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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Westendse Bouwmaatschappij from Middelkerke, company number BE0416802862, closed financial year 2025 with a result of € 958,842 after tax. For that financial year Westendse Bouwmaatschappij recorded a gross margin of € 604,707 and equity of € 72,586. Compared with financial year 2024, the result moved from € 3.5 million to € 958,842. The company is profitable. The buffer shrank hard: equity is 98 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 72,586
▼ 98% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 958,842
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 301,634
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 16,397
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5,359
▼ 66% vs 2024
Loans from banks and other lenders, long and short.
€ 66,675
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 613,276 | € 905,293 | € -177,545 | € 604,707 | ▲ € 782,252 |
| Profit after taxes | € 314,211 | € 338,349 | € 3,480,061 | € 958,842 | ▼ 72% |
| Equity | € 1,502,749 | € 4,315,799 | € 4,195,860 | € 72,586 | ▼ 98% |
| Total debts | € 14,083,668 | € 9,268,245 | € 2,480,859 | € 2,760,342 | ▲ 11% |
| Cash | € 5,017,922 | € 3,218,572 | € 1,390,905 | € 301,634 | ▼ 78% |
| Retained profit | € 440,749 | € 753,799 | € 633,860 | € 11,086 | ▼ 98% |
| Dividend | € 0 | € 0 | € 3,600,000 | € 1,581,615 | ▼ 56% |
| Bank debt | € 425,759 | € 109,210 | € 15,974 | € 5,359 | ▼ 66% |
| Balance sheet total | € 16,156,416 | € 14,418,044 | € 7,402,718 | € 3,492,928 | ▼ 53% |
Key figures of Westendse Bouwmaatschappij, 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 Westendse Bouwmaatschappij?
What happened at Westendse Bouwmaatschappij in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kustverhuurbedrijf Westende BV stepped down as director. NBB
- Dobbelaere-Dewulf Invest BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 958,842 (▼ 72% vs 2024). Source: NBB ↗
- Kustverhuurbedrijf Westende BV became a director. NBB
- Dobbelaere-Dewulf Invest BV became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 314,211 profit in 2022 to € 958,842 profit in 2025.
Paid € 327,524 in corporate taxes since 2022.
Best year ever: 2024, with € 3.5 million profit.
Paid out € 5.2 million in dividends to the owners in total.
Management
The stake of Dobbelaere-Dewulf Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Westendse BouwmaatschappijThe shares are held by Dobbelaere-Dewulf Invest (100%). It owns 100% of Zon en Zee New NV, 100% of Westbay 2 and 100% of Westbay 3 itself.
Directors
According to the 2025 annual accounts
Kustverhuurbedrijf Westende BV
Managing director · represented by Christiane Dewulf
Also active at: Dobbelaere-Dewulf Invest, Zon en Zee New, Zon en Zee Uitbreiding, Westbay 2, Westbay 3
since 2024 · until 2029
Director · represented by Louis Dobbelaere
Also active at: Zon en Zee New, OMEGA PROPERTIES
since 2024 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Essex Scottishlaan 49
8434 Middelkerke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Dobbelaere-Dewulf Invest same network
€ -99,932 gross margin · 2025
KUSTVERHUURBEDRIJF WESTENDE same network
€ -3,716 gross margin · 2025
Zon en Zee New same network
€ 16,141 gross margin · 2025
FAMILIE DOBBELAERE
Vereniging van mede-eigenaars Garagecomplex West Bay, Westende, Essex Scottishlaan 49
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.802.862
- VAT number
- BE 0416.802.862
- Registered office
- Essex Scottishlaan 49, 8434 Middelkerke
- Names & denominations
- Westendse Bouwmaatschappij · WBM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 1976
- Peppol
- Active · Active since 9 Apr 2025
- Activities · NACE
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