Financials
Financial year 2025
WESTGAS IEPER from Ieper, company number BE0431039096, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year WESTGAS IEPER recorded a gross margin of € 2.1 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.3 million. 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 September 30, 2026.
€ 1.5 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
78 % of the profit went to the shareholders, mostly to wgi invest (99 % of the shares). That is where the money ends up.
People and assets in 2025
4.1
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 256,734
▼ 27% vs 2024
€ 62,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 320,941
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 307,794
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 359,863
▲ 101% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,537,934 | € 1,775,040 | € 2,018,867 | € 2,129,810 | ▲ 5% |
| Profit after taxes | € 744,279 | € 1,215,479 | € 1,206,085 | € 1,278,788 | ▲ 6% |
| Equity | € 833,427 | € 1,048,907 | € 1,254,992 | € 1,533,780 | ▲ 22% |
| Total debts | € 2,637,491 | € 2,798,813 | € 3,093,384 | € 2,580,272 | ▼ 17% |
| Cash | € 1,393,035 | € 1,434,246 | € 1,693,102 | € 1,615,453 | ▼ 5% |
| Land & buildings | € 199,252 | € 201,227 | € 196,072 | € 190,918 | ▼ 3% |
| Retained profit | € 758,427 | € 973,907 | € 1,179,992 | € 1,458,780 | ▲ 24% |
| Dividend | € 850,000 | € 1,000,000 | € 1,000,000 | € 1,000,000 | |
| Balance sheet total | € 4,064,590 | € 4,413,892 | € 4,933,942 | € 4,750,844 | ▼ 4% |
| Employees (FTE) | 5.3 | 4.7 | 4.9 | 4.1 | ▼ 0.8 |
Key figures of WESTGAS IEPER, 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 WESTGAS IEPER?
What happened at WESTGAS IEPER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 6% vs 2024). filed late Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 744,279 profit in 2022 to € 1.3 million profit in 2025.
Paid € 746,207 in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
On average € 519,500 of value added per employee in 2025.
Management
The stake of wgi invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WESTGAS IEPERBehind WESTGAS IEPER are STELLAR BV, WGI INVEST BV, TOEKAN BV and FIEZIK BV. The shares are held by wgi invest (99.3%).
Directors
According to the 2025 annual accounts
Director · represented by Jean-Yves VANDEN BROUCKE
Director · represented by Nele CARPENTIER
Director · represented by Gert-Jan CARPENTIER
Shareholders
99.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwaanhofweg 4
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0431.039.096
- VAT number
- BE 0431.039.096
- Registered office
- Zwaanhofweg 4, 8900 Ieper
- Names & denominations
- WESTGAS IEPER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 1987
- Peppol
- Active · Active since 21 Oct 2025
- Contact
- wgi.be
- Activities · NACE
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