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WESTCOFAR

Active Public limited companyfounded 1989active for 37 yearsBoomsesteenweg 153, 2630 AartselaarKBO/BCE: BE 0437.479.106 #10 oldest company in Aartselaar, Professional and technical services sector

Lifetime

18 annual accounts with figures on one time axis, 33 filings since 1989
peak €128,940 (2023)
€123,530▲ 2.9%
lowest -€62,513 (2007)
€27,321▼ 5.8%
peak €534,012 (2025)
€534,012▲ 1.4%
€1.6m▼ 0.7%
peak 1.4 FTE (2007)
-not published
Board4 names since 2017
2 directors and 1 other
Owners
0.17%
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Dividend €19,725Cash from €33,559 to €11,071

Key points

from the 2025 annual accounts

Equity

€534,012 ▲ 1.4%
526,4172024+27,321Profit-19,725Dividend534,0122025

WESTCOFAR paid out €19,725 in dividends. That is 72% of the 2025 profit.

Turnover

≈ €230,000 estimated

The abbreviated format states no turnover.

Debts

€1.6m 75% of the balance sheet
Financial debts 59%Suppliers 1%Taxes and wages 0%Other 40%

€1.1m of the debts are secured on the company's own assets. In 2021 that was €1.4m.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,681 companies had the same profile as WESTCOFAR has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 4,681 companies, not a prediction for WESTCOFAR. 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
Director
  • 0.17%score equity €3.7m (2025) · 2025 annual accounts of

Shares in 2 companies, and

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0437479106
2 directors appointed, 3 resignations Resignations: , and · Permanent representative: · Appointments: (director) and (director) · Gazette deed
1 director appointed, 3 reappointments Reappointments: , and · Permanent representative: · Appointment: (managing director) · General meeting of 17-02-2016 · Gazette deed
First establishment WESTCOFAR BVBA, Boomsesteenweg 153, Aartselaar
All 42 events

Comparable companies

same main activity, similar in size and age
Company
WESTCOFAR Aartselaar €2.2m €123,530 24.7% -
DYME Ternat €1.9m €103,949 32.4% -
ATLANTIS Bertem €1.9m €111,583 50.0% -
EUROPEAN INVESTMENT AND MANAGEMENT COMPANY Haaltert €2.3m €167,280 89.8% 1
BURODEK Schaerbeek €2.7m €161,039 22.8% -
ECLIPSE Sint-Katelijne-Waver €1.6m €185,827 49.1% -
SANARY Antwerp €2.7m €108,685 73.0% -

These companies have the same main activity as WESTCOFAR: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €1.6m and €2.7m, founded between 1986 and 1993.

Official details

Source: KBO
Status
Active since 11-05-1989Normal situation
Activity
Market research and public opinion pollingNACE 73200
Establishment unit
2.043.622.9222630 Aartselaar, since 14-04-1997
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€2.2m▼ 0.1%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on WESTCOFAR

WESTCOFAR files the abbreviated format. That format states no turnover. The gross margin rose from €6,721 in 2007 to €123,530 in 2025.

The balance sheet grew most from 2021 to 2023 through fixed assets.

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 WESTCOFAR

What is the company number of WESTCOFAR?
The company number of WESTCOFAR is 0437.479.106. The VAT number is the same number with BE in front: BE 0437.479.106.
Where is WESTCOFAR based?
The registered office is at Boomsesteenweg 153, 2630 Aartselaar.Company details
What does WESTCOFAR do?
According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
What is the legal form of WESTCOFAR?
WESTCOFAR is a public limited company (NV).
When was WESTCOFAR founded?
WESTCOFAR was founded on 11-05-1989.
Is WESTCOFAR still active?
Yes, WESTCOFAR is an active enterprise in the KBO register.
What is the turnover of WESTCOFAR?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €123,530 and 38 comparable companies (NACE 73). It probably lies between €170,000 and €450,000.Financials
Is WESTCOFAR profitable?
In financial year 2025, WESTCOFAR made a profit of €27,321.
Where can I find the annual accounts of WESTCOFAR?
WESTCOFAR filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WESTCOFAR due?
WESTCOFAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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