CHALET WESTHINDER
ActiveThe computed 12-month bankruptcy probability of CHALET WESTHINDER is 1.7% (moderate). The 2024 annual accounts show equity of €754k and a net result of €88k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 73% of 18942 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-1
Solvency82▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 7.57 against 6.28 in 2023; short-term debt: 6.3% and cash: 46.4% of total assets), and 43.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
56.8%
Return on assets
6.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
32 d early
2021
27 d early
2020
26 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€754k▲ 13.2%
2023 · €666k
2018: €294k
2019: €355k
2020: €404k
2021: €501k
2022: €568k
2023: €666k
2018 → 2024
Total assets
€1.33M▲ 3.8%
2023 · €1.28M
2018: €1.08M
2019: €1.10M
2020: €1.13M
2021: €1.19M
2022: €1.24M
2023: €1.28M
2018 → 2024
Net result
€88k▼ 10.2%
2023 · €98k
2018: €54k
2019: €61k
2020: €49k
2021: €97k
2022: €67k
2023: €98k
2018 → 2024
Working capital
€545k▲ 21.7%
2023 · €448k
2018: €71k
2019: €71k
2020: €114k
2021: €266k
2022: €362k
2023: €448k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€404k-€501k▲ 23.9%€568k▲ 13.4%€666k▲ 17.3%€754k▲ 13.2%
Operating result€77k-€143k▲ 86.8%€114k▼ 20.6%€155k▲ 36.1%€146k▼ 5.5%
Net result€49k-€97k▲ 97.4%€67k▼ 30.6%€98k▲ 46.2%€88k▼ 10.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.33M
Fixed assets
€698k▼ 6.3%
Current assets
€628k▲ 17.9%
Equity and liabilities €1.33M
Equity
€754k▲ 13.2%
Debt
€573k▼ 6.4%
The debt ratio falls from 47.9% to 43.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€200k▼
2023 · €208k
Cash flow
€142k▼
2023 · €151k
Solvency
56.8%▲
2023 · 52.1%
Current ratio
7.57▲
2023 · 6.28
Quick ratio
7.50▲
2023 · 6.21
Debt / equity
0.76▼
2023 · 0.92
ROE
11.7%▼
2023 · 14.7%
ROA
6.6%▼
2023 · 7.7%
Interest coverage
9.01▼
2023 · 10.97
Debt
€573k▼
2023 · €612k
Debt ≤ 1 year
€83k▼
2023 · €85k
Debt > 1 year
€487k▼
2023 · €527k
Income taxes
€37k▼
2023 · €38k
Staff costs
€19k▼
2023 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.28M€1.33M▲
Fixed assets21/28€745k€698k▼
Intangible fixed assets21€35k€26k▼
Tangible fixed assets22/27€710k€672k▼
Land and buildings22€638k€613k▼
Plant, machinery and equipment23€54k€46k▼
Furniture and vehicles24€18k€13k▼
Current assets29/58€533k€628k▲
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€26k€7k▼
Trade receivables40€4k€6k▲
Other amounts receivable41€22k€279▼
Cash at bank and in hand54/58€498k€616k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.33M▲
Equity10/15€666k€754k▲
Contributions10/11€240k€240k=
Reserves13€426k€514k▲
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Tax-exempt reserves132€109k€143k▲
Distributable reserves133€307k€361k▲
Amounts payable17/49€612k€573k▼
Amounts payable after more than one year17€527k€487k▼
Financial debts170/4€337k€297k▼
Other amounts payable178/9€190k€190k=
Amounts payable within one year42/48€85k€83k▼
Current portion of amounts payable after more than one year42€46k€40k▼
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€395€1k▲
Other amounts payable47/48€28k€38k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Non-recurring operating income76A€11k€0▼
Remuneration, social security and pensions62€25k€19k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€54k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€235k€222k▼
Operating profit (loss)9901€155k€146k▼
Financial income75/76B-€559
Recurring financial income75-€559
Financial charges65/66B€19k€22k▲
Recurring financial charges65€19k€22k▲
Profit (loss) for the period before taxes9903€136k€125k▼
Income taxes67/77€38k€37k▼
Profit (loss) for the period9904€98k€88k▼
Transfer to tax-exempt reserves689€55k€34k▼
Profit (loss) for the period to be appropriated9905€43k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€43k€54k▲
Transfer to equity691/2€43k€54k▲
To other reserves6921€43k€54k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €98k ▲46.2%
Operating result €155k, net result €98k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 4.05
Current ratio from 1.96 to 4.05; short-term debt falls from €119k to €87k.
31-12
Financial
Equity above €500kEq €501k ▲23.9%
4 profitable years in a row build equity to €501k.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €49k ▼19.7%
Net result drops to €49k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, De Haan · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Delacenseriestraat 248420 De HaanGround area
356 m²
Building footprint
190 m²
Volume, LiDAR
3,748 m³
2 parcels, Flanders · tallest building 25.1 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
CHALET WESTHINDER
since 20172.264.726.306
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31038B0027/00X002 | Flanders | 197 m² | 1 · 69 m² | 16.2 m · 5 fl. |
| 31038A0335/00A016 | Flanders | 160 m² | 1 · 120 m² | 25.1 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDe Haan2.264.726.306
Legal Entity Identifier
6488V04SB66Q2R9XU896
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 1,533 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.