EAST N WEST
ActiveSummary
EAST N WEST has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.69M and a net result of €40k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 82% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+24
Solvency97▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.32 in 2023; short-term debt: 27.7% and cash: 0.1% of total assets), and 28.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71.7%
Return on assets
1.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
90 d late
2022
61 d late
2021
2 d late
2020
68 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.69M▲ 2.4%
2023 · €1.65M
2019: €1.52M
2020: €1.43M
2021: €1.52M
2022: €1.66M
2023: €1.65M
2019 → 2024
Total assets
€2.36M▼ 5.0%
2023 · €2.48M
2019: €2.65M
2020: €2.61M
2021: €2.56M
2022: €2.45M
2023: €2.48M
2019 → 2024
Net result
€40k
2023 · €-9k
2019: €-45k
2020: €-90k
2021: €86k
2022: €142k
2023: €-9k
2019 → 2024
Working capital
€-479k▲ 14.1%
2023 · €-558k
2019: €1.33M
2020: €-530k
2021: €-419k
2022: €-498k
2023: €-558k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.43M-€1.52M▲ 6.0%€1.66M▲ 9.3%€1.65M▼ 0.6%€1.69M▲ 2.4%
Operating result€-61k-€104k€150k▲ 43.8%€25k▼ 83.2%€118k▲ 370%
Net result€-90k-€86k€142k▲ 65.0%€-9k€40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 370% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.36M
Fixed assets
€2.18M ▼ 1.7%
Current assets
€174k ▼ 33.2%
Equity and liabilities €2.36M
Equity
€1.69M ▲ 2.4%
Debt
€667k ▼ 19.9%
Debt's share of the balance-sheet total falls from 33.5% to 28.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€157k▲
2023 · €65k
Cash flow
€79k▲
2023 · €30k
Current ratio
0.27▼
2023 · 0.32
Quick ratio
0.04▼
2023 · 0.14
Debt to equity
0.39▼
2023 · 0.50
ROE
2.4%▲
2023 · -0.6%
ROA
1.7%▲
2023 · -0.4%
Interest coverage
8.60▲
2023 · 3.41
Debt ≤ 1 year
€653k▼
2023 · €818k
Income taxes
€60k▲
2023 · €15k
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.48M€2.36M▼
Fixed assets21/28€2.22M€2.18M▼
Tangible fixed assets22/27€2.22M€2.18M▼
Land and buildings22€2.22M€2.18M▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€344€18▼
Financial fixed assets28€5k€5k=
Current assets29/58€260k€174k▼
Stocks and contracts in progress3€146k€146k=
Stocks30/36€146k€146k=
Amounts receivable within one year40/41€101k€23k▼
Trade receivables40€63k€20k▼
Other amounts receivable41€38k€4k▼
Cash at bank and in hand54/58€14k€3k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€2.48M€2.36M▼
Equity10/15€1.65M€1.69M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€1.26M€1.26M=
Reserves13€296k€296k=
Distributable reserves133€296k€296k=
Profit (loss) carried forward14€37k€77k▲
Amounts payable17/49€832k€667k▼
Amounts payable within one year42/48€818k€653k▼
Current portion of amounts payable after more than one year42€131k-
Financial debts43€22k€22k=
Credit institutions430/8€22k€22k=
Trade debts44€145k€99k▼
Suppliers440/4€145k€98k▼
Bills of exchange payable441-€1,000
Taxes, remuneration and social security45€1k€47k▲
Taxes450/3€1k€28k▲
Remuneration and social security454/9-€19k
Other amounts payable47/48€519k€485k▼
Accrued charges and deferred income492/3€13k€13k=
Income statement
Code20232024
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€39k▼
Other operating charges640/8€14k€3k▼
Gross operating margin9900€78k€160k▲
Operating profit (loss)9901€25k€118k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€19k€18k▼
Recurring financial charges65€19k€18k▼
Profit (loss) for the period before taxes9903€6k€100k▲
Income taxes67/77€15k€60k▲
Profit (loss) for the period9904€-9k€40k▲
Profit (loss) for the period to be appropriated9905€-9k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€77k▲
Profit (loss) brought forward from the previous period14P€46k€37k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Highest result since 2019net €142k ▲65%
Operating result €150k, net result €142k, both a record.
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-06
Financial
Back to profitnet €86k
Net result €86k after 2 loss-making years.
09-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 68 days late
2020
30-06
Financial
Weakest financial yearnet €-90k
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
30-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 424 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen
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.
Hoveniersstraat 42-442018 AntwerpenGround area
277 m²
Building footprint
85 m²
Volume, LiDAR
1,458 m³
Parcel 11808H1179/00D021, Flanders · tallest building 24.7 m, ±7 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1179/00D021 | Flanders | 277 m² | 1 · 85 m² | 24.7 m · 7 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.
Similar companies · same sector, comparable size
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TECHNIWAN
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H3 PROJECTS
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G2S CONSULT
BE 0728.954.901
Buggenhout · Eq €1.65M
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 820 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-05-2002
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
47552Retail sale of lighting equipment
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.