Financials
Financial year 2025
Westlandia VZW from Ieper, company number BE0407768895, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year Westlandia VZW recorded revenue of € 20.2 million and equity of € 35 million. Compared with financial year 2024, the result moved from € 808,926 to € 1.6 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 June 5, 2026.
€ 35 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ 102% vs 2024
Profit after tax over the fiscal year.
€ 3.9 million
▲ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
707.6
▲ 9.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 26.6 million
▲ 5% vs 2024
€ 37,600 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.
€ 2 million
▲ 1% vs 2024
Of which on lease € 1.1 million.
Debts at end 2025
€ 565,876
▼ 21% vs 2024
€ 154,579 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.7 million
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 2.4 million
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,760,994 | € 20,063,339 | € 18,471,578 | € 20,179,678 | ▲ 9% |
| Profit after taxes | € 1,527,576 | € 507,940 | € 808,926 | € 1,633,039 | ▲ 102% |
| Equity | € 32,340,135 | € 32,873,802 | € 33,483,521 | € 35,038,860 | ▲ 5% |
| Total debts | € 8,662,725 | € 7,156,214 | € 7,168,999 | € 4,912,078 | ▼ 31% |
| Cash | € 3,979,633 | € 3,124,237 | € 2,292,521 | € 3,922,388 | ▲ 71% |
| Land & buildings | € 8,754,422 | € 8,263,889 | € 12,988,379 | € 12,548,048 | ▼ 3% |
| Retained profit | € 31,395,122 | € 31,903,062 | € 32,711,988 | € 34,345,027 | ▲ 5% |
| Bank debt | € 998,046 | € 859,105 | € 715,069 | € 565,876 | ▼ 21% |
| Balance sheet total | € 42,376,588 | € 41,758,536 | € 42,182,288 | € 41,313,599 | ▼ 2% |
| Employees (FTE) | 732.5 | 712.8 | 697.9 | 707.6 | ▲ 9.7 |
Key figures of Westlandia VZW, 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 Westlandia VZW?
What happened at Westlandia VZW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stefaan De Rouck stepped down as director. NBB
- Jan Hosten stepped down as director. NBB
- An Houvenaghel stepped down as director. NBB
- Antony Popelier stepped down as director. NBB
- Pedro Ligneel stepped down as director. NBB
- Nancy Kinget stepped down as director. NBB
- Joachim Jonckheere stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.6 million (▲ 102% vs 2024). Source: NBB ↗
In short
From € 1.5 million profit in 2022 to € 1.6 million profit in 2025.
Paid € 347,349 in corporate taxes since 2022.
Best year ever: 2025, with € 1.6 million profit.
Pays suppliers within 85 days on average.
A new publication or filing at Westlandia VZW? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 66.7% of Net'antwerk itself.
Directors
According to the 2025 annual accounts
since 2026 · until 2031
since 2026 · until 2031
An Houvenaghel
lid Bestuursorgaan
since 2026 · until 2031
Antony Popelier
lid Bestuursorgaan
Also active at: Koekjesfabriek Bekaert, MILCAMPS, DE REZE BISCUIT-CHOCOLATE, POPPIES BAKERIES ZONNEBEKE, POPPIES BAKERIES, POPPIES BAKERIES COMINES, National International Trading Company, POPPIES BAKERIES ERTVELDE +12 more
since 2026 · until 2031
Pedro Ligneel
voorzitter Bestuursorgaan
since 2026 · until 2031
since 2026 · until 2031
Joachim Jonckheere
ondervoorzitter Bestuursorgaan
Also active at: Thuiswest, Autonoom gemeentebedrijf Memorial museum Passchendaele 1917, Eerstelijnszone Westhoek
since 2026 · until 2031
Establishments
Establishment units
Physical locations of this company
Dehemlaan 1
8900 Ieper
Zwaanhofweg 5
8900 Ieper
Active since 29 September 2015
Zwaanhofweg 2
8900 Ieper
Active since 1 July 2021
Rozendaalstraat 27
8900 Ieper
Active since 1 January 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
westlandia.be
Registered
1997-04-23
Website info
Features
Security
Details
- Company number
- 0407.768.895
- VAT number
- BE 0407.768.895
- Registered office
- Dehemlaan 1, 8900 Ieper
- Names & denominations
- Westlandia VZW
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 15 October 1969
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- westlandia.be
- Activities · NACE
Beschutte en sociale werkplaatsen
Beschutte werkplaatsen