ACTIVE

Bank- en verzekeringsagent WESTKUST

Financial year 2022 · Closed on 31/12/2022

Net result729,6 k €+26,6 %over 1 year
Gross margin3,5 M €+21,6 %over 1 year
Equity458 k €+10,4 %over 1 year
Workforce30,6 ETP+18,6 %over 1 year

Identity

Source · BCE/KBO

Bank- en verzekeringsagent WESTKUST is a Limited partnership incorporated in 1999. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Middelkerke. It employs on average 30,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0468.461.401
Incorporation
20/12/1999
Legal form
Limited partnership
Registered office
Kerkstraat 58
8430 Middelkerke · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/12/2022
Average workforce
30,6 ETP
Joint committees (3)
  • 100
  • 218
  • 34100
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 17 financial years

20222021202020192018
Income statement
Gross margin3,5 M €2,9 M €3 M €2,4 M €2,3 M €
EBITDA1,2 M €891,3 k €1 M €424 k €530,7 k €
Operating result1,1 M €808,5 k €982,8 k €343,9 k €477,5 k €
Net result729,6 k €576,4 k €658 k €181,3 k €285,1 k €
Balance sheet
Equity458 k €414,9 k €332,2 k €297,6 k €331 k €
Total assets2,2 M €2,3 M €1,7 M €1,3 M €1,2 M €
Cash7,1 k €344,1 k €144,3 k €56,7 k €14,8 k €
Debts1,7 M €1,9 M €1,3 M €953,9 k €873,6 k €
Other
Workforce30,6 ETP25,8 ETP26,8 ETP28,3 ETP27,5 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 31/12/2022

9 active · 51 ended

Active mandates

Virgile Demuynck

Manager · since 01 décembre 2022

Active
Marc Vanoverberghe

Manager · since 01 décembre 2020

Active
Matthias Van Belle

Manager · since 01 décembre 2020

Active
Joeri Lefèvre

Manager · since 01 septembre 2020

Active
Alexandre Van Hulle

Manager · since 01 janvier 2020 · until 09 juillet 2022

Active
Dimitri Vettenburg

Manager · since 01 janvier 2020

Active
Gino Rabaut

Manager · since 01 janvier 2020

Active
Peter Vervaet

Manager · since 01 janvier 2020

Active
Pieter Roels

Manager · since 01 janvier 2020

Active

Ended mandates

Alexandre Van Hulle

Manager · since 01 janvier 2020

Ended
Frank-Alexandre Van Hulle

Manager · since 01 janvier 2020

Ended
Frans Verfaillie

Manager · since 01 janvier 2020 · until 12 juillet 2020

Ended
Frans Verfaillie

Manager · since 01 janvier 2020

Ended

Other companies at this address

Kerkstraat 58 8430 Middelkerke

Full financial information

Source · NBB
202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202323/06/202205/07/202109/07/202025/06/201903/07/2018
General meeting20/06/202321/06/202215/06/202116/06/202018/06/201919/06/2018
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202220/06/202329/06/2023DutchPDF
Abridged model31/12/202121/06/202223/06/2022DutchPDF
Abridged model31/12/202015/06/202105/07/2021DutchPDF
Abridged model31/12/201916/06/202009/07/2020DutchPDF
Abridged model31/12/201818/06/201925/06/2019DutchPDF
Abridged model31/12/201719/06/201803/07/2018DutchPDF
Abridged model31/12/201620/06/201730/06/2017DutchPDF
Abridged model31/12/201521/06/201615/07/2016DutchPDF
Abridged model31/12/201416/06/201518/06/2015DutchPDF
Abridged model31/12/201313/06/201413/06/2014DutchPDF
Abridged model31/12/201214/06/201314/06/2013DutchPDF
Abridged model31/12/201108/06/201208/06/2012DutchPDF
Abridged model31/12/201010/06/201116/06/2011DutchPDF
Abridged model31/12/200911/06/201011/06/2010DutchPDF
Abridged model31/12/200825/06/200925/06/2009DutchPDF
Abridged model31/12/200726/06/200826/06/2008DutchPDF
Abridged model31/12/200628/06/200728/06/2007DutchPDF

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 31/12/2022

9 active · 51 ended

Active mandates

Virgile Demuynck

Manager · since 01 décembre 2022

Active
Marc Vanoverberghe

Manager · since 01 décembre 2020

Active
Matthias Van Belle

Manager · since 01 décembre 2020

Active
Joeri Lefèvre

Manager · since 01 septembre 2020

Active
Alexandre Van Hulle

Manager · since 01 janvier 2020 · until 09 juillet 2022

Active
Dimitri Vettenburg

Manager · since 01 janvier 2020

Active
Gino Rabaut

Manager · since 01 janvier 2020

Active
Peter Vervaet

Manager · since 01 janvier 2020

Active
Pieter Roels

Manager · since 01 janvier 2020

Active

Ended mandates

Alexandre Van Hulle

Manager · since 01 janvier 2020

Ended
Frank-Alexandre Van Hulle

Manager · since 01 janvier 2020

Ended
Frans Verfaillie

Manager · since 01 janvier 2020 · until 12 juillet 2020

Ended
Frans Verfaillie

Manager · since 01 janvier 2020

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/01/2020
    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. 2022
    Annual accounts 2022729,6 k €↑
  2. 2021
    Annual accounts 2021576,4 k €↓
  3. 2020
    Annual accounts 2020658 k €↑
  4. 2019
    Annual accounts 2019181,3 k €↓
  5. 2019
    Name changeBank- en Verzekeringsagent Westkust
  6. 2018
    Annual accounts 2018285,1 k €↑
  7. 2017
    Annual accounts 201768,6 k €↓
  8. 2017
    Name changeBELFIUS WESTKUST
  9. 2016
    Annual accounts 2016170,1 k €↑
  10. 2015
    Annual accounts 2015161,4 k €↓
  11. 2014
    Annual accounts 2014226 k €↑
  12. 2014
    Name changeBELFIUS REGIO MIDDELKERKE - KOEKELARE
  13. 2013
    Annual accounts 201312,4 k €↓
  14. 2012
    Annual accounts 201277,9 k €↓
  15. 2011
    Annual accounts 2011243,2 k €↑
  16. 2011
    Name changeBELFIUS REGIO TORHOUT-MIDDELKERKE
  17. 2010
    Annual accounts 201056,3 k €↑
  18. 2009
    Annual accounts 200950 k €↓
  19. 2009
    Name change"DEXIA REGIO TORHOUT - MIDDELKERKE"
  20. 2008
    Annual accounts 2008161,7 k €↑
  21. 2007
    Annual accounts 200739,2 k €↓
  22. 2006
    Annual accounts 200659,4 k €
  23. 2006
    Name changeDEXIA REGIO TORHOUT
  24. 20/12/1999
    IncorporationLimited partnership