Financials
Financial year 2025
West Decor from Deerlijk, company number BE0405382004, closed financial year 2025 with a result of € 1 million after tax. For that financial year West Decor recorded a gross margin of € 2.1 million and equity of € 4.8 million. Compared with financial year 2024, the result moved from € 880,264 to € 1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 4.8 million
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 704,397
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.6 million.
People and assets in 2025
12.6
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 720,532
▼ 1% vs 2024
€ 57,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 91,283
▲ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 68,215
▲ 9% vs 2024
€ 30,356 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 443,997
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 183,431
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,730,198 | € 2,411,143 | € 2,074,773 | € 2,113,812 | ▲ 2% |
| Profit after taxes | € 670,508 | € 1,112,271 | € 880,264 | € 1,015,782 | ▲ 15% |
| Equity | € 1,784,788 | € 2,897,060 | € 3,777,324 | € 4,793,106 | ▲ 27% |
| Total debts | € 794,518 | € 1,165,703 | € 730,190 | € 719,705 | ▼ 1% |
| Cash | € 346,172 | € 1,301,875 | € 671,970 | € 704,397 | ▲ 5% |
| Retained profit | € 1,597,650 | € 2,709,922 | € 3,590,186 | € 4,605,968 | ▲ 28% |
| Dividend | € 3,001,250 | € 0 | € 0 | € 0 | |
| Bank debt | € 190,467 | € 145,711 | € 62,570 | € 68,215 | ▲ 9% |
| Balance sheet total | € 2,579,307 | € 4,062,763 | € 4,507,513 | € 5,512,811 | ▲ 22% |
| Employees (FTE) | 14.8 | 14.6 | 14.6 | 12.6 | ▼ 2 |
Key figures of West Decor, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to West Decor?
What happened at West Decor in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▲ 15% vs 2024). Source: NBB ↗
- LIANAX NV became a director. NBB
- ARAXAL BV became a director. NBB
- Arneau Lannoye became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Deerlijk. KBO
In short
From € 670,508 profit in 2022 to € 1 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
On average € 167,800 of value added per employee in 2025.
Management
The stake of LAXARA, ARAXAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
West DecorBehind West Decor are LIANAX NV, ARAXAL BV and Arneau Lannoye. The shares are held by LAXARA (100%) and ARAXAL (55.6%).
Directors
According to the 2025 annual accounts
since 1967
since 1967
since 1967
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ter Donkt 40
8540 Deerlijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.382.004
- VAT number
- BE 0405.382.004
- Registered office
- Ter Donkt 40, 8540 Deerlijk
- Names & denominations
- West Decor
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 1967
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Overige industrie, neg
Overige industrie, n.e.g.
Coating van metalen
Oppervlaktebehandeling en bekleding van metaal
Oppervlaktebehandeling van metalen
Groothandel in andere consumentenartikelen, neg
Houwen, bewerken en afwerken van natuursteen
Beheer van kerkhoven en activiteiten van crematoria