Westore
ActiveSummary
Westore has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €34k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 52% of 2544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+5
Solvency66▲+32
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 0.52 in 2024; short-term debt: 58.4% and cash: 35.8% of total assets), and 58.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
32 d early
2024
34 d early
2023
27 d early
2022
31 d early
2021
23 d early
2020
29 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€34k▲ 55.5%
2024 · €22k
2019: €845
2020: €13k
2021: €6k
2022: €-42k
2023: €-814
2024: €22k
2019 → 2025
Working capital
€5k
2024 · €-46k
2019: €41k
2020: €82k
2021: €15k
2022: €-56k
2023: €-67k
2024: €-46k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€-12k€-13k▼ 6.6%€9k€43k▲ 381%
Operating result€9k-€-44k€-3k▲ 94.1%€20k€45k▲ 118%
Net result€6k-€-42k€-814▲ 98.1%€22k€34k▲ 55.5%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 118% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105k
Fixed assets
€38k ▼ 31.7%
Current assets
€67k ▲ 37.5%
Equity and liabilities €105k
Equity
€43k ▲ 381%
Debt
€62k ▼ 35.3%
Debt's share of the balance-sheet total falls from 91.4% to 58.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71k▲
2024 · €46k
Cash flow
€60k▲
2024 · €47k
Current ratio
1.09▲
2024 · 0.52
Quick ratio
0.80▲
2024 · 0.36
Debt to equity
1.43▼
2024 · 10.67
ROE
79.2%▼
2024 · 245.3%
ROA
32.5%▲
2024 · 21.0%
Interest coverage
384.88▲
2024 · 246.96
Debt ≤ 1 year
€61k▼
2024 · €94k
Income taxes
€12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€105k€105k▲
Fixed assets21/28€56k€38k▼
Tangible fixed assets22/27€56k€38k▼
Plant, machinery and equipment23€17k€11k▼
Furniture and vehicles24€33k€23k▼
Other tangible fixed assets26€6k€4k▼
Current assets29/58€49k€67k▲
Stocks and contracts in progress3€15k€18k▲
Stocks30/36€15k€18k▲
Amounts receivable within one year40/41€14k€4k▼
Trade receivables40€6k€2k▼
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€3k€38k▲
Deferred charges and accrued income490/1€17k€8k▼
Equity and liabilities
Total equity and liabilities10/49€105k€105k▲
Equity10/15€9k€43k▲
Contributions10/11€8k€8k=
Reserves13€21k€34k▲
Distributable reserves133€21k€34k▲
Profit (loss) carried forward14€-20k€1k▲
Amounts payable17/49€96k€62k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€94k€61k▼
Current portion of amounts payable after more than one year42€2k€2k▼
Trade debts44€4k€295▼
Suppliers440/4€4k€295▼
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€85k€60k▼
Accrued charges and deferred income492/3-€600
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k▲
Other operating charges640/8€868€470▼
Gross operating margin9900€47k€71k▲
Operating profit (loss)9901€20k€45k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€619€184▼
Recurring financial charges65€185€184▼
Non-recurring financial charges66B€434-
Profit (loss) for the period before taxes9903€22k€47k▲
Income taxes67/77-€12k
Profit (loss) for the period9904€22k€34k▲
Profit (loss) for the period to be appropriated9905€22k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€14k▲
Profit (loss) brought forward from the previous period14P€-42k€-20k▲
Transfer to equity691/2-€13k
To other reserves6921-€13k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €34k ▲55.5%
Operating result €45k, net result €34k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 1.09
Current ratio from 0.52 to 1.09; short-term debt falls from €94k to €61k.
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Weakest financial yearnet €-42k ▼801%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
2021
08-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
19-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Overijse · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grotstraat 323090 OverijseGround area
2,756 m²
Building footprint
204 m²
Parcel 23546E0060/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
Grotstraat 32, 3090 Overijse
since 20172.262.443.539
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23546E0060/00K000 | Flanders | 2,756 m² | 1 · 204 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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CCS
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BE 0870.004.381
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AUTO CENTER SINT-TRUIDEN
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Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 2,039 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2017
Fiscal year end31-03
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
95316Washing and cleaning of motor vehicles
95319Other maintenance and repair of motor vehicles
47830Retail sale of motorcycles and motorcycle parts and accessories
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82990Other business support services
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.westore.be
E-mail:info@westore.be