Active · per the CBE, 29 October 2026

WOODSTAR

BE0425120514

Rechtspersoon Public limited company 1 establishment

WOODSTAR is a joinery in Avelgem. Public Limited, started on 29 December 1983, 1 establishment.

Knobbelstraat 63, 8580 Avelgem

Active for

42 year, 10 months

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.

What it is worth Healthy

€ 1.8 million

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

Loss Caution

€ -7,541

▼ still € 2,119 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 419,230

▲ 4% 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 € 1.1 million.

People and assets in 2025

Full-time equivalents

14.2

▼ 0.8 vs 2024

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

Wage cost

€ 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.

Vehicles and equipment

€ 32,873

▲ 18% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 91,969

▼ 40% vs 2024

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

Taxes and wages

€ 110,937

▼ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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.

WOODSTAR

The shares are held by IMMO WOODSTAR (100%).

Directors

According to the 2025 annual accounts

Immo Woodstar BV

Managing director · represented by DEWAELE Dries

since 2023 · until 2029

Stefaan DEWAELE

Director

Also active at: BOUWBEDRIJVEN DEWAELE, GROEP DEWAELE, IMMO WOODSTAR

since 2023 · until 2029

Iemke OPSOMER

Managing director

Also active at: IMMO WOODSTAR, HERBERG 'T MOLENHUIS

since 2023 · until 2029

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

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

Frequently asked questions

What does WOODSTAR do?
WOODSTAR is a joinery in Avelgem. Public Limited, started on 29 December 1983, 1 establishment.
What is the address of WOODSTAR?
The registered office of WOODSTAR is located at Knobbelstraat 63, 8580 Avelgem.
Is WOODSTAR still active?
Yes. According to the CBE (29 October 2026) WOODSTAR is active, legal situation “Normale toestand”, started on 29 December 1983.
Is WOODSTAR registered on Peppol?
Yes, WOODSTAR is registered on the Peppol network with ID 0208:0425120514.
What is the enterprise number of WOODSTAR?
The enterprise number of WOODSTAR is BE0425120514.
When was WOODSTAR founded?
WOODSTAR was founded on 29 December 1983.