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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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DDW Hardwoods from Erpe-Mere, company number BE0837829283, closed financial year 2026 with a result of € 9,549 after tax. For that financial year DDW Hardwoods recorded a gross margin of € 1.3 million and equity of € 682,010. Compared with financial year 2025, the result moved from € 35,803 to € 9,549. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ 682,010
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,549
▼ 73% vs 2025
Profit after tax over the fiscal year.
€ 65,951
▲ 54% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 433,679.
People and assets in 2026
12.7
▲ 0.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 692,545
▲ 1% vs 2025
€ 54,500 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.
€ 1.4 million
▼ 12% vs 2025
Of which on lease € 1.2 million.
Debts at end 2026
€ 6.3 million
▼ 9% vs 2025
€ 373,501 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 4.6 million
▼ 4% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 126,482
▼ 30% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 810,138 | € 1,095,877 | € 1,679,929 | € 1,288,597 | ▼ 23% |
| Profit after taxes | € 126,823 | € 6,878 | € 35,803 | € 9,549 | ▼ 73% |
| Equity | € 556,249 | € 563,127 | € 689,318 | € 682,010 | ▼ 1% |
| Total debts | € 11,076,549 | € 13,539,292 | € 13,258,839 | € 12,794,369 | ▼ 4% |
| Cash | € 166,663 | € 198,463 | € 42,934 | € 65,951 | ▲ 54% |
| Retained profit | € 381,449 | € 388,327 | € 424,130 | € 433,679 | ▲ 2% |
| Bank debt | € 6,249,792 | € 6,742,960 | € 6,864,809 | € 6,252,164 | ▼ 9% |
| Balance sheet total | € 11,670,891 | € 14,102,419 | € 13,948,157 | € 13,476,379 | ▼ 3% |
| Employees (FTE) | 5.2 | 7.9 | 12.2 | 12.7 | ▲ 0.5 |
Key figures of DDW Hardwoods, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to DDW Hardwoods?
What happened at DDW Hardwoods in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 9,549 (▼ 73% vs 2025). Source: NBB ↗
- New establishment in Neufchâteau. KBO
- Centrale D'achat Bois Tropicaux BV became a director. NBB
- Filip D'Haeseleer became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Erpe-Mere. KBO
In short
From € 126,823 profit in 2023 to € 9,549 profit in 2026.
Paid € 95,033 in corporate taxes since 2023.
Best year ever: 2023, with € 126,823 profit.
On average € 101,500 of value added per employee in 2026.
Management
Behind DDW Hardwoods are Centrale D'achat Bois Tropicaux BV and Filip D'Haeseleer. Filip D'Haeseleer is also behind Denderwood.
Directors
According to the 2026 annual accounts
Centrale D'achat Bois Tropicaux BV
Director · represented by Christinne Oelbrandt
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Joseph Cardijnstraat 3
9420 Erpe-Mere
Allée du Centre-Ardenne, LGL 10
6840 Neufchâteau
Active since 31 March 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
denderwood.com
Registered
2000-09-28
Registrar
Ascio Technologies, Inc
Expires
2026-09-28
Website info
Features
Security
Network
Details
- Company number
- 0837.829.283
- VAT number
- BE 0837.829.283
- Registered office
- Joseph Cardijnstraat 3, 9420 Erpe-Mere
- Names & denominations
- DDW Hardwoods
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2011
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- denderwood.com
- Activities · NACE
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