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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
White Field Development from Gistel, company number BE0428561935, closed financial year 2025 with a result of € 169,620 after tax. For that financial year White Field Development recorded a gross margin of € 161,870 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 290,411 to € 169,620. 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 April 13, 2026.
€ 1.3 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 169,620
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 324,683
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 75,000 paid out
44 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,773
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,200,142 | € 744,861 | € 324,676 | € 161,870 | ▼ 50% |
| Profit after taxes | € 1,053,109 | € 664,828 | € 290,411 | € 169,620 | ▼ 42% |
| Equity | € 793,963 | € 1,033,792 | € 1,194,202 | € 1,288,822 | ▲ 8% |
| Total debts | € 615,550 | € 490,195 | € 147,895 | € 93,658 | ▼ 37% |
| Cash | € 1,336,252 | € 1,247,310 | € 246,753 | € 324,683 | ▲ 32% |
| Land & buildings | € 771 | € 771 | € 771 | € 771 | |
| Retained profit | € 732,463 | € 972,292 | € 1,132,702 | € 1,227,322 | ▲ 8% |
| Dividend | € 600,000 | € 425,000 | € 130,000 | € 75,000 | ▼ 42% |
| Balance sheet total | € 1,409,513 | € 1,523,986 | € 1,342,097 | € 1,382,480 | ▲ 3% |
Key figures of White Field Development, 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 White Field Development?
What happened at White Field Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 169,620 (▼ 42% vs 2024). Source: NBB ↗
- Elymus BV became a director. NBB
- Stijn Van Opstal BV became a director. NBB
- Despiegelaere Projects NV became a director. NBB
- Verhelst Group BV became a director. NBB
- Graco BV became a director. NBB
- New establishment in Oudenburg. KBO
- New establishment in Oostende. KBO
In short
From € 1.1 million profit in 2022 to € 169,620 profit in 2025.
Paid € 312,429 in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
Paid out € 1.2 million in dividends to the owners in total.
Management
The stake of GRACO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
White Field DevelopmentBehind White Field Development are Stijn Van Opstal BV, Elymus BV, Despiegelaere Projects NV, Verhelst Group BV and Graco BV. The shares are held by GRACO (20%).
Directors
According to the 2025 annual accounts
Director · represented by Stijn Van Opstal
since 2023
Director · represented by Geert Bogaert
since 2026
Director · represented by Siska Dedeyne
Also active at: POC Partners, LaVie, ZANDVOORDE GREEN INVEST, Despiegelaere Promotions
since 2023
Director · represented by Johan Verhelst
Also active at: VERHELST AANNEMINGEN, Steenbakkerij van Snaaskerke, Top-Mix, Transport Janssens, Verhelst Immo, EUROPEAN PORT SERVICES, OPC EUROPE, DE WITTE-VANDECAVEYE +11 more
since 2023
Director · represented by Roger Grauwet
Also active at: PGS RODANAR PALLETS, PGS De Backer Pallets, PGS MATON, PGS SPECIAL PACKAGING, Nails Of Flanders, PGS RECON, PGS Rec Belgium, Demey Ronse +3 more
since 2023
Shareholders
20%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Torhoutse Baan 5 box 2
8470 Gistel
Stationsstraat 30
8460 Oudenburg
Active since 24 March 2016
Oudenburgsesteenweg 106
8400 Oostende
Active since 24 March 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →FINIMMO 9600
€ 32,627 gross margin · 2025
PGS RODANAR PALLETS same network
€ 50.5 million revenue · 2025
PGS De Backer Pallets same network
€ 49.3 million revenue · 2025
PGS SPECIAL PACKAGING same network
€ 209,625 gross margin · 2025
PGS RDB Pallets
€ 163 million revenue · 2025
+16 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
- 0428.561.935
- VAT number
- BE 0428.561.935
- Registered office
- Torhoutse Baan 5 bus 2, 8470 Gistel
- Names & denominations
- White Field Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 1986
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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