ACTIVE

WESTERSTRAND - EUROPE

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Financial year 2025 · Closed on 31/12/2025

Net result2,7 k €-80,4 %over 1 year
Gross margin542,2 k €+7,0 %over 1 year
Equity167,7 k €+1,6 %over 1 year
Workforce4,8 ETP+26,3 %over 1 year

Identity

Source · BCE/KBO

WESTERSTRAND - EUROPE is a Public limited company incorporated in 1993. Its registered office is in Kortrijk. It employs on average 4,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.223.322
Incorporation
14/06/1993
Legal form
Public limited company
Registered office
Waterven(Heu) 18
8501 Kortrijk · FlandreSee on map
Contributed capital
61 973,00 €
Latest accounts
31/12/2025
Average workforce
4,8 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin542,2 k €506,9 k €465,7 k €474,6 k €310,9 k €
EBITDA84,8 k €89 k €109,7 k €176,2 k €44,7 k €
Operating result18,5 k €33,3 k €61 k €151,7 k €17,5 k €
Net result2,7 k €13,8 k €36,7 k €22,8 k €1,3 k €
Balance sheet
Equity167,7 k €165 k €151,2 k €114,5 k €91,7 k €
Total assets991,8 k €912,7 k €1,1 M €941 k €697,4 k €
Cash111,7 k €152,5 k €163,3 k €278,9 k €123,3 k €
Debts815,1 k €747,7 k €947,4 k €819,9 k €605,7 k €
Other
Workforce4,8 ETP3,8 ETP3,7 ETP3,8 ETP4,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Johan Johansson

Managing director

Active
Patrick Liveyns

Director

Active

Ended mandates

Ake Kappers-Petterson

Director

Ended
Hansa Eliasson

Director

Ended
Patrick Liveyns

Mandate

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/08/202611/08/202515/08/202429/08/202322/08/202223/08/2021
General meeting30/06/202627/06/202527/06/202429/06/202329/06/202229/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202616/08/2026DutchPDF
Abridged model31/12/202427/06/202511/08/2025DutchPDF
Abridged model31/12/202327/06/202415/08/2024DutchPDF
Abridged model31/12/202229/06/202329/08/2023DutchPDF
Abridged model31/12/202129/06/202222/08/2022DutchPDF
Abridged model31/12/202029/06/202123/08/2021DutchPDF
Abridged model31/12/201930/06/202029/08/2020DutchPDF
Abridged model31/12/201827/06/201927/08/2019DutchPDF
Abridged model31/12/201726/06/201829/08/2018DutchPDF
Abridged model31/12/201627/06/201725/08/2017DutchPDF
Abridged model31/12/201528/06/201631/08/2016DutchPDF
Abridged model31/12/201426/06/201529/08/2015DutchPDF
Abridged model31/12/201326/06/201424/08/2014DutchPDF
Abridged model31/12/201228/06/201325/08/2013DutchPDF
Abridged model31/12/201128/06/201222/08/2012DutchPDF
Abridged model31/12/201024/06/201125/08/2011DutchPDF
Abridged model31/12/200925/06/201011/09/2010DutchPDF
Abridged model31/12/200825/06/200903/08/2009DutchPDF
Abridged model31/12/200730/06/200806/08/2008DutchPDF
Abridged model31/12/200627/06/200722/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025

2 active · 3 ended

Active mandates

Johan Johansson

Managing director

Active
Patrick Liveyns

Director

Active

Ended mandates

Ake Kappers-Petterson

Director

Ended
Hansa Eliasson

Director

Ended
Patrick Liveyns

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/11/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2005
    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 20252,7 k €↓
  2. 2024
    Annual accounts 202413,8 k €↓
  3. 2023
    Annual accounts 202336,7 k €↑
  4. 2022
    Annual accounts 202222,8 k €↑
  5. 2021
    Annual accounts 20211,3 k €↑
  6. 2020
    Annual accounts 2020-21 k €↓
  7. 2019
    Annual accounts 20192,2 k €↓
  8. 2018
    Annual accounts 20186,6 k €↓
  9. 2017
    Annual accounts 201710,4 k €↑
  10. 2016
    Annual accounts 20168,3 k €↓
  11. 2015
    Annual accounts 201519,7 k €↑
  12. 2014
    Annual accounts 20141,4 k €↓
  13. 2013
    Annual accounts 201311,7 k €↑
  14. 2012
    Annual accounts 20122,6 k €↓
  15. 2011
    Annual accounts 20115,5 k €↓
  16. 2010
    Annual accounts 20108,1 k €↑
  17. 2009
    Annual accounts 2009-4,7 k €↓
  18. 2008
    Annual accounts 2008-2,8 k €↓
  19. 2007
    Annual accounts 200711,1 k €↑
  20. 2006
    Annual accounts 2006129 €
  21. 14/06/1993
    IncorporationPublic limited company