Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
WESTPAILLE from Oudenburg, company number BE0477048572, closed financial year 2025 with a result of € 58,004 after tax. For that financial year WESTPAILLE recorded revenue of € 1.8 million and equity of € 660,092. Compared with financial year 2024, the result moved from € 119,895 to € 58,004. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 660,092
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,004
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 196,454
▲ 133% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.8
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 397,278
▲ 75% vs 2024
€ 82,800 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.
€ 10,212
▼ 51% 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.
€ 264,656
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,927
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,058,711 | € 1,827,314 | ▲ 73% |
| Gross margin | € 672,231 | € 691,865 | € 415,593 | € 569,107 | ▲ 37% |
| Profit after taxes | € 158,123 | € 159,233 | € 119,895 | € 58,004 | ▼ 52% |
| Equity | € 804,061 | € 833,294 | € 702,088 | € 660,092 | ▼ 6% |
| Total debts | € 358,958 | € 396,409 | € 280,639 | € 412,291 | ▲ 47% |
| Cash | € 196,864 | € 268,145 | € 84,353 | € 196,454 | ▲ 133% |
| Land & buildings | € 485,901 | € 451,554 | € 434,380 | € 400,033 | ▼ 8% |
| Retained profit | € 785,461 | € 814,694 | € 683,488 | € 641,492 | ▼ 6% |
| Dividend | € 130,000 | € 130,000 | € 251,100 | € 100,000 | ▼ 60% |
| Bank debt | € 27,986 | € 4,022 | € 0 | € 0 | |
| Balance sheet total | € 1,163,018 | € 1,229,703 | € 982,727 | € 1,072,384 | ▲ 9% |
| Employees (FTE) | 5.4 | 5.3 | 5.3 | 4.8 | ▼ 0.5 |
Key figures of WESTPAILLE, fiscal years 2023 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 WESTPAILLE?
What happened at WESTPAILLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 58,004 (▼ 52% vs 2024). Source: NBB ↗
- Roger Grauwet stepped down as director. NBB
- Carivaro BV became a director. NBB
- Shatal BV became a director. NBB
- Roger Grauwet became a director. NBB
- New establishment in Oudenburg. KBO
- Start of the company according to the CBE. KBO
In short
From € 158,123 profit in 2023 to € 58,004 profit in 2025.
Paid € 80,530 in corporate taxes since 2023.
Best year ever: 2024, with € 159,233 profit.
On average € 118,600 of value added per employee in 2025.
Management
The stake of ROOSE, CARIVARO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WESTPAILLEBehind WESTPAILLE are Carivaro BV and Shatal BV. The shares are held by ROOSE (100%) and CARIVARO (99.7%).
Directors
According to the 2025 annual accounts
since 2024
Director · represented by Tom Mariën
Also active at: ROOSE, Dierenartsenpraktijk Hendrikx - Deuss, ECG Clinics, Zoolyx, EQUINE CARE GROUP, EQUITOM LIEGE, REVERDY BENELUX, ECG Labs +4 more
since 2024
Roger Grauwet
Director
since 2022 · until 2025
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gistelsesteenweg 160
8460 Oudenburg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0477.048.572
- VAT number
- BE 0477.048.572
- Registered office
- Gistelsesteenweg 160, 8460 Oudenburg
- Names & denominations
- WESTPAILLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 2002
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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