Financials
Financial year 2025
WOODCENTER from Wevelgem, company number BE0434661354, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year WOODCENTER recorded a gross margin of € 2.7 million and equity of € 7.6 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1.6 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 22, 2026.
€ 7.6 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 2.6 million
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
16 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
7.5
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 475,425
▲ 20% vs 2024
€ 63,400 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.
€ 13,809
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▼ 8% vs 2024
€ 185,000 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 456,985
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,802
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,993,114 | € 2,141,782 | € 2,645,702 | € 2,737,042 | ▲ 3% |
| Profit after taxes | € 927,188 | € 1,011,035 | € 1,469,916 | € 1,558,065 | ▲ 6% |
| Equity | € 5,372,843 | € 5,033,877 | € 6,303,794 | € 7,611,859 | ▲ 21% |
| Total debts | € 3,481,524 | € 4,417,489 | € 3,610,413 | € 3,330,276 | ▼ 8% |
| Cash | € 3,860,549 | € 5,221,769 | € 3,735,559 | € 2,612,646 | ▼ 30% |
| Land & buildings | € 2,712,368 | € 2,518,546 | € 2,332,476 | € 2,146,416 | ▼ 8% |
| Retained profit | € 3,947,843 | € 4,958,877 | € 6,228,794 | € 7,536,859 | ▲ 21% |
| Dividend | € 0 | € 0 | € 200,000 | € 250,000 | ▲ 25% |
| Bank debt | € 2,775,000 | € 2,589,999 | € 2,404,999 | € 2,219,999 | ▼ 8% |
| Balance sheet total | € 8,994,366 | € 9,591,366 | € 10,054,206 | € 11,082,135 | ▲ 10% |
| Employees (FTE) | 5.3 | 6 | 6.4 | 7.5 | ▲ 1.1 |
Key figures of WOODCENTER, 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 March 2027.
What happened to WOODCENTER?
What happened at WOODCENTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.6 million (▲ 6% vs 2024). filed late Source: NBB ↗
- WOODPLEX BV became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 927,188 profit in 2022 to € 1.6 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.6 million profit.
On average € 364,900 of value added per employee in 2025.
Management
Behind WOODCENTER is WOODPLEX BV.
Directors
According to the 2025 annual accounts
Director · represented by Olivier Gheysen
since 2024
Establishments
Establishment units
Physical locations of this company
Zuidstraat 7
8560 Wevelgem
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
- 0434.661.354
- VAT number
- BE 0434.661.354
- Registered office
- Zuidstraat 7, 8560 Wevelgem
- Names & denominations
- WOODCENTER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 1988
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Groothandel in bouwmaterialen, algemeen assortiment
Schrijnwerk
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Schrijnwerk van hout of van kunststof