ACTIVE

WESTVELD

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Financial year 2025 · closed on 30/06/2025
Net result
198 k €
-3.6% YoY
Gross margin
579,5 k €
+2.7% YoY
Equity
553,4 k €
+3.4% YoY
Workforce
3,4 ETP
-2.9% YoY

What does WESTVELD do?

WESTVELD is a Private limited company incorporated in 2003. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Gent. It employs on average 3,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0862.365.929
Incorporation
23/12/2003
Legal form
Private limited company
Registered office
Alfons Braeckmanlaan 202
9040 Gent · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
30/06/2025
Average workforce
3,4 ETP
Activities (NACE)
47730Dispensing chemist in specialised stores· main47730Dispensing chemist in specialised stores47750Retail sale of cosmetic and toilet articles in specialised stores47750Retail sale of cosmetic and toilet articles in specialised stores52310Warehousing and support activities for transportation47279Retail sale of food, beverages and tobacco in specialised stores+5
Joint committees (1)
  • 313
Signals
ProfitableSolid equityLow 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 16 financial years

2025202420232022201820172016201520142013201220112010200920082007
Income statement
Gross margin579,5 k €564 k €519,8 k €470,4 k €397,9 k €442,5 k €427,4 k €437 k €406,2 k €400,2 k €386 k €377,3 k €363,6 k €403,4 k €463,5 k €427 k €
EBITDA301,2 k €306,7 k €265,8 k €265,9 k €205,2 k €257,2 k €240,4 k €249,8 k €231 k €269,6 k €254,8 k €243,6 k €232,1 k €278,3 k €344,5 k €182,5 k €
Operating result215,2 k €221,4 k €134,6 k €208,3 k €181,3 k €232,7 k €215,9 k €223,2 k €174,9 k €172,7 k €156,5 k €144,3 k €137,3 k €184,1 k €250,6 k €61,6 k €
Net result198 k €205,5 k €120,6 k €198,9 k €173,1 k €220,4 k €199,5 k €165,4 k €162,7 k €155,5 k €144,2 k €114,7 k €95,3 k €124,6 k €194,4 k €16,6 k €
Balance sheet
Equity553,4 k €535,3 k €529,8 k €514,2 k €333,8 k €320,6 k €300,3 k €275,7 k €275,4 k €272,6 k €272,2 k €273 k €258,3 k €213 k €153,4 k €152,1 k €
Total assets1,7 M €1,7 M €1,7 M €1,8 M €923,6 k €915,1 k €943,3 k €968,6 k €1,1 M €1,1 M €1,2 M €1,2 M €1,3 M €1,4 M €1,6 M €1,6 M €
Cash286,4 k €291,6 k €301,8 k €491,3 k €154,8 k €221,3 k €216,5 k €204,2 k €212,9 k €224,8 k €191,4 k €119,5 k €182,4 k €143,4 k €230,3 k €203,2 k €
Debts1,1 M €1,2 M €1,2 M €1,3 M €588,8 k €593,5 k €642 k €691,3 k €764,3 k €829 k €895 k €926,5 k €1 M €1,1 M €1,4 M €1,4 M €
Other
Workforce3,4 ETP3,5 ETP3,3 ETP3,4 ETP3,1 ETP3,2 ETP3,2 ETP3,2 ETP3,2 ETP2,3 ETP2,3 ETP2,6 ETP2,4 ETP2,4 ETP2,6 ETP3,8 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 30/06/2025 · 1 active · 16 ended

Active mandates

Coorevitsdemits

Director · since 01 juillet 2007 · 0887.486.652

Represented by Coorevits MICHAEL

Active

Ended mandates

Coorevitsdemits

Manager · since 01 juillet 2007 · until 01 juillet 2009 · 0887.486.652

Represented by Michaël Coorevits

Ended
Coorevitsdemits

Director · since 01 juillet 2007 · 0887.486.652

Represented by Coorevits MICHAEL

Ended
Coorevitsdemits

Director · since 01 juillet 2007 · 0887.486.652

Represented by Michael Coorevits

Ended
Coorevitsdemits

Administrator - manager · since 01 juillet 2007 · 0887.486.652

Represented by michael coorevits

Ended
At this address

Other companies at this address

CompanyCBE no.
Coorevitsdemits● Active
0887.486.652
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/12/202527/12/202418/12/202314/11/202222/12/202104/11/2020
General meeting16/10/202521/12/202416/12/202317/10/202218/10/202119/10/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202516/10/202503/12/2025DutchPDF
Abridged model30/06/202421/12/202427/12/2024DutchPDF
Abridged model30/06/202316/12/202318/12/2023DutchPDF
Abridged model30/06/202217/10/202214/11/2022DutchPDF
Abridged model30/06/202118/10/202122/12/2021DutchPDF
Abridged model30/06/202019/10/202004/11/2020DutchPDF
Abridged model30/06/201921/10/201925/11/2019DutchPDF
Abridged model30/06/201825/10/201829/11/2018DutchPDF
Abridged model30/06/201716/10/201721/12/2017DutchPDF
Abridged model30/06/201617/10/201629/11/2016DutchPDF
Abridged model30/06/201519/10/201527/11/2015DutchPDF
Abridged model30/06/201420/10/201427/11/2014DutchPDF
Abridged model30/06/201321/10/201326/11/2013DutchPDF
Abridged model30/06/201222/10/201203/12/2012DutchPDF
Abridged model30/06/201119/12/201107/02/2012DutchPDF
Abridged model30/06/201013/12/201021/12/2010DutchPDF
Abridged model30/06/200921/12/200915/01/2010DutchPDF
Abridged model30/06/200822/12/200830/12/2008DutchPDF
Abridged model30/06/200727/12/200724/01/2008DutchPDF
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 30/06/2025 · 1 active · 16 ended

Active mandates

Coorevitsdemits

Director · since 01 juillet 2007 · 0887.486.652

Represented by Coorevits MICHAEL

Active

Ended mandates

Coorevitsdemits

Manager · since 01 juillet 2007 · until 01 juillet 2009 · 0887.486.652

Represented by Michaël Coorevits

Ended
Coorevitsdemits

Director · since 01 juillet 2007 · 0887.486.652

Represented by Coorevits MICHAEL

Ended
Coorevitsdemits

Director · since 01 juillet 2007 · 0887.486.652

Represented by Michael Coorevits

Ended
Coorevitsdemits

Administrator - manager · since 01 juillet 2007 · 0887.486.652

Represented by michael coorevits

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring19/02/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring15/12/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates11/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates15/09/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/06/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/02/2008
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/07/2007
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other02/01/2004
    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 2025198 k €↓
  2. 2024
    Annual accounts 2024205,5 k €↑
  3. 2023
    Annual accounts 2023120,6 k €↓
  4. 2022
    Annual accounts 2022198,9 k €↑
  5. 2018
    Annual accounts 2018173,1 k €↓
  6. 2017
    Annual accounts 2017220,4 k €↑
  7. 2016
    Annual accounts 2016199,5 k €↑
  8. 2015
    Annual accounts 2015165,4 k €↑
  9. 2014
    Annual accounts 2014162,7 k €↑
  10. 2013
    Annual accounts 2013155,5 k €↑
  11. 2012
    Annual accounts 2012144,2 k €↑
  12. 2011
    Annual accounts 2011114,7 k €↑
  13. 2010
    Annual accounts 201095,3 k €↓
  14. 2009
    Annual accounts 2009124,6 k €↓
  15. 2008
    Annual accounts 2008194,4 k €↑
  16. 2007
    Annual accounts 200716,6 k €
  17. 23/12/2003
    IncorporationPrivate limited company