Liquidity
73.15 was 15.44 in 2024
Short-term debts fell from €10,538 to €2,283.
WeST
Lifetime
19 annual accounts with figures on one time axis, 41 filings since 1982peak €31,436 (2007)
€16,347▼ 44.4%
lowest -€99,397 (2023)
€12,015▼ 43.7%
peak €231,685 (2022)
€165,662▲ 7.8%
€2,283▼ 78.3%
Board1 name since 2022
1 director
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €29,406 to €16,347Result from €21,359 to €12,015Debts from €10,538 to €2,283
Key points
from the 2025 annual accountsFilings
41 annual accounts since 1982
The last five annual accounts were filed 0 to 16 days before the end of the period.
Position in the sector
98.6%
Higher solvency than 95% of companies in real estate. Sector median 31.0% · 19,803 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as WeST has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,356 companies, not a prediction for WeST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0422235852
Reappointment: (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 08-01-2024 · Gazette deed
First establishment
WEST bvba, Schoutstraat 8, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WeST Ghent | €167,944 | €16,347 | 98.6% | - |
| MARDOMI Walcourt | €148,371 | €15,139 | 66.7% | - |
| FEYAERTS Kapelle-op-den-Bos | €162,130 | €11,915 | 2.0% | - |
| SHOP TECHNICS Sint-Gillis-Waas | €134,997 | €14,301 | 99.0% | - |
| Liberaal Huis Deinze | €134,275 | €13,029 | 99.7% | - |
| DEMPYO Ixelles | €182,340 | €26,996 | 100.0% | - |
| BATO-INVESTMENTS Pittem | €198,829 | €10,962 | 36.2% | - |
These companies have the same main activity as WeST: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €134,000 and €199,000, founded between 1968 and 1988.
Official details
Source: KBO- Status
- Active since 01-10-1981Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 2 others
- Establishment unit
- 2.019.729.6449041 Ghent, since 01-10-1981
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-06-2025
- ≈ €63,000estimated
- €167,944▲ 2.3%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on WeST
WeST files the micro format. That format states no turnover. The gross margin fell from €20,284 in 2006 to €16,347 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WeST
- What is the company number of WeST?
- The company number of WeST is 0422.235.852. The VAT number is the same number with BE in front: BE 0422.235.852.
- Where is WeST based?
- The registered office is at Schoutstraat 8, 9041 Ghent.Company details
- What does WeST do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of WeST?
- WeST is a private limited company (BV).
- When was WeST founded?
- WeST was founded on 01-10-1981.
- Is WeST still active?
- Yes, WeST is an active enterprise in the KBO register.
- What is the turnover of WeST?
- The turnover in financial year 2025 is ≈ €63,000. This figure is estimated from the gross margin of €16,347 and 30 comparable companies (NACE 68110). It probably lies between €34,000 and €160,000. It is a rough estimate.Financials
- Is WeST profitable?
- In financial year 2025, WeST made a profit of €12,015.
- Where can I find the annual accounts of WeST?
- WeST filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WeST due?
- WeST must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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