Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Resuwood from Waregem, company number BE0794317261, closed financial year 2025 with a result of € -3.3 million after tax. For that financial year Resuwood recorded a gross margin of € -2.1 million and equity of € -715,566. Compared with financial year 2024, the result moved from € -2.7 million to € -3.3 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 11, 2026.
€ -715,566
▼ € 1.5 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.3 million
▼ 25 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,439
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.3 million.
People and assets in 2025
3
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 165,586
▲ 42% vs 2024
€ 55,200 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.
€ 3.5 million
▼ 11% vs 2024
Of which on lease € 3.5 million.
Debts at end 2025
€ 2.9 million
▼ 18% vs 2024
€ 295,692 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 170,756
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,810
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -1,149,796 | € -1,800,864 | € -2,148,431 | ▼ € 347,567 |
| Profit after taxes | € -1,397,480 | € -2,674,412 | € -3,338,140 | ▼ € 663,728 |
| Equity | € 102,520 | € 792,574 | € -715,566 | ▼ € 1.5 million |
| Total debts | € 4,800,278 | € 5,089,265 | € 4,979,209 | ▼ 2% |
| Cash | € 93,873 | € 26,170 | € 8,439 | ▼ 68% |
| Retained profit | € -1,397,480 | € -4,071,892 | € -3,338,140 | ▲ € 733,752 |
| Bank debt | € 4,024,321 | € 3,579,942 | € 2,933,101 | ▼ 18% |
| Balance sheet total | € 5,027,799 | € 5,881,840 | € 4,263,644 | ▼ 28% |
| Employees (FTE) | 1.3 | 2.2 | 3 | ▲ 0.8 |
Key figures of Resuwood, fiscal years 2023 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 Resuwood?
What happened at Resuwood in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Smith stepped down as director. NBB
- Rudy De Hainaut stepped down as director. NBB
- Peter Torreele stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3.3 million. Source: NBB ↗
- Paul Smith became a director. NBB
- Rudy De Hainaut became a director. NBB
- Peter Torreele became a director. NBB
- New establishment in Waregem. KBO
In short
From € 1.4 million loss in 2023 to € 3.3 million loss in 2025.
Paid € 131 in corporate taxes since 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Establishments
Establishment units
Physical locations of this company
Schoendalestraat 306
8792 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
resuwood.com
Registered
2021-11-24
Registrar
Key-Systems GmbH
Expires
2026-11-24
Website info
Features
Security
Network
Details
- Company number
- 0794.317.261
- VAT number
- BE 0794.317.261
- Registered office
- Schoendalestraat 306, 8792 Waregem
- Names & denominations
- Resuwood
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2022
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- resuwood.com [email protected]
- Activities · NACE
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