WEST CONSTRUCT
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive last publication under the heading End on 14-01-2025
- Activity
- “Het ondernemen van alle werken van de burgerlijke bouwkunde,baggerwerken,waterbouw- en wegenbouwkundige werken,bouwwerken en gebouwen…” (deed in Dutch)From the articles, 5 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- Jean PôletDirector · since 02-06-2023
- Auditor
- DELOITTE Bedrijfsrevisoren BV
Shareholders
- N.V. BESIX S.A.99.97%· score 84annual accounts 2020
- BESIX GROUP NVconsolidatesannual accounts 2018
- BESIX NVconsolidates· score 84annual accounts 2018
Financial position
No score
Annual accounts 2023
- Gross margin
- -€3,466
- ▼ 131%
- Loss
- €4,062
- Equity
- €1.4m
- ▼ 0.3%
- Total assets
- €1.4m
- ▼ 0.2%
Filed on 21-08-2024
Financials
Financials · financial year 2023, abbreviated format
2023 annual accounts filed 21 days after the deadline Filed on 21 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00360653.
Annual accounts 2023 filed on 21-08-2024 PDF all 47 filings
Turnover
€23.1m
EBIT margin
-4.2%
Net result
-€4,062
2022 · €10,549
Working capital
€1.4m▼ 0.3%
2022 · €1.4m
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result for 2023 is a loss of €3,548, larger than the loss of €1,503 in 2022.
Operating result-€0.004m
2023
Net result-€0.004m
2023
Total assets€1.4m
2023
Equity€1.4m
2023
Debt€0.002m
2023
Working capital€1.4m
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€23.1m-
Operating result-€1.0m--€0.005m-€0.008m▼ 85.9%-€0.002m▲ 82.1%-€0.004m▼ 136%
Net result-€1.0m--€9▲ 100.0%€0.02m€0.02m▼ 23.5%€0.01m▼ 31.2%-€0.004m
EBIT margin-4.2%-
Equity€1.3m-€1.3m=€1.3m▲ 1.5%€1.4m▲ 1.1%€1.4m▲ 0.8%€1.4m▼ 0.3%
Total assets€16.4m-€1.3m▼ 92.0%€1.3m▲ 1.8%€1.4m▲ 1.2%€1.4m▲ 0.5%€1.4m▼ 0.2%
Debt€15.1m-€9▼ 100.0%€0.004m▲ 483×€0.005m▲ 12.8%€0.001m▼ 81.6%€0.002m▲ 78.3%
Working capital€1.2m-€1.3m▲ 5.7%€1.3m▲ 1.5%€1.4m▲ 1.1%€1.4m▲ 0.8%€1.4m▼ 0.3%
Staff (FTE)56.6-
Large changes and their cause
- 2019 Net result +100%, Total assets -92% on 2018. Contribution of a universality to N.V. BESIX S.A., effective 28-02-2019.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €1.4m
Equity
€1.4m ▼ 0.3%
Debt
€1,607 ▲ 78.3%
Debt's share of the balance-sheet total rises from 0.1% to 0.1%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.00▲
2022 · 0.00
ROE
-0.3%▼
2022 · 0.8%
ROA
-0.3%▼
2022 · 0.8%
Debt ≤ 1 year
€1,607▲
2022 · €901
Supplier credit
169 days
A ratio outside any meaningful range has been withheld (balance sheet total €1.4m, equity €1.4m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €23.1m | - | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.008m | - | €0.003m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | - | - | €83 | - |
| Gross operating margin9900 | - | - | -€0.005m | -€0.008m | -€0.002m | -€0.003m | ▼ 131% |
| Operating profit (loss)9901 | -€1.0m | - | -€0.005m | -€0.008m | -€0.002m | -€0.004m | ▼ 136% |
| Financial income75/76B | - | - | - | €0.02m | €0.01m | - | - |
| Recurring financial income75 | €0.006m | - | €0.02m | €0.02m | €0.01m | - | - |
| Financial charges65/66B | - | €9 | - | €59 | €60 | €0.001m | ▲ 759% |
| Recurring financial charges65 | €0.03m | €9 | €65 | €59 | €60 | €0.001m | ▲ 759% |
| Other financial charges652/9 | - | €9 | - | - | - | - | - |
| Non-recurring financial charges66B | - | - | - | - | - | €0 | - |
| Profit (loss) for the period before taxes9903 | -€1.0m | -€9 | €0.02m | €0.02m | €0.01m | -€0.004m | - |
| Income taxes67/77 | -€40 | - | - | €0.001m | - | - | - |
| Profit (loss) for the period9904 | -€1.0m | -€9 | €0.02m | €0.02m | €0.01m | -€0.004m | - |
| Profit (loss) for the period to be appropriated9905 | -€1.0m | -€9 | €0.02m | €0.02m | €0.01m | -€0.004m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €16.4m | €1.3m | €1.3m | €1.4m | €1.4m | €1.4m | ▼ 0.2% |
| Fixed assets21/28 | €0.1m | - | - | - | - | - | - |
| Intangible fixed assets21 | €0.004m | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.06m | - | - | - | - | - | - |
| Financial fixed assets28 | €0.03m | - | - | - | - | - | - |
| Current assets29/58 | €16.3m | €1.3m | €1.3m | €1.4m | €1.4m | €1.4m | ▼ 0.2% |
| Stocks and contracts in progress3 | €1.6m | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €8.8m | €1.3m | €1.3m | €1.4m | €1.4m | €1.4m | ▼ 0.3% |
| Other amounts receivable41 | - | €1.3m | - | €1.4m | €1.4m | €1.4m | ▼ 0.3% |
| Cash at bank and in hand54/58 | €1.3m | - | €10 | €365 | €0.002m | €0.002m | ▲ 39.8% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €16.4m | €1.3m | €1.3m | €1.4m | €1.4m | €1.4m | ▼ 0.2% |
| Equity10/15 | €1.3m | €1.3m | €1.3m | €1.4m | €1.4m | €1.4m | ▼ 0.3% |
| Contributions10/11 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Capital10 | - | €0.9m | - | €0.9m | €0.9m | €0.9m | = |
| Issued capital100 | - | €0.9m | - | €0.9m | €0.9m | €0.9m | = |
| Reserves13 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Non-distributable reserves130/1 | - | - | - | €0.4m | €0.4m | €0.4m | = |
| Legal reserve130 | - | €0.1m | - | €0.1m | €0.1m | €0.1m | = |
| Reserves not available under the articles1311 | - | €0.3m | - | - | - | - | - |
| Other1319 | - | - | - | €0.3m | €0.3m | €0.3m | = |
| Tax-exempt reserves132 | - | €0.08m | - | €0.08m | €0.08m | €0.08m | = |
| Distributable reserves133 | - | €0.1m | - | €0.1m | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.2m | -€0.2m | -€0.2m | -€0.2m | -€0.2m | ▼ 2.5% |
| Provisions and deferred taxes16 | €0.03m | - | - | - | - | - | - |
| Amounts payable17/49 | €15.1m | €9 | €0.004m | €0.005m | €0.001m | €0.002m | ▲ 78.3% |
| Amounts payable within one year42/48 | €15.1m | €9 | €0.004m | €0.005m | €0.001m | €0.002m | ▲ 78.3% |
| Financial debts43 | - | €9 | - | - | - | - | - |
| Credit institutions430/8 | - | €9 | - | - | - | - | - |
| Trade debts44 | €13.8m | - | €0.004m | €0.005m | €0.001m | €0.002m | ▲ 78.3% |
| Suppliers440/4 | - | - | - | €0.005m | €0.001m | €0.002m | ▲ 78.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€988,672 | -€9 | €20,051 | €15,341 | €10,549 | -€4,062 | - |
| + Depreciation and write-downs630 | €28,532 | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€960,140 | -€9 | €20,051 | €15,341 | €10,549 | -€4,062 | - |
| Change in cash | - | - | - | €355 | €1,208 | €626 | ▼ 48.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 47 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | abbreviated format | 21-08-2024 | 2024-00360653 | |
| 31-12-2022 | abbreviated format | 04-08-2023 | 2023-00323630 | |
| 31-12-2021 | abbreviated format | 26-07-2022 | 2022-20232115 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-65400166 | |
| 31-12-2019 | full format | 27-01-2021 | 2021-02200297 | |
| 31-12-2018 | full format | 27-01-2021 | 2021-02200276 | |
| 31-12-2017 | full format | 29-03-2019 | 2019-08700040 | |
| 31-12-2016 | full format | 01-02-2018 | 2018-04100305 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-56700278 | |
| 31-12-2014 | full format | 13-08-2015 | 2015-42400336 |
Board & ownership
Directors
Directors
1 director, last change in 2025
Board 1
Jean Pôlet
Current
Director · since 02-06-2023 · 6-year term from 2023 · listed in the 2023 annual accounts, filed on 21-08-2024
Statutory auditor 2
Mazars Bedrijfsrevisoren CV
Current
Commissaris van de vennootschap · appointed in the act of 04-09-2023 · permanent representative: Sébastien Schueremans
DELOITTE Bedrijfsrevisoren BV
Current
Statutory auditor · appointed in the act of 09-09-2024 · permanent representative: Ben Vandeweyer
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“waarmee hij/zij in het benoemingsbesluit wordt aangeduid. Het bestuursorgaan, evenals de gevolmachtigden voor het dagelijks bestuur binnen…”
deed of 20-12-2023Owners and capital
Shareholders
4 ownersChain of control
- BESIX GROUP NV
- BESIX NV
- WEST CONSTRUCT
Owners 4
- N.V. BESIX S.A.parentSourceown accounts 2020Equity €258.7m Loss of €29.9m in 2025 (loss of €20.6m in 2024) Checked score 8499.97%
- BESIX GROUP NVconsolidating parentEquity €152.7m Profit of €28,663 in 2025 (loss of €11.1m in 2024)consolidates
- BESIX NVconsolidating parentEquity €258.7m Loss of €29.9m in 2025 (loss of €20.6m in 2024) Checked score 84consolidates
- Sourceown accounts 2020Equity €152.7m Profit of €28,663 in 2025 (loss of €11.1m in 2024)0.03%
Capital transactions
Capital over time
- 20-12-2023 Capital stated in the deed · €900,000 · 3,660 shares
Mandate history
5 people, 3 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Jean Pôlet |
|
| Mazars Bedrijfsrevisoren CV |
|
| DELOITTE Bedrijfsrevisoren BV |
|
| EGGERICKX Willem |
|
| POLET Jean |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering kan bevoegdheden te allen tijde bij gewone meerderheid beperken, aandeelhouders verdelen liquidatiesaldo met…”
Articles of association, deed of 20-12-2023 (in Dutch)
Network & group
Acquisitions and mergers
1 transactionContributed a universality to:N.V. BESIX S.A.
Connections & network
1 current directorThe network starts from the directors of WEST CONSTRUCT. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2025
14-01
Gazette deed
Dissolution with immediate closure of the liquidationResignations: EGGERICKX Willem (director) and PÔLET Jean-François (director) · Asset distribution · Custody of records14 points ▸
Gazette deed
Dissolution with immediate closure of the liquidation
Resignations: EGGERICKX Willem (director) and PÔLET Jean-François (director) · Asset distribution · Custody of records14 points ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- General meeting, “Verslag van het bestuursorgaan en commissaris over de verkorte jaarrekening, EERSTE BESLISSING” (deed in Dutch)
- General meeting, “Goedkeuring van de verkorte jaarrekening, goedkeuring” (deed in Dutch)
- General meeting, “Kwijting, 2024-01-01 tot 2024-12-16” (deed in Dutch)
- General meeting, “Verslaggeving, VIERDE BESLISSING” (deed in Dutch)
- Dissolution, “ontbinding en vereffening in één akte, éénparigheid van stemmen” (deed in Dutch)
- Asset distribution, “teruggenomen en overgedragen aan de enige aandeelhouder, in het bijzonder, doch niet uitsluitend de vorderingen op de fiscale en sociale administraties” (deed in Dutch)
- Liquidation closure, “definitief opgehouden te bestaan, ZESDE BESLISSING” (deed in Dutch)
- Director resignation, EGGERICKX Willem (director)
- Director resignation, PÔLET Jean-François (director)
- Custody of records, “1200 Sint-Lambrechts-Woluwe, Gemeenschappenlaan 100, ZEVENDE BESLISSING” (deed in Dutch)
- Declaration, “consignatie, geen maatregelen moesten worden genomen voor de consignatie gelden en waarden die toekomen aan schuldeisers en die hen niet konden worden afgegeven” (deed in Dutch)
- The act holds 2 more points.
2024
09-09
Gazette deed
Resignation: Forvis Mazars Bedrijsrevisoren (statutory auditor)Appointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)3 points ▸
Gazette deed
Resignation: Forvis Mazars Bedrijsrevisoren (statutory auditor)
Appointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)3 points ▸
- General meeting, 28-06-2024
- Auditor resignation, Forvis Mazars Bedrijsrevisoren (statutory auditor)
- Auditor appointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
21-08
abbreviated format · 21 days late
2023
20-12
Gazette deed
Amendment of the articlesCapital4 points ▸
Gazette deed
Amendment of the articles
Capital4 points ▸
- General meeting, 29-11-2023
- Amendment of the articles
- Capital, €900,000
- Other provision, “afgifte voor registratie, artikel 173,1° bis Wetboek der Registratierechten” (deed in Dutch)
04-09
Gazette deed
Reappointments: Willem Eggerickx, Jean Pôlet and Mazars Bedrijfsrevisoren CV5 points ▸
Gazette deed
Reappointments: Willem Eggerickx, Jean Pôlet and Mazars Bedrijfsrevisoren CV
5 points ▸
- General meeting, 30-06-2023
- Other provision, “vaststelling afloop mandaten bestuurders, Bestuurders” (deed in Dutch)
- Director reappointment, Willem Eggerickx (director)
- Director reappointment, Jean Pôlet (director)
- Auditor reappointment, Mazars Bedrijfsrevisoren CV (commissaris van de vennootschap)
04-08
abbreviated format · 4 days late
2022
31-12
Financial
Liquidity more than 5 timescurrent ratio 1517.15
The current ratio rises from 277.70 to 1517.15. Short-term debt falls from €4,900 to €901.
26-07
abbreviated format · 5 days before the deadline
2021
2020
31-12
Financial
Back to profitnet €20,051
The net result is €20,051, after 2 loss-making years.
Show earlier events
2019
31-12
Financial
Liquidity more than 135479 timescurrent ratio 146715.22
The current ratio rises from 1.08 to 146715.22. Short-term debt falls from €15.1m to €9.
29-03
full format · 241 days late
23-01
Gazette deed
Restructuring
2018
01-02
full format · 185 days late
2016
31-08
full format · 31 days late
2015
13-08
full format · 13 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
WEST CONSTRUCT is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2023
- Last registered office
- Koningin Astridlaan 128, 8200 Sint-Michielsas published on 14 January 2025
- Legal form
- Public limited company
- First annual accounts
- financial year 1977
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het ondernemen van alle werken van de burgerlijke bouwkunde,baggerwerken,waterbouw- en wegenbouwkundige werken,bouwwerken en gebouwen in…”
5 activities
- Het ondernemen van alle werken van de burgerlijke bouwkunde,baggerwerken,waterbouw- en wegenbouwkundige werken,bouwwerken en gebouwen in het algemeen,metaalconstructies,grondwerken,spoorwerken,mechanische uitrustingen,hydromechanische uitrustingen,elektronische uitrustingen,transportinstallaties in gebouwen,elektrische installaties,telecommunicatie-uitrustingen,speciale installaties,installaties voor huisvuilverwerking en waterzuivering,met al zijn aanverwanten en van alle daarbij horende categorieën/ondercategorieën en speciale werken,zonder dat deze opsomming limitatief kan genoemd worden
- Werken en handelingen inzake landbouw,bosbouw,visserij,bodemnijverheden,bewerkende en verwerkende nijverheid,bouwnijverheid,groot- en kleinhandel,vervoer,opslag en verkeer,diensten,alsmede elk roerend,onroerend of handelsbedrijf,of elke roerende,onroerende of handelsverrichting,die bijdragen tot het bereiken van dat voorwerp
- Onroerende verrichtingen aangaan-door het aankopen van gronden om er constructies op te bouwen,en door het aankopen van bebouwde onroerende goederen met het oog op de reconstructie ervan
- Deelnemen door inschrijving,vereniging of samensmelting in iedere vennootschap,firma of onderneming van dezelfde aard of met gelijkaardige oogmerken
- Alle industriële,commerciële of financiële verrichtingen doen die direct of indirect met voormelde oogmerken in verband staan
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Name clauseThe company operates under this name according to its articles.
- West Construct
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaamse Gewest”
General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 14:00
Articles of association, deed of 20-12-2023 (in Dutch)
Recognitions · licences · registrations
Legal Entity Identifier
967600PX1QGWZMTA5Q86