What does Woonstart do?

Woonstart is a property company in Tielt. Private Limited, started on 30 August 1923, 1 establishment.

What is the address of Woonstart?

The registered office of Woonstart is located at Sint-Michielstraat 1A, 8700 Tielt.

Is Woonstart still active?

Yes. According to the CBE (29 October 2026) Woonstart is active, legal situation “Normale toestand”, started on 30 August 1923.

Is Woonstart registered on Peppol?

Yes, Woonstart is registered on the Peppol network with ID 0208:0405220963.

What is the enterprise number of Woonstart?

The enterprise number of Woonstart is BE0405220963.

When was Woonstart founded?

Woonstart was founded on 30 August 1923.

Is Woonstart a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 August 1923; 5 annual accounts filed, latest fiscal year 2025.

How much profit did Woonstart make in 2025?

Woonstart recorded a loss after taxes of € 835,178 in financial year 2025.

What is the revenue of Woonstart?

In its most recent annual accounts (2025), Woonstart reported revenue of € 7,325,986.

How much does an employee at Woonstart earn?

The average wage cost per full-time employee at Woonstart was € 89,800 in 2025: staff costs of € 1.5 million for 17.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Woonstart have?

According to the 2025 annual accounts, Woonstart has 17.1 full-time equivalents (FTE).

Woonstart (Private Limited) - Tielt - BE0405220963

Dossier Woonstart, printed on 29 October 2026 from databakkes.be/en/0405220963/woonstart. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2023.

Financials

Financial year 2025

Woonstart from Tielt, company number BE0405220963, closed financial year 2025 with a result of € -835,178 after tax. For that financial year Woonstart recorded revenue of € 7.3 million and equity of € 15.5 million. Compared with financial year 2024, the result moved from € -699,553 to € -835,178. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.

What it is worth Growing

€ 15.5 million

▲ 31% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -835,178

▼ 19 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2 million

▲ 29% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 11 million.

People and assets in 2025

Full-time equivalents

17.1

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.5 million

▲ 10% vs 2024

€ 89,800 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.

Vehicles and equipment

€ 107,510

▼ 25% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 25 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 78.8 million

▲ 34% vs 2024

€ 3.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.

Owed to suppliers

€ 242,921

▼ 70% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 560,255

▲ 11% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 5,652,027 Revenue 2022: € 5,652,027 First fiscal year in the series	€ 6,023,992 Revenue 2023: € 6,023,992 ▲ 7% vs 2022 (€ 5,652,027) Favourable step	€ 5,633,706 Revenue 2024: € 5,633,706 ▼ 6% vs 2023 (€ 6,023,992) Unfavourable step	€ 7,325,986 Revenue 2025: € 7,325,986 ▲ 30% vs 2024 (€ 5,633,706) Favourable step	▲ 30%
Gross margin	-	€ 3,725,530 Gross margin 2023: € 3,725,530 First fiscal year in the series	€ 3,669,702 Gross margin 2024: € 3,669,702 ▼ 1% vs 2023 (€ 3,725,530) Unfavourable step	€ 4,588,107 Gross margin 2025: € 4,588,107 ▲ 25% vs 2024 (€ 3,669,702) Favourable step	▲ 25%
Profit after taxes	€ -1,001,971 Profit after taxes 2022: € -1,001,971 First fiscal year in the series	€ -685,767 Profit after taxes 2023: € -685,767 ▲ € 316,204 vs 2022 (€ -1,001,971) Favourable step	€ -699,553 Profit after taxes 2024: € -699,553 ▼ € 13,786 vs 2023 (€ -685,767) Unfavourable step	€ -835,178 Profit after taxes 2025: € -835,178 ▼ € 135,624 vs 2024 (€ -699,553) Unfavourable step	▼ € 135,624
Equity	€ 6,347,912 Equity 2022: € 6,347,912 First fiscal year in the series	€ 12,642,540 Equity 2023: € 12,642,540 ▲ 99% vs 2022 (€ 6,347,912) Favourable step	€ 11,815,535 Equity 2024: € 11,815,535 ▼ 7% vs 2023 (€ 12,642,540) Unfavourable step	€ 15,514,356 Equity 2025: € 15,514,356 ▲ 31% vs 2024 (€ 11,815,535) Favourable step	▲ 31%
Total debts	€ 50,484,293 Total debts 2022: € 50,484,293 First fiscal year in the series	€ 60,406,041 Total debts 2023: € 60,406,041 ▲ 20% vs 2022 (€ 50,484,293) Unfavourable step	€ 61,402,084 Total debts 2024: € 61,402,084 ▲ 2% vs 2023 (€ 60,406,041) Unfavourable step	€ 81,699,993 Total debts 2025: € 81,699,993 ▲ 33% vs 2024 (€ 61,402,084) Unfavourable step	▲ 33%
Cash	€ 1,731,774 Cash 2022: € 1,731,774 First fiscal year in the series	€ 4,643,138 Cash 2023: € 4,643,138 ▲ 168% vs 2022 (€ 1,731,774) Favourable step	€ 1,573,182 Cash 2024: € 1,573,182 ▼ 66% vs 2023 (€ 4,643,138) Unfavourable step	€ 2,036,624 Cash 2025: € 2,036,624 ▲ 29% vs 2024 (€ 1,573,182) Favourable step	▲ 29%
Land & buildings	€ 48,151,251 Land & buildings 2022: € 48,151,251 First fiscal year in the series	€ 60,748,021 Land & buildings 2023: € 60,748,021 ▲ 26% vs 2022 (€ 48,151,251) Unchanged	€ 61,164,278 Land & buildings 2024: € 61,164,278 ▲ 1% vs 2023 (€ 60,748,021) Unchanged	€ 88,480,680 Land & buildings 2025: € 88,480,680 ▲ 45% vs 2024 (€ 61,164,278) Unchanged	▲ 45%
Retained profit	€ 5,568,070 Retained profit 2022: € 5,568,070 First fiscal year in the series	€ 9,204,033 Retained profit 2023: € 9,204,033 ▲ 65% vs 2022 (€ 5,568,070) Favourable step	€ 8,504,480 Retained profit 2024: € 8,504,480 ▼ 8% vs 2023 (€ 9,204,033) Unfavourable step	€ 11,041,413 Retained profit 2025: € 11,041,413 ▲ 30% vs 2024 (€ 8,504,480) Favourable step	▲ 30%
Bank debt	€ 48,928,787 Bank debt 2022: € 48,928,787 First fiscal year in the series	€ 58,541,296 Bank debt 2023: € 58,541,296 ▲ 20% vs 2022 (€ 48,928,787) Unfavourable step	€ 58,705,435 Bank debt 2024: € 58,705,435 Unchanged (€ 58,541,296) Unfavourable step	€ 78,843,313 Bank debt 2025: € 78,843,313 ▲ 34% vs 2024 (€ 58,705,435) Unfavourable step	▲ 34%
Balance sheet total	€ 56,959,265 Balance sheet total 2022: € 56,959,265 First fiscal year in the series	€ 73,315,680 Balance sheet total 2023: € 73,315,680 ▲ 29% vs 2022 (€ 56,959,265) Unchanged	€ 73,473,843 Balance sheet total 2024: € 73,473,843 Unchanged (€ 73,315,680) Unchanged	€ 97,529,158 Balance sheet total 2025: € 97,529,158 ▲ 33% vs 2024 (€ 73,473,843) Unchanged	▲ 33%
Employees (FTE)	7 Employees (FTE) 2022: 7 First fiscal year in the series	17.6 Employees (FTE) 2023: 17.6 ▲ 10.6 vs 2022 (7) Unchanged	17.2 Employees (FTE) 2024: 17.2 ▼ 0.4 vs 2023 (17.6) Unchanged	17.1 Employees (FTE) 2025: 17.1 ▼ 0.1 vs 2024 (17.2) Unchanged	▼ 0.1

Key figures of Woonstart, 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 Woonstart?

What happened at Woonstart in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 15, 2026 New annual accounts for financial year 2025: loss of € 835,178. Source: NBB ↗
Sep 14, 2006 New establishment in Tielt. KBO
Aug 30, 1923 Start of the company according to the CBE. KBO

In short

From € 1 million loss in 2022 to € 835,178 loss in 2025.

Paid € 2,449 in corporate taxes since 2022.

On average € 268,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Michielstraat 1A

8700 Tielt

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0405.220.963

VAT number

BE 0405.220.963

Registered office

Sint-Michielstraat 1A, 8700 Tielt

Names & denominations

Woonstart

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

30 August 1923

Peppol

Active · Active since 24 Nov 2025

Activities · NACE

Verhuur en exploitatie van sociale woningen

Verhuur van sociale woningen

Activiteiten van syndici van onroerend goed

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Algemene bouw van residentiële gebouwen

Ontwikkeling van residentiële bouwprojecten

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗