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WESTEL

Active Risk: low
Coöperatieve vennootschap (oud statuut)founded 1989active for 37 yearsde Merodedreef 189, 2260 Westerlo, BelgiumKBO/BCE: BE 0438.967.065
Summary

WESTEL has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,471 and a net result of -€665. Equity has been shrinking by about 5.7% per year since 2018. The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 05-09-1989 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.045.886.881 2260 Westerlo, since 04-12-1989
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • VAN HOVE WimDirector
  • VC WESTERLO VZWDirector
Shareholders
  • KVC WESTERLO· score 5130-06-2025 annual accounts of KVC WESTERLO

Financial position

Bankruptcy probabilitywithin 12 months
0.6%
Too few figures to score
Annual accounts 2025
Gross margin
-€265
▲ 87.2%
Loss
€665
▼ 73.0%
Equity
€15,471
▼ 4.1%
Total assets
€15,471
▼ 4.1%
  • 2025 accounts filed 52 days after the deadline
Turnover not published (micro format)
Signalsraises riskLast filed accounts filed 52 days late; 2 of the last 3 accounts lateLiquiditeit niet neergelegd2025 accounts filed 52 days latelowers riskFounded in 1989Size: total assets €15,471Show the evidence

Bankruptcy probability

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.7%▲ +0.1 percentage points vs 02-2025 04-2025: 1.8%▲ +0.1 percentage points vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.9%▲ +0.1 percentage points vs 05-2025 07-2025: 2.1%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.8%▼ -1.3 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026 09-2026: 1.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.6%▼ -0.8 percentage points vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
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Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €15,471
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 52 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Liquiditeit niet neergelegd
NBB · annual accounts
raises risk · 2025 accounts filed 52 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
52 days late
2024
1 day early
2023
65 days late
2022
56 days late
2021
24 days late
2020
11 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 30 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 21 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€665 View

Recent changes

  1. · Gazette deed Incorporation
All 13 events

Key facts about WESTEL

What is the company number of WESTEL?
The company number of WESTEL is 0438.967.065. The VAT number is the same number with BE in front: BE 0438.967.065.
Where is WESTEL based?
The registered office is at de Merodedreef 189, 2260 Westerlo.Company details
What is the legal form of WESTEL?
The legal form of WESTEL is Coöperatieve vennootschap (oud statuut).
When was WESTEL founded?
WESTEL was founded on 05-09-1989.
Is WESTEL still active?
Yes, WESTEL is an active enterprise in the KBO register.
What is the turnover of WESTEL?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is WESTEL profitable?
In financial year 2025, WESTEL made a loss of €665.
Where can I find the annual accounts of WESTEL?
WESTEL filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WESTEL due?
WESTEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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