ACTIVE

West-Decor

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Financial year 2025 · closed on 31/12/2025

Net result

71,1 k €

+38.0% YoY

Gross margin

308,9 k €

+8.0% YoY

Equity

525,5 k €

+15.6% YoY

Workforce

2,4 ETP

-4.0% YoY

What does West-Decor do?

West-Decor is a Private limited company incorporated in 2000. Its main activity is: Painting and glazing. Its registered office is in Evergem. It employs on average 2,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.786.512

Incorporation

19/09/2000

Legal form

Private limited company

Registered office

Reibroekstraat 140
9940 Evergem · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

2,4 ETP

Activities (NACE)

43341Painting and glazing· main 43341Painting and glazing 45441Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	308,9 k €	+8.0%	286 k €	+35.9%	210,5 k €	-31.5%	307,3 k €	+33.1%	230,9 k €	+71.6%	134,5 k €	+1.9%	132 k €	+26.8%	104 k €	-32.0%	152,9 k €	-0.3%	153,4 k €	+30.5%	117,6 k €	-1.0%	118,7 k €	+5.9%	112,1 k €	+49.8%	74,8 k €	+73.4%	43,2 k €	+34.8%	32 k €	+24.2%	25,8 k €	-30.0%	36,8 k €	+61.5%	22,8 k €	-98.3%	1,3 M €
EBITDA	160,3 k €	+17.2%	136,8 k €	+61.3%	84,8 k €	-57.5%	199,7 k €	+60.7%	124,3 k €	+104%	60,9 k €	-6.6%	65,2 k €	+29.1%	50,5 k €	-37.4%	80,7 k €	-23.5%	105,5 k €	+53.2%	68,8 k €	-7.8%	74,7 k €	+48.5%	50,3 k €	+147%	20,3 k €	-39.2%	33,4 k €	+39.2%	24 k €	-5.1%	25,3 k €	-30.3%	36,3 k €	+61.9%	22,4 k €	-98.3%	1,3 M €
Operating result	120,2 k €	+28.0%	93,9 k €	+97.0%	47,7 k €	-72.3%	171,8 k €	+77.5%	96,8 k €	+182%	34,3 k €	-28.7%	48,1 k €	+44.0%	33,4 k €	-37.2%	53,3 k €	-31.5%	77,7 k €	+91.5%	40,6 k €	-35.8%	63,3 k €	+61.3%	39,2 k €	+246%	11,3 k €	-33.6%	17,1 k €	+110%	8,1 k €	-15.1%	9,6 k €	-52.9%	20,3 k €	+156%	7,9 k €	-99.0%	827 k €
Net result	71,1 k €	+38.0%	51,5 k €	+135%	21,9 k €	-81.1%	116 k €	+78.4%	65 k €	+234%	19,5 k €	-35.3%	30,1 k €	+57.4%	19,1 k €	-36.6%	30,2 k €	-32.9%	45 k €	+95.6%	23 k €	-46.4%	42,9 k €	+26.9%	33,8 k €	+464%	6 k €	-57.7%	14,2 k €	+988%	1,3 k €	-67.2%	4 k €	-66.4%	11,8 k €	+102%	5,8 k €	-99.3%	881,7 k €
Balance sheet
Equity	525,5 k €	+15.6%	454,4 k €	+8.7%	417,9 k €	-1.9%	426 k €	+21.7%	350 k €	+22.8%	285 k €	+7.3%	265,5 k €	+12.8%	235,3 k €	+8.9%	216,2 k €	+16.2%	186 k €	+31.9%	141 k €	+19.5%	118 k €	-12.7%	135,1 k €	+33.4%	101,3 k €	+6.3%	95,3 k €	-0.8%	96,1 k €	+1.4%	94,8 k €	+4.4%	90,8 k €	+15.0%	79 k €	-98.9%	7,3 M €
Total assets	1,2 M €	-1.4%	1,2 M €	+8.2%	1,1 M €	+50.9%	740,6 k €	+14.0%	649,8 k €	+10.3%	589,1 k €	-1.7%	599,2 k €	+18.3%	506,3 k €	+0.2%	505,2 k €	+0.3%	503,5 k €	+9.4%	460,5 k €	+61.1%	285,9 k €	+21.9%	234,4 k €	+20.2%	195 k €	-1.6%	198,2 k €	+0.5%	197,1 k €	-5.8%	209,3 k €	-5.2%	220,7 k €	+14.3%	193,1 k €	-97.9%	9,2 M €
Cash	142,8 k €	+932%	13,8 k €	-94.2%	239,3 k €	-39.0%	392,3 k €	+111%	186 k €	+7.4%	173,2 k €	+2.0%	169,7 k €	-6.8%	182,2 k €	-6.6%	195 k €	+39.1%	140,2 k €	+23.2%	113,8 k €	-29.2%	160,7 k €	+15.9%	138,7 k €	+65.2%	84 k €	+194%	28,5 k €	-28.4%	39,8 k €	+13.3%	35,1 k €	-34.3%	53,5 k €	+25.7%	42,5 k €	-97.0%	1,4 M €
Debts	653,9 k €	-5.1%	689,3 k €	+0.2%	688,1 k €	+125%	306,5 k €	+9.0%	281 k €	-3.6%	291,4 k €	-5.9%	309,8 k €	+17.6%	263,4 k €	-5.9%	280 k €	-8.7%	306,7 k €	-2.2%	313,7 k €	+90.8%	164,4 k €	+77.1%	92,8 k €	+2.8%	90,3 k €	-12.3%	102,9 k €	+3.1%	99,8 k €	-8.8%	109,4 k €	-15.3%	129,3 k €	+18.8%	108,8 k €	-94.0%	1,8 M €
Other
Workforce	2,4 ETP	-4.0%	2,5 ETP	+25.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+53.8%	1,3 ETP	0.0%	1,3 ETP	-18.8%	1,6 ETP	+60.0%	1,0 ETP	0.0%	1,0 ETP	-37.5%	1,6 ETP	-15.8%	1,9 ETP	+26.7%	1,5 ETP	+400%	0,3 ETP	-25.0%	0,4 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

ANNEKE HUYS

Mandate

Active

DIMITRI WEST

Mandate

Active

Ended mandates

ANNIE DHAESE

Associate

Ended

CHRISTIAAN WEST

Manager

Ended

CHRISTIAN WEST

Manager

Ended

DIMITRI WEST

Associate

Ended

Annual accounts

Full financial information

	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	12/08/2026	07/08/2025	14/08/2024	27/07/2023	29/06/2022	30/06/2021
General meeting	15/07/2026	15/07/2025	15/07/2024	30/06/2023	31/05/2022	31/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/07/2026	12/08/2026	Dutch	PDF
Abridged model	31/12/2024	15/07/2025	07/08/2025	Dutch	PDF
Abridged model	31/12/2023	15/07/2024	14/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	31/05/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	08/07/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	03/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	31/03/2012	27/04/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	11/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 2 active · 4 ended

Active mandates

ANNEKE HUYS

Mandate

Active

DIMITRI WEST

Mandate

Active

Ended mandates

ANNIE DHAESE

Associate

Ended

CHRISTIAAN WEST

Manager

Ended

CHRISTIAN WEST

Manager

Ended

DIMITRI WEST

Associate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/09/2020
WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates25/06/2012
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202571,1 k €↑
2024
Annual accounts 202451,5 k €↑
2023
Annual accounts 202321,9 k €↓
2022
Annual accounts 2022116 k €↑
2021
Annual accounts 202165 k €↑
2020
Annual accounts 202019,5 k €↓
2019
Annual accounts 201930,1 k €↑
2018
Annual accounts 201819,1 k €↓
2017
Annual accounts 201730,2 k €↓
2016
Annual accounts 201645 k €↑
2015
Annual accounts 201523 k €↓
2014
Annual accounts 201442,9 k €↑
2013
Annual accounts 201333,8 k €↑
2012
Annual accounts 20126 k €↓
2011
Annual accounts 201114,2 k €↑
2010
Annual accounts 20101,3 k €↓
2009
Annual accounts 20094 k €↓
2008
Annual accounts 200811,8 k €↑
2007
Annual accounts 20075,8 k €↓
2006
Annual accounts 2006881,7 k €
19/09/2000
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-Decor

Overview

What does West-Decor do?

Trend over 20 financial years

Indicative valuation

Board of directors

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