Financials
Financial year 2025
WESTCOAST FINANCE from Koksijde, company number BE0774347832, closed financial year 2025 with a result of € 700,212 after tax. For that financial year WESTCOAST FINANCE recorded a gross margin of € 1.6 million and equity of € 60,405. Compared with financial year 2024, the result moved from € 1 million to € 700,212. The company is profitable. 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 April 24, 2026.
€ 60,405
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 700,212
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 541,425
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 675,000 paid out
96 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
13.3
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 885,624
▲ 11% vs 2024
€ 66,600 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.
€ 36,623
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,988
▼ 42% vs 2024
€ 6,626 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,702
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 162,389
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,157,193 | € 1,316,573 | € 1,851,499 | € 1,648,025 | ▼ 11% |
| Profit after taxes | € 659,248 | € 763,699 | € 1,000,533 | € 700,212 | ▼ 30% |
| Equity | € 21,248 | € 24,947 | € 50,481 | € 60,405 | ▲ 20% |
| Total debts | € 830,138 | € 917,264 | € 1,184,708 | € 871,454 | ▼ 26% |
| Cash | € 516,896 | € 505,674 | € 709,995 | € 541,425 | ▼ 24% |
| Retained profit | € 1,248 | € 4,947 | € 30,481 | € 40,405 | ▲ 33% |
| Dividend | € 658,000 | € 760,000 | € 975,000 | € 675,000 | ▼ 31% |
| Bank debt | € 56,271 | € 51,868 | € 22,407 | € 12,988 | ▼ 42% |
| Balance sheet total | € 851,386 | € 942,211 | € 1,235,189 | € 931,859 | ▼ 25% |
| Employees (FTE) | - | - | 12.2 | 13.3 | ▲ 1.1 |
Key figures of WESTCOAST FINANCE, 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 WESTCOAST FINANCE?
What happened at WESTCOAST FINANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 700,212 (▼ 30% vs 2024). Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 659,248 profit in 2022 to € 700,212 profit in 2025.
Paid € 70,610 in corporate taxes since 2022.
Best year ever: 2024, with € 1 million profit.
On average € 123,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Cherry Meadow, LAHAEYE, DESAEVER VIRGINIE, BENNY CATTEEUW comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WESTCOAST FINANCEBehind WESTCOAST FINANCE are Pardes CommV, Lahaeye BV, Cherry Meadow BV, Desaever Virginie BV and Benny Catteeuw BV. The shares are held by Cherry Meadow (25%), LAHAEYE (25%), DESAEVER VIRGINIE (20%) and BENNY CATTEEUW (20%).
Directors
According to the 2025 annual accounts
Director · represented by Benjamin Parker
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Roelsstraat(Odk) 39
8670 Koksijde
Ooststraat 29 box A
8630 Veurne
Active since 12 February 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0774.347.832
- VAT number
- BE 0774.347.832
- Registered office
- Roelsstraat(Odk) 39, 8670 Koksijde
- Names & denominations
- WESTCOAST FINANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2021
- Peppol
- Active · Active since 14 May 2025
- Activities · NACE
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