Skip to content

West X

Active
Private limited companyfounded 2021active for 5 yearsKerkstraat 71, 8430 Middelkerke, BelgiumKBO/BCE: BE 0763.558.462
Summary

West X has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,442 and a net result of €39,807. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 39% of 17,145 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-02-2021 Normal situation
Activity
Real estate agency activities NACE 68310and 4 others
Joint committee
323 Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden · annual accounts 2025
Establishment unit
2.313.711.997 8434 Middelkerke, since 01-03-2021
Financial year end
31 December
Peppol
Reachable since 21-05-2026

Board and ownership

Board
  • Decock ChristopheDirector

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€94,268
▲ 44.2%
Turnover
≈ €190,000
estimated
Profit
€39,807
▲ 104%
Equity
€47,442
▲ 521%
Total assets
€294,518
▲ 102%
Employees on 31-12-2025
1
=
  • 2025 accounts filed 24 days after the deadline
Score breakdownraises riskEquity €47,442 (16.1% of total assets)lowers riskSector: Real estate activities (NACE 68)Liquidity: current ratio 1.04, cash €187,279Size: total assets €294,518Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 41+11
equity 16.1% of total assets
Liquidity 54+23
short-term debt 83.4% · cash 63.6%
Profitability 86+1
return on assets 13.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 0.6%highest value 01-2025: 0.5%▼ -0.1 percentage points vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.4%▼ -0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%▼ -0.3 percentage points vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.3 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.04 (0.75 in 2024), below the usual 1.5. Short-term debt is 83.4% and cash 63.6% of total assets. 83.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 37% of them on solvency, 64% on liquidity, 82% on profitability and 99% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 1.04, cash €187,279
NBB · annual accounts
lowers risk · Size: total assets €294,518
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €47,442 (16.1% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
24 days late
2024
15 days early
2023
114 days early
2022
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 38 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (3 of the last 4 accounts filed within 54 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Resignation: CommV LAUD INVEST (director)Permanent representative: DECLERCQ Laura
  2. · Gazette deed Registered office moved within MiddelkerkeAppointment: Laud Invest CommV (director) · Permanent representative: Laura Declercq
  3. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as West X: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €283,000 and €339,000, founded between 2020 and 2022.

CompanyTotal assetsGross margin
West X Middelkerke€294,518€94,268
RenoKing De Panne€289,459€91,042
Milestone Real Estate Kuurne€325,302€94,724
Sene Invest Antwerpen€283,062€84,808
TAYLOR SERVICES Tubize€296,007€102,784
MEDLOC Ukkel€294,391€89,505
VASTGOED BARDYN Kapellen€339,497€94,131
Full comparison

Key facts about West X

What is the company number of West X?
The company number of West X is 0763.558.462. The VAT number is the same number with BE in front: BE 0763.558.462.
Where is West X based?
The registered office is at Kerkstraat 71, 8430 Middelkerke.Company details
What does West X do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of West X?
The legal form of West X is Private limited company (BV).
When was West X founded?
West X was founded on 12-02-2021.
Is West X still active?
Yes, West X is an active enterprise in the KBO register.
How many employees does West X have?
West X had an average of 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does West X fall under?
In its 2025 annual accounts, West X states joint committee 323 (Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden).
What is the turnover of West X?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €94,268 and 32 comparable companies (NACE 683). It probably lies between €120,000 and €260,000.
Is West X profitable?
In financial year 2025, West X made a profit of €39,807.
Where can I find the annual accounts of West X?
West X filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of West X due?
West X must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.