ACTIVE

KVC WESTERLO

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Financial year 2025 · Closed on 30/06/2025

Net result-11,8 M €+48,7 %over 1 year

Revenue14,4 M €+22,4 %over 1 year

Equity-1,9 M €+48,3 %over 1 year

Workforce101,9 ETP+6,7 %over 1 year

Identity

Source · BCE/KBO

KVC WESTERLO is a Private limited company incorporated in 1988. Its main activity is: Accommodation. Its registered office is in Westerlo. It employs on average 101,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0436.473.670
Incorporation: 01/12/1988
Legal form: Private limited company
Registered office: de Merodedreef 189
2260 Westerlo · FlandreSee on map
Contributed capital: 69 614 892,31 €
Latest accounts: 30/06/2025
Average workforce: 101,9 ETP

Activities (NACE)

55510Accommodation· main 93121Activities of sports clubs 93121Activities of sports clubs 56220Event catering and other food service activities 56290Other food service activities 92611Gambling and betting activities+5

Joint committees (3)

Signals

Healthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	14,4 M €	+22.4%	11,7 M €	+38.3%	8,5 M €	+148%	3,4 M €		–
EBITDA	-3,4 M €	+79.0%	-16,1 M €	-160%	-6,2 M €	+41.9%	-10,7 M €	-65.5%	-6,5 M €
Operating result	-11,4 M €	+49.7%	-22,6 M €	-185%	-7,9 M €	+30.4%	-11,4 M €	-61.7%	-7,1 M €
Net result	-11,8 M €	+48.7%	-22,9 M €	-172%	-8,4 M €	+26.9%	-11,6 M €	-60.4%	-7,2 M €
Balance sheet
Equity	-1,9 M €	+48.3%	-3,6 M €	+75.5%	-14,6 M €	-136%	-6,2 M €	+50.8%	-12,6 M €
Total assets	38,7 M €	-4.6%	40,5 M €	+66.6%	24,3 M €	+225%	7,5 M €	+58.6%	4,7 M €
Cash	135,1 k €	+49.7%	90,2 k €	-8.5%	98,6 k €	+55.9%	63,2 k €	-7.6%	68,4 k €
Debts	39,4 M €	-3.6%	40,9 M €	+6.5%	38,4 M €	+193%	13,1 M €	-21.1%	16,6 M €
Other
Workforce	101,9 ETP	+6.7%	95,5 ETP	+21.8%	78,4 ETP	+8.6%	72,2 ETP	+18.8%	60,8 ETP

Board of directors

Source · NBB, accounts to 30/06/2025

6 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Johan Van Loo	Director11/02/2025 → 13/01/2028
Kris Vandepaer	Director21/11/2014 → 09/11/2029
Hasan Cetinkaya	Director13/06/2019 → 13/01/2028
Oktay Ercan	Chairman of the board of directors14/01/2022 → 13/01/2028Director2021 accountsended
Sedat Berk Ercan	Director14/01/2022 → 13/01/2028
Wim Van Hove	Director14/01/2022 → 13/01/2028Managing director14/01/2022 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Herman Wijnants	Director24/11/2014 → 2015 accounts
Alfons Verboven	Director21/11/2014 → 2015 accounts
Frans Theeuwes	Director21/11/2014 → 2015 accounts
Guido Kestens	Director21/11/2014 → 2015 accounts

Other companies at this address

de Merodedreef 189 2260 Westerlo

Company	CBE no.
OOSTERWIJK● Active	0744.853.793
Themacafé KVCW● Active	1000.226.188
VC Westerlo● Active	0407.891.235
WESTEL● Active	0438.967.065
Westerlo Synergie● Active	0735.589.008

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full 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	19/12/2025	26/11/2024	24/11/2023	29/11/2022	27/12/2021	07/12/2020
General meeting	05/12/2025	08/11/2024	08/11/2023	28/10/2022	29/10/2021	06/11/2020
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	05/12/2025	19/12/2025	Dutch	PDF
Full model	30/06/2024	08/11/2024	26/11/2024	Dutch	PDF
Full model	30/06/2023	08/11/2023	24/11/2023	Dutch	PDF
Full model	30/06/2022	28/10/2022	29/11/2022	Dutch	PDF
Abridged model	30/06/2021	29/10/2021	27/12/2021	Dutch	PDF
Abridged model	30/06/2020	06/11/2020	07/12/2020	Dutch	PDF
Abridged model	30/06/2019	12/12/2019	23/12/2019	Dutch	PDF
Abridged model	30/06/2018	02/10/2018	12/02/2019	Dutch	PDF
Abridged model	30/06/2017	14/11/2017	22/12/2017	Dutch	PDF
Abridged model	30/06/2016	14/10/2016	16/12/2016	Dutch	PDF
Abridged model	30/06/2015	26/10/2015	02/11/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	17/09/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	26/09/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	13/09/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	31/07/2007	Dutch	PDF

Indicative valuation

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

6 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Johan Van Loo	Director11/02/2025 → 13/01/2028
Kris Vandepaer	Director21/11/2014 → 09/11/2029
Hasan Cetinkaya	Director13/06/2019 → 13/01/2028
Oktay Ercan	Chairman of the board of directors14/01/2022 → 13/01/2028Director2021 accountsended
Sedat Berk Ercan	Director14/01/2022 → 13/01/2028
Wim Van Hove	Director14/01/2022 → 13/01/2028Managing director14/01/2022 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Herman Wijnants	Director24/11/2014 → 2015 accounts
Alfons Verboven	Director21/11/2014 → 2015 accounts
Frans Theeuwes	Director21/11/2014 → 2015 accounts
Guido Kestens	Director21/11/2014 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other01/07/2026
DIVERSEN
PDF
Other09/02/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Capital / shares02/07/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
PDF
Mandates01/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other04/07/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates06/03/2024
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Other04/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Johan Van Loo

Kris Vandepaer

Oktay Ercan

Hasan Cetinkaya

Sedat Berk Ercan

Wim Van Hove

Herman Wijnants

Willem Van Hove

Alfons Verboven

Marcel Van Dijck

Frans Theeuwes

Guido Kestens

Show the 4 other mandates

198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

KVC WESTERLO

de Merodedreef 189, 2260 Westerlo

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
de Merodedreef 189, 2260 WesterloCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00585612

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
KVC WESTERLOCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00585612

Events

2025
Annual accounts 2025-11,8 M €↑
2024
Annual accounts 2024-22,9 M €↓
2023
Annual accounts 2023-8,4 M €↑
2022
Annual accounts 2022-11,6 M €↓
2021
Annual accounts 2021-7,2 M €↓
2020
Annual accounts 2020-5,3 M €↓
2019
Annual accounts 2019-2,1 M €↓
2018
Annual accounts 2018-923,8 k €↓
2017
Annual accounts 2017-161,5 k €↑
2016
Annual accounts 2016-1,2 M €↓
2015
Annual accounts 2015125,9 k €↑
2013
Annual accounts 2013-863,5 €↓
2012
Annual accounts 2012-773,8 €↑
2011
Annual accounts 2011-1,5 k €↓
2010
Annual accounts 2010-528,5 €↑
2009
Annual accounts 2009-673,1 €↑
2008
Annual accounts 2008-694,1 €↑
2007
Annual accounts 2007-860,4 €↑
2006
Annual accounts 2006-1,5 k €
01/12/1988
IncorporationPrivate limited company

KVC WESTERLO

Overview

Identity

Financials

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

Registered offices

Company names

Events