Bankrupt · Opening faillissement (CBE)

WEST AVENUE

BE0672888505

Rechtspersoon Private limited company 1 establishment

WEST AVENUE is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 21 March 2017, 1 establishment.

Avenue Reine Astrid 92, 1310 La Hulpe

Behind the company: CPL & Associés.

Start date

21 March 2017

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 2 of the last 2 fiscal years.

  • Busy address KBO

    80 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

WEST AVENUE from La Hulpe, company number BE0672888505, closed financial year 2022 with a result of € 40,676 after tax. For that financial year WEST AVENUE recorded a gross margin of € -100,204 and equity of € -477,063. Compared with financial year 2021, the result moved from € -325,613 to € 40,676. Profitable, and profit is growing. 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 July 14, 2023.

What it is worth Caution

€ -477,063

▲ € 40,676 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 40,676

▲ still € 325,613 loss in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 180,697

▼ 69% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € -495,663.

People and assets in 2022

Full-time equivalents

1.2

▲ 0.2 vs 2021

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 101,745

▲ 95% vs 2021

€ 84,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 48,153

▼ 17% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 82 years to go

€ 1.5 million

▲ € 1.5 million vs 2021

€ 10,059 is repaid this year. At this pace the long-term loan is gone in ≈ 82 years.

Owed to suppliers

€ 393,329

▲ € 328,271 vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 22,883

▲ 261% vs 2021

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € -234,908 € -100,204 ▲ € 134,704
Profit after taxes € -325,613 € 40,676 ▲ € 366,289
Equity € -517,738 € -477,063 ▲ € 40,676
Total debts € 2,075,212 € 4,098,571 ▲ 98%
Cash € 582,085 € 180,697 ▼ 69%
Retained profit € -536,338 € -495,663 ▲ € 40,676
Bank debt € 30,179 € 1,523,734 ▲ € 1.5 million
Balance sheet total € 1,557,473 € 3,621,508 ▲ 133%
Employees (FTE) 1 1.2 ▲ 0.2

Key figures of WEST AVENUE, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to WEST AVENUE?

What happened at WEST AVENUE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

WEST AVENUE is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: profit of € 40,676. Source: NBB ↗
  • New establishment in La Hulpe. KBO
  • Start of the company according to the CBE. KBO

In short

From € 325,613 loss in 2021 to € 40,676 profit in 2022.

Paid € 506 in corporate taxes since 2021.

Best year ever: 2022, with € 40,676 profit.

Management

Behind WEST AVENUE is CPL & Associés. It owns 100% of SOCIETE D'INVESTISSEMENTS, DE GESTION ET D'ORGANISATION itself.

See the full network in the app

Directors

According to the 2022 annual accounts

CPL & Associés

Director · represented by Nicolas Van Zandycke

Also active at: SOCIETE D'INVESTISSEMENTS, DE GESTION ET D'ORGANISATION

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Reine Astrid 92

1310 La Hulpe

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0672.888.505
VAT number
BE 0672.888.505
Registered office
Avenue Reine Astrid 92, 1310 La Hulpe
Names & denominations
WEST AVENUE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
21 March 2017
Peppol
Not registered
Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Ontwikkeling van niet-residentiële bouwprojecten

Frequently asked questions

What does WEST AVENUE do?
WEST AVENUE is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 21 March 2017, 1 establishment.
What is the address of WEST AVENUE?
The registered office of WEST AVENUE is located at Avenue Reine Astrid 92, 1310 La Hulpe.
Is WEST AVENUE still active?
No. The CBE lists WEST AVENUE with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is WEST AVENUE registered on Peppol?
No, WEST AVENUE is currently not registered on the Peppol network.
What is the enterprise number of WEST AVENUE?
The enterprise number of WEST AVENUE is BE0672888505.
When was WEST AVENUE founded?
WEST AVENUE was founded on 21 March 2017.