Financials
Financial year 2024
WESTLAND VASTGOED EN BEHEER from Nieuwpoort, company number BE0894387312, closed financial year 2024 with a result of € 16,922 after tax. For that financial year WESTLAND VASTGOED EN BEHEER recorded a gross margin of € 60,690 and equity of € 20,568. Compared with financial year 2023, the result moved from € 14,160 to € 16,922. Profitable, and profit is growing. 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 August 30, 2025.
€ 20,568
▲ € 16,922 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,922
▲ 20% vs 2023
Profit after tax over the fiscal year.
€ 44,592
▼ 31% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -101,432.
People and assets in 2024
€ 1,886
▼ 34% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,684
▼ 1% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 17,156
▼ 35% vs 2023
€ 9,481 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 8,774
▲ 129% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 18,600
▼ 24% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 53,688 | € 80,416 | € 46,271 | € 60,690 | ▲ 31% |
| Profit after taxes | € -96,402 | € -81,869 | € 14,160 | € 16,922 | ▲ 20% |
| Equity | € 71,355 | € -10,514 | € 3,646 | € 20,568 | ▲ € 16,922 |
| Total debts | € 216,647 | € 171,453 | € 184,088 | € 140,060 | ▼ 24% |
| Cash | € 42,351 | € 33,910 | € 64,167 | € 44,592 | ▼ 31% |
| Land & buildings | € 36,500 | € 34,250 | € 32,000 | € 29,750 | ▼ 7% |
| Retained profit | € -50,645 | € -132,514 | € -118,354 | € -101,432 | ▲ € 16,922 |
| Bank debt | € 28,246 | € 38,640 | € 26,486 | € 17,156 | ▼ 35% |
| Balance sheet total | € 288,002 | € 160,939 | € 187,734 | € 160,627 | ▼ 14% |
Key figures of WESTLAND VASTGOED EN BEHEER, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to WESTLAND VASTGOED EN BEHEER?
What happened at WESTLAND VASTGOED EN BEHEER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 16,922 (▲ 20% vs 2023). filed late Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 96,402 loss in 2021 to € 16,922 profit in 2024.
Paid € 40,299 in corporate taxes since 2021.
Best year ever: 2024, with € 16,922 profit.
Management
Behind WESTLAND VASTGOED EN BEHEER is Onno BV.
Directors
According to the 2024 annual accounts
Director · represented by Glenn Masschelein
Establishments
Establishment units
Physical locations of this company
Franslaan 81 box C
8620 Nieuwpoort
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0894.387.312
- VAT number
- BE 0894.387.312
- Registered office
- Franslaan 81 bus C, 8620 Nieuwpoort
- Names & denominations
- WESTLAND VASTGOED EN BEHEER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2007
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
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