Oost West Construct
ActiveSummary
Oost West Construct has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €1.1m. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 23% of 4616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▲+18
Solvency34▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 1.91 against 1.56 in 2024; short-term debt: 51.6% and cash: 11.3% of total assets), but 91% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9%
Return on assets
7.6%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 4616 sector peers (2025).
NBB · sector comparisonPosition among 4616 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-11-2025, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
6 d late
2024
20 d early
2023
12 d early
2022
24 d early
2021
19 d early
2020
25 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 12 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€14.7m
EBIT margin
14.3%
Net result
€1.1m▲ 59.4%
2024 · €676,143
Working capital
€6.7m▲ 35.2%
2024 · €5.0m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€14.7m
Operating result€1.5m▲ 27.2%€1.3m▼ 17.6%€2.6m▲ 103%€1.5m▼ 42.8%€2.1m▲ 43.8%
Net result€1.0mabove the sector's middle half▲ 39.8%€739,683above the sector's middle half▼ 28.9%€1.6mabove the sector's middle half▲ 120%€676,143above the sector's middle half▼ 58.4%€1.1mabove the sector's middle half▲ 59.4%
EBIT margin14.3%
Equity€740,794within the sector's middle half▲ 48.1%€798,492within the sector's middle half▲ 7.8%€1.0mwithin the sector's middle half▲ 25.2%€1.0mwithin the sector's middle half▲ 0.6%€1.3mwithin the sector's middle half▲ 27.1%
Total assets€6.4mabove the sector's middle half▼ 10.9%€13.3mabove the sector's middle half▲ 109%€11.8mabove the sector's middle half▼ 11.6%€14.4mabove the sector's middle half▲ 22.6%€14.3mabove the sector's middle half▼ 1.1%
Debt€5.6m▼ 15.3%€12.5m▲ 123%€10.8m▼ 14.0%€13.4m▲ 24.7%€13.0m▼ 3.2%
Working capital€2.7mabove the sector's middle half▲ 37.5%€4.6mabove the sector's middle half▲ 71.1%€3.4mabove the sector's middle half▼ 27.5%€5.0mabove the sector's middle half▲ 47.5%€6.7mabove the sector's middle half▲ 35.2%
Solvency11.6%within the sector's middle half▲ 4.6pp6.0%below the sector's middle half▼ 5.6pp8.5%within the sector's middle half▲ 2.5pp7.0%below the sector's middle half▼ 1.5pp9.0%below the sector's middle half▲ 2.0pp
Current ratio1.81within the sector's middle half▲ 0.401.56within the sector's middle half▼ 0.241.43within the sector's middle half▼ 0.141.56within the sector's middle half▲ 0.131.91within the sector's middle half▲ 0.35
Return on assets (ROA)16.3%above the sector's middle half▲ 5.9pp5.6%within the sector's middle half▼ 10.8pp13.8%above the sector's middle half▲ 8.2pp4.7%within the sector's middle half▼ 9.1pp7.6%above the sector's middle half▲ 2.9pp
Staff (FTE)0.1below the sector's middle half1within the sector's middle half▲ 900%1within the sector's middle half=1.6within the sector's middle half▲ 60.0%2within the sector's middle half▲ 25.0%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result +59% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.3m
Fixed assets
€199,410 ▼ 64.5%
Current assets
€14.1m ▲ 1.5%
Equity and liabilities €14.3m
Equity
€1.3m ▲ 27.1%
Debt
€13.0m ▼ 3.2%
Debt's share of the balance-sheet total falls from 93.0% to 91.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.1m▲
2024 · €1.5m
Cash flow
€1.1m▲
2024 · €715,712
Quick ratio
0.27▲
2024 · 0.11
Debt to equity
10.17▼
2024 · 13.35
ROE
84.3%▲
2024 · 67.2%
Interest coverage
3.43▲
2024 · 2.60
Debt ≤ 1 year
€7.4m▼
2024 · €8.9m
Debt > 1 year
€5.6m▲
2024 · €4.5m
Income taxes
€363,334▲
2024 · €228,452
Staff costs
€109,915▲
2024 · €77,117
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,325 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.4%
went bankrupt
3.2%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,325 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €15.1m | - |
| Turnover70 | - | - | - | - | €14.7m | - |
| Other operating income74 | - | - | - | - | €32,962 | - |
| Non-recurring operating income76A | - | €3,326 | €17,697 | - | €317,408 | - |
| Operating charges60/66A | - | - | - | - | €13.0m | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €12.5m | - |
| Purchases600/8 | - | - | - | - | €11.7m | - |
| Change in stocks: decrease (increase)609 | - | - | - | - | €785,530 | - |
| Services and other goods61 | - | - | - | - | €317,710 | - |
| Remuneration, social security and pensions62 | - | €43,540 | €38,532 | €77,117 | €109,915 | ▲ 42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,717 | €33,801 | €53,890 | €39,569 | €33,726 | ▼ 14.8% |
| Other operating charges640/8 | - | €8,069 | €10,629 | €13,440 | €7,159 | ▼ 46.7% |
| Non-recurring operating charges66A | - | €558 | - | €4,933 | - | - |
| Gross operating margin9900 | €1.6m | €1.3m | €2.7m | €1.6m | - | - |
| Operating profit (loss)9901 | €1.5m | €1.3m | €2.6m | €1.5m | €2.1m | ▲ 43.8% |
| Financial income75/76B | - | €39 | €3,783 | €22,003 | €10,097 | ▼ 54.1% |
| Recurring financial income75 | €1 | €39 | €3,783 | €22,003 | €10,097 | ▼ 54.1% |
| Income from current assets751 | - | - | - | - | €1,336 | - |
| Other financial income752/9 | - | - | - | - | €8,761 | - |
| Financial charges65/66B | - | €267,296 | €390,275 | €577,397 | €669,236 | ▲ 15.9% |
| Recurring financial charges65 | €135,647 | €267,296 | €389,095 | €577,397 | €669,236 | ▲ 15.9% |
| Debt charges650 | - | - | - | - | €622,522 | - |
| Other financial charges652/9 | - | - | - | - | €46,714 | - |
| Non-recurring financial charges66B | - | - | €1,180 | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.4m | €988,270 | €2.2m | €904,595 | €1.4m | ▲ 59.3% |
| Income taxes67/77 | €348,138 | €248,586 | €544,304 | €228,452 | €363,334 | ▲ 59.0% |
| Taxes670/3 | - | - | - | - | €363,334 | - |
| Profit (loss) for the period9904 | €1.0m | €739,683 | €1.6m | €676,143 | €1.1m | ▲ 59.4% |
| Profit (loss) for the period to be appropriated9905 | €1.0m | €739,683 | €1.6m | €676,143 | €1.1m | ▲ 59.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.4m | €13.3m | €11.8m | €14.4m | €14.3m | ▼ 1.1% |
| Fixed assets21/28 | €288,362 | €450,949 | €542,896 | €561,166 | €199,410 | ▼ 64.5% |
| Tangible fixed assets22/27 | €217,112 | €450,949 | €542,896 | €561,166 | €196,965 | ▼ 64.9% |
| Land and buildings22 | - | €343,366 | €439,517 | €422,958 | €84,075 | ▼ 80.1% |
| Plant, machinery and equipment23 | - | - | - | - | €3,516 | - |
| Furniture and vehicles24 | - | €4,974 | €15,058 | €64,177 | €49,632 | ▼ 22.7% |
| Other tangible fixed assets26 | - | €102,610 | €88,321 | €74,031 | €59,742 | ▼ 19.3% |
| Financial fixed assets28 | €71,250 | - | - | - | €2,445 | - |
| Other financial fixed assets284/8 | - | - | - | - | €2,445 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €2,445 | - |
| Current assets29/58 | €6.1m | €12.9m | €11.2m | €13.9m | €14.1m | ▲ 1.5% |
| Stocks and contracts in progress3 | €4.7m | €9.6m | €9.9m | €12.8m | €12.1m | ▼ 6.1% |
| Stocks30/36 | - | €9.6m | €9.9m | €12.8m | €12.1m | ▼ 6.1% |
| Property held for sale35 | - | - | - | - | €12.1m | - |
| Amounts receivable within one year40/41 | €94,158 | €1.7m | €116,600 | €392,185 | €388,093 | ▼ 1.0% |
| Trade receivables40 | - | €1.5m | €56,577 | €109,882 | €184,971 | ▲ 68.3% |
| Other amounts receivable41 | - | €249,445 | €60,023 | €282,304 | €203,122 | ▼ 28.0% |
| Cash at bank and in hand54/58 | €1.3m | €1.4m | €1.2m | €613,182 | €1.6m | ▲ 164% |
| Deferred charges and accrued income490/1 | - | €35,462 | €27,852 | €17,956 | €6,751 | ▼ 62.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.4m | €13.3m | €11.8m | €14.4m | €14.3m | ▼ 1.1% |
| Equity10/15 | €740,794 | €798,492 | €1.0m | €1.0m | €1.3m | ▲ 27.1% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Revaluation surpluses12 | - | - | - | €5,802 | €461 | ▼ 92.0% |
| Reserves13 | €734,594 | €792,292 | €993,800 | €993,800 | €1.3m | ▲ 27.9% |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | - | - | - |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | - | - | - |
| Distributable reserves133 | - | €790,437 | €991,945 | €993,800 | €1.3m | ▲ 27.9% |
| Amounts payable17/49 | €5.6m | €12.5m | €10.8m | €13.4m | €13.0m | ▼ 3.2% |
| Amounts payable after more than one year17 | €2.2m | €4.3m | €2.9m | €4.5m | €5.6m | ▲ 25.2% |
| Financial debts170/4 | - | €255,016 | €278,600 | €299,108 | €274,643 | ▼ 8.2% |
| Credit institutions173 | - | - | - | - | €274,643 | - |
| Other amounts payable178/9 | - | €4.0m | €2.6m | €4.2m | €5.3m | ▲ 27.6% |
| Amounts payable within one year42/48 | €3.4m | €8.2m | €7.9m | €8.9m | €7.4m | ▼ 17.3% |
| Current portion of amounts payable after more than one year42 | - | €396,466 | €135,778 | €963,745 | €395,464 | ▼ 59.0% |
| Financial debts43 | - | €6.9m | €6.1m | €7.0m | €6.5m | ▼ 7.2% |
| Credit institutions430/8 | - | €6.9m | €6.1m | €7.0m | €6.5m | ▼ 7.2% |
| Trade debts44 | €37,905 | €144,322 | €92,107 | €93,289 | €392,811 | ▲ 321% |
| Suppliers440/4 | - | €144,322 | €92,107 | €93,289 | €392,811 | ▲ 321% |
| Taxes, remuneration and social security45 | - | €43,152 | €103,678 | €186,284 | €91,877 | ▼ 50.7% |
| Taxes450/3 | - | €35,843 | €98,520 | €176,346 | €77,852 | ▼ 55.9% |
| Remuneration and social security454/9 | - | €7,310 | €5,158 | €9,938 | €14,025 | ▲ 41.1% |
| Other amounts payable47/48 | - | €693,840 | €1.4m | €696,908 | €22,040 | ▼ 96.8% |
| Accrued charges and deferred income492/3 | - | €25,738 | €17,336 | €27,358 | €10,330 | ▼ 62.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | €739,683 | €1.6m | €676,143 | €1.1m | ▲ 59.4% |
| + Depreciation and write-downs630 | €17,717 | €33,801 | €53,890 | €39,569 | €33,726 | ▼ 14.8% |
| Operating cash flow (approximation) | €1.1m | €773,485 | €1.7m | €715,712 | €1.1m | ▲ 55.3% |
| Investment in fixed assets (approximation) | - | -€196,389 | -€145,836 | -€57,840 | €328,030 | ▲ 667% |
| Change in cash | - | €152,255 | -€272,026 | -€563,801 | €1.0m | ▲ 278% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
06-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 6 days late
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €1.6m ▲120%
Operating result €2.6m, net result €1.6m, both a record.
31-03
Financial
Equity above €1mEq €1.0m ▲25.2%
5 profitable years in a row build equity to €1.0m.
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Equity above €500,000Eq €500,293 ▲5.1%
2 profitable years in a row build equity to €500,293.
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Gent · 1 establishment unit since 2016
Ground area
556 m²
Building footprint
556 m²
Volume, LiDAR
3,060 m³
Parcel 44362B0043/00H002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Oost West Construct
since 20162.254.709.075
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0043/00H002 | Flanders | 556 m² | 1 · 556 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 ownersOwners 2
-
50%
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 131 EUR awarded · 131 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 131 EUR | 131 EUR |
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Of 9,696 companies in sector 68121 we hold annual accounts for 7,393. 3,610 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-06-2016
Fiscal year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0656876278
Also
9925:BE0656876278
Registered
10-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.