Y West
The computed 12-month bankruptcy probability of Y West is 3.1% (moderate). The 2024 annual accounts show negative equity (€-45k) and a net result of €-53k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 11080 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-45k |
| Net result | €-53k |
| Better than sector | 9% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -0.9% | 40.9% | |
| Net result | €-53k | €11k | |
| Equity | €-45k | €34k | |
| Gross operating margin | €-41k | €35k | |
| Total assets | €5.06M | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-43k |
| Net profit | €-53k |
| Cash flow | €-52k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €5.06M |
| Equity | €-45k |
| Debt | €5.11M |
| of which ≤ 1y | €2.61M |
| of which > 1y | €2.50M |
| Working capital | €-2.55M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.02 |
| Quick ratio | 0.02 |
| Working capital ratio | -50.3% |
| Solvency | -0.9% |
| Debt / equity | -114.49 |
| Long-term debt ratio | -56.03 |
| Interest coverage | -4.83 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.1% |
| ROE | 119.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.06M |
| Fixed assets | 21/28 | €5.00M |
| Financial fixed assets | 28 | €5.00M |
| Current assets | 29/58 | €62k |
| Amounts receivable within one year | 40/41 | €37k |
| Cash & bank | 54/58 | €17k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.06M |
| Equity | 10/15 | €-45k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €-53k |
| Amounts payable | 17/49 | €5.11M |
| Amounts payable after one year | 17 | €2.50M |
| Amounts payable within one year | 42/48 | €2.61M |
| Trade debts payable within one year | 44 | €18k |
| Income statement | ||
| Gross operating margin | 9900 | €-41k |
| Operating result | 9901 | €-45k |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €-53k |
| Net result for the period | 9904 | €-53k |
| Result to be appropriated | 9905 | €-53k |
| NACE primary | Plumbing(43221) |
| Legal form | Private limited company(610) |
| Incorporation | 04-02-2021 |
| Status | Active |
| Postal code | 9000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3679/00A000 | Flanders | 1.1 ha | 1 · 1,481 m² | 21.3 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-11-2022 Registered office moved from Ekeren to Kapellen
- Alfons De Schutterstraat 42 -2180 Ekeren → Leo Baekelandstraat 6 unit 3 te 2950 Карellen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Leo Baekelandstraat 6 unit 3 te 2950 \u041A\u0430\u0440ellen",
"city": "Kapellen",
"region": "vlaams_gewest",
"street": "Leo Baekelandstraat",
"country": "BE",
"postcode": "2950",
"box_number": "3",
"street_number": "6",
"locality_suffix": null
},
"old_address": {
"raw": "Alfons De Schutterstraat 42 -2180 Ekeren",
"city": "Ekeren",
"region": "vlaams_gewest",
"street": "Alfons De Schutterstraat",
"country": "BE",
"postcode": "2180",
"box_number": null,
"street_number": "42",
"locality_suffix": null
},
"effective_date": "2022-10-26",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-11-30",
"filing_date": "2022-11-16",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2022-10-26",
"unanimous": null
},
"subject_company": {
"kbo": "0762.946.570",
"name_full": "MY-Technics",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0668.901.310",
"org_name": "VDM Accountants \u0026 Belastingconsulenten",
"person_name": null,
"org_rep_person_name": "Michael De Meyer",
"person_role_at_subject": null
},
"co_filed_documents": [
"Uittreksel uit de notulen van het bestuursorgaan dd. 26 oktober 2022"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Y West |