WESTERLAAN (0453.383.344): financials and annual accounts

WESTERLAAN

Watermael-Boitsfort ·KBO/BCE: BE 0453.383.344

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	16,091	25,861	31,746	68,175	51,106	202,323	186,618	204,314	387,604	367,970	365,864	458,317	462,020	976,655	991,495	889,480	1.3m	1.5m	942,591	943,693
Fixed assets`21/28`	972	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	35,000	35,000	-	-
Tangible fixed assets`22/27`	972	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Furniture and vehicles`24`	972	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	-	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	35,000	35,000	-	-
Affiliated companies`280/1`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	5,000	-	-	-	-	-
Participating interests`280`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	5,000	-	-	-	-	-
Current assets`29/58`	15,118	20,861	26,746	63,175	46,106	197,323	181,618	199,314	382,604	362,970	360,864	453,317	457,020	971,655	986,495	884,480	1.2m	1.5m	942,591	943,693
Amounts receivable within one year`40/41`	13,449	13,455	26,628	54,188	30,383	181,110	162,891	178,218	379,488	355,415	351,745	452,761	456,974	970,978	958,812	861,380	1.2m	1.4m	942,552	942,551
Trade receivables`40`	13,449	13,455	26,628	54,188	30,383	22,076	3,575	19,185	21,846	754	754	908	303	1,210	207	207	207	-	-	-
Other amounts receivable`41`	-	-	-	-	-	159,033	159,317	159,033	357,642	354,661	350,991	451,853	456,671	969,768	958,606	861,173	1.2m	1.4m	942,552	942,551
Cash at bank and in hand`54/58`	1,376	3,785	117	8,987	15,724	16,214	18,727	21,096	2,917	7,357	8,863	556	46	657	25,269	19,591	20,585	6,704	34	1,143
Deferred charges and accrued income`490/1`	292	3,622	-	-	-	-	-	-	198	198	256	-	-	20	2,413	3,510	12,027	-	5	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	16,091	25,861	31,746	68,175	51,106	202,323	186,618	204,314	387,604	367,970	365,864	458,317	462,020	976,655	991,495	889,480	1.3m	1.5m	942,591	943,693
Equity`10/15`	-1.9m	-2.0m	-2.0m	-2.0m	-2.1m	-1.9m	-1.9m	-1.9m	-1.9m	-1.9m	-1.9m	-1.9m	-2.0m	-1.4m	-1.4m	-1.5m	-1.2m	-1.3m	-1.6m	-1.6m
Contributions`10/11`	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787
Capital`10`	495,787	495,787	495,787	495,787	495,787	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787	495,787
Profit (loss) carried forward`14`	-2.4m	-2.5m	-2.5m	-2.5m	-2.6m	-2.4m	-2.4m	-2.4m	-2.4m	-2.4m	-2.4m	-2.4m	-2.4m	-1.9m	-1.9m	-2.0m	-1.7m	-1.8m	-2.1m	-2.1m
Amounts payable`17/49`	1.9m	2.0m	2.1m	2.1m	2.1m	2.1m	2.1m	2.1m	2.3m	2.3m	2.3m	2.4m	2.4m	2.4m	2.4m	2.4m	2.5m	2.7m	2.6m	2.6m
Amounts payable within one year`42/48`	1.9m	2.0m	2.0m	2.1m	2.1m	2.1m	2.1m	2.1m	2.3m	2.3m	2.3m	2.4m	2.4m	2.4m	2.4m	2.4m	2.5m	2.7m	2.6m	2.6m
Financial debts`43`	-	-	-	-	-	-	-	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080
Other loans`439`	-	-	-	-	-	-	-	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080	1,080
Trade debts`44`	22,980	19,627	-	1,283	602	-	-	155	155	956	897	154	3,076	3,062	1,492	1,733	2,749	3,379	3,545	1,043
Suppliers`440/4`	9,795	19,627	-	1,283	602	-	-	155	155	956	897	154	3,076	3,062	1,492	1,733	2,749	3,379	3,545	1,043
Bills of exchange payable`441`	13,185	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	6,825	9,919	-	-	-	-	-	-	-	-	-	-	45	-	-	-	1,121	14,565	-	-
Taxes`450/3`	6,825	8,419	-	-	-	-	-	-	-	-	-	-	45	-	-	-	1,121	14,565	-	-
Remuneration and social security`454/9`	-	1,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	1.9m	2.0m	2.0m	2.1m	2.1m	2.1m	2.1m	2.1m	2.3m	2.3m	2.3m	2.4m	2.4m	2.4m	2.4m	2.4m	2.5m	2.7m	2.6m	2.6m
Accrued charges and deferred income`492/3`	-	-	1,692	249	249	249	717	450	350	-	252	249	27	19	-	-	2,060	-	-	-
Income statement
Operating income`70/76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	192,598	-	-	-	-	-
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	192,598	-	-	-	-	-
Gross operating margin`9900`	69,964	51,379	19,368	22,124	7,919	16,777	2,047	-2,154	19,547	-1,194	-995	-1,697	-8,541	-	-	3,124	5,271	363,312	-3,666	-
Operating charges`60/66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	17,034	82,020	-	-	-	-	-
Goods for resale, raw materials and consumables`60`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,000	-	-	-	-	-
Purchases`600/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,000	-	-	-	-	-
Services and other goods`61`	-	-	-	-	-	-	-	-	-	-	-	-	-	15,970	21,167	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	494	529	708	586	159,591	483	668	518	348	348	437	1,281	984	1,064	853	1,518	968	2,254	607	348
Operating profit (loss)`9901`	69,442	50,850	18,660	21,538	-151,672	16,294	1,379	-2,672	19,200	-1,542	-1,431	-2,978	-9,526	-17,034	110,578	1,606	4,304	361,058	-4,273	-348
Financial income`75/76B`	-	-	-	-	-	-	1,080	733	981	3,854	5,260	5,742	5,581	5,497	2,419	3,515	14,378	3,540	8	53,354
Recurring financial income`75`	-	-	-	-	-	-	1,080	733	981	3,854	5,260	5,742	5,581	5,497	2,419	3,515	14,378	3,540	8	53,354
Income from financial fixed assets`750`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,186	-	-	-	-	-	-
Income from current assets`751`	-	-	-	-	-	-	-	-	-	-	-	-	-	310	-	-	-	-	-	-
Other financial income`752/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,419	-	-	-	-	-
Financial charges`65/66B`	4,753	716	150	150	147	120	107	99	97	14	68	814	537,598	68	566	268,682	4,474	43	37	145,022
Recurring financial charges`65`	585	716	150	150	147	120	107	99	97	14	68	814	537,598	68	566	268,682	4,474	43	37	145,022
Debt charges`650`	-	-	-	-	-	-	-	-	-	-	-	-	-	36	-	-	-	-	-	-
Other financial charges`652/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	31	566	-	-	-	-	-
Non-recurring financial charges`66B`	4,168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	64,689	50,134	18,510	21,388	-151,819	16,174	2,352	-2,039	20,085	2,299	3,761	1,950	-541,542	-11,605	112,431	-263,561	14,207	364,555	-4,302	-92,016
Income taxes`67/77`	286	288	-	-	-	-	-	-	-	-	27	-	-	-	-	-	-	-	803	-
Profit (loss) for the period`9904`	64,404	49,846	18,510	21,388	-151,819	16,174	2,352	-2,039	20,085	2,299	3,734	1,950	-541,542	-11,605	112,431	-263,561	14,207	364,555	-5,105	-92,016
Profit (loss) for the period to be appropriated`9905`	64,404	49,846	18,510	21,388	-151,819	16,174	2,352	-2,039	20,085	2,299	3,734	1,950	-541,542	-11,605	112,431	-263,561	14,207	364,555	-5,105	-92,016
Appropriation of the result
Profit (loss) to be appropriated`9906`	-2.4m	-2.5m	-2.5m	-2.5m	-2.6m	-2.4m	-2.4m	-2.4m	-2.4m	-2.4m	-2.4m	-2.4m	-2.4m	-1.9m	-1.9m	-2.0m	-1.7m	-1.8m	-2.1m	-2.1m
Profit (loss) brought forward from the previous period`14P`	-2.5m	-2.5m	-2.5m	-2.6m	-2.4m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	24-08-2026	2026-00429482	PDF
31-12-2024	full format	26-08-2025	2025-00423335	PDF
31-12-2023	full format	18-06-2024	2024-00141575	PDF
31-12-2022	full format	17-08-2023	2023-00335761	PDF
31-12-2021	micro format	25-08-2022	2022-20341922	PDF
31-12-2020	micro format	01-07-2021	2021-30300409	PDF
31-12-2019	micro format	23-09-2020	2020-56800192	PDF
31-12-2018	full format	29-08-2019	2019-56100462	PDF
31-12-2017	full format	25-09-2018	2018-64600391	PDF
31-12-2016	full format	29-08-2017	2017-55600429	PDF
31-12-2015	full format	30-08-2016	2016-52600346	PDF
31-12-2014	full format	24-08-2015	2015-47900234	PDF
31-12-2013	full format	31-07-2014	2014-38400143	PDF
31-12-2012	full format	05-09-2013	2013-57500394	PDF
31-12-2011	full format	29-08-2012	2012-54800544	PDF
31-12-2010	full format	19-09-2011	2011-54800240	PDF
31-12-2009	full format	19-07-2010	2010-31800575	PDF
31-12-2008	full format	28-08-2009	2009-73300311	PDF
31-12-2007	full format	28-08-2008	2008-63500242	PDF
31-12-2006	full format	29-08-2007	2007-65400288	PDF
31-12-2005	abbreviated format	31-08-2006	2006-76501965	PDF
31-12-2004	abbreviated format	23-12-2005	2005-91303469	PDF
31-12-2003	abbreviated format	10-12-2004	2004-84605184	PDF
31-12-2002	abbreviated format	30-11-2004	2004-82200850	PDF
31-12-2001	abbreviated format	25-07-2002	2002-42104107	PDF
31-12-2000	abbreviated format	15-10-2001	2001-64403328	PDF
31-12-1999	abbreviated format	29-01-2001	2001-02803333	PDF
31-12-1998	abbreviated format	15-09-1999	1999-46304967	PDF
31-12-1997	abbreviated format	15-01-1999	1999-01103782	PDF
31-12-1996	abbreviated format	03-02-1998	1998-02004376	PDF
31-12-1995	abbreviated format	30-12-1996	1996-55400870	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	69,470	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flow	64,431	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in fixed assets	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,000	-	-
Change in cash	-2,408	3,667	-8,870	-6,737	-490	-2,513	-2,369	18,179	-4,440	-1,506	8,306	510	-611	-24,613	5,679	-995	13,881	6,669	-1,108	-
Working capital	-1.9m	-2.0m	-2.0m	-2.0m	-2.1m	-1.9m	-1.9m	-1.9m	-1.9m	-1.9m	-2.0m	-2.0m	-2.0m	-1.4m	-1.4m	-1.5m	-1.3m	-1.3m	-1.6m	-1.6m
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57.4%	-	-	-	-	-
Solvency	-	-	-	-	-	-942.4%	-	-942.3%	-496.2%	-528.1%	-531.8%	-425.3%	-422.3%	-144.3%	-141.0%	-169.8%	-98.6%	-84.8%	-172.5%	-171.7%
Current ratio	0.01	0.01	0.01	0.03	0.02	0.09	0.09	0.09	0.17	0.16	0.16	0.19	0.19	0.41	0.41	0.37	0.49	0.53	0.37	0.37
ROA	400.3%	192.7%	58.3%	31.4%	-297.1%	8.0%	1.3%	-1.0%	5.2%	0.6%	1.0%	0.4%	-117.2%	-1.2%	11.3%	-29.6%	1.1%	24.5%	-0.5%	-9.8%
Interest coverage	over 100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0 days	-	-	-	-	-
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	-	70 days	7 days	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€1,000	-	-	-	-
Depreciation and write-downs of the year	€28	-	-	-	-

WESTERLAAN

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency-

Current ratio0.01

Return on assets400.3%

Filed annual accounts

Filings

Key figures and ratios

Revenue breakdown

By activity 2011

By geographic market 2011

By activity

By geographic market

Investments

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