WESTERVLIET
ActiveWESTERVLIET has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €290k and a net result of €2.38M. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2022
63
/ 100
Healthy▲ +36 vs 2021
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2021
Profitability100▲+100
Solvency20▲+8
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days only on tighter terms
Liquidity tight (current ratio 1.11 against 1.02 in 2021), and 90.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
9.9%
Return on assets
81.5%
Age of the figures
44 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
21 d early
2023
18 d early
2022
14 d early
2021
2 d early
2020
15 d early
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2022, abbreviated schema
Equity
€290k▲ 53.2%
2021 · €189k
2018: €192k
2019: €191k
2020: €191k
2021: €189k
2018 → 2022
Total assets
€2.92M▼ 73.8%
2021 · €11.15M
2018: €9.25M
2019: €9.75M
2020: €10.54M
2021: €11.15M
2018 → 2022
Net result
€2.38M
2021 · €-2k
2018: €-1k
2019: €-876
2020: €-144
2021: €-2k
2018 → 2022
Working capital
€283k▲ 55.0%
2021 · €183k
2018: €186k
2019: €185k
2020: €185k
2021: €183k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€192k-€191k▼ 0.5%€191k▼ 0.1%€189k▼ 1.0%€290k▲ 53.2%
Operating result€-1k-€-876▲ 40.3%€-144▲ 83.6%€-2k▼ 1,229%€2.71M
Net result€-1k-€-876▲ 40.3%€-144▲ 83.6%€-2k▼ 1,229%€2.38M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €2.71M after a loss of €2k in 2021, the highest year so far.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.92M
Fixed assets
€6k=
Current assets
€2.91M▼ 73.9%
Equity and liabilities €2.92M
Equity
€290k▲ 53.2%
Debt
€2.63M▼ 76.0%
The debt ratio falls from 98.3% to 90.1%: equity grows while debt is paid down.
Key figures and ratios
Solvency
9.9%▲
2021 · 1.7%
Current ratio
1.11▲
2021 · 1.02
Quick ratio
0.90▲
2021 · 0.17
Debt / equity
9.08▼
2021 · 57.99
ROE
821.9%▲
2021 · -1.0%
ROA
81.5%▲
2021 · 0.0%
Debt
€2.63M▼
2021 · €10.96M
Debt ≤ 1 year
€2.63M▼
2021 · €10.96M
Income taxes
€328k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€11.15M€2.92M▼
Fixed assets21/28€6k€6k=
Financial fixed assets28€6k€6k=
Current assets29/58€11.15M€2.91M▼
Stocks and contracts in progress3€9.29M€540k▼
Stocks30/36€9.29M€540k▼
Amounts receivable within one year40/41€1.64M€2.34M▲
Trade receivables40€25k-
Other amounts receivable41€1.62M€2.34M▲
Cash at bank and in hand54/58€217k€38k▼
Equity and liabilities
Total equity and liabilities10/49€11.15M€2.92M▼
Equity10/15€189k€290k▲
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€800k€800k=
Uncalled capital101€600k€600k=
Reserves13-€80k
Non-distributable reserves130/1-€80k
Legal reserve130-€80k
Profit (loss) carried forward14€-11k€10k▲
Amounts payable17/49€10.96M€2.63M▼
Amounts payable within one year42/48€10.96M€2.63M▼
Trade debts44€73€6k▲
Suppliers440/4€73€6k▲
Advances received on contracts in progress46€10.96M-
Taxes, remuneration and social security45-€344k
Taxes450/3-€344k
Other amounts payable47/48-€2.28M
Income statement
Code20212022
Other operating charges640/8€2k€970▼
Gross operating margin9900€-73€2.71M▲
Operating profit (loss)9901€-2k€2.71M▲
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Financial charges65/66B-€252
Recurring financial charges65-€252
Profit (loss) for the period before taxes9903€-2k€2.71M▲
Income taxes67/77-€328k
Profit (loss) for the period9904€-2k€2.38M▲
Profit (loss) for the period to be appropriated9905€-2k€2.38M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€2.37M▲
Profit (loss) brought forward from the previous period14P€-9k€-11k▼
Transfer to equity691/2-€80k
To the legal reserve6920-€80k
Profit to be distributed694/7-€2.28M
Return on contributions (dividend)694-€800k
Directors or managers695-€1.48M
The notes to these accounts (1 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
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €2.38M
Net result €2.38M after 4 loss-making years.
31-12
Financial
Equity above €200kEq €290k ▲53.2%
Equity rises from €189k to €290k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
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
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
10-01-2020
Resigned as Managing director
07-01-2020
Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2018
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.
Eglantierlaan 5A2020 AntwerpenGround area
1,765 m²
Building footprint
293 m²
Volume, LiDAR
1,937 m³
Parcel 11812M0140/00G004, Flanders · tallest building 14.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WESTERVLIET
since 20182.274.275.064
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11812M0140/00G004 | Flanders | 1,765 m² | 1 · 293 m² | 14.7 m · 2 fl. |
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.
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Similar companies · same sector, comparable size
CV14
BE 0780.907.705
Asse · Eq €289k
BUILDING ASSETS CONCEPT
BE 0550.447.878
Chaudfontaine · Eq €290k
FREVEC
BE 0844.283.347
Brasschaat · Eq €290k
TRIOR Real Estate
BE 0838.953.493
Rixensart · Eq €290k
EUROPA 2000
BE 0438.147.416
Tongeren · Eq €290k
Of 11,702 companies in sector 68310 we hold annual accounts for 6,876. 4,969 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-06-2013
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.