Westretail
ActiveThe computed 12-month bankruptcy probability of Westretail is 1.7% (moderate). The 2025 annual accounts show equity of €2k and a net result of €37k. Equity is growing by ~55.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 10242 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency5▼-32
Growth78▲+20
Stability82
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 0.67 in 2024), and 99.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
0.3%
Return on assets
4%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 10242 sector peers (2025).
NBB · sector comparisonPosition among 10242 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
31 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, abbreviated schema
Equity
€2k
2024 · €-35k
2023: €-21k
2024: €-35k
2023 → 2025
Total assets
€939k▼ 5.4%
2024 · €993k
2023: €1.18M
2024: €993k
2023 → 2025
Net result
€37k
2024 · €-14k
2023: €-41k
2024: €-14k
2023 → 2025
Working capital
€-180k▲ 18.3%
2024 · €-220k
2023: €-213k
2024: €-220k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-21k-€-35k▼ 68.9%€2k
Operating result€-20k-€8k€58k▲ 648%
Net result€-41k-€-14k▲ 65.0%€37k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 648% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €939k
Fixed assets
€470k▼ 13.3%
Current assets
€469k▲ 4.2%
Equity and liabilities €939k
Equity
€2k
Debt
€937k
Debt finances 99.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€165k▲
2024 · €109k
Cash flow
€144k▲
2024 · €87k
Solvency
0.3%▲
2024 · -3.5%
Current ratio
0.72▲
2024 · 0.67
Quick ratio
0.26▲
2024 · 0.22
ROA
4.0%▲
2024 · -1.4%
Interest coverage
7.82▲
2024 · 4.93
Debt
€937k▼
2024 · €1.03M
Debt ≤ 1 year
€649k▼
2024 · €671k
Debt > 1 year
€288k▼
2024 · €355k
Staff costs
€277k▲
2024 · €216k
A ratio outside any meaningful range has been withheld (balance sheet total €939k, equity €2k).
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€993k€939k▼
Fixed assets21/28€542k€470k▼
Intangible fixed assets21€203k€180k▼
Tangible fixed assets22/27€339k€290k▼
Land and buildings22€197k€175k▼
Plant, machinery and equipment23€142k€115k▼
Current assets29/58€451k€469k▲
Stocks and contracts in progress3€300k€302k▲
Stocks30/36€300k€302k▲
Amounts receivable within one year40/41€18k€39k▲
Trade receivables40€11k€30k▲
Other amounts receivable41€7k€9k▲
Cash at bank and in hand54/58€125k€118k▼
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€993k€939k▼
Equity10/15€-35k€2k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-55k€-18k▲
Amounts payable17/49€1.03M€937k▼
Amounts payable after more than one year17€355k€288k▼
Financial debts170/4€355k€288k▼
Amounts payable within one year42/48€671k€649k▼
Current portion of amounts payable after more than one year42€70k€73k▲
Trade debts44€416k€412k▼
Suppliers440/4€416k€412k▼
Taxes, remuneration and social security45€44k€67k▲
Taxes450/3€34€10k▲
Remuneration and social security454/9€44k€57k▲
Other amounts payable47/48€140k€98k▼
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€216k€277k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€107k▲
Other operating charges640/8€11k€13k▲
Gross operating margin9900€336k€455k▲
Operating profit (loss)9901€8k€58k▲
Financial income75/76B€102€29▼
Recurring financial income75€102€29▼
Financial charges65/66B€22k€21k▼
Recurring financial charges65€22k€21k▼
Profit (loss) for the period before taxes9903€-14k€37k▲
Profit (loss) for the period9904€-14k€37k▲
Profit (loss) for the period to be appropriated9905€-14k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-18k▲
Profit (loss) brought forward from the previous period14P€-41k€-55k▼
Social balance
Average headcount (FTE)90877.68.6▲
The notes to these accounts (14 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €37k
Net result €37k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 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, Grobbendonk · 1 establishment unit since 2023
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.
Hazenpad 82280 GrobbendonkGround area
4,451 m²
Building footprint
2,556 m²
Volume, LiDAR
20,196 m³
2 parcels, Flanders · tallest building 30.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Westretail
since 20232.350.464.210
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13049B0889/00A000 | Flanders | 3,623 m² | 1 · 2,414 m² | 30.3 m · 2 fl. |
| 13010E0205/00W000 | Flanders | 828 m² | 1 · 142 m² | 8.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 571 EUR awarded · 571 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 196 EUR | 196 EUR |
| 2024 | 1 | 375 EUR | 375 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWesterlo2.350.464.210
Dual-learning approval
3 live approvalsOnthaal, organisatie en sales duaal (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 1,639 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2023
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
01500Mixed farming
01620Support activities for animal production
46110Wholesale trade
47279Other retail sale of food
47299Retail trade
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.