Active · per the CBE, 29 October 2026

Y West

BE0762946570

Rechtspersoon Private limited company 1 establishment

Y West is a plumber in Gent. Private Limited, started on 4 February 2021, 1 establishment.

Brandweerstraat 19 box C, 9000 Gent

Behind the company: MAERLANT GROUP BV, T2M BUSINESS ADVISORY BV.

Active for

5 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.

  • 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.

What it is worth Growing

€ 473,420

▲ € 518,022 vs 2024

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

Profit Growing

€ 518,022

▲ still € 53,417 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 100,028

▲ € 82,642 vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 470,920.

People and assets in 2025

Vehicles and equipment

€ 909

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 18 years to go

€ 4.4 million

▼ 14% vs 2024

€ 238,071 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.

Owed to suppliers

€ 23,526

▲ 31% vs 2024

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

Taxes

€ 14,492

▲ € 14,282 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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

MAERLANT GROUP BV

Director · represented by Kathy Van Damme

Also active at: Haven Oostende, L.ECL

since 2024

T2M BUSINESS ADVISORY BV

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

Registered office

Brandweerstraat 19 box C

9000 Gent

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

Frequently asked questions

What does Y West do?
Y West is a plumber in Gent. Private Limited, started on 4 February 2021, 1 establishment.
What is the address of Y West?
The registered office of Y West is located at Brandweerstraat 19 box C, 9000 Gent.
Is Y West still active?
Yes. According to the CBE (29 October 2026) Y West is active, legal situation “Normale toestand”, started on 4 February 2021.
Is Y West registered on Peppol?
Yes, Y West is registered on the Peppol network with ID 0208:0762946570.
What is the enterprise number of Y West?
The enterprise number of Y West is BE0762946570.
When was Y West founded?
Y West was founded on 4 February 2021.