Financials
Financial year 2025
WEST-DECO from Oostkamp, company number BE0457880283, closed financial year 2025 with a result of € 652,583 after tax. For that financial year WEST-DECO recorded a gross margin of € 2.1 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 417,139 to € 652,583. 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 January 27, 2026.
€ 2.3 million
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 652,583
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 401,532
▲ 222% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
15 % of the profit went to the shareholders, mostly to VST GROUP (100 % of the shares). That is where the money ends up.
People and assets in 2025
19.2
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 3% vs 2024
€ 54,300 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.
€ 104,107
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,978
▼ 68% vs 2024
Loans from banks and other lenders, long and short.
€ 240,076
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 290,917
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,165,041 | - | - | - | |
| Gross margin | € 911,634 | € 1,587,140 | € 1,738,545 | € 2,084,268 | ▲ 20% |
| Profit after taxes | € 226,373 | € 645,022 | € 417,139 | € 652,583 | ▲ 56% |
| Equity | € 667,695 | € 1,312,717 | € 1,729,857 | € 2,282,440 | ▲ 32% |
| Total debts | € 728,149 | € 718,223 | € 488,460 | € 584,899 | ▲ 20% |
| Cash | € 315,292 | € 346,177 | € 124,687 | € 401,532 | ▲ 222% |
| Land & buildings | € 87,402 | € 174,231 | € 269,187 | € 251,625 | ▼ 7% |
| Retained profit | € 605,722 | € 1,250,744 | € 1,667,883 | € 2,220,466 | ▲ 33% |
| Dividend | € 0 | € 0 | € 0 | € 100,000 | |
| Bank debt | € 23,811 | € 115,481 | € 62,666 | € 19,978 | ▼ 68% |
| Balance sheet total | € 1,541,955 | € 2,177,052 | € 2,218,317 | € 2,867,339 | ▲ 29% |
| Employees (FTE) | 16 | 17.1 | 17.1 | 19.2 | ▲ 2.1 |
Key figures of WEST-DECO, 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 January 2027.
What happened to WEST-DECO?
What happened at WEST-DECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 652,583 (▲ 56% vs 2024). Source: NBB ↗
- LVS DECO COMMV became a director. NBB
- AVS DECO BV became a director. NBB
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 226,373 profit in 2022 to € 652,583 profit in 2025.
Paid € 728,527 in corporate taxes since 2022.
Best year ever: 2025, with € 652,583 profit.
On average € 108,600 of value added per employee in 2025.
Management
The stake of VST GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WEST-DECOBehind WEST-DECO are AVS DECO BV and LVS DECO COMMV. The shares are held by VST GROUP (100%).
Directors
According to the 2025 annual accounts
since 2023
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Akkerstraat 1 box 8
8020 Oostkamp
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0457.880.283
- VAT number
- BE 0457.880.283
- Registered office
- Akkerstraat 1 bus 8, 8020 Oostkamp
- Names & denominations
- WEST-DECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 1996
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Groothandel in textiel
Groothandel in huishoudtextiel en beddengoed
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.
Detailhandel in tapijten en andere vloerbedekking en wandbekleding
Detailhandel in verlichtingsartikelen
Detailhandel in artikelen voor verlichting en woninginrichting
Gespecialiseerde detailhandel in behang, vloerbedekking, vloerkleden en tapijt
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