Financials
Financial year 2025
WOODSTAR from Avelgem, company number BE0425120514, closed financial year 2025 with a result of € -7,541 after tax. For that financial year WOODSTAR recorded a gross margin of € 1 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 2,119 to € -7,541. 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 June 19, 2026.
€ 1.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,541
▼ still € 2,119 profit in 2024
Profit after tax over the fiscal year.
€ 419,230
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
14.2
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 888,440
▲ 30% vs 2024
€ 62,600 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.
€ 32,873
▲ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 91,969
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,937
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,278,705 | € 954,422 | € 828,020 | € 1,013,700 | ▲ 22% |
| Profit after taxes | € 257,852 | € 86,797 | € 2,119 | € -7,541 | ▼ € 9,660 |
| Equity | € 1,759,177 | € 1,845,974 | € 1,848,093 | € 1,840,552 | |
| Total debts | € 1,209,165 | € 1,079,338 | € 1,107,175 | € 807,527 | ▼ 27% |
| Cash | € 841,171 | € 178,491 | € 404,722 | € 419,230 | ▲ 4% |
| Land & buildings | € 5,578 | € 5,578 | € 5,578 | € 5,578 | |
| Retained profit | € 979,177 | € 1,065,974 | € 1,068,093 | € 1,060,552 | ▼ 1% |
| Dividend | € 80,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,968,342 | € 2,925,312 | € 2,955,268 | € 2,648,079 | ▼ 10% |
| Employees (FTE) | 16.8 | 14.8 | 15 | 14.2 | ▼ 0.8 |
Key figures of WOODSTAR, 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 WOODSTAR?
What happened at WOODSTAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Immo Woodstar BV stepped down as director. NBB
- Stefaan DEWAELE stepped down as director. NBB
- Iemke OPSOMER stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 7,541 (▼ € 9,660 vs 2024). Source: NBB ↗
- Immo Woodstar BV became a director. NBB
- Stefaan DEWAELE became a director. NBB
- Iemke OPSOMER became a director. NBB
- New establishment in Avelgem. KBO
In short
From € 257,852 profit in 2022 to € 7,541 loss in 2025.
Paid € 92,360 in corporate taxes since 2022.
Best year ever: 2022, with € 257,852 profit.
On average € 71,400 of value added per employee in 2025.
Management
The stake of IMMO WOODSTAR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WOODSTARThe shares are held by IMMO WOODSTAR (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by DEWAELE Dries
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Knobbelstraat 63
8580 Avelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0425.120.514
- VAT number
- BE 0425.120.514
- Registered office
- Knobbelstraat 63, 8580 Avelgem
- Names & denominations
- WOODSTAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1983
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van schrijn- en timmerwerk
Algemene bouw van andere niet-residentiële gebouwen
Overige zakelijke dienstverlening, n.e.g.
Overige zakelijke dienstverlening, neg