ZUIDWEST
0479.946.991 · rovalta.com · 23/09/2026
ACTIVE
ZUIDWEST
Financial year 2025 · closed on 31/12/2025
Net result
67 k €
-49.6% YoY
Gross margin
435,3 k €
-2.9% YoY
Equity
824,8 k €
+8.8% YoY
Workforce
5,8 ETP
+26.1% YoY
Overview
What does ZUIDWEST do?
ZUIDWEST is a Project organization incorporated in 2002. Its main activity is: Operation of arts facilities. Its registered office is in Kortrijk. It employs on average 5,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0479.946.991
Incorporation
30/12/2002
Legal form
Project organization
Registered office
President Kennedypark(Kor) 10
8500 Kortrijk · FlandreSee on map
8500 Kortrijk · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
5,8 ETP
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 435,3 k € | -2.9% | 448,3 k € | -15.1% | 528,3 k € | +17.1% | 451,1 k € | +3.0% | 438 k € | +30.6% | 335,3 k € | +31.9% | 254,2 k € | +19.9% | 211,9 k € | -11.1% | 238,4 k € | -1.2% | 241,2 k € | +107% | 116,7 k € | +18.8% | 98,2 k € | +19.0% | 82,5 k € | +8.7% | 75,9 k € | +44.2% | 52,6 k € | +21.9% | 43,2 k € | +3.4% | 41,8 k € | +1402% | 2,8 k € | +124% | 1,2 k € |
| EBITDA | 67,4 k € | -48.3% | 130,3 k € | +166% | 49 k € | -49.5% | 97 k € | -42.0% | 167,2 k € | +229% | 50,9 k € | +255% | -32,8 k € | +17.0% | -39,6 k € | -31.6% | -30 k € | -145% | 67,5 k € | +106% | 32,8 k € | +294% | 8,3 k € | +1762% | 447,8 € | -96.4% | 12,3 k € | -59.0% | 30 k € | +42.8% | 21 k € | +35.8% | 15,5 k € | +180% | -19,5 k € | +3.3% | -20,1 k € |
| Operating result | 63,2 k € | -50.3% | 127,1 k € | +179% | 45,6 k € | -51.1% | 93,2 k € | -43.2% | 164,1 k € | +237% | 48,6 k € | +240% | -34,8 k € | +19.2% | -43 k € | -16.3% | -37 k € | -159% | 62,7 k € | +99.9% | 31,3 k € | +331% | 7,3 k € | +1264% | -624,3 € | -105% | 12,3 k € | -59.0% | 30 k € | +42.8% | 21 k € | +35.8% | 15,5 k € | +180% | -19,5 k € | +3.3% | -20,1 k € |
| Net result | 67 k € | -49.6% | 132,8 k € | +159% | 51,2 k € | -45.0% | 93,1 k € | -43.2% | 164,1 k € | +238% | 48,5 k € | +239% | -34,9 k € | +19.2% | -43,2 k € | -6.5% | -40,5 k € | -170% | 57,5 k € | +70.1% | 33,8 k € | +126% | 14,9 k € | +176% | 5,4 k € | -37.3% | 8,6 k € | -71.3% | 30 k € | +44.8% | 20,7 k € | -26.8% | 28,3 k € | +240% | -20,3 k € | -0.4% | -20,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 824,8 k € | +8.8% | 757,8 k € | +21.2% | 625 k € | +8.9% | 573,9 k € | +19.4% | 480,7 k € | +51.8% | 316,7 k € | +34.7% | 235,1 k € | -12.9% | 270 k € | -13.8% | 313,2 k € | +23.3% | 254 k € | +29.3% | 196,5 k € | +20.8% | 162,7 k € | +10.1% | 147,7 k € | +3.8% | 142,3 k € | +6.5% | 133,7 k € | +29.0% | 103,7 k € | +25.0% | 82,9 k € | +51.8% | 54,6 k € | -27.1% | 74,9 k € |
| Total assets | 954,7 k € | +16.2% | 821,7 k € | +8.4% | 757,7 k € | -1.2% | 767,2 k € | +31.2% | 584,8 k € | +54.9% | 377,7 k € | +20.8% | 312,5 k € | -21.8% | 399,9 k € | -1.0% | 404 k € | +2.4% | 394,7 k € | +74.6% | 226,1 k € | +13.7% | 198,9 k € | +12.7% | 176,5 k € | +3.3% | 170,9 k € | +12.1% | 152,4 k € | -19.2% | 188,5 k € | +47.4% | 127,9 k € | -11.5% | 144,6 k € | +6.8% | 135,4 k € |
| Cash | 817,6 k € | +14.8% | 712,4 k € | +2.2% | 696,8 k € | +13.0% | 616,5 k € | +32.1% | 466,8 k € | +59.4% | 292,7 k € | +7.6% | 272 k € | -21.5% | 346,3 k € | +8.3% | 319,8 k € | +2.4% | 312,2 k € | +95.6% | 159,6 k € | -9.9% | 177,2 k € | +26.7% | 139,8 k € | +0.3% | 139,4 k € | +3.8% | 134,3 k € | -11.1% | 151 k € | +70.7% | 88,4 k € | +22.3% | 72,3 k € | +71.5% | 42,2 k € |
| Debts | 123 k € | +118% | 56,4 k € | -56.0% | 128,1 k € | +23.4% | 103,8 k € | +86.0% | 55,8 k € | +9.6% | 50,9 k € | -29.6% | 72,3 k € | -5.8% | 76,8 k € | -6.0% | 81,7 k € | -41.9% | 140,7 k € | +375% | 29,6 k € | -18.2% | 36,2 k € | +27.5% | 28,4 k € | -0.7% | 28,6 k € | +52.7% | 18,7 k € | -77.9% | 84,9 k € | +89.9% | 44,7 k € | -50.3% | 90 k € | +48.7% | 60,5 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 5,8 ETP | +26.1% | 4,6 ETP | -41.8% | 7,9 ETP | +16.2% | 6,8 ETP | +51.1% | 4,5 ETP | -15.1% | 5,3 ETP | +1.9% | 5,2 ETP | 0.0% | 5,2 ETP | +15.6% | 4,5 ETP | +12.5% | 4,0 ETP | +167% | 1,5 ETP | 0.0% | 1,5 ETP | 0.0% | 1,5 ETP | +25.0% | 1,2 ETP | +20.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 57 ended
Active mandates
Anja Desmet
ActiveCaroline Bonte-Vanraes
ActiveDirk Desmet
ActiveFelix De Cleck
ActiveLise-Marie Platteau
ActiveMargot Desmet
ActiveBercy Slegers
ActiveDaan Mostaert
ActiveLiesje Cartreul
ActiveFrancis Benoit
ActiveGeert Breughe
ActiveRegine Vanwynsberghe-Rooryck
ActiveWilly Glorieux
ActiveEnded mandates
Bart Pynket
EndedBart Pynket
EndedFrancis Pattyn
EndedFrancis Pattyn
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0684.967.082 | |
| 1028.135.365 | |
INTERCOMMUNALE LEIEDAL● Active | 0205.350.681 |
MyMachine● Active | 0819.844.196 |
TRANSFORUM● Active | 0464.741.153 |
Vlasvallei● Liquidation | 0450.144.534 |
ZELFSTANDIGE GROEPERING SUPRA● Active | 0767.888.325 |
Financials
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 | 28/07/2026 | 30/07/2025 | 31/07/2024 | 26/07/2023 | 01/08/2022 | 18/08/2021 |
| General meeting | 20/03/2026 | 07/03/2025 | 07/03/2024 | 17/03/2023 | 31/03/2022 | 15/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 20/03/2026 | 28/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 07/03/2025 | 30/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 07/03/2024 | 31/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 17/03/2023 | 26/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 31/03/2022 | 01/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 15/06/2021 | 18/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 24/04/2020 | 02/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 15/03/2019 | 04/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 16/03/2018 | 06/04/2018 | Dutch | |
| Abridged model | 31/12/2016 | 17/03/2017 | 03/04/2017 | Dutch | |
| Abridged model | 31/12/2015 | 18/03/2016 | 29/04/2016 | Dutch | |
| Abridged model | 31/12/2014 | 20/03/2015 | 23/03/2015 | Dutch | |
| Abridged model | 31/12/2013 | 21/03/2014 | 08/04/2014 | Dutch | |
| Abridged model | 31/12/2012 | 19/04/2013 | 21/05/2013 | Dutch | |
| Abridged model | 31/12/2011 | 03/02/2012 | 19/04/2012 | Dutch | |
| Abridged model | 31/12/2010 | 18/02/2011 | 29/04/2011 | Dutch | |
| Abridged model | 31/12/2009 | 07/05/2010 | 18/05/2010 | Dutch | |
| Abridged model | 31/12/2008 | 03/04/2009 | 02/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 31/03/2008 | 09/12/2008 | Dutch | |
| Abridged model | 31/12/2006 | 31/03/2007 | 09/12/2008 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 57 ended
Active mandates
Anja Desmet
ActiveCaroline Bonte-Vanraes
ActiveDirk Desmet
ActiveFelix De Cleck
ActiveLise-Marie Platteau
ActiveMargot Desmet
ActiveBercy Slegers
ActiveDaan Mostaert
ActiveLiesje Cartreul
ActiveFrancis Benoit
ActiveGeert Breughe
ActiveRegine Vanwynsberghe-Rooryck
ActiveWilly Glorieux
ActiveEnded mandates
Bart Pynket
EndedBart Pynket
EndedFrancis Pattyn
EndedFrancis Pattyn
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates22/05/2025ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates01/06/2023ONTSLAGEN - BENOEMINGEN
- Mandates14/12/2020ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other16/06/2015BENAMING
- Mandates26/03/2014ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates09/05/2012ONTSLAGEN - BENOEMINGEN
- Mandates19/12/2007BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202567 k €↓
- 2024Annual accounts 2024132,8 k €↑
- 2023Annual accounts 202351,2 k €↓
- 2022Annual accounts 202293,1 k €↓
- 2021Annual accounts 2021164,1 k €↑
- 2020Annual accounts 202048,5 k €↑
- 2019Annual accounts 2019-34,9 k €↑
- 2018Annual accounts 2018-43,2 k €↓
- 2017Annual accounts 2017-40,5 k €↓
- 2015Annual accounts 201557,5 k €↑
- 2014Annual accounts 201433,8 k €↑
- 2013Annual accounts 201314,9 k €↑
- 2012Annual accounts 20125,4 k €↓
- 2011Annual accounts 20118,6 k €↓
- 2010Annual accounts 201030 k €↑
- 2009Annual accounts 200920,7 k €↓
- 2008Annual accounts 200828,3 k €↑
- 2007Annual accounts 2007-20,3 k €↓
- 2006Annual accounts 2006-20,2 k €
- 30/12/2002IncorporationProject organization