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Park West

Active
Private limited company (pre-2019)founded 201313 yrs activeOlmenlaan 11, 2610 Antwerpen, BelgiumKBO/BCE: BE 0537.366.241
Summary

Park West has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €232k and a net result of €-65k. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 29% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
51 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▲+1
Solvency54▼-8
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.99 against 1.22 in 2024; short-term debt: 42.2% and cash: 0.4% of total assets), and 71.4% of the assets are financed with debt.
Credit check for your own amount and term

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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 13 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-65k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
on the day
2023
1 d early
2022
31 d late
2021
31 d late
2020
27 d late
2019
on the day
← 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, micro schema

Turnover
€0
2021 · €0
2021: €0
2021 → 2022
Total assets
€812k▲ 1.0%
2024 · €804k
2018: €1.12M 2019: €1.08M 2020: €921k 2021: €783k 2022: €817k 2023: €803k 2024: €804k
2018 → 2025
Net result
€-65k▲ 2.9%
2024 · €-67k
2018: €-30k 2019: €-48k 2020: €196k 2021: €24k 2022: €-45k 2023: €-48k 2024: €-67k
2018 → 2025
Working capital
€-4k
2024 · €59k
2018: €-30k 2019: €-71k 2020: €260k 2021: €274k 2022: €297k 2023: €124k 2024: €59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€0-€0
Equity€464k-€412k▼ 11.2%€364k▼ 11.7%€297k▼ 18.4%€232k▼ 21.9%
Operating result€37k-€-40k€-56k▼ 37.3%€-62k▼ 12.2%€-59k▲ 5.6%
Net result€24k-€-45k€-48k▼ 6.4%€-67k▼ 38.3%€-65k▲ 2.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €37k€37kNet result 2021: €24k€24kOperating result 2022: €-40k€-40kNet result 2022: €-45k€-45kOperating result 2023: €-56k€-56kNet result 2023: €-48k€-48kOperating result 2024: €-62k€-62kNet result 2024: €-67k€-67kOperating result 2025: €-59k€-59kNet result 2025: €-65k€-65k20212022202320242025€-80k€-60k€-40k€-20k€0Operating result 2023: €-56k€-56kNet result 2023: €-48k€-48kOperating result 2024: €-62k€-62kNet result 2024: €-67k€-67kOperating result 2025: €-59k€-59kNet result 2025: €-65k€-65k202320242025
The operating result stays negative: a loss of €59k in 2025 against €62k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €812k
Fixed assets €473k ▼ 1.6%
Current assets €339k ▲ 5.0%
Equity and liabilities €812k
Equity €232k ▼ 21.9%
Provisions €48k =
Debt €532k ▲ 15.9%
Debt's share of the balance-sheet total rises from 57.2% to 65.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-49k▲
2024 · €-53k
Cash flow
€-55k▲
2024 · €-57k
Current ratio
0.99▼
2024 · 1.22
Debt to equity
2.30▲
2024 · 1.55
ROE
-28.0%▼
2024 · -22.6%
ROA
-8.0%▲
2024 · -8.3%
Interest coverage
-2.13▲
2024 · -2.64
Debt ≤ 1 year
€343k▲
2024 · €264k
Debt > 1 year
€104k▼
2024 · €129k
Income taxes
€560▼
2024 · €1k
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 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€804k€812k▲
Fixed assets21/28€481k€473k▼
Tangible fixed assets22/27€481k€473k▼
Land and buildings22€240k€230k▼
Furniture and vehicles24€241k€242k▲
Current assets29/58€323k€339k▲
Amounts receivable after more than one year29€289k€307k▲
Other amounts receivable291€289k€307k▲
Amounts receivable within one year40/41€28k€28k▲
Trade receivables40-€9k
Other amounts receivable41€28k€19k▼
Cash at bank and in hand54/58€4k€3k▼
Deferred charges and accrued income490/1€2k€806▼
Equity and liabilities
Total equity and liabilities10/49€804k€812k▲
Equity10/15€297k€232k▼
Contributions10/11€19k€19k=
Reserves13€412k€412k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€143k€143k=
Distributable reserves133€268k€268k=
Profit (loss) carried forward14€-134k€-199k▼
Provisions and deferred taxes16€48k€48k=
Deferred taxes168€48k€48k=
Amounts payable17/49€459k€532k▲
Amounts payable after more than one year17€129k€104k▼
Financial debts170/4€129k€104k▼
Amounts payable within one year42/48€264k€343k▲
Current portion of amounts payable after more than one year42€24k€25k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Other amounts payable47/48€236k€313k▲
Accrued charges and deferred income492/3€66k€86k▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€505€1k▲
Non-recurring operating charges66A€132€169▲
Gross operating margin9900€-52k€-47k▲
Operating profit (loss)9901€-62k€-59k▲
Financial income75/76B€16k€17k▲
Recurring financial income75€16k€17k▲
Financial charges65/66B€20k€23k▲
Recurring financial charges65€20k€23k▲
Profit (loss) for the period before taxes9903€-66k€-64k▲
Income taxes67/77€1k€560▼
Profit (loss) for the period9904€-67k€-65k▲
Profit (loss) for the period to be appropriated9905€-67k€-65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-134k€-199k▼
Profit (loss) brought forward from the previous period14P€-67k€-134k▼

The notes to these accounts (6 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
24-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Liquidity times 23current ratio 64.62
Current ratio from 2.77 to 64.62; short-term debt falls from €147k to €4k.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial Back to profitnet €196k
Net result €196k after 2 loss-making years.
31-12
Financial Liquidity quadruplescurrent ratio 2.77
Current ratio from 0.78 to 2.77; short-term debt falls from €317k to €147k.
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2014
20-11
State Gazette act Incorporation · Corporate purpose
Founding capital · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
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 · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
1,157 m²
Building footprint
204 m²
Volume, LiDAR
1,640 m³
Parcel 11051B0148/00S002, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Park West
Olmenlaan 11, 2610 AntwerpenComputing infrastructure, data processing, hosting and other information service activities
since 20132.221.538.936
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11051B0148/00S002 Flanders 1,157 m² 1 · 204 m² 13.6 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.

Structure & network

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1

Similar companies · same sector, comparable size

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 39,236 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 formPrivate limited company (pre-2019)
Founded29-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
73200Market research and public opinion polling
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

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