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 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
West M from Malle, company number BE0762536202, closed financial year 2025 with a result of € 63,851 after tax. For that financial year West M recorded a gross margin of € 196,745 and equity of € 59,604. Compared with financial year 2024, the result moved from € -5,193 to € 63,851. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 59,604
▲ € 63,851 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,851
▲ still € 5,193 loss in 2024
Profit after tax over the fiscal year.
€ 1,119
▲ € 1,043 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -40,396.
People and assets in 2025
€ 58,575
▼ 11% 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.
€ 58,990
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 836,584
▼ 14% vs 2024
€ 54,744 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 1,995
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,291
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,404 | € 94,402 | € 138,533 | € 196,745 | ▲ 42% |
| Profit after taxes | € -43,947 | € -18,525 | € -5,193 | € 63,851 | ▲ € 69,044 |
| Equity | € 19,470 | € 945 | € -4,247 | € 59,604 | ▲ € 63,851 |
| Total debts | € 1,248,782 | € 1,247,627 | € 1,195,478 | € 1,089,249 | ▼ 9% |
| Cash | € 3,647 | € 5,325 | € 76 | € 1,119 | ▲ € 1,043 |
| Land & buildings | € 1,139,884 | € 1,109,949 | € 1,081,751 | € 1,051,631 | ▼ 3% |
| Retained profit | € -80,530 | € -99,055 | € -104,247 | € -40,396 | ▲ € 63,851 |
| Bank debt | € 1,092,409 | € 1,068,546 | € 975,482 | € 836,584 | ▼ 14% |
| Balance sheet total | € 1,268,252 | € 1,248,572 | € 1,191,231 | € 1,148,854 | ▼ 4% |
Key figures of West M, 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 West M?
What happened at West M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,851. filed late Source: NBB ↗
- Lars Piselé became a director. NBB
- New establishment in Malle. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,947 loss in 2022 to € 63,851 profit in 2025.
Best year ever: 2025, with € 63,851 profit.
Management
Behind West M is Lars Piselé. Lars Piselé is also behind Controle en Metingen, KAPA, BREYDEL AMUSEMENT and TENSO.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 338A box 5
2390 Malle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →GIGANT
€ 934,788 gross margin · 2024
Jumbo
€ 101,668 gross margin · 2024
KRYPTON
€ -1,082 gross margin · 2025
NEPTUNUS
€ 18,209 gross margin · 2025
ROELS
€ 73,014 gross margin · 2024
+9 more
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
one.com Mail
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0762.536.202
- VAT number
- BE 0762.536.202
- Registered office
- Antwerpsesteenweg 338A bus 5, 2390 Malle
- Names & denominations
- West M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2021
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- westm.be
- Activities · NACE
Overige zakelijke dienstverlening, neg
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Verhuur en lease van kantoormachines, inclusief computers
Organisatie van congressen en beurzen
Diverse administratieve activiteiten ten behoeve van kantoren