Financials
Financial year 2025
Gross margin
€ 2.9 million
▲ 11% vs 2024
Profit
Growing€ 741,383
▲ 28% vs 2024
Debts
Low€ 829,465
▼ 32% vs 2024
WESTELEC from Ieper, company number BE0466516550, closed financial year 2025 with a result of € 741,383 after tax. For that financial year WESTELEC recorded a gross margin of € 2.9 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 579,444 to € 741,383. 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 24, 2026.
What happened at WESTELEC?
What happened at WESTELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- René Schepens stepped down as director. NBB
- Johny Jonckheere stepped down as director. NBB
- Wouter Baert stepped down as director. NBB
- Christian Corijn stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 741,383 (▲ 28% vs 2024). Source: NBB ↗
- Johny Jonckheere became a director. NBB
- Wouter Baert became a director. NBB
- Christian Corijn became a director. NBB
In short
From € 288,471 loss in 2021 to € 741,383 profit in 2025.
Paid € 480,659 in corporate taxes since 2021.
Best year ever: 2025, with € 741,383 profit.
On average € 117,100 of value added per employee in 2025.
A new publication or filing at WESTELEC? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Directors
According to the 2025 annual accounts
René Schepens
Chairman of the board
Also active at: Chauffage Coussement, VDC ROESELARE, ATS Antwerp +27 more
since 2020 · until 2026
since 2024 · until 2026
Wouter Baert
Managing director
since 2023 · until 2026
Christian Corijn
Director
Also active at: VDC ROESELARE, ATS Antwerp, ALGEMENE ELEKTRICITEIT DE MULDER +13 more
since 2022 · until 2026
Establishments
Establishment units
Physical locations of this company
Paddevijverstraat 50
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
Details
- Company number
- 0466.516.550
- VAT number
- BE 0466.516.550
- Registered office
- Paddevijverstraat 50, 8900 Ieper
- Names & denominations
- WESTELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 August 1999
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- info@westelec.be 057/21.36.70
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie