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WEST LOGISTICS

Active
Public limited companyfounded 1997active for 29 yearsKanaalweg 17, 2430 Laakdal, BelgiumKBO/BCE: BE 0461.620.228
Summary

WEST LOGISTICS has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30.3m and a net result of €1.3m. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 95% of 857 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
WEST LOGISTICSActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Warehousing and support activities for transportation
NACE 52241Freight transport by road NACE 49410
Largest company by total assets in Laakdal, Transport and storage sector7 sites
Size
€30.4mtotal assets 2025
Equity
€30.3m
Profit
€1.3m
Net result +118%: other schema
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
Katoen Natie International SA · 100%
Auditor: Ernst & Young Bedrijfsrevisoren2025 accounts 24 days early3 of 24 deeds summarised
Why 85raises riskLiquidity: current ratio 83.00, cash €01 change of registered office in 24 monthslowers riskFounded in 1997Figures for financial year 2025 (filed 07-07-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 52, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 99.8% of total assets
Liquidity 50=
short-term debt 0.2% · cash 0.0%
Profitability 74+3
return on assets 4.1%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (176 companies, NACE 52, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 0.4%▼ -0.3 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €2,550,000 on 30-day terms is acceptable
Liquidity ample (current ratio 83.0, compared with 25.77 in 2024, above the usual 1.5; short-term debt: 0.2% and cash: 0% of total assets), and 0.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 52, medium-sized): better than 95% on solvency, 68% on liquidity, 70% on profitability and 44% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 83.00, cash €0
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1997
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 07-07-2026)
NBB · annual accounts
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
30 days early
2023
1 day early
2022
21 days late
2021
3 days late
2020
1 day early
2019
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days before the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representative: Tom De SchutterPower of attorney
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignations: Caldamo, Artemino and LSnTAppointments: ATFS, Alfons Moermans and…

Key points

  • Caution: Staff fell in 2025different schema filed ▼ 100% View
  • Caution: Board changedlatest change 20-04-2026 · 3 in office 3 joined · 3 left View
  • Positive: Largest company by total assets in Laakdal, Transport and storage sectorin the Checked rankings No. 1 View
  • Controlled by Katoen Natie International SA 100% View
  • Positive: 6 profitable years in a rowprofit 2025: €1.3m 6 years View

By topic

Financials

Financial year
2025
Total assets
€30.4m
Profit
€1.3m
Solvency
99.8%
Turnover▼ 0.5%
Net result
20182019
Go to Financials

Board & ownership

Board
3 members
Parent
Katoen Natie International SA · 100%
Auditor
Ernst & Young Bedrijfsrevisoren
  • Alfons MoermansDirector
  • ATFSDirector
  • lan BorgenonDirector
Go to Board & ownership

Timeline

Events
38
Since
1999
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result from 2018 to 2025
  2. 31-12-2025Liquidity more than triples
  3. 01-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
7
Legal form
Public limited company
Activity
Warehousing and support activities for transportationNACE 52241
Founded
08-10-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about WEST LOGISTICS

What is the company number of WEST LOGISTICS?
0461.620.228. In Belgium the VAT number is the company number with BE in front: BE 0461.620.228.
Where is WEST LOGISTICS based?
The registered office is at Kanaalweg 17, 2430 Laakdal.Company details
What does WEST LOGISTICS do?
According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52241).
What is the legal form of WEST LOGISTICS?
Public limited company (NV).
When was WEST LOGISTICS founded?
On 08-10-1997.
Is WEST LOGISTICS still active?
Yes, WEST LOGISTICS is an active enterprise in the KBO register.
How many employees does WEST LOGISTICS have?
On average 7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of WEST LOGISTICS?
€4.9m in financial year 2019, according to the filed annual accounts.
Is WEST LOGISTICS profitable?
In financial year 2025, WEST LOGISTICS made a profit of €1.3m.
Where can I find the annual accounts of WEST LOGISTICS?
WEST LOGISTICS filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WEST LOGISTICS due?
By 31-07-2027, for financial year 2026.Timeline

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