ACTIVE

WESTHOEK

Financial year 2025 · closed on 31/12/2025
Net result
32,9 k €
-54.3% YoY
Gross margin
290,8 k €
-2.7% YoY
Equity
4,8 M €
+0.7% YoY
Workforce
1,0 ETP
0.0% YoY

What does WESTHOEK do?

WESTHOEK is a Public limited company incorporated in 1998. Its registered office is in Schoten. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.757.504
Incorporation
25/02/1998
Legal form
Public limited company
Registered office
Zaatstraat 28 box 1
2900 Schoten · FlandreSee on map
Contributed capital
655 600,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (3)
  • 200
  • 203
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202018201720162015201420132012201120102009200820072006
Income statement
Gross margin290,8 k €298,8 k €27,6 k €-42,0 k €-34,3 k €25,3 k €19,7 k €890,9 €
EBITDA153,8 k €172,0 k €1,0 M €1,0 M €425,0 k €25,5 k €71,9 k €18,9 k €71,3 k €104,0 k €16,8 k €94,6 k €-125,8 k €26,8 k €-42,8 k €-35,4 k €24,0 k €18,5 k €-267,7 €
Operating result119,3 k €143,9 k €978,2 k €1,0 M €407,7 k €10,4 k €61,7 k €9,1 k €61,4 k €99,0 k €10,1 k €90,4 k €-129,1 k €24,7 k €-44,5 k €-35,7 k €23,3 k €18,1 k €-2,4 k €
Net result32,9 k €72,0 k €722,5 k €764,4 k €291,2 k €-28,4 k €-21,4 k €-7,5 k €34,0 k €79,6 k €5,3 k €62,9 k €-134,2 k €23,9 k €-44,4 k €-32,0 k €17,1 k €13,5 k €-3,0 k €
Balance sheet
Equity4,8 M €4,7 M €4,7 M €3,9 M €3,0 M €2,7 M €510,5 k €531,9 k €539,4 k €505,4 k €425,8 k €420,5 k €357,6 k €41,8 k €17,9 k €62,3 k €94,3 k €77,2 k €63,7 k €
Total assets10,1 M €8,8 M €6,6 M €5,6 M €4,5 M €5,8 M €4,8 M €3,5 M €2,1 M €1,8 M €2,4 M €2,5 M €1,2 M €113,2 k €83,9 k €87,4 k €145,6 k €114,2 k €66,4 k €
Cash50,6 k €306,9 k €59,8 k €32,5 k €9,5 k €11,3 k €5,5 k €5,0 k €125,9 k €38,5 k €11,4 k €120,5 k €63,6 k €423,2 €143,4 €82,1 €1,0 k €3,6 k €
Debts5,3 M €4,0 M €1,9 M €1,6 M €1,5 M €3,1 M €4,3 M €3,0 M €1,5 M €1,3 M €2,0 M €2,1 M €873,3 k €71,0 k €65,6 k €24,8 k €51,3 k €36,5 k €2,7 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,3 ETP1,9 ETP2,5 ETP2,8 ETP3,5 ETP4,0 ETP3,3 ETP2,8 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 31 ended

Active mandates

Miroslaw Klimek

Director · since 19 juin 2024 · until 18 juin 2030

Active
VASTGOED MANAGEMENT EIGENDOMSBEHEER

Managing director · since 19 juin 2024 · until 18 juin 2030 · 0468.439.823

Represented by Steven Baerts

Active
Marcom

Managing director · since 19 juin 2018 · until 18 juin 2030 · 0807.854.701

Represented by Bruno Van Marcke

Active

Ended mandates

Marcom

Managing director · since 19 juin 2024 · until 18 juin 2030 · 0807.854.701

Represented by Bruno Van Marcke

Ended
Marcom

Mandate · since 19 juin 2018 · 0807.854.701

Represented by Bruno Van Marcke

Ended
Marcom

Managing director · since 19 juin 2018 · until 18 juin 2024 · 0807.854.701

Ended
Marcom

Managing director · since 19 juin 2018 · 0807.854.701

Represented by Bruno Van Marcke

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull 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 date29/07/202621/08/202523/08/202429/08/202325/02/202226/08/2021
General meeting30/06/202617/06/202518/06/202420/06/202307/02/202215/06/2021
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 model31/12/202530/06/202629/07/2026DutchPDF
Abridged model31/12/202417/06/202521/08/2025DutchPDF
Full model31/12/202318/06/202423/08/2024DutchPDF
Full model31/12/202220/06/202329/08/2023DutchPDF
Full model31/12/202107/02/202225/02/2022DutchPDF
Full model31/12/202015/06/202126/08/2021DutchPDF
Full model31/12/201916/06/202024/09/2020DutchPDF
Full model31/12/201818/06/201922/08/2019DutchPDF
Full model31/12/201719/06/201818/07/2018DutchPDF
Full model31/12/201620/06/201716/08/2017DutchPDF
Full model31/12/201521/06/201614/07/2016DutchPDF
Full model31/12/201416/06/201513/08/2015DutchPDF
Full model31/12/201317/06/201415/07/2014DutchPDF
Full model31/12/201218/06/201330/09/2013DutchPDF
Abridged model31/12/201119/06/201230/08/2012DutchPDF
Abridged model31/12/201021/06/201127/10/2011DutchPDF
Abridged model31/12/200915/06/201011/10/2010DutchPDF
Abridged model31/12/200816/06/200916/10/2009DutchPDF
Abridged model31/12/200717/06/200812/08/2008DutchPDF
Abridged model31/12/200619/06/200724/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 3 active · 31 ended

Active mandates

Miroslaw Klimek

Director · since 19 juin 2024 · until 18 juin 2030

Active
VASTGOED MANAGEMENT EIGENDOMSBEHEER

Managing director · since 19 juin 2024 · until 18 juin 2030 · 0468.439.823

Represented by Steven Baerts

Active
Marcom

Managing director · since 19 juin 2018 · until 18 juin 2030 · 0807.854.701

Represented by Bruno Van Marcke

Active

Ended mandates

Marcom

Managing director · since 19 juin 2024 · until 18 juin 2030 · 0807.854.701

Represented by Bruno Van Marcke

Ended
Marcom

Mandate · since 19 juin 2018 · 0807.854.701

Represented by Bruno Van Marcke

Ended
Marcom

Managing director · since 19 juin 2018 · until 18 juin 2024 · 0807.854.701

Ended
Marcom

Managing director · since 19 juin 2018 · 0807.854.701

Represented by Bruno Van Marcke

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/09/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Registered office30/06/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring23/05/2022
    BENAMING - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring10/03/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/06/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring15/04/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates02/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/09/2017
    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

Timeline

  1. 2025
    Annual accounts 202532,9 k €
  2. 2024
    Annual accounts 202472,0 k €
  3. 2023
    Annual accounts 2023722,5 k €
  4. 2022
    Annual accounts 2022764,4 k €
  5. 2021
    Annual accounts 2021291,2 k €
  6. 2020
    Annual accounts 2020-28,4 k €
  7. 2018
    Annual accounts 2018-21,4 k €
  8. 2017
    Annual accounts 2017-7,5 k €
  9. 2016
    Annual accounts 201634,0 k €
  10. 2015
    Annual accounts 201579,6 k €
  11. 2014
    Annual accounts 20145,3 k €
  12. 2013
    Annual accounts 201362,9 k €
  13. 2012
    Annual accounts 2012-134,2 k €
  14. 2011
    Annual accounts 201123,9 k €
  15. 2010
    Annual accounts 2010-44,4 k €
  16. 2009
    Annual accounts 2009-32,0 k €
  17. 2008
    Annual accounts 200817,1 k €
  18. 2007
    Annual accounts 200713,5 k €
  19. 2006
    Annual accounts 2006-3,0 k €
  20. 25/02/1998
    IncorporationPublic limited company