Financials
- Fiscal year
- 2024
- Total assets
- €948,878
- Profit
- €76,690
- Solvency
- 69.9%
Total assets▲ 24.3%
Net result
20182024
WESTHOVENS
ActiveSummary
The computed 12-month bankruptcy probability of WESTHOVENS is 2.7% (moderate). The 2024 annual accounts show equity of €663,247 and a net result of €76,690. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 15872 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Wholesale of industrial chemicals
NACE 46851NACE 46751NACE 51550
#6 company by equity in Hamois, Wholesale and retail trade sector1 site
Size
€948,878total assets 2024
- Equity
- €663,247
- Profit
- €76,690
Structure
Accounts 67 d overdue0 of 1 deed read
Why 53- Liquidity: current ratio 2.51, cash €498, halved- Figures for FY 2024 (filed 08-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 69 days late; 3 of the last 3 late+ Founded in 2004Show the evidence
Checked score
Score 2024
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 62% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
95-5
equity 69.9% of total assets
Liquidity
38-10
short-term debt 29.4% · cash 0.1%
Profitability
79+4
return on assets 8.1%
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● 0.0% vs 11-2024
01-2025: 0.7%▼ -0.6% vs 12-2024lowest value
02-2025: 0.7%▲ +1.9% vs 01-2025
03-2025: 0.7%▲ +1.6% vs 02-2025
04-2025: 0.7%▲ +3.4% vs 03-2025
05-2025: 0.8%▲ +6.1% vs 04-2025
06-2025: 0.8%▲ +10.4% vs 05-2025
07-2025: 0.9%▲ +7.9% vs 06-2025
08-2025: 1.2%▲ +30.8% vs 07-2025
09-2025: 1.6%▲ +30.9% vs 08-2025
10-2025: 2.5%▲ +58.9% vs 09-2025
11-2025: 2.7%▲ +8.7% vs 10-2025
12-2025: 1.3%▼ -50.5% vs 11-2025
01-2026: 1.3%● 0.0% vs 12-2025
02-2026: 1.3%● 0.0% vs 01-2026
03-2026: 1.3%● 0.0% vs 02-2026
04-2026: 1.3%▼ -2.2% vs 03-2026
05-2026: 1.3%▼ -0.5% vs 04-2026
06-2026: 1.3%▼ -2.2% vs 05-2026
07-2026: 1.2%▼ -3.3% vs 06-2026
08-2026: 1.9%▲ +54.8% vs 07-2026
09-2026: 2.1%▲ +9.4% vs 08-2026
10-2026: 2.7%▲ +31.1% vs 09-2026highest value
- Liquidity: current ratio 2.51, cash €498, halved raises the probability
- Figures for FY 2024 (filed 08-10-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 69 days late; 3 of the last 3 late raises the probability
- Founded in 2004 lowers the probability for this profile
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 2.51 against 2.99 in 2023; short-term debt: 29.4% and cash: 0.1% of total assets), and 30.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 75%, liquidity 35%, profitability 71%, growth against the median 69%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
68 d late
2022
70 d late
2021
68 d late
2020
88 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 71 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · full…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- 08-10-2025Annual accounts filed
- 07-10-2024Annual accounts filed
- 09-10-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of industrial chemicalsNACE 46851
- Founded
- 27-12-2004
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.