WESTIN
ActiveSummary
The computed 12-month bankruptcy probability of WESTIN is 3.1% (moderate). The 2025 annual accounts show negative equity (€-418k) and a net result of €-52k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 5% of 13305 sector peers (fiscal year 2025). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
17
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-37
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.3 in 2024; short-term debt: 351.4% and cash: 0.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
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 2025Solvency, return and age of the figures
Solvency
-251.4%
Return on assets
-31.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-418k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
29 d late
2023
22 d late
2022
31 d late
2021
25 d late
2020
61 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-418k▼ 14.1%
2024 · €-366k
2018: €-341k
2019: €-354k
2020: €-361k
2021: €-364k
2022: €-366k
2023: €-366k
2024: €-366k
2018 → 2025
Total assets
€166k▼ 22.6%
2024 · €215k
2018: €272k
2019: €286k
2020: €232k
2021: €220k
2022: €215k
2023: €215k
2024: €215k
2018 → 2025
Net result
€-52k▼ 9,237%
2024 · €-553
2018: €-274k
2019: €-12k
2020: €-7k
2021: €-4k
2022: €-2k
2023: €0
2024: €-553
2018 → 2025
Working capital
€-418k▼ 2.2%
2024 · €-409k
2018: €-384k
2019: €-397k
2020: €-401k
2021: €-407k
2022: €-409k
2023: €-409k
2024: €-409k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-364k-€-366k▼ 0.5%€-366k=€-366k▼ 0.2%€-418k▼ 14.1%
Operating result€-2k-€-2k▲ 32.2%€0€-553€-32k▼ 5,648%
Net result€-4k-€-2k▲ 52.7%€0€-553€-52k▼ 9,237%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €32k in 2025 against €553 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
Solvency
-251.4%▼
2024 · -170.5%
Current ratio
0.28▼
2024 · 0.30
Quick ratio
0.00▼
2024 · 0.01
Debt to equity
-1.40▲
2024 · -1.59
ROA
-31.1%▼
2024 · -0.3%
Debt
€584k▲
2024 · €581k
Debt ≤ 1 year
€584k▲
2024 · €581k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€215k€166k▼
Fixed assets21/28€43k€0▼
Financial fixed assets28€43k€0▼
Current assets29/58€172k€166k▼
Stocks and contracts in progress3€166k€166k=
Stocks30/36€166k€166k=
Amounts receivable within one year40/41€6k€669▼
Trade receivables40-€669
Other amounts receivable41€6k€0▼
Cash at bank and in hand54/58€103€103=
Equity and liabilities
Total equity and liabilities10/49€215k€166k▼
Equity10/15€-366k€-418k▼
Contributions10/11€19k€19k=
Reserves13€11k€11k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-396k€-448k▼
Amounts payable17/49€581k€584k▲
Amounts payable within one year42/48€581k€584k▲
Trade debts44€553€3k▲
Suppliers440/4€553€3k▲
Other amounts payable47/48€581k€581k▲
Income statement
Code20242025
Other operating charges640/8-€6k
Non-recurring operating charges66A-€23k
Gross operating margin9900€-553€-2k▼
Operating profit (loss)9901€-553€-32k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€20k
Recurring financial charges65-€20k
Non-recurring financial charges66B-€20k
Profit (loss) for the period before taxes9903€-553€-52k▼
Profit (loss) for the period9904€-553€-52k▼
Profit (loss) for the period to be appropriated9905€-553€-52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-396k€-448k▼
Profit (loss) brought forward from the previous period14P€-396k€-396k▼
The notes to these accounts (7 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 160 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
NBB filing
Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 1983
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.
Terkamerendalsquare 151050 ElseneGround area
642 m²
Building footprint
324 m²
Volume, LiDAR
4,654 m³
2 parcels, Brussels · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
WESTIN
since 19832.022.856.509
2 parcels
Brussels
2
(100%)
| 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
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,352 companies in sector 56220 we hold annual accounts for 405. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-08-1983
Fiscal year end31-12
Activities, NACEBEL 2025
56220Contract catering and other food service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.