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WESTSIDE

Active Private limited companyfounded 2007active for 19 yearsProf. Jozef Vercoulliestraat 30, 8400 OstendKBO/BCE: BE 0889.453.673
WESTSIDE
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Overview

Lifetime

15 annual accounts with figures on one time axis
peak €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 accounts

Turnover

≈ €300,000 estimated

The micro format states no turnover.

Debts

€60,017 74% of the balance sheet
Financial debts 39%Suppliers 36%Taxes and wages 1%Other 24%

Of this, €36,517 falls due within a year.

Filings

15 annual accounts 105 days past the deadline
AprilJune31 JulyOctober201020152020

2025 accounts not filed: deadline was 31-07-2026.

Checked 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
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

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
All 30 events

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
Company details

Annual accounts 2024

€25,850▼ 9.7%
€8,181▼ 39.2%
€21,063▲ 63.5%
€81,080▼ 36.7%
Filing
Filed on 30-11-2025
Financials

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.

Financials

Annual accounts 2024

micro format, filed on 30-11-2025, 122 days late

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 13 November 2026.

€25,850
▼ 9.7%
€16,412
▼ 6.3%
€8,181
▼ 39.2%
€20,713
▲ 43.9%
26.0%
▲ 15.9 percentage points
1.57
▲ 0.39

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €300,000. Estimated: probably between €200,000 and €460,000.

Balance sheet

balance sheet total €81,080 on 31-12-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

26.0%

Higher than 44% of 25,635 companies in 2024.

1.57

Higher than 54% of 24,689 companies in 2024.

10.1%

Higher than 70% of 24,859 companies in 2024.

WESTSIDE Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202420232022202120202019201820172016201520132012201120102009
Balance sheet: assets
20/58 81,080128,01621,90226,86246,86242,30940,39539,98545,18641,84942,19151,82657,81331,86536,014
21/28 23,85031,4501,0501,0501,0501,0501,050--3,74912,10416,28220,544337734
22/27 22,80030,400-------3,74912,10416,28220,544337734
23 ----------175263435337734
24 22,80030,400-------3,74911,92916,01920,109--
28 1,0501,0501,0501,0501,0501,0501,050--------
29/58 57,23096,56620,85225,81245,81241,25939,34539,98545,18638,10030,08735,54437,26931,52835,280
3 11,13115,36717,59723,67033,67033,67033,67028,58226,84225,81327,24325,92030,80730,80730,807
30/36 11,13115,36717,59723,67033,67033,67033,67028,58226,84225,81327,24325,92030,80730,80730,807
40/41 21,11561,2968698442,151-74731-6,1938857,0975,8535503,963
40 21,09853,414869592260----------
41 167,883-2521,891-74731-6,1938857,0975,8535503,963
54/58 24,98419,9022,0491,2979,9917,5895,60110,67218,3446,0931,9592,527609171510
490/1 --338------------
Balance sheet: equity and liabilities
10/49 81,080128,01621,90226,86246,86242,30940,39539,98545,18641,84942,19151,82657,81331,86536,014
10/15 21,06312,8824,422-47,385-15,69433,4843,6233,5325,2883,9824,0443,6342,1568,2267,947
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
10 -----6,2006,200--------
100 -----18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -----12,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
11 --6,2006,2006,200----------
1109/19 --6,2006,2006,200----------
13 14,8631,8601,8601,8601,86018,8601,8601,8601,8601,8601,8601,8601,8601,8601,747
130/1 1,8601,8601,8601,8601,86018,8601,860--------
130 -----1,8601,8601,8601,8601,8601,8601,8601,8601,8601,747
1311 1,8601,8601,8601,8601,86017,000---------
133 13,003--------------
14 -4,822-3,638-55,445-23,7548,424-4,437-4,528-2,772-4,078-4,016-4,426-5,904166-
17/49 60,017115,13417,48174,24762,5568,82436,77236,45339,89837,86838,14848,19255,65723,64028,067
17 23,50032,9655,9655,9655,9655,96520,00020,00020,00020,37532,23440,33220,00020,00020,000
170/4 23,50032,9655,9655,9655,9655,96520,00020,00020,00020,37532,23440,33220,00020,00020,000
42/48 36,51782,16911,51668,28256,5921,66016,77216,45319,89817,4925,9137,86035,6573,6408,067
42 ---------2,4362,9882,302---
44 21,68774,1406,62417,87011,6898355,8336,77410,255-2,2833,09334,215622-
440/4 21,68774,1406,62417,87011,6898355,8336,77410,255-2,2833,09334,215622-
45 6291,8491856112,0167641,0979382,3552,1492111,1495439082,146
450/3 6291,84918561167641,0979382,3552,1492111,1495439082,146
454/9 ----12,000----------
47/48 14,2026,1814,70850,35032,886619,8428,7417,28712,9074321,3159002,1095,920
492/3 -----1,200---------
Income statement
76A -8,264---5---------
9900 25,85028,63856,339-22,937-46,67432,4641,737-2326,2794,5737,0868,577-4,1891,8433,955
630 7,6007,600------3,7494,1784,1784,262681397686
640/8 1,8383,5191,7732,3949871,2783294452094993896897317121,143
9901 16,41217,52054,566-25,331-47,66131,1861,408-6782,321-1042,5203,626-5,6027342,127
75/76B 1132800--17700------
75 1132800--17700------
65/66B 4889753,0393,9391,5181,3241,4941,0781,0251,2862,1112,148468456368
65 4889753,0393,9391,5181,3241,4941,0781,0251,2862,1112,148468456368
9903 15,92516,55851,806-29,270-49,17929,86291-1,7561,296-1,3904091,479-6,0702781,759
67/77 7,7443,098-2,420-----10------
9904 8,18113,46051,806-31,690-49,17929,86291-1,7561,306-1,3904091,479-6,0702781,759
789 ----17,000----------
689 -----17,000---------
9905 8,18113,46051,806-31,690-32,17912,86291-1,7561,306-1,3904091,479-6,0702781,759
Appropriation of the result
9906 13,0039,822-3,638-55,445-23,7548,424-4,437-4,528-2,772-4,078-4,016-4,426-5,9042781,747
14P 4,822-3,638-55,445-23,7548,424-4,437-4,528--------
691/2 13,003------------1131,747
6920 -------------1131,747
6921 13,003--------------
694/7 -5,000-------------
695 -5,000-------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 30-11-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2024 micro format 30-11-2025 2025-00573237 PDF
31-12-2023 micro format 28-11-2024 2024-00605712 PDF
31-12-2022 micro format 05-10-2023 2023-00472102 PDF
31-12-2021 micro format 20-07-2023 2023-00280781 PDF
31-12-2020 micro format 20-07-2023 2023-00280923 PDF
31-12-2019 micro format 20-07-2023 2023-00278668 PDF
31-12-2018 micro format 29-06-2023 2023-00206205 PDF
31-12-2017 micro format 31-08-2018 2018-59900276 PDF
31-12-2016 micro format 30-08-2017 2017-54300231 PDF
31-12-2015 abbreviated format 31-08-2016 2016-55800431 PDF
31-12-2013 abbreviated format 29-08-2014 2014-54200492 PDF
31-12-2012 abbreviated format 29-08-2013 2013-52000143 PDF
31-12-2011 abbreviated format 31-08-2012 2012-52600539 PDF
31-12-2010 abbreviated format 28-07-2011 2011-35700293 PDF
31-12-2009 abbreviated format 30-08-2010 2010-50100336 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202420232022202120202019201820172016201520132012201120102009
24,01225,120------6,0704,0746,6977,888-4,9201,1322,813
15,78121,060------5,0552,7884,5875,741-5,3896752,444
038,000----1,050-0-0020,8880-
5,08217,853751-8,6942,4031,988-5,071-7,67212,250--5681,919438-339-
20,71314,3979,337-42,470-10,77939,59922,57323,53225,28820,60824,17427,6841,61227,88827,213
26.0%10.1%20.2%-176.4%-33.5%79.1%9.0%8.8%11.7%9.5%9.6%7.0%3.7%25.8%22.1%
1.571.181.810.380.8124.862.352.432.272.185.094.521.058.664.37
1.260.990.280.030.214.570.340.690.920.700.481.220.180.200.55
2.858.943.95--0.2610.1510.327.559.519.4313.2625.822.873.53
38.8%104.5%---89.2%2.5%-49.7%24.7%-34.9%10.1%40.7%-281.6%3.4%22.1%
10.1%10.5%236.5%-118.0%-104.9%70.6%0.2%-4.4%2.9%-3.3%1.0%2.9%-10.5%0.9%4.9%
49.1825.77-------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20242023202220212020
Tangible fixed assets-€38,000---
€7,600€7,600---

Source: notes to the 2020 to 2024 annual accounts (statement of fixed assets)

Insights on WESTSIDE

The operating result for 2024 is 6% lower than in 2023 and the lowest since 2021. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 89.9% to 74.0%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2023
Director
appointed by deed of 22-02-2016 term without a fixed end
listed in the 2022 annual accounts, filed on 05-10-2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 16-05-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director

Director
BoardEarliermandate already running before its first mention
Mandates as a list
    • Manager, appointed by deed of 22-02-2016, until 16-05-2023
    • Director, since before 16-05-2023
    • Director, until 16-05-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,200
Source
2024 annual accounts

Articles of association

deed of 16-05-2023 (in Dutch)
Daily managementDay-to-day management handles the everyday running of the business without the full board.
The board decides whether the delegates act alone or jointly
Profit allocationThe articles set how profit is distributed. A BV may only pay out after a balance-sheet and liquidity test.
“Algemene vergadering bepaalt de aanwending van de jaarlijkse nettowinst, op voorstel van het bestuursorgaan”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of April at 18:00

Capital transactions

Capital over time
  1. 16-05-2023 Converted to unavailable equity
  2. 16-05-2023 Converted to uncalled contributions

Network & group

No group

WESTSIDE has no parent and no holdings in its annual accounts. is the only director. WESTSIDE shares no director with another company.

At the same address

Prof. Jozef Vercoulliestraat 30, 8400 Ostend · 2 other companies
Vereniging van nachtwinkels in België
registered office since 26-07-2017
 founded in 2017
0678.875.779
LIN EN CLO
registered office since 26-02-1991
 founded in 1991
0443.119.853

Timeline

Timeline

30 events since 2007
2025
Annual accounts 2024 filed PDFmicro format · 122 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0889453673
2024
Annual accounts 2023 filed PDFmicro format · 120 days late
2023
Annual accounts 2022 filed PDFmicro format · 66 days late
Strikeout withdrawn effective 20-07-2023
Annual accounts 2019 filed PDFmicro format · 1084 days late
Annual accounts 2020 filed PDFmicro format · 719 days late
Annual accounts 2021 filed PDFmicro format · 354 days late
Annual accounts 2018 filed PDFmicro format · 1429 days late
2 directors resigning, 1 reappointmentResignations: and · Reappointment: · Legal-form conversion: to private limited company · General meeting of 05-05-20237 points ▸
  • General meeting, 05-05-2023
  • Legal-form conversion, to private limited company
  • Director resignation,
  • Director resignation,
  • Director reappointment,
  • 100 shares
  • Power of attorney, WESTSIDE
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2022
Back to profit net €51,806 The net result is €51,806, after 2 loss-making years.
Liquidity more than quadruples current ratio 1.81 The current ratio rises from 0.38 to 1.81. Short-term debt falls from €68,282 to €11,516.
2020
Weakest financial year net -€49,179 The net result drops to -€49,179, the lowest from 2009 to 2024. It recovers the following year.
2019
Liquidity more than 10 times current ratio 24.86 The current ratio rises from 2.35 to 24.86. Short-term debt falls from €16,772 to €1,660.
2018
Back to profit net €91 The net result is €91, after one loss-making year.
Annual accounts 2017 filed PDFmicro format · 31 days late
2017
Annual accounts 2016 filed PDFmicro format · 30 days late
2016
Back to profit net €1,306 The net result is €1,306, after one loss-making year.
Annual accounts 2015 filed PDFabbreviated format · 31 days late
Appointment: (manager)General meeting of 10-11-20152 points ▸
  • General meeting, 10-11-2015
  • Director appointment, (manager)

Open the deed in the Belgian Official Gazette

2014
Annual accounts 2013 filed PDFabbreviated format · 29 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 29 days late
2012
Back to profit net €1,479 The net result is €1,479, after one loss-making year.
Liquidity more than quadruples current ratio 4.52 The current ratio rises from 1.05 to 4.52. Short-term debt falls from €35,657 to €7,860.
Annual accounts 2011 filed PDFabbreviated format · 31 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 3 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 30 days late
2007
New establishment in Ostend Torhoutsesteenweg 444
First establishment Prof. Jozef Vercoulliestraat 30, Ostend
Incorporation PDFpublished on 25-05-2007

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

WESTSIDE was incorporated on 11 May 2007.1 Total assets rose from €40,395 in 2018 to €81,080 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2024

Company details

Identity

Enterprise number
0889.453.673
VAT number
BE 0889.453.673
Peppol ID
0208:0889453673
Other Peppol ID
9925:BE0889453673
Legal form
Private limited company
Status
Active, normal situation
Founded
11-05-2007
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of April at 18:00
deed of 16-05-2023 (in Dutch)
Meeting accessThe articles set who may attend the meeting and what is needed to be admitted.
“Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de…”
deed of 16-05-2023 (in Dutch)
Peppol
Reachable since 30-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
WESTSIDE in Dutch
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 16-05-2023 (in Dutch)

Activities

NACEBEL 2025
47110 Non-specialised retail sale with food, beverages or tobacco predominating main activity
47252 Retail sale of beverages, general range
47260 Retail trade
47789 Other retail sale of new goods
Codes under NACEBEL 2008
47112 Retail trade main activity
47111 Retail trade
47252 Retail trade
47260 Retail trade
47789 Retail trade
Codes under NACEBEL 2003
52112 main activity
52111
52250
52260
52498
PurposeThe purpose describes the activities the company may carry out under its articles.
“1. De handel in al zijn aspecten (zowel groot- als kleinhandel, in- en uitvoer, tussenpersoon in de handel, enzovoort) in alle zowel…”
5 activities
  1. 1. De handel in al zijn aspecten (zowel groot- als kleinhandel, in- en uitvoer, tussenpersoon in de handel, enzovoort) in alle zowel gebruiks- als verbruiksgoederen (zoals grondstoffen, uitrustingsgoederen, koopwaar en allerhande producten, dit alles in de ruimste zin.
  2. 2. Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen; de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen.
  3. 3. Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen.
  4. 4. Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen.
  5. 5. Het optreden als bestuurder, als vereffenaar of ook nog het waarnemen van om het even welk mandaat of functie in andere vennootschappen, ondernemingen of verenigingen.
deed of 16-05-2023 (in Dutch)

Registered office and establishments

2 establishments
Establishment Since Unit numberFASFC approval
Prof. Jozef Vercoulliestraat 30 registered office 8400 Ostend 25-06-2007 2.163.838.089 Retail trade
Torhoutsesteenweg 444 8400 Ostend 01-07-2007 2.179.575.251 Retail trade

Buildings and parcels at the addresses

Ground area
343 m²
Buildings
335 m²
Volume, LiDAR
2,194 m³
Tallest building
11.2 m
Buildings to scale, each on its own parcel
175 m², 11.2 m 160 m², 11.2 m 175 m², 11.2 m 160 m², 11.2 m

Location

registered office establishment All 2 establishment units on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
35020B0436/00V000175 m² 1 · 175 m² 11.2 m · 2
35384A0112/00N008168 m² 1 · 160 m² 11.2 m · 2

Recognitions

Food safety, FASFC

2 sites
Ostendunit number 2.163.838.089
1 permission
Authorisation · Retail trade · since 01-07-2008
Ostendunit number 2.179.575.251
1 permission
Authorisation · Retail trade · since 01-07-2008

Source: FAVV-AFSCA, open data, updated on 02-11-2026

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