Financials
Financial year 2025
ENERGIEWEST from Ichtegem, company number BE0704834662, closed financial year 2025 with a result of € 143,214 after tax. For that financial year ENERGIEWEST recorded a gross margin of € 302,291 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 63,341 to € 143,214. Profitable, and profit is growing. 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 March 31, 2026.
€ 1.3 million
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 143,214
▲ 126% vs 2024
Profit after tax over the fiscal year.
€ 517,374
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 93,140
▼ 59% vs 2024
€ 93,100 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.
€ 50,299
▼ 43% 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.
€ 127,113
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,654
▼ 63% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 704,377 | € 1,457,657 | € 391,645 | € 302,291 | ▼ 23% |
| Profit after taxes | € 485,556 | € 860,263 | € 63,341 | € 143,214 | ▲ 126% |
| Equity | € 910,603 | € 1,620,866 | € 1,684,207 | € 1,327,421 | ▼ 21% |
| Total debts | € 1,224,716 | € 718,387 | € 231,785 | € 150,435 | ▼ 35% |
| Cash | € 446,372 | € 587,406 | € 402,897 | € 517,374 | ▲ 28% |
| Land & buildings | € 40,396 | € 76,627 | € 84,816 | € 74,793 | ▼ 12% |
| Retained profit | € 904,403 | € 1,614,666 | € 1,678,007 | € 1,321,221 | ▼ 21% |
| Dividend | € 0 | € 150,000 | € 0 | € 500,000 | |
| Bank debt | € 229,227 | € 52,920 | € 84,145 | € 0 | ▼ 100% |
| Balance sheet total | € 2,135,320 | € 2,339,253 | € 1,915,992 | € 1,477,856 | ▼ 23% |
| Employees (FTE) | 1.5 | 2.9 | 2.9 | 1 | ▼ 1.9 |
Key figures of ENERGIEWEST, 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 April 2027.
What happened to ENERGIEWEST?
What happened at ENERGIEWEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 143,214 (▲ 126% vs 2024). Source: NBB ↗
- CECAM CAPITAL BV became a director. NBB
- New establishment in Ichtegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 485,556 profit in 2022 to € 143,214 profit in 2025.
Paid € 493,686 in corporate taxes since 2022.
Best year ever: 2023, with € 860,263 profit.
On average € 302,300 of value added per employee in 2025.
Management
Behind ENERGIEWEST is CECAM CAPITAL BV. CECAM CAPITAL BV is also behind ECOSOL+, intuEdrive and StepKo.
Directors
According to the 2025 annual accounts
Director · represented by MICHAEL SMOLDERS
Also active at: ECOSOL+, intuEdrive, StepKo
since 2026
Establishments
Establishment units
Physical locations of this company
Oostendesteenweg(FEER) 149
8480 Ichtegem
Oostendesteenweg(FICH) 149
8480 Ichtegem
Active since 20 September 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0704.834.662
- VAT number
- BE 0704.834.662
- Registered office
- Oostendesteenweg(FEER) 149, 8480 Ichtegem
- Names & denominations
- ENERGIEWEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2018
- Peppol
- Active · Active since 17 Jun 2025
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