NORMAL SITUATION

WEST CONSTRUCT

Financial year 2023 · closed on 31/12/2023
Net result
-4,1 k €
-138.5% YoY
Gross margin
-3,5 k €
-130.6% YoY
Equity
1,4 M €
-0.3% YoY

Company — Normal situation.

What does WEST CONSTRUCT do?

WEST CONSTRUCT is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.015.760
Legal form
Public limited company
Contributed capital
900 000,00 €
Latest accounts
31/12/2023
Joint committees (3)
  • 124
  • 200
  • 218
Signals
Solid equityGood liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2023202220212020201820172016201520142013201220112010200920082006
Income statement
Gross margin-3,5 k €-1,5 k €-8,4 k €-4,5 k €
EBITDA-3,5 k €-1,5 k €-8,4 k €-4,5 k €-937,3 k €1,1 M €-918,8 k €445,5 k €318,8 k €-45,8 k €445,3 k €194,6 k €1 M €-3 M €-2,7 M €-687,8 k €
Operating result-3,5 k €-1,5 k €-8,4 k €-4,5 k €-965,9 k €1 M €-945,9 k €419,5 k €294,4 k €193,6 k €477 k €184,6 k €880,6 k €-3,4 M €-2,7 M €-1,1 M €
Net result-4,1 k €10,5 k €15,3 k €20,1 k €-988,7 k €906,4 k €-1,1 M €238,5 k €362,7 k €83,5 k €353,1 k €210,4 k €255,4 k €1,1 M €-1,2 M €-2 M €
Balance sheet
Equity1,4 M €1,4 M €1,4 M €1,3 M €1,3 M €2,3 M €1,4 M €2,5 M €2,2 M €1,9 M €1,8 M €1,4 M €1,2 M €968 k €-107,9 k €-1,2 M €
Total assets1,4 M €1,4 M €1,4 M €1,3 M €16,4 M €14,4 M €14,3 M €16 M €8,1 M €8 M €7,9 M €6,6 M €7,6 M €8,6 M €17,5 M €9,6 M €
Cash2,2 k €1,6 k €365 €10 €1,3 M €1,2 M €1,1 M €1,9 M €905,5 k €935,2 k €1,9 M €2,7 M €2,5 M €1,3 M €669,1 k €265,8 k €
Debts1,6 k €901,2 €4,9 k €4,3 k €15,1 M €10,9 M €12,7 M €13,3 M €5,6 M €5,5 M €5,5 M €4,3 M €5,1 M €7,3 M €17,1 M €10,7 M €
Other
Workforce56,6 ETP61,7 ETP62,3 ETP59,6 ETP56,0 ETP56,6 ETP51,8 ETP52,3 ETP53,6 ETP86,3 ETP144,4 ETP97,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 41 ended

Active mandates

Jean-François Pôlet

Director · since 02 juin 2023 · until 01 juin 2029

Active
Willem Eggerickx

Director · since 02 juin 2023 · until 01 juin 2029

Active

Ended mandates

Karel Vermeersch

Managing director · since 06 juin 2014 · until 02 juin 2017

Ended
Stéphane Pieters

Director · since 06 juin 2014 · until 31 décembre 2016

Ended
Stéphane Pieters

Director · since 06 juin 2014 · until 02 juin 2017

Ended
Willem Eggerickx

Director · since 06 juin 2014 · until 02 juin 2017

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/08/202404/08/202326/07/202231/08/202127/01/202127/01/2021
General meeting28/06/202430/06/202303/06/202204/07/202116/11/202016/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

48 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202328/06/202421/08/2024DutchPDF
Abridged model31/12/202230/06/202304/08/2023DutchPDF
Abridged model31/12/202103/06/202226/07/2022DutchPDF
Abridged model31/12/202004/07/202131/08/2021DutchPDF
Full model31/12/201916/11/202027/01/2021DutchPDF
Full model31/12/201816/11/202027/01/2021DutchPDF
Full model31/12/201701/06/201829/03/2019DutchPDF
Full model31/12/201602/06/201701/02/2018DutchPDF
Full model31/12/201503/06/201631/08/2016DutchPDF
Full model31/12/201426/06/201513/08/2015DutchPDF
Full model31/12/201306/06/201415/07/2014DutchPDF
Full model31/12/201207/06/201311/07/2013DutchPDF
Full model31/12/201101/06/201213/06/2012DutchPDF
Full model31/12/201002/03/201103/03/2011DutchPDF
Full model31/12/200904/06/201023/06/2010DutchPDF
Full modelCorrection31/12/200805/06/200906/10/2009DutchPDF
Full model31/12/200805/06/200903/07/2009DutchPDF
Full model31/12/200706/06/200810/10/2008DutchPDF
Full model31/12/200622/06/200708/10/2007DutchPDF
Full model31/12/200530/06/200629/09/2006DutchPDF
Full model31/12/200403/06/200525/08/2005DutchPDF
Full model31/12/200304/06/200428/06/2004DutchPDF
Full model31/12/200206/06/200323/06/2003DutchPDF
Full model31/12/200107/06/200205/07/2002DutchPDF

View all 48 filings

Estimate

Indicative valuation

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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 41 ended

Active mandates

Jean-François Pôlet

Director · since 02 juin 2023 · until 01 juin 2029

Active
Willem Eggerickx

Director · since 02 juin 2023 · until 01 juin 2029

Active

Ended mandates

Karel Vermeersch

Managing director · since 06 juin 2014 · until 02 juin 2017

Ended
Stéphane Pieters

Director · since 06 juin 2014 · until 31 décembre 2016

Ended
Stéphane Pieters

Director · since 06 juin 2014 · until 02 juin 2017

Ended
Willem Eggerickx

Director · since 06 juin 2014 · until 02 juin 2017

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-4,1 k €
  2. 2022
    Annual accounts 202210,5 k €
  3. 2021
    Annual accounts 202115,3 k €
  4. 2020
    Annual accounts 202020,1 k €
  5. 2018
    Annual accounts 2018-988,7 k €
  6. 2017
    Annual accounts 2017906,4 k €
  7. 2016
    Annual accounts 2016-1,1 M €
  8. 2015
    Annual accounts 2015238,5 k €
  9. 2014
    Annual accounts 2014362,7 k €
  10. 2013
    Annual accounts 201383,5 k €
  11. 2012
    Annual accounts 2012353,1 k €
  12. 2011
    Annual accounts 2011210,4 k €
  13. 2010
    Annual accounts 2010255,4 k €
  14. 2009
    Annual accounts 20091,1 M €
  15. 2008
    Annual accounts 2008-1,2 M €
  16. 2006
    Annual accounts 2006-2 M €