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WESTCOMPOST

Active
Private limited companyfounded 1994active for 31 yearsRozendaalstraat 60, 8900 Ieper, BelgiumKBO/BCE: BE 0454.071.648
Summary

WESTCOMPOST has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €388,760. Equity has been growing by about 3.2% per year since 2019. Its solvency ranks better than 77% of 256 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-12-1994 Normal situation
Activity
Waste collection, recovery and disposal activities NACE 38330and 1 other
Joint committee
142.04 Paritair Subcomité voor de terugwinning van allerlei producten · annual accounts 30-06-2025
Establishment unit
2.069.795.502 8900 Ieper, since 11-01-1995
Financial year end
30 June
Peppol
Reachable since 21-01-2026

Board and ownership

Board
  • GROUP VDDDirector · permanent representative Lieven Vandendriessche
Shareholders
  • GROUP VDD2025 annual accounts of GROUP VDD

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
€690,112
▲ 14.5%
Turnover
≈ €1.6m
estimated
Profit
€388,760
▲ 17.1%
Equity
€1.0m
▼ 1.1%
Total assets
€1.6m
▲ 1.0%
Employees on 30-06-2025
1
=
Score breakdownraises riskSector: Waste collection, recovery and disposal activities (NACE 38)lowers riskFounded in 1994Liquidity: current ratio 1.31, cash €506,769Equity €1.0m (64.3% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Strong
Solvency 89-2
equity 64.3% of total assets
Liquidity 74+24
short-term debt 35.5% · cash 31.8%
Profitability 99+4
return on assets 24.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.5% (519 companies, NACE 38, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025highest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.31 (1.5 in 2024), below the usual 1.5. Short-term debt is 35.5% and cash 31.8% of total assets. 35.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 38, micro). It does better than 74% of them on solvency, 79% on liquidity, 93% on profitability and 34% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.31, cash €506,769
NBB · annual accounts
lowers risk · Equity €1.0m (64.3% of total assets)
NBB · annual accounts
raises risk · Sector: Waste collection, recovery and disposal activities (NACE 38)
KBO
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 filings
Deviation from the deadline
2025
54 days early
2024
53 days early
2023
58 days early
2022
57 days early
2021
59 days early
2020
41 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 54 days before the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 5 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 89% of companies in waste collection and treatmentsector median €34,586 · 257 companies €388,760 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €388,760 7 years View

Recent changes

  1. · Gazette deed 1 director resigning, 1 reappointedResignation: GROUP VDD (director) · Reappointment: GROUP VDD (director) · Permanent representative: Lieven Vandendriessche
  2. · Gazette deed 2 directors resigningResignations: Rosa Verbeke (director) and Julien Vandendriessche (director) · Permanent representative: Lieven Vandendriessche
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as WESTCOMPOST: waste collection, recovery and disposal activities (NACE 38330). They are comparable in size and age: total assets between €1.1m and €3.7m, founded between 1993 and 2000.

CompanyTotal assetsGross margin
WESTCOMPOST Ieper€1.6m€0.7m
DEKOSIM Roeselare€2.6m€0.8m
RECYNAM Fernelmont€2.7m€0.7m
AgriRecover Vilvoorde€2.4m€0.4m
CALLENS REINIGING Wielsbeke€3.7m€0.6m
WAREMME RECYCLAGE-WILLEMS-STASSENS Waremme€1.1m€0.6m
Recymo Wallonie Braives€1.9m€0.3m
Full comparison

Key facts about WESTCOMPOST

What is the company number of WESTCOMPOST?
The company number of WESTCOMPOST is 0454.071.648. The VAT number is the same number with BE in front: BE 0454.071.648.
Where is WESTCOMPOST based?
The registered office is at Rozendaalstraat 60, 8900 Ieper.Company details
What does WESTCOMPOST do?
According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38330).
What is the legal form of WESTCOMPOST?
The legal form of WESTCOMPOST is Private limited company (BV).
When was WESTCOMPOST founded?
WESTCOMPOST was founded on 19-12-1994.
Is WESTCOMPOST still active?
Yes, WESTCOMPOST is an active enterprise in the KBO register.
How many employees does WESTCOMPOST have?
WESTCOMPOST had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does WESTCOMPOST fall under?
In its 30-06-2025 annual accounts, WESTCOMPOST states joint committee 142.04 (Paritair Subcomité voor de terugwinning van allerlei producten).
What is the turnover of WESTCOMPOST?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €690,112 and 2,281 comparable companies of the same size. It probably lies between €980,000 and €2.8m. It is a rough estimate.
Is WESTCOMPOST profitable?
In financial year 2025, WESTCOMPOST made a profit of €388,760.
Where can I find the annual accounts of WESTCOMPOST?
WESTCOMPOST filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WESTCOMPOST due?
WESTCOMPOST must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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