WESTTRANS

Active

Private limited companyfounded 20178 yrs activePathoekeweg 188, 8000 Brugge, BelgiumKBO/BCE: BE 0686.699.226

The computed 12-month bankruptcy probability of WESTTRANS is 1.8% (moderate). The 2025 annual accounts show equity of €1.62M and a net result of €689k. Equity is growing by ~41.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 864 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

75 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+2

Solvency87▲+3

Growth84=

Track record100

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €120k at 30 days acceptable

Liquidity ample (current ratio 2.72 against 2.58 in 2024; short-term debt: 36.6% of total assets), and 38.3% of the assets are financed with debt.

How do we compute the score and the probability?

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

61.7%

Return on assets

26.2%

Age of the figures

14 mo

Latest accounts filed on time

The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 23-02-2026, 5 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

5 d early

2024

4 d early

2023

6 d early

2022

12 d early

2021

1 d late

2020

30 d early

2019

11 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

31-07-2026 close19-09-2026 today28-02-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

€4.35M▲ 20.8%

2024 · €3.60M

2019: €1.49M 2020: €1.90M 2021: €3.16M 2022: €3.36M 2023: €3.64M 2024: €3.60M

2019 → 2025

EBIT margin

16.0%▼ 2.2pp

2024 · 18.2%

2019: 3.3% 2020: 14.1% 2021: 24.1% 2022: 15.9% 2023: 25.9% 2024: 18.2%

2019 → 2025

Net result

€689k▲ 10.1%

2024 · €626k

2019: €20k 2020: €244k 2021: €738k 2022: €421k 2023: €773k 2024: €626k

2019 → 2025

Working capital

€1.66M▲ 13.3%

2024 · €1.46M

2019: €315k 2020: €354k 2021: €405k 2022: €658k 2023: €1.22M 2024: €1.46M

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€3.16M-€3.36M▲ 6.1%€3.64M▲ 8.5%€3.60M▼ 1.1%€4.35M▲ 20.8%

Equity€343k-€588k▲ 71.7%€1.14M▲ 94.0%€1.41M▲ 23.3%€1.62M▲ 15.2%

Operating result€763k-€532k▼ 30.3%€942k▲ 77.0%€655k▼ 30.4%€698k▲ 6.5%

Net result€738k-€421k▼ 43.0%€773k▲ 83.8%€626k▼ 19.1%€689k▲ 10.1%

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 6% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €2.63M

99.7%

Fixed assets €7k▲ 2.0%

Current assets €2.62M▲ 9.7%

Equity and liabilities €2.63M

61.7%

38.3%

Equity €1.62M▲ 15.2%

Debt €1.01M▲ 1.9%

The debt ratio falls from 41.3% to 38.3%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

Solvency

61.7%▲

2024 · 58.7%

Current ratio

2.72▲

2024 · 2.58

Quick ratio

2.72▲

2024 · 2.58

Debt / equity

0.62▼

2024 · 0.70

ROE

42.5%▼

2024 · 44.5%

ROA

26.2%▲

2024 · 26.1%

Debt

€1.01M▲

2024 · €989k

Debt ≤ 1 year

€963k▲

2024 · €925k

Debt > 1 year

€44k▼

2024 · €64k

Income taxes

€79k▼

2024 · €94k

Staff costs

€2.32M▲

2024 · €1.90M

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€2.40M€2.63M▲

Fixed assets21/28€7k€7k▲

Tangible fixed assets22/27€0€0=

Leasing and similar rights25€0€0=

Financial fixed assets28€7k€7k▲

Other financial fixed assets284/8€7k€7k▲

Amounts receivable and cash guarantees285/8€7k€7k▲

Current assets29/58€2.39M€2.62M▲

Amounts receivable within one year40/41€2.31M€2.61M▲

Trade receivables40€312k€717k▲

Other amounts receivable41€2.00M€1.89M▼

Deferred charges and accrued income490/1€75k€12k▼

Equity and liabilities

Total equity and liabilities10/49€2.40M€2.63M▲

Equity10/15€1.41M€1.62M▲

Contributions10/11€300k€300k=

Reserves13€543k€648k▲

Tax-exempt reserves132€518k€505k▼

Distributable reserves133€25k€143k▲

Profit (loss) carried forward14€564k€673k▲

Amounts payable17/49€989k€1.01M▲

Amounts payable after more than one year17€64k€44k▼

Financial debts170/4€64k€44k▼

Leasing and similar obligations172€64k€44k▼

Amounts payable within one year42/48€925k€963k▲

Current portion of amounts payable after more than one year42€27k€19k▼

Trade debts44€351k€196k▼

Suppliers440/4€351k€196k▼

Taxes, remuneration and social security45€157k€247k▲

Taxes450/3€31k€89k▲

Remuneration and social security454/9€126k€158k▲

Other amounts payable47/48€390k€500k▲

Income statement Code20242025

Operating income70/76A€3.67M€4.42M▲

Turnover70€3.60M€4.35M▲

Other operating income74€65k€74k▲

Operating charges60/66A€3.01M€3.73M▲

Services and other goods61€1.10M€1.40M▲

Remuneration, social security and pensions62€1.90M€2.32M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k-

Other operating charges640/8€6k€5k▼

Operating profit (loss)9901€655k€698k▲

Financial income75/76B€75k€80k▲

Recurring financial income75€75k€80k▲

Income from current assets751€75k€80k▲

Other financial income752/9€0-

Financial charges65/66B€10k€10k▼

Recurring financial charges65€10k€10k▼

Debt charges650€9k€9k▼

Other financial charges652/9€965€1k▲

Profit (loss) for the period before taxes9903€720k€768k▲

Income taxes67/77€94k€79k▼

Taxes670/3€94k€79k▼

Profit (loss) for the period9904€626k€689k▲

Transfer from tax-exempt reserves789-€118k

Transfer to tax-exempt reserves689€126k€105k▼

Profit (loss) for the period to be appropriated9905€499k€701k▲

Appropriation of the result

Profit (loss) to be appropriated9906€924k€1.27M▲

Profit (loss) brought forward from the previous period14P€425k€564k▲

Transfer to equity691/2-€118k

To other reserves6921-€118k

Profit to be distributed694/7€360k€475k▲

Directors or managers695€360k€475k▲

Social balance

Average headcount (FTE)908727.233.7▲

The notes to these accounts (43 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 3Filings 7

Next filing, fiscal year 2026, expected by 28-02-2027

2026

23-02

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

24-02

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

23-02

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-07

Financial Highest result since 2019net €773k ▲83.8%

Operating result €942k, net result €773k, both a record.

31-07

Financial Equity above €1MEq €1.14M ▲94%

5 profitable years in a row build equity to €1.14M.

16-02

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-07

Financial Equity above €500kEq €588k ▲71.7%

4 profitable years in a row build equity to €588k.

01-03

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 1 day late

2021

29-01

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

18-02

NBB filing Annual accounts filed

fiscal year 2019 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 acts for this company are 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, Brugge · 3 establishment units since 2017

establishment approximate All 3 establishment units on the map

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.

Pathoekeweg 1888000 Brugge

Ground area

3.9 ha

Building footprint

1.7 ha

Volume, LiDAR

68,576 m³

3 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.

3 establishment units

WESTTRANS

Pathoekeweg 188, 8000 BruggeFreight transport by road

since 20172.272.641.803

WESTTRANS

Brug-Zuid 10, 9880 AalterFreight transport by road

since 20172.273.109.084

Westtrans

Ottergemsesteenweg-Zuid 717, 9000 GentFreight transport by road

since 20212.325.370.211

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44808H0602/00G004	Flanders	1.7 ha	1 · 8,661 m²	10.0 m · 3 fl.
31807I0459/00S010	Flanders	1.5 ha	1 · 8,203 m²	-
44503H0003/52X000	Flanders	7,290 m²	1 · 169 m²	3.5 m · 1 fl.