Westfro
0407.254.696 · rovalta.com · 23/09/2026
ACTIVE
Westfro
Financial year 2025 · closed on 30/09/2025
Net result
1,3 M €
+328.9% YoY
Revenue
111,4 M €
+7.3% YoY
Equity
29,5 M €
+4.5% YoY
Workforce
131,4 ETP
-0.3% YoY
Overview
What does Westfro do?
Westfro is a Public limited company incorporated in 1970. Its main activity is: Other processing and preserving of fruit and vegetables. Its registered office is in Staden. It employs on average 131,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0407.254.696
Incorporation
01/09/1970
Legal form
Public limited company
Registered office
Grote Veldstraat(STA) 114
8840 Staden · FlandreSee on map
8840 Staden · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
30/09/2025
Average workforce
131,4 ETP
Activities (NACE)
10393Other processing and preserving of fruit and vegetables· main10393Other processing and preserving of fruit and vegetables15332Manufacture of leather and related products15333Manufacture of leather and related products46391Non-specialised wholesale of food, beverages and tobacco46391Non-specialised wholesale of food, beverages and tobacco
Joint committees (7)
- 118
- 11809
- 118090
- 220
- 2200
- 22000
- 220000
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2021 | 2020 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Revenue | 111,4 M € | +7.3% | 103,8 M € | -31.8% | 152,1 M € | +112% | 71,7 M € | +7.3% | 66,9 M € | -7.9% | 72,6 M € | -4.0% | 75,6 M € | +7.1% | 70,6 M € | +4.3% | 67,7 M € | +12.1% | 60,4 M € | +8.1% | 55,9 M € | +6.0% | 52,7 M € | -0.8% | 53,1 M € | +5.7% | 50,3 M € | -6.9% | 54 M € | +3.1% | 52,4 M € | -6.9% | 56,3 M € |
| EBITDA | 6,3 M € | +38.3% | 4,6 M € | -6.6% | 4,9 M € | +473% | -1,3 M € | -357% | 511,9 k € | -89.5% | 4,9 M € | -32.9% | 7,3 M € | +2.6% | 7,1 M € | +14.7% | 6,2 M € | +121% | 2,8 M € | -2.0% | 2,8 M € | +49.2% | 1,9 M € | -66.5% | 5,7 M € | +17.9% | 4,8 M € | -37.8% | 7,8 M € | +24.9% | 6,2 M € | -33.3% | 9,3 M € |
| Operating result | 1,9 M € | +1776% | 102,7 k € | +104% | -2,9 M € | +29.2% | -4,1 M € | -38.4% | -3 M € | -611% | 584,9 k € | -80.3% | 3 M € | +9.4% | 2,7 M € | +59.6% | 1,7 M € | +199% | -1,7 M € | -102% | -847,4 k € | -165% | 1,3 M € | -61.2% | 3,3 M € | +25.2% | 2,7 M € | -50.2% | 5,4 M € | +41.7% | 3,8 M € | -45.3% | 6,9 M € |
| Net result | 1,3 M € | +329% | -568,2 k € | +85.3% | -3,9 M € | +16.8% | -4,6 M € | -37.4% | -3,4 M € | -2122% | 166,8 k € | -92.2% | 2,1 M € | +65.0% | 1,3 M € | +126% | 569 k € | +121% | -2,7 M € | -35.8% | -2 M € | -298% | 1 M € | -60.3% | 2,5 M € | +19.5% | 2,1 M € | -51.5% | 4,4 M € | +80.0% | 2,4 M € | -51.4% | 5 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 29,5 M € | +4.5% | 28,3 M € | -2.1% | 28,9 M € | -11.9% | 32,8 M € | -12.5% | 37,5 M € | -13.9% | 43,5 M € | +0.3% | 43,4 M € | +5.1% | 41,3 M € | +3.1% | 40 M € | +1.3% | 39,5 M € | -6.6% | 42,3 M € | -4.6% | 44,3 M € | +1.6% | 43,6 M € | +6.3% | 41 M € | +0.7% | 40,7 M € | +9.0% | 37,4 M € | +3.1% | 36,3 M € |
| Total assets | 75,5 M € | -5.5% | 80 M € | -3.1% | 82,5 M € | +1.2% | 81,5 M € | +13.4% | 71,8 M € | +0.5% | 71,5 M € | -3.7% | 74,3 M € | -2.9% | 76,5 M € | +0.6% | 76 M € | +0.5% | 75,7 M € | -11.1% | 85,1 M € | +21.3% | 70,2 M € | +7.4% | 65,3 M € | +10.0% | 59,4 M € | +3.4% | 57,4 M € | +0.1% | 57,4 M € | +9.0% | 52,6 M € |
| Cash | 552,4 k € | +85.1% | 298,5 k € | -52.3% | 626 k € | -6.0% | 665,9 k € | -81.4% | 3,6 M € | -27.7% | 5 M € | -23.6% | 6,5 M € | -16.4% | 7,8 M € | +228% | 2,4 M € | +72.2% | 1,4 M € | +25.1% | 1,1 M € | -89.9% | 10,9 M € | +1043% | 954,5 k € | -95.1% | 19,6 M € | +41.4% | 13,9 M € | +797% | 1,5 M € | -16.6% | 1,9 M € |
| Debts | 45,5 M € | -11.7% | 51,5 M € | -3.5% | 53,4 M € | +10.0% | 48,5 M € | +49.4% | 32,5 M € | +24.4% | 26,1 M € | -9.4% | 28,8 M € | -13.2% | 33,2 M € | -1.9% | 33,9 M € | +0.3% | 33,8 M € | -16.3% | 40,4 M € | +68.3% | 24 M € | +20.6% | 19,9 M € | +19.8% | 16,6 M € | +11.3% | 14,9 M € | -17.5% | 18,1 M € | +28.4% | 14,1 M € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 131,4 ETP | -0.3% | 131,8 ETP | -2.5% | 135,2 ETP | +1.8% | 132,8 ETP | +0.1% | 132,7 ETP | -8.8% | 145,5 ETP | +10.8% | 131,3 ETP | -1.6% | 133,5 ETP | -5.2% | 140,8 ETP | -6.9% | 151,3 ETP | +0.1% | 151,1 ETP | -5.7% | 160,3 ETP | +14.6% | 139,9 ETP | +13.1% | 123,7 ETP | +0.7% | 122,8 ETP | +1.9% | 120,5 ETP | -4.0% | 125,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 23 ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 21 months | 12 months | 12 months | 12 months |
| Filing date | 26/03/2026 | 09/12/2025 | 09/12/2025 | 26/01/2024 | 26/01/2024 | 26/04/2021 |
| General meeting | 27/02/2026 | 19/11/2025 | 23/02/2024 | 04/10/2022 | 07/09/2021 | 05/04/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 30/09/2025 | 27/02/2026 | 26/03/2026 | Dutch | |
| Full model | 30/09/2024 | 19/11/2025 | 09/12/2025 | Dutch | |
| Full model | 30/09/2023 | 23/02/2024 | 09/12/2025 | Dutch | |
| Full modelCorrection | 31/12/2021 | 04/10/2022 | 26/01/2024 | Dutch | |
| Full model | 31/12/2021 | 04/10/2022 | 05/01/2024 | Dutch | |
| Full modelCorrection | 31/12/2020 | 07/09/2021 | 26/01/2024 | Dutch | |
| Full model | 31/12/2020 | 07/09/2021 | 05/01/2024 | Dutch | |
| Full model | 31/12/2019 | 05/04/2021 | 26/04/2021 | Dutch | |
| Full model | 31/12/2018 | 30/06/2019 | 30/07/2019 | Dutch | |
| Full model | 31/12/2017 | 29/06/2018 | 27/07/2018 | Dutch | |
| Full model | 31/12/2016 | 28/06/2017 | 19/07/2017 | Dutch | |
| Full model | 31/12/2015 | 27/06/2016 | 07/07/2016 | Dutch | |
| Full model | 31/12/2014 | 27/11/2015 | 07/07/2016 | Dutch | |
| Full model | 31/12/2013 | 30/06/2014 | 24/07/2014 | Dutch | |
| Full model | 31/12/2012 | 24/06/2013 | 13/08/2013 | Dutch | |
| Full model | 31/12/2011 | 31/05/2012 | 28/06/2012 | Dutch | |
| Full model | 31/12/2010 | 09/06/2011 | 27/06/2011 | Dutch | |
| Full model | 31/12/2009 | 27/05/2010 | 15/06/2010 | Dutch | |
| Full model | 31/12/2008 | 12/06/2009 | 15/06/2009 | Dutch | |
| Full model | 31/12/2007 | 18/07/2008 | 23/07/2008 | Dutch | |
| Full model | 31/12/2006 | 16/06/2007 | 16/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Publications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates31/07/2026KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates09/04/2024ONTSLAGEN - BENOEMINGEN
- Mandates16/01/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates06/09/2019ONTSLAGEN - BENOEMINGEN
- Mandates19/07/2017ONTSLAGEN - BENOEMINGEN
- Mandates08/04/2015ONTSLAGEN - BENOEMINGEN
- Mandates22/08/2013ONTSLAGEN - BENOEMINGEN
- Capital / shares12/01/2012KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,3 M €↑
- 2024Annual accounts 2024-568,2 k €↑
- 2023Annual accounts 2023-3,9 M €↑
- 22/12/2022reconductionREDI — gedelegeerd bestuurder
- 22/12/2022reconductionSTAGEL — gedelegeerd bestuurder
- 22/12/2022reconductionANHEMA — gedelegeerd bestuurder
- 22/12/2022nominationSTAGEL — voorzitter van de raad van bestuur
- 2021Annual accounts 2021-4,6 M €↓
- 2020Annual accounts 2020-3,4 M €↓
- 2018Annual accounts 2018166,8 k €↓
- 2017Annual accounts 20172,1 M €↑
- 2016Annual accounts 20161,3 M €↑
- 2015Annual accounts 2015569 k €↑
- 2014Annual accounts 2014-2,7 M €↓
- 2013Annual accounts 2013-2 M €↓
- 2012Annual accounts 20121 M €↓
- 2011Annual accounts 20112,5 M €↑
- 2010Annual accounts 20102,1 M €↓
- 2009Annual accounts 20094,4 M €↑
- 2008Annual accounts 20082,4 M €↓
- 2007Annual accounts 20075 M €
- 01/09/1970IncorporationPublic limited company