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WESTWIND EXPLOITATION

Active
Coöperatieve vennootschap (oud statuut)founded 199036 yrs activeChemin des Champs 11, 1380 Lasne, BelgiumKBO/BCE: BE 0440.026.939
Summary

The computed 12-month bankruptcy probability of WESTWIND EXPLOITATION is 7.1% (elevated). For WESTWIND EXPLOITATION, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€417,611) and a net result of -€84,455. Equity is shrinking by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 2673 sector peers (fiscal year 2022). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Equestrian clubs
NACE 93127Crop and animal production, hunting and related service activities NACE 01220
1 site
Size
€41,729total assets 2022
Equity
-€417,611
Loss
-€84,455
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
7.1%
2022 figures too old to score
Structure
Accounts 796 d overdue
Signals- Figures for FY 2022 (filed 26-06-2023)- 3 financial years not filed after the legal deadline- Loss of €84,455, the second in a row (FY 2022)- Two or more financial years not filed+ Size: total assets €41,729Latest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency 0=
equity -1000.8% of total assets
Liquidity 0-3
short-term debt 974.3%
Profitability 0=
return on assets -202.4%
Bankruptcy probability, 12 months
7.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,256 companies)
Last 24 months 11-2024: 3.0%lowest value 12-2024: 3.5%▲ +18.1% vs 11-2024 01-2025: 5.3%▲ +50.3% vs 12-2024 02-2025: 5.3%● 0.0% vs 01-2025 03-2025: 5.5%▲ +4.3% vs 02-2025 04-2025: 5.1%▼ -8.2% vs 03-2025 05-2025: 5.1%● 0.0% vs 04-2025 06-2025: 5.1%● 0.0% vs 05-2025 07-2025: 5.7%▲ +13.0% vs 06-2025 08-2025: 7.7%▲ +34.6% vs 07-2025highest value 09-2025: 7.7%● 0.0% vs 08-2025highest value 10-2025: 7.7%● 0.0% vs 09-2025highest value 11-2025: 7.7%● 0.0% vs 10-2025highest value 12-2025: 7.7%● 0.0% vs 11-2025highest value 01-2026: 7.7%● 0.0% vs 12-2025highest value 02-2026: 7.7%● 0.0% vs 01-2026highest value 03-2026: 7.7%● 0.0% vs 02-2026highest value 04-2026: 7.7%● 0.0% vs 03-2026highest value 05-2026: 7.7%● 0.0% vs 04-2026highest value 06-2026: 7.7%● 0.0% vs 05-2026highest value 07-2026: 7.7%● 0.0% vs 06-2026highest value 08-2026: 7.1%▼ -7.5% vs 07-2026 09-2026: 7.1%● 0.0% vs 08-2026 10-2026: 7.1%● 0.0% vs 09-2026
  • Figures for FY 2022 (filed 26-06-2023) raises the probability
  • 3 financial years not filed after the legal deadline raises the probability
  • Size: total assets €41,729 lowers the probability for this profile
  • Loss of €84,455, the second in a row (FY 2022) raises the probability
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2022 (filed 26-06-2023)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €41,729
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €84,455, the second in a row (FY 2022)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline05-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-06-2023, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
35 d early
2021
32 d early
2020
31 d early
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Annual accounts filedfiscal year 2022 · micro…
  2. Weakest financial yearnet -€84,455
  3. Annual accounts filedfiscal year 2021 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 796 d late View
  • Risk: Negative equityfiscal year 2022: debts exceed assets -€417,611 View
  • Risk: 4 loss-making years in a rowloss fiscal year 2022 -€84,455 View
  • Caution: Result fell in 2022from -€33,593 to -€84,455 ▼ 151% View
  • Caution: Among the weakest 5% on solvencysector median 24.2% · 2,673 companies -1000.8% View

By topic

Financials

Fiscal year
2022
Total assets
€41,729
Loss
-€84,455
Solvency
-1000.8%
Total assets▲ 1.7%
Net result
20192022
Go to Financials

Timeline

Events
11
Since
2013
  1. 26-06-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 29-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Coöperatieve vennootschap (oud statuut)
Activity
Equestrian clubsNACE 93127
Founded
21-02-1990
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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