Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WESTCOAST PROMOTION from Veurne, company number BE0434610379, closed financial year 2025 with a result of € 2,092 after tax. For that financial year WESTCOAST PROMOTION recorded a gross margin of € 64,539 and equity of € 468,686. Compared with financial year 2024, the result moved from € 3,651 to € 2,092. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 468,686
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,092
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 28,511
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 406,686.
People and assets in 2025
€ 18,784
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 262,766
▼ 12% vs 2024
€ 35,317 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 3,526
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 199
▼ 73% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 116,393 | € 55,600 | € 65,524 | € 64,539 | ▼ 2% |
| Profit after taxes | € 32,394 | € -25,387 | € 3,651 | € 2,092 | ▼ 43% |
| Equity | € 713,330 | € 462,943 | € 466,594 | € 468,686 | |
| Total debts | € 691,220 | € 631,784 | € 673,542 | € 622,384 | ▼ 8% |
| Cash | € 260,213 | € 36,032 | € 18,672 | € 28,511 | ▲ 53% |
| Land & buildings | € 1,093,926 | € 1,054,516 | € 1,015,105 | € 962,443 | ▼ 5% |
| Retained profit | € 426,330 | € 400,943 | € 404,594 | € 406,686 | ▲ 1% |
| Bank debt | € 365,395 | € 331,728 | € 297,476 | € 262,766 | ▼ 12% |
| Balance sheet total | € 1,440,779 | € 1,129,448 | € 1,173,349 | € 1,126,070 | ▼ 4% |
Key figures of WESTCOAST PROMOTION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to WESTCOAST PROMOTION?
What happened at WESTCOAST PROMOTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,092 (▼ 43% vs 2024). Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,394 profit in 2022 to € 2,092 profit in 2025.
Paid € 16,789 in corporate taxes since 2022.
Best year ever: 2022, with € 32,394 profit.
A new publication or filing at WESTCOAST PROMOTION? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind WESTCOAST PROMOTION are José Lippens and Pieter Lippens. Pieter Lippens is also behind Lippens - Dehaemers.
Directors
According to the 2025 annual accounts
José Lippens
Managing director
Establishments
Establishment units
Physical locations of this company
Haenestraat 18
8630 Veurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.610.379
- VAT number
- BE 0434.610.379
- Registered office
- Haenestraat 18, 8630 Veurne
- Names & denominations
- WESTCOAST PROMOTION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 1988
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
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