West Import
ActiveWest Import has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €676k and a net result of €10k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+1
Solvency60▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.77 in 2024; short-term debt: 33.6% and cash: 2% of total assets), but 64.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.3%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
85 d late
2023
68 d late
2022
57 d late
2021
75 d late
2020
60 d late
2019
97 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€676k▲ 1.6%
2024 · €666k
2018: €220k
2019: €301k
2020: €371k
2021: €482k
2022: €570k
2023: €606k
2024: €666k
2018 → 2025
Total assets
€1.92M▼ 4.5%
2024 · €2.01M
2018: €894k
2019: €901k
2020: €1.52M
2021: €1.95M
2022: €2.16M
2023: €2.16M
2024: €2.01M
2018 → 2025
Net result
€10k▼ 82.5%
2024 · €60k
2018: €45k
2019: €81k
2020: €71k
2021: €110k
2022: €88k
2023: €36k
2024: €60k
2018 → 2025
Working capital
€408k▼ 11.9%
2024 · €463k
2018: €176k
2019: €231k
2020: €248k
2021: €235k
2022: €446k
2023: €440k
2024: €463k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€482k-€570k▲ 18.3%€606k▲ 6.4%€666k▲ 9.9%€676k▲ 1.6%
Operating result€147k-€138k▼ 6.2%€77k▼ 44.5%€108k▲ 40.2%€51k▼ 52.3%
Net result€110k-€88k▼ 20.3%€36k▼ 58.9%€60k▲ 65.5%€10k▼ 82.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.92M
Fixed assets
€865k▼ 8.0%
Current assets
€1.05M▼ 1.5%
Equity and liabilities €1.92M
Equity
€676k▲ 1.6%
Debt
€1.24M▼ 7.6%
The debt ratio falls from 66.8% to 64.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€131k▼
2024 · €192k
Cash flow
€90k▼
2024 · €144k
Solvency
35.3%▲
2024 · 33.2%
Current ratio
1.63▼
2024 · 1.77
Quick ratio
0.19▼
2024 · 0.37
Debt / equity
1.83▼
2024 · 2.01
ROE
1.6%▼
2024 · 9.0%
ROA
0.5%▼
2024 · 3.0%
Interest coverage
4.75▲
2024 · 4.24
Debt
€1.24M▼
2024 · €1.34M
Debt ≤ 1 year
€643k▲
2024 · €603k
Debt > 1 year
€596k▼
2024 · €737k
Income taxes
€14k▼
2024 · €22k
Staff costs
€336k▲
2024 · €303k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.01M€1.92M▼
Fixed assets21/28€940k€865k▼
Tangible fixed assets22/27€940k€865k▼
Land and buildings22€870k€820k▼
Plant, machinery and equipment23€11k€11k▼
Furniture and vehicles24€52k€33k▼
Leasing and similar rights25€7k€0▼
Current assets29/58€1.07M€1.05M▼
Stocks and contracts in progress3€844k€931k▲
Stocks30/36€844k€931k▲
Amounts receivable within one year40/41€92k€76k▼
Trade receivables40€17k€10k▼
Other amounts receivable41€75k€66k▼
Cash at bank and in hand54/58€125k€38k▼
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€2.01M€1.92M▼
Equity10/15€666k€676k▲
Contributions10/11€12k€12k=
Reserves13€653k€663k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€614k€624k▲
Profit (loss) carried forward14€95€579▲
Amounts payable17/49€1.34M€1.24M▼
Amounts payable after more than one year17€737k€596k▼
Financial debts170/4€737k€596k▼
Amounts payable within one year42/48€603k€643k▲
Current portion of amounts payable after more than one year42€85k€116k▲
Financial debts43€418k€415k▼
Credit institutions430/8€418k€415k▼
Trade debts44€53k€58k▲
Suppliers440/4€53k€58k▲
Taxes, remuneration and social security45€35k€52k▲
Taxes450/3€12k€20k▲
Remuneration and social security454/9€23k€32k▲
Other amounts payable47/48€13k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€303k€336k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€79k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€0▼
Other operating charges640/8€49k€33k▼
Gross operating margin9900€546k€499k▼
Operating profit (loss)9901€108k€51k▼
Financial income75/76B€19k€328▼
Recurring financial income75€19k€328▼
Financial charges65/66B€45k€28k▼
Recurring financial charges65€45k€28k▼
Profit (loss) for the period before taxes9903€82k€24k▼
Income taxes67/77€22k€14k▼
Profit (loss) for the period9904€60k€10k▼
Profit (loss) for the period to be appropriated9905€60k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€11k▼
Profit (loss) brought forward from the previous period14P€215€95▼
Transfer to equity691/2€60k€10k▼
To other reserves6921€60k€10k▼
Social balance
Average headcount (FTE)90876.65.8▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €10k ▼82.5%
Net result drops to €10k, the lowest in the series.
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 85 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 57 days late
2022
31-12
Financial
Equity above €500kEq €570k ▲18.3%
5 profitable years in a row build equity to €570k.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 75 days late
2021
31-12
Financial
Highest result since 2018net €110k ▲56.4%
Operating result €147k, net result €110k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 60 days late
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 97 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kortrijk · 2 establishment units since 2015
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.
Stasegemsesteenweg(Kor) 18500 KortrijkGround area
3,245 m²
Building footprint
2,640 m²
Volume, LiDAR
2,098 m³
2 parcels, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
West Import
since 20152.242.125.603
West Import
since 20222.329.516.069
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0177/00R000 | Flanders | 2,075 m² | 1 · 2,065 m² | - |
| 34353B0075/00K004 | Flanders | 1,169 m² | 1 · 576 m² | 7.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 3,090 EUR awarded · 3,090 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,090 EUR | 3,090 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Recognitions · licences · registrations
Dual-learning approval
3 endedLegal Entity Identifier
894500S9LH667LT9BR18
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Of 169 companies in sector 46730 we hold annual accounts for 89. 49 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-2015
Fiscal year end31-12
Activities, NACEBEL
45401
46730Wholesale trade
46712Wholesale trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45310
47820Retail sale of motor vehicle parts and accessories
45402
46720Wholesale of motor vehicle parts and accessories
47525Retail trade
47830Retail sale of motorcycles and motorcycle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.