WESTCOMPOST
ActiveWESTCOMPOST has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.02M and a net result of €389k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+4
Solvency89▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.5 in 2024; short-term debt: 35.5% and cash: 31.8% of total assets), and 35.7% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
64.3%
Return on assets
24.4%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-12-2025, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
54 d early
2024
53 d early
2023
58 d early
2022
57 d early
2021
59 d early
2020
41 d early
2019
53 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.02M▼ 1.1%
2024 · €1.04M
2019: €847k
2020: €879k
2021: €987k
2022: €895k
2023: €958k
2024: €1.04M
2019 → 2025
Total assets
€1.59M▲ 1.0%
2024 · €1.58M
2019: €1.50M
2020: €1.38M
2021: €1.43M
2022: €1.70M
2023: €1.42M
2024: €1.58M
2019 → 2025
Net result
€389k▲ 17.1%
2024 · €332k
2019: €251k
2020: €182k
2021: €258k
2022: €418k
2023: €211k
2024: €332k
2019 → 2025
Working capital
€176k▼ 34.2%
2024 · €268k
2019: €240k
2020: €257k
2021: €355k
2022: €178k
2023: €208k
2024: €268k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€987k-€895k▼ 9.3%€958k▲ 7.1%€1.04M▲ 8.0%€1.02M▼ 1.1%
Operating result€353k-€559k▲ 58.4%€288k▼ 48.5%€444k▲ 54.2%€517k▲ 16.4%
Net result€258k-€418k▲ 62.1%€211k▼ 49.4%€332k▲ 57.0%€389k▲ 17.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.59M
Fixed assets
€851k▲ 10.4%
Current assets
€741k▼ 8.0%
Equity and liabilities €1.59M
Equity
€1.02M▼ 1.1%
Provisions
€3k=
Debt
€565k▲ 5.1%
The debt ratio rises from 34.1% to 35.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€595k▲
2024 · €513k
Cash flow
€467k▲
2024 · €401k
Solvency
64.3%▼
2024 · 65.7%
Current ratio
1.31▼
2024 · 1.50
Quick ratio
1.30▼
2024 · 1.47
Debt / equity
0.55▲
2024 · 0.52
ROE
38.0%▲
2024 · 32.1%
ROA
24.4%▲
2024 · 21.1%
Interest coverage
452.99▲
2024 · 270.58
Debt
€565k▲
2024 · €537k
Debt ≤ 1 year
€565k▲
2024 · €537k
Income taxes
€129k▲
2024 · €116k
Staff costs
€75k▲
2024 · €73k
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€1.58M€1.59M▲
Fixed assets21/28€771k€851k▲
Tangible fixed assets22/27€770k€851k▲
Land and buildings22€644k€615k▼
Plant, machinery and equipment23€41k€61k▲
Furniture and vehicles24€86k€174k▲
Financial fixed assets28€400€400=
Current assets29/58€805k€741k▼
Stocks and contracts in progress3€17k€8k▼
Stocks30/36€17k€8k▼
Amounts receivable within one year40/41€388k€225k▼
Trade receivables40€388k€225k▼
Current investments50/53€200k-
Cash at bank and in hand54/58€193k€507k▲
Deferred charges and accrued income490/1€8k€554▼
Equity and liabilities
Total equity and liabilities10/49€1.58M€1.59M▲
Equity10/15€1.04M€1.02M▼
Contributions10/11€74k€74k=
Reserves13€807k€807k=
Distributable reserves133€807k€807k=
Profit (loss) carried forward14€143k€132k▼
Investment grants15€10k€10k=
Provisions and deferred taxes16€3k€3k=
Deferred taxes168€3k€3k=
Amounts payable17/49€537k€565k▲
Amounts payable within one year42/48€537k€565k▲
Current portion of amounts payable after more than one year42€16k-
Trade debts44€233k€105k▼
Suppliers440/4€233k€105k▼
Taxes, remuneration and social security45€17k€44k▲
Taxes450/3€16k€40k▲
Remuneration and social security454/9€1k€4k▲
Other amounts payable47/48€272k€415k▲
Income statement
Code20242025
Remuneration, social security and pensions62€73k€75k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€78k▲
Other operating charges640/8€17k€20k▲
Gross operating margin9900€603k€690k▲
Operating profit (loss)9901€444k€517k▲
Financial income75/76B€6k€2k▼
Recurring financial income75€6k€2k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€448k€518k▲
Income taxes67/77€116k€129k▲
Profit (loss) for the period9904€332k€389k▲
Profit (loss) for the period to be appropriated9905€332k€389k▲
Appropriation of the result
Profit (loss) to be appropriated9906€398k€532k▲
Profit (loss) brought forward from the previous period14P€66k€143k▲
Profit to be distributed694/7€255k€400k▲
Return on contributions (dividend)694€255k€400k▲
Social balance
Average headcount (FTE)90871.01.0=
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
2025
08-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Equity above €1MEq €1.04M ▲8%
6 profitable years in a row build equity to €1.04M.
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €418k ▲62.1%
Operating result €559k, net result €418k, both a record.
2021
03-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €182k ▼27.5%
Net result drops to €182k, the lowest in the series; recovery starts the following year.
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
07-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ieper · 1 establishment unit since 1995
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.
Rozendaalstraat 608900 IeperGround area
2.8 ha
Building footprint
129 m²
Parcel 33003B0935/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
WESTCOMPOST BVBA
since 19952.069.795.502
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003B0935/00L000 | Flanders | 2.8 ha | 1 · 129 m² | 0.0 m |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteIeper2.069.795.502
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ALGEMENE AANNEMING BRACO CLEANING
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Of 279 companies in sector 38330 we hold annual accounts for 240. 180 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-1994
Fiscal year end30-06
Activities, NACEBEL
38210Materials recovery from waste
38219Waste collection, recovery and disposal activities
38330Waste collection, recovery and disposal activities
90021
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.