ACTIVE

WESTERLAAN

Financial year 2025 · closed on 31/12/2025
Net result
64,4 k €
+29.2% YoY
Gross margin
70 k €
+36.2% YoY
Equity
-1,9 M €
+3.3% YoY

What does WESTERLAAN do?

WESTERLAAN is a Public limited company incorporated in 1994. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Watermael-Boitsfort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.383.344
Incorporation
14/09/1994
Legal form
Public limited company
Registered office
Chaussée de La Hulpe 177 box 20
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
495 787,05 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin70 k €51,4 k €19,4 k €22,1 k €7,9 k €16,8 k €2 k €-2,2 k €19,5 k €-1,2 k €-994,8 €-1,7 k €-8,5 k €3,1 k €5,3 k €363,3 k €-3,7 k €
EBITDA69,5 k €50,8 k €18,7 k €21,5 k €-151,7 k €16,3 k €1,4 k €-2,7 k €19,2 k €-1,5 k €-1,4 k €-3 k €-9,5 k €-17 k €110,6 k €1,6 k €4,3 k €361,1 k €-4,3 k €-347,5 €
Operating result69,4 k €50,8 k €18,7 k €21,5 k €-151,7 k €16,3 k €1,4 k €-2,7 k €19,2 k €-1,5 k €-1,4 k €-3 k €-9,5 k €-17 k €110,6 k €1,6 k €4,3 k €361,1 k €-4,3 k €-347,5 €
Net result64,4 k €49,8 k €18,5 k €21,4 k €-151,8 k €16,2 k €2,4 k €-2 k €20,1 k €2,3 k €3,7 k €1,9 k €-541,5 k €-11,6 k €112,4 k €-263,6 k €14,2 k €364,6 k €-5,1 k €-92 k €
Balance sheet
Equity-1,9 M €-2 M €-2 M €-2 M €-2,1 M €-1,9 M €-1,9 M €-1,9 M €-1,9 M €-1,9 M €-1,9 M €-1,9 M €-2 M €-1,4 M €-1,4 M €-1,5 M €-1,2 M €-1,3 M €-1,6 M €-1,6 M €
Total assets16,1 k €25,9 k €31,7 k €68,2 k €51,1 k €202,3 k €186,6 k €204,3 k €387,6 k €368 k €365,9 k €458,3 k €462 k €976,7 k €991,5 k €889,5 k €1,3 M €1,5 M €942,6 k €943,7 k €
Cash1,4 k €3,8 k €117,2 €9 k €15,7 k €16,2 k €18,7 k €21,1 k €2,9 k €7,4 k €8,9 k €556,5 €46 €656,7 €25,3 k €19,6 k €20,6 k €6,7 k €34,5 €1,1 k €
Debts1,9 M €2 M €2 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,3 M €2,3 M €2,3 M €2,4 M €2,4 M €2,4 M €2,4 M €2,4 M €2,5 M €2,7 M €2,6 M €2,6 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 28 ended

Active mandates

MARC DE SCHRYVER

Managing director · since 29 août 2018

Active
Alexandre Quarles van Ufford

Director · since 01 septembre 2016

Active

Ended mandates

Marc De Scrhyver

Managing director · since 12 septembre 2016

Ended
Alexandre Quarles van Ufford

Managing director · since 01 septembre 2016

Ended
Alexandre Quarles Van Ufford

Director · since 01 septembre 2016 · until 31 août 2022

Ended
Alexandre Quarles van Uffordf

Director · since 01 septembre 2016 · until 31 août 2022

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro 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 date24/08/202626/08/202518/06/202417/08/202325/08/202201/07/2021
General meeting30/06/202620/08/202531/05/202416/08/202310/05/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202624/08/2026FrenchPDF
Abridged model31/12/202420/08/202526/08/2025FrenchPDF
Abridged model31/12/202331/05/202418/06/2024FrenchPDF
Abridged model31/12/202216/08/202317/08/2023FrenchPDF
Micro model31/12/202110/05/202225/08/2022FrenchPDF
Micro model31/12/202031/05/202101/07/2021FrenchPDF
Micro model31/12/201931/08/202023/09/2020FrenchPDF
Abridged model31/12/201821/08/201929/08/2019FrenchPDF
Abridged model31/12/201721/08/201825/09/2018FrenchPDF
Abridged model31/12/201628/08/201729/08/2017FrenchPDF
Abridged model31/12/201528/05/201630/08/2016FrenchPDF
Abridged model31/12/201425/04/201524/08/2015FrenchPDF
Abridged model31/12/201328/04/201431/07/2014FrenchPDF
Full model31/12/201225/05/201305/09/2013FrenchPDF
Full model31/12/201119/07/201229/08/2012FrenchPDF
Abridged model31/12/201028/05/201119/09/2011FrenchPDF
Abridged model31/12/200929/05/201019/07/2010FrenchPDF
Abridged model31/12/200825/04/200928/08/2009FrenchPDF
Abridged model31/12/200726/04/200828/08/2008FrenchPDF
Abridged model31/12/200628/04/200729/08/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 28 ended

Active mandates

MARC DE SCHRYVER

Managing director · since 29 août 2018

Active
Alexandre Quarles van Ufford

Director · since 01 septembre 2016

Active

Ended mandates

Marc De Scrhyver

Managing director · since 12 septembre 2016

Ended
Alexandre Quarles van Ufford

Managing director · since 01 septembre 2016

Ended
Alexandre Quarles Van Ufford

Director · since 01 septembre 2016 · until 31 août 2022

Ended
Alexandre Quarles van Uffordf

Director · since 01 septembre 2016 · until 31 août 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/02/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates19/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office10/03/2023
    SIEGE SOCIAL
    PDF
  • Mandates02/10/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/09/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/05/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/09/2012
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 202564,4 k €
  2. 2024
    Annual accounts 202449,8 k €
  3. 2023
    Annual accounts 202318,5 k €
  4. 2022
    Annual accounts 202221,4 k €
  5. 2021
    Annual accounts 2021-151,8 k €
  6. 2020
    Annual accounts 202016,2 k €
  7. 2019
    Annual accounts 20192,4 k €
  8. 2018
    Annual accounts 2018-2 k €
  9. 2017
    Annual accounts 201720,1 k €
  10. 2016
    Annual accounts 20162,3 k €
  11. 2015
    Annual accounts 20153,7 k €
  12. 2014
    Annual accounts 20141,9 k €
  13. 2013
    Annual accounts 2013-541,5 k €
  14. 2012
    Annual accounts 2012-11,6 k €
  15. 2011
    Annual accounts 2011112,4 k €
  16. 2010
    Annual accounts 2010-263,6 k €
  17. 2009
    Annual accounts 200914,2 k €
  18. 2008
    Annual accounts 2008364,6 k €
  19. 2007
    Annual accounts 2007-5,1 k €
  20. 2006
    Annual accounts 2006-92 k €
  21. 14/09/1994
    IncorporationPublic limited company