Financials
Financial year 2025
IDEWEST from Avelgem, company number BE0740734065, closed financial year 2025 with a result of € 69,861 after tax. For that financial year IDEWEST recorded a gross margin of € 97,846 and equity of € 149,384. Compared with financial year 2024, the result moved from € 86,924 to € 69,861. The company is profitable. The buffer shrank hard: equity is 58 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 13, 2026.
€ 149,384
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,861
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 71,729
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 273,150 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 120,697
▲ 252% vs 2024
€ 13,750 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 668
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,800
▼ 80% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 103,008 | € 160,092 | € 141,062 | € 97,846 | ▼ 31% |
| Profit after taxes | € 55,340 | € 90,644 | € 86,924 | € 69,861 | ▼ 20% |
| Equity | € 175,105 | € 265,749 | € 352,672 | € 149,384 | ▼ 58% |
| Total debts | € 95,758 | € 78,135 | € 49,301 | € 280,950 | ▲ € 231,649 |
| Cash | € 157,730 | € 200,519 | € 307,001 | € 71,729 | ▼ 77% |
| Land & buildings | € 8,802 | € 7,837 | € 6,872 | € 5,907 | ▼ 14% |
| Retained profit | € 170,105 | € 260,749 | € 347,672 | € 144,384 | ▼ 58% |
| Dividend | € 1,600 | € 0 | € 0 | € 273,150 | |
| Bank debt | € 60,812 | € 47,627 | € 34,256 | € 120,697 | ▲ 252% |
| Balance sheet total | € 270,863 | € 343,884 | € 401,973 | € 430,334 | ▲ 7% |
Key figures of IDEWEST, 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 IDEWEST?
What happened at IDEWEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 69,861 (▼ 20% vs 2024). Source: NBB ↗
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,340 profit in 2022 to € 69,861 profit in 2025.
Paid € 105,814 in corporate taxes since 2022.
Best year ever: 2023, with € 90,644 profit.
Paid out € 274,750 in dividends to the owners in total.
Management
Behind IDEWEST is THOMAS VANDEWALLE.
Directors
According to the 2025 annual accounts
THOMAS VANDEWALLE
Director
Establishments
Establishment units
Physical locations of this company
Oudenaardsesteenweg 558
8581 Avelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0740.734.065
- VAT number
- BE 0740.734.065
- Registered office
- Oudenaardsesteenweg 558, 8581 Avelgem
- Names & denominations
- IDEWEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2020
- Peppol
- Active · Active since 19 Nov 2025
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