Financials
Financial year 2025
WESTCO from Elsene, company number BE0438872144, closed financial year 2025 with a result of € 46,461 after tax. For that financial year WESTCO recorded a gross margin of € 192,907 and equity of € 516,011. Compared with financial year 2024, the result moved from € 104 to € 46,461. Profitable, and profit is growing. The buffer shrank hard: equity is 75 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 516,011
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,461
▲ € 46,357 vs 2024
Profit after tax over the fiscal year.
€ 155,802
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 453,085.
People and assets in 2025
€ 11,463
▼ 86% 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.
€ 1,196
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,517
▲ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 996,136 | € 122,395 | € 163,718 | € 192,907 | ▲ 18% |
| Profit after taxes | € 690,353 | € 42,411 | € 104 | € 46,461 | ▲ € 46,357 |
| Equity | € 2,045,491 | € 2,087,902 | € 2,088,006 | € 516,011 | ▼ 75% |
| Total debts | € 56,757 | € 37,966 | € 167,912 | € 48,661 | ▼ 71% |
| Cash | € 1,360,847 | € 509,395 | € 121,790 | € 155,802 | ▲ 28% |
| Land & buildings | € 269,545 | € 282,545 | € 2,240,759 | € 582,177 | ▼ 74% |
| Retained profit | € 1,772,387 | € 1,814,798 | € 1,814,902 | € 453,085 | ▼ 75% |
| Bank debt | € 33,473 | € 2,664 | € 0 | € 0 | |
| Balance sheet total | € 2,324,802 | € 2,337,965 | € 2,459,053 | € 767,806 | ▼ 69% |
Key figures of WESTCO, 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 October 2026.
What happened to WESTCO?
What happened at WESTCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,461 (▲ € 46,357 vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 690,353 profit in 2022 to € 46,461 profit in 2025.
Paid € 63,897 in corporate taxes since 2022.
Best year ever: 2022, with € 690,353 profit.
A new publication or filing at WESTCO? We notify you, reason included.
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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
Behind WESTCO are Wout Westen, Marcel Westen, Paul Westen and Provvidenza Samuele. Marcel Westen is also behind Rareconsult.eu.
Directors
According to the 2025 annual accounts
Wout Westen
Director
Paul Westen
Director
Provvidenza Samuele
Director
Establishments
Establishment units
Physical locations of this company
Hector Denisstraat 47 A
1050 Elsene
Hector Denisstraat 47A
1050 Elsene
Active since 11 December 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.872.144
- VAT number
- BE 0438.872.144
- Registered office
- Hector Denisstraat 47 A, 1050 Elsene
- Names & denominations
- WESTCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 November 1989
- Peppol
- Active · Active since 10 Jan 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen