What does WESTHELLING do?

WESTHELLING is a hotel in Oostende. Public Limited, started on 24 October 2014, 2 establishments.

What is the address of WESTHELLING?

The registered office of WESTHELLING is located at Kursaal-Westhelling 5, 8400 Oostende.

Is WESTHELLING still active?

Yes. According to the CBE (29 October 2026) WESTHELLING is active, legal situation “Normale toestand”, started on 24 October 2014.

Is WESTHELLING registered on Peppol?

Yes, WESTHELLING is registered on the Peppol network with ID 0208:0565938877.

What is the enterprise number of WESTHELLING?

The enterprise number of WESTHELLING is BE0565938877.

When was WESTHELLING founded?

WESTHELLING was founded on 24 October 2014.

Who are the directors of WESTHELLING?

According to the 2025 annual accounts, the directors of WESTHELLING are: Vercaemst BV, Andromeda Invest NV, Depoorter Immobiliën NV.

Is WESTHELLING a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 October 2014; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did WESTHELLING make in 2025?

WESTHELLING posted a profit after taxes of € 1,836,319 in financial year 2025.

What is the revenue of WESTHELLING?

As a small company, WESTHELLING is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 5,096,187.

How much does an employee at WESTHELLING earn?

The average wage cost per full-time employee at WESTHELLING was € 52,300 in 2025: staff costs of € 2.5 million for 47 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does WESTHELLING have?

According to the 2025 annual accounts, WESTHELLING has 47 full-time equivalents (FTE).

WESTHELLING (Public Limited) - Oostende - BE0565938877

Dossier WESTHELLING, printed on 29 October 2026 from databakkes.be/en/0565938877/westhelling. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

WESTHELLING from Oostende, company number BE0565938877, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year WESTHELLING recorded a gross margin of € 5.1 million and equity of € 453,841. Compared with financial year 2024, the result moved from € 1.6 million to € 1.8 million. Profitable, and profit is growing. The buffer shrank hard: equity is 55 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.

What it is worth Shrank hard

€ 453,841

▼ 55% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.8 million

▲ 14% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 99,756

▼ 35% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2.4 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

▲ 0.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.5 million

€ 52,300 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.

Vehicles and equipment

€ 26,328

▲ 48% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 84,180

▼ 82% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 505,617

▲ 2% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 455,154

▲ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 3,111,687 Gross margin 2022: € 3,111,687 First fiscal year in the series	€ 4,443,148 Gross margin 2023: € 4,443,148 ▲ 43% vs 2022 (€ 3,111,687) Favourable step	€ 4,732,965 Gross margin 2024: € 4,732,965 ▲ 7% vs 2023 (€ 4,443,148) Favourable step	€ 5,096,187 Gross margin 2025: € 5,096,187 ▲ 8% vs 2024 (€ 4,732,965) Favourable step	▲ 8%
Profit after taxes	€ 704,268 Profit after taxes 2022: € 704,268 First fiscal year in the series	€ 1,481,579 Profit after taxes 2023: € 1,481,579 ▲ 110% vs 2022 (€ 704,268) Favourable step	€ 1,611,280 Profit after taxes 2024: € 1,611,280 ▲ 9% vs 2023 (€ 1,481,579) Favourable step	€ 1,836,319 Profit after taxes 2025: € 1,836,319 ▲ 14% vs 2024 (€ 1,611,280) Favourable step	▲ 14%
Equity	€ 624,662 Equity 2022: € 624,662 First fiscal year in the series	€ 1,206,241 Equity 2023: € 1,206,241 ▲ 93% vs 2022 (€ 624,662) Favourable step	€ 1,017,521 Equity 2024: € 1,017,521 ▼ 16% vs 2023 (€ 1,206,241) Unfavourable step	€ 453,841 Equity 2025: € 453,841 ▼ 55% vs 2024 (€ 1,017,521) Unfavourable step	▼ 55%
Total debts	€ 1,511,349 Total debts 2022: € 1,511,349 First fiscal year in the series	€ 1,333,851 Total debts 2023: € 1,333,851 ▼ 12% vs 2022 (€ 1,511,349) Favourable step	€ 1,691,061 Total debts 2024: € 1,691,061 ▲ 27% vs 2023 (€ 1,333,851) Unfavourable step	€ 1,222,383 Total debts 2025: € 1,222,383 ▼ 28% vs 2024 (€ 1,691,061) Favourable step	▼ 28%
Cash	€ 422,312 Cash 2022: € 422,312 First fiscal year in the series	€ 353,034 Cash 2023: € 353,034 ▼ 16% vs 2022 (€ 422,312) Unfavourable step	€ 152,544 Cash 2024: € 152,544 ▼ 57% vs 2023 (€ 353,034) Unfavourable step	€ 99,756 Cash 2025: € 99,756 ▼ 35% vs 2024 (€ 152,544) Unfavourable step	▼ 35%
Land & buildings	€ 42,057 Land & buildings 2022: € 42,057 First fiscal year in the series	€ 42,262 Land & buildings 2023: € 42,262 Unchanged (€ 42,057) Unchanged	€ 30,948 Land & buildings 2024: € 30,948 ▼ 27% vs 2023 (€ 42,262) Unchanged	€ 22,602 Land & buildings 2025: € 22,602 ▼ 27% vs 2024 (€ 30,948) Unchanged	▼ 27%
Retained profit	€ 561,662 Retained profit 2022: € 561,662 First fiscal year in the series	€ 1,143,241 Retained profit 2023: € 1,143,241 ▲ 104% vs 2022 (€ 561,662) Favourable step	€ 954,521 Retained profit 2024: € 954,521 ▼ 17% vs 2023 (€ 1,143,241) Unfavourable step	€ 390,841 Retained profit 2025: € 390,841 ▼ 59% vs 2024 (€ 954,521) Unfavourable step	▼ 59%
Dividend	€ 1,350,000 Dividend 2022: € 1,350,000 First fiscal year in the series	€ 900,000 Dividend 2023: € 900,000 ▼ 33% vs 2022 (€ 1,350,000) Unchanged	€ 1,800,000 Dividend 2024: € 1,800,000 ▲ 100% vs 2023 (€ 900,000) Unchanged	€ 2,400,000 Dividend 2025: € 2,400,000 ▲ 33% vs 2024 (€ 1,800,000) Unchanged	▲ 33%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 477,810 Bank debt 2024: € 477,810 Unchanged (€ 0) Unfavourable step	€ 84,180 Bank debt 2025: € 84,180 ▼ 82% vs 2024 (€ 477,810) Favourable step	▼ 82%
Balance sheet total	€ 2,136,011 Balance sheet total 2022: € 2,136,011 First fiscal year in the series	€ 2,540,092 Balance sheet total 2023: € 2,540,092 ▲ 19% vs 2022 (€ 2,136,011) Unchanged	€ 2,708,583 Balance sheet total 2024: € 2,708,583 ▲ 7% vs 2023 (€ 2,540,092) Unchanged	€ 1,676,223 Balance sheet total 2025: € 1,676,223 ▼ 38% vs 2024 (€ 2,708,583) Unchanged	▼ 38%
Employees (FTE)	45.5 Employees (FTE) 2022: 45.5 First fiscal year in the series	43.6 Employees (FTE) 2023: 43.6 ▼ 1.9 vs 2022 (45.5) Unchanged	46.2 Employees (FTE) 2024: 46.2 ▲ 2.6 vs 2023 (43.6) Unchanged	47 Employees (FTE) 2025: 47 ▲ 0.8 vs 2024 (46.2) Unchanged	▲ 0.8

Key figures of WESTHELLING, 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 WESTHELLING?

What happened at WESTHELLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Vercaemst BV stepped down as director. NBB
2028 Andromeda Invest NV stepped down as director. NBB
2028 Depoorter Immobiliën NV stepped down as director. NBB
May 18, 2026 New annual accounts for financial year 2025: profit of € 1.8 million (▲ 14% vs 2024). Source: NBB ↗
Mar 29, 2024 New establishment in Oostende. KBO
2023 Vercaemst BV became a director. NBB
2023 Andromeda Invest NV became a director. NBB
2023 Depoorter Immobiliën NV became a director. NBB

In short

From € 704,268 profit in 2022 to € 1.8 million profit in 2025.

Paid € 2 million in corporate taxes since 2022.

Best year ever: 2025, with € 1.8 million profit.

On average € 108,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

6 STONES 33.3%

DEPOORTER IMMOBILIEN 33.3%

The stake of 6 STONES, DEPOORTER IMMOBILIEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

WESTHELLING

The shares are held by 6 STONES (33.3%) and DEPOORTER IMMOBILIEN (33.3%).

Directors

According to the 2025 annual accounts

Vercaemst BV

Managing director · represented by Xavier Vercaemst

Also active at: HOTEL HELIOS PATRIMONIUM, ACCENT Hotels, ANDROMEDA INVEST, HOTEL HELIOS INVEST, Hotel Helios, UPSTAIRS OOSTENDE PATRIMONIUM, UPSTAIRS OOSTENDE UITBATING, HOTEL INVESTMENT FUND +5 more

since 2023 · until 2028

Andromeda Invest NV

Director · represented by Katleen Spriet

Also active at: Andromeda Hotel

since 2023 · until 2028

Depoorter Immobiliën NV

Director · represented by Charles Depoorter

Also active at: Andromeda Hotel, HOTEL HELIOS PATRIMONIUM, BOUQUET, ANDROMEDA INVEST, HOTEL HELIOS INVEST, Hotel Helios, UPSTAIRS OOSTENDE PATRIMONIUM, UPSTAIRS OOSTENDE UITBATING +3 more

since 2023 · until 2028

Shareholders

6 STONES

33.3%

DEPOORTER IMMOBILIEN

33.3%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kursaal-Westhelling 5

8400 Oostende

2.372.255.358

Kursaal-Westhelling 4

8400 Oostende

Active since 29 March 2024

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 →

ANDROMEDA HOTEL same network

€ 1.6 million gross margin · 2025

ANDROWEST

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0565.938.877

VAT number

BE 0565.938.877

Registered office

Kursaal-Westhelling 5, 8400 Oostende

Names & denominations

WESTHELLING

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

24 October 2014

Peppol

Active · Active since 25 Mar 2026

Activities · NACE

Hotels en dergelijke accommodatie

Activiteiten van eetgelegenheden met volledige bediening

Organisatie van congressen en beurzen

Activiteiten van kuuroorden, sauna’s en stoombaden

Sauna's, solaria, baden enz.

Eetgelegenheden met volledige bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

WESTHELLING

Financials

What happened to WESTHELLING?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions