What does Thuiswest do?

Thuiswest is a property company in Roeselare. Private Limited, started on 3 September 1920, 1 establishment.

What is the address of Thuiswest?

The registered office of Thuiswest is located at Groenestraat 224, 8800 Roeselare.

Is Thuiswest still active?

Yes. According to the CBE (29 October 2026) Thuiswest is active, legal situation “Normale toestand”, started on 3 September 1920.

Is Thuiswest registered on Peppol?

Yes, Thuiswest is registered on the Peppol network with ID 0208:0405553535.

What is the enterprise number of Thuiswest?

The enterprise number of Thuiswest is BE0405553535.

When was Thuiswest founded?

Thuiswest was founded on 3 September 1920.

Who are the directors of Thuiswest?

According to the 2025 annual accounts, the directors of Thuiswest are: Michèle HOSTEKINT, Terry CALLENS, Bart WENES, Steven BOGAERT, Frederik DEMEYERE, Nadia STAES, Marnick LAUWERS, Jürgen OLIVIER.

Is Thuiswest a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 September 1920; 5 annual accounts filed, latest fiscal year 2025; 15 directors known from the annual account.

How much profit did Thuiswest make in 2025?

Thuiswest recorded a loss after taxes of € 1,879,750 in financial year 2025.

What is the revenue of Thuiswest?

In its most recent annual accounts (2025), Thuiswest reported revenue of € 40,776,434.

How much does an employee at Thuiswest earn?

The average wage cost per full-time employee at Thuiswest was € 83,600 in 2025: staff costs of € 7.6 million for 90.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Thuiswest have?

According to the 2025 annual accounts, Thuiswest has 90.9 full-time equivalents (FTE).

Does Thuiswest have a website?

Yes, Thuiswest has a website at thuiswest.be.

Thuiswest (Private Limited) - Roeselare - BE0405553535

Dossier Thuiswest, printed on 29 October 2026 from databakkes.be/en/0405553535/thuiswest. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Thuiswest from Roeselare, company number BE0405553535, closed financial year 2025 with a result of € -1.9 million after tax. For that financial year Thuiswest recorded revenue of € 40.8 million and equity of € 148.4 million. Compared with financial year 2024, the result moved from € 222,838 to € -1.9 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.

What it is worth Healthy

€ 148.4 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.9 million

▼ still € 222,838 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 24.6 million

▲ 12% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 121.2 million.

People and assets in 2025

Full-time equivalents

90.9

▲ 2.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 18.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 7.6 million

▲ 5% vs 2024

€ 83,600 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.

Vehicles and equipment

€ 1.6 million

▼ 10% vs 2024

Of which on lease € 1.2 million.

Debts at end 2025

Bank debt ≈ 23 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 430.8 million

€ 18.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.

Owed to suppliers

€ 6.4 million

▲ 37% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 114 days on average.

Taxes and wages

€ 1.5 million

▼ 57% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 22,952,610 Revenue 2022: € 22,952,610 First fiscal year in the series	€ 37,310,959 Revenue 2023: € 37,310,959 ▲ 63% vs 2022 (€ 22,952,610) Favourable step	€ 36,565,841 Revenue 2024: € 36,565,841 ▼ 2% vs 2023 (€ 37,310,959) Unfavourable step	€ 40,776,434 Revenue 2025: € 40,776,434 ▲ 12% vs 2024 (€ 36,565,841) Favourable step	▲ 12%
Profit after taxes	€ 7,173,423 Profit after taxes 2022: € 7,173,423 First fiscal year in the series	€ 4,644,456 Profit after taxes 2023: € 4,644,456 ▼ 35% vs 2022 (€ 7,173,423) Unfavourable step	€ 222,838 Profit after taxes 2024: € 222,838 ▼ 95% vs 2023 (€ 4,644,456) Unfavourable step	€ -1,879,750 Profit after taxes 2025: € -1,879,750 ▼ € 2.1 million vs 2024 (€ 222,838) Unfavourable step	▼ € 2.1 million
Equity	€ 136,285,993 Equity 2022: € 136,285,993 First fiscal year in the series	€ 149,728,816 Equity 2023: € 149,728,816 ▲ 10% vs 2022 (€ 136,285,993) Favourable step	€ 149,363,103 Equity 2024: € 149,363,103 Unchanged (€ 149,728,816) Unfavourable step	€ 148,379,349 Equity 2025: € 148,379,349 ▼ 1% vs 2024 (€ 149,363,103) Unfavourable step	▼ 1%
Total debts	€ 384,185,160 Total debts 2022: € 384,185,160 First fiscal year in the series	€ 443,744,166 Total debts 2023: € 443,744,166 ▲ 16% vs 2022 (€ 384,185,160) Unfavourable step	€ 449,174,330 Total debts 2024: € 449,174,330 ▲ 1% vs 2023 (€ 443,744,166) Unfavourable step	€ 449,999,751 Total debts 2025: € 449,999,751 Unchanged (€ 449,174,330) Unfavourable step
Cash	€ 36,408,109 Cash 2022: € 36,408,109 First fiscal year in the series	€ 39,376,176 Cash 2023: € 39,376,176 ▲ 8% vs 2022 (€ 36,408,109) Favourable step	€ 21,998,883 Cash 2024: € 21,998,883 ▼ 44% vs 2023 (€ 39,376,176) Unfavourable step	€ 24,569,716 Cash 2025: € 24,569,716 ▲ 12% vs 2024 (€ 21,998,883) Favourable step	▲ 12%
Land & buildings	€ 449,214,064 Land & buildings 2022: € 449,214,064 First fiscal year in the series	€ 511,806,981 Land & buildings 2023: € 511,806,981 ▲ 14% vs 2022 (€ 449,214,064) Unchanged	€ 524,188,156 Land & buildings 2024: € 524,188,156 ▲ 2% vs 2023 (€ 511,806,981) Unchanged	€ 529,411,224 Land & buildings 2025: € 529,411,224 ▲ 1% vs 2024 (€ 524,188,156) Unchanged	▲ 1%
Retained profit	€ 113,304,309 Retained profit 2022: € 113,304,309 First fiscal year in the series	€ 122,872,337 Retained profit 2023: € 122,872,337 ▲ 8% vs 2022 (€ 113,304,309) Favourable step	€ 123,093,034 Retained profit 2024: € 123,093,034 Unchanged (€ 122,872,337) Favourable step	€ 121,213,284 Retained profit 2025: € 121,213,284 ▼ 2% vs 2024 (€ 123,093,034) Unfavourable step	▼ 2%
Dividend	€ 1,944 Dividend 2022: € 1,944 First fiscal year in the series	€ 2,153 Dividend 2023: € 2,153 ▲ 11% vs 2022 (€ 1,944) Unchanged	€ 2,141 Dividend 2024: € 2,141 ▼ 1% vs 2023 (€ 2,153) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 2,141) Unchanged	▼ 100%
Bank debt	€ 369,670,363 Bank debt 2022: € 369,670,363 First fiscal year in the series	€ 423,706,725 Bank debt 2023: € 423,706,725 ▲ 15% vs 2022 (€ 369,670,363) Unfavourable step	€ 430,915,707 Bank debt 2024: € 430,915,707 ▲ 2% vs 2023 (€ 423,706,725) Unfavourable step	€ 430,788,092 Bank debt 2025: € 430,788,092 Unchanged (€ 430,915,707) Favourable step
Balance sheet total	€ 524,935,661 Balance sheet total 2022: € 524,935,661 First fiscal year in the series	€ 598,398,397 Balance sheet total 2023: € 598,398,397 ▲ 14% vs 2022 (€ 524,935,661) Unchanged	€ 603,409,744 Balance sheet total 2024: € 603,409,744 ▲ 1% vs 2023 (€ 598,398,397) Unchanged	€ 603,044,813 Balance sheet total 2025: € 603,044,813 Unchanged (€ 603,409,744) Unchanged
Employees (FTE)	51.2 Employees (FTE) 2022: 51.2 First fiscal year in the series	85.1 Employees (FTE) 2023: 85.1 ▲ 33.9 vs 2022 (51.2) Unchanged	88.8 Employees (FTE) 2024: 88.8 ▲ 3.7 vs 2023 (85.1) Unchanged	90.9 Employees (FTE) 2025: 90.9 ▲ 2.1 vs 2024 (88.8) Unchanged	▲ 2.1

Key figures of Thuiswest, 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 July 2027.

What happened to Thuiswest?

What happened at Thuiswest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Michèle HOSTEKINT stepped down as director. NBB
2031 Terry CALLENS stepped down as director. NBB
2031 Bart WENES stepped down as director. NBB
2031 Steven BOGAERT stepped down as director. NBB
2031 Frederik DEMEYERE stepped down as director. NBB
2031 Nadia STAES stepped down as director. NBB
2031 Marnick LAUWERS stepped down as director. NBB
2031 Jürgen OLIVIER stepped down as director. NBB

In short

From € 7.2 million profit in 2022 to € 1.9 million loss in 2025.

Paid € 479,444 in corporate taxes since 2022.

Best year ever: 2022, with € 7.2 million profit.

Paid out € 6,238 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Thuiswest

ASTER 16.6%

It owns 16.6% of ASTER itself.

Directors

According to the 2025 annual accounts

Michèle HOSTEKINT

Director

since 2025 · until 2031

Terry CALLENS

Director

Also active at: RIETEN DAKEN JAN DRIESSENS, Autonoom Gemeentebedrijf Ardooie

since 2025 · until 2031

Bart WENES

Chairman of the board

since 2025 · until 2031

Steven BOGAERT

Director

since 2025 · until 2031

Frederik DEMEYERE

Director

Also active at: BEWESOL, West-Vlaamse Politieschool

since 2025 · until 2031

Nadia STAES

Vice-chairman of the board

since 2025 · until 2031

Marnick LAUWERS

Director

since 2025 · until 2031

Jürgen OLIVIER

Director

Also active at: DE KRINGWINKEL MIDDEN-WEST-VLAANDEREN

since 2025 · until 2031

Sherley BEERNAERT

Director

Also active at: Milieuzorg Roeselare en Menen, Roeselare, DVV Midwest

since 2025 · until 2031

Joachim JONCKHEERE

Director

Also active at: Westlandia VZW, Autonoom gemeentebedrijf Memorial museum Passchendaele 1917, Eerstelijnszone Westhoek

since 2025 · until 2031

Bryan VANDERHAEGHE

Director

Also active at: Intercommunale Vereniging voor Vuilverwijdering en -verwerking voor de Veurne en Ommeland, REGIONAAL LANDSCHAP WESTHOEK, Eerstelijnszone Westhoek, HAIRINVEST, Autonoom Gemeentebedrijf De Kouter

since 2025 · until 2031

Wally CORNEILLIE

Director

Also active at: EFIN

since 2025 · until 2031

Marc VAN YSACKER

Director

since 2025 · until 2031

Valerie DERAEVE

Director

Also active at: Eerstelijnszone Westhoek

since 2025 · until 2031

Lieselotte DENOLF

Director

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Groenestraat 224

8800 Roeselare

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS thuiswest.be

Technologies

ASP.NETAWS S3Adobe FontsAngularBootstrapCookie ConsentGoogle Tag ManagerHotjarLightboxSlickjQuery

Hosting & Email

Email provider

Self-hosted

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages NL

Features

Blog Newsletter Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0405.553.535

VAT number

BE 0405.553.535

Registered office

Groenestraat 224, 8800 Roeselare

Names & denominations

Thuiswest

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 September 1920

Peppol

Active · Active since 29 Aug 2025

Contact

thuiswest.be

Activities · NACE

Verhuur en exploitatie van sociale woningen

Verhuur van sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗

Thuiswest

Financials

What happened to Thuiswest?

Management

Directors

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions