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WESTBIKES

Active
Private limited company (pre-2019)founded 1993active for 33 yearsKoning Ridderdijk 6, 8434 Middelkerke, BelgiumKBO/BCE: BE 0449.174.435
Summary

WESTBIKES has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,655 and a net result of €16,842. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 33% of 1,816 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Renting and leasing of sports and recreation goods
NACE 77210
6th oldest company in Middelkerke, Administrative and support services sector1 site
Size
€374,154total assets 2025
Equity
€45,655
Profit
€16,842
Turnover not published (micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 7 days early2 of 8 deeds summarised
Why 87raises risk1 of the last 3 lateEquity €45,655 (12.2% of total assets)lowers riskFounded in 1993Size: total assets €374,154Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 77, micro)
Financial strength · tick = 2024
Average
Solvency 37+4
equity 12.2% of total assets
Liquidity 49+1
short-term debt 32.4% · cash 10.0%
Profitability 74-6
return on assets 4.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,166 companies, NACE 77, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025 09-2025: 1.1%▲ +0.2 percentage points vs 08-2025 10-2025: 1.6%▲ +0.5 percentage points vs 09-2025highest value 11-2025: 0.5%▼ -1.1 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.33, compared with 0.32 in 2024, below 1; short-term debt: 32.4% and cash: 10% of total assets), and 87.8% 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 77, micro): better than 30% on solvency, 53% on liquidity, 62% on profitability and 88% on growth.

The bankruptcy probability was computed on 27-10-2026 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 riskraises riskneutral
lowers risk · Founded in 1993
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €374,154
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Equity €45,655 (12.2% 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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
68 days late
2023
28 days late
2022
37 days late
2021
30 days late
2020
27 days late
2019
91 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 39 days after the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% 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 30 August (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Peterson Andy Quisema (director)Gazette deed
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: 6th oldest company in Middelkerke, Administrative and support services sectorin the Checked rankings No. 6 View
  • Caution: A director leftlatest change 30-06-2026 · 1 in office 1 left View
  • Active since 1993founded 07-01-1993 33 years View

By topic

Financials

Financial year
2025
Total assets
€374,154
Profit
€16,842
Solvency
12.2%
Total assets▼ 0.8%
Net result
20182025
Go to Financials

Timeline

Events
38
Since
1994
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 14-10-2024Appointment: Andy Quisema (director)
  3. 28-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Renting and leasing of sports and recreation goodsNACE 77210
Founded
07-01-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about WESTBIKES

What is the company number of WESTBIKES?
0449.174.435. In Belgium the VAT number is the company number with BE in front: BE 0449.174.435.
Where is WESTBIKES based?
The registered office is at Koning Ridderdijk 6, 8434 Middelkerke.Company details
What does WESTBIKES do?
According to the KBO register, the main activity is renting and leasing of sports and recreation goods (NACE 77210).
What is the legal form of WESTBIKES?
Private limited company (pre-2019) (BVBA).
When was WESTBIKES founded?
On 07-01-1993.
Is WESTBIKES still active?
Yes, WESTBIKES is an active enterprise in the KBO register.
How many employees does WESTBIKES have?
On average 0.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of WESTBIKES?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is WESTBIKES profitable?
In financial year 2025, WESTBIKES made a profit of €16,842.
Where can I find the annual accounts of WESTBIKES?
WESTBIKES filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WESTBIKES due?
By 31-07-2027, for financial year 2026.Timeline

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