Financials
Financial year 2026
ORIZON WEST from Roeselare, company number BE0431300701, closed financial year 2026 with a result of € 136,385 after tax. For that financial year ORIZON WEST recorded revenue of € 23.7 million and equity of € 3.2 million. Compared with financial year 2025, the result moved from € 325,520 to € 136,385. 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 October 28, 2026.
€ 3.2 million
▲ 11% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 136,385
▼ 58% vs 2025
Profit after tax over the fiscal year.
€ 251,023
▼ 20% 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 € 2.9 million.
People and assets in 2026
20.9
▲ 0.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 2% vs 2025
€ 75,100 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.
€ 415,437
▼ 22% vs 2025
Of which on lease € 129,068.
Debts at end 2026
€ 751,571
▼ 33% vs 2025
€ 280,289 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.9 million
▼ 19% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.
€ 274,692
▼ 25% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | - | € 21,734,747 | € 24,125,311 | € 23,657,831 | ▼ 2% |
| Gross margin | € 2,346,957 | - | - | - | |
| Profit after taxes | € 471,913 | € 370,888 | € 325,520 | € 136,385 | ▼ 58% |
| Equity | € 2,380,145 | € 2,648,638 | € 2,909,816 | € 3,220,854 | ▲ 11% |
| Total debts | € 3,452,780 | € 3,888,292 | € 4,023,850 | € 2,963,706 | ▼ 26% |
| Cash | € 316,705 | € 85,002 | € 313,803 | € 251,023 | ▼ 20% |
| Retained profit | € 2,269,302 | € 2,530,190 | € 2,795,709 | € 2,946,666 | ▲ 5% |
| Dividend | € 100,000 | € 110,000 | € 60,000 | € 0 | ▼ 100% |
| Bank debt | € 1,208,663 | € 1,286,788 | € 1,115,180 | € 751,571 | ▼ 33% |
| Balance sheet total | € 5,832,924 | € 6,577,165 | € 6,933,666 | € 6,184,560 | ▼ 11% |
| Employees (FTE) | 20.5 | 20.6 | 20.7 | 20.9 | ▲ 0.2 |
Key figures of ORIZON WEST, 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 ORIZON WEST?
What happened at ORIZON WEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc Bruneel stepped down as director. NBB
- Greta Demeulenaere stepped down as director. NBB
- MB Holding BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 136,385 (▼ 58% vs 2025). Source: NBB ↗
- Marc Bruneel became a director. NBB
- Greta Demeulenaere became a director. NBB
- MB Holding BV became a director. NBB
- New establishment in Roeselare. KBO
In short
From € 471,913 profit in 2023 to € 136,385 profit in 2026.
Paid € 349,183 in corporate taxes since 2023.
Best year ever: 2023, with € 471,913 profit.
On average € 114,500 of value added per employee in 2023.
Management
The stake of MB HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ORIZON WESTThe shares are held by MB HOLDING (99.9%).
Directors
According to the 2026 annual accounts
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Krommebeekpark 8
8800 Roeselare
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0431.300.701
- VAT number
- BE 0431.300.701
- Registered office
- Krommebeekpark 8, 8800 Roeselare
- Names & denominations
- ORIZON WEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 1987
- Peppol
- Active · Active since 3 Jul 2025
- Contact
- orizonwest.be
- Activities · NACE
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