TOAST WESTENDE
ActiveFrom the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
TOAST WESTENDE has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230,640 and a net result of -€36,523. Equity has been shrinking by about 3.4% per year since 2018. Its solvency ranks better than 82% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Official details
KBO- Status
- Active since 02-12-1989 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112
- Establishment unit
- 2.047.238.943 8434 Middelkerke, since 26-02-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Board and ownership
- Devolder KimDirector · since 01-01-2021
- Panoussakis CindyDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- -€662
- Loss
- €36,523
- ▲ 551%
- Equity
- €230,640
- ▼ 13.7%
- Total assets
- €343,404
- ▼ 10.3%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Loss of €36,523, the second in a row (financial year 2025)Liquidity: current ratio 1.03, cash €5,968, halvedlowers riskEquity €230,640 (67.2% of total assets)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 82% of them on solvency, 55% on liquidity, 20% on profitability and 29% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as TOAST WESTENDE: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €265,000 and €382,000, founded between 1987 and 1998.
| Company | Total assets | Gross margin |
|---|---|---|
| TOAST WESTENDE Middelkerke | €343,404 | -€662 |
| DEWIMAT Kalmthout | €304,069 | €38 |
| MARNA Zemst | €296,761 | -€30,874 |
| DE GROENE WEG Niel | €283,258 | -€11,824 |
| KRAMIEKSKE Koksijde | €264,751 | -€21,997 |
| SOCIETE DE PROMOTION DES TECHNOLOGIES DE L'INFORMATION Sint-Gillis (bij-Brussel) | €371,882 | -€9,961 |
| KENZA Herent | €381,862 | -€1,959 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-07-2026
- Annual accounts 2024filed on 11-06-2025
- Annual accounts 2023filed on 09-07-2024
- Annual accounts 2022filed on 08-08-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about TOAST WESTENDE
- What is the company number of TOAST WESTENDE?
- The company number of TOAST WESTENDE is 0439.143.645. The VAT number is the same number with BE in front: BE 0439.143.645.
- Where is TOAST WESTENDE based?
- The registered office is at Westendelaan 302, 8434 Middelkerke.Company details
- What does TOAST WESTENDE do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of TOAST WESTENDE?
- The legal form of TOAST WESTENDE is Private limited company (BV).
- When was TOAST WESTENDE founded?
- TOAST WESTENDE was founded on 02-12-1989.
- Is TOAST WESTENDE still active?
- Yes, TOAST WESTENDE is an active enterprise in the KBO register.
- How many employees does TOAST WESTENDE have?
- TOAST WESTENDE had an average of 0.1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of TOAST WESTENDE?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is TOAST WESTENDE profitable?
- In financial year 2025, TOAST WESTENDE made a loss of €36,523.
- Where can I find the annual accounts of TOAST WESTENDE?
- TOAST WESTENDE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of TOAST WESTENDE due?
- TOAST WESTENDE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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