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WESTBOUW

Active Private limited companyfounded 2011active for 15 yearsZeedijk 186, 8430 MiddelkerkeKBO/BCE: BE 0837.466.524 subsidiary of

Lifetime

14 annual accounts with figures on one time axis
peak €814,828 (2021)
€52,980▲ €175,051
lowest -€121,092 (2024)
-€24,351▲ €96,740
peak €1.4m (2023)
€1.2m▼ 1.9%
€1.7m▲ 41.2%
Board3 names since 2011
2 directors and 1 other
Owners
99.2%
Documentsfilings and deeds
13-07-202618 days before the deadline
2025abbreviated format
Gross margin from -€122,072 to €52,980Loss of €24,351Debts from €1.2m to €1.7m

Key points

from the 2025 annual accounts

Result

-€24,351 ▲ 79.9%
-€121,0002024-€24,4002025

The result rose in 2025 from -€121,092 to -€24,351.

Debts

€1.7m ▲ 41.2%
Other debts
+0.4
Suppliers
+0.05

Debts rose by €484,944 in 2025.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

The last five annual accounts were filed 17 to 30 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,686 companies had the same profile as WESTBOUW has now. Each dot stands for 7 companies, two years later.

93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.3% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,686 companies, not a prediction for WESTBOUW. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 22-06-2011
Director, since 15-06-2022
  • 99.2%score equity €11.5m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0837466524
Legal-form change Gazette deed
Resignation: (director) Appointment: (director) · General meeting of 15-06-2022 · Gazette deed
First establishment Zeedijk 186, Middelkerke
All 29 events

Comparable companies

same main activity, similar in size and age
Company
WESTBOUW Middelkerke €2.9m €52,980 42.9% -
Properties Plus Pittem €3.0m €56,068 10.0% -
JOYE - DEPOORTER Ostend €2.9m €82,167 -2.8% -
Yo Uccle €3.0m €57,645 -47.3% -
MAPIOTIQUE Namur €3.0m €62,182 -1.1% -
Artiér Ronse €3.2m €41,036 28.7% 0
LES VILLAS DE BALMORAL Liège €3.0m €49,414 -25.0% -

These companies have the same main activity as WESTBOUW: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2.9m and €3.2m, founded between 2010 and 2012.

Official details

Source: KBO
Status
Active since 22-06-2011Normal situation
Activity
Development of residential building projectsNACE 68121and 1 other
Establishment unit
2.300.709.6438430 Middelkerke, since 01-08-2011
Financial year end
31 December
Peppol
Reachable since 10-07-2026
Company details

Annual accounts 2025

≈ €140,000estimated
€2.9m▲ 18.8%
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Insights on WESTBOUW

WESTBOUW files the abbreviated format. That format states no turnover. The gross margin fell from €123,287 in 2012 to €52,980 in 2025.

holds 99.2% of the shares.

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 WESTBOUW

What is the company number of WESTBOUW?
The company number of WESTBOUW is 0837.466.524. The VAT number is the same number with BE in front: BE 0837.466.524.
Where is WESTBOUW based?
The registered office is at Zeedijk 186, 8430 Middelkerke.Company details
What does WESTBOUW do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of WESTBOUW?
WESTBOUW is a private limited company (BV).
When was WESTBOUW founded?
WESTBOUW was founded on 22-06-2011.
Is WESTBOUW still active?
Yes, WESTBOUW is an active enterprise in the KBO register.
What is the turnover of WESTBOUW?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €52,980 and 48 comparable companies (NACE 681). It probably lies between €72,000 and €330,000.Financials
Is WESTBOUW profitable?
In financial year 2025, WESTBOUW made a loss of €24,351.
Where can I find the annual accounts of WESTBOUW?
WESTBOUW filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WESTBOUW due?
WESTBOUW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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