Exciting West
The computed 12-month bankruptcy probability of Exciting West is 3.1% (moderate). The 2025 annual accounts show equity of €9k and a net result of €4k. Its solvency ranks better than 30% of 44 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €9k |
| Net result | €4k |
| Staff (FTE) | 1.5 |
| Better than sector | 30% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 4.3% | 35.0% | |
| Net result | €4k | €5k | |
| Equity | €9k | €35k | |
| Gross operating margin | €117k | €21k | |
| Total assets | €198k | €106k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €15k |
| Net profit | €4k |
| Cash flow | €8k |
| Staff costs | €100k |
| Income taxes | €862 |
| Dividends | - |
| Total assets | €198k |
| Equity | €9k |
| Debt | €190k |
| of which ≤ 1y | €140k |
| of which > 1y | €41k |
| Working capital | €34k |
| Employees (FTE) | 1.5 |
| 2025 | |
|---|---|
| Current ratio | 1.24 |
| Quick ratio | 1.24 |
| Working capital ratio | 17.2% |
| Solvency | 4.3% |
| Debt / equity | 22.18 |
| Long-term debt ratio | 4.83 |
| Interest coverage | 2.09 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.3% |
| ROE | 52.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €198k |
| Fixed assets | 21/28 | €24k |
| Intangible fixed assets | 21 | €8k |
| Tangible fixed assets | 22/27 | €9k |
| Financial fixed assets | 28 | €7k |
| Current assets | 29/58 | €174k |
| Amounts receivable within one year | 40/41 | €41k |
| Cash & bank | 54/58 | €51k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €198k |
| Equity | 10/15 | €9k |
| Contributions / capital | 10/11 | €25k |
| Accumulated profits (losses) | 14 | €-16k |
| Amounts payable | 17/49 | €190k |
| Amounts payable after one year | 17 | €41k |
| Amounts payable within one year | 42/48 | €140k |
| Trade debts payable within one year | 44 | €114k |
| Income statement | ||
| Gross operating margin | 9900 | €117k |
| Operating result | 9901 | €12k |
| Financial income | 75 | €555 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €5k |
| Income taxes | 67/77 | €862 |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
| NACE primary | 79120 |
| Legal form | Private limited company(610) |
| Incorporation | 14-07-2023 |
| Status | Active |
| Postal code | 8490 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31035C0335/00P002 | Flanders | 964 m² | 1 · 149 m² | 6.2 m · 1 fl. |
| 31037A0054/00C000 | Flanders | 175 m² | 1 · 136 m² | 11.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-03-2025 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Stephanie GOETHALS",
"firm_city": null,
"firm_name": null,
"office_city": "Brugge",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-03-25",
"filing_date": "2025-03-21",
"act_kind_objet": "BOEKJAAR, ALGEMENE VERGADERING"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-03-19",
"unanimous": null
},
"agm_change": {
"new_schedule": "tweede vrijdag van de maand maart om 16 uur",
"old_schedule": "derde vrijdag van mei om 14u",
"effective_from_year": 2026,
"rule_changes_summary": "De algemene vergadering kan nu op een andere datum en plaats gehouden worden met instemming van alle aandeelhouders. Het bestuursorgaan moet een algemene vergadering bijeenroepen telkenmale het belang van de vennootschap het vereist of op aanvraag van aandeelhouders die minstens \u00E9\u00E9n tiende van het aantal uitgegeven aandelen vertegenwoordigen. De oproepingen worden verstuurd tenminste vijftien dagen voor de vergadering per e-mail."
},
"detected_kind": "fiscal_year_change",
"other_address": null,
"mandate_renewal": {
"period_end": null,
"mandate_kind": "bestuurder",
"period_start": null,
"remuneration_eur": null,
"remuneration_kind": null,
"person_or_entity_kbo": null,
"person_or_entity_name": null
},
"subject_company": {
"kbo": "0803.997.267",
"name_full": "Exciting West",
"legal_form": "BV"
},
"accounts_deposit": {
"filing_kind": null,
"fiscal_year_end": "2025-09-30",
"filing_reference": null
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"de expeditie van de notari\u00EBle akte van 19 maart 2025"
],
"fiscal_year_change": {
"new_end_mm_dd": "09-30",
"old_end_mm_dd": "06-30",
"new_start_mm_dd": "10-01",
"old_start_mm_dd": "01-01",
"first_full_new_year": 2026,
"transition_period_end": "2025-09-30"
},
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Exciting West |