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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
PAMWOOD from Vielsalm, company number BE0428887478, closed financial year 2025 with a result of € 20,231 after tax. For that financial year PAMWOOD recorded revenue of € 62,001 and equity of € -112,472. Compared with financial year 2024, the result moved from € 16,055 to € 20,231. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 17, 2026.
€ -112,472
▲ € 20,231 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,231
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 2,908
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -194,972.
People and assets in 2025
€ 2,128
▲ 52% 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.
€ 558
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,857
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 56,024 | € 81,853 | € 56,104 | € 62,001 | ▲ 11% |
| Gross margin | € 14,580 | € 35,726 | € 20,816 | € 25,045 | ▲ 20% |
| Profit after taxes | € 10,774 | € 32,019 | € 16,055 | € 20,231 | ▲ 26% |
| Equity | € -180,777 | € -148,758 | € -132,703 | € -112,472 | ▲ € 20,231 |
| Total debts | € 236,940 | € 230,757 | € 219,257 | € 144,936 | ▼ 34% |
| Cash | € 39,254 | € 51,351 | € 62,907 | € 2,908 | ▼ 95% |
| Retained profit | € -255,777 | € -231,258 | € -215,203 | € -194,972 | ▲ € 20,231 |
| Balance sheet total | € 56,163 | € 81,999 | € 86,554 | € 32,464 | ▼ 62% |
Key figures of PAMWOOD, 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 PAMWOOD?
What happened at PAMWOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,231 (▲ 26% vs 2024). Source: NBB ↗
- Pamela van Zuylen became a director. NBB
- New establishment in Vielsalm. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,774 profit in 2022 to € 20,231 profit in 2025.
Paid € 5 in corporate taxes since 2022.
Best year ever: 2023, with € 32,019 profit.
Management
Behind PAMWOOD are Jean-Paul van Zuylen and Pamela van Zuylen. Jean-Paul van Zuylen is also behind GROUPEMENT FORESTIER VAN ZUYLEN DUESBERG.
Directors
According to the 2025 annual accounts
Pamela van Zuylen
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Place de Salm 2-0B
6690 Vielsalm
Bécharprez 2
6698 Vielsalm
Active since 19 June 1986
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.887.478
- VAT number
- BE 0428.887.478
- Registered office
- Place de Salm 2-0B, 6690 Vielsalm
- Names & denominations
- PAMWOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 1986
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Exploitatie van bossen
Bosexploitatie