What is the address of REDWOOD?

The registered office of REDWOOD is located at Beernemstraat 93, 8750 Wingene.

Is REDWOOD still active?

Yes. According to the CBE (30 October 2026) REDWOOD is active, legal situation “Normale toestand”, started on 2 June 1986.

Is REDWOOD registered on Peppol?

Yes, REDWOOD is registered on the Peppol network with ID 0208:0429119684.

What is the enterprise number of REDWOOD?

The enterprise number of REDWOOD is BE0429119684.

When was REDWOOD founded?

REDWOOD was founded on 2 June 1986.

Who are the directors of REDWOOD?

According to the 2025 annual accounts, the directors of REDWOOD are: Robin Desoete.

Is REDWOOD a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 June 1986; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did REDWOOD make in 2025?

REDWOOD recorded a loss after taxes of € 4,832 in financial year 2025.

What is the revenue of REDWOOD?

As a small company, REDWOOD is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 66,246.

REDWOOD (Public Limited) - Wingene - BE0429119684

Dossier REDWOOD, printed on 30 October 2026 from databakkes.be/en/0429119684/redwood. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

REDWOOD from Wingene, company number BE0429119684, closed financial year 2025 with a result of € -4,832 after tax. For that financial year REDWOOD recorded a gross margin of € 66,246 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 12,173 to € -4,832. 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 21, 2026.

What it is worth Healthy

€ 1.1 million

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

Loss Caution

€ -4,832

▼ still € 12,173 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,964

▲ 160% 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 € -92,758.

Debts at end 2025

Bank debt

€ 549,920

▲ € 534,281 vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 24,036

▼ 60% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 44,617 Gross margin 2022: € 44,617 First fiscal year in the series	€ 25,345 Gross margin 2023: € 25,345 ▼ 43% vs 2022 (€ 44,617) Unfavourable step	€ 48,762 Gross margin 2024: € 48,762 ▲ 92% vs 2023 (€ 25,345) Favourable step	€ 66,246 Gross margin 2025: € 66,246 ▲ 36% vs 2024 (€ 48,762) Favourable step	▲ 36%
Profit after taxes	€ 35,770 Profit after taxes 2022: € 35,770 First fiscal year in the series	€ -22,820 Profit after taxes 2023: € -22,820 ▼ € 58,590 vs 2022 (€ 35,770) Unfavourable step	€ 12,173 Profit after taxes 2024: € 12,173 ▲ € 34,994 vs 2023 (€ -22,820) Favourable step	€ -4,832 Profit after taxes 2025: € -4,832 ▼ € 17,005 vs 2024 (€ 12,173) Unfavourable step	▼ € 17,005
Equity	€ 1,116,037 Equity 2022: € 1,116,037 First fiscal year in the series	€ 1,093,217 Equity 2023: € 1,093,217 ▼ 2% vs 2022 (€ 1,116,037) Unfavourable step	€ 1,105,391 Equity 2024: € 1,105,391 ▲ 1% vs 2023 (€ 1,093,217) Favourable step	€ 1,100,559 Equity 2025: € 1,100,559 Unchanged (€ 1,105,391) Unfavourable step
Total debts	€ 131,147 Total debts 2022: € 131,147 First fiscal year in the series	€ 149,244 Total debts 2023: € 149,244 ▲ 14% vs 2022 (€ 131,147) Unfavourable step	€ 130,903 Total debts 2024: € 130,903 ▼ 12% vs 2023 (€ 149,244) Favourable step	€ 884,775 Total debts 2025: € 884,775 ▲ € 753,872 vs 2024 (€ 130,903) Unfavourable step	▲ € 753,872
Cash	€ 4,165 Cash 2022: € 4,165 First fiscal year in the series	€ 596 Cash 2023: € 596 ▼ 86% vs 2022 (€ 4,165) Unfavourable step	€ 1,139 Cash 2024: € 1,139 ▲ 91% vs 2023 (€ 596) Favourable step	€ 2,964 Cash 2025: € 2,964 ▲ 160% vs 2024 (€ 1,139) Favourable step	▲ 160%
Land & buildings	€ 1,189,158 Land & buildings 2022: € 1,189,158 First fiscal year in the series	€ 1,179,236 Land & buildings 2023: € 1,179,236 ▼ 1% vs 2022 (€ 1,189,158) Unchanged	€ 1,169,315 Land & buildings 2024: € 1,169,315 ▼ 1% vs 2023 (€ 1,179,236) Unchanged	€ 1,930,983 Land & buildings 2025: € 1,930,983 ▲ 65% vs 2024 (€ 1,169,315) Unchanged	▲ 65%
Retained profit	€ -77,279 Retained profit 2022: € -77,279 First fiscal year in the series	€ -100,099 Retained profit 2023: € -100,099 ▼ € 22,820 vs 2022 (€ -77,279) Unfavourable step	€ -87,926 Retained profit 2024: € -87,926 ▲ € 12,173 vs 2023 (€ -100,099) Favourable step	€ -92,758 Retained profit 2025: € -92,758 ▼ € 4,832 vs 2024 (€ -87,926) Unfavourable step	▼ € 4,832
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 15,638 Bank debt 2024: € 15,638 Unchanged (€ 0) Unfavourable step	€ 549,920 Bank debt 2025: € 549,920 ▲ € 534,281 vs 2024 (€ 15,638) Unfavourable step	▲ € 534,281
Balance sheet total	€ 1,247,185 Balance sheet total 2022: € 1,247,185 First fiscal year in the series	€ 1,242,461 Balance sheet total 2023: € 1,242,461 Unchanged (€ 1,247,185) Unchanged	€ 1,236,294 Balance sheet total 2024: € 1,236,294 Unchanged (€ 1,242,461) Unchanged	€ 1,985,334 Balance sheet total 2025: € 1,985,334 ▲ 61% vs 2024 (€ 1,236,294) Unchanged	▲ 61%

Key figures of REDWOOD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to REDWOOD?

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

2027 Robin Desoete stepped down as director. NBB
May 21, 2026 New annual accounts for financial year 2025: loss of € 4,832 (▼ € 17,005 vs 2024). filed late Source: NBB ↗
2021 Robin Desoete became a director. NBB
Feb 1, 1993 New establishment in Wingene. KBO
Jun 2, 1986 Start of the company according to the CBE. KBO

In short

From € 35,770 profit in 2022 to € 4,832 loss in 2025.

Paid € 1,831 in corporate taxes since 2022.

Best year ever: 2022, with € 35,770 profit.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Robin Desoete

Director

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Beernemstraat 93

8750 Wingene

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

Details

Company number: 0429.119.684
VAT number: BE 0429.119.684
Registered office: Beernemstraat 93, 8750 Wingene
Names & denominations: REDWOOD
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 2 June 1986
Peppol: Active · Active since 2 Feb 2026

View on CBE Public ↗ Annual accounts (NBB) ↗

REDWOOD