ACTIVE

WESTFALEN

Financial year 2025 · Closed on 31/12/2025

Net result
1 M €
+23,8 %over 1 year
Revenue
25 M €
+2,6 %over 1 year
Equity
5,8 M €
+21,0 %over 1 year
Workforce
20,3 ETP
0,0 %over 1 year

Identity

Source · BCE/KBO

WESTFALEN is a Private limited company incorporated in 1999. Its main activity is: Wholesale of chemical products. Its registered office is in Aalst. It employs on average 20,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.720.853
Incorporation
26/03/1999
Legal form
Private limited company
Registered office
Watermolenstraat 11
9320 Aalst · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Average workforce
20,3 ETP
Joint committees (1)
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue25 M €24,3 M €22 M €18,4 M €15,6 M €
EBITDA1,4 M €1,3 M €766,7 k €845,4 k €507,7 k €
Operating result1,3 M €1,1 M €668 k €685,9 k €478,2 k €
Net result1 M €818,7 k €494,6 k €527,4 k €372,4 k €
Balance sheet
Equity5,8 M €4,8 M €4 M €3,5 M €3 M €
Total assets8,8 M €8,4 M €8 M €7,4 M €6,3 M €
Cash739 k €550,3 k €493,8 k €461,2 k €224,3 k €
Debts2,3 M €3 M €3,3 M €3,2 M €2,6 M €
Other
Workforce20,3 ETP20,3 ETP21,8 ETP21,3 ETP23,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

Rudiger Freiherr von Stechow

Director · since 22 juin 2020

Active
Antoine De Boo

Director · since 01 juillet 2014

Active

Ended mandates

Torsten Jagdt

Manager · since 20 juin 2018 · until 12 juillet 2019

Ended
Torsten Jagdt

Manager · since 20 juin 2018

Ended
Antoine De Boo

Manager · since 01 juillet 2014

Ended
Luc Smits

Manager · since 13 juillet 2001 · until 30 juin 2014

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull 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 date10/06/202626/06/202503/06/202429/06/202330/06/202215/07/2021
General meeting09/06/202618/06/202528/05/202421/06/202315/06/202216/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/06/202610/06/2026DutchPDF
Full model31/12/202418/06/202526/06/2025DutchPDF
Full model31/12/202328/05/202403/06/2024DutchPDF
Full model31/12/202221/06/202329/06/2023DutchPDF
Full model31/12/202115/06/202230/06/2022DutchPDF
Full model31/12/202016/06/202115/07/2021DutchPDF
Full model31/12/201922/06/202013/07/2020DutchPDF
Full model31/12/201812/06/201911/07/2019DutchPDF
Full model31/12/201720/06/201816/07/2018DutchPDF
Full model31/12/201621/06/201722/06/2017DutchPDF
Full model31/12/201519/05/201607/06/2016DutchPDF
Full model31/12/201417/06/201526/06/2015DutchPDF
Full model31/12/201306/05/201406/06/2014DutchPDF
Full model31/12/201226/04/201305/08/2013DutchPDF
Full model31/12/201127/04/201223/07/2012DutchPDF
Full model31/12/201027/05/201116/06/2011DutchPDF
Full model31/12/200928/05/201016/06/2010DutchPDF
Full model31/12/200829/05/200907/07/2009DutchPDF
Full model31/12/200702/06/200813/06/2008DutchPDF
Full model31/12/200601/06/200721/08/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

Rudiger Freiherr von Stechow

Director · since 22 juin 2020

Active
Antoine De Boo

Director · since 01 juillet 2014

Active

Ended mandates

Torsten Jagdt

Manager · since 20 juin 2018 · until 12 juillet 2019

Ended
Torsten Jagdt

Manager · since 20 juin 2018

Ended
Antoine De Boo

Manager · since 01 juillet 2014

Ended
Luc Smits

Manager · since 13 juillet 2001 · until 30 juin 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/01/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates06/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

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 20251 M €↑
  2. 2024
    Annual accounts 2024818,7 k €↑
  3. 2023
    Annual accounts 2023494,6 k €↓
  4. 2022
    Annual accounts 2022527,4 k €↑
  5. 2021
    Annual accounts 2021372,4 k €↓
  6. 2020
    Annual accounts 2020562,1 k €↑
  7. 2019
    Annual accounts 2019544 k €↓
  8. 2018
    Annual accounts 2018634,2 k €↑
  9. 2017
    Annual accounts 201756,8 k €↓
  10. 2016
    Annual accounts 2016919,7 k €↑
  11. 2015
    Annual accounts 2015327,9 k €↓
  12. 2014
    Annual accounts 2014
  13. 2013
    Annual accounts 2013635,4 k €↓
  14. 2012
    Annual accounts 2012814,9 k €↑
  15. 2011
    Annual accounts 2011181,9 k €↓
  16. 2010
    Annual accounts 2010432,3 k €↓
  17. 2009
    Annual accounts 2009703,8 k €↑
  18. 2008
    Annual accounts 2008514,9 k €↑
  19. 2007
    Annual accounts 2007361 k €
  20. 26/03/1999
    IncorporationPrivate limited company