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YSCO

Active
Public limited companyfounded 200026 yrs activeMelkerijstraat 10, 8920 Langemark-Poelkapelle, BelgiumKBO/BCE: BE 0472.336.451
Summary

YSCO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105.87M and a net result of €31.75M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
83 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-1
Solvency94▲+14
Growth74▲+1
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 2.7 against 1.81 in 2024; short-term debt: 30.7% and cash: 11% of total assets), and 31.2% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
68.8%
Return on assets
20.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €105.87M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
30 d early
2024
43 d early
2023
42 d early
2022
27 d early
2021
38 d early
2020
25 d early
2019
15 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema, statutory accounts

Turnover
€475.88M▲ 13.1%
2024 · €420.90M
2018: €245.99M 2019: €247.60M 2020: €276.89M 2021: €281.63M 2022: €326.00M 2023: €421.27M 2024: €420.90M
2018 → 2025
EBIT margin
9.7%▲ 0.6pp
2024 · 9.1%
2018: -0.3% 2019: -0.6% 2020: 1.4% 2021: 0.3% 2022: -3.1% 2023: 12.7% 2024: 9.1%
2018 → 2025
Net result
€31.75M▲ 16.5%
2024 · €27.26M
2018: €-1.84M 2019: €-2.62M 2020: €2.40M 2021: €-1.57M 2022: €-12.09M 2023: €37.72M 2024: €27.26M
2018 → 2025
Working capital
€80.11M▲ 83.2%
2024 · €43.72M
2018: €-493k 2019: €-859k 2020: €1.53M 2021: €-4.09M 2022: €-16.68M 2023: €20.12M 2024: €43.72M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€281.63M-€326.00M▲ 15.8%€421.27M▲ 29.2%€420.90M▼ 0.1%€475.88M▲ 13.1%
Equity€12.61M-€526k▼ 95.8%€38.24M▲ 7,165%€65.50M▲ 71.3%€105.87M▲ 61.6%
Operating result€950k-€-10.08M€53.47M€38.40M▼ 28.2%€46.14M▲ 20.1%
Net result€-1.57M-€-12.09M▼ 671%€37.72M€27.26M▼ 27.7%€31.75M▲ 16.5%
Result per fiscal year
Operating resultNet result
€-20.00M€0€20.00M€40.00M€60.00MOperating result 2021: €950k€950kNet result 2021: €-1.57M€-1.57MOperating result 2022: €-10.08M€-10.08MNet result 2022: €-12.09M€-12.09MOperating result 2023: €53.47M€53.47MNet result 2023: €37.72M€37.72MOperating result 2024: €38.40M€38.40MNet result 2024: €27.26M€27.26MOperating result 2025: €46.14M€46.14MNet result 2025: €31.75M€31.75M20212022202320242025€0€20M€40M€60MOperating result 2023: €53.47M€53MNet result 2023: €37.72M€38MOperating result 2024: €38.40M€38MNet result 2024: €27.26M€27MOperating result 2025: €46.14M€46MNet result 2025: €31.75M€32M202320242025
The operating result recovers in 2025; 2025 is 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153.86M
Fixed assets €26.57M ▲ 18.9%
Current assets €127.29M ▲ 30.2%
Equity and liabilities €153.86M
Equity €105.87M ▲ 61.6%
Provisions €123k ▲ 399%
Debt €47.86M ▼ 12.3%
Debt's share of the balance-sheet total falls from 45.4% to 31.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50.94M
2024 · €41.82M
Cash flow
€36.55M
2024 · €30.67M
Current ratio
2.70
2024 · 1.81
Quick ratio
1.34
2024 · 0.99
Debt to equity
0.45
2024 · 0.83
ROE
30.0%
2024 · 41.6%
ROA
20.6%
2024 · 22.7%
Interest coverage
18.41
2024 · 26.60
Debt ≤ 1 year
€47.18M
2024 · €54.03M
Income taxes
€11.06M
2024 · €8.55M
Staff costs
€39.51M
2024 · €36.32M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 83 lines
Balance sheet Code20242025
Assets
Total assets20/58€120.09M€153.86M
Fixed assets21/28€22.34M€26.57M
Intangible fixed assets21€396k€984k
Tangible fixed assets22/27€19.44M€23.09M
Land and buildings22€7.29M€8.52M
Plant, machinery and equipment23€12.15M€13.40M
Furniture and vehicles24-€81k
Assets under construction and advance payments27-€1.08M
Financial fixed assets28€2.50M€2.50M=
Affiliated companies280/1€2.50M€2.50M=
Participating interests280€2.50M€2.50M=
Current assets29/58€97.75M€127.29M
Stocks and contracts in progress3€44.19M€64.11M
Stocks30/36€44.19M€64.11M
Raw materials and consumables30/31€7.07M€8.61M
Finished goods33€37.12M€55.50M
Amounts receivable within one year40/41€52.08M€45.85M
Trade receivables40€21.92M€2.29M
Other amounts receivable41€30.16M€43.56M
Cash at bank and in hand54/58€1.37M€16.86M
Deferred charges and accrued income490/1€111k€467k
Equity and liabilities
Total equity and liabilities10/49€120.09M€153.86M
Equity10/15€65.50M€105.87M
Contributions10/11€21.13M€29.50M
Capital10€21.13M€29.50M
Issued capital100€21.13M€29.50M
Revaluation surpluses12-€251k
Reserves13€2.11M€2.96M
Non-distributable reserves130/1€2.11M€2.95M
Legal reserve130€2.11M€2.95M
Distributable reserves133-€8k
Profit (loss) carried forward14€42.25M€73.16M
Provisions and deferred taxes16€25k€123k
Provisions for liabilities and charges160/5€25k€123k
Pensions and similar obligations160€25k€17k
Other liabilities and charges164/5-€106k
Amounts payable17/49€54.57M€47.86M
Amounts payable within one year42/48€54.03M€47.18M
Financial debts43-€14.10M
Other loans439-€14.10M
Trade debts44€31.31M€26.00M
Suppliers440/4€31.31M€26.00M
Taxes, remuneration and social security45€5.46M€7.08M
Taxes450/3€902k€1.38M
Remuneration and social security454/9€4.55M€5.70M
Other amounts payable47/48€17.26M€2k
Accrued charges and deferred income492/3€537k€681k
Income statement Code20242025
Operating income70/76A€426.85M€496.88M
Turnover70€420.90M€475.88M
Change in stocks of work in progress, finished goods and contracts in progress71€3.19M€18.39M
Other operating income74€2.24M€2.44M
Non-recurring operating income76A€526k€170k
Operating charges60/66A€388.45M€450.74M
Goods for resale, raw materials and consumables60€282.58M€337.30M
Purchases600/8€282.08M€338.84M
Change in stocks: decrease (increase)609€494k€-1.54M
Services and other goods61€65.35M€68.55M
Remuneration, social security and pensions62€36.32M€39.51M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.41M€4.80M
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€85k€-15k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-22k€98k
Other operating charges640/8€273k€494k
Non-recurring operating charges66A€458k-
Operating profit (loss)9901€38.40M€46.14M
Financial income75/76B€25k€500k
Recurring financial income75€25k€500k
Income from current assets751€55€361k
Other financial income752/9€25k€138k
Financial charges65/66B€2.62M€3.83M
Recurring financial charges65€2.62M€3.83M
Debt charges650€1.57M€2.77M
Other financial charges652/9€1.05M€1.07M
Profit (loss) for the period before taxes9903€35.81M€42.80M
Income taxes67/77€8.55M€11.06M
Taxes670/3€8.80M€11.17M
Tax adjustments and reversals of tax provisions77€249k€108k
Profit (loss) for the period9904€27.26M€31.75M
Profit (loss) for the period to be appropriated9905€27.26M€31.75M
Appropriation of the result
Profit (loss) to be appropriated9906€43.51M€74.00M
Profit (loss) brought forward from the previous period14P€16.25M€42.25M
Transfer to equity691/2€1.26M€837k
To the legal reserve6920€1.26M€837k
Social balance
Average headcount (FTE)9087540.3539.1

The notes to these accounts (66 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
01-07
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
2025
31-12
Financial Equity above €100MEq €105.87M ▲61.6%
3 profitable years in a row build equity to €105.87M.
04-11
State Gazette act Capital & shares · Statutes amendment
Capital increase · Share issue · Capital7 facts ▸
  • General meeting, 30-10-2025
  • Capital increase, €8.369.325,89
  • Share issue, inbreng in natura, 9457936
  • Capital, €29.502.275,49
  • Statutes amendment
  • Power of attorney, YSCO
  • Inbreng in natura, een zekere, vaststaande en opeisbare schuldvordering van de enige aandeelhouder ten laste van de Vennootschap
18-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
10-02
State Gazette act Resignations: AGRUCO BV, ORTEGAL BV and 3 others
Appointments: Mehmet Can Ilkin, Halil Cem Karakas and BENU BV · Power of attorney · Registered-office move15 facts ▸
  • General meeting, 08-01-2025
  • Director resignation, AGRUCO BV (director)
  • Director resignation, ORTEGAL BV (director)
  • Director resignation, ABOVE BV (director)
  • Director resignation, Tom Schiettecat (director)
  • Director appointment, Mehmet Can Ilkin (director)
  • Director appointment, Halil Cem Karakas (director)
  • Director appointment, BENU BV (director)
  • Power of attorney, A&O Shearman (Belgium) LLP
  • Board meeting, 08-01-2025
  • Director resignation, BENU Management BV (day-to-day manager)
  • Director appointment, BENU BV (bestuurder belast met dagelijks bestuur)
  • +3 further facts in this act
2024
31-12
Financial Equity above €50MEq €65.50M ▲71.3%
2 profitable years in a row build equity to €65.50M.
19-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
13-06
State Gazette act Resignation: The White Engine (director)
Appointments: AGRUCO BV (director) and ABOVE BV (director) · Permanent representatives: Peter Grugeon, Olivier Schietse and Edith Hamelryckx11 facts ▸
  • General meeting, 01-06-2024
  • Director resignation, The White Engine (director)
  • Director appointment, AGRUCO BV (director)
  • Permanent representative, Peter Grugeon
  • Director appointment, ABOVE BV (director)
  • Permanent representative, Olivier Schietse
  • Board composition, AGRUCO BV (director)
  • Board composition, ABOVE BV (director)
  • Board composition, Ortegal BV (director)
  • Permanent representative, Edith Hamelryckx
  • Board composition, Tom Schiettecat (director)
07-05
State Gazette act Resignations: Milcobel CV, VAN DAM MANAGEMENT BV and The White Engine BV
Appointments: Ortegal BV, The White Engine BV and Tom Schiettecat · Permanent representatives: Edith Hamelryckx, Pierre Stevens and Nils van Dam11 facts ▸
  • General meeting, 05-03-2024
  • Director resignation, Milcobel CV (director)
  • Director appointment, Ortegal BV (director)
  • Permanent representative, Edith Hamelryckx
  • Director appointment, The White Engine BV (director)
  • Permanent representative, Pierre Stevens
  • Director appointment, Tom Schiettecat (director)
  • Board meeting, 07-03-2024
  • Director resignation, VAN DAM MANAGEMENT BV (day-to-day manager)
  • Permanent representative, Nils van Dam
  • Director resignation, The White Engine BV (day-to-day manager)
2023
31-12
Financial Back to profitnet €37.72M
Net result €37.72M after 2 loss-making years.
31-12
Financial Equity above €25MEq €38.24M ▲7165%
Equity rises from €526k to €38.24M.
Show earlier events
03-08
State Gazette act Appointment: PwC Bedrijfsrevisoren (statutory auditor)
Permanent representative: Eva Van Wonterghem3 facts ▸
  • General meeting, 13-06-2023
  • Auditor appointment, PwC Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Eva Van Wonterghem
04-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €-12.09M
Net result drops to €-12.09M, the lowest in the series; recovery starts the following year.
23-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
22-11
State Gazette act Resignations & appointments
Power of attorney9 facts ▸
  • Board meeting, 20-07-2021
  • Power of attorney, FERKAS BV
  • Power of attorney, Kris Lambrecht
  • Power of attorney, MATTUCIE BV
  • Power of attorney, Eddy Leloup
  • Power of attorney, Thijs Keersebilck
  • Power of attorney, Koen Bruyneel
  • Power of attorney, Dirk Var Gaver
  • Power of attorney, Kristel Vertenten
06-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
06-05
State Gazette act Appointments: Van Dam Management BV, The White Engine BV and 2 others
Permanent representatives: Nils van Dam, Pierre Stevens and Bert Van Nieuwenborgh8 facts ▸
  • Board meeting, 16-04-2021
  • Director appointment, Van Dam Management BV (day-to-day manager)
  • Permanent representative, Nils van Dam
  • Director appointment, The White Engine BV (day-to-day manager)
  • Permanent representative, Pierre Stevens
  • Director appointment, Benu BV (day-to-day manager)
  • Permanent representative, Bert Van Nieuwenborgh
  • Director appointment, Milcobel CV (sole director)
10-03
State Gazette act Appointment: PwC Bedrijfsrevisoren BV (commissaris revisor)
2 facts ▸
  • General meeting, 09-06-2020
  • Auditor appointment, PwC Bedrijfsrevisoren BV (commissaris revisor)
16-02
State Gazette act Appointments: Van Dam Management BV, The White Engine BV and 2 others
Permanent representatives: Nils VAN DAM, Pierre STEVENS and Bert Van Nieuwenborgh · Governance arrangement9 facts ▸
  • Board meeting, 24-12-2020
  • Director appointment, Van Dam Management BV (day-to-day manager)
  • Permanent representative, Nils VAN DAM
  • Director appointment, The White Engine BV (day-to-day manager)
  • Permanent representative, Pierre STEVENS
  • Director appointment, Benu BV (day-to-day manager)
  • Permanent representative, Bert Van Nieuwenborgh
  • Director appointment, Milcobel CV (sole director)
  • Governance arrangement, individuele concurrerende bevoegdheid
10-02
State Gazette act Capital & shares
Statutes amendment · Power of attorney2 facts ▸
  • Statutes amendment
  • Power of attorney, Deloitte Legal-Lawyers CVBA
06-01
State Gazette act Resignations: Van Dam Management BV, Ferkas BV and Benu BV
Permanent representatives: Nils van Dam, Ann CELEN and Bert Van Nieuwenborgh · Appointment: Milcobel CV (enige niet statutair bestuurder) · Purpose change16 facts ▸
  • General meeting, 24-12-2020
  • Purpose change, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door het nemen van participaties:…
  • Statutes amendment
  • Capital, €21.132.949,6
  • Director resignation, Van Dam Management BV (director)
  • Permanent representative, Nils van Dam
  • Director resignation, Ferkas BV (director)
  • Permanent representative, Ann CELEN
  • Director resignation, Benu BV (director)
  • Permanent representative, Bert Van Nieuwenborgh
  • Director discharge, Van Dam Management BV
  • Director discharge, Ferkas BV
  • +4 further facts in this act
2020
31-12
Financial Back to profitnet €2.40M
Net result €2.40M after 2 loss-making years.
16-07
State Gazette act Resignations: HOF TEN STOPPELEN BV (director) and JURDIAN MANAGEMENT CONSULT BV (director)
Permanent representatives: Liebwin van Lil, Erik De Cock and 3 others · Appointments: FERKAS BV (director) and VAN DAM MANAGEMENT BV (director)13 facts ▸
  • General meeting, 18-06-2020
  • Director resignation, HOF TEN STOPPELEN BV (director)
  • Permanent representative, Liebwin van Lil
  • Director resignation, JURDIAN MANAGEMENT CONSULT BV (director)
  • Permanent representative, Erik De Cock
  • Director appointment, FERKAS BV (director)
  • Permanent representative, Ann Celen
  • Director appointment, VAN DAM MANAGEMENT BV (director)
  • Permanent representative, Nils van Dam
  • Board composition, BENU BV ((gedelegeerd) bestuurder)
  • Permanent representative, Bert Van Nieuwenborgh
  • Board composition, FERKAS BV (director)
  • +1 further facts in this act
16-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
27-02
State Gazette act Resignation: JAPON A LA CARTE BV (director)
Permanent representatives: Peter Koopmans, Erik De Cock and 2 others · Appointment: JURDIAN MANAGEMENT CONSULT BV (director)10 facts ▸
  • General meeting, 11-02-2020
  • Director resignation, JAPON A LA CARTE BV (director)
  • Permanent representative, Peter Koopmans
  • Director appointment, JURDIAN MANAGEMENT CONSULT BV (director)
  • Permanent representative, Erik De Cock
  • Board composition, BENU BV (managing director)
  • Permanent representative, Bert Van Nieuwenborgh
  • Board composition, JURDIAN MANAGEMENT CONSULT BV (director)
  • Board composition, HOF TEN STOPPELEN BV (director)
  • Permanent representative, Liebwin Van Lil
2019
20-09
State Gazette act Resignation: Geert Neirynck (director)
Appointment: HOF TEN STOPPELEN BVBA (director) · Permanent representatives: Liebwin van Lil, Bert Van Nieuwenborgh and Peter Koopmans9 facts ▸
  • General meeting, 30/08/2019
  • Director resignation, Geert Neirynck (director)
  • Director appointment, HOF TEN STOPPELEN BVBA (director)
  • Permanent representative, Liebwin van Lil
  • Board composition, BENU BVBA (managing director)
  • Permanent representative, Bert Van Nieuwenborgh
  • Board composition, JAPON A LA CARTE BVBA (director)
  • Permanent representative, Peter Koopmans
  • Board composition, HOF TEN STOPPELEN BVBA (director)
02-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
15-05
State Gazette act Permanent representatives: Ann Celen and Francis Relaes
Power of attorney11 facts ▸
  • Board meeting, 14-12-2018
  • Power of attorney, Kris Lambrecht
  • Power of attorney, FERKAS BVBA
  • Permanent representative, Ann Celen
  • Power of attorney, Kristel Vertenten
  • Power of attorney, Dirk Van Gaver
  • Power of attorney, Koen Bruyneel
  • Power of attorney, Thijs Keersebilck
  • Power of attorney, Eddy Leloup
  • Power of attorney, MATTUCIE BVBA
  • Permanent representative, Francis Relaes
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
15-05
State Gazette act Resignation: EST EST EST BVBA (director)
Permanent representatives: Eddy de Mûelenaere, Peter Koopmans and Bert Van Nieuwenborgh · Appointment: JAPON A LA CARTE BVBA (director) · Mandate compensation10 facts ▸
  • General meeting, 17-04-2018
  • Director resignation, EST EST EST BVBA (director)
  • Permanent representative, Eddy de Mûelenaere
  • Director appointment, JAPON A LA CARTE BVBA (director)
  • Permanent representative, Peter Koopmans
  • Mandate compensation, JAPON A LA CARTE BVBA
  • Board composition, Geert Neirynck (director)
  • Board composition, BENU BVBA (director)
  • Permanent representative, Bert Van Nieuwenborgh
  • Board composition, JAPON A LA CARTE BVBA (director)
2017
25-07
State Gazette act Reappointment: Bcvba PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)
Permanent representative: Griet Heisen3 facts ▸
  • General meeting, 13-06-2017
  • Auditor reappointment, Bcvba PricewaterhouseCoopers Bedrijfsrevisoren
  • Permanent representative, Griet Heisen
2015
22-06
State Gazette act Resignations: Geert Neirynck (director) and BENU bvba (director)
Appointments: Geert Neirynck (director) and BENU bvba (director) · Permanent representative: Bert Van Nieuwenborgh11 facts ▸
  • General meeting, 09-06-2015
  • Director resignation, Geert Neirynck (director)
  • Director resignation, BENU bvba (director)
  • Director appointment, Geert Neirynck (director)
  • Director appointment, BENU bvba (director)
  • Permanent representative, Bert Van Nieuwenborgh
  • Board composition, Geert Neirynck (director)
  • Board composition, BENU bvba (director)
  • Board composition, EST EST EST bvba (director)
  • Board meeting, 09-06-2015
  • Director appointment, BENU bvba (managing director)
2014
04-08
State Gazette act Reappointment: Bcvba PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)
Permanent representative: Griet Helsen3 facts ▸
  • General meeting, 10-06-2014
  • Auditor reappointment, Bcvba PricewaterhouseCoopers Bedrijfsrevisoren
  • Permanent representative, Griet Helsen
13-02
State Gazette act Resignations: PH Business & Consulting Services BVBA, Grappa_management BVBA and Jozef Mottar
Power of attorney9 facts ▸
  • General meeting, 14-01-2014
  • Director resignation, PH Business & Consulting Services BVBA (director)
  • Director resignation, Grappa_management BVBA (director)
  • Director resignation, Jozef Mottar (director)
  • Board composition, EST EST EST BVBA (director)
  • Board composition, Geert Neirynck (director)
  • Board composition, BENU BVBA (director)
  • Power of attorney, Geert Neirynck
  • Power of attorney, Dirk Caestecker
2013
21-06
State Gazette act Resignation: Patric Buggenhout (director)
Appointment: EST EST EST BVBA (director) · Permanent representatives: Eddy de Mûelenaere, Patrick Huyskens and 2 others · Mandate compensation17 facts ▸
  • General meeting, 11-06-2013
  • Director resignation, Patric Buggenhout (director)
  • Director appointment, EST EST EST BVBA (director)
  • Permanent representative, Eddy de Mûelenaere
  • Mandate compensation, EST EST EST BVBA
  • Board composition, EST EST EST BVBA (director)
  • Board composition, Geert Neirynck (director)
  • Board composition, Jozef Mottar (director)
  • Board composition, PH Business & Consulting Services BVBA (director)
  • Permanent representative, Patrick Huyskens
  • Board composition, Grappa_management BVBA (director)
  • Permanent representative, Luc Van Hoe
  • +5 further facts in this act
2011
07-10
State Gazette act Reappointment: Bcvba PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)
Permanent representative: Filip Lozie3 facts ▸
  • General meeting, 14-06-2011
  • Auditor reappointment, Bcvba PricewaterhouseCoopers Bedrijfsrevisoren
  • Permanent representative, Filip Lozie
2008
15-07
State Gazette act Appointment: PricewaterhouseCoopers Bedrijfsrevisoren Bcvba (statutory auditor)
Permanent representative: Filip Lozie3 facts ▸
  • General meeting, 10-06-2008
  • Auditor appointment, PricewaterhouseCoopers Bedrijfsrevisoren Bcvba
  • Permanent representative, Filip Lozie
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
11 directors, no change since 2025
BENU
Director · since 08-01-2025 · Private limited company · perm. rep.: Bert Van Nieuwenborgh
Current
Halil Cem Karakas
Director · since 08-01-2025
Current
Mehmet Can Ilkin
Director · since 08-01-2025
Current
ABOVE
Director · since 01-06-2024 · Private limited company · perm. rep.: Olivier Schietse
Current
AGRUCO
Director · since 01-06-2024 · Private limited company · perm. rep.: Peter Grugeon
Current
Benu BV
Day-to-day manager · since 05-02-2021 · Legal entity · perm. rep.: Bert Van Nieuwenborgh
Current
5 other directors
The White Engine
Day-to-day manager · since 05-02-2021 · Private limited company · perm. rep.: Pierre STEVENS
Current
MILCOBEL cv
Sole director · since 24-12-2020 · Legal entity · perm. rep.: Nils van Dam
Current
JAPON A LA CARTE
Director · since 01-04-2018 · Private limited company · perm. rep.: Peter Koopmans
Not recently confirmed
BENU BVBA
Director · since 09-06-2015 · Legal entity · perm. rep.: Bert Van Nieuwenborgh
Not recently confirmed
EST EST EST
Director · since 11-06-2013 · Private limited company · perm. rep.: Eddy de Mûelenaere
Not recently confirmed
08-01-2025 BENU: Appointed as Director
08-01-2025 BENU: Resigned as Day-to-day manager
08-01-2025 BENU: Appointed as Bestuurder belast met dagelijks bestuur
08-01-2025 Halil Cem Karakas: Appointed as Director
08-01-2025 Mehmet Can Ilkin: Appointed as Director
Full history in the Timeline (50 changes) →
Location & real-estate footprint
Registered office, Langemark-Poelkapelle · 1 establishment unit since 2000
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Melkerijstraat 108920 Langemark-Poelkapelle
Ground area
6.2 ha
Building footprint
5.6 ha
Volume, LiDAR
529,986 m³
Parcel 33014H0650/00Z002, Flanders · tallest building 40.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
YSCO
Melkerijstraat 10, 8920 Langemark-PoelkapelleNACE 15520
since 20002.097.503.155
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33014H0650/00Z002 Flanders 6.2 ha 1 · 5.6 ha 40.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
Pwc BedrijfsrevisorenCurrent
Statutory auditor · represented by Eva Van Wonterghem
13-06-2023 → present
Show 2 earlier auditors
BV PwC Bedrijfsrevisoren
Commissaris revisor · represented by Peter Opsomer
succeeded by Pwc Bedrijfsrevisoren in 2023
09-06-2020 → 13-06-2023
PricewaterhouseCoopers Bedrijfsrevisoren BCVBA
Auditor · represented by Griet Heisen
succeeded by BV PwC Bedrijfsrevisoren in 2020
10-06-2008 → 09-06-2020

Structure & network

Connections & network

8 connected companies

Ownership & control

1 parent company
Control over this companyparent company per the LEI register1
Beveren-Kruibeke-Zwijndrecht · LEI lapsed
controls
YSCOBE 0472.336.451

Capital and shareholders

Capital over the years
  1. 04-11-2025 Capital increase of 8,369,325.89 EUR · to 29,502,275.49 EUR · 9,457,936 new shares · in kind
  2. 06-01-2021 Capital stated in the act · 21,132,949.60 EUR · 23,881,743 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 14 entries · 605,746 EUR awarded · 211,566 EUR paid
Year Entries awardedpaid
2025 5 83,755 EUR83,755 EUR
2024 4 444,355 EUR50,175 EUR
2023 2 42,605 EUR42,605 EUR
2022 3 35,031 EUR35,031 EUR
Schemes
GREEN-investeringssteun (Groener en Efficiënter Energieverbruik)
3 entries · 394,180 EUR · Fonds voor Innoveren en Ondernemen
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
4 entries · 96,112 EUR · 96,112 EUR paid · Departement Werk en Sociale Economie
Individueel Maatwerk
2 entries · 89,963 EUR · 89,963 EUR paid · Departement Werk en Sociale Economie
Vlaams opleidingsverlof (VOV)
4 entries · 23,805 EUR · 23,805 EUR paid · Departement Werk en Sociale Economie
Werkbaarheidscheque (stopgezet)
1 entry · 1,686 EUR · 1,686 EUR paid · Departement Werk en Sociale Economie

European research

1 project · 132,850 EUR EU contribution
Programmes
Horizon 2020
1 entry · 132,850 EUR
Projects
Building sustainable logistics through trusted collaborative networks across the entire supply chain
Horizon 2020 · participant · 01-05-2015 to 31-10-2018 · 132,850 EUR · NEXTRUST

Recognitions · licences · registrations

Food safety, FASFC

1 site
Langemark-Poelkapelle2.097.503.155
2 permissions
Toelating · Fabrikant andere levensmiddelen · since 27-04-2007
Toelating · Fabrikant producten afgeleid van fruit · since 27-04-2007

Legal Entity Identifier

549300ODLR8MOCMHK996
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 611 companies in sector 10520 we hold annual accounts for 236. 4 are within a factor 10 of this equity. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded28-07-2000
Fiscal year end31-12
Activities, NACEBEL 2025
10520Manufacture of food products
46391Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.