Turnover
≈ €300,000 estimated
The micro format states no turnover.
WESTSIDE
Lifetime
15 annual accounts with figures on one time axispeak €56,339 (2022)
€25,850▼ 9.7%
lowest -€49,179 (2020)
€8,181▼ 39.2%
peak €33,484 (2019)
€21,063▲ 63.5%
€60,017▼ 47.9%
Board2 names since 2015
1 director
Documentsfilings and deeds
30-11-2025122 days late
2024micro format
Result from €13,460 to €8,181Equity from €12,882 to €21,063Debts from €115,134 to €60,017
Key points
from the 2024 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,052 companies had the same profile as WESTSIDE has now. Each dot stands for 13 companies, two years later.
95.8%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,052 companies, not a prediction for WESTSIDE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0889453673
Strikeout withdrawn
effective 20-07-2023 · KBO administration
2 directors resigning, 1 reappointment
Resignations: and · Reappointment: · Legal-form conversion: to private limited company · General meeting of 05-05-2023 · Gazette deed
Appointment: (manager)
General meeting of 10-11-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WESTSIDE Ostend | - | - | 26.0% | - |
| H&K Rumst | - | - | 59.8% | - |
| WINNONA Antwerp | €319,853 | 0.3% | 67.6% | - |
| EURO STARS Molenbeek-Saint-Jean | €792,456 | 1.0% | 64.8% | - |
| YOUSEF Charleroi | - | - | 70.4% | - |
| HURI Sint-Niklaas | - | - | 86.4% | - |
| ADNAN SHOP Tubize | €515,563 | 0.1% | 70.6% | - |
These companies have the same main activity as WESTSIDE: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €71,400 and €88,100, founded between 2005 and 2009.
Official details
Source: KBO- Status
- Active since 11-05-2007Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 3 others
- Establishment units
- 2.163.838.0898400 Ostend, since 25-06-2007
- 2.179.575.2518400 Ostend, since 01-07-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Insights on WESTSIDE
WESTSIDE files the micro format. That format states no turnover. The gross margin rose from €3,955 in 2009 to €25,850 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WESTSIDE
- What is the company number of WESTSIDE?
- The company number of WESTSIDE is 0889.453.673. The VAT number is the same number with BE in front: BE 0889.453.673.
- Where is WESTSIDE based?
- The registered office is at Prof. Jozef Vercoulliestraat 30, 8400 Ostend.Company details
- What does WESTSIDE do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of WESTSIDE?
- WESTSIDE is a private limited company (BV).
- When was WESTSIDE founded?
- WESTSIDE was founded on 11-05-2007.
- Is WESTSIDE still active?
- Yes, WESTSIDE is an active enterprise in the KBO register.
- What is the turnover of WESTSIDE?
- The turnover in financial year 2024 is ≈ €300,000. This figure is estimated from the gross margin of €25,850 and 168 comparable companies (NACE 47110). It probably lies between €200,000 and €460,000.Financials
- Is WESTSIDE profitable?
- In financial year 2024, WESTSIDE made a profit of €8,181.
- Where can I find the annual accounts of WESTSIDE?
- WESTSIDE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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