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Wilde Westen

Active
Non-profit associationfounded 1981active for 45 yearsConservatoriumplein(Kor) 1, 8500 Kortrijk, Belgium10 active companies are registered at this addressKBO/BCE: BE 0421.878.635
Summary

Wilde Westen has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €982,719 and a net result of €23,478. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 67% of 2,030 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Media representation
NACE 73120Promotion and organisation of arts and performing arts events NACE 90391
10th oldest company in West Flanders, Advertising and market research sector1 site
Size
€1.6mtotal assets 2025
Staff
8.3 FTE
Equity
€982,719
Surplus
€23,478
Turnover not published (abbreviated format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 74 days early1 of 13 deeds read
Why 95lowers riskLegal form: non-profit associationLiquidity: current ratio 4.66, cash €814,471Founded in 1981Equity €982,719 (63.3% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 73, micro)
Financial strength · tick = 2024
Strong
Solvency 88+3
equity 63.3% of total assets
Liquidity 98=
short-term debt 13.6% · cash 52.4%
Profitability 71-4
return on assets 1.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,206 companies, NACE 73, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.66, compared with 4.92 in 2024, above the usual 1.5; short-term debt: 13.6% and cash: 52.4% of total assets), and 36.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro): better than 61% on solvency, 92% on liquidity, 40% on profitability and 40% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 4.66, cash €814,471
NBB · annual accounts
lowers risk · Founded in 1981
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €982,719 (63.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 days early
2024
76 days early
2023
97 days early
2022
81 days early
2021
38 days early
2020
65 days early
2019
68 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 52 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignations: Felix De Clerck (director) and…Appointments: Valerie Hellebuck (director) and…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025from €84,587 to €23,478 ▼ 72.2% View
  • Positive: 10th oldest company in West Flanders, Advertising and market research sectorin the Checked rankings No. 10 View
  • Positive: 8 profitable years in a rowprofit 2025: €23,478 8 years View
  • Flemish supportawarded from 2022 to 2025 €3.0m View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Active since 1981founded 20-07-1981 45 years View

By topic

Financials

Financial year
2025
Total assets
€1.6m
Profit
€23,478
Solvency
63.3%
Total assets▼ 6.2%
Net result
20182025
Go to Financials

Timeline

Events
19
Since
2011
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 25-04-2024Annual accounts filed
  3. 11-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Media representationNACE 73120
Founded
20-07-1981
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
20
Purpose
“Culturele activiteiten te organiseren,te produceren,uit te geven en te verspreiden in de…” (deed in Dutch)
Go to Articles of association

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