Equity
€755,023 ▲ 3.3%
WESTGOED has made a profit without a break since 2020.
WESTGOED
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1994peak €103,647 (2018)
€61,141▼ 7.5%
lowest -€70,934 (2008)
€24,069▼ 17.1%
peak €1.2m (2006)
€755,023▲ 3.3%
€4,752▲ 20.9%
Board6 names since 2018
2 directors and 1 other
Owners
Documentsfilings and deeds
24-08-202625 days late
2025micro format
Debts from €3,930 to €4,752
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as WESTGOED has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 14,768 companies, not a prediction for WESTGOED. 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
Managing director
Director
- 100%score equity €1.1m (2025) · deed of 03-01-2024
Recent changes
Reappointments: (director) and (managing director)
General meeting of 15-07-2026 · Gazette deed
Amendment of the articles
holds all the shares · Gazette deed
Registered office moved from Zonnebeke-Passendale to Roeselare
New registered office: Stampkotstraat 39, 8800 Roeselare · Previous registered office: PASSENDALESTRAAT 232 BUS 0201, 8990 ZONNEBEKE-PASSENDALE · Resignations: (managing director), and · General meeting of 13-06-2019 · Gazette deed
Capital decrease of €283,829.86 to €796,235.47
Capital from €1,080,065.33 to €796,235.47 · General meeting of 20-06-2018 · Gazette deed
Official details
Source: KBO- Status
- Active since 31-12-1993Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.065.357.3558800 Roeselare, since 02-02-1994
- Financial year end
- 30 December
- Peppol
- Reachable
Insights on WESTGOED
WESTGOED files the micro format. That format states no turnover. The gross margin rose from €48,308 in 2006 to €61,141 in 2025.
holds all the shares.
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 WESTGOED
- What is the company number of WESTGOED?
- The company number of WESTGOED is 0451.920.822. The VAT number is the same number with BE in front: BE 0451.920.822.
- Where is WESTGOED based?
- The registered office is at Stampkotstraat 39, 8800 Roeselare.Company details
- What is the legal form of WESTGOED?
- WESTGOED is a public limited company (NV).
- When was WESTGOED founded?
- WESTGOED was founded on 31-12-1993.
- Is WESTGOED still active?
- Yes, WESTGOED is an active enterprise in the KBO register.
- What is the turnover of WESTGOED?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €61,141 and 2,662 comparable companies of the same size. It probably lies between €120,000 and €320,000. It is a rough estimate.Financials
- Is WESTGOED profitable?
- In financial year 2025, WESTGOED made a profit of €24,069.
- Where can I find the annual accounts of WESTGOED?
- WESTGOED filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WESTGOED due?
- WESTGOED must file the annual accounts for financial year 2026 by 30-07-2027.Timeline
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