Equity
-€34,580
Debts exceed assets in financial year 2024.
WEST INDUSTRY
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2004peak €183,948 (2017)
€127,114▼ 4.2%
lowest -€42,443 (2012)
-€39,234▼ €16,945
peak €26,943 (2022)
-€34,580▼ €39,234
€249,961▲ 0.2%
peak 3 FTE (2017)
-not published
Board2 names since 2008
2 directors and 1 other
Documentsfilings and deeds
23-09-2026419 days late
2024micro format
Loss of €39,234Equity from €4,655 to -€34,580Cash from €5,358 to €656
Key points
from the 2024 annual accountsLosses
-€61,523 in two years
The 2023 and 2024 financial years closed with a loss. 2024 was the heaviest.
Debts
€249,961 116% of the balance sheet
Financial debts 42%Suppliers 25%Other 34%
Of this, €150,114 falls due within a year.
Staff
3 employees on 31-12-2024
In 2024, 3 people joined and 3 left.
Filings
21 annual accounts 103 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€39,234
Lower net result than 95% of companies in building services and landscaping. Sector median €8,907 · 5,834 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,619 companies had the same profile as WEST INDUSTRY has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,619 companies, not a prediction for WEST INDUSTRY. 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
Board and ownership
Director, since 01-07-2008
Manager, since 01-04-2019
- partnerdeed of 13-10-2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0479707164
Appointment: (manager)
General meeting of 01-04-2019 · Gazette deed
Resignation: (manager)
Partner: · General meeting of 12-09-2016 · Gazette deed
First establishment
Driebekenweg 12, Maaseik
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WEST INDUSTRY Maaseik | - | - | -16.1% | - |
| HL CLEAN Uccle | €898,028 | -6.2% | 14.1% | - |
| CLEANING DORSY-SERVICES,et/ou LA BOITE A INVITES,et/ou CLEANING DOMESTIC SERVICES,et/ou LABEL VITRES. Auderghem | - | - | 53.1% | - |
| CLEAN & NET Fleurus | - | - | 18.3% | - |
| AC NET Flémalle | €268,116 | -6.3% | 63.1% | - |
| Ruitenwasser De Wachter Begijnendijk | - | - | 85.2% | - |
| Lasota Group BV Antwerp | - | - | 42.8% | - |
These companies have the same main activity as WEST INDUSTRY: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €172,000 and €248,000, founded between 2000 and 2007.
Official details
Source: KBO- Status
- Active since 05-03-2003Normal situation
- Activity
- Other building cleaning and industrial cleaningNACE 81220and 3 others
- Joint committee
- 121Cleaning · annual accounts 2024
- Establishment unit
- 2.170.982.7343680 Maaseik, since 30-05-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 19-02-2026
Annual accounts 2024
- ≈ €430,000estimated
- €215,381▼ 15.2%
- Employeeson 31-12-2024
- 3=
- Filing
- Filed on 23-09-2026
Insights on WEST INDUSTRY
WEST INDUSTRY files the micro format. That format states no turnover. The gross margin rose from €52,263 in 2006 to €127,114 in 2024.
The balance sheet grew most from 2007 to 2008 through fixed assets, financed with long-term debt.
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 INDUSTRY
- What is the company number of WEST INDUSTRY?
- The company number of WEST INDUSTRY is 0479.707.164. The VAT number is the same number with BE in front: BE 0479.707.164.
- Where is WEST INDUSTRY based?
- The registered office is at Driebekenweg 12, 3680 Maaseik.Company details
- What does WEST INDUSTRY do?
- According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
- What is the legal form of WEST INDUSTRY?
- WEST INDUSTRY is a private limited company (pre-2019) (BVBA).
- When was WEST INDUSTRY founded?
- WEST INDUSTRY was founded on 05-03-2003.
- Is WEST INDUSTRY still active?
- Yes, WEST INDUSTRY is an active enterprise in the KBO register.
- How many employees does WEST INDUSTRY have?
- WEST INDUSTRY had an average of 2.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does WEST INDUSTRY fall under?
- In its 2024 annual accounts, WEST INDUSTRY states joint committee 121 (Cleaning).
- What is the turnover of WEST INDUSTRY?
- The turnover in financial year 2024 is ≈ €430,000. This figure is estimated from the gross margin of €127,114 and 36 comparable companies (NACE 812). It probably lies between €250,000 and €740,000.
- Is WEST INDUSTRY profitable?
- In financial year 2024, WEST INDUSTRY made a loss of €39,234.
- Where can I find the annual accounts of WEST INDUSTRY?
- WEST INDUSTRY filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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