Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 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
INTERNATIONAL WOOD HOLDING from Wevelgem, company number BE0847051213, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year INTERNATIONAL WOOD HOLDING recorded a gross margin of € 289,370 and equity of € 36.9 million. Compared with financial year 2024, the result moved from € 2.2 million to € 1.2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 36.9 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 152,566
▲ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 28.4 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 4.6 million
▲ 17% vs 2024
€ 921,429 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 22,482
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,795
▼ 35% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 562,320 | € 665,364 | € 439,666 | € 289,370 | ▼ 34% |
| Profit after taxes | € 6,064,392 | € 3,772,454 | € 2,218,378 | € 1,231,634 | ▼ 44% |
| Equity | € 29,673,229 | € 33,445,682 | € 35,664,061 | € 36,895,695 | ▲ 3% |
| Total debts | € 16,375,305 | € 13,618,825 | € 4,677,733 | € 5,182,277 | ▲ 11% |
| Cash | € 37,716 | € 112,255 | € 85,909 | € 152,566 | ▲ 78% |
| Retained profit | € 21,192,729 | € 24,965,182 | € 27,183,561 | € 28,415,195 | ▲ 5% |
| Bank debt | € 16,278,571 | € 13,100,000 | € 3,928,571 | € 4,607,143 | ▲ 17% |
| Balance sheet total | € 46,048,534 | € 47,064,508 | € 40,341,793 | € 42,077,971 | ▲ 4% |
Key figures of INTERNATIONAL WOOD HOLDING, fiscal years 2022 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 INTERNATIONAL WOOD HOLDING?
What happened at INTERNATIONAL WOOD HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Devax BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 44% vs 2024). Source: NBB ↗
- Belinvest NV stepped down as director. NBB
- Devax BV became a director. NBB
- Belinvest NV became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 6.1 million profit in 2022 to € 1.2 million profit in 2025.
Paid € 118,117 in corporate taxes since 2022.
Best year ever: 2022, with € 6.1 million profit.
A new publication or filing at INTERNATIONAL WOOD HOLDING? We notify you, reason included.
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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
The stake of SEASTAR CAPITAL, BELINVEST, 2ADVISE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INTERNATIONAL WOOD HOLDINGBehind INTERNATIONAL WOOD HOLDING are Seastar Capital BV and Joost Van Cauwenberge. The shares are held by SEASTAR CAPITAL (100%), BELINVEST (100%) and 2ADVISE (15%). It owns 100% of Vanca-Belgium, 100% of Forma Belgium, 100% of Trilam, 100% of Finipan, 100% of Lamitrans and 100% of International Wood Products itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Michael Van Cauwenberge
Also active at: Placabois, LESAGE INDUSTRIES, Batal, FINIPAN, HEBIC, VANCA-BELGIUM, WITON, RNA Pioneering +17 more
Joost Van Cauwenberge
Director
Also active at: FINIPAN, HEBIC, VANCA-BELGIUM, WITON, JACRIMAR, PARTNERS@VENTURE, Lamitrans, BELINVEST +29 more
Managing director · represented by Bart Allossery
Also active at: Placabois, FINIPAN, HEBIC, VANCA-BELGIUM, PARTNERS@VENTURE, Lamitrans, STRATINVEST, DESIGN VENTURES +6 more
since 2022 · until 2025
Director · represented by Axel Devos
Also active at: Placabois, FINIPAN, VANCA-BELGIUM, Lamitrans, Forma Belgium, TRILAM, INTERNATIONAL WOOD PRODUCTS
since 2025 · until 2028
Shareholders
Participations
100%
100%
100%
100%
100%
100%
88.9%
Establishments
Establishment units
Physical locations of this company
Oostlaan 4
8560 Wevelgem
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 →Placabois same network
€ 1.3 million gross margin · 2025
FINIPAN same network
€ 980,793 gross margin · 2025
HEBIC same network
€ 2.5 million gross margin · 2025
VANCA-BELGIUM same network
€ 17.5 million revenue · 2025
Lamitrans same network
€ 852,299 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
- 0847.051.213
- VAT number
- BE 0847.051.213
- Registered office
- Oostlaan 4, 8560 Wevelgem
- Names & denominations
- INTERNATIONAL WOOD HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2012
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van hoofdkantoren