Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Participo CM West-Vlaanderen from Oostende, company number BE0417992794, closed financial year 2025 with a result of € 442,794 after tax. For that financial year Participo CM West-Vlaanderen recorded a gross margin of € 3.6 million and equity of € 107.2 million. Compared with financial year 2024, the result moved from € 4.4 million to € 442,794. The company is profitable. 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 4, 2026.
€ 107.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 442,794
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 755,570
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 29,200
▲ 104% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.1 million
▼ 11% vs 2024
€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1 million
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,742
▼ 37% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,423,050 | € 1,526,329 | € 3,172,284 | - | |
| Gross margin | € 1,247,290 | € 1,139,506 | € 2,906,704 | € 3,615,702 | ▲ 24% |
| Profit after taxes | € -652,797 | € 934,943 | € 4,378,132 | € 442,794 | ▼ 90% |
| Equity | € 42,578,858 | € 43,513,801 | € 106,767,719 | € 107,210,513 | |
| Total debts | € 2,135,950 | € 13,710,260 | € 41,412,931 | € 34,000,187 | ▼ 18% |
| Cash | € 282,163 | € 644,263 | € 6,952,751 | € 755,570 | ▼ 89% |
| Land & buildings | € 20,830,217 | € 20,149,293 | € 64,467,154 | € 71,555,565 | ▲ 11% |
| Retained profit | € 5,647,597 | € 6,582,540 | € 16,530,835 | € 16,973,629 | ▲ 3% |
| Bank debt | € 0 | € 10,212,684 | € 13,652,570 | € 12,084,463 | ▼ 11% |
| Balance sheet total | € 44,714,809 | € 57,224,061 | € 148,180,650 | € 141,210,700 | ▼ 5% |
Key figures of Participo CM West-Vlaanderen, 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 Participo CM West-Vlaanderen?
What happened at Participo CM West-Vlaanderen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philiep DOUCHY stepped down as director. NBB
- Veerle DE ZUTTER stepped down as director. NBB
- Jozef DEMAREST stepped down as director. NBB
- Sabine SEYNAEVE stepped down as director. NBB
- Daisy RYCKX stepped down as director. NBB
- Lieven VAN DE MEULEBROEKE stepped down as director. NBB
- Mathias VERLEE stepped down as director. NBB
- Gino WERBROUCK stepped down as director. NBB
In short
From € 652,797 loss in 2022 to € 442,794 profit in 2025.
Best year ever: 2024, with € 4.4 million profit.
A new publication or filing at Participo CM West-Vlaanderen? We notify you, reason included.
Follow Participo CM West-VlaanderenDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Directors
According to the 2025 annual accounts
Philiep DOUCHY
Director
since 2023 · until 2028
Veerle DE ZUTTER
Director
since 2023 · until 2028
Jozef DEMAREST
Director
since 2023 · until 2028
since 2025 · until 2028
since 2025 · until 2028
Lieven VAN DE MEULEBROEKE
Director
Also active at: Sociaal Ondernemen en Sociale Beweging CM-regio West-Vlaanderen
since 2023 · until 2028
Mathias VERLEE
Director
since 2023 · until 2028
Gino WERBROUCK
Director
since 2024 · until 2028
An CASTELEYN
Director
Also active at: Haven Oostende, Sociaal Ondernemen en Sociale Beweging CM-regio West-Vlaanderen, BEWESOL, Volkszorg Oostende-Veurne-Diksmuide, Het Wit-Gele Kruis van West-Vlaanderen, WSM, SQUATINA, Samana, vereniging zonder winstoogmerk +3 more
since 2023 · until 2028
since 2023 · until 2028
since 2024 · until 2028
since 2023 · until 2028
Pia STALPAERT
Director
Also active at: De Christelijke Sociale Werken van het Arrondissement Brussel, CAISSE DES CONGES PAYES DE L'ALIMENTATION BELGE, Ieders Welzijn, VORMINGSINSTELLING VOOR ARBEIDERS, KARTUIZER CENTER
since 2026 · until 2028
Dirk LALEMAN
Director
Also active at: Volkszorg Oostende-Veurne-Diksmuide, SQUATINA, DE VLEUGELS, ADL CLUSTER OOSTENDE
since 2022 · until 2028
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Nieuwpoortsesteenweg 59
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0417.992.794
- VAT number
- BE 0417.992.794
- Registered office
- Nieuwpoortsesteenweg 59, 8400 Oostende
- Names & denominations
- Participo CM West-Vlaanderen · Participo WVL
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 28 December 1977
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
Diensten in verband met vervoer te land
Overige ondersteunende activiteiten i.v.m. het vervoer te land