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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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WESTDREEF from Oudenburg, company number BE0716813469, closed financial year 2025 with a result of € 4,036 after tax. For that financial year WESTDREEF recorded a gross margin of € 387,892 and equity of € 22,052. Compared with financial year 2024, the result moved from € 4,881 to € 4,036. The company is profitable. The buffer shrank hard: equity is 69 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 22,052
▼ 69% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,036
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 6,949
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 52,408 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
▼ 5.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 280,970
▼ 6% 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.
€ 91,037
▼ 17% vs 2024
Of which on lease € 58,315.
Debts at end 2025
€ 424,782
▼ 2% vs 2024
€ 56,502 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 80,630
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,602
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 316,280 | € 390,304 | € 407,080 | € 387,892 | ▼ 5% |
| Profit after taxes | € 26,825 | € 39,968 | € 4,881 | € 4,036 | ▼ 17% |
| Equity | € 50,575 | € 65,542 | € 70,424 | € 22,052 | ▼ 69% |
| Total debts | € 662,517 | € 615,898 | € 583,256 | € 571,924 | ▼ 2% |
| Cash | € 19,170 | € 11,300 | € 6,535 | € 6,949 | ▲ 6% |
| Land & buildings | € 319,143 | € 299,498 | € 288,613 | € 266,202 | ▼ 8% |
| Retained profit | € 50,575 | € 65,542 | € 70,424 | € 22,052 | ▼ 69% |
| Dividend | € 19,687 | € 25,000 | € 0 | € 52,408 | |
| Bank debt | € 521,177 | € 478,613 | € 433,528 | € 424,782 | ▼ 2% |
| Balance sheet total | € 713,092 | € 681,440 | € 653,680 | € 593,975 | ▼ 9% |
| Employees (FTE) | 5.8 | 0 | 5.3 | 0 | ▼ 5.3 |
Key figures of WESTDREEF, 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 WESTDREEF?
What happened at WESTDREEF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,036 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Oudenburg. KBO
- Griet Demuynck became a director. NBB
- MARC GALLE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 26,825 profit in 2022 to € 4,036 profit in 2025.
Paid € 16,915 in corporate taxes since 2022.
Best year ever: 2023, with € 39,968 profit.
On average € 76,800 of value added per employee in 2024.
Management
Behind WESTDREEF are Griet Demuynck and MARC GALLE. The shares are held by Griet Demuynck (50%) and MARC GALLE (50%).
Directors
According to the 2025 annual accounts
Griet Demuynck
Manager
Owns 50% directly
since 2018
since 2018
Shareholders
Griet Demuynck · director
50%
MARC GALLE · director
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pardoenstraat 12
8460 Oudenburg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Network
Details
- Company number
- 0716.813.469
- VAT number
- BE 0716.813.469
- Registered office
- Pardoenstraat 12, 8460 Oudenburg
- Names & denominations
- WESTDREEF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2018
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- westdreef.be ++32 495201500
- Activities · NACE
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