Y West
ActiveSummary
Y West has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €473,420 and a net result of €518,022. Equity has been shrinking by about 23% per year since 2021. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 13% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Official details
Source: KBO- Status
- Active since 04-02-2021 Normal situation
- Registered office
- 19 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Plumbing work NACE 43221and 3 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2022
- Establishment unit
- 2.312.954.508 9000 Gent, since 04-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Board and ownership
- MAERLANT GROUPDirector · since 18-11-2024 · permanent representative Van Damme Kathy
- T2M BUSINESS ADVISORYDirector · since 18-11-2024 · permanent representative Messagie Tim
- Holdings
- Shares in 1 company Wecoflex
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €136,580
- Turnover
- ≈ €420,000
- estimated
- Profit
- €518,022
- Equity
- €473,420
- Total assets
- €5.2m
- ▲ 3.6%
- 2025 accounts filed 20 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.40, cash €100,028Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €5.2mFigures for financial year 2025 (filed on 20-08-2026)Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, small). It does better than 9% of them on solvency, 62% on liquidity, 18% 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).
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Signals
The company filed its last 5 accounts on average 11 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Company renamed from MY-TECHNICS to Y WestRegistered office moved to Gent · Resignations: Yekeler Sanitair en Verwarming (director) and Helta (director) · Permanent representatives: Yekeler Cédric, Helssen Maxim and 2 others
- · Gazette deed Permanent representative: MichaelDeMeyer
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Y West: plumbing work (NACE 43221). They are comparable in size and age: total assets between €1.3m and €6.5m, founded between 2010 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| Y West Gent | €5.2m | €0.1m |
| PT INVEST Brugge | €2.3m | €0.08m |
| SANIMARKT Zelzate | €2.2m | €0.1m |
| Belcotec Technics Geel | €3.9m | - |
| ENERGY CONSULT Pajottegem | €1.7m | €0.3m |
| ALTEBRA WAREGEM Waregem | €6.5m | - |
| WASE ONTSTOPPING Beveren-Kruibeke-Zwijndrecht | €1.3m | €0.2m |
Key facts about Y West
- What is the company number of Y West?
- The company number of Y West is 0762.946.570. The VAT number is the same number with BE in front: BE 0762.946.570.
- Where is Y West based?
- The registered office is at Brandweerstraat 19, 9000 Gent.Company details
- What does Y West do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of Y West?
- The legal form of Y West is Private limited company (BV).
- When was Y West founded?
- Y West was founded on 04-02-2021.
- Is Y West still active?
- Yes, Y West is an active enterprise in the KBO register.
- How many employees does Y West have?
- Y West had an average of 2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does Y West fall under?
- In its 2022 annual accounts, Y West states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of Y West?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €136,580 and 87 comparable companies (NACE 432). It probably lies between €340,000 and €510,000.
- Is Y West profitable?
- In financial year 2025, Y West made a profit of €518,022.
- Where can I find the annual accounts of Y West?
- Y West filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Y West due?
- Y West must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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