Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
IC WEST from Schilde, company number BE0685391211, closed financial year 2025 with a result of € -172,728 after tax. For that financial year IC WEST recorded a gross margin of € 46,381 and equity of € -57,796. Compared with financial year 2024, the result moved from € -45,609 to € -172,728. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ -57,796
▲ € 77,272 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -172,728
▼ 279 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -342,796.
Debts at end 2025
€ 522,319
▲ 235% vs 2024
€ 9,170 is repaid this year. At this pace the long-term loan is gone in ≈ 57 years.
€ 202,067
▲ 128% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 319
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 | € 114,495 | € 15,191 | € 138,518 | € 46,381 | ▼ 67% |
| Profit after taxes | € 7,123 | € -128,341 | € -45,609 | € -172,728 | ▼ € 127,118 |
| Equity | € 38,882 | € -89,459 | € -135,068 | € -57,796 | ▲ € 77,272 |
| Total debts | € 660,800 | € 774,948 | € 822,996 | € 828,980 | ▲ 1% |
| Cash | € 72,925 | € 134 | € 21 | € 1 | ▼ 95% |
| Retained profit | € 3,882 | € -124,459 | € -170,068 | € -342,796 | ▼ € 172,728 |
| Bank debt | € 0 | € 164,028 | € 155,936 | € 522,319 | ▲ 235% |
| Balance sheet total | € 699,682 | € 685,489 | € 687,928 | € 771,184 | ▲ 12% |
Key figures of IC WEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to IC WEST?
What happened at IC WEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 172,728. Source: NBB ↗
- Timothy Cruysberghs stepped down as director. NBB
- West Continuation BV became a director. NBB
- Herbert Stockbroekx stepped down as director. NBB
- Joannes Stockbroekx stepped down as director. NBB
- Timothy Cruysberghs became a director. NBB
- New establishment in Schilde. KBO
- Herbert Stockbroekx became a director. NBB
In short
From € 7,123 profit in 2022 to € 172,728 loss in 2025.
Best year ever: 2022, with € 7,123 profit.
A new publication or filing at IC WEST? 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 IC WEST is West Continuation BV. The shares are held by West Continuation (100%).
Directors
According to the 2025 annual accounts
Director · represented by Stockbroekx Joannes
Also active at: ENERGIE WEST, WUYTS, ALTON, ABG West
since 2025
Timothy Cruysberghs
Director
since 2022 · until 2025
since 2017 · until 2025
Joannes Stockbroekx
Director
Also active at: First & Johnson, AMW & Co, ALTON, WEST CONTINUATION, ABG West, MISTILE
since 2017 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vloeyenbergdreef 10
2970 Schilde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0685.391.211
- VAT number
- BE 0685.391.211
- Registered office
- Vloeyenbergdreef 10, 2970 Schilde
- Names & denominations
- IC WEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2017
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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