Financials
Financial year 2025
WESTVACO from Grimbergen, company number BE0442284267, closed financial year 2025 with a result of € 266,119 after tax. For that financial year WESTVACO recorded a gross margin of € 500,563 and equity of € 3 million. Compared with financial year 2024, the result moved from € 129,689 to € 266,119. 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 June 16, 2026.
€ 3 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 266,119
▲ 105% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 259,275 | € 236,192 | € 239,739 | € 500,563 | ▲ 109% |
| Profit after taxes | € 163,902 | € 143,825 | € 129,689 | € 266,119 | ▲ 105% |
| Equity | € 2,475,253 | € 2,619,078 | € 2,748,767 | € 3,014,886 | ▲ 10% |
| Total debts | € 1,302,120 | € 1,251,138 | € 0 | € 30,000 | |
| Cash | € 166,543 | € 238,964 | € 378,833 | - | |
| Land & buildings | € 2,365,110 | € 2,365,110 | € 2,365,110 | € 2,365,110 | |
| Retained profit | € 2,375,253 | € 2,519,078 | € 2,648,767 | € 2,914,886 | ▲ 10% |
| Balance sheet total | € 3,777,373 | € 3,870,216 | € 2,748,767 | € 3,044,886 | ▲ 11% |
Key figures of WESTVACO, 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 WESTVACO?
What happened at WESTVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Claudia ALBERTINI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 266,119 (▲ 105% vs 2024). Source: NBB ↗
- Claudia ALBERTINI became a director. NBB
- Morgan MALECOTTE stepped down as director. NBB
- Raphaël LHOTE became a director. NBB
- Morgan MALECOTTE became a director. NBB
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 163,902 profit in 2022 to € 266,119 profit in 2025.
Paid € 234,081 in corporate taxes since 2022.
Best year ever: 2025, with € 266,119 profit.
Management
The stake of HOLCIM (BELGIQUE) - HOLCIM (BELGIE) comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WESTVACOBehind WESTVACO is Raphaël LHOTE. The shares are held by HOLCIM (BELGIQUE) - HOLCIM (BELGIE) (100%).
Directors
According to the 2025 annual accounts
Raphaël LHOTE
Director
Also active at: FEDERATION DES INDUSTRIES EXTRACTIVES ET TRANSFORMATRICES DE ROCHES NON COMBUSTIBLES - VERBOND VAN ONTGINNINGS EN VERDELINGSBEDRIJVEN VAN ONBRANDBARE GESTEENTEN, MARK DESMEDT
since 2025
since 2026 · until 2031
since 2024 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Westvaartdijk 73
1850 Grimbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.284.267
- VAT number
- BE 0442.284.267
- Registered office
- Westvaartdijk 73, 1850 Grimbergen
- Names & denominations
- WESTVACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 1990
- Peppol
- Active · Active since 8 Sept 2025