ACTIVE

WEST LOGISTICS

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €+118,0 %over 1 year

Gross margin1,2 M €-39,4 %over 1 year

Equity30,3 M €+2,4 %over 1 year

Workforce0,0 ETP-100,0 %over 1 year

Identity

Source · BCE/KBO

WEST LOGISTICS is a Public limited company incorporated in 1997. Its main activity is: Freight transport by road. Its registered office is in Laakdal.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0461.620.228
Incorporation: 08/10/1997
Legal form: Public limited company
Registered office: Kanaalweg 17
2430 Laakdal · FlandreSee on map
Contributed capital: 28 802 586,73 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

49410Freight transport by road· main 52241Cargo handling 52241Cargo handling 63111Data processing, hosting and related activities 52249Cargo handling 52249Cargo handling+4

Joint committees (3)

140
14003
226

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,2 M €	-39.4%	2 M €	-36.5%	3,2 M €	-4.0%	3,3 M €	-5.3%	3,5 M €
EBITDA	1,2 M €	+2341%	48,9 k €	-97.1%	1,7 M €	-7.7%	1,8 M €	-12.0%	2,1 M €
Operating result	1,2 M €	+2655%	43,3 k €	-97.4%	1,7 M €	-6.7%	1,8 M €	-9.2%	2 M €
Net result	1,3 M €	+118%	574,4 k €	+5.3%	545,7 k €	+298%	137,1 k €	-62.9%	369,8 k €
Balance sheet
Equity	30,3 M €	+2.4%	29,6 M €	+0.2%	29,5 M €	+1.4%	29,1 M €	+379%	6,1 M €
Total assets	30,4 M €	+2.2%	29,7 M €	-3.9%	30,9 M €	-49.8%	61,5 M €	+30.8%	47 M €
Cash	0 €	0.0%	0 €	0.0%	0 €	-100.0%	954,8 €	-13.2%	1,1 k €
Debts	57,8 k €	-47.3%	109,7 k €	-91.9%	1,3 M €	-95.8%	32,4 M €	-20.9%	40,9 M €
Other
Workforce	0,0 ETP	-100%	7,0 ETP	-77.8%	31,6 ETP	-6.5%	33,8 ETP	-1.2%	34,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alfons Moermans	Director20/04/2026 → 15/06/2027
ATFS0668.844.692Represented by Tom Berghmans	Director20/04/2026 → 15/06/2027
Ian Borgenon	Director20/04/2026 → 15/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ARTEMINO0892.226.586Represented by Danny Beyltiens	Director16/06/2021 → 2024 accounts
CALDAMO0878.601.947Represented by Dirk Callaerts	Director16/06/2021 → 2024 accounts

Other companies at this address

Kanaalweg 17 2430 Laakdal

Company	CBE no.
KATOEN NATIE KEMPEN● Active	0401.277.716
Langen Transport Belgium● Active	0698.601.027
Langen Transport Services● Active	0783.805.728
SPOELHAL● Active	0449.217.391

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	07/07/2026	01/07/2025	30/07/2024	21/08/2023	03/08/2022	30/07/2021
General meeting	16/06/2026	17/06/2025	18/06/2024	30/06/2023	21/06/2022	15/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/06/2026	07/07/2026	Dutch	PDF
Abridged model	31/12/2024	17/06/2025	01/07/2025	Dutch	PDF
Abridged model	31/12/2023	18/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	21/08/2023	Dutch	PDF
Abridged model	31/12/2021	21/06/2022	03/08/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	16/06/2020	12/08/2020	Dutch	PDF
Full model	31/12/2018	18/06/2019	05/08/2019	Dutch	PDF
Full model	31/12/2017	27/04/2018	18/05/2018	Dutch	PDF
Full model	31/12/2016	20/06/2017	28/08/2017	Dutch	PDF
Full model	31/12/2015	21/06/2016	24/08/2016	Dutch	PDF
Full model	31/12/2014	16/06/2015	10/08/2015	Dutch	PDF
Full model	31/12/2013	17/06/2014	18/08/2014	Dutch	PDF
Full model	31/12/2012	18/06/2013	23/08/2013	Dutch	PDF
Full model	31/12/2011	19/06/2012	10/08/2012	Dutch	PDF
Full model	31/12/2010	21/06/2011	09/08/2011	Dutch	PDF
Full model	31/12/2009	15/06/2010	03/08/2010	Dutch	PDF
Full model	30/12/2008	16/06/2009	25/08/2009	Dutch	PDF
Full model	30/12/2007	17/06/2008	30/07/2008	Dutch	PDF
Full model	30/12/2006	19/06/2007	29/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alfons Moermans	Director20/04/2026 → 15/06/2027
ATFS0668.844.692Represented by Tom Berghmans	Director20/04/2026 → 15/06/2027
Ian Borgenon	Director20/04/2026 → 15/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ARTEMINO0892.226.586Represented by Danny Beyltiens	Director16/06/2021 → 2024 accounts
CALDAMO0878.601.947Represented by Dirk Callaerts	Director16/06/2021 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other04/09/2026
MACHTEN '
PDF
Mandates04/06/2026
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates06/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/12/2020
KAPITAAL - AANDELEN
PDF
Mandates12/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/12/2019
KAPITAAL - AANDELEN - DIVERSEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

ATFS

Alfons Moermans

Ian Borgenon

LSnT

CALDAMO

ARTEMINO

ISABELLE VAN DE KEERE

MASCOT CONSULTING

F-ACTION

KEYMEULEN CONSULTING

Dirk Callaerts

Paul Demeyere

1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

WEST LOGISTICS

Kanaalweg 17, 2430 Vorst (Kempen)Ketenislaan (KAL)1 1548, 9130 Beveren-Kruibeke-ZwijndrechtKetenislaan(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht

Director

Manager

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kanaalweg 17, 2430 Vorst (Kempen)Current	accounts 2025	Accounts 2025 · 2026-00263408
Ketenislaan (KAL)1 1548, 9130 Beveren-Kruibeke-Zwijndrecht	accounts 2023 → 2024	Accounts 2024 · 2025-00220568
Ketenislaan(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht	accounts 2021 → 2022	Accounts 2022 · 2023-00342348

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
WEST LOGISTICSCurrent	accounts 2008 → 2025	Accounts 2025 · 2026-00263408

Events

20/04/2026
nominationATFS · bestuurder
20/04/2026
nominationAlfons Moermans · bestuurder
20/04/2026
nominationIan Borgenon · bestuurder
2025
Annual accounts 20251,3 M €↑
2024
Annual accounts 2024574,4 k €↑
2023
Annual accounts 2023545,7 k €↑
30/06/2023
reconductionRonald Van den Ecker · vaste vertegenwoordiger (commissaris)
2022
Annual accounts 2022137,1 k €↓
25/11/2022
augmentation_capital
2021
Annual accounts 2021369,8 k €↑
2020
Annual accounts 202023,7 k €↑
2019
Annual accounts 2019-260,2 k €↑
2018
Annual accounts 2018-1,5 M €↓
2016
Annual accounts 2016155,6 k €↓
2015
Annual accounts 2015991,4 k €↓
2014
Annual accounts 20142 M €↑
2013
Annual accounts 2013-1,4 M €↓
2012
Annual accounts 20122,8 M €↓
2011
Annual accounts 201114,7 M €↑
2010
Annual accounts 2010-1,9 M €↓
2009
Annual accounts 2009599,4 k €↓
2008
Annual accounts 20081,9 M €
08/10/1997
IncorporationPublic limited company

WEST LOGISTICS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events