What does BELWOOD AMEL do?

BELWOOD AMEL is a woodworking business in Amel. Public Limited, started on 6 May 1998, 1 establishment.

What is the address of BELWOOD AMEL?

The registered office of BELWOOD AMEL is located at Born,Kaiserbaracke 3, 4770 Amel.

Is BELWOOD AMEL still active?

Yes. According to the CBE (30 October 2026) BELWOOD AMEL is active, legal situation “Normale toestand”, started on 6 May 1998.

Is BELWOOD AMEL registered on Peppol?

Yes, BELWOOD AMEL is registered on the Peppol network with ID 0208:0463261607.

What is the enterprise number of BELWOOD AMEL?

The enterprise number of BELWOOD AMEL is BE0463261607.

When was BELWOOD AMEL founded?

BELWOOD AMEL was founded on 6 May 1998.

Who are the directors of BELWOOD AMEL?

According to the 2025 annual accounts, the directors of BELWOOD AMEL are: ELPA Invest GmbH, R.P. Capital GmbH, PAUELS PGmbH, CLTHome GmbH.

Is BELWOOD AMEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 May 1998; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did BELWOOD AMEL make in 2025?

BELWOOD AMEL posted a profit after taxes of € 509,306 in financial year 2025.

What is the revenue of BELWOOD AMEL?

In its most recent annual accounts (2025), BELWOOD AMEL reported revenue of € 23,599,605.

How much does an employee at BELWOOD AMEL earn?

The average wage cost per full-time employee at BELWOOD AMEL was € 58,400 in 2025: staff costs of € 1.8 million for 30.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BELWOOD AMEL have?

According to the 2025 annual accounts, BELWOOD AMEL has 30.2 full-time equivalents (FTE).

Does BELWOOD AMEL have a website?

Yes, BELWOOD AMEL has a website at belwood.be.

BELWOOD AMEL (Public Limited) - Amel - BE0463261607

Dossier BELWOOD AMEL, printed on 30 October 2026 from databakkes.be/en/0463261607/belwood-amel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

BELWOOD AMEL from Amel, company number BE0463261607, closed financial year 2025 with a result of € 509,306 after tax. For that financial year BELWOOD AMEL recorded revenue of € 23.6 million and equity of € 9.4 million. Compared with financial year 2024, the result moved from € 57,066 to € 509,306. 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 July 24, 2026.

What it is worth Growing

€ 9.4 million

▲ 8% vs 2024

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

Profit Growing

€ 509,306

▲ € 452,240 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.6 million

▲ 39% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 7.9 million.

People and assets in 2025

Full-time equivalents

30.2

▲ 0.7 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.8 million

▲ 4% vs 2024

€ 58,400 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.

Vehicles and equipment

€ 181,413

▲ 3% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.2 million

▼ 18% vs 2024

€ 780,952 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 1.3 million

▲ 28% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 24 days on average.

Taxes and wages

€ 244,757

▼ 4% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 26,196,111 Revenue 2022: € 26,196,111 First fiscal year in the series	€ 16,915,668 Revenue 2023: € 16,915,668 ▼ 35% vs 2022 (€ 26,196,111) Unfavourable step	€ 18,639,690 Revenue 2024: € 18,639,690 ▲ 10% vs 2023 (€ 16,915,668) Favourable step	€ 23,599,605 Revenue 2025: € 23,599,605 ▲ 27% vs 2024 (€ 18,639,690) Favourable step	▲ 27%
Profit after taxes	€ 3,994,849 Profit after taxes 2022: € 3,994,849 First fiscal year in the series	€ 95,401 Profit after taxes 2023: € 95,401 ▼ 98% vs 2022 (€ 3,994,849) Unfavourable step	€ 57,066 Profit after taxes 2024: € 57,066 ▼ 40% vs 2023 (€ 95,401) Unfavourable step	€ 509,306 Profit after taxes 2025: € 509,306 ▲ € 452,240 vs 2024 (€ 57,066) Favourable step	▲ € 452,240
Equity	€ 8,451,306 Equity 2022: € 8,451,306 First fiscal year in the series	€ 8,671,616 Equity 2023: € 8,671,616 ▲ 3% vs 2022 (€ 8,451,306) Favourable step	€ 8,694,529 Equity 2024: € 8,694,529 Unchanged (€ 8,671,616) Favourable step	€ 9,433,181 Equity 2025: € 9,433,181 ▲ 8% vs 2024 (€ 8,694,529) Favourable step	▲ 8%
Total debts	€ 12,297,404 Total debts 2022: € 12,297,404 First fiscal year in the series	€ 8,143,332 Total debts 2023: € 8,143,332 ▼ 34% vs 2022 (€ 12,297,404) Favourable step	€ 6,352,055 Total debts 2024: € 6,352,055 ▼ 22% vs 2023 (€ 8,143,332) Favourable step	€ 5,742,376 Total debts 2025: € 5,742,376 ▼ 10% vs 2024 (€ 6,352,055) Favourable step	▼ 10%
Cash	€ 3,954,187 Cash 2022: € 3,954,187 First fiscal year in the series	€ 766,750 Cash 2023: € 766,750 ▼ 81% vs 2022 (€ 3,954,187) Unfavourable step	€ 1,864,755 Cash 2024: € 1,864,755 ▲ 143% vs 2023 (€ 766,750) Favourable step	€ 2,590,102 Cash 2025: € 2,590,102 ▲ 39% vs 2024 (€ 1,864,755) Favourable step	▲ 39%
Land & buildings	€ 3,169,011 Land & buildings 2022: € 3,169,011 First fiscal year in the series	€ 2,942,777 Land & buildings 2023: € 2,942,777 ▼ 7% vs 2022 (€ 3,169,011) Unchanged	€ 3,200,815 Land & buildings 2024: € 3,200,815 ▲ 9% vs 2023 (€ 2,942,777) Unchanged	€ 2,977,790 Land & buildings 2025: € 2,977,790 ▼ 7% vs 2024 (€ 3,200,815) Unchanged	▼ 7%
Retained profit	€ 7,248,937 Retained profit 2022: € 7,248,937 First fiscal year in the series	€ 7,344,338 Retained profit 2023: € 7,344,338 ▲ 1% vs 2022 (€ 7,248,937) Favourable step	€ 7,401,405 Retained profit 2024: € 7,401,405 ▲ 1% vs 2023 (€ 7,344,338) Favourable step	€ 7,910,711 Retained profit 2025: € 7,910,711 ▲ 7% vs 2024 (€ 7,401,405) Favourable step	▲ 7%
Dividend	€ 1,200,000 Dividend 2022: € 1,200,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 1,200,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 6,936,864 Bank debt 2022: € 6,936,864 First fiscal year in the series	€ 5,987,579 Bank debt 2023: € 5,987,579 ▼ 14% vs 2022 (€ 6,936,864) Favourable step	€ 5,058,091 Bank debt 2024: € 5,058,091 ▼ 16% vs 2023 (€ 5,987,579) Favourable step	€ 4,167,841 Bank debt 2025: € 4,167,841 ▼ 18% vs 2024 (€ 5,058,091) Favourable step	▼ 18%
Balance sheet total	€ 20,751,107 Balance sheet total 2022: € 20,751,107 First fiscal year in the series	€ 16,817,345 Balance sheet total 2023: € 16,817,345 ▼ 19% vs 2022 (€ 20,751,107) Unchanged	€ 15,048,981 Balance sheet total 2024: € 15,048,981 ▼ 11% vs 2023 (€ 16,817,345) Unchanged	€ 15,177,955 Balance sheet total 2025: € 15,177,955 ▲ 1% vs 2024 (€ 15,048,981) Unchanged	▲ 1%
Employees (FTE)	35.5 Employees (FTE) 2022: 35.5 First fiscal year in the series	33.1 Employees (FTE) 2023: 33.1 ▼ 2.4 vs 2022 (35.5) Unchanged	29.5 Employees (FTE) 2024: 29.5 ▼ 3.6 vs 2023 (33.1) Unchanged	30.2 Employees (FTE) 2025: 30.2 ▲ 0.7 vs 2024 (29.5) Unchanged	▲ 0.7

Key figures of BELWOOD AMEL, 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 BELWOOD AMEL?

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

2028 ELPA Invest GmbH stepped down as director. NBB
2028 R.P. Capital GmbH stepped down as director. NBB
2028 PAUELS PGmbH stepped down as director. NBB
2028 CLTHome GmbH stepped down as director. NBB
Jul 24, 2026 New annual accounts for financial year 2025: profit of € 509,306 (▲ € 452,240 vs 2024). Source: NBB ↗
2023 ELPA Invest GmbH became a director. NBB
2023 R.P. Capital GmbH became a director. NBB
2023 PAUELS PGmbH became a director. NBB

In short

From € 4 million profit in 2022 to € 509,306 profit in 2025.

Paid € 1.1 million in corporate taxes since 2022.

Best year ever: 2022, with € 4 million profit.

Paid out € 1.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

PAUELS 100%

The stake of PAUELS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

BELWOOD AMEL

The shares are held by PAUELS (100%).

Directors

According to the 2025 annual accounts

ELPA Invest GmbH

Director · represented by Elena PAUELS

since 2023 · until 2028

R.P. Capital GmbH

Director · represented by Raphaël PAUELS

since 2023 · until 2028

PAUELS PGmbH

Managing director · represented by FREDDY PAUELS

since 2023 · until 2028

CLTHome GmbH

Director · represented by Patrick PAUELS

Also active at: WOODINNOVATION

since 2023 · until 2028

Shareholders

PAUELS

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Born,Kaiserbaracke 3

4770 Amel

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 →

WOODINNOVATION same network

€ 853,955 gross margin · 2025

R.P. CAPITAL same network

€ -13,912 gross margin · 2025

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

Website

HTTPS belwood.be

About

Technologies

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Certifications & Partners

FEB/VBO

Hosting & Email

Email provider

Microsoft 365

Hosting

GD-EMEA-DC-SXB1, DE

Website info

HTTPS Ja

Indexable pages 232

Languages DE, EN, ES, FR, NL, PT

Features

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Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0463.261.607

VAT number

BE 0463.261.607

Registered office

Born,Kaiserbaracke 3, 4770 Amel

Names & denominations

BELWOOD AMEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

6 May 1998

Peppol

Active · Active since 15 Oct 2025

Contact

belwood.be

Activities · NACE

Zagen en schaven van hout

Groothandel in hout

View on CBE Public ↗ Annual accounts (NBB) ↗

BELWOOD AMEL

Financials

What happened to BELWOOD AMEL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Certifications & Partners

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions