ACTIVE

INTERGEMEENTELIJKE SAMENWERKING WESTLEDE

Financial year 2025 · Closed on 31/12/2025

Net result499,9 k €+362,9 %over 1 year
Revenue9,7 M €+4,3 %over 1 year
Equity18,5 M €+1,6 %over 1 year
Workforce64,2 ETP+1,7 %over 1 year

Identity

Source · BCE/KBO

INTERGEMEENTELIJKE SAMENWERKING WESTLEDE is a Project leader organization, Flemish Region incorporated in 1979. Its main activity is: Sports activities and amusement and recreation activities. Its registered office is in Lochristi. It employs on average 64,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0219.805.958
Incorporation
17/09/1979
Legal form
Project leader organization, Flemish Region
Registered office
Smalle Heerweg 60
9080 Lochristi · FlandreSee on map
Contributed capital
3 073 016,79 €
Latest accounts
31/12/2025
Average workforce
64,2 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue9,7 M €9,3 M €9,2 M €8,3 M €7 M €
EBITDA2 M €1,6 M €1,8 M €1,2 M €1,4 M €
Operating result358,1 k €-392,6 k €-148,8 k €-1,1 M €-826 k €
Net result499,9 k €-190,1 k €27,2 k €-878,5 k €-549,5 k €
Balance sheet
Equity18,5 M €18,2 M €17,9 M €18 M €19,1 M €
Total assets27,8 M €25,5 M €23,6 M €22,5 M €23 M €
Cash3,5 M €2,8 M €1,4 M €1,8 M €1,6 M €
Debts5,7 M €3,7 M €2,8 M €2,3 M €2,4 M €
Other
Workforce64,2 ETP63,1 ETP64,9 ETP61,4 ETP60,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

25 active · 169 ended

Active mandates

Anna Maria CHARLIER

Director · since 18 mars 2025

Active
Bert HEYNSSENS

Director · since 18 mars 2025

Active
Burak NALLI

Vice-chairman of the board of directors · since 18 mars 2025

Active
Filip DE LANDTSHEER

Director · since 18 mars 2025

Active
Frederic DE VOS

Director · since 18 mars 2025

Active
Hans COOLS

Director · since 18 mars 2025

Active
Isabelle HEYNDRICKX

Director · since 18 mars 2025

Active
Karla BRONSELAER

Director · since 18 mars 2025

Active
Marie VAN HOORDE

Director · since 18 mars 2025

Active
Sara WEEMAES

Director · since 18 mars 2025

Active
Sofie BRACKE

Director · since 18 mars 2025

Active
Stephanie DEBEURME

Director · since 18 mars 2025

Active
Veerle AELVOET

Director · since 18 mars 2025

Active
Wim VAN DAMME

Director · since 18 mars 2025

Active
Yves DESWAENE

Chairman of the board of directors · since 18 mars 2025

Active
Debby VERMEIREN

Director · since 14 juin 2022 · until 18 mars 2025

Active
Maarten BLOMMAERT

Vice-chairman of the board of directors · since 14 juin 2022 · until 18 mars 2025

Active
Danny LAUWERYNS

Director · since 01 juin 2021 · until 18 mars 2025

Active
Bart NOBELS

Director · since 20 mars 2019 · until 18 mars 2025

Active
Caroline VAN GEYT

Director · since 20 mars 2019 · until 18 mars 2025

Active
Claudine DE WAELE

Director · since 20 mars 2019 · until 18 mars 2025

Active
Karlijn DEENE

Director · since 20 mars 2019 · until 18 mars 2025

Active
Katie COPPENS

Director · since 20 mars 2019 · until 18 mars 2025

Active
Kelly VAN ELSLANDE

Director · since 20 mars 2019 · until 18 mars 2025

Active
Zeneb BENSAFIA

Director · since 20 mars 2019 · until 18 mars 2025

Active

Ended mandates

Debby VERMEIREN

Director · since 14 juin 2022

Ended
Maarten BLOMMAERT

Vice-chairman of the board of directors · since 14 juin 2022

Ended
Danny LAUWERYNS

Director · since 01 juin 2021

Ended
Isabelle Heyndrickx

Director · since 01 juin 2021

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202601/07/202510/07/202431/05/202329/06/202201/07/2021
General meeting16/06/202624/06/202511/06/202430/05/202314/06/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202622/06/2026DutchPDF
Full model31/12/202424/06/202501/07/2025DutchPDF
Full model31/12/202311/06/202410/07/2024DutchPDF
Full model31/12/202230/05/202331/05/2023DutchPDF
Full model31/12/202114/06/202229/06/2022DutchPDF
Full model31/12/202001/06/202101/07/2021DutchPDF
Full modelCorrection31/12/201902/06/202004/11/2020DutchPDF
Full model31/12/201902/06/202023/06/2020DutchPDF
Full model31/12/201805/06/201926/06/2019DutchPDF
Full model31/12/201705/06/201827/06/2018DutchPDF
Full model31/12/201613/06/201715/06/2017DutchPDF
Full model31/12/201507/06/201610/06/2016DutchPDF
Full model31/12/201402/06/201526/06/2015DutchPDF
Full model31/12/201317/06/201419/06/2014DutchPDF
Full model31/12/201218/06/201326/06/2013DutchPDF
Full model31/12/201113/06/201221/06/2012DutchPDF
Full model31/12/201008/06/201124/06/2011DutchPDF
Full model31/12/200909/06/201028/06/2010DutchPDF
Full model31/12/200810/06/200924/06/2009DutchPDF
Full model31/12/200711/06/200818/06/2008DutchPDF
Full model31/12/200613/06/200701/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

25 active · 169 ended

Active mandates

Anna Maria CHARLIER

Director · since 18 mars 2025

Active
Bert HEYNSSENS

Director · since 18 mars 2025

Active
Burak NALLI

Vice-chairman of the board of directors · since 18 mars 2025

Active
Filip DE LANDTSHEER

Director · since 18 mars 2025

Active
Frederic DE VOS

Director · since 18 mars 2025

Active
Hans COOLS

Director · since 18 mars 2025

Active
Isabelle HEYNDRICKX

Director · since 18 mars 2025

Active
Karla BRONSELAER

Director · since 18 mars 2025

Active
Marie VAN HOORDE

Director · since 18 mars 2025

Active
Sara WEEMAES

Director · since 18 mars 2025

Active
Sofie BRACKE

Director · since 18 mars 2025

Active
Stephanie DEBEURME

Director · since 18 mars 2025

Active
Veerle AELVOET

Director · since 18 mars 2025

Active
Wim VAN DAMME

Director · since 18 mars 2025

Active
Yves DESWAENE

Chairman of the board of directors · since 18 mars 2025

Active
Debby VERMEIREN

Director · since 14 juin 2022 · until 18 mars 2025

Active
Maarten BLOMMAERT

Vice-chairman of the board of directors · since 14 juin 2022 · until 18 mars 2025

Active
Danny LAUWERYNS

Director · since 01 juin 2021 · until 18 mars 2025

Active
Bart NOBELS

Director · since 20 mars 2019 · until 18 mars 2025

Active
Caroline VAN GEYT

Director · since 20 mars 2019 · until 18 mars 2025

Active
Claudine DE WAELE

Director · since 20 mars 2019 · until 18 mars 2025

Active
Karlijn DEENE

Director · since 20 mars 2019 · until 18 mars 2025

Active
Katie COPPENS

Director · since 20 mars 2019 · until 18 mars 2025

Active
Kelly VAN ELSLANDE

Director · since 20 mars 2019 · until 18 mars 2025

Active
Zeneb BENSAFIA

Director · since 20 mars 2019 · until 18 mars 2025

Active

Ended mandates

Debby VERMEIREN

Director · since 14 juin 2022

Ended
Maarten BLOMMAERT

Vice-chairman of the board of directors · since 14 juin 2022

Ended
Danny LAUWERYNS

Director · since 01 juin 2021

Ended
Isabelle Heyndrickx

Director · since 01 juin 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares07/08/2026
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates02/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025499,9 k €↑
  2. 2024
    Annual accounts 2024-190,1 k €↓
  3. 2023
    Annual accounts 202327,2 k €↑
  4. 2022
    Annual accounts 2022-878,5 k €↓
  5. 2021
    Annual accounts 2021-549,5 k €↓
  6. 2021
    Name changeIGS WESTLEDE
  7. 2020
    Annual accounts 202043,8 k €↑
  8. 2019
    Annual accounts 201942,9 k €↓
  9. 2018
    Annual accounts 2018263,5 k €↓
  10. 2016
    Annual accounts 20161,2 M €↑
  11. 2015
    Annual accounts 20151,1 M €↑
  12. 2014
    Annual accounts 2014457 k €↓
  13. 2013
    Annual accounts 2013624,2 k €↑
  14. 2013
    Name changeINTERGEMEENTELIJKE SAMENWERKING WESTLEDE
  15. 2012
    Annual accounts 2012474,4 k €↓
  16. 2011
    Annual accounts 20111,1 M €↑
  17. 2009
    Annual accounts 20091,1 M €↑
  18. 2008
    Annual accounts 2008475,7 k €↓
  19. 2007
    Annual accounts 2007794 k €
  20. 2007
    Name changeINTERCOMMUNALE VERENIGING VOOR CREMATORIUMBEHEER IN DE PROVINCIE OOST-VLAANDEREN
  21. 17/09/1979
    IncorporationProject leader organization, Flemish Region