Westpole Belgium
ActiveSummary
The computed 12-month bankruptcy probability of Westpole Belgium is 1.9% (moderate). The 2025 annual accounts show negative equity (-€1.4m) and a net result of -€294,819. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 7% of 6,172 sector peers (NACE 46, financial year 2025). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 30-12-1992 Normal situation
- Activity
- Wholesale of information and communication equipment NACE 46500and 3 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2023
- Establishment units
- 2.061.258.116 1800 Vilvoorde, since 04-09-2001
- 2.306.490.942 1435 Mont-Saint-Guibert, since 26-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Board and ownership
- Olivier VangrunderbeekManaging director
- Alain ConrardDirector
- Stéphane ConrardDirector
- Auditor
- REWISE
- PLAHOMA THIRTEEN AG100%annual accounts 2025
- Canon Europa NVconsolidatesannual accounts 2019
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
- Turnover
- €40.5m
- ▼ 13.2%
- Loss
- €294,819
- ▲ 119%
- Equity
- -€1.4m
- ▼ 26.7%
- Total assets
- €21.3m
- ▼ 6.5%
- Employees on 31-12-2025
- 110
- ▼ 4.3%
- Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€1.4mLiquidity: current ratio 0.77, cash €4,573Loss of €294,819, the second in a row (financial year 2025)lowers riskLegal form: public limited companyShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, medium-sized). It does better than 4% of them on solvency, 1% on liquidity, 40% on profitability and 9% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€1.4m View
- Risk: 5 loss-making years in a rowloss in financial year 2025 -€294,819 View
- Caution: Result fell in 2025from -€134,802 to -€294,819 ▼ 119% View
- Caution: Less equity than 95% of companies in wholesale tradesector median €1.6m · 6,104 companies -€1.4m View
- EU supportawarded from 2022 to 2025 €31.7m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Recent changes
- · Gazette deed Resignation: Jérôme Marsac (director)Appointment: Olivier Vangrunderbeek (director)
- · Gazette deed Appointment: Jérôme MARSAC (director)
- · Gazette deed Capital & shares · Amendment of the articles · Name
Comparable companies
These companies have the same main activity as Westpole Belgium: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €12m and €34m, founded between 1983 and 2004.
| Company | Total assets | Turnover |
|---|---|---|
| Westpole Belgium Vilvoorde | €21.3m | €40.5m |
| VAN ROEY AUTOMATION Turnhout | €24.2m | €54.2m |
| BESTMIX SOFTWARE Maldegem | €14.8m | €21.8m |
| Lab9 Pro Kortrijk | €12.2m | €47.6m |
| ROCKWELL AUTOMATION Machelen (Brab.) | €13.4m | €17.4m |
| KONICA MINOLTA BUSINESS SOLUTIONS (BELGIUM) N.V./S.A. Machelen (Brab.) | €33.8m | €46.1m |
| PRODATA SYSTEMS Zaventem | €26.8m | €46.0m |
Key facts about Westpole Belgium
- What is the company number of Westpole Belgium?
- The company number of Westpole Belgium is 0449.223.727. The VAT number is the same number with BE in front: BE 0449.223.727.
- Where is Westpole Belgium based?
- The registered office is at Mechelsesteenweg 542, 1800 Vilvoorde.Company details
- What does Westpole Belgium do?
- According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
- What is the legal form of Westpole Belgium?
- The legal form of Westpole Belgium is Public limited company (NV).
- When was Westpole Belgium founded?
- Westpole Belgium was founded on 30-12-1992.
- Is Westpole Belgium still active?
- Yes, Westpole Belgium is an active enterprise in the KBO register.
- How many employees does Westpole Belgium have?
- Westpole Belgium had an average of 106.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Westpole Belgium fall under?
- In its 2023 annual accounts, Westpole Belgium states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of Westpole Belgium?
- The turnover of Westpole Belgium was €40.5m in financial year 2025, according to the filed annual accounts.
- Is Westpole Belgium profitable?
- In financial year 2025, Westpole Belgium made a loss of €294,819.
- Where can I find the annual accounts of Westpole Belgium?
- Westpole Belgium filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Westpole Belgium due?
- Westpole Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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