ACTIVE

WESTVLEES

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Financial year 2025 · closed on 31/12/2025

Net result

2,9 M €

-11.2% YoY

Revenue

598,9 M €

-5.1% YoY

Equity

71,2 M €

+4.0% YoY

Workforce

911,9 ETP

+3.2% YoY

What does WESTVLEES do?

WESTVLEES is a Public limited company incorporated in 1991. Its registered office is in Staden. It employs on average 911,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.637.526

Incorporation

30/01/1991

Legal form

Public limited company

Registered office

Ommegang West(WRB) 9
8840 Staden · FlandreSee on map

Contributed capital

345 000,00 €

Latest accounts

31/12/2025

Average workforce

911,9 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	598,9 M €	-5.1%	631 M €	+7.5%	586,8 M €	+15.0%	510,1 M €	+16.4%	438,3 M €	+1.2%	433,2 M €	+4.2%	415,6 M €	+12.3%	370,2 M €	-5.9%	393,4 M €	+4.7%	375,9 M €	+6.4%	353,3 M €	-1.8%	359,8 M €	-2.7%	369,6 M €	+4.5%	353,6 M €	+7.4%	329,3 M €	+11.5%	295,2 M €	+11.2%	265,4 M €	+1.3%	261,9 M €	+20.2%	217,9 M €	-0.8%	219,7 M €
EBITDA	15,1 M €	+16.6%	13 M €	+17.9%	11 M €	+14.1%	9,6 M €	-46.4%	18 M €	+31.8%	13,6 M €	+150%	5,5 M €	-26.0%	7,4 M €	-10.6%	8,3 M €	+2.5%	8,1 M €	-37.9%	13 M €	+5.5%	12,3 M €	+33.7%	9,2 M €	+45.9%	6,3 M €	-17.2%	7,6 M €	-20.4%	9,6 M €	+13.9%	8,4 M €	+23.1%	6,8 M €	+19.1%	5,7 M €	-23.7%	7,5 M €
Operating result	5,3 M €	+62.3%	3,2 M €	+89.5%	1,7 M €	+114%	798,3 k €	-92.4%	10,5 M €	+54.5%	6,8 M €	+1257%	-588,8 k €	-135%	1,7 M €	-58.0%	4,1 M €	-22.1%	5,2 M €	-49.8%	10,4 M €	+7.0%	9,7 M €	+51.4%	6,4 M €	+112%	3 M €	-18.2%	3,7 M €	-33.4%	5,5 M €	+1.2%	5,5 M €	+32.7%	4,1 M €	+65.1%	2,5 M €	-36.6%	3,9 M €
Net result	2,9 M €	-11.2%	3,2 M €	+119%	1,5 M €	+98.0%	748,5 k €	-91.2%	8,6 M €	+8.4%	7,9 M €	+43.7%	5,5 M €	+117%	2,5 M €	-38.7%	4,1 M €	-44.6%	7,5 M €	-39.9%	12,4 M €	+33.5%	9,3 M €	+36.3%	6,8 M €	+131%	3 M €	-26.8%	4 M €	-33.1%	6 M €	-17.6%	7,3 M €	+73.9%	4,2 M €	+110%	2 M €	-56.0%	4,5 M €
Balance sheet
Equity	71,2 M €	+4.0%	68,5 M €	-20.8%	86,5 M €	+1.5%	85,2 M €	+0.9%	84,4 M €	+11.3%	75,8 M €	+11.4%	68,1 M €	-18.3%	83,4 M €	+3.1%	80,9 M €	+5.4%	76,7 M €	+10.7%	69,2 M €	+21.7%	56,9 M €	+19.4%	47,6 M €	+16.9%	40,7 M €	+7.7%	37,8 M €	+11.8%	33,8 M €	-3.8%	35,1 M €	+25.9%	27,9 M €	+17.2%	23,8 M €	+8.5%	21,9 M €
Total assets	145,6 M €	-0.3%	146 M €	-8.5%	159,6 M €	+11.1%	143,7 M €	+9.0%	131,8 M €	+10.8%	119 M €	-6.7%	127,5 M €	+3.3%	123,4 M €	+0.8%	122,5 M €	-2.3%	125,3 M €	+15.7%	108,3 M €	+8.1%	100,3 M €	+12.5%	89,1 M €	+9.5%	81,4 M €	-0.6%	81,9 M €	+2.0%	80,3 M €	+20.8%	66,4 M €	+3.0%	64,5 M €	+15.4%	55,9 M €	+11.6%	50,1 M €
Cash	1,6 M €	+377%	345,1 k €	-19.4%	428,1 k €	+5.5%	405,7 k €	-83.4%	2,4 M €	+23.9%	2 M €	+4615%	41,7 k €	-77.1%	182,6 k €	+8.0%	169 k €	-47.6%	322,4 k €	-91.0%	3,6 M €	-67.3%	10,9 M €	+503%	1,8 M €	+57.6%	1,1 M €	-10.5%	1,3 M €	+14.4%	1,1 M €	+83.2%	611,5 k €	-14.8%	717,7 k €	+6.3%	675,3 k €	+54.8%	436,2 k €
Debts	73,7 M €	-4.4%	77 M €	+6.1%	72,6 M €	+25.2%	58 M €	+23.3%	47 M €	+9.9%	42,8 M €	-27.8%	59,2 M €	+49.0%	39,7 M €	-3.3%	41,1 M €	-5.7%	43,6 M €	+31.4%	33,2 M €	-13.0%	38,1 M €	-3.2%	39,4 M €	+2.6%	38,4 M €	-7.7%	41,6 M €	-3.3%	43 M €	+56.1%	27,6 M €	-14.7%	32,3 M €	+15.6%	27,9 M €	+16.8%	23,9 M €
Other
Workforce	911,9 ETP	+3.2%	883,3 ETP	-1.7%	898,6 ETP	-7.1%	967,5 ETP	-6.7%	1 036,5 ETP	+8.6%	954,6 ETP	+0.0%	954,4 ETP	-3.5%	988,9 ETP	-5.5%	1 047,0 ETP	+0.2%	1 044,6 ETP	+5.3%	992,0 ETP	+2.7%	965,7 ETP	-3.0%	995,7 ETP	+1.3%	982,6 ETP	+0.6%	977,1 ETP	+3.7%	942,2 ETP	+2.3%	920,7 ETP	+3.9%	886,5 ETP	+1.7%	871,4 ETP	+3.6%	840,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

KONBRA

Director · since 01 janvier 2024 · until 18 juin 2029 · 0667.764.826

Represented by Philippe DEBAILLIE

Active

Jos CLAEYS

Managing director · since 19 juin 2023 · until 18 juin 2029

Active

Piet CLAEYS

Director · since 19 juin 2023 · until 18 juin 2029

Active

PROSELECT

Director · since 19 juin 2023 · until 18 juin 2029 · 0439.414.156

Represented by Danny DEMAN

Active

Ended mandates

FIMADERO

Director · since 19 juin 2023 · until 31 décembre 2023 · 0437.587.685

Represented by Philippe DEBAILLIE

Ended

PROSELECT

Director · since 18 juin 2018 · until 19 juin 2023 · 0439.414.156

Represented by Danny DEMAN

Ended

'T PARADIJS

Director · since 19 juin 2017 · until 18 juin 2018 · 0440.579.938

Represented by Danny DEMAN

Ended

'T PARADIJS

Director · since 19 juin 2017 · until 19 juin 2023 · 0440.579.938

Represented by Danny DEMAN

Ended

At this address

Other companies at this address

Company	CBE no.
BELGIAN PORK GROUP● Active	0878.201.178
Denali● Active	1012.329.909
Pork Power● Active	0726.445.371
WESTVLEES GROUP● Active	0635.995.445

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	21/08/2026	13/08/2025	27/08/2024	24/08/2023	18/08/2022	26/08/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	19/06/2023	20/06/2022	21/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	21/08/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	13/08/2025	Dutch	PDF
Full model	31/12/2023	17/06/2024	27/08/2024	Dutch	PDF
Full model	31/12/2022	19/06/2023	24/08/2023	Dutch	PDF
Full model	31/12/2021	20/06/2022	18/08/2022	Dutch	PDF
Full model	31/12/2020	21/06/2021	26/08/2021	Dutch	PDF
Full model	31/12/2019	15/06/2020	27/08/2020	Dutch	PDF
Full model	31/12/2018	17/06/2019	21/08/2019	Dutch	PDF
Full model	31/12/2017	18/06/2018	23/08/2018	Dutch	PDF
Full model	31/12/2016	19/06/2017	09/08/2017	Dutch	PDF
Full model	31/12/2015	20/06/2016	29/07/2016	Dutch	PDF
Full model	31/12/2014	15/06/2015	29/09/2015	Dutch	PDF
Full model	31/12/2013	16/06/2014	12/08/2014	Dutch	PDF
Full model	31/12/2012	17/06/2013	16/08/2013	Dutch	PDF
Full model	31/12/2011	18/06/2012	14/08/2012	Dutch	PDF
Full model	31/12/2010	20/06/2011	21/11/2011	Dutch	PDF
Full model	31/12/2009	21/06/2010	17/12/2010	Dutch	PDF
Full model	31/12/2008	15/06/2009	16/12/2009	Dutch	PDF
Full model	31/12/2007	16/06/2008	30/07/2008	Dutch	PDF
Full model	31/12/2006	18/06/2007	25/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

KONBRA

Director · since 01 janvier 2024 · until 18 juin 2029 · 0667.764.826

Represented by Philippe DEBAILLIE

Active

Jos CLAEYS

Managing director · since 19 juin 2023 · until 18 juin 2029

Active

Piet CLAEYS

Director · since 19 juin 2023 · until 18 juin 2029

Active

PROSELECT

Director · since 19 juin 2023 · until 18 juin 2029 · 0439.414.156

Represented by Danny DEMAN

Active

Ended mandates

FIMADERO

Director · since 19 juin 2023 · until 31 décembre 2023 · 0437.587.685

Represented by Philippe DEBAILLIE

Ended

PROSELECT

Director · since 18 juin 2018 · until 19 juin 2023 · 0439.414.156

Represented by Danny DEMAN

Ended

'T PARADIJS

Director · since 19 juin 2017 · until 18 juin 2018 · 0440.579.938

Represented by Danny DEMAN

Ended

'T PARADIJS

Director · since 19 juin 2017 · until 19 juin 2023 · 0440.579.938

Represented by Danny DEMAN

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/11/2019
KAPITAAL - AANDELEN
PDF
Restructuring16/11/2018
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/10/2018
ONTSLAGEN - BENOEMINGEN
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 20252,9 M €↓
2024
Annual accounts 20243,2 M €↑
17/06/2024
reconductionNV CALLENS VANDELANOTTE — commissaris
01/01/2024
nominationKONBRA — bestuurder
2023
Annual accounts 20231,5 M €↑
19/06/2023
reconductionJos CLAEYS — raad van bestuur
19/06/2023
reconductionPiet CLAEYS — raad van bestuur
2022
Annual accounts 2022748,5 k €↓
2021
Annual accounts 20218,6 M €↑
2020
Annual accounts 20207,9 M €↑
2019
Annual accounts 20195,5 M €↑
2018
Annual accounts 20182,5 M €↓
2017
Annual accounts 20174,1 M €↓
2016
Annual accounts 20167,5 M €↓
2015
Annual accounts 201512,4 M €↑
2014
Annual accounts 20149,3 M €↑
2013
Annual accounts 20136,8 M €↑
2012
Annual accounts 20123 M €↓
2011
Annual accounts 20114 M €↓
2010
Annual accounts 20106 M €↓
2009
Annual accounts 20097,3 M €↑
2008
Annual accounts 20084,2 M €↑
2007
Annual accounts 20072 M €↓
2006
Annual accounts 20064,5 M €
30/01/1991
IncorporationPublic 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

WESTVLEES

Overview

What does WESTVLEES do?

Trend over 20 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