Equity
€553,365 ▲ 3.4%
WESTVELD has made a profit in every financial year since 2007.
WESTVELD
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2005peak €579,451 (2025)
€579,451▲ 2.7%
peak €220,356 (2017)
€198,034▼ 3.6%
peak €553,365 (2025)
€553,365▲ 3.4%
€1.1m▼ 4.8%
peak 3.8 FTE (2007)
3.4 FTE▼ 2.9%
Board1 name since 2007
1 director
Owners
93.5%
Documentsfilings and deeds
03-12-202559 days before the deadline
2025abbreviated format
Demerger proposal: WESTVELD BV splits off to COOREVITSDEMITS BV 15-12
Key points
from the 2025 annual accountsFilings
21 annual accounts since 2005
The last five annual accounts were filed 35 to 78 days before the end of the period.
Restructuring
2025
Branch transferred to COOREVITSDEMITS BV. Contribution on 01-07-2025.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as WESTVELD has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
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 497,331 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 31,356 companies, not a prediction for WESTVELD. 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
Board and ownership
Director, , since 01-07-2007
- 93.5%score equity €2.2m (2025) · 30-06-2025 annual accounts of Coorevitsdemits
- annual accounts 30-06-2018
Recent changes
Demerger: WESTVELD splits off to COOREVITSDEMITS
COOREVITSDEMITS holds 187 shares · Share issue: €2 · holds 2 shares · General meeting of 29-01-2026 · Gazette deed
Demerger proposal: WESTVELD BV splits off to COOREVITSDEMITS BV
Permanent representative: · Appointment: (company auditor) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0862365929
Change of role: COOREVITSDEMITS, from manager to director
Permanent representative: · “Het administratief en commercieel beheer van één of meer apotheken uitgebaat onder het wetenschappelijk…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 05-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WESTVELD Ghent | €1.7m | €579,451 | 33.2% | 3.4 |
| Dermatuer-Pro Antwerp | €1.6m | €439,822 | 95.5% | 2.3 |
| Care Personal Beauty Zottegem | €1.4m | €742,382 | 40.3% | 4.3 |
| VS PHARMA Chaudfontaine | €1.2m | €528,053 | 60.1% | 4.1 |
| SPECIAL BEAUTIFULL Ixelles | €0.9m | €308,382 | 65.3% | 3.2 |
| LA MAISON DU PARFUM Antwerp | €1.1m | €363,811 | 28.8% | 5.7 |
| PLACE VENDOME Wevelgem | €1.0m | €366,746 | 69.5% | 2.6 |
These companies have the same main activity as WESTVELD: retail sale of cosmetics and toilet articles (NACE 47750). They are comparable in size and age: total assets between €854,000 and €1.6m, founded between 1991 and 2014.
Official details
Source: KBO- Status
- Active since 23-12-2003Normal situation
- Activity
- Retail sale of cosmetics and toilet articlesNACE 47750and 3 others
- Joint committee
- 313Pharmacies and pricing offices · annual accounts 30-06-2023
- Establishment unit
- 2.190.675.9129040 Ghent, since 23-08-2010
- Financial year end
- 30 June
- Peppol
- Reachable since 02-06-2025
Annual accounts to 30-06-2025
- ≈ €2.1mestimated
- €1.7m▼ 2.2%
- Employeeson 30-06-2025
- 4=
- Filing
- Filed on 03-12-2025, 59 days before the end of the filing period
Insights on WESTVELD
WESTVELD files the abbreviated format. That format states no turnover. The gross margin rose from €426,962 in 2007 to €579,451 in 2025.
The balance sheet grew most in 2022 through fixed assets.
Coorevitsdemits holds 93.5% of the shares.
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 WESTVELD
- What is the company number of WESTVELD?
- The company number of WESTVELD is 0862.365.929. The VAT number is the same number with BE in front: BE 0862.365.929.
- Where is WESTVELD based?
- The registered office is at Alfons Braeckmanlaan 202, 9040 Ghent.Company details
- What does WESTVELD do?
- According to the KBO register, the main activity is retail sale of cosmetics and toilet articles (NACE 47750).
- What is the legal form of WESTVELD?
- WESTVELD is a private limited company (BV).
- When was WESTVELD founded?
- WESTVELD was founded on 23-12-2003.
- Is WESTVELD still active?
- Yes, WESTVELD is an active enterprise in the KBO register.
- How many employees does WESTVELD have?
- WESTVELD had an average of 3.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does WESTVELD fall under?
- In its 30-06-2023 annual accounts, WESTVELD states joint committee 313 (Pharmacies and pricing offices).
- What is the turnover of WESTVELD?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €579,451 and 47 comparable companies (NACE 477). It probably lies between €1.6m and €3.2m.
- Is WESTVELD profitable?
- In financial year 2025, WESTVELD made a profit of €198,034.
- Where can I find the annual accounts of WESTVELD?
- WESTVELD filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WESTVELD due?
- WESTVELD must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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