ACTIVE

KwaWEST

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Financial year 2025 · closed on 31/12/2025

Net result

1,3 M €

-22.0% YoY

Gross margin

3 M €

-8.6% YoY

Equity

1,5 M €

+9.3% YoY

Workforce

16,0 ETP

+23.1% YoY

What does KwaWEST do?

KwaWEST is a Private limited company incorporated in 2011. Its main activity is: Joinery installation. Its registered office is in Jabbeke. It employs on average 16,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0841.127.877

Incorporation

17/11/2011

Legal form

Private limited company

Registered office

Gistelsteenweg 214
8490 Jabbeke · FlandreSee on map

Contributed capital

150 000,00 €

Latest accounts

31/12/2025

Average workforce

16,0 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation

Joint committees (5)

124
1240
200
2000
218

Contacts

3 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	3 M €	-8.6%	3,2 M €	+31.1%	2,5 M €	+49.9%	1,6 M €	-6.2%	1,8 M €	+14.0%	1,5 M €	+23.1%	1,3 M €	+50.0%	835,8 k €	+1.8%	821,4 k €	+0.5%	817,6 k €	+20.4%	678,8 k €	-6.1%	723 k €	+175%	263,4 k €	+1068%	-27,2 k €
EBITDA	1,8 M €	-19.1%	2,3 M €	+38.3%	1,6 M €	+64.0%	1 M €	-13.7%	1,2 M €	+17.3%	989,7 k €	+76.0%	562,3 k €	+482%	96,6 k €	-53.8%	209,1 k €	-38.3%	338,8 k €	+41.6%	239,4 k €	-27.9%	332 k €	+170%	123,1 k €	+398%	-41,3 k €
Operating result	1,6 M €	-22.6%	2,1 M €	+35.7%	1,6 M €	+67.8%	924,4 k €	-13.4%	1,1 M €	+14.3%	933,8 k €	+88.1%	496,5 k €	+3012%	16 k €	-86.5%	118 k €	-52.4%	247,7 k €	+44.9%	170,9 k €	-36.3%	268,5 k €	+250%	76,6 k €	+202%	-75 k €
Net result	1,3 M €	-22.0%	1,7 M €	+35.3%	1,3 M €	+63.0%	771 k €	-11.4%	869,9 k €	+10.2%	789,3 k €	+52.8%	516,4 k €	+863%	53,6 k €	-51.4%	110,3 k €	-43.2%	194,1 k €	+48.3%	130,9 k €	-32.1%	192,8 k €	+122%	86,8 k €	+217%	-74,1 k €
Balance sheet
Equity	1,5 M €	+9.3%	1,4 M €	+79.1%	758,5 k €	+68.0%	451,6 k €	+17.1%	385,5 k €	+11.5%	345,6 k €	-24.3%	456,4 k €	+17.0%	389,9 k €	+0.9%	386,3 k €	+2.7%	376 k €	+13.3%	331,9 k €	+25.0%	265,5 k €	+63.2%	162,6 k €	+114%	75,9 k €
Total assets	5 M €	-2.8%	5,1 M €	+28.1%	4 M €	+34.4%	3 M €	+36.7%	2,2 M €	+4.3%	2,1 M €	+34.6%	1,5 M €	+25.7%	1,2 M €	+10.5%	1,1 M €	+4.1%	1,1 M €	+17.3%	911,4 k €	+7.4%	848,4 k €	+51.8%	558,7 k €	+91.3%	292,2 k €
Cash	2 M €	+16.4%	1,7 M €	+11.8%	1,5 M €	+103%	754,7 k €	+11.5%	676,7 k €	+8.6%	622,9 k €	+81.4%	343,3 k €	+145%	140,3 k €	-40.5%	235,8 k €	-4.4%	246,5 k €	-16.5%	295,1 k €	+0.0%	295,1 k €	+663%	38,7 k €	+12.2%	34,4 k €
Debts	3,1 M €	-9.4%	3,4 M €	+15.7%	2,9 M €	+88.2%	1,5 M €	+23.3%	1,3 M €	+3.1%	1,2 M €	+84.2%	660,9 k €	+22.8%	538,2 k €	+3.9%	517,9 k €	-1.5%	525,8 k €	+16.1%	452,9 k €	-15.7%	537 k €	+45.3%	369,6 k €	+94.7%	189,9 k €
Other
Workforce	16,0 ETP	+23.1%	13,0 ETP	+5.7%	12,3 ETP	+12.8%	10,9 ETP	+4.8%	10,4 ETP	+2.0%	10,2 ETP	-17.7%	12,4 ETP	-0.8%	12,5 ETP	+15.7%	10,8 ETP	+28.6%	8,4 ETP	+9.1%	7,7 ETP	+28.3%	6,0 ETP	+114%	2,8 ETP	+460%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

MAJEVA

Director · 0838.048.227

Represented by Jeroen VANDENBROUCKE

Active

Ended mandates

CAMOR

Manager · since 17 novembre 2011 · 0830.072.154

Represented by Dave Cafmeyer

Ended

KENTISOL

Manager · since 17 novembre 2011 · 0873.367.214

Represented by Thimothy Vandenbulcke

Ended

MAJEVA

Manager · since 17 novembre 2011 · 0838.048.227

Represented by Jeroen Vandenbroucke

Ended

CAMOR

Manager · since 08 novembre 2011 · 0830.072.154

Represented by DAVE CAFMEYER

Ended

At this address

Other companies at this address

Company	CBE no.
Tekielah● Active	0778.657.305

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	20/08/2026	11/08/2025	30/08/2024	19/07/2023	20/09/2022	11/05/2021
General meeting	22/07/2026	20/07/2025	29/08/2024	11/07/2023	09/09/2022	10/05/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/07/2026	20/08/2026	Dutch	PDF
Abridged model	31/12/2024	20/07/2025	11/08/2025	Dutch	PDF
Abridged model	31/12/2023	29/08/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	11/07/2023	19/07/2023	Dutch	PDF
Abridged model	31/12/2021	09/09/2022	20/09/2022	Dutch	PDF
Abridged model	31/12/2020	10/05/2021	11/05/2021	Dutch	PDF
Abridged model	31/12/2019	11/05/2020	26/05/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	22/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	21/08/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	08/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	13/08/2015	Dutch	PDF
Abridged model	31/12/2013	01/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/08/2013	30/08/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 1 active · 13 ended

Active mandates

MAJEVA

Director · 0838.048.227

Represented by Jeroen VANDENBROUCKE

Active

Ended mandates

CAMOR

Manager · since 17 novembre 2011 · 0830.072.154

Represented by Dave Cafmeyer

Ended

KENTISOL

Manager · since 17 novembre 2011 · 0873.367.214

Represented by Thimothy Vandenbulcke

Ended

MAJEVA

Manager · since 17 novembre 2011 · 0838.048.227

Represented by Jeroen Vandenbroucke

Ended

CAMOR

Manager · since 08 novembre 2011 · 0830.072.154

Represented by DAVE CAFMEYER

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other13/04/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other21/11/2011
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

2025
Annual accounts 20251,3 M €↓
2024
Annual accounts 20241,7 M €↑
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 2022771 k €↓
2021
Annual accounts 2021869,9 k €↑
2020
Annual accounts 2020789,3 k €↑
2019
Annual accounts 2019516,4 k €↑
2018
Annual accounts 201853,6 k €↓
2017
Annual accounts 2017110,3 k €↓
2016
Annual accounts 2016194,1 k €↑
2015
Annual accounts 2015130,9 k €↓
2014
Annual accounts 2014192,8 k €↑
2013
Annual accounts 201386,8 k €↑
2012
Annual accounts 2012-74,1 k €
17/11/2011
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

KwaWEST

Overview

What does KwaWEST do?

Trend over 14 financial years

Indicative valuation

Board of directors

Other companies at this address

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