Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Y West from Gent, company number BE0762946570, closed financial year 2025 with a result of € 518,022 after tax. For that financial year Y West recorded a gross margin of € 136,580 and equity of € 473,420. Compared with financial year 2024, the result moved from € -53,417 to € 518,022. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ 473,420
▲ € 518,022 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 518,022
▲ still € 53,417 loss in 2024
Profit after tax over the fiscal year.
€ 100,028
▲ € 82,642 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 470,920.
People and assets in 2025
€ 909
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.4 million
▼ 14% vs 2024
€ 238,071 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 23,526
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,492
▲ € 14,282 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,695 | € 12,112 | € -41,105 | € 136,580 | ▲ € 177,685 |
| Profit after taxes | € -7,703 | € -3,508 | € -53,417 | € 518,022 | ▲ € 571,439 |
| Equity | € 12,324 | € 8,816 | € -44,602 | € 473,420 | ▲ € 518,022 |
| Total debts | € 164,793 | € 114,794 | € 5,106,307 | € 4,769,969 | ▼ 7% |
| Cash | € 21,558 | € 56,161 | € 17,385 | € 100,028 | ▲ € 82,642 |
| Retained profit | € 9,824 | € 6,316 | € -47,102 | € 470,920 | ▲ € 518,022 |
| Bank debt | € 74,699 | € 81,802 | € 5,062,000 | € 4,367,147 | ▼ 14% |
| Balance sheet total | € 177,117 | € 123,609 | € 5,061,706 | € 5,243,388 | ▲ 4% |
Key figures of Y West, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Y West?
What happened at Y West in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 518,022. filed late Source: NBB ↗
- MAERLANT GROUP BV became a director. NBB
- T2M BUSINESS ADVISORY BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,703 loss in 2022 to € 518,022 profit in 2025.
Paid € 10,000 in corporate taxes since 2022.
Best year ever: 2025, with € 518,022 profit.
Management
Behind Y West are MAERLANT GROUP BV and T2M BUSINESS ADVISORY BV. It owns 100% of Wecoflex itself.
Directors
According to the 2025 annual accounts
since 2024
Director · represented by Tim Messagie
Also active at: Willems, GEFICA, VERMOBIL, LABYCONSULT, DCF, CDM Invest, CGM Invest, IAS Groep +1 more
since 2024
Establishments
Establishment units
Physical locations of this company
Brandweerstraat 19 box C
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →ALL IMMONEY MANAGEMENT
€ 24,286 gross margin · 2025
JEAL
DCF same network
€ 235,983 gross margin · 2025
Ferron Group
€ -5,616 gross margin · 2025
CDM Invest same network
€ 119,430 gross margin · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0762.946.570
- VAT number
- BE 0762.946.570
- Registered office
- Brandweerstraat 19 bus C, 9000 Gent
- Names & denominations
- Y West
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2021
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Sanitaire werkzaamheden
Installatie van isolatie
Reparatie en onderhoud van producten van metaal
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Isolatiewerkzaamheden