Financials
Financial year 2025
WESTELEK GH from Tielt, company number BE0820030080, closed financial year 2025 with a result of € 113,765 after tax. For that financial year WESTELEK GH recorded revenue of € 11.3 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 692,265 to € 113,765. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 2.6 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 113,765
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 303,860
▼ 25% 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 € 2.4 million.
People and assets in 2025
16.5
▲ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 20% vs 2024
€ 64,500 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.
€ 143,909
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 585,140
▲ 11% vs 2024
€ 50,452 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 495,161
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 311,631
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,407,061 | - | - | € 11,344,050 | |
| Gross margin | € 1,433,023 | € 1,795,081 | € 1,935,379 | € 1,335,937 | ▼ 31% |
| Profit after taxes | € 532,703 | € 672,856 | € 692,265 | € 113,765 | ▼ 84% |
| Equity | € 1,348,788 | € 1,921,644 | € 2,513,909 | € 2,627,674 | ▲ 5% |
| Total debts | € 1,721,312 | € 1,649,454 | € 1,501,375 | € 1,393,267 | ▼ 7% |
| Cash | € 98,334 | € 248,308 | € 402,909 | € 303,860 | ▼ 25% |
| Retained profit | € 1,098,788 | € 1,671,644 | € 2,263,909 | € 2,377,674 | ▲ 5% |
| Dividend | € 100,000 | € 100,000 | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 440,167 | € 354,655 | € 527,395 | € 585,140 | ▲ 11% |
| Balance sheet total | € 3,134,965 | € 3,619,207 | € 4,063,393 | € 4,069,050 | |
| Employees (FTE) | 11.9 | 13.2 | 14 | 16.5 | ▲ 2.5 |
Key figures of WESTELEK GH, 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 October 2026.
What happened to WESTELEK GH?
What happened at WESTELEK GH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Hooglede. KBO
- New establishment in Brugge. KBO
- New annual accounts for financial year 2025: profit of € 113,765 (▼ 84% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 532,703 profit in 2022 to € 113,765 profit in 2025.
Paid € 754,436 in corporate taxes since 2022.
Best year ever: 2024, with € 692,265 profit.
On average € 81,000 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
Establishments
Establishment units
Physical locations of this company
Robert Tavernierlaan 1
8700 Tielt
Lodderhoek 35
8000 Brugge
Active since 1 November 2025
Diksmuidesteenweg 17
8830 Hooglede
Active since 15 May 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0820.030.080
- VAT number
- BE 0820.030.080
- Registered office
- Robert Tavernierlaan 1, 8700 Tielt
- Names & denominations
- WESTELEK GH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2009
- Peppol
- Active · Active since 18 Nov 2025
- Contact
- [email protected]
- Activities · NACE
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