Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PANOWOOD from Oostende, company number BE0772776135, closed financial year 2025 with a result of € -1,917 after tax. For that financial year PANOWOOD recorded a gross margin of € -1,364 and equity of € 7,793. Compared with financial year 2024, the result moved from € -8,063 to € -1,917. 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 October 27, 2025.
€ 7,793
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,917
▲ 76 % less loss than in 2024
Profit after tax over the fiscal year.
€ 340
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,207.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,954 | € -2,744 | € -7,154 | € -1,364 | ▲ € 5,790 |
| Profit after taxes | € -2,972 | € -3,255 | € -8,063 | € -1,917 | ▲ € 6,147 |
| Equity | € 21,028 | € 17,773 | € 9,709 | € 7,793 | ▼ 20% |
| Total debts | € 0 | € 348 | € 708 | € 0 | ▼ 100% |
| Cash | € 20,510 | € 17,189 | € 10,155 | € 340 | ▼ 97% |
| Retained profit | € -2,972 | € -6,227 | € -14,291 | € -16,207 | ▼ € 1,917 |
| Balance sheet total | € 21,028 | € 18,120 | € 10,418 | € 7,793 | ▼ 25% |
Key figures of PANOWOOD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to PANOWOOD?
What happened at PANOWOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,917. Source: NBB ↗
- New establishment in Oostende. KBO
- Freekje Verslype became a director. NBB
- Nicolas Dedecker became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,972 loss in 2022 to € 1,917 loss in 2025.
Management
Behind PANOWOOD are Freekje Verslype and Nicolas Dedecker. Freekje Verslype is also behind RAMEN DEDECKER.
Directors
According to the 2025 annual accounts
since 2021
Nicolas Dedecker
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Oudenburgsesteenweg 31
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Het Compas
€ 154,941 gross margin · 2024
PUBLICAE
€ 17,180 gross margin · 2025
DEKUYPER PRODUCTS
€ 490,411 gross margin · 2025
NIVIC
€ 394,757 gross margin · 2025
Cspect
€ 857,654 gross margin · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0772.776.135
- VAT number
- BE 0772.776.135
- Registered office
- Oudenburgsesteenweg 31, 8400 Oostende
- Names & denominations
- PANOWOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 2021
- Peppol
- Active · Active since 21 Sept 2026
- Activities · NACE
Groothandel in hout
Handelsbemiddeling in de niet-gespecialiseerde groothandel