West Tower
ActiveSummary
West Tower has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €33k. Its solvency ranks better than 18% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▲+13
Solvency26▲+1
Growth78
Track record82
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.11 in 2024; short-term debt: 5.4% and cash: 0.4% of total assets), and 99.2% of the assets are financed with debt.
Credit check 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
0.8%
Return on assets
1.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9234 sector peers (2025).
NBB · sector comparisonPosition among 9234 sector peers
Solvency
better than 18%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
16 d early
2024
21 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€20k
2024 · €-13k
Total assets
€2.66M▼ 3.5%
2024 · €2.76M
Net result
€33k
2024 · €-33k
Working capital
€-130k▲ 18.5%
2024 · €-160k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€35k-€135k▲ 291%
Net result€-33k-€33k
Equity€-13k-€20k
Total assets€2.76M-€2.66M▼ 3.5%
Debt€2.77M-€2.64M▼ 4.7%
Working capital€-160k-€-130k▲ 18.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 291% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.66M
Fixed assets
€2.65M ▼ 3.3%
Current assets
€13k ▼ 36.7%
Equity and liabilities €2.66M
Equity
€20k
Debt
€2.64M
Debt finances 99.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€224k▲
2024 · €74k
Cash flow
€122k▲
2024 · €6k
Current ratio
0.09▼
2024 · 0.11
ROE
166.1%
ROA
1.2%▲
2024 · -1.2%
Interest coverage
2.20▲
2024 · 1.08
Debt ≤ 1 year
€143k▼
2024 · €180k
Debt > 1 year
€2.50M▼
2024 · €2.59M
A ratio outside any meaningful range has been withheld (balance sheet total €2.66M, equity €20k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39k | €89k | ▲ 127% |
| Other operating charges640/8 | €925 | €549 | ▼ 40.7% |
| Gross operating margin9900 | €75k | €225k | ▲ 201% |
| Operating profit (loss)9901 | €35k | €135k | ▲ 291% |
| Financial income75/76B | €271 | €0 | ▼ 100% |
| Recurring financial income75 | €271 | €0 | ▼ 100% |
| Financial charges65/66B | €68k | €102k | ▲ 49.5% |
| Recurring financial charges65 | €68k | €102k | ▲ 49.5% |
| Profit (loss) for the period before taxes9903 | €-33k | €33k | ▲ 200% |
| Profit (loss) for the period9904 | €-33k | €33k | ▲ 200% |
| Profit (loss) for the period to be appropriated9905 | €-33k | €33k | ▲ 200% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2.76M | €2.66M | ▼ 3.5% |
| Fixed assets21/28 | €2.74M | €2.65M | ▼ 3.3% |
| Tangible fixed assets22/27 | €2.74M | €2.65M | ▼ 3.3% |
| Land and buildings22 | €2.74M | €2.65M | ▼ 3.3% |
| Current assets29/58 | €20k | €13k | ▼ 36.7% |
| Cash at bank and in hand54/58 | €20k | €12k | ▼ 40.4% |
| Deferred charges and accrued income490/1 | €95 | €801 | ▲ 745% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2.76M | €2.66M | ▼ 3.5% |
| Equity10/15 | €-13k | €20k | ▲ 251% |
| Contributions10/11 | €20k | €20k | = |
| Profit (loss) carried forward14 | €-33k | €7 | ▲ 100% |
| Amounts payable17/49 | €2.77M | €2.64M | ▼ 4.7% |
| Amounts payable after more than one year17 | €2.59M | €2.50M | ▼ 3.6% |
| Financial debts170/4 | €2.59M | €2.50M | ▼ 3.6% |
| Amounts payable within one year42/48 | €180k | €143k | ▼ 20.5% |
| Current portion of amounts payable after more than one year42 | €89k | €93k | ▲ 3.8% |
| Trade debts44 | €69k | €24k | ▼ 65.7% |
| Suppliers440/4 | €69k | €24k | ▼ 65.7% |
| Taxes, remuneration and social security45 | €4k | €6k | ▲ 49.0% |
| Taxes450/3 | €4k | €6k | ▲ 49.0% |
| Other amounts payable47/48 | €18k | €21k | ▲ 14.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-33k | €33k | ▲ 200% |
| + Depreciation and write-downs630 | €39k | €89k | ▲ 127% |
| Operating cash flow (approximation) | €6k | €122k | ▲ 1,950% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €-8k | - |
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
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB 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, Hulshout · 1 establishment unit since 2023
Ground area
6,458 m²
Building footprint
5,649 m²
Volume, LiDAR
2,828 m³
Parcel 13050B0068/00F003, Flanders · tallest building 9.4 m. Linked by address, not a title deed.
51
companies at this address
See who is registered here
1 establishment unit
West Tower
since 20232.355.671.328
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13050B0068/00F003 | Flanders | 6,458 m² | 1 · 5,649 m² | 9.4 m |
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.
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Of 12,041 companies in sector 68203 we hold annual accounts for 5,989. 2,108 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
Founded15-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.