Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 31.6 to 0.
Financials
Financial year 2025
WEST LOGISTICS from Laakdal, company number BE0461620228, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year WEST LOGISTICS recorded a gross margin of € 1.2 million and equity of € 30.3 million. Compared with financial year 2024, the result moved from € 574,422 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 July 7, 2026.
€ 30.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 118% vs 2024
Profit after tax over the fiscal year.
€ 0
Cash and bank balances on the last day of the fiscal year.
€ 545,702 paid out
44 % of the profit went to the shareholders, mostly to Katoen Natie International SA (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
▼ 7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4,362
▼ € 1.9 million vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 57,825
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,326,809 | € 3,194,905 | € 2,029,158 | € 1,229,564 | ▼ 39% |
| Profit after taxes | € 137,071 | € 545,676 | € 574,422 | € 1,252,521 | ▲ 118% |
| Equity | € 29,115,195 | € 29,530,653 | € 29,586,684 | € 30,293,503 | ▲ 2% |
| Total debts | € 32,386,260 | € 1,372,296 | € 110,344 | € 57,825 | ▼ 48% |
| Cash | € 955 | € 0 | € 0 | € 0 | |
| Retained profit | € 312,608 | € 728,067 | € 784,097 | € 1,490,917 | ▲ 90% |
| Dividend | € 98,349 | € 130,218 | € 518,393 | € 545,702 | ▲ 5% |
| Bank debt | € 31,834,286 | € 892,857 | € 0 | € 0 | |
| Balance sheet total | € 61,502,664 | € 30,902,950 | € 29,697,027 | € 30,351,328 | ▲ 2% |
| Employees (FTE) | 33.8 | 31.6 | 7 | 0 | ▼ 7 |
Key figures of WEST LOGISTICS, 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 WEST LOGISTICS?
What happened at WEST LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alfons Moermans stepped down as director. NBB
- Ian Borgenon stepped down as director. NBB
- CommV ATFS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 118% vs 2024). Source: NBB ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- New establishment in Seneffe. KBO
- New establishment in Antwerpen. KBO
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
In short
From € 137,071 profit in 2022 to € 1.3 million profit in 2025.
Paid € 54,179 in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
On average € 289,900 of value added per employee in 2024.
Management
The shares are held by Katoen Natie International SA (100%).
Directors
According to the 2025 annual accounts
Alfons Moermans
Director
since 2026 · until 2027
Ian Borgenon
Director
since 2026 · until 2027
Director · represented by Tom Berghmans
Also active at: KATOEN NATIE KEMPEN, Katoen Natie Haventransport, KEMPEN TRANSPORT SERVICES, Katoen Natie Energy, Langen Transport Belgium, Coil Transport Solution
since 2026 · until 2027
Shareholders
Katoen Natie International SA
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kanaalweg 17
2430 Laakdal
Ketenislaan(KAL) 1
9130 Beveren-Kruibeke-Zwijndrecht
Active since 28 October 1997
Vitshoekstraat 7
2070 Beveren-Kruibeke-Zwijndrecht
Active since 20 April 2026
Parc Industriel de Feluy .
7181 Seneffe
Active since 20 April 2026
Luithagen-Haven 9
2030 Antwerpen
Active since 20 April 2026
Haandorpweg(KAL) 1
9130 Beveren-Kruibeke-Zwijndrecht
Active since 20 April 2026
Slakweidestraat(M) 43
3630 Maasmechelen
Active since 20 April 2026
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
- 0461.620.228
- VAT number
- BE 0461.620.228
- Registered office
- Kanaalweg 17, 2430 Laakdal
- Names & denominations
- WEST LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 1997
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Goederenvervoer over de weg
Vrachtbehandeling in zeehavens
Overige vrachtbehandeling, exclusief in zeehavens
Logistieke diensten
Bevrachting
Overige vrachtbehandeling
Overige vervoerondersteunende activiteiten