ACTIVE

WESTEL

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Financial year 2025 · Closed on 31/03/2025

Net result3,3 k €-26,5 %over 1 year
Gross margin42,3 k €-8,7 %over 1 year
Equity560,3 k €+0,6 %over 1 year

Identity

Source · BCE/KBO

WESTEL is a Private limited company incorporated in 1985. Its registered office is in Westerlo.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.331.916
Incorporation
21/06/1985
Legal form
Private limited company
Registered office
Boerenkrijglaan 159
2260 Westerlo · FlandreSee on map
Contributed capital
6 197,33 €
Latest accounts
31/03/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin42,3 k €46,4 k €45,9 k €43,8 k €192,8 k €
EBITDA33,5 k €36,1 k €37,5 k €33,5 k €183,9 k €
Operating result6,1 k €9 k €10,9 k €8,2 k €159,2 k €
Net result3,3 k €4,5 k €6,5 k €3,9 k €122,7 k €
Balance sheet
Equity560,3 k €557 k €552,5 k €546 k €533 k €
Total assets694,7 k €719 k €748,1 k €769,2 k €834 k €
Cash43,5 k €43,1 k €44,2 k €56,2 k €113,9 k €
Debts93,8 k €119,3 k €150,6 k €176 k €242,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 2 ended

Active mandates

Gust Cloots

Director

Active
Lodewijk Cloots

Director

Active

Ended mandates

Lodewijk Cloots

Manager · since 25 avril 2003

Ended
Lodewijk Cloots

Manager

Ended

Other companies at this address

Boerenkrijglaan 159 2260 Westerlo
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0666.673.872
ELITE VIDEO● Active
0465.160.926
ELITE VIDEO GROEP● Active
0472.117.608
FILMHUIS● Active
0864.454.201
NATIONAL ADVERTISING PRODUCTIONS● Active
0441.514.306
PUFFS● Active
0673.675.688

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/10/202528/10/202426/10/202302/11/202228/10/202130/10/2020
General meeting30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202530/09/202529/10/2025DutchPDF
Micro model31/03/202430/09/202428/10/2024DutchPDF
Micro model31/03/202330/09/202326/10/2023DutchPDF
Micro model31/03/202230/09/202202/11/2022DutchPDF
Micro model31/03/202130/09/202128/10/2021DutchPDF
Micro model31/03/202030/09/202030/10/2020DutchPDF
Micro model31/03/201930/09/201930/10/2019DutchPDF
Micro model31/03/201830/09/201831/10/2018DutchPDF
Micro model31/03/201730/09/201731/10/2017DutchPDF
Abridged model31/03/201630/09/201628/10/2016DutchPDF
Abridged model31/03/201522/09/201501/10/2015DutchPDF
Abridged model31/03/201430/09/201416/10/2014DutchPDF
Abridged model31/03/201330/09/201329/10/2013DutchPDF
Abridged model31/03/201230/09/201208/11/2012DutchPDF
Abridged model31/03/201130/09/201103/11/2011DutchPDF
Abridged model31/03/201021/09/201026/10/2010DutchPDF
Abridged model31/03/200922/09/200913/10/2009DutchPDF
Abridged model31/03/200823/09/200824/09/2008DutchPDF
Abridged model31/03/200718/09/200719/09/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 2 ended

Active mandates

Gust Cloots

Director

Active
Lodewijk Cloots

Director

Active

Ended mandates

Lodewijk Cloots

Manager · since 25 avril 2003

Ended
Lodewijk Cloots

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/05/2004
    BENAMING - KAPITAAL - AANDELEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates02/01/2004
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/01/2004
    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 20253,3 k €↓
  2. 2024
    Annual accounts 20244,5 k €↓
  3. 2023
    Annual accounts 20236,5 k €↑
  4. 2022
    Annual accounts 20223,9 k €↓
  5. 2021
    Annual accounts 2021122,7 k €↑
  6. 2020
    Annual accounts 20206,8 k €↑
  7. 2019
    Annual accounts 20195,7 k €↓
  8. 2018
    Annual accounts 201818,2 k €↓
  9. 2017
    Annual accounts 201721,5 k €↑
  10. 2016
    Annual accounts 2016-12,7 k €↓
  11. 2015
    Annual accounts 20159 k €↑
  12. 2014
    Annual accounts 2014-7,7 k €↑
  13. 2013
    Annual accounts 2013-76,2 k €↓
  14. 2012
    Annual accounts 2012-7,3 k €↓
  15. 2011
    Annual accounts 2011207,2 k €↑
  16. 2010
    Annual accounts 2010-44,2 k €↓
  17. 2009
    Annual accounts 2009-29,8 k €↓
  18. 2008
    Annual accounts 200813,4 k €↑
  19. 2007
    Annual accounts 200710,8 k €
  20. 21/06/1985
    IncorporationPrivate limited company