Financials
Financial year 2025
NM WOOD CONSTRUCT from Waregem, company number BE0794887878, closed financial year 2025 with a result of € -4,448 after tax. For that financial year NM WOOD CONSTRUCT recorded a gross margin of € 60,425 and equity of € 79,234. Compared with financial year 2024, the result moved from € 28,426 to € -4,448. 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 August 17, 2026.
€ 79,234
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,448
▼ still € 28,426 profit in 2024
Profit after tax over the fiscal year.
€ 22,869
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 78,234.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 34,902
▼ 34% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 57,673
▼ 25% vs 2024
Of which on lease € 8,374.
Debts at end 2025
€ 21,196
▼ 50% vs 2024
€ 14,349 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 21,369
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,415
▼ 54% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 113,892 | € 117,081 | € 60,425 | ▼ 48% |
| Profit after taxes | € 55,889 | € 28,426 | € -4,448 | ▼ € 32,874 |
| Equity | € 56,089 | € 83,682 | € 79,234 | ▼ 5% |
| Total debts | € 124,891 | € 107,258 | € 59,981 | ▼ 44% |
| Cash | € 12,736 | € 26,236 | € 22,869 | ▼ 13% |
| Retained profit | € 55,089 | € 82,682 | € 78,234 | ▼ 5% |
| Dividend | € 800 | € 833 | € 0 | ▼ 100% |
| Bank debt | € 43,406 | € 42,630 | € 21,196 | ▼ 50% |
| Balance sheet total | € 180,981 | € 190,941 | € 139,215 | ▼ 27% |
Key figures of NM WOOD CONSTRUCT, 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 NM WOOD CONSTRUCT?
What happened at NM WOOD CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,448 (▼ € 32,874 vs 2024). filed late Source: NBB ↗
- New establishment in Waregem. KBO
- Michiel Naessens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 55,889 profit in 2023 to € 4,448 loss in 2025.
Paid € 36,581 in corporate taxes since 2023.
Best year ever: 2023, with € 55,889 profit.
Paid out € 1,633 in dividends to the owners in total.
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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
Behind NM WOOD CONSTRUCT is Michiel Naessens.
Directors
According to the 2025 annual accounts
Michiel Naessens
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Kwadestraat 40
8792 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0794.887.878
- VAT number
- BE 0794.887.878
- Registered office
- Kwadestraat 40, 8792 Waregem
- Names & denominations
- NM WOOD CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2022
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
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