ACTIVE

WEST PROJECTS

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Financial year 2025 · closed on 30/09/2025

Net result

-73,3 k €

-58.6% YoY

Gross margin

-24,4 k €

-20.2% YoY

Equity

23,2 k €

-75.9% YoY

What does WEST PROJECTS do?

WEST PROJECTS is a Private limited company incorporated in 1996. Its main activity is: Development of building projects. Its registered office is in Wervik.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.422.088

Incorporation

11/12/1996

Legal form

Private limited company

Registered office

Akademiestraat 16 box 301
8940 Wervik · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 41001Construction of buildings 41002Construction of buildings 41003Construction of buildings 41102Development of building projects+4

Signals

Good liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-24,4 k €	-20.2%	-20,3 k €	+3.6%	-21,1 k €	+56.4%	-48,3 k €	-476%	-8,4 k €	-107%	121,3 k €	+1821%	6,3 k €	-97.5%	250,2 k €		–		–		–		–		–		–		171,1 k €	+78.9%	95,7 k €	-13.9%	111,2 k €	+34.0%	83 k €
EBITDA	-33,1 k €	-56.6%	-21,1 k €	+13.9%	-24,5 k €	+53.6%	-52,8 k €	-294%	-13,4 k €	-115%	89,3 k €	+1367%	6,1 k €	-97.6%	248,5 k €	+81.6%	136,8 k €	-9.1%	150,5 k €	+54.3%	97,5 k €	+26.8%	77 k €	-37.8%	123,7 k €	+42.2%	86,9 k €	-48.1%	167,5 k €	+80.7%	92,7 k €	-16.0%	110,4 k €	+34.4%	82,1 k €
Operating result	-33,1 k €	-49.0%	-22,2 k €	+23.3%	-28,9 k €	+49.7%	-57,6 k €	-194%	-19,6 k €	-125%	79,6 k €	+6558%	1,2 k €	-96.0%	29,9 k €	+250%	-19,9 k €	-172%	27,5 k €	+192%	-29,7 k €	-890%	-3 k €	-112%	24,7 k €	+19.4%	20,7 k €	-45.8%	38,2 k €	+3856%	964,8 €	-96.0%	24,1 k €	+480%	4,2 k €
Net result	-73,3 k €	-58.6%	-46,2 k €	-22.4%	-37,8 k €	+34.7%	-57,8 k €	-172%	-21,3 k €	-150%	42,8 k €	+1539%	2,6 k €	-90.0%	26 k €	+233%	-19,6 k €	-232%	14,9 k €	+330%	-6,5 k €	+58.0%	-15,4 k €	-180%	19,2 k €	+90.1%	10,1 k €	-63.8%	28 k €	+921%	2,7 k €	-83.8%	16,9 k €	+306%	4,2 k €
Balance sheet
Equity	23,2 k €	-75.9%	96,5 k €	-32.4%	142,7 k €	-20.9%	180,5 k €	-24.3%	238,3 k €	-8.2%	259,5 k €	+19.8%	216,7 k €	+1.2%	214,1 k €	+2.9%	208,1 k €	-8.6%	227,7 k €	+7.0%	212,8 k €	-3.0%	219,3 k €	-6.6%	234,7 k €	+8.9%	215,4 k €	+4.9%	205,3 k €	+15.8%	177,3 k €	+1.6%	174,6 k €	+10.7%	157,7 k €
Total assets	1,1 M €	-6.0%	1,2 M €	-19.6%	1,5 M €	+74.3%	856,6 k €	+113%	402,7 k €	-2.9%	414,6 k €	+51.0%	274,6 k €	-4.0%	286,1 k €	-54.2%	624,2 k €	+4.8%	595,8 k €	+54.6%	385,3 k €	-28.5%	539,1 k €	+32.5%	407 k €	+36.2%	298,8 k €	-23.8%	392,4 k €	+5.8%	370,9 k €	-1.8%	377,6 k €	+70.5%	221,4 k €
Cash	104,4 k €	+217%	32,9 k €	-0.6%	33,2 k €	-62.1%	87,4 k €	+396%	17,6 k €	-88.7%	156,2 k €	+520413%	30 €	-99.7%	10 k €	-62.5%	26,7 k €	+115%	12,4 k €	-37.7%	19,9 k €	+26.5%	15,8 k €	+61.9%	9,7 k €	+16.4%	8,4 k €	-88.8%	74,5 k €	+776%	8,5 k €	-67.4%	26,1 k €	-81.4%	140,6 k €
Debts	1,1 M €	+0.2%	1,1 M €	-18.3%	1,4 M €	+99.8%	676,1 k €	+311%	164,4 k €	+6.1%	155 k €	+168%	57,9 k €	-19.6%	72 k €	-82.7%	416,1 k €	+13.1%	368,1 k €	+113%	172,4 k €	-46.1%	319,8 k €	+85.8%	172,1 k €	+107%	83,3 k €	-55.5%	187,1 k €	-3.4%	193,6 k €	-4.6%	203 k €	+219%	63,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 6 ended

Active mandates

DE LEIE OEVER

Director · since 13 mars 2024 · 1007.081.318

Represented by Marc Goemaere

Active

Ended mandates

MARC GOEMAERE PROFESSIONAL

Manager · since 01 juillet 2008 · 0898.732.615

Represented by Marc Goemaere

Ended

MAVEGO

Manager · since 30 janvier 2003 · until 30 juin 2008 · 0443.834.485

Represented by Marc Goemaere

Ended

MAVEGO

Manager · since 30 janvier 2003 · 0443.834.485

Represented by Marc haar vaste vertegenwoordiger de heer GOEMAERE

Ended

MARC GOEMAERE PROFESSIONAL

Director · 0898.732.615

Represented by Marc GOEMAERE

Ended

At this address

Other companies at this address

Company	CBE no.
MARC GOEMAERE PROFESSIONAL● Active	0898.732.615

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/01/2019
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	21 months
Filing date	20/04/2026	28/03/2025	06/03/2024	28/04/2023	25/04/2022	24/03/2021
General meeting	13/03/2026	28/02/2025	23/02/2024	31/03/2023	31/03/2022	26/02/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	13/03/2026	20/04/2026	Dutch	PDF
Micro model	30/09/2024	28/02/2025	28/03/2025	Dutch	PDF
Micro model	30/09/2023	23/02/2024	06/03/2024	Dutch	PDF
Micro model	30/09/2022	31/03/2023	28/04/2023	Dutch	PDF
Micro model	30/09/2021	31/03/2022	25/04/2022	Dutch	PDF
Abridged model	30/09/2020	26/02/2021	24/03/2021	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	12/02/2020	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	14/02/2019	Dutch	PDF
Full model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Full model	31/12/2015	22/03/2016	19/04/2016	Dutch	PDF
Full model	31/12/2014	26/06/2015	02/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	02/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	11/07/2013	Dutch	PDF
Full model	30/09/2011	29/03/2012	10/04/2012	Dutch	PDF
Abridged model	30/09/2010	10/03/2011	29/03/2011	Dutch	PDF
Abridged model	30/09/2009	11/03/2010	30/03/2010	Dutch	PDF
Abridged model	30/09/2008	12/03/2009	09/04/2009	Dutch	PDF
Abridged model	30/09/2007	13/03/2008	31/03/2008	Dutch	PDF
Abridged model	30/09/2006	08/03/2007	23/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/09/2025 · 1 active · 6 ended

Active mandates

DE LEIE OEVER

Director · since 13 mars 2024 · 1007.081.318

Represented by Marc Goemaere

Active

Ended mandates

MARC GOEMAERE PROFESSIONAL

Manager · since 01 juillet 2008 · 0898.732.615

Represented by Marc Goemaere

Ended

MAVEGO

Manager · since 30 janvier 2003 · until 30 juin 2008 · 0443.834.485

Represented by Marc Goemaere

Ended

MAVEGO

Manager · since 30 janvier 2003 · 0443.834.485

Represented by Marc haar vaste vertegenwoordiger de heer GOEMAERE

Ended

MARC GOEMAERE PROFESSIONAL

Director · 0898.732.615

Represented by Marc GOEMAERE

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office27/06/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office18/09/2019
MAATSCHAPPELIJKE ZETEL
PDF
Registered office15/04/2016
MAATSCHAPPELIJKE ZETEL - DOEL
PDF
Other16/10/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/08/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/02/2003
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
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 2025-73,3 k €↓
2024
Annual accounts 2024-46,2 k €↓
2023
Annual accounts 2023-37,8 k €↑
2022
Annual accounts 2022-57,8 k €↓
2021
Annual accounts 2021-21,3 k €↓
2020
Annual accounts 202042,8 k €↑
2018
Annual accounts 20182,6 k €↓
2018
Name changeWEST PROJECTS
2017
Annual accounts 201726 k €↑
2016
Annual accounts 2016-19,6 k €↓
2015
Annual accounts 201514,9 k €↑
2014
Annual accounts 2014-6,5 k €↑
2013
Annual accounts 2013-15,4 k €↓
2012
Annual accounts 201219,2 k €↑
2011
Annual accounts 201110,1 k €↓
2010
Annual accounts 201028 k €↑
2009
Annual accounts 20092,7 k €↓
2008
Annual accounts 200816,9 k €↑
2007
Annual accounts 20074,2 k €
2007
Name changeWESTHUUR
11/12/1996
IncorporationPrivate 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

WEST PROJECTS

Overview

What does WEST PROJECTS do?

Trend over 18 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