Participo CM West-Vlaanderen
0417.992.794 · rovalta.com · 26/09/2026
ACTIVE
Participo CM West-Vlaanderen
Financial year 2025 · Closed on 31/12/2025
Net result442,8 k €-89,9 %over 1 year
Gross margin3,6 M €+24,4 %over 1 year
Equity107,2 M €+0,4 %over 1 year
Overview
Identity
Source · BCE/KBOParticipo CM West-Vlaanderen is a Non-profit organization incorporated in 1977. Its main activity is: Service activities incidental to land transportation. Its registered office is in Oostende.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0417.992.794
- Incorporation
- 28/12/1977
- Legal form
- Non-profit organization
- Registered office
- Nieuwpoortsesteenweg 59
8400 Oostende · FlandreSee on map - Latest accounts
- 31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 8 filingsTrend over 8 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 3,6 M € | +24.4% | 2,9 M € | +155% | 1,1 M € | -8.6% | 1,2 M € | -65.6% | 3,6 M € |
| EBITDA | 2,8 M € | +32.7% | 2,1 M € | +110% | 992,7 k € | -1.2% | 1 M € | -71.4% | 3,5 M € |
| Operating result | -40,1 k € | +90.6% | -425,3 k € | -324% | 189,5 k € | +12.1% | 169 k € | -93.7% | 2,7 M € |
| Net result | 442,8 k € | -89.9% | 4,4 M € | +368% | 934,9 k € | +243% | -652,8 k € | -124% | 2,7 M € |
| Balance sheet | |||||||||
| Equity | 107,2 M € | +0.4% | 106,8 M € | +145% | 43,5 M € | +2.2% | 42,6 M € | -1.5% | 43,2 M € |
| Total assets | 141,2 M € | -4.7% | 148,2 M € | +159% | 57,2 M € | +28.0% | 44,7 M € | +3.0% | 43,4 M € |
| Cash | 755,6 k € | -89.1% | 7 M € | +979% | 644,3 k € | +128% | 282,2 k € | +44.2% | 195,6 k € |
| Debts | 34 M € | -17.9% | 41,3 M € | +202% | 13,7 M € | +545% | 2,1 M € | +1178% | 166,1 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202515 active · 39 ended
Active mandates
Pia STALPAERT
ActiveSabine SEYNAEVE
ActiveDaisy RYCKX
ActiveBert TANGHE
ActiveGino WERBROUCK
ActiveAn CASTELEYN
ActiveIsabelle OLLEVIER
ActiveJozef DEMAREST
ActiveLieven VAN DE MEULEBROEKE
ActiveLuc COLMAN
ActiveMathias VERLEE
ActivePhiliep DOUCHY
ActiveStijn VERKINDEREN
ActiveVeerle DE ZUTTER
ActiveDirk LALEMAN
ActiveEnded mandates
Marijke GAERDELEN
EndedBertrand PEIRSEGAELE
EndedBenny VANDER CRUYSSEN
EndedBertrand LEJEUNE
EndedOther companies at this address
Nieuwpoortsesteenweg 59 8400 Oostende| Company | CBE no. |
|---|---|
CM-MOBIEL WEST-VLAANDEREN● Active | 0476.214.075 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 04/06/2026 | 03/07/2025 | 19/04/2024 | 10/07/2023 | 28/06/2022 | 24/06/2021 |
| General meeting | 12/05/2026 | 10/06/2025 | 26/03/2024 | 14/06/2023 | 08/06/2022 | 09/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 8 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 12/05/2026 | 04/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 10/06/2025 | 03/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 26/03/2024 | 19/04/2024 | Dutch | |
| Abridged model | 31/12/2022 | 14/06/2023 | 10/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 08/06/2022 | 28/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 09/06/2021 | 24/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 10/06/2020 | 26/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 12/06/2019 | 24/06/2019 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 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
Board of directors
Source · NBB, accounts to 31/12/202515 active · 39 ended
Active mandates
Pia STALPAERT
ActiveSabine SEYNAEVE
ActiveDaisy RYCKX
ActiveBert TANGHE
ActiveGino WERBROUCK
ActiveAn CASTELEYN
ActiveIsabelle OLLEVIER
ActiveJozef DEMAREST
ActiveLieven VAN DE MEULEBROEKE
ActiveLuc COLMAN
ActiveMathias VERLEE
ActivePhiliep DOUCHY
ActiveStijn VERKINDEREN
ActiveVeerle DE ZUTTER
ActiveDirk LALEMAN
ActiveEnded mandates
Marijke GAERDELEN
EndedBertrand PEIRSEGAELE
EndedBenny VANDER CRUYSSEN
EndedBertrand LEJEUNE
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates29/05/2026ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates30/01/2026ONTSLAGEN - BENOEMINGEN
- Mandates01/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates15/07/2025ONTSLAGEN - BENOEMINGEN
- Mandates12/02/2025ONTSLAGEN - BENOEMINGEN
- Mandates14/10/2024MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates20/06/2024BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Restructuring07/05/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 13/01/2026nominationPia Stalpaert — bestuurder
- 2025Annual accounts 2025442,8 k €↓
- 09/09/2025nominationPia Stalpaert — bestuurder
- 10/06/2025nominationSabine Seynaeve — bestuurder
- 10/06/2025nominationPhilippe Van Coppenolle — commissaris-revisor
- 28/01/2025nominationDaisy Ryckx — bestuurder
- 2024Annual accounts 20244,4 M €↑
- 10/09/2024nominationDaisy Ryckx — bestuurder
- 2024Name changeParticipo CM West-Vlaanderen
- 2023Annual accounts 2023934,9 k €↑
- 2023Name changeParticipo West-Vlaanderen
- 01/01/2023nominationBertrand, André, Georges PEIRSEGAELE — dagelijks bestuurder
- 2022Annual accounts 2022-652,8 k €↓
- 08/06/2022nominationDirk Cleymans — commissaris
- 2021Annual accounts 20212,7 M €↑
- 2021Name changeSint - Jozefsgenootschap Oostende
- 2020Annual accounts 2020194,3 k €↑
- 2019Annual accounts 2019158,8 k €↓
- 2018Annual accounts 2018294,8 k €
- 28/12/1977IncorporationNon-profit organization