ACTIVE

WEST FLANDERS TRUST

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Financial year 2025 · Closed on 30/06/2025

Net result283,5 k €+22,9 %over 1 year

Gross margin584,8 k €+17,2 %over 1 year

Equity5,5 M €+1,5 %over 1 year

Identity

Source · BCE/KBO

WEST FLANDERS TRUST is a Public limited company incorporated in 1986. Its registered office is in Kuurne.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0430.106.017
Incorporation: 23/12/1986
Legal form: Public limited company
Registered office: Industrielaan 15
8520 Kuurne · FlandreSee on map
Contributed capital: 1 016 765,55 €
Latest accounts: 30/06/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	584,8 k €	+17.2%	498,8 k €	+16.2%	429,5 k €	+7.6%	399,1 k €	+31.3%	303,9 k €
EBITDA	532,4 k €	+18.1%	450,9 k €	+17.5%	383,9 k €	+7.4%	357,5 k €	+36.2%	262,5 k €
Operating result	361,4 k €	+20.7%	299,5 k €	+27.6%	234,6 k €	+7.5%	218,3 k €	+74.2%	125,3 k €
Net result	283,5 k €	+22.9%	230,7 k €	+8.0%	213,7 k €	-17.5%	259,1 k €	+168%	96,7 k €
Balance sheet
Equity	5,5 M €	+1.5%	5,5 M €	+0.6%	5,4 M €	+1.2%	5,4 M €	+0.4%	5,4 M €
Total assets	6,8 M €	+1.1%	6,7 M €	+1.6%	6,6 M €	+16.7%	5,6 M €	+1.0%	5,6 M €
Cash	130,6 k €	-75.7%	537,9 k €	+167%	201,8 k €	-82.8%	1,2 M €	+95.7%	599,4 k €
Debts	1,2 M €	-1.3%	1,2 M €	+5.9%	1,1 M €	+340%	260,9 k €	+24.9%	209 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 22 ended

Active mandates

Stefan C Volcke

Director · since 14 octobre 2022 · until 13 octobre 2028

Active

Stephan G. Volcke

Director · since 09 octobre 2020 · until 09 octobre 2026

Active

Jeff R. Volcke

Director · since 11 octobre 2019 · until 10 octobre 2025

Active

Ended mandates

Stefan C. VOLCKE

Director · since 14 octobre 2022 · until 14 octobre 2028

Ended

Stefan Volcke

Director · since 14 octobre 2022 · until 14 octobre 2028

Ended

Stephan G. Volcke

Director · since 09 octobre 2020 · until 10 octobre 2026

Ended

Jeff R. VOLCKE

Chairman of the board of directors · since 11 octobre 2019 · until 10 octobre 2025

Ended

Other companies at this address

Industrielaan 15 8520 Kuurne

Company	CBE no.
GOODMARK EUROPE● Active	0864.276.631
TULIP INNOVATION● Active	0521.829.613
VOLCKE AEROSOL BELGIUM● Active	0428.090.989

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	30/01/2026	26/11/2024	08/11/2023	02/11/2022	28/10/2021	22/10/2020
General meeting	10/10/2025	11/10/2024	13/10/2023	14/10/2022	08/10/2021	09/10/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	10/10/2025	30/01/2026	Dutch	PDF
Micro model	30/06/2024	11/10/2024	26/11/2024	Dutch	PDF
Micro model	30/06/2023	13/10/2023	08/11/2023	Dutch	PDF
Micro model	30/06/2022	14/10/2022	02/11/2022	Dutch	PDF
Micro model	30/06/2021	08/10/2021	28/10/2021	Dutch	PDF
Micro model	30/06/2020	09/10/2020	22/10/2020	Dutch	PDF
Micro model	30/06/2019	11/10/2019	25/10/2019	Dutch	PDF
Micro model	30/06/2018	12/10/2018	25/10/2018	Dutch	PDF
Micro model	30/06/2017	13/10/2017	30/10/2017	Dutch	PDF
Abridged model	30/06/2016	14/10/2016	17/10/2016	Dutch	PDF
Abridged model	30/06/2015	09/10/2015	16/10/2015	Dutch	PDF
Abridged model	30/06/2014	10/10/2014	18/11/2014	Dutch	PDF
Abridged model	30/06/2013	11/10/2013	05/11/2013	Dutch	PDF
Abridged model	30/06/2012	12/10/2012	31/10/2012	Dutch	PDF
Abridged modelCorrection	30/06/2011	14/10/2011	07/11/2011	Dutch	PDF
Abridged model	30/06/2011	14/10/2011	27/10/2011	Dutch	PDF
Full model	30/06/2010	16/12/2010	03/01/2011	Dutch	PDF
Full model	30/06/2009	18/12/2009	21/12/2009	Dutch	PDF
Full model	30/06/2008	24/12/2008	12/01/2009	Dutch	PDF
Full model	30/06/2007	12/10/2007	12/11/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 30/06/2025

3 active · 22 ended

Active mandates

Stefan C Volcke

Director · since 14 octobre 2022 · until 13 octobre 2028

Active

Stephan G. Volcke

Director · since 09 octobre 2020 · until 09 octobre 2026

Active

Jeff R. Volcke

Director · since 11 octobre 2019 · until 10 octobre 2025

Active

Ended mandates

Stefan C. VOLCKE

Director · since 14 octobre 2022 · until 14 octobre 2028

Ended

Stefan Volcke

Director · since 14 octobre 2022 · until 14 octobre 2028

Ended

Stephan G. Volcke

Director · since 09 octobre 2020 · until 10 octobre 2026

Ended

Jeff R. VOLCKE

Chairman of the board of directors · since 11 octobre 2019 · until 10 octobre 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other10/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/11/2013
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025283,5 k €↑
2024
Annual accounts 2024230,7 k €↑
2023
Annual accounts 2023213,7 k €↓
2022
Annual accounts 2022259,1 k €↑
2021
Annual accounts 202196,7 k €↓
2020
Annual accounts 2020122,1 k €↓
2019
Annual accounts 2019175,8 k €↑
2018
Annual accounts 2018164,7 k €↓
2017
Annual accounts 2017183,9 k €↑
2016
Annual accounts 2016172,2 k €↓
2015
Annual accounts 2015179,3 k €↑
2014
Annual accounts 2014179,1 k €↓
2013
Annual accounts 2013201,2 k €↑
2012
Annual accounts 2012184 k €↑
2011
Annual accounts 2011149,9 k €↓
2010
Annual accounts 2010209,1 k €↑
2009
Annual accounts 2009105,2 k €↓
2008
Annual accounts 2008108,2 k €↓
2007
Annual accounts 2007123,6 k €
23/12/1986
IncorporationPublic limited company

WEST FLANDERS TRUST

Overview

Identity

Financials

Valuation

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

Timeline