Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
West Engineering & Consulting from Diksmuide, company number BE0415781887, closed financial year 2025 with a result of € -10,910 after tax. For that financial year West Engineering & Consulting recorded a gross margin of € -5,731 and equity of € -600,698. Compared with financial year 2024, the result moved from € -27,506 to € -10,910. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 3, 2026.
€ -600,698
▼ € 10,911 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,910
▲ 60 % less loss than in 2024
Profit after tax over the fiscal year.
€ 416
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
Debts at end 2025
€ 1 million
Loans from banks and other lenders, long and short.
€ 103
Supplier invoices still open on the last day of the fiscal year.
€ 2,000
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -14,088 | € -14,443 | € -18,900 | € -5,731 | ▲ € 13,169 |
| Profit after taxes | € -18,463 | € -15,400 | € -27,506 | € -10,910 | ▲ € 16,596 |
| Equity | € -546,881 | € -562,281 | € -589,787 | € -600,698 | ▼ € 10,911 |
| Total debts | € 1,455,487 | € 1,468,837 | € 1,497,560 | € 1,508,290 | ▲ 1% |
| Cash | € 893 | € 135 | € 605 | € 416 | ▼ 31% |
| Land & buildings | € 816,828 | € 816,828 | € 816,828 | € 816,828 | |
| Retained profit | € -1,410,694 | € -1,426,094 | € -1,453,600 | € -1,464,510 | ▼ € 10,910 |
| Bank debt | € 1,016,912 | € 1,016,912 | € 1,016,912 | € 1,016,912 | |
| Balance sheet total | € 908,606 | € 906,556 | € 907,773 | € 907,592 |
Key figures of West Engineering & Consulting, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to West Engineering & Consulting?
What happened at West Engineering & Consulting in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Beda Belpeer stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 10,910. Source: NBB ↗
- Beda Belpeer became a director. NBB
- Diederich Gildemyn became a director. NBB
- New establishment in Diksmuide. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,463 loss in 2022 to € 10,910 loss in 2025.
Management
Behind West Engineering & Consulting is Diederich Gildemyn. It owns 100% of Werkhuizen Damman Croes itself.
Directors
According to the 2025 annual accounts
Diederich Gildemyn
Managing director
since 2020
Beda Belpeer
Managing director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Esenweg 200
8600 Diksmuide
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.781.887
- VAT number
- BE 0415.781.887
- Registered office
- Esenweg 200, 8600 Diksmuide
- Names & denominations
- West Engineering & Consulting · WEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 1975
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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