WEST-KEMP
ActiveWEST-KEMP has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169k and a net result of €2k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 35% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
54
/ 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
Profitability53▼-1
Solvency48▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.05 in 2024; short-term debt: 26% and cash: 0.7% of total assets), and 77.2% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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
22.8%
Return on assets
0.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 d early
2024
13 d early
2023
23 d late
2022
17 d late
2021
4 d early
2020
3 d early
← 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, micro schema
Equity
€169k▲ 0.9%
2024 · €168k
2020: €198k
2021: €181k
2022: €165k
2023: €165k
2024: €168k
2020 → 2025
Total assets
€743k▼ 3.2%
2024 · €768k
2020: €247k
2021: €598k
2022: €806k
2023: €787k
2024: €768k
2020 → 2025
Net result
€2k▼ 53.0%
2024 · €3k
2020: €-3k
2021: €-17k
2022: €-15k
2023: €-782
2024: €3k
2020 → 2025
Working capital
€-183k▲ 3.8%
2024 · €-190k
2020: €198k
2021: €-62k
2022: €-191k
2023: €-194k
2024: €-190k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€181k-€165k▼ 8.6%€165k▼ 0.5%€168k▲ 1.9%€169k▲ 0.9%
Operating result€-16k-€1k€8k▲ 635%€11k▲ 47.3%€9k▼ 18.2%
Net result€-17k-€-15k▲ 10.3%€-782▲ 95.0%€3k€2k▼ 53.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €743k
Fixed assets
€733k▼ 3.4%
Current assets
€10k▲ 11.1%
Equity and liabilities €743k
Equity
€169k▲ 0.9%
Debt
€574k▼ 4.3%
The debt ratio falls from 78.2% to 77.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▼
2024 · €34k
Cash flow
€24k▼
2024 · €26k
Solvency
22.8%▲
2024 · 21.8%
Current ratio
0.05▲
2024 · 0.05
Quick ratio
0.05▲
2024 · 0.05
Debt / equity
3.39▼
2024 · 3.58
ROE
0.9%▼
2024 · 1.9%
ROA
0.2%▼
2024 · 0.4%
Interest coverage
4.12▼
2024 · 4.18
Debt
€574k▼
2024 · €600k
Debt ≤ 1 year
€193k▼
2024 · €200k
Debt > 1 year
€379k▼
2024 · €400k
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€768k€743k▼
Fixed assets21/28€758k€733k▼
Tangible fixed assets22/27€756k€733k▼
Land and buildings22€752k€731k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€3k-
Current assets29/58€9k€10k▲
Amounts receivable within one year40/41€4k€4k▲
Trade receivables40€3k€3k▲
Other amounts receivable41€986€986=
Cash at bank and in hand54/58€5k€5k▲
Deferred charges and accrued income490/1-€716
Equity and liabilities
Total equity and liabilities10/49€768k€743k▼
Equity10/15€168k€169k▲
Contributions10/11€201k€201k=
Profit (loss) carried forward14€-33k€-32k▲
Amounts payable17/49€600k€574k▼
Amounts payable after more than one year17€400k€379k▼
Financial debts170/4€400k€379k▼
Amounts payable within one year42/48€200k€193k▼
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€12k€12k▼
Suppliers440/4€12k€12k▼
Advances received on contracts in progress46€45k€45k=
Taxes, remuneration and social security45€174€596▲
Taxes450/3€174€596▲
Other amounts payable47/48€121k€114k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€36k€36k▼
Operating profit (loss)9901€11k€9k▼
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€3k€2k▼
Profit (loss) for the period9904€3k€2k▼
Profit (loss) for the period to be appropriated9905€3k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-32k▲
Profit (loss) brought forward from the previous period14P€-36k€-33k▲
The notes to these accounts (6 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after 4 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
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, Kalmthout · 1 establishment unit since 2020
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.
Middendreef (Heide) 162920 KalmthoutGround area
1,958 m²
Building footprint
192 m²
Volume, LiDAR
949 m³
Parcel 11662E0592/00M017, Flanders · tallest building 14.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WEST-KEMP
since 20202.305.505.007
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0592/00M017 | Flanders | 1,958 m² | 1 · 192 m² | 14.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TINK
BE 0882.609.631
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FIMIMMO
BE 0746.959.683
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ADUPA
BE 0417.644.188
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Comice
BE 0678.518.166
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PROFESSIONAL MANAGEMENT CONSULTING
BE 0871.054.555
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Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-07-2020
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.