Active · per the CBE, 28 September 2026

RW Panels

BE0723611882

Rechtspersoon Private limited company 1 establishment

RW Panels is a structural metal fabricator in Wingene. Private Limited, started on 26 March 2019, 1 establishment.

Eekhoutstraat 26, 8755 Wingene

Behind the company: Nick DE VLIEGER.

Active for

7 year, 6 months

Financials

Financial year 2025

RW Panels from Wingene, company number BE0723611882, closed financial year 2025 with a result of € -30,122 after tax. For that financial year RW Panels recorded a gross margin of € -2,816 and equity of € 45,507. Compared with financial year 2024, the result moved from € 21,877 to € -30,122. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.

What it is worth Healthy

€ 45,507

▼ 40% vs 2024

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

Loss Caution

€ -30,122

▼ still € 21,877 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,692

▼ 87% 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 € 36,507.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate

€ 301

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 4,808

▼ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go

€ 62,412

▼ 15% vs 2024

€ 10,076 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 25,190

▼ 48% vs 2024

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

Taxes and wages

€ 17,848

▼ 9% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 26,699 € 60,302 € 64,961 € -2,816 ▼ € 67,777
Profit after taxes € 2,729 € 28,543 € 21,877 € -30,122 ▼ € 52,000
Equity € 41,680 € 58,458 € 75,630 € 45,507 ▼ 40%
Total debts € 174,360 € 164,277 € 149,372 € 110,965 ▼ 26%
Cash € 53,769 € 32,217 € 71,808 € 9,692 ▼ 87%
Land & buildings € 2,159 € 1,924 € 1,688 € 1,452 ▼ 14%
Retained profit € 32,680 € 49,458 € 66,630 € 36,507 ▼ 45%
Dividend € 0 € 11,765 € 4,706 € 0 ▼ 100%
Bank debt € 10,058 € 87,073 € 73,514 € 62,412 ▼ 15%
Balance sheet total € 216,040 € 222,735 € 225,002 € 156,473 ▼ 30%

Key figures of RW Panels, 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 January 2027.

What happened to RW Panels?

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

  • New annual accounts for financial year 2025: loss of € 30,122 (▼ € 52,000 vs 2024). Source: NBB ↗
  • New establishment in Wingene. KBO
  • Start of the company according to the CBE. KBO
  • Nick DE VLIEGER became a director. NBB

In short

From € 2,729 profit in 2022 to € 30,122 loss in 2025.

Paid € 8,587 in corporate taxes since 2022.

Best year ever: 2023, with € 28,543 profit.

Paid out € 16,471 in dividends to the owners in total.

Management

Nick DE VLIEGER
RW Panels

Behind RW Panels is Nick DE VLIEGER.

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Directors

According to the 2025 annual accounts

Nick DE VLIEGER

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Eekhoutstraat 26

8755 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
0723.611.882
VAT number
BE 0723.611.882
Registered office
Eekhoutstraat 26, 8755 Wingene
Names & denominations
RW Panels
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
26 March 2019
Peppol
Active · Active since 6 Jul 2025
Activities · NACE

Vervaardiging van metalen constructiewerken en delen daarvan

Verspanend bewerken van metalen

Groothandel in overige bouwmaterialen

Frequently asked questions

What does RW Panels do?
RW Panels is a structural metal fabricator in Wingene. Private Limited, started on 26 March 2019, 1 establishment.
What is the address of RW Panels?
The registered office of RW Panels is located at Eekhoutstraat 26, 8755 Wingene.
Is RW Panels still active?
Yes. According to the CBE (28 September 2026) RW Panels is active, legal situation “Normale toestand”, started on 26 March 2019.
Is RW Panels registered on Peppol?
Yes, RW Panels is registered on the Peppol network with ID 0208:0723611882.
What is the enterprise number of RW Panels?
The enterprise number of RW Panels is BE0723611882.
When was RW Panels founded?
RW Panels was founded on 26 March 2019.