ACTIVE

WESTTRAC

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Financial year 2025 · closed on 30/09/2025

Net result

1,2 M €

+4.6% YoY

Revenue

21,4 M €

+9.0% YoY

Equity

9,6 M €

+4.7% YoY

Workforce

16,3 ETP

+10.1% YoY

What does WESTTRAC do?

WESTTRAC is a Public limited company incorporated in 1995. Its main activity is: Sale of other motor vehicles. Its registered office is in Diksmuide. It employs on average 16,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.142.014

Incorporation

17/05/1995

Legal form

Public limited company

Registered office

Ramboutstraat 27
8600 Diksmuide · FlandreSee on map

Contributed capital

154 933,45 €

Latest accounts

30/09/2025

Average workforce

16,3 ETP

Activities (NACE)

45193Sale of other motor vehicles· main 46610Wholesale of agricultural machinery, equipment and supplies 46610Wholesale of agricultural machinery, equipment and supplies 47812Retail sale via stalls and markets of food, beverages and tobacco products 51880Air transport 45202Maintenance and repair of motor vehicles+1

Joint committees (5)

14904
19404
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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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	21,4 M €	+9.0%	19,7 M €	+23.8%	15,9 M €	-3.6%	16,5 M €	+8.7%	15,2 M €	-22.5%	19,6 M €	+30.9%	14,9 M €	-12.8%	17,1 M €	-7.8%	18,6 M €	+6.2%	17,5 M €	+23.9%	14,1 M €	-12.1%	16,1 M €	+9.8%	14,6 M €	+17.3%	12,5 M €	-6.6%	13,4 M €	+14.5%	11,7 M €	+0.0%	11,7 M €	-17.2%	14,1 M €	+17.6%	12 M €		–
EBITDA	2,3 M €	+1.7%	2,3 M €	+49.0%	1,5 M €	-10.4%	1,7 M €	-29.7%	2,4 M €	+72.9%	1,4 M €	-26.5%	1,9 M €	+27.4%	1,5 M €	+19.9%	1,3 M €	-11.8%	1,4 M €	-18.6%	1,7 M €	-16.0%	2,1 M €	+23.6%	1,7 M €	-11.1%	1,9 M €	+6.3%	1,8 M €	+28.0%	1,4 M €	+25.3%	1,1 M €	+2.4%	1,1 M €	-5.6%	1,1 M €	+70.2%	674,1 k €
Operating result	1,9 M €	-2.0%	2 M €	+56.9%	1,3 M €	-15.2%	1,5 M €	-26.3%	2 M €	+100%	1 M €	-30.1%	1,4 M €	+51.4%	948,9 k €	+82.2%	520,8 k €	+16.7%	446,4 k €	-54.2%	975,4 k €	-32.8%	1,5 M €	+32.4%	1,1 M €	-11.8%	1,2 M €	+5.4%	1,2 M €	+43.3%	822,9 k €	+29.1%	637,4 k €	-1.9%	649,9 k €	-7.8%	705 k €	+203%	232,4 k €
Net result	1,2 M €	+4.6%	1,1 M €	+43.2%	775,1 k €	-20.9%	979,8 k €	-30.5%	1,4 M €	+159%	545,4 k €	-37.2%	868,3 k €	+82.2%	476,5 k €	+153%	188 k €	+18.2%	159 k €	-74.0%	611,7 k €	-31.0%	886,1 k €	+24.7%	710,8 k €	-23.7%	931,4 k €	+27.1%	732,9 k €	+46.5%	500,2 k €	+39.4%	358,9 k €	-10.3%	399,9 k €	+2.0%	392 k €	+198%	131,3 k €
Balance sheet
Equity	9,6 M €	+4.7%	9,1 M €	+1.8%	9 M €	-7.5%	9,7 M €	+3.5%	9,4 M €	+9.5%	8,6 M €	+6.8%	8 M €	+12.1%	7,2 M €	+7.1%	6,7 M €	+2.9%	6,5 M €	+2.5%	6,3 M €	+10.7%	5,7 M €	+18.3%	4,8 M €	+17.2%	4,1 M €	+29.2%	3,2 M €	+29.8%	2,5 M €	+27.9%	1,9 M €	+23.0%	1,6 M €	+34.4%	1,2 M €	+49.4%	778,5 k €
Total assets	26,9 M €	+15.5%	23,3 M €	-2.4%	23,9 M €	+34.3%	17,8 M €	-17.5%	21,5 M €	+19.1%	18,1 M €	-10.3%	20,2 M €	+5.9%	19 M €	-6.0%	20,3 M €	+5.4%	19,2 M €	+9.2%	17,6 M €	+10.6%	15,9 M €	+39.6%	11,4 M €	+12.2%	10,2 M €	+17.8%	8,6 M €	+11.4%	7,7 M €	-13.6%	9 M €	+47.3%	6,1 M €	-5.6%	6,5 M €	+18.9%	5,4 M €
Cash	419,7 k €	-10.1%	466,8 k €	+3.6%	450,6 k €	+10.5%	407,9 k €	-19.3%	505,5 k €	+647%	67,6 k €	+616%	9,4 k €	-79.2%	45,4 k €	-54.9%	100,6 k €	+2871%	3,4 k €	+12.2%	3 k €	-77.3%	13,3 k €	-39.4%	21,9 k €	-66.8%	66,1 k €	+5979%	1,1 k €	-57.9%	2,6 k €	-97.4%	98,9 k €	+159%	38,2 k €	-56.6%	88 k €	+0.6%	87,5 k €
Debts	16,8 M €	+23.1%	13,6 M €	-5.0%	14,3 M €	+91.3%	7,5 M €	-35.4%	11,6 M €	+26.9%	9,2 M €	-22.0%	11,7 M €	+2.3%	11,5 M €	-13.0%	13,2 M €	+6.4%	12,4 M €	+13.2%	10,9 M €	+10.8%	9,9 M €	+57.7%	6,3 M €	+9.2%	5,7 M €	+11.7%	5,1 M €	+2.7%	5 M €	-26.6%	6,8 M €	+56.0%	4,4 M €	-17.3%	5,3 M €	+13.7%	4,6 M €
Other
Workforce	16,3 ETP	+10.1%	14,8 ETP	+11.3%	13,3 ETP	-7.0%	14,3 ETP	+14.4%	12,5 ETP	+2.5%	12,2 ETP	-5.4%	12,9 ETP	+2.4%	12,6 ETP	+8.6%	11,6 ETP	+5.5%	11,0 ETP	+12.2%	9,8 ETP	+3.2%	9,5 ETP	-7.8%	10,3 ETP	+8.4%	9,5 ETP	+13.1%	8,4 ETP	+7.7%	7,8 ETP	+11.4%	7,0 ETP	-7.9%	7,6 ETP	-1.3%	7,7 ETP	+18.5%	6,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 15 ended

Active mandates

Depatrac

Director · 0760.427.342

Represented by Thomas DEPAUW

Active

Ended mandates

Depatrac

Director · since 27 mai 2021 · 0760.427.342

Represented by Thomas DEPAUW

Ended

Depatrac

Managing director · since 27 mai 2021 · 0760.427.342

Represented by Thomas DEPAUW

Ended

Luc Depauw

Managing director · since 01 avril 2015 · until 01 mars 2020

Ended

Thomas Depauw

Director · since 01 avril 2015 · until 07 mars 2020

Ended

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/01/2026	22/01/2025	31/01/2024	14/02/2023	04/03/2022	29/03/2021
General meeting	08/01/2026	09/01/2025	17/01/2024	10/02/2023	02/03/2022	09/03/2021
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	30/09/2025	08/01/2026	16/01/2026	Dutch	PDF
Full model	30/09/2024	09/01/2025	22/01/2025	Dutch	PDF
Full model	30/09/2023	17/01/2024	31/01/2024	Dutch	PDF
Full model	30/09/2022	10/02/2023	14/02/2023	Dutch	PDF
Full model	30/09/2021	02/03/2022	04/03/2022	Dutch	PDF
Full model	30/09/2020	09/03/2021	29/03/2021	Dutch	PDF
Full model	30/09/2019	07/03/2020	08/04/2020	Dutch	PDF
Full model	30/09/2018	02/03/2019	29/04/2019	Dutch	PDF
Full model	30/09/2017	03/03/2018	27/04/2018	Dutch	PDF
Full model	30/09/2016	04/03/2017	31/03/2017	Dutch	PDF
Full model	30/09/2015	05/03/2016	31/03/2016	Dutch	PDF
Full model	30/09/2014	07/03/2015	27/04/2015	Dutch	PDF
Full model	30/09/2013	01/03/2014	05/05/2014	Dutch	PDF
Full model	30/09/2012	02/03/2013	29/04/2013	Dutch	PDF
Full model	30/09/2011	03/03/2012	27/04/2012	Dutch	PDF
Full model	30/09/2010	05/03/2011	21/03/2011	Dutch	PDF
Full model	30/09/2009	06/03/2010	09/03/2010	Dutch	PDF
Full model	30/09/2008	07/03/2009	30/04/2009	Dutch	PDF
Full model	30/09/2007	01/03/2008	19/05/2008	Dutch	PDF
Abridged model	30/09/2006	03/03/2007	26/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/09/2025 · 1 active · 15 ended

Active mandates

Depatrac

Director · 0760.427.342

Represented by Thomas DEPAUW

Active

Ended mandates

Depatrac

Director · since 27 mai 2021 · 0760.427.342

Represented by Thomas DEPAUW

Ended

Depatrac

Managing director · since 27 mai 2021 · 0760.427.342

Represented by Thomas DEPAUW

Ended

Luc Depauw

Managing director · since 01 avril 2015 · until 01 mars 2020

Ended

Thomas Depauw

Director · since 01 avril 2015 · until 07 mars 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other05/07/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/05/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/07/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2009
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 20251,2 M €↑
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023775,1 k €↓
2022
Annual accounts 2022979,8 k €↓
2021
Annual accounts 20211,4 M €↑
2020
Annual accounts 2020545,4 k €↓
2019
Annual accounts 2019868,3 k €↑
2018
Annual accounts 2018476,5 k €↑
2017
Annual accounts 2017188 k €↑
2016
Annual accounts 2016159 k €↓
2015
Annual accounts 2015611,7 k €↓
2014
Annual accounts 2014886,1 k €↑
2013
Annual accounts 2013710,8 k €↓
2012
Annual accounts 2012931,4 k €↑
2011
Annual accounts 2011732,9 k €↑
2010
Annual accounts 2010500,2 k €↑
2009
Annual accounts 2009358,9 k €↓
2008
Annual accounts 2008399,9 k €↑
2007
Annual accounts 2007392 k €↑
2006
Annual accounts 2006131,3 k €
17/05/1995
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

WESTTRAC

Overview

What does WESTTRAC do?

Trend over 20 financial years

Indicative valuation

Board of directors

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