Financials
Financial year 2025
Patisserie 't Westveld from Gent, company number BE0779452903, closed financial year 2025 with a result of € -36,999 after tax. For that financial year Patisserie 't Westveld recorded a gross margin of € 97,324 and equity of € 232,990. Compared with financial year 2024, the result moved from € 110,887 to € -36,999. The company made a loss. 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 April 30, 2026.
€ 232,990
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,999
▼ still € 110,887 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 222,990.
People and assets in 2025
1.9
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 64,175
▲ 17% vs 2024
€ 33,800 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.
€ 37,707
▼ 30% vs 2024
Of which on lease € 18,028.
Debts at end 2025
€ 184,692
▼ 16% vs 2024
€ 29,407 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 155,170
▲ € 142,065 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,642
▼ 56% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 408,711 | € 238,069 | € 97,324 | ▼ 59% |
| Profit after taxes | € 149,102 | € 110,887 | € -36,999 | ▼ € 147,887 |
| Equity | € 159,102 | € 269,990 | € 232,990 | ▼ 14% |
| Total debts | € 419,888 | € 317,411 | € 426,670 | ▲ 34% |
| Retained profit | € 149,102 | € 259,990 | € 222,990 | ▼ 14% |
| Bank debt | € 221,530 | € 219,795 | € 184,692 | ▼ 16% |
| Balance sheet total | € 578,990 | € 587,401 | € 659,660 | ▲ 12% |
| Employees (FTE) | 3.3 | 3.4 | 1.9 | ▼ 1.5 |
Key figures of Patisserie 't Westveld, fiscal years 2023 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 Patisserie 't Westveld?
What happened at Patisserie 't Westveld in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 36,999 (▼ € 147,887 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- CUMHUR CEVIRGEN became a director. NBB
- ERSAN CEVIRGEN became a director. NBB
In short
From € 149,102 profit in 2023 to € 36,999 loss in 2025.
Paid € 80,549 in corporate taxes since 2023.
Best year ever: 2023, with € 149,102 profit.
On average € 51,200 of value added per employee in 2025.
Management
Behind Patisserie 't Westveld are CUMHUR CEVIRGEN and ERSAN CEVIRGEN. CUMHUR CEVIRGEN is also behind CEVIMER. ERSAN CEVIRGEN is also behind Verbruiksalon 't Westveld.
Directors
According to the 2025 annual accounts
since 2021
since 2021
Establishments
Establishment units
Physical locations of this company
Alfons Braeckmanlaan 158 box A
9040 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0779.452.903
- VAT number
- BE 0779.452.903
- Registered office
- Alfons Braeckmanlaan 158 bus A, 9040 Gent
- Names & denominations
- Patisserie 't Westveld
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2021
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk