ACTIVE

WESTPAILLE

Financial year 2025 · closed on 31/12/2025
Net result
58 k €
-51.6% YoY
Revenue
1,8 M €
+72.6% YoY
Equity
660,1 k €
-6.0% YoY
Workforce
4,8 ETP
-9.4% YoY

What does WESTPAILLE do?

WESTPAILLE is a Private limited company incorporated in 2002. Its main activity is: Freight transport by road. Its registered office is in Oudenburg. It employs on average 4,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.048.572
Incorporation
18/03/2002
Legal form
Private limited company
Registered office
Gistelsesteenweg 160
8460 Oudenburg · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
4,8 ETP
Joint committees (1)
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue1,8 M €1,1 M €
EBITDA134,6 k €186,3 k €236,3 k €236,1 k €249,6 k €321,8 k €300,3 k €313,7 k €266,8 k €198,5 k €255,5 k €97,4 k €147,2 k €151,2 k €104,4 k €62,5 k €129,6 k €174,2 k €133,9 k €154,3 k €
Operating result78 k €160,3 k €169,7 k €168,3 k €174,2 k €230,2 k €214 k €226,1 k €139,7 k €92,6 k €168,1 k €-7,6 k €72,9 k €83,4 k €28,1 k €10,4 k €71,1 k €128,7 k €76,7 k €56,7 k €
Net result58 k €119,9 k €159,2 k €158,1 k €161,7 k €199,3 k €180,4 k €206,4 k €114,7 k €79,1 k €129,6 k €67,2 k €52,6 k €58,2 k €21,8 k €7,8 k €51,1 k €84,9 k €50,9 k €38,6 k €
Balance sheet
Equity660,1 k €702,1 k €833,3 k €804,1 k €775,9 k €744,2 k €659,9 k €544,5 k €488,1 k €438,5 k €401,3 k €341,8 k €274,6 k €221,9 k €163,8 k €142 k €434,9 k €383,8 k €298,9 k €248 k €
Total assets1,1 M €982,7 k €1,2 M €1,2 M €1,1 M €1 M €969,7 k €1 M €1,1 M €1,1 M €959,8 k €1,1 M €820 k €749,5 k €642,3 k €571,7 k €696,6 k €613,2 k €549,9 k €559,2 k €
Cash196,5 k €84,4 k €268,1 k €196,9 k €126,6 k €9,9 k €27 k €97,8 k €298,5 k €367 k €509,6 k €462,2 k €339,4 k €397,4 k €217,2 k €192,9 k €253 k €197,8 k €46,7 k €27,4 k €
Debts409,6 k €280,6 k €396,4 k €351,3 k €335 k €264,2 k €309,8 k €465,9 k €564,3 k €667,4 k €548,6 k €727,4 k €545,4 k €527,6 k €478,5 k €429,7 k €261,7 k €229,4 k €251 k €299,3 k €
Other
Workforce4,8 ETP5,3 ETP5,3 ETP5,4 ETP5,9 ETP5,5 ETP5,4 ETP5,4 ETP5,5 ETP6,4 ETP6,0 ETP5,8 ETP5,5 ETP6,2 ETP5,9 ETP5,4 ETP5,3 ETP5,5 ETP5,1 ETP4,9 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 · 14 ended

Active mandates

CARIVARO

Director · since 03 décembre 2024 · 0633.553.124

Represented by Carla Vanhessche

Active
SHATAL

Director · since 03 décembre 2024 · 0476.699.768

Represented by Tom Mariën

Active
Roger Grauwet

Director · since 01 avril 2022 · until 01 septembre 2025

Active

Ended mandates

Roger Grauwet

Director · since 27 février 2022

Ended
CARIVARO

Manager · since 17 novembre 2015 · 0633.553.124

Represented by Carla Vanhessche

Ended
CARIVARO

Director · since 17 novembre 2015 · 0633.553.124

Represented by Vanhessche CARLA

Ended
CARIVARO

Manager · since 17 novembre 2015 · 0633.553.124

Represented by Carla Vanhessche

Ended
At this address

Other companies at this address

CompanyCBE no.
CARIVAROActive
0633.553.124
ROOSEActive
0459.875.218
Annual accounts

Full financial information

202520242024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/07/202401/07/202301/07/202201/07/202101/07/2020
Closing of the financial year31/12/202531/12/202430/06/202430/06/202330/06/202230/06/2021
Length of the financial year12 months6 months12 months12 months12 months12 months
Filing date01/07/202601/07/202520/12/202429/01/202422/12/202221/12/2021
General meeting18/06/202619/06/202502/12/202404/12/202305/12/202206/12/2021
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 model31/12/202518/06/202601/07/2026DutchPDF
Abridged model31/12/202419/06/202501/07/2025DutchPDF
Abridged model30/06/202402/12/202420/12/2024DutchPDF
Abridged model30/06/202304/12/202329/01/2024DutchPDF
Abridged model30/06/202205/12/202222/12/2022DutchPDF
Abridged model30/06/202106/12/202121/12/2021DutchPDF
Abridged model30/06/202007/12/202008/01/2021DutchPDF
Abridged model30/06/201902/12/201919/12/2019DutchPDF
Abridged model30/06/201803/12/201819/12/2018DutchPDF
Abridged model30/06/201704/12/201721/12/2017DutchPDF
Abridged model30/06/201605/12/201614/12/2016DutchPDF
Abridged model30/06/201507/12/201521/12/2015DutchPDF
Abridged model30/06/201401/12/201410/12/2014DutchPDF
Abridged model30/06/201302/12/201319/12/2013DutchPDF
Abridged model30/06/201203/12/201220/12/2012DutchPDF
Abridged model30/06/201105/12/201121/12/2011DutchPDF
Abridged model30/06/201006/12/201021/12/2010DutchPDF
Abridged model30/06/200907/12/200922/12/2009DutchPDF
Abridged model30/06/200801/12/200804/12/2008DutchPDF
Abridged model30/06/200703/12/200704/12/2007DutchPDF
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 · 14 ended

Active mandates

CARIVARO

Director · since 03 décembre 2024 · 0633.553.124

Represented by Carla Vanhessche

Active
SHATAL

Director · since 03 décembre 2024 · 0476.699.768

Represented by Tom Mariën

Active
Roger Grauwet

Director · since 01 avril 2022 · until 01 septembre 2025

Active

Ended mandates

Roger Grauwet

Director · since 27 février 2022

Ended
CARIVARO

Manager · since 17 novembre 2015 · 0633.553.124

Represented by Carla Vanhessche

Ended
CARIVARO

Director · since 17 novembre 2015 · 0633.553.124

Represented by Vanhessche CARLA

Ended
CARIVARO

Manager · since 17 novembre 2015 · 0633.553.124

Represented by Carla Vanhessche

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates11/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/09/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates20/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2015
    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

Timeline

  1. 2025
    Annual accounts 202558 k €
  2. 2024
    Annual accounts 2024119,9 k €
  3. 2024
    Annual accounts 2024159,2 k €
  4. 2023
    Annual accounts 2023158,1 k €
  5. 2022
    Annual accounts 2022161,7 k €
  6. 2021
    Annual accounts 2021199,3 k €
  7. 2020
    Annual accounts 2020180,4 k €
  8. 2019
    Annual accounts 2019206,4 k €
  9. 2018
    Annual accounts 2018114,7 k €
  10. 2017
    Annual accounts 201779,1 k €
  11. 2016
    Annual accounts 2016129,6 k €
  12. 2015
    Annual accounts 201567,2 k €
  13. 2014
    Annual accounts 201452,6 k €
  14. 2013
    Annual accounts 201358,2 k €
  15. 2012
    Annual accounts 201221,8 k €
  16. 2011
    Annual accounts 20117,8 k €
  17. 2010
    Annual accounts 201051,1 k €
  18. 2009
    Annual accounts 200984,9 k €
  19. 2008
    Annual accounts 200850,9 k €
  20. 2007
    Annual accounts 200738,6 k €
  21. 18/03/2002
    IncorporationPrivate limited company