+162.7% 22-25

Quick ratio

1.46

+185.4% 22-25

Solvency

64.8%

+29.4% 22-25

Debt / equity

0.40

-46.2% 22-25

ROE

0.4%

-71.8% 22-25

ROA

0.3%

-63.5% 22-25

Interest coverage

4.18

-8.6% 22-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022
Deposit	abbreviated schema	full schema	full schema	full schema
Revenue	-	-	-	-
EBITDA	€162k	€174k	€280k	€924k
Net profit	€7k	€15k	€134k	€630k
Cash flow	€114k	€131k	€237k	€735k
Staff costs	€3k	€2k	€2k	-
Income taxes	€18k	€18k	€14k	€22k
Dividends	-	-	-	-
Total assets	€2.61M	€1.98M	€2.19M	€1.91M
Equity	€1.69M	€989k	€977k	€847k
Debt	€669k	€729k	€942k	€820k
of which ≤ 1y	€108k	€153k	€331k	€419k
of which > 1y	€543k	€559k	€610k	€400k
Working capital	€71k	€-57k	€112k	€102k
Employees (FTE)	-	-	-	-

Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, full schema), so the columns are not directly comparable.

Ratios (computed)

	2025	2024	2023	2022
Current ratio	1.66	0.63	1.34	1.24
Quick ratio	1.46	0.51	1.27	1.20
Working capital ratio	2.7%	-2.9%	5.1%	5.3%
Solvency	64.8%	50.1%	44.7%	44.3%
Debt / equity	0.40	0.74	0.96	0.97
Long-term debt ratio	0.32	0.57	0.62	0.47
Interest coverage	4.18	4.57	24.18	35.20
Gross margin	-	-	-	-
Net margin	-	-	-	-
ROA	0.3%	0.8%	6.1%	33.0%
ROE	0.4%	1.6%	13.7%	74.4%
EBITDA margin	-	-	-	-
Days sales outstanding	-	-	-	-
Days payable outstanding	-	-	-	-
Inventory turnover	-	-	-	-
Days inventory (DSI)	-	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €2.43M · 93.2% Current assets €179k · 6.9%

Equity & liabilities

Equity €1.69M · 64.8% Provisions €250k · 9.6% Debt €669k · 25.7%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.61M	€1.98M	€2.19M	€1.91M
Fixed assets	21/28	€2.43M	€1.88M	€1.74M	€1.39M
Tangible fixed assets	22/27	€2.43M	€1.88M	€1.74M	€1.39M
Financial fixed assets	28	€219	€219	€219	€219
Current assets	29/58	€179k	€97k	€443k	€520k
Stocks & contracts in progress	3	€21k	€18k	€21k	€20k
Amounts receivable within one year	40/41	€33k	€33k	€50k	€243k
Cash & bank	54/58	€120k	€41k	€372k	€253k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.61M	€1.98M	€2.19M	€1.91M
Equity	10/15	€1.69M	€989k	€977k	€847k
Contributions / capital	10/11	€31k	€31k	€31k	€31k
Reserves	13	€945k	€938k	€922k	€789k
Provisions & deferred taxes	16	€250k	€258k	€266k	€244k
Amounts payable	17/49	€669k	€729k	€942k	€820k
Amounts payable after one year	17	€543k	€559k	€610k	€400k
Amounts payable within one year	42/48	€108k	€153k	€331k	€419k
Trade debts payable within one year	44	€2k	€8k	€218k	€214k
Income statement
Gross operating margin	9900	€195k	€197k	€359k	€950k
Operating result	9901	€55k	€59k	€177k	€819k
Financial income	75	€277	€5k	€3k	€3k
Financial charges	65	€39k	€38k	€12k	€26k
Result before taxes	9903	€17k	€26k	€169k	€796k
Income taxes	67/77	€18k	€18k	€14k	€22k
Net result for the period	9904	€7k	€15k	€134k	€630k
Result to be appropriated	9905	€40k	€48k	€45k	€53k

Directors & mandates 2 directors

Current directors & mandates

Monsieur FORÊT Didier Jean
Director
State Gazette act 22384542 (21-12-2022)

Current
21-12-2022 → present
2 events
- 21-12-2022 Resigned· Director
- 21-12-2022 Appointed· Director
Monsieur HECTOR Benoit Noël Jacques Ghislain
Director
State Gazette act 22384542 (21-12-2022)

Current
21-12-2022 → present
2 events
- 21-12-2022 Resigned· Director
- 21-12-2022 Appointed· Director

Legal Structure

NACE primary	Wholesale of motor vehicle parts and accessories(46720)
Legal form	Private limited company(610)
Incorporation	23-12-2002
Status	Active
Postal code	7021

Establishment units 1 location

YMAX

Rue Georges Mabile 157, 7021 MonsWater transport

since 20032.115.651.657

Real-estate footprint Source: CBE × cadastre

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
53038B0939/00B000	Wallonia	1,597 m²	1 · 163 m²	8.8 m · 2 fl.
53038B0322/00W000	Wallonia	1,106 m²	1 · 138 m²	-

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 14Financial 3Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 29 days late

2025

31-12

Financial Weakest financial yearnet €7k ▼51.8%

Net result drops to €7k, the lowest in the series.

31-12

Financial Liquidity triplescurrent ratio 1.66

Current ratio from 0.63 to 1.66; short-term debt falls from €153k to €108k.

31-12

Financial Equity above €1MEq €1.69M ▲70.7%

4 profitable years in a row build equity to €1.69M.

29-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 29 days late

2024

30-09

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 61 days late

2023

28-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 28 days late

2022

21-12

State Gazette act Statutes amendment

v3.2

23-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 23 days late

2021

30-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 30 days late

2020

15-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 137 days late

2019

20-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

08-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 8 days late

2017

11-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 11 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 3 years ago

2022

21-12-2022 Articles of association amended Statutes amendment

Summary: v3.2

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

45310Wholesale of motor vehicle parts and accessories4672050301Wholesale of industrial chemicals46851Retail sale of automotive fuel473005155093022Beauty treatment96022Beauty care and other beauty treatments96220

Names & trade names

Legal nameFR

YMAX

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