WESTIN
ActiveSummary
The computed 12-month bankruptcy probability of WESTIN is 3.1% (moderate). The 2025 annual accounts show negative equity (-€417,958) and a net result of -€51,636. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 5% of 13617 sector peers (fiscal year 2025). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,622 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1,042 | €405 | €0 | - | €6,449 | - |
| Non-recurring operating charges66A | - | - | - | - | €22,901 | - |
| Gross operating margin9900 | -€1,350 | -€1,217 | €0 | -€553 | -€2,439 | ▼ 341% |
| Operating profit (loss)9901 | -€2,392 | -€1,622 | €0 | -€553 | -€31,789 | ▼ 5,648% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | €1,174 | €63 | €0 | - | €19,847 | - |
| Recurring financial charges65 | €1,174 | €63 | €0 | - | €19,847 | - |
| Non-recurring financial charges66B | - | - | - | - | €19,847 | - |
| Profit (loss) for the period before taxes9903 | -€3,566 | -€1,685 | €0 | -€553 | -€51,636 | ▼ 9,237% |
| Profit (loss) for the period9904 | -€3,566 | -€1,685 | €0 | -€553 | -€51,636 | ▼ 9,237% |
| Profit (loss) for the period to be appropriated9905 | -€3,566 | -€1,685 | €0 | -€553 | -€51,636 | ▼ 9,237% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €219,687 | €214,547 | €214,803 | €214,803 | €166,275 | ▼ 22.6% |
| Fixed assets21/28 | €42,748 | €42,748 | €42,748 | €42,748 | €0 | ▼ 100% |
| Financial fixed assets28 | €42,748 | €42,748 | €42,748 | €42,748 | €0 | ▼ 100% |
| Current assets29/58 | €176,939 | €171,799 | €172,055 | €172,055 | €166,275 | ▼ 3.4% |
| Stocks and contracts in progress3 | €165,503 | €165,503 | €165,503 | €165,503 | €165,503 | = |
| Stocks30/36 | €165,503 | €165,503 | €165,503 | €165,503 | €165,503 | = |
| Amounts receivable within one year40/41 | €6,365 | €6,193 | €6,449 | €6,449 | €669 | ▼ 89.6% |
| Trade receivables40 | €1,534 | - | - | - | €669 | - |
| Other amounts receivable41 | €4,832 | €6,193 | €6,449 | €6,449 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €5,071 | €103 | €103 | €103 | €103 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €219,687 | €214,547 | €214,803 | €214,803 | €166,275 | ▼ 22.6% |
| Equity10/15 | -€364,084 | -€365,769 | -€365,769 | -€366,322 | -€417,958 | ▼ 14.1% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €11,391 | €11,391 | €11,391 | €11,391 | €11,391 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €9,532 | €9,532 | €9,532 | €9,532 | €9,532 | = |
| Profit (loss) carried forward14 | -€394,067 | -€395,752 | -€395,752 | -€396,305 | -€447,941 | ▼ 13.0% |
| Amounts payable17/49 | €583,771 | €580,316 | €580,572 | €581,125 | €584,233 | ▲ 0.5% |
| Amounts payable within one year42/48 | €583,771 | €580,316 | €580,572 | €581,125 | €584,233 | ▲ 0.5% |
| Trade debts44 | €20,855 | €1,217 | €1,473 | €553 | €2,778 | ▲ 402% |
| Suppliers440/4 | €20,855 | €1,217 | €1,473 | €553 | €2,778 | ▲ 402% |
| Other amounts payable47/48 | €562,916 | €579,099 | €579,099 | €580,572 | €581,455 | ▲ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,566 | -€1,685 | €0 | -€553 | -€51,636 | ▼ 9,237% |
| Operating cash flow (approximation) | -€3,566 | -€1,685 | €0 | -€553 | -€51,636 | ▼ 9,237% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €42,748 | - |
| Change in cash | - | -€4,968 | €0 | €0 | €0 | - |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1527/00F000 | Brussels | 347 m² | 1 · 149 m² | 18.6 m · 5 fl. |
| 21444B0129/00N006 | Brussels | 295 m² | 1 · 175 m² | 18.9 m · 5 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
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Register as of 29 September 2026 · Peppol Directory
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