Active · per the CBE, 29 October 2026

WOODMASTER.BE

BE0419355348

Rechtspersoon Public limited company 1 establishment

WOODMASTER.BE is a wholesaler in Wingene. Public Limited, started on 3 April 1979, 1 establishment.

Akkerstraat 9, 8750 Wingene

Active for

47 year, 6 months

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.

  • Shrinking team NBB

    FTE fell two years in a row, from 12.5 to 10.7.

Financials

Financial year 2025

WOODMASTER.BE from Wingene, company number BE0419355348, closed financial year 2025 with a result of € -912,637 after tax. For that financial year WOODMASTER.BE recorded a gross margin of € 256,705 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -368,453 to € -912,637. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 26, 2025.

What it is worth Healthy

€ 1.5 million

▼ 38% vs 2024

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

Loss Caution

€ -912,637

▼ 148 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 66,850

▼ 45% 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 € 1.2 million.

People and assets in 2025

Full-time equivalents

10.7

▼ 1.2 vs 2024

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

Wage cost

€ 1 million

▼ 9% vs 2024

€ 96,700 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

€ 83,885

▼ 30% vs 2024

Of which on lease € 37,881.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 1.6 million

▲ 58% vs 2024

€ 27,323 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1.3 million

▼ 22% vs 2024

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

Taxes and wages

€ 206,915

▼ 13% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 16,172,811 € 16,818,991 € 10,873,043 -
Gross margin - - - € 256,705
Profit after taxes € 310,445 € 110,171 € -368,453 € -912,637 ▼ € 544,184
Equity € 2,636,221 € 2,746,392 € 2,377,939 € 1,465,303 ▼ 38%
Total debts € 7,051,811 € 5,638,666 € 4,598,433 € 20,537,098 ▲ € 15.9 million
Cash € 654,573 € 580,535 € 120,563 € 66,850 ▼ 45%
Land & buildings € 167,005 € 162,785 € 240,181 € 265,708 ▲ 11%
Retained profit € 2,388,327 € 2,498,498 € 2,130,046 € 1,217,409 ▼ 43%
Bank debt € 362,553 € 558,671 € 996,141 € 1,574,178 ▲ 58%
Balance sheet total € 9,688,032 € 8,385,057 € 6,976,372 € 22,002,401 ▲ 215%
Employees (FTE) 15.1 12.5 11.9 10.7 ▼ 1.2

Key figures of WOODMASTER.BE, 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 October 2026.

What happened to WOODMASTER.BE?

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

  • Mario Havegeer stepped down as director. NBB
  • Haco NV stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 912,637. filed late Source: NBB ↗
  • Mario Havegeer became a director. NBB
  • Haco NV became a director. NBB
  • New establishment in Ardooie. KBO
  • Start of the company according to the CBE. KBO

In short

From € 310,445 profit in 2022 to € 912,637 loss in 2025.

Paid € 135,921 in corporate taxes since 2022.

Best year ever: 2022, with € 310,445 profit.

On average € 24,000 of value added per employee in 2025.

Management

Haco 99%

The stake of Haco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

WOODMASTER.BE

The shares are held by Haco (99%).

Directors

According to the 2025 annual accounts

Mario Havegeer

Managing director

Also active at: HEMAG, KIMAC, H&D, SIMA, F.M.K., TOOLMAX, ALFA-INVEST, MUBEA SYSTEMS

since 2025 · until 2031

Haco NV

Director · represented by Francky HAVEGEER

Also active at: ROBOSOFT, EUROPEAN LASER APPLICATIONS SYSTEMS

since 2025 · until 2031

Shareholders

Haco

99%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Akkerstraat 9

8750 Wingene

2.016.107.089

Hogeschuurstraat 2

8850 Ardooie

Active since 3 April 1979

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

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

Details

Company number
0419.355.348
VAT number
BE 0419.355.348
Registered office
Akkerstraat 9, 8750 Wingene
Names & denominations
WOODMASTER.BE
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
3 April 1979
Peppol
Active · Active since 7 Dec 2025
Activities · NACE

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Overige detailhandel, niet in winkels

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Frequently asked questions

What does WOODMASTER.BE do?
WOODMASTER.BE is a wholesaler in Wingene. Public Limited, started on 3 April 1979, 1 establishment.
What is the address of WOODMASTER.BE?
The registered office of WOODMASTER.BE is located at Akkerstraat 9, 8750 Wingene.
Is WOODMASTER.BE still active?
Yes. According to the CBE (29 October 2026) WOODMASTER.BE is active, legal situation “Normale toestand”, started on 3 April 1979.
Is WOODMASTER.BE registered on Peppol?
Yes, WOODMASTER.BE is registered on the Peppol network with ID 0208:0419355348.
What is the enterprise number of WOODMASTER.BE?
The enterprise number of WOODMASTER.BE is BE0419355348.
When was WOODMASTER.BE founded?
WOODMASTER.BE was founded on 3 April 1979.