WESTCONSULT
ActiveSummary
WESTCONSULT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142k and a net result of €32k. Equity is shrinking by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▲+15
Solvency57▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.97 against 6.19 in 2024; short-term debt: 13.5% and cash: 2.6% of total assets), but 67.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
32.1%
Return on assets
7.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
on the day
2022
30 d early
2021
30 d early
2020
49 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€142k▼ 16.3%
2024 · €170k
2018: €297k
2019: €357k▲ +20.4% vs 2018highest in 8 years
2020: €310k▼ -13.3% vs 2019
2021: €276k▼ -10.9% vs 2020
2022: €235k▼ -14.8% vs 2021
2023: €223k▼ -5.1% vs 2022
2024: €170k▼ -23.9% vs 2023
2025: €142k▼ -16.3% vs 2024lowest in 8 years
2018 → 2025
Total assets
€443k▼ 1.2%
2024 · €449k
2018: €574k
2019: €579k▲ +0.9% vs 2018
2020: €532k▼ -8.1% vs 2019
2021: €586k▲ +10.2% vs 2020highest in 8 years
2022: €507k▼ -13.5% vs 2021
2023: €488k▼ -3.7% vs 2022
2024: €449k▼ -8.1% vs 2023
2025: €443k▼ -1.2% vs 2024lowest in 8 years
2018 → 2025
Net result
€32k▲ 111%
2024 · €15k
2018: €69khighest in 8 years
2019: €60k▼ -12.1% vs 2018
2020: €-47k▼ -178% vs 2019lowest in 8 years
2021: €-8k▲ +83.8% vs 2020
2022: €51k▲ +764% vs 2021
2023: €-2k▼ -104% vs 2022
2024: €15k▲ +857% vs 2023
2025: €32k▲ +111% vs 2024
2018 → 2025
Working capital
€178k▼ 16.7%
2024 · €214k
2018: €140klowest in 8 years
2019: €207k▲ +48.0% vs 2018
2020: €221k▲ +6.5% vs 2019
2021: €366k▲ +65.6% vs 2020highest in 8 years
2022: €284k▼ -22.3% vs 2021
2023: €271k▼ -4.4% vs 2022
2024: €214k▼ -21.3% vs 2023
2025: €178k▼ -16.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€276k-€235k▼ 14.8%€223k▼ 5.1%€170k▼ 23.9%€142k▼ 16.3%
2021: €276khighest in 5 years
2022: €235k▼ -14.8% vs 2021
2023: €223k▼ -5.1% vs 2022
2024: €170k▼ -23.9% vs 2023
2025: €142k▼ -16.3% vs 2024lowest in 5 years
Operating result€-3k-€26k€20k▼ 22.8%€41k▲ 103%€71k▲ 71.1%
2021: €-3klowest in 5 years
2022: €26k▲ +872% vs 2021
2023: €20k▼ -22.8% vs 2022
2024: €41k▲ +103% vs 2023
2025: €71k▲ +71.1% vs 2024highest in 5 years
Net result€-8k-€51k€-2k€15k€32k▲ 111%
2021: €-8klowest in 5 years
2022: €51k▲ +764% vs 2021highest in 5 years
2023: €-2k▼ -104% vs 2022
2024: €15k▲ +857% vs 2023
2025: €32k▲ +111% vs 2024
Turnover and EBIT margin not published: the micro 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 71% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €443k
Fixed assets
€205k ▲ 5.9%
Current assets
€238k ▼ 6.7%
Equity and liabilities €443k
Equity
€142k ▼ 16.3%
Provisions
€37k =
Debt
€264k ▲ 9.1%
Debt's share of the balance-sheet total rises from 54.0% to 59.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€79k▲
2024 · €49k
Cash flow
€41k▲
2024 · €23k
Current ratio
3.97▼
2024 · 6.19
Quick ratio
3.90▼
2024 · 5.94
Debt to equity
1.86▲
2024 · 1.43
ROE
22.8%▲
2024 · 9.0%
ROA
7.3%▲
2024 · 3.4%
Interest coverage
3.69▲
2024 · 2.47
Debt ≤ 1 year
€60k▲
2024 · €41k
Debt > 1 year
€204k▲
2024 · €201k
Income taxes
€18k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€449k€443k▼
Fixed assets21/28€194k€205k▲
Tangible fixed assets22/27€194k€205k▲
Land and buildings22€188k€200k▲
Plant, machinery and equipment23€964€1k▲
Furniture and vehicles24€5k€4k▼
Current assets29/58€255k€238k▼
Amounts receivable after more than one year29€28k€7k▼
Other amounts receivable291€28k€7k▼
Stocks and contracts in progress3€10k€4k▼
Stocks30/36€10k€4k▼
Amounts receivable within one year40/41€216k€215k▼
Trade receivables40€19k€6k▼
Other amounts receivable41€197k€208k▲
Cash at bank and in hand54/58€232€12k▲
Deferred charges and accrued income490/1€76€69▼
Equity and liabilities
Total equity and liabilities10/49€449k€443k▼
Equity10/15€170k€142k▼
Contributions10/11€6k€6k=
Revaluation surpluses12€36k€36k=
Reserves13€128k€100k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€126k€98k▼
Profit (loss) carried forward14€-448€109▲
Provisions and deferred taxes16€37k€37k=
Provisions for liabilities and charges160/5€37k€37k=
Pensions and similar obligations160€37k€37k=
Amounts payable17/49€242k€264k▲
Amounts payable after more than one year17€201k€204k▲
Financial debts170/4€201k€204k▲
Amounts payable within one year42/48€41k€60k▲
Current portion of amounts payable after more than one year42€7k€10k▲
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€16k€23k▲
Suppliers440/4€16k€23k▲
Taxes, remuneration and social security45€15k€26k▲
Taxes450/3€15k€26k▲
Income statement
Code20242025
Non-recurring operating income76A€20-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€51k€82k▲
Operating profit (loss)9901€41k€71k▲
Financial income75/76B€2k€728▼
Recurring financial income75€2k€728▼
Financial charges65/66B€20k€21k▲
Recurring financial charges65€20k€21k▲
Profit (loss) for the period before taxes9903€24k€50k▲
Income taxes67/77€8k€18k▲
Profit (loss) for the period9904€15k€32k▲
Profit (loss) for the period to be appropriated9905€15k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€32k▲
Profit (loss) brought forward from the previous period14P€-448€-448=
Transfer from equity791/2€69k€60k▼
Transfer to equity691/2€15k€32k▲
To other reserves6921€15k€32k▲
Profit to be distributed694/7€69k€60k▼
Return on contributions (dividend)694€69k€60k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €20 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €9k | €7k | €7k | €8k | ▲ 14.6% |
| Other operating charges640/8 | - | €3k | €4k | €2k | €3k | ▲ 62.0% |
| Gross operating margin9900 | €7k | €38k | €31k | €51k | €82k | ▲ 62.7% |
| Operating profit (loss)9901 | €-3k | €26k | €20k | €41k | €71k | ▲ 71.1% |
| Financial income75/76B | - | €53k | €4k | €2k | €728 | ▼ 63.3% |
| Recurring financial income75 | €9k | €7k | €4k | €2k | €728 | ▼ 63.3% |
| Non-recurring financial income76B | - | €46k | - | - | - | - |
| Financial charges65/66B | - | €21k | €26k | €20k | €21k | ▲ 8.9% |
| Recurring financial charges65 | €13k | €21k | €26k | €20k | €21k | ▲ 8.9% |
| Profit (loss) for the period before taxes9903 | €-7k | €58k | €-2k | €24k | €50k | ▲ 112% |
| Income taxes67/77 | €474 | €7k | €291 | €8k | €18k | ▲ 113% |
| Profit (loss) for the period9904 | €-8k | €51k | €-2k | €15k | €32k | ▲ 111% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €51k | €-2k | €15k | €32k | ▲ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €586k | €507k | €488k | €449k | €443k | ▼ 1.2% |
| Fixed assets21/28 | €208k | €203k | €194k | €194k | €205k | ▲ 5.9% |
| Tangible fixed assets22/27 | €208k | €201k | €194k | €194k | €205k | ▲ 5.9% |
| Land and buildings22 | - | €199k | €193k | €188k | €200k | ▲ 6.2% |
| Plant, machinery and equipment23 | - | €2k | €1k | €964 | €1k | ▲ 27.6% |
| Furniture and vehicles24 | - | €700 | €397 | €5k | €4k | ▼ 8.6% |
| Financial fixed assets28 | €84 | €2k | - | - | - | - |
| Current assets29/58 | €377k | €303k | €294k | €255k | €238k | ▼ 6.7% |
| Amounts receivable after more than one year29 | - | €139k | €74k | €28k | €7k | ▼ 75.0% |
| Other amounts receivable291 | - | €139k | €74k | €28k | €7k | ▼ 75.0% |
| Stocks and contracts in progress3 | €700 | €700 | €700 | €10k | €4k | ▼ 57.2% |
| Stocks30/36 | - | €700 | €700 | €10k | €4k | ▼ 57.2% |
| Amounts receivable within one year40/41 | €129k | €125k | €210k | €216k | €215k | ▼ 0.7% |
| Trade receivables40 | - | €30k | €27k | €19k | €6k | ▼ 67.9% |
| Other amounts receivable41 | - | €95k | €184k | €197k | €208k | ▲ 6.0% |
| Cash at bank and in hand54/58 | €126 | €7k | €9k | €232 | €12k | ▲ 4,883% |
| Deferred charges and accrued income490/1 | - | €31k | €60 | €76 | €69 | ▼ 9.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €586k | €507k | €488k | €449k | €443k | ▼ 1.2% |
| Equity10/15 | €276k | €235k | €223k | €170k | €142k | ▼ 16.3% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Revaluation surpluses12 | - | €36k | €36k | €36k | €36k | = |
| Reserves13 | €232k | €192k | €182k | €128k | €100k | ▼ 22.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €190k | €180k | €126k | €98k | ▼ 22.3% |
| Profit (loss) carried forward14 | €2k | €2k | €-448 | €-448 | €109 | ▲ 124% |
| Provisions and deferred taxes16 | €82k | €37k | €37k | €37k | €37k | = |
| Provisions for liabilities and charges160/5 | - | €37k | €37k | €37k | €37k | = |
| Pensions and similar obligations160 | - | €37k | €37k | €37k | €37k | = |
| Amounts payable17/49 | €227k | €235k | €228k | €242k | €264k | ▲ 9.1% |
| Amounts payable after more than one year17 | €215k | €215k | €206k | €201k | €204k | ▲ 1.7% |
| Financial debts170/4 | - | €215k | €206k | €201k | €204k | ▲ 1.7% |
| Amounts payable within one year42/48 | €12k | €19k | €22k | €41k | €60k | ▲ 45.4% |
| Current portion of amounts payable after more than one year42 | - | - | €6k | €7k | €10k | ▲ 52.2% |
| Financial debts43 | - | - | - | €3k | - | - |
| Credit institutions430/8 | - | - | - | €3k | - | - |
| Trade debts44 | €11k | €8k | €7k | €16k | €23k | ▲ 42.0% |
| Suppliers440/4 | - | €8k | €7k | €16k | €23k | ▲ 42.0% |
| Taxes, remuneration and social security45 | - | €10k | €9k | €15k | €26k | ▲ 79.8% |
| Taxes450/3 | - | €10k | €9k | €15k | €26k | ▲ 79.8% |
| Other amounts payable47/48 | - | €800 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €51k | €-2k | €15k | €32k | ▲ 111% |
| + Depreciation and write-downs630 | €10k | €9k | €7k | €7k | €8k | ▲ 14.6% |
| Operating cash flow (approximation) | €3k | €60k | €5k | €23k | €41k | ▲ 80.2% |
| Investment in fixed assets (approximation) | - | €-4k | €2k | €-7k | €-20k | ▼ 196% |
| Change in cash | - | €7k | €1k | €-8k | €11k | ▲ 236% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €51k
Net result €51k after 2 loss-making years.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity times 9current ratio 31.78
Current ratio from 3.39 to 31.78; short-term debt falls from €92k to €12k.
12-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-47k
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-04
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Zedelgem · 1 establishment unit since 2004
Ground area
907 m²
Building footprint
252 m²
Volume, LiDAR
1,091 m³
Parcel 31040D0430/00R000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Westconsult
since 20042.135.931.783
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040D0430/00R000 | Flanders | 907 m² | 1 · 252 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 7,151 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded29-01-2004
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
46180Agents specialised in the wholesale of other particular products
Scores and ratios are computed by Checked and are not a credit decision.