Bankrupt · Opening faillissement (CBE)

WEST COAST

BE0700719783

Rechtspersoon Private limited company 2 establishments

WEST COAST is a hospitality business in Westerlo. Private Limited, started on 8 August 2018, 2 establishments.

Geelse straat 51 box E, 2260 Westerlo

Behind the company: Dirk Van den Putte.

Start date

8 August 2018

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 42 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

WEST COAST from Westerlo, company number BE0700719783, closed financial year 2022 with a result of € -23,017 after tax. For that financial year WEST COAST recorded a gross margin of € 234,370 and equity of € 53,889. Compared with financial year 2021, the result moved from € 43,257 to € -23,017. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2023.

What it is worth Healthy

€ 53,889

▼ 30% vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -23,017

▼ still € 43,257 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 96,661

▲ 50% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 35,289.

People and assets in 2022

Wage cost

€ 182,415

▲ 38% vs 2021

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 8,313

▲ 126% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 1 years to go

€ 106,909

▲ 249% vs 2021

€ 93,909 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 97,929

▲ 9% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 135,779

▲ 224% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 224,283 € 234,370 ▲ 4%
Profit after taxes € 43,257 € -23,017 ▼ € 66,274
Equity € 76,907 € 53,889 ▼ 30%
Total debts € 174,727 € 347,143 ▲ 99%
Cash € 64,275 € 96,661 ▲ 50%
Land & buildings € 30,388 € 28,249 ▼ 7%
Retained profit € 58,307 € 35,289 ▼ 39%
Bank debt € 30,599 € 106,909 ▲ 249%
Balance sheet total € 251,634 € 401,032 ▲ 59%

Key figures of WEST COAST, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to WEST COAST?

What happened at WEST COAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

WEST COAST is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 23,017 (▼ € 66,274 vs 2021). filed late Source: NBB ↗
  • New establishment in Westerlo. KBO
  • New establishment in Herselt. KBO
  • Start of the company according to the CBE. KBO

In short

From € 43,257 profit in 2021 to € 23,017 loss in 2022.

Paid € 4,326 in corporate taxes since 2021.

Best year ever: 2021, with € 43,257 profit.

Management

Dirk Van den Putte
WEST COAST

Behind WEST COAST is Dirk Van den Putte.

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Directors

According to the 2022 annual accounts

Dirk Van den Putte

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Geelse straat 51 box E

2260 Westerlo

2.279.907.301

Westerlosesteenweg 183B

2230 Herselt

Active since 8 August 2018

2.299.346.297

de Merodedreef 189

2260 Westerlo

Active since 8 July 2019

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
0700.719.783
VAT number
BE 0700.719.783
Registered office
Geelse straat 51 bus E, 2260 Westerlo
Names & denominations
WEST COAST
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
8 August 2018
Peppol
Active · Active since 6 Aug 2026
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does WEST COAST do?
WEST COAST is a hospitality business in Westerlo. Private Limited, started on 8 August 2018, 2 establishments.
What is the address of WEST COAST?
The registered office of WEST COAST is located at Geelse straat 51 box E, 2260 Westerlo.
Is WEST COAST still active?
No. The CBE lists WEST COAST with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is WEST COAST registered on Peppol?
Yes, WEST COAST is registered on the Peppol network with ID 0208:0700719783.
What is the enterprise number of WEST COAST?
The enterprise number of WEST COAST is BE0700719783.
When was WEST COAST founded?
WEST COAST was founded on 8 August 2018.