What does WESTELEK GH do?

WESTELEK GH is a wholesaler in Tielt. Public Limited, started on 22 October 2009, 3 establishments.

What is the address of WESTELEK GH?

The registered office of WESTELEK GH is located at Robert Tavernierlaan 1, 8700 Tielt.

Is WESTELEK GH still active?

Yes. According to the CBE (31 October 2026) WESTELEK GH is active, legal situation “Normale toestand”, started on 22 October 2009.

Is WESTELEK GH registered on Peppol?

Yes, WESTELEK GH is registered on the Peppol network with ID 0208:0820030080.

What is the enterprise number of WESTELEK GH?

The enterprise number of WESTELEK GH is BE0820030080.

When was WESTELEK GH founded?

WESTELEK GH was founded on 22 October 2009.

Who owns WESTELEK GH?

The shares are held by ALELEK (70%).

Is WESTELEK GH a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 October 2009; 5 annual accounts filed, latest fiscal year 2026; 3 establishments in the CBE.

How much profit did WESTELEK GH make in 2026?

WESTELEK GH posted a profit after taxes of € 102,862 in financial year 2026.

What is the revenue of WESTELEK GH?

As a small company, WESTELEK GH is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 1,286,095.

How much does an employee at WESTELEK GH earn?

The average wage cost per full-time employee at WESTELEK GH was € 58,500 in 2026: staff costs of € 964,634 for 16.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does WESTELEK GH have?

According to the 2026 annual accounts, WESTELEK GH has 16.5 full-time equivalents (FTE).

WESTELEK GH (Public Limited) - Tielt - BE0820030080

Dossier WESTELEK GH, printed on 31 October 2026 from databakkes.be/en/0820030080/westelek-gh. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

WESTELEK GH from Tielt, company number BE0820030080, closed financial year 2026 with a result of € 102,862 after tax. For that financial year WESTELEK GH recorded a gross margin of € 1.3 million and equity of € 2.7 million. Compared with financial year 2025, the result moved from € 113,765 to € 102,862. 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 30, 2026.

What it is worth Growing

€ 2.7 million

▲ 4% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 102,862

▼ 10% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 128,895

▼ 58% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 2.5 million.

People and assets in 2026

Full-time equivalents

16.5

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 964,634

▼ 9% vs 2025

€ 58,500 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.

Vehicles and equipment

€ 108,828

▼ 24% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt

€ 315,688

▼ 46% vs 2025

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.9 million

▲ 277% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 370,027

▲ 19% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Revenue	-	-	€ 11,344,050 Revenue 2025: € 11,344,050 First fiscal year in the series	-
Gross margin	€ 1,795,081 Gross margin 2023: € 1,795,081 First fiscal year in the series	€ 1,935,379 Gross margin 2024: € 1,935,379 ▲ 8% vs 2023 (€ 1,795,081) Favourable step	€ 1,335,937 Gross margin 2025: € 1,335,937 ▼ 31% vs 2024 (€ 1,935,379) Unfavourable step	€ 1,286,095 Gross margin 2026: € 1,286,095 ▼ 4% vs 2025 (€ 1,335,937) Unfavourable step	▼ 4%
Profit after taxes	€ 672,856 Profit after taxes 2023: € 672,856 First fiscal year in the series	€ 692,265 Profit after taxes 2024: € 692,265 ▲ 3% vs 2023 (€ 672,856) Favourable step	€ 113,765 Profit after taxes 2025: € 113,765 ▼ 84% vs 2024 (€ 692,265) Unfavourable step	€ 102,862 Profit after taxes 2026: € 102,862 ▼ 10% vs 2025 (€ 113,765) Unfavourable step	▼ 10%
Equity	€ 1,921,644 Equity 2023: € 1,921,644 First fiscal year in the series	€ 2,513,909 Equity 2024: € 2,513,909 ▲ 31% vs 2023 (€ 1,921,644) Favourable step	€ 2,627,674 Equity 2025: € 2,627,674 ▲ 5% vs 2024 (€ 2,513,909) Favourable step	€ 2,730,536 Equity 2026: € 2,730,536 ▲ 4% vs 2025 (€ 2,627,674) Favourable step	▲ 4%
Total debts	€ 1,649,454 Total debts 2023: € 1,649,454 First fiscal year in the series	€ 1,501,375 Total debts 2024: € 1,501,375 ▼ 9% vs 2023 (€ 1,649,454) Favourable step	€ 1,393,267 Total debts 2025: € 1,393,267 ▼ 7% vs 2024 (€ 1,501,375) Favourable step	€ 2,707,980 Total debts 2026: € 2,707,980 ▲ 94% vs 2025 (€ 1,393,267) Unfavourable step	▲ 94%
Cash	€ 248,308 Cash 2023: € 248,308 First fiscal year in the series	€ 402,909 Cash 2024: € 402,909 ▲ 62% vs 2023 (€ 248,308) Favourable step	€ 303,860 Cash 2025: € 303,860 ▼ 25% vs 2024 (€ 402,909) Unfavourable step	€ 128,895 Cash 2026: € 128,895 ▼ 58% vs 2025 (€ 303,860) Unfavourable step	▼ 58%
Retained profit	€ 1,671,644 Retained profit 2023: € 1,671,644 First fiscal year in the series	€ 2,263,909 Retained profit 2024: € 2,263,909 ▲ 35% vs 2023 (€ 1,671,644) Favourable step	€ 2,377,674 Retained profit 2025: € 2,377,674 ▲ 5% vs 2024 (€ 2,263,909) Favourable step	€ 2,480,536 Retained profit 2026: € 2,480,536 ▲ 4% vs 2025 (€ 2,377,674) Favourable step	▲ 4%
Dividend	€ 100,000 Dividend 2023: € 100,000 First fiscal year in the series	€ 100,000 Dividend 2024: € 100,000 Unchanged (€ 100,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 100,000) Unchanged	€ 0 Dividend 2026: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 354,655 Bank debt 2023: € 354,655 First fiscal year in the series	€ 527,395 Bank debt 2024: € 527,395 ▲ 49% vs 2023 (€ 354,655) Unfavourable step	€ 585,140 Bank debt 2025: € 585,140 ▲ 11% vs 2024 (€ 527,395) Unfavourable step	€ 315,688 Bank debt 2026: € 315,688 ▼ 46% vs 2025 (€ 585,140) Favourable step	▼ 46%
Balance sheet total	€ 3,619,207 Balance sheet total 2023: € 3,619,207 First fiscal year in the series	€ 4,063,393 Balance sheet total 2024: € 4,063,393 ▲ 12% vs 2023 (€ 3,619,207) Unchanged	€ 4,069,050 Balance sheet total 2025: € 4,069,050 Unchanged (€ 4,063,393) Unchanged	€ 5,438,516 Balance sheet total 2026: € 5,438,516 ▲ 34% vs 2025 (€ 4,069,050) Unchanged	▲ 34%
Employees (FTE)	13.2 Employees (FTE) 2023: 13.2 First fiscal year in the series	14 Employees (FTE) 2024: 14 ▲ 0.8 vs 2023 (13.2) Unchanged	16.5 Employees (FTE) 2025: 16.5 ▲ 2.5 vs 2024 (14) Unchanged	16.5 Employees (FTE) 2026: 16.5 Unchanged (16.5) Unchanged

Key figures of WESTELEK GH, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

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:

Oct 30, 2026 New annual accounts for financial year 2026: profit of € 102,862 (▼ 10% vs 2025). Source: NBB ↗
May 15, 2026 New establishment in Hooglede. KBO
Nov 1, 2025 New establishment in Brugge. KBO
Oct 22, 2009 New establishment in Tielt. KBO
Oct 22, 2009 Start of the company according to the CBE. KBO

In short

From € 672,856 profit in 2023 to € 102,862 profit in 2026.

Paid € 611,055 in corporate taxes since 2023.

Best year ever: 2024, with € 692,265 profit.

On average € 77,900 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Robert Tavernierlaan 1

8700 Tielt

2.380.995.058

Lodderhoek 35

8000 Brugge

Active since 1 November 2025

2.389.521.655

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 →

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BIZZ Advocaten

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

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

View on CBE Public ↗ Annual accounts (NBB) ↗