Financials
Financial year 2025
MIWOOD from Harelbeke, company number BE0646677719, closed financial year 2025 with a result of € 15,626 after tax. For that financial year MIWOOD recorded a gross margin of € 24,221 and equity of € 644,423. Compared with financial year 2024, the result moved from € 14,010 to € 15,626. 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 1, 2026.
€ 644,423
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,626
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 33,226
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 11,970 paid out
77 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 1,824
▼ 46% 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.
€ 847
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,445
▲ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,254 | € -3,242 | € 20,763 | € 24,221 | ▲ 17% |
| Profit after taxes | € 187,821 | € -5,329 | € 14,010 | € 15,626 | ▲ 12% |
| Equity | € 632,086 | € 626,757 | € 640,767 | € 644,423 | ▲ 1% |
| Total debts | € 25,651 | € 30,972 | € 16,802 | € 14,588 | ▼ 13% |
| Cash | € 60,608 | € 44,083 | € 35,456 | € 33,226 | ▼ 6% |
| Retained profit | € 217,086 | € 211,757 | € 225,767 | € 229,423 | ▲ 2% |
| Dividend | € 0 | € 0 | € 0 | € 11,970 | |
| Balance sheet total | € 657,738 | € 657,729 | € 657,570 | € 659,011 |
Key figures of MIWOOD, 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 MIWOOD?
What happened at MIWOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,626 (▲ 12% vs 2024). Source: NBB ↗
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 187,821 profit in 2022 to € 15,626 profit in 2025.
Paid € 31,347 in corporate taxes since 2022.
Best year ever: 2022, with € 187,821 profit.
Paid out € 11,970 in dividends to the owners in total.
Management
Behind MIWOOD are Godelieve Debruyne, Michiel Spiessens and Geert Spiessens. It owns Recywood itself.
Directors
According to the 2025 annual accounts
Godelieve Debruyne
Director
Michiel Spiessens
Director
Establishments
Establishment units
Physical locations of this company
Vierschaar 10
8531 Harelbeke
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
- 0646.677.719
- VAT number
- BE 0646.677.719
- Registered office
- Vierschaar 10, 8531 Harelbeke
- Names & denominations
- MIWOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2016
- Peppol
- Active · Active since 26 Dec 2024
- Activities · NACE
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