ACTIVE

WESTERLINDE

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
218,8 k €
+6526.5% YoY
Gross margin
7,3 M €
+5.9% YoY
Equity
1,7 M €
+14.5% YoY
Workforce
109,7 ETP
+4.2% YoY

What does WESTERLINDE do?

WESTERLINDE is a Non-profit organization incorporated in 2014. Its main activity is: Residential nursing care activities. Its registered office is in Kortrijk. It employs on average 109,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0559.901.321
Incorporation
30/06/2014
Legal form
Non-profit organization
Registered office
Budastraat(Kor) 30
8500 Kortrijk · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
109,7 ETP
Activities (NACE)
87101Residential nursing care activities· main87101Residential nursing care activities87301Residential care activities for the elderly and disabled87301Residential care activities for the elderly and disabled
Joint committees (1)
  • 330
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin7,3 M €6,9 M €6,6 M €6,0 M €5,0 M €3,3 M €2,9 M €2,8 M €2,7 M €2,5 M €2,1 M €501,4 k €
EBITDA337,4 k €150,6 k €450,1 k €410,8 k €812,9 k €84,5 k €141,0 k €196,0 k €145,7 k €189,9 k €125,0 k €4,7 k €
Operating result240,1 k €19,0 k €327,8 k €279,9 k €657,0 k €13,4 k €29,4 k €80,7 k €38,8 k €90,5 k €37,7 k €4,7 k €
Net result218,8 k €-3,4 k €308,5 k €267,7 k €648,1 k €3,3 k €29,4 k €80,7 k €38,7 k €90,4 k €37,7 k €4,7 k €
Balance sheet
Equity1,7 M €1,5 M €1,5 M €1,2 M €933,0 k €284,9 k €281,5 k €252,2 k €171,5 k €132,8 k €42,3 k €4,7 k €
Total assets4,2 M €3,8 M €3,8 M €3,4 M €3,0 M €2,2 M €1,7 M €2,1 M €1,9 M €1,8 M €1,8 M €1,4 M €
Cash–535,3 k €495,4 k €699,3 k €442,4 k €315,3 k €124,5 k €181,4 k €189,2 k €554,8 k €247,0 k €97,4 k €
Debts2,5 M €2,3 M €2,2 M €2,2 M €2,1 M €1,9 M €1,4 M €1,9 M €1,7 M €1,6 M €1,8 M €1,4 M €
Other
Workforce109,7 ETP105,3 ETP100,8 ETP100,1 ETP53,7 ETP64,4 ETP54,2 ETP53,7 ETP49,6 ETP44,9 ETP41,8 ETP10,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 13 active · 12 ended

Active mandates

Achiel Roets

Director · since 13 décembre 2023

Active
Annemie Vos

Director · since 13 décembre 2023

Active
Geert Vercruysse

Vice-chairman of the board of directors · since 13 décembre 2023

Active
Jan Allaert

Director · since 13 décembre 2023

Active
Rik Goetinck

Chairman of the board of directors · since 13 décembre 2023

Active
Wino Baeckelandt

Managing director · since 13 décembre 2023

Active
Achiel Roets

Chairman of the board of directors · since 24 septembre 2014 · until 13 décembre 2023

Active
Geert Vercruysse

Managing director · since 24 septembre 2014 · until 13 décembre 2023

Active
Lieven Vandenberghe

Director · since 24 septembre 2014

Active
Paul Gemmel

Director · since 24 septembre 2014

Active
Rik Goetinck

Vice-chairman of the board of directors · since 24 septembre 2014 · until 13 décembre 2023

Active
Wino Baeckelandt

Director · since 24 septembre 2014 · until 13 décembre 2023

Active
Frans Sercu

Director · 0536.191.056

Represented by Frans Sercu

Active

Ended mandates

Achiel Roets

Chairman of the board of directors · since 24 septembre 2014

Ended
Geert Vercruysse

Managing director · since 24 septembre 2014

Ended
Rik Goetinck

Vice-chairman of the board of directors · since 24 septembre 2014

Ended
Wino Baeckelandt

Director · since 24 septembre 2014

Ended
At this address

Other companies at this address

CompanyCBE no.
AURELIA● Active
0878.745.863
Carimmo● Active
0427.963.505
Cleen Leykin● Active
0460.486.813
De Braamrakkertjes● Active
0412.700.653
H.Hart services● Active
0897.041.350
Idefix● Active
0453.819.349
PAMELE VZW● Active
0851.825.987
Soetkin● Active
0443.641.970
THUISZORG H. HART● Active
0833.759.837
Windsor● Active
0427.823.250
Woon en Zorg H. Hart● Active
0413.595.330
ZORG GROEP HEILIG HART● Active
0834.928.488
Zusters van Liefde-Gesticht van het Heilig Hart● Active
0405.385.863
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date15/07/202625/06/202505/07/202418/07/202314/07/202228/07/2021
General meeting17/06/202618/06/202519/06/202421/06/202315/06/202214/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/06/202615/07/2026DutchPDF
Abridged model31/12/202418/06/202525/06/2025DutchPDF
Abridged model31/12/202319/06/202405/07/2024DutchPDF
Abridged model31/12/202221/06/202318/07/2023DutchPDF
Abridged model31/12/202115/06/202214/07/2022DutchPDF
Abridged model31/12/202014/07/202128/07/2021DutchPDF
Abridged model31/12/201915/07/202022/07/2020DutchPDF
Abridged model31/12/201812/06/201918/06/2019DutchPDF
Abridged model31/12/201727/06/201803/07/2018DutchPDF
Abridged model31/12/201628/06/201710/07/2017DutchPDF
Abridged model31/12/201515/06/201630/06/2016DutchPDF
Abridged model31/12/201418/06/201526/06/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 13 active · 12 ended

Active mandates

Achiel Roets

Director · since 13 décembre 2023

Active
Annemie Vos

Director · since 13 décembre 2023

Active
Geert Vercruysse

Vice-chairman of the board of directors · since 13 décembre 2023

Active
Jan Allaert

Director · since 13 décembre 2023

Active
Rik Goetinck

Chairman of the board of directors · since 13 décembre 2023

Active
Wino Baeckelandt

Managing director · since 13 décembre 2023

Active
Achiel Roets

Chairman of the board of directors · since 24 septembre 2014 · until 13 décembre 2023

Active
Geert Vercruysse

Managing director · since 24 septembre 2014 · until 13 décembre 2023

Active
Lieven Vandenberghe

Director · since 24 septembre 2014

Active
Paul Gemmel

Director · since 24 septembre 2014

Active
Rik Goetinck

Vice-chairman of the board of directors · since 24 septembre 2014 · until 13 décembre 2023

Active
Wino Baeckelandt

Director · since 24 septembre 2014 · until 13 décembre 2023

Active
Frans Sercu

Director · 0536.191.056

Represented by Frans Sercu

Active

Ended mandates

Achiel Roets

Chairman of the board of directors · since 24 septembre 2014

Ended
Geert Vercruysse

Managing director · since 24 septembre 2014

Ended
Rik Goetinck

Vice-chairman of the board of directors · since 24 septembre 2014

Ended
Wino Baeckelandt

Director · since 24 septembre 2014

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/06/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates22/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/08/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025218,8 k €↑
  2. 2024
    Annual accounts 2024-3,4 k €↓
  3. 2023
    Annual accounts 2023308,5 k €↑
  4. 2022
    Annual accounts 2022267,7 k €↓
  5. 2021
    Annual accounts 2021648,1 k €↑
  6. 2020
    Annual accounts 20203,3 k €↓
  7. 2019
    Annual accounts 201929,4 k €↓
  8. 2018
    Annual accounts 201880,7 k €↑
  9. 2017
    Annual accounts 201738,7 k €↓
  10. 2016
    Annual accounts 201690,4 k €↑
  11. 2015
    Annual accounts 201537,7 k €↑
  12. 2014
    Annual accounts 20144,7 k €
  13. 30/06/2014
    IncorporationNon-profit organization