WESTSITE (0459.340.332), Inactive: financials and annual accounts

WESTSITE

KBO/BCE: BE 0459.340.332

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	24,019	21,654	79,538	279,092	359,712	445,294	483,098	430,596	429,419	415,973	419,610	427,768	436,110	406,439	477,655	509,514	498,079	646,572	568,143
Fixed assets`21/28`	-	4,060	6,419	4,717	8,166	14,598	21,058	15,415	16,529	22,124	11,685	21,504	27,040	8,755	10,819	22,143	40,289	49,196	67,038
Intangible fixed assets`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,101	2,852	4,603	4,407
Tangible fixed assets`22/27`	-	4,060	3,165	1,463	4,912	11,344	17,804	15,281	16,395	21,990	11,551	21,370	26,906	8,621	10,685	20,908	37,303	44,459	62,581
Plant, machinery and equipment`23`	-	4,060	3,165	1,463	4,538	3,999	3,487	2,987	-	-	3,348	6,351	2,332	3,589	4,692	11,364	21,415	22,849	35,189
Furniture and vehicles`24`	-	-	-	-	373	7,345	14,317	12,294	16,395	21,990	8,203	15,019	24,574	5,032	5,993	9,544	9,113	8,060	7,067
Financial fixed assets`28`	-	-	3,254	3,254	3,254	3,254	3,254	134	134	134	134	134	134	134	134	134	134	134	50
Current assets`29/58`	24,019	17,594	73,119	274,375	351,546	430,695	462,040	415,182	412,890	393,850	407,925	406,264	409,070	397,684	466,836	487,371	457,790	597,376	501,105
Amounts receivable within one year`40/41`	1,607	2,119	37,960	70,360	65,548	83,538	181,688	133,066	94,135	121,776	135,171	150,509	184,195	173,088	266,255	266,624	216,572	260,803	234,847
Trade receivables`40`	-	1,611	30,388	63,329	58,521	76,530	172,813	124,119	78,787	114,729	124,524	135,735	161,366	150,947	236,486	233,503	213,820	260,803	233,895
Other amounts receivable`41`	1,607	508	7,572	7,031	7,027	7,008	8,874	8,947	15,348	7,047	10,647	14,774	22,829	22,141	29,769	33,121	2,752	-	952
Current investments`50/53`	-	-	-	-	-	-	-	-	-	121,971	121,851	255,755	120,985	143,451	143,451	158,214	180,833	250,000	100,256
Cash at bank and in hand`54/58`	21,505	14,659	30,738	204,015	285,998	347,157	280,352	282,116	318,755	149,998	146,836	-	103,657	81,145	57,130	62,533	60,385	86,412	165,888
Deferred charges and accrued income`490/1`	906	816	4,421	-	-	-	-	-	-	105	4,067	-	233	-	-	-	-	161	114
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	24,019	21,654	79,538	279,092	359,712	445,294	483,098	430,596	429,419	415,973	419,610	427,768	436,110	406,439	477,655	509,514	498,079	646,572	568,143
Equity`10/15`	19,242	14,158	33,168	134,881	200,514	253,425	253,353	232,939	229,626	226,227	221,429	216,244	212,427	210,113	207,056	194,561	172,298	281,351	205,723
Contributions`10/11`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Capital`10`	62,000	62,000	62,000	62,000	62,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Reserves`13`	6,200	6,200	6,200	72,881	138,514	191,425	191,353	170,939	167,626	50,041	50,041	50,041	50,041	50,041	50,041	50,041	42,550	42,550	42,550
Non-distributable reserves`130/1`	6,200	6,200	6,200	6,200	6,200	6,200	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Tax-exempt reserves`132`	-	-	-	-	-	36,350	36,350	36,350	36,350	36,350	36,350	36,350	36,350	36,350	36,350	36,350	36,350	36,350	36,350
Distributable reserves`133`	-	-	-	66,681	132,314	148,875	148,803	128,389	125,076	7,491	7,491	7,491	7,491	7,491	7,491	7,491	-	-	-
Profit (loss) carried forward`14`	-48,958	-54,042	-35,032	-	-	-	-	-	-	114,186	109,388	104,203	100,386	98,072	95,015	82,520	67,748	176,801	101,173
Provisions and deferred taxes`16`	-	-	-	20,022	20,022	20,022	20,022	20,022	45,000	45,000	45,000	45,000	45,000	45,000	45,000	-	-	13,148	18,250
Provisions for liabilities and charges`160/5`	-	-	-	20,022	20,022	20,022	20,022	20,022	45,000	45,000	45,000	45,000	45,000	45,000	45,000	-	-	13,148	18,250
Environmental obligations`163`	-	-	-	20,022	20,022	20,022	20,022	20,022	45,000	-	-	-	-	-	-	-	-	-	-
Other liabilities and charges`164/5`	-	-	-	-	-	-	-	-	-	45,000	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	4,777	7,496	46,370	124,189	139,176	171,847	209,723	177,636	154,793	144,746	153,181	166,524	178,683	151,326	225,599	314,953	325,781	352,073	344,170
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,758	13,659	20,227
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,758	13,659	20,227
Amounts payable within one year`42/48`	4,777	7,496	46,370	124,189	139,176	171,847	209,723	176,436	154,793	144,746	136,423	166,524	178,683	149,308	196,448	314,253	318,892	338,414	323,943
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,863	6,901	6,569	14,586
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,105	11,838	5,071
Credit institutions`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,105	11,838	5,071
Trade debts`44`	2,045	6,827	25,671	10,053	11,881	19,199	26,865	15,848	16,991	8,756	3,929	7,479	25,539	10,962	12,773	12,579	25,721	51,075	37,858
Suppliers`440/4`	2,045	6,827	25,671	10,053	11,881	19,199	26,865	15,848	16,991	8,756	3,929	7,479	25,539	10,962	12,773	12,579	25,721	51,075	37,858
Advances received on contracts in progress`46`	-	-	-	67,988	70,652	78,424	123,615	121,781	87,956	-	-	-	-	-	134,341	235,088	221,536	216,623	206,959
Taxes, remuneration and social security`45`	314	258	20,296	46,056	56,552	74,177	59,243	38,806	49,846	135,990	132,494	159,045	153,144	138,346	49,334	54,723	59,629	52,309	59,469
Taxes`450/3`	314	258	3,048	11,330	10,851	16,190	29,772	3,644	-	9,306	3,623	4,952	2,601	33,796	13,908	20,758	19,601	22,368	30,157
Remuneration and social security`454/9`	-	-	17,248	34,726	45,701	57,987	29,472	35,163	49,846	126,684	128,871	154,093	150,543	104,550	35,426	33,965	40,028	29,941	29,312
Other amounts payable`47/48`	2,418	410	403	91	91	47	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	1,200	-	-	16,758	-	-	2,018	29,151	700	131	-	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	826	354	3,669	-	-	249	-
Gross operating margin`9900`	16,725	-14,473	154,322	151,695	169,560	261,808	266,650	242,342	235,364	250,861	293,555	276,718	261,217	282,450	413,736	416,049	457,320	415,638	373,035
Remuneration, social security and pensions`62`	-	-	213,016	211,966	205,860	248,301	216,234	227,371	221,921	231,092	271,825	254,935	246,001	273,155	329,322	366,872	341,600	258,822	255,478
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	1,355	1,144	1,151	8,764	9,979	9,851	7,461	5,595	14,462	11,766	12,887	11,959	7,170	58,204	22,801	30,206	28,066	31,140
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,693	-1,376
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,101	-12,704
Other operating charges`640/8`	11,065	2,421	3,098	1,174	1,181	1,091	12,108	921	905	1,777	1,636	2,046	1,527	2,571	2,863	4,197	9,649	3,377	6,767
Non-recurring operating charges`66A`	-	-	-	2,298	-	-	-	-	-	1,126	-	-	486	-	-	-	-	395	-
Operating profit (loss)`9901`	5,660	-18,249	-62,935	-64,894	-46,245	2,437	28,457	6,589	6,943	2,404	8,328	6,850	1,730	-446	23,347	22,179	75,865	106,781	93,730
Financial income`75/76B`	6	12	20,052	3	16	392	-	87	485	6,101	1,437	887	3,912	5,448	3,389	4,269	7,947	5,992	3,807
Recurring financial income`75`	6	12	29	3	16	392	-	78	206	1,095	1,437	887	3,912	5,448	3,389	4,269	7,947	5,992	3,807
Non-recurring financial income`76B`	-	-	20,022	-	-	-	-	9	279	5,006	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	266	514	58,580	194	249	394	339	190	257	112	138	124	330	891	789	1,798	2,070	2,225	2,961
Recurring financial charges`65`	266	514	10,887	194	249	394	339	190	257	112	138	124	330	891	789	1,798	2,070	2,225	2,961
Non-recurring financial charges`66B`	-	-	47,692	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	5,400	-18,751	-101,463	-65,085	-46,478	2,434	28,118	6,486	7,170	8,392	9,627	7,613	5,652	4,465	29,616	24,650	81,742	110,402	94,576
Income taxes`67/77`	316	258	250	548	6,432	2,363	7,704	3,174	3,771	3,594	4,442	3,796	3,338	1,408	17,121	9,878	14,795	34,774	37,411
Profit (loss) for the period`9904`	5,084	-19,009	-101,713	-65,633	-52,911	72	20,414	3,312	3,399	4,798	5,185	3,817	2,314	3,057	12,495	14,772	66,947	75,628	57,165
Transfer from tax-exempt reserves`789`	-	-	-	-	36,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	5,084	-19,009	-101,713	-65,633	-16,561	72	20,414	3,312	3,399	4,798	5,185	3,817	2,314	3,057	12,495	14,772	66,947	75,628	57,165
Appropriation of the result
Profit (loss) to be appropriated`9906`	-48,958	-54,042	-101,713	-65,633	-16,561	72	20,414	3,312	117,585	114,186	109,388	104,203	100,386	98,072	95,015	82,520	243,748	176,801	101,173
Profit (loss) brought forward from the previous period`14P`	-54,042	-35,032	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	66,681	132,314	148,875	148,803	128,389	125,076	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	66,681	132,314	148,875	148,803	128,389	117,585	-	-	-	-	-	-	-	-	-	-
To other reserves`6921`	-	-	-	66,681	132,314	148,875	148,803	128,389	117,585	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	176,000	-	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	176,000	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	3	2.8	2.9	3	3	3	3	3	3.9	4	3.5	4	4.9	5.9	5.8	4.2	4.1
Hours worked`1013`	-	-	5,220	4,572	5,016	5,019	5,126	56,141	5,213	5,279	6,963	6,484	5,781	6,933	8,221	10,456	9,790	7,250	6,980
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	08-04-2026	2026-00074651	PDF
31-12-2024	micro format	31-08-2025	2025-00458624	PDF
31-12-2023	micro format	09-09-2024	2024-00458575	PDF
31-12-2022	micro format	30-08-2023	2023-00375107	PDF
31-12-2021	micro format	21-06-2022	2022-20076820	PDF
31-12-2020	micro format	10-08-2021	2021-47300506	PDF
31-12-2019	micro format	24-06-2020	2020-20400055	PDF
31-12-2018	micro format	25-06-2019	2019-22200115	PDF
31-12-2017	micro format	04-06-2018	2018-15600472	PDF
31-12-2016	micro format	14-06-2017	2017-17700092	PDF
31-12-2015	abbreviated format	07-06-2016	2016-15400268	PDF
31-12-2014	abbreviated format	23-07-2015	2015-32800425	PDF
31-12-2013	abbreviated format	11-06-2014	2014-16200350	PDF
31-12-2012	abbreviated format	26-07-2013	2013-34700178	PDF
31-12-2011	abbreviated format	12-06-2012	2012-15700551	PDF
31-12-2010	abbreviated format	09-06-2011	2011-15100221	PDF
31-12-2009	abbreviated format	13-08-2010	2010-40400576	PDF
31-12-2008	abbreviated format	25-08-2009	2009-62100236	PDF
31-12-2007	abbreviated format	22-08-2008	2008-60200138	PDF
31-12-2006	abbreviated format	21-06-2007	2007-25200110	PDF
31-12-2005	abbreviated format	12-06-2006	2006-21900217	PDF
31-12-2004	abbreviated format	12-07-2005	2005-45600228	PDF
31-12-2003	abbreviated format	11-06-2004	2004-22500185	PDF
31-12-2002	abbreviated format	02-07-2003	2003-33500246	PDF
31-12-2001	abbreviated format	26-06-2002	2002-26500166	PDF
31-12-2000	abbreviated format	25-06-2001	2001-25100234	PDF
31-12-1999	abbreviated format	29-06-2000	2000-29700248	PDF
31-12-1998	abbreviated format	22-06-1999	1999-20904714	PDF
31-12-1997	abbreviated format	08-06-1998	1998-14402402	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-	-16,894	-61,792	-63,743	-37,481	12,416	38,308	14,050	12,538	16,866	20,094	19,737	13,689	6,724	81,551	44,980	106,071	134,847	124,870
Cash flow	-	-17,654	-100,570	-64,483	-44,146	10,051	30,265	10,774	8,994	19,260	16,951	16,704	14,273	10,227	70,699	37,573	97,153	103,694	88,305
Investment in fixed assets (approximation)	-	-1,005	2,846	-2,298	2,332	5,949	25,905	6,347	0	26,027	1,947	7,351	30,730	5,106	1,880	4,655	16,710	10,224	23,729
Change in cash	6,847	-16,079	-173,277	-81,984	-61,159	66,805	-1,763	-36,639	168,757	3,162	-	-	22,512	24,015	-5,403	2,148	-26,027	-79,476	-
Working capital	19,242	10,099	26,748	150,186	212,371	258,848	252,317	238,746	258,097	249,103	271,502	239,740	230,387	248,376	270,388	173,118	138,898	258,962	177,162
Solvency	80.1%	65.4%	41.7%	48.3%	55.7%	56.9%	52.4%	54.1%	53.5%	54.4%	52.8%	50.6%	48.7%	51.7%	43.3%	38.2%	34.6%	43.5%	36.2%
Current ratio	5.03	2.35	1.58	2.21	2.53	2.51	2.20	2.35	2.67	2.72	2.99	2.44	2.29	2.66	2.38	1.55	1.44	1.77	1.55
Debt to equity	0.25	0.53	1.40	0.92	0.69	0.68	0.83	0.76	0.67	0.64	0.69	0.77	0.84	0.72	1.09	1.62	1.89	1.25	1.67
ROE	26.4%	-134.3%	-306.7%	-48.7%	-26.4%	0.0%	8.1%	1.4%	1.5%	2.1%	2.3%	1.8%	1.1%	1.5%	6.0%	7.6%	38.9%	26.9%	27.8%
ROA	21.2%	-87.8%	-127.9%	-23.5%	-14.7%	0.0%	4.2%	0.8%	0.8%	1.2%	1.2%	0.9%	0.5%	0.8%	2.6%	2.9%	13.4%	11.7%	10.1%
Interest coverage	-	-32.84	-5.68	-327.81	-150.27	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	3	3	3
full-time	3	3	2
part-time	-	-	1
in full-time equivalents	3	3	2.9
Average over the year, in full-time equivalents	3	2.8	2.9
On a permanent contract	3	3	3

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	€2,846	-	€2,332
Depreciation and write-downs of the year	-	€1,355	€1,144	€1,151	€8,764

WESTSITE

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on WESTSITE