WESTKOEKJES
ActiveWESTKOEKJES has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149k and a net result of €14k. Equity is growing by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 13071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-54
Solvency97▲+9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.6 in 2024), and 38.6% of the assets are financed with debt.
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.4%
Return on assets
5.7%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
29 d late
2023
29 d late
2022
31 d late
2021
16 d early
2020
31 d late
2019
28 d late
← 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 2025, micro schema
Equity
€149k▲ 10.2%
2024 · €135k
2018: €8k
2019: €7k
2020: €20k
2021: €53k
2022: €72k
2023: €107k
2024: €135k
2018 → 2025
Total assets
€242k▼ 0.3%
2024 · €243k
2018: €47k
2019: €77k
2020: €70k
2021: €108k
2022: €163k
2023: €175k
2024: €243k
2018 → 2025
Net result
€14k▼ 50.8%
2024 · €28k
2018: €-2k
2019: €-621
2020: €13k
2021: €32k
2022: €20k
2023: €35k
2024: €28k
2018 → 2025
Working capital
€53k▲ 75.8%
2024 · €30k
2018: €4k
2019: €-9k
2020: €4k
2021: €14k
2022: €3k
2023: €28k
2024: €30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€72k▲ 37.5%€107k▲ 48.3%€135k▲ 26.1%€149k▲ 10.2%
Operating result€35k-€22k▼ 37.0%€49k▲ 120%€39k▼ 21.0%€21k▼ 47.0%
Net result€32k-€20k▼ 39.3%€35k▲ 77.0%€28k▼ 19.8%€14k▼ 50.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 47% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242k
Fixed assets
€134k▼ 18.2%
Current assets
€109k▲ 36.1%
Equity and liabilities €242k
Equity
€149k▲ 10.2%
Debt
€93k▼ 13.5%
The debt ratio falls from 44.4% to 38.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€61k▼
2024 · €64k
Cash flow
€54k▲
2024 · €53k
Solvency
61.4%▲
2024 · 55.6%
Current ratio
1.94▲
2024 · 1.60
Quick ratio
1.78▲
2024 · 1.39
Debt / equity
0.63▼
2024 · 0.80
ROE
9.2%▼
2024 · 20.7%
ROA
5.7%▼
2024 · 11.5%
Interest coverage
18.17▼
2024 · 23.58
Debt
€93k▼
2024 · €108k
Debt ≤ 1 year
€56k▲
2024 · €50k
Debt > 1 year
€36k▼
2024 · €58k
Income taxes
€4k▼
2024 · €8k
Staff costs
€63k▲
2024 · €49k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€243k€242k▼
Fixed assets21/28€163k€134k▼
Tangible fixed assets22/27€163k€134k▼
Plant, machinery and equipment23€101k€93k▼
Furniture and vehicles24€62k€41k▼
Current assets29/58€80k€109k▲
Stocks and contracts in progress3€11k€9k▼
Stocks30/36€11k€9k▼
Amounts receivable within one year40/41€10k€25k▲
Trade receivables40€200-
Other amounts receivable41€10k€25k▲
Cash at bank and in hand54/58€57k€74k▲
Deferred charges and accrued income490/1€2k€430▼
Equity and liabilities
Total equity and liabilities10/49€243k€242k▼
Equity10/15€135k€149k▲
Contributions10/11€25k€25k=
Reserves13€4k€4k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€106k€120k▲
Amounts payable17/49€108k€93k▼
Amounts payable after more than one year17€58k€36k▼
Financial debts170/4€58k€36k▼
Amounts payable within one year42/48€50k€56k▲
Current portion of amounts payable after more than one year42€26k€22k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€14k€8k▼
Suppliers440/4€14k€8k▼
Taxes, remuneration and social security45€10k€21k▲
Taxes450/3€10k€17k▲
Remuneration and social security454/9€189€4k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€49k€63k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€40k▲
Other operating charges640/8€799€128▼
Gross operating margin9900€114k€125k▲
Operating profit (loss)9901€39k€21k▼
Financial income75/76B-€132
Recurring financial income75-€132
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€36k€17k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€28k€14k▼
Profit (loss) for the period to be appropriated9905€28k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€106k€120k▲
Profit (loss) brought forward from the previous period14P€78k€106k▲
The notes to these accounts (8 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €35k ▲77%
Operating result €49k, net result €35k, both a record.
31-12
Financial
Equity above €100kEq €107k ▲48.3%
4 profitable years in a row build equity to €107k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Houthulst · 1 establishment unit since 1989
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.
Stokstraat 948650 HouthulstGround area
910 m²
Building footprint
322 m²
Volume, LiDAR
1,197 m³
Parcel 32009E0854/06Y000, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Westkoekjes - Goesto - Grande Home
since 19892.125.844.773
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32009E0854/06Y000 | Flanders | 910 m² | 1 · 322 m² | 8.4 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHouthulst2.125.844.773
Similar companies · same sector, comparable size
MAISON MAQUET
BE 1003.841.716
Namur · Eq €149k
VALENTINO
BE 0460.332.997
Lint · Eq €149k
CASA MADRE
BE 0415.547.901
Leuven · Eq €149k
Bistro Brugis
BE 0654.770.289
Brugge · Eq €149k
TOFFEE
BE 0432.475.884
Gent · Eq €149k
Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 8,964 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-1989
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
47210Retail sale of fruit and vegetables
47810Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.