Financials
Financial year 2026
WESTEL from Westerlo, company number BE0427331916, closed financial year 2026 with a result of € 6,506 after tax. For that financial year WESTEL recorded a gross margin of € 43,536 and equity of € 566,778. Compared with financial year 2025, the result moved from € 3,296 to € 6,506. 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 October 20, 2026.
€ 566,778
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,506
▲ 97% vs 2025
Profit after tax over the fiscal year.
€ 61,014
▲ 40% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 560,581.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 911
▼ 44% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 6,506
▲ 26% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 45,922 | € 46,366 | € 42,324 | € 43,536 | ▲ 3% |
| Profit after taxes | € 6,486 | € 4,482 | € 3,296 | € 6,506 | ▲ 97% |
| Equity | € 552,493 | € 556,976 | € 560,272 | € 566,778 | ▲ 1% |
| Total debts | € 150,583 | € 119,253 | € 93,812 | € 87,112 | ▼ 7% |
| Cash | € 44,177 | € 43,093 | € 43,460 | € 61,014 | ▲ 40% |
| Land & buildings | € 670,365 | € 650,781 | € 631,197 | € 611,612 | ▼ 3% |
| Retained profit | € 533,893 | € 550,779 | € 554,075 | € 560,581 | ▲ 1% |
| Bank debt | € 49,668 | € 27,631 | € 5,591 | € 0 | ▼ 100% |
| Balance sheet total | € 748,073 | € 719,030 | € 694,691 | € 692,302 |
Key figures of WESTEL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to WESTEL?
What happened at WESTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 6,506 (▲ 97% vs 2025). Source: NBB ↗
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,486 profit in 2023 to € 6,506 profit in 2026.
Paid € 23,045 in corporate taxes since 2023.
Best year ever: 2026, with € 6,506 profit.
Management
Behind WESTEL are Lodewijk Cloots and Gust Cloots. Gust Cloots is also behind ELITE VIDEO, ELITE VIDEO GROEP, BARBLOEM, STUDIO SOLARE and FILMHUIS.
Directors
According to the 2026 annual accounts
Lodewijk Cloots
Director
Gust Cloots
Director
Also active at: ELITE VIDEO, ELITE VIDEO GROEP, BARBLOEM, STUDIO SOLARE, FILMHUIS, AUTOPROF
Establishments
Establishment units
Physical locations of this company
Boerenkrijglaan 159
2260 Westerlo
Eugeen Woutersstraat 47
2220 Heist-op-den-Berg
Active since 18 June 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →NATIONAL ADVERTISING PRODUCTIONS
ELITE VIDEO same network
€ 215,773 gross margin · 2025
ELITE VIDEO GROEP same network
€ -2,280 gross margin · 2025
BARBLOEM same network
€ 8,182 gross margin · 2025
PUFFS
€ -1,503 gross margin · 2025
+1 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
- 0427.331.916
- VAT number
- BE 0427.331.916
- Registered office
- Boerenkrijglaan 159, 2260 Westerlo
- Names & denominations
- WESTEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 1985
- Peppol
- Active · Active since 3 Feb 2026