Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 15.8 to 12.2.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Placabois from Wevelgem, company number BE0405435353, closed financial year 2025 with a result of € -59,933 after tax. For that financial year Placabois recorded a gross margin of € 1.3 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 138,825 to € -59,933. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 7, 2026.
€ 2.3 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,933
▼ still € 138,825 profit in 2024
Profit after tax over the fiscal year.
€ 247,008
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.6 million.
People and assets in 2025
12.2
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 707,348
▼ 9% vs 2024
€ 58,000 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.
€ 18,516
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 18% vs 2024
€ 300,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 618,597
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,394
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,826,864 | € 1,551,175 | € 1,564,868 | € 1,316,344 | ▼ 16% |
| Profit after taxes | € 506,681 | € 83,801 | € 138,825 | € -59,933 | ▼ € 198,758 |
| Equity | € 2,135,792 | € 2,219,593 | € 2,358,418 | € 2,298,486 | ▼ 3% |
| Total debts | € 2,712,308 | € 2,869,437 | € 2,231,787 | € 2,128,106 | ▼ 5% |
| Cash | € 452,409 | € 195,383 | € 740,647 | € 247,008 | ▼ 67% |
| Retained profit | € 1,476,792 | € 1,560,593 | € 1,699,418 | € 1,639,486 | ▼ 4% |
| Dividend | € 303,600 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,783,431 | € 2,025,650 | € 1,675,000 | € 1,375,000 | ▼ 18% |
| Balance sheet total | € 4,848,100 | € 5,089,030 | € 4,590,205 | € 4,426,592 | ▼ 4% |
| Employees (FTE) | 14 | 15.8 | 14.8 | 12.2 | ▼ 2.6 |
Key figures of Placabois, 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 Placabois?
What happened at Placabois in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Seastar Capital BV stepped down as director. NBB
- Devax BV stepped down as director. NBB
- International Wood Holding NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 59,933 (▼ € 198,758 vs 2024). Source: NBB ↗
- Belinvest NV stepped down as director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Wevelgem. KBO
In short
From € 506,681 profit in 2022 to € 59,933 loss in 2025.
Paid € 255,779 in corporate taxes since 2022.
Best year ever: 2022, with € 506,681 profit.
On average € 107,900 of value added per employee in 2025.
Management
The stake of INTERNATIONAL WOOD HOLDING, DEVAX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PlacaboisThe shares are held by INTERNATIONAL WOOD HOLDING (88.9%) and DEVAX (11.1%).
Directors
According to the 2025 annual accounts
Director · represented by Michael Van Cauwenberge
Also active at: LESAGE INDUSTRIES, Batal, FINIPAN, HEBIC, VANCA-BELGIUM, WITON, RNA Pioneering, Lamitrans +17 more
· until 2028
Director · represented by Bart Allossery
Also active at: FINIPAN, HEBIC, VANCA-BELGIUM, PARTNERS@VENTURE, Lamitrans, STRATINVEST, DESIGN VENTURES, Agri-LL-Invest +6 more
· until 2025
Managing director · represented by Axel Devos
Also active at: FINIPAN, VANCA-BELGIUM, Lamitrans, Forma Belgium, TRILAM, INTERNATIONAL WOOD HOLDING, INTERNATIONAL WOOD PRODUCTS
· until 2028
Managing director · represented by Joost Van Cauwenberge
Also active at: FINIPAN, HEBIC, VANCA-BELGIUM, WITON, Lamitrans, Forma Belgium, TRILAM, INTERNATIONAL WOOD PRODUCTS +1 more
· until 2028
Shareholders
11.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oostlaan 4
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →FINIPAN same network
€ 980,793 gross margin · 2025
HEBIC same network
€ 2.5 million gross margin · 2025
VANCA-BELGIUM same network
€ 17.5 million revenue · 2025
Lamitrans same network
€ 852,299 gross margin · 2025
STRATINVEST same network
€ 1.4 million gross margin · 2025
+11 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.435.353
- VAT number
- BE 0405.435.353
- Registered office
- Oostlaan 4, 8560 Wevelgem
- Names & denominations
- Placabois
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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