ACTIVE

Westmate

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Financial year 2025 · Closed on 31/12/2025

Net result121 k €-4,4 %over 1 year
Gross margin278,6 k €-2,5 %over 1 year
Equity176 k €+40,8 %over 1 year

Identity

Source · BCE/KBO

Westmate is a Private limited company incorporated in 2019. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Aalter.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0720.703.367
Incorporation
13/02/2019
Legal form
Private limited company
Registered office
Diepestraat 52
9880 Aalter · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 33600
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin278,6 k €285,8 k €174,2 k €115,1 k €125,9 k €
EBITDA199,1 k €193,4 k €129,8 k €92,1 k €115 k €
Operating result146,4 k €155,7 k €93 k €43,4 k €79,4 k €
Net result121 k €126,5 k €66,3 k €34,2 k €66,9 k €
Balance sheet
Equity176 k €125 k €117,2 k €125,1 k €127,7 k €
Total assets700,2 k €618,2 k €520,5 k €463,7 k €431,4 k €
Cash59,2 k €49,4 k €38,4 k €12,9 k €78,6 k €
Debts523,5 k €493,2 k €401,5 k €337 k €302 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriod
WESTMILE1007.070.133Represented by Laurens DE TEMMERMAN
Directorsince 26/04/2024
WESTPLAN1005.133.695Represented by Gregory VANDERSTRAETEN
Directorsince 26/04/2024

Ended mandates

DirectorMandates in this companyPeriod
GREGORY VANDERSTRAETEN
Manager01/02/2019 → 2019 accountsDirector2022 accounts
LAURENS DE TEMMERMAN
Manager01/02/2019 → 2019 accountsDirector2022 accounts

Other companies at this address

Diepestraat 52 9880 Aalter
CompanyCBE no.
WESTARCH● Active
0801.954.725
WESTPLAN● Active
1005.133.695

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date18/08/202629/04/202512/07/202424/07/202320/06/202230/06/2021
General meeting22/07/202631/03/202521/06/202430/06/202318/06/202230/06/2021
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/07/202618/08/2026DutchPDF
Micro model31/12/202431/03/202529/04/2025DutchPDF
Micro model31/12/202321/06/202412/07/2024DutchPDF
Micro model31/12/202230/06/202324/07/2023DutchPDF
Micro model31/12/202118/06/202220/06/2022DutchPDF
Micro model31/12/202030/06/202130/06/2021DutchPDF
Micro model31/12/201930/06/202008/07/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriod
WESTMILE1007.070.133Represented by Laurens DE TEMMERMAN
Directorsince 26/04/2024
WESTPLAN1005.133.695Represented by Gregory VANDERSTRAETEN
Directorsince 26/04/2024

Ended mandates

DirectorMandates in this companyPeriod
GREGORY VANDERSTRAETEN
Manager01/02/2019 → 2019 accountsDirector2022 accounts
LAURENS DE TEMMERMAN
Manager01/02/2019 → 2019 accountsDirector2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/05/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/02/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings6 filings
Mandates
WESTPLAN
WESTMILE
GREGORY VANDERSTRAETEN
LAURENS DE TEMMERMAN
20192020202120222023202420252026
Westmate
Diepestraat 52, 9880 Aalter
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Diepestraat 52, 9880 AalterCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00404476
Muishondstraat 2 204, 9000 Gent
accounts 2022
Accounts 2022 · 2023-00269316
Muishondstraat 2 bte 204, 9000 Gent
accounts 2021
Accounts 2021 · 2022-20081905

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
WestmateCurrent
accounts 2019 → 2025
Accounts 2025 · 2026-00404476

Events

  1. 2025
    Annual accounts 2025121 k €↓
  2. 2024
    Annual accounts 2024126,5 k €↑
  3. 2023
    Annual accounts 202366,3 k €↑
  4. 2022
    Annual accounts 202234,2 k €↓
  5. 2021
    Annual accounts 202166,9 k €↑
  6. 2020
    Annual accounts 202036,2 k €
  7. 13/02/2019
    IncorporationPrivate limited company