ACTIVE

Westfields

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Financial year 2025 · closed on 30/06/2025

Net result

-27 k €

-18.0% YoY

Gross margin

69,6 k €

-6.3% YoY

Equity

544 k €

-4.7% YoY

What does Westfields do?

Westfields is a Private limited company incorporated in 1984. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.828.407

Incorporation

27/04/1984

Legal form

Private limited company

Registered office

Rodenburgplein(Mar) 35
8510 Kortrijk · FlandreSee on map

Contributed capital

191 030,09 €

Latest accounts

30/06/2025

Activities (NACE)

74879Other professional, scientific and technical activities· main 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.64200Activities of holding companies 64210Activities of holding companies 68203Rental and operating of own or leased real estate+3

Joint committees (1)

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	69,6 k €	-6.3%	74,3 k €	+14.0%	65,2 k €	-20.5%	82 k €	+4.0%	78,8 k €	-32.6%	117 k €	+47.2%	79,5 k €	-19.1%	98,2 k €	+50.3%	65,3 k €	+39.4%	46,8 k €	-59.9%	116,8 k €	+25.6%	93 k €	+6.1%	87,7 k €	+3.2%	84,9 k €	-10.5%	94,9 k €
EBITDA	45,3 k €	-9.2%	49,8 k €	+11.6%	44,7 k €	-25.6%	60 k €	+0.1%	60 k €	-39.1%	98,5 k €	+44.9%	67,9 k €	-17.0%	81,9 k €	+59.3%	51,4 k €	+92.7%	26,7 k €	-73.0%	98,9 k €	+30.4%	75,9 k €	+6.7%	71,1 k €	+3.0%	69,1 k €	+17.0%	59 k €
Operating result	-30,2 k €	-23.8%	-24,4 k €	+18.9%	-30,1 k €	-102%	-14,9 k €	+31.2%	-21,7 k €	-63.4%	-13,3 k €	-350%	5,3 k €	-57.3%	12,4 k €	+122%	-56,3 k €	+26.2%	-76,2 k €	-229%	59 k €	+66.5%	35,4 k €	+17.7%	30,1 k €	+40.9%	21,4 k €	+39.3%	15,4 k €
Net result	-27 k €	-18.0%	-22,9 k €	+16.9%	-27,5 k €	-71.6%	-16 k €	+45.4%	-29,4 k €	-84.8%	-15,9 k €	-464%	4,4 k €	-53.0%	9,3 k €	-95.8%	219,2 k €	+18.0%	185,7 k €	+553%	28,4 k €	+897%	-3,6 k €	-120%	17,8 k €	+189%	-20,1 k €	-555%	-3,1 k €
Balance sheet
Equity	544 k €	-4.7%	571 k €	-3.9%	593,9 k €	-4.4%	621,5 k €	-12.9%	713,4 k €	+7.2%	665,8 k €	-2.3%	681,7 k €	+0.6%	677,4 k €	+1.4%	668,1 k €	+48.8%	448,9 k €	+70.6%	263,2 k €	+12.1%	234,7 k €	-48.0%	451,6 k €	+4.1%	433,8 k €	-4.4%	453,8 k €
Total assets	1,3 M €	-4.8%	1,3 M €	-4.8%	1,4 M €	-4.6%	1,5 M €	-17.2%	1,8 M €	-3.9%	1,8 M €	+13.1%	1,6 M €	-4.5%	1,7 M €	-2.3%	1,7 M €	+22.7%	1,4 M €	+28.7%	1,1 M €	-2.6%	1,1 M €	-5.8%	1,2 M €	-0.1%	1,2 M €	+15.7%	1 M €
Cash	70,2 €	-98.5%	4,5 k €	+1011%	407,9 €	-96.8%	12,6 k €	+1868%	638,7 €	-4.1%	666,2 €	-4.0%	693,7 €	-94.4%	12,4 k €	-23.8%	16,2 k €		–		2,4 k €	+234%	706,7 €		–		7,9 k €	-54.0%	17,3 k €
Debts	665,4 k €	-2.9%	685,2 k €	-6.2%	730,2 k €	-4.2%	762,4 k €	-19.1%	942,3 k €	-3.4%	975,3 k €	+32.9%	733,8 k €	-8.2%	799,7 k €	-4.8%	840,3 k €	-1.2%	850,3 k €	+2.6%	828,5 k €	-4.5%	867,6 k €	+21.2%	716,1 k €	-2.1%	731,3 k €	+28.3%	570 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 17 ended

Active mandates

Dirk De Hulsters

Director

Active

Kim De Hulsters

Director

Active

Ended mandates

Dirk De Hulsters

Director · since 02 janvier 2020

Ended

Kim De Hulsters

Director · since 01 janvier 2018

Ended

Kim De Hulsters

Manager · since 01 janvier 2018

Ended

Peter De Hulsters

Manager · since 25 septembre 2012

Ended

At this address

Other companies at this address

Company	CBE no.
Groep De Hulsters● Active	0892.961.412
Westfields Invest● Active	0719.396.243

Annual accounts

Full financial information

	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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/12/2025	16/12/2024	15/12/2023	11/01/2023	23/12/2021	23/12/2020
General meeting	06/12/2025	07/12/2024	02/12/2023	17/12/2022	04/12/2021	05/12/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	06/12/2025	16/12/2025	Dutch	PDF
Abridged model	30/06/2024	07/12/2024	16/12/2024	Dutch	PDF
Abridged model	30/06/2023	02/12/2023	15/12/2023	Dutch	PDF
Abridged model	30/06/2022	17/12/2022	11/01/2023	Dutch	PDF
Abridged model	30/06/2021	04/12/2021	23/12/2021	Dutch	PDF
Abridged model	30/06/2020	05/12/2020	23/12/2020	Dutch	PDF
Abridged model	30/06/2019	07/12/2019	02/01/2020	Dutch	PDF
Abridged model	30/06/2018	01/12/2018	20/12/2018	Dutch	PDF
Abridged model	30/06/2017	02/12/2017	18/12/2017	Dutch	PDF
Abridged model	30/06/2016	17/12/2016	11/01/2017	Dutch	PDF
Abridged model	30/06/2015	05/12/2015	30/12/2015	Dutch	PDF
Abridged model	30/06/2014	14/01/2015	15/01/2015	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	06/01/2014	Dutch	PDF
Abridged model	30/06/2012	22/09/2012	22/10/2012	Dutch	PDF
Abridged model	30/06/2011	03/12/2011	16/12/2011	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	15/12/2010	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	15/12/2009	Dutch	PDF
Abridged model	30/06/2008	30/12/2008	28/01/2009	Dutch	PDF
Abridged model	30/06/2007	31/12/2007	31/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/06/2025 · 2 active · 17 ended

Active mandates

Dirk De Hulsters

Director

Active

Kim De Hulsters

Director

Active

Ended mandates

Dirk De Hulsters

Director · since 02 janvier 2020

Ended

Kim De Hulsters

Director · since 01 janvier 2018

Ended

Kim De Hulsters

Manager · since 01 janvier 2018

Ended

Peter De Hulsters

Manager · since 25 septembre 2012

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/02/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/03/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates22/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/05/2017
MAATSCHAPPELIJKE ZETEL
PDF
Other26/10/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates30/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/03/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-27 k €↓
2024
Annual accounts 2024-22,9 k €↑
2023
Annual accounts 2023-27,5 k €↓
2022
Annual accounts 2022-16 k €↑
2018
Annual accounts 2018-29,4 k €↓
2017
Annual accounts 2017-15,9 k €↓
2016
Annual accounts 20164,4 k €↓
2015
Annual accounts 20159,3 k €↓
2014
Annual accounts 2014219,2 k €↑
2013
Annual accounts 2013185,7 k €↑
2012
Annual accounts 201228,4 k €↑
2011
Annual accounts 2011-3,6 k €↓
2010
Annual accounts 201017,8 k €↑
2009
Annual accounts 2009-20,1 k €↓
2008
Annual accounts 2008-3,1 k €
27/04/1984
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Westfields

Overview

What does Westfields do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline