Financials
Financial year 2025
West Fraser Europe from Genk, company number BE0867071617, closed financial year 2025 with a result of € 4.3 million after tax. For that financial year West Fraser Europe recorded revenue of € 132.4 million and equity of € 53.7 million. Compared with financial year 2024, the result moved from € 4.1 million to € 4.3 million. Profitable, and profit is growing. 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 June 18, 2026.
€ 53.7 million
▼ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.3 million
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 926,819
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
117.6
▲ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.9 million
▲ 7% vs 2024
€ 101,400 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10.3 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.
€ 4.5 million
▲ 54% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 105,335,940 | € 115,504,075 | € 117,737,205 | € 132,420,282 | ▲ 12% |
| Profit after taxes | € 4,222,643 | € 3,261,853 | € 4,109,374 | € 4,333,574 | ▲ 5% |
| Equity | € 67,419,783 | € 70,523,956 | € 74,459,938 | € 53,728,092 | ▼ 28% |
| Total debts | € 14,771,236 | € 10,735,645 | € 14,413,656 | € 15,187,511 | ▲ 5% |
| Cash | € 23,298,907 | € 13,191,662 | € 11,470,322 | € 926,819 | ▼ 92% |
| Land & buildings | € 2,968,417 | € 2,682,123 | € 2,397,260 | € 2,112,161 | ▼ 12% |
| Retained profit | € 23,769,743 | € 26,912,436 | € 30,907,602 | € 10,241,176 | ▼ 67% |
| Dividend | € 0 | € 0 | € 0 | € 25,000,000 | |
| Balance sheet total | € 82,407,632 | € 81,463,373 | € 89,057,638 | € 69,077,841 | ▼ 22% |
| Employees (FTE) | 117 | 118.6 | 114.1 | 117.6 | ▲ 3.5 |
Key figures of West Fraser Europe, 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 Fraser Europe?
What happened at West Fraser Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- George Webb stepped down as director. NBB
- Alan McMeekin stepped down as director. NBB
- Robin Lampard stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.3 million (▲ 5% vs 2024). Source: NBB ↗
- Steve Roebuck stepped down as director. NBB
- George Webb became a director. NBB
- Alan McMeekin became a director. NBB
- Robin Lampard became a director. NBB
In short
From € 4.2 million profit in 2022 to € 4.3 million profit in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 4.3 million profit.
Paid out € 25 million in dividends to the owners in total.
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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 shares are held by West Fraser Europe Ltd (100%) and Norbord (Ontario) Inc (0%).
Directors
According to the 2025 annual accounts
Alan McMeekin
Director
since 2024 · until 2027
Robin Lampard
Director
since 2024 · until 2027
Steve Roebuck
Director
since 2024 · until 2026
George Webb
Director
since 2026 · until 2032
Shareholders
West Fraser Europe Ltd
100%
Norbord (Ontario) Inc
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Eikelaarstraat 33
3600 Genk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0867.071.617
- VAT number
- BE 0867.071.617
- Registered office
- Eikelaarstraat 33, 3600 Genk
- Names & denominations
- West Fraser Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 2004
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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