OPENING OF BANKRUPTCY

WEST AVENUE

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Company — Opening of bankruptcy.

Financial year 2022 · Closed on 31/12/2022

Net result40,7 k €+112,5 %over 1 year
Gross margin-100,2 k €+57,3 %over 1 year
Equity-477,1 k €+7,9 %over 1 year
Workforce1,2 ETP+20,0 %over 1 year

Identity

Source · BCE/KBO

WEST AVENUE is a Private company with limited liability incorporated in 2017. Its main activity is: Development of building projects. Its registered office is in La Hulpe. It employs on average 1,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0672.888.505
Incorporation
21/03/2017
Legal form
Private company with limited liability
Registered office
Avenue Reine Astrid 92
1310 La Hulpe · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2022
Average workforce
1,2 ETP
Joint committees (1)
  • 200
Signals
ProfitableGood liquidityPositive cashflow

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20222021202020192018
Income statement
Gross margin-100,2 k €-234,9 k €-136 k €-2,3 k €-3,2 k €
EBITDA-209,4 k €-290,6 k €-147,4 k €-2,6 k €-3,9 k €
Operating result-235 k €-308,6 k €-150,3 k €-3,8 k €-5,9 k €
Net result40,7 k €-325,6 k €-203,9 k €-2,1 k €-4,8 k €
Balance sheet
Equity-477,1 k €-517,7 k €-204,5 k €-659,9 €1,4 k €
Total assets3,6 M €1,6 M €2,5 M €1,1 M €993,1 k €
Cash180,7 k €582,1 k €410,7 k €109,6 €5,6 k €
Debts3,6 M €2,1 M €2,7 M €1,1 M €991,6 k €
Other
Workforce1,2 ETP1,0 ETP–––

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 4 ended

Active mandates

CPL & Associés

Director · 0645.782.547

Represented by Nicolas Van Zandycke

Active

Ended mandates

CPL & Associés

Director · since 20 octobre 2017 · 0645.782.547

Represented by Nicolas Van Zandycke

Ended
SPIRIT OF LEGEND CARS SALES

Director · since 20 octobre 2017 · 0888.386.772

Represented by Quentin Dewez

Ended
Nicolas Van Zandycke

Manager · since 21 mars 2017

Ended
Quentin Dewez

Manager · since 21 mars 2017

Ended

Other companies at this address

Avenue Reine Astrid 92 1310 La Hulpe
CompanyCBE no.
5th FLOOR SOFTWARE● Active
0673.857.416
ADRIEN INVEST● Active
0881.981.210
APC GROUP● Active
1016.958.490
Association des copropriétaires "Immeuble Nysdam" à La Hulpe Avenue Reine Astrid 92● Active
0862.523.505
ATENOR● Active
0403.209.303
ATENOR GROUP INVESTMENTS● Active
0536.995.859
ATENOR GROUP PARTICIPATIONS● Active
0842.295.540
Atenor Long Term Growth● Active
0712.644.053
ATENOR TOOLS COMPANY● Active
0401.965.921
ATLANTIS-REALTY● Active
0663.915.213
AVbyS● Liquidation
0704.842.283
AVIATION PARTNERS COMPANY● Active
0762.455.731
Banqup Solutions● Active
0471.730.202
BILOBA● Active
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BuildFive● Active
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BUZZYNEST● Judicial reorganisation
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B-WAW● Active
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C5M● Active
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Cat-One● Active
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Citendo● Active
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Full financial information

Source · NBB
20222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202201/01/202101/01/202001/01/201921/03/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months22 months
Filing date14/07/202330/05/202230/07/202119/03/202027/08/2019
General meeting30/06/202318/05/202231/05/202112/03/202005/07/2019
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202230/06/202314/07/2023FrenchPDF
Abridged model31/12/202118/05/202230/05/2022FrenchPDF
Abridged model31/12/202031/05/202130/07/2021FrenchPDF
Abridged model31/12/201912/03/202019/03/2020FrenchPDF
Micro model31/12/201805/07/201927/08/2019FrenchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 4 ended

Active mandates

CPL & Associés

Director · 0645.782.547

Represented by Nicolas Van Zandycke

Active

Ended mandates

CPL & Associés

Director · since 20 octobre 2017 · 0645.782.547

Represented by Nicolas Van Zandycke

Ended
SPIRIT OF LEGEND CARS SALES

Director · since 20 octobre 2017 · 0888.386.772

Represented by Quentin Dewez

Ended
Nicolas Van Zandycke

Manager · since 21 mars 2017

Ended
Quentin Dewez

Manager · since 21 mars 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office31/07/2023
    SIEGE SOCIAL
    PDF
  • Mandates18/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office20/10/2020
    SIEGE SOCIAL
    PDF
  • Mandates09/11/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Other23/03/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2022
    Annual accounts 202240,7 k €↑
  2. 2021
    Annual accounts 2021-325,6 k €↓
  3. 2020
    Annual accounts 2020-203,9 k €↓
  4. 2019
    Annual accounts 2019-2,1 k €↑
  5. 2018
    Annual accounts 2018-4,8 k €
  6. 21/03/2017
    IncorporationPrivate company with limited liability