Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
WESTVLAAMS MEUBELRENOVATIEBEDRIJF from Roeselare, company number BE0434002942, closed financial year 2024 with a result of € -4,062 after tax. For that financial year WESTVLAAMS MEUBELRENOVATIEBEDRIJF recorded a gross margin of € -1,628 and equity of € -16,482. Compared with financial year 2023, the result moved from € 1,418 to € -4,062. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.
€ -16,482
▼ € 4,062 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,062
▼ still € 1,418 profit in 2023
Profit after tax over the fiscal year.
€ 2,017
▲ 20% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -35,074.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 290
▼ 75% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 4,022
▼ 30% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,773
▼ 23% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 6,479 | € -12,316 | € 3,877 | € -1,628 | ▼ € 5,506 |
| Profit after taxes | € -1,536 | € -14,443 | € 1,418 | € -4,062 | ▼ € 5,480 |
| Equity | € 605 | € -13,838 | € -12,420 | € -16,482 | ▼ € 4,062 |
| Total debts | € 15,372 | € 27,521 | € 23,202 | € 28,954 | ▲ 25% |
| Cash | € 4,264 | € 917 | € 1,680 | € 2,017 | ▲ 20% |
| Retained profit | € -17,987 | € -32,430 | € -31,012 | € -35,074 | ▼ € 4,062 |
| Bank debt | € 2,552 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 15,977 | € 13,683 | € 10,782 | € 12,473 | ▲ 16% |
Key figures of WESTVLAAMS MEUBELRENOVATIEBEDRIJF, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to WESTVLAAMS MEUBELRENOVATIEBEDRIJF?
What happened at WESTVLAAMS MEUBELRENOVATIEBEDRIJF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 4,062 (▼ € 5,480 vs 2023). filed late Source: NBB ↗
- New establishment in Izegem. KBO
- Luc Pattyn became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,536 loss in 2021 to € 4,062 loss in 2024.
Paid € 743 in corporate taxes since 2021.
Best year ever: 2023, with € 1,418 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind WESTVLAAMS MEUBELRENOVATIEBEDRIJF is Luc Pattyn.
Directors
According to the 2024 annual accounts
Luc Pattyn
Director
since 1988
Establishments
Establishment units
Physical locations of this company
Kerkplein 13
8800 Roeselare
Haaipanderstraat 17
8870 Izegem
Active since 14 June 1988
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.002.942
- VAT number
- BE 0434.002.942
- Registered office
- Kerkplein 13, 8800 Roeselare
- Names & denominations
- WESTVLAAMS MEUBELRENOVATIEBEDRIJF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 1988
- Peppol
- Active · Active since 1 Sept 2025
- Activities · NACE
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