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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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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
INTERNATIONAL WOOD PRODUCTS from Wevelgem, company number BE0863817959, closed financial year 2025 with a result of € 650,194 after tax. For that financial year INTERNATIONAL WOOD PRODUCTS recorded a gross margin of € 1.1 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 886,989 to € 650,194. 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 July 17, 2026.
€ 2.9 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 650,194
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 78,579
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
38 % of the profit went to the shareholders, mostly to INTERNATIONAL WOOD HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
2
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 205,722
▼ 36% vs 2024
€ 102,900 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.
€ 1,969
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 100,000
▼ 85% vs 2024
Loans from banks and other lenders, long and short.
€ 141,599
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 128,522
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,815,366 | € 1,725,158 | € 1,562,174 | € 1,113,299 | ▼ 29% |
| Profit after taxes | € 1,109,216 | € 1,004,328 | € 886,989 | € 650,194 | ▼ 27% |
| Equity | € 2,028,352 | € 2,282,680 | € 2,519,669 | € 2,919,863 | ▲ 16% |
| Total debts | € 1,988,439 | € 1,441,175 | € 1,714,298 | € 624,478 | ▼ 64% |
| Cash | € 46,148 | € 32,350 | € 126,837 | € 78,579 | ▼ 38% |
| Retained profit | € 1,966,352 | € 2,220,680 | € 2,457,669 | € 2,857,863 | ▲ 16% |
| Dividend | € 1,700,000 | € 750,000 | € 650,000 | € 250,000 | ▼ 62% |
| Bank debt | € 1,676,853 | € 148,174 | € 650,000 | € 100,000 | ▼ 85% |
| Balance sheet total | € 4,034,549 | € 3,742,500 | € 4,251,756 | € 3,561,393 | ▼ 16% |
| Employees (FTE) | 3.4 | 3.4 | 3.7 | 2 | ▼ 1.7 |
Key figures of INTERNATIONAL WOOD PRODUCTS, 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 PRODUCTS?
What happened at INTERNATIONAL WOOD PRODUCTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Seastar Capital BV stepped down as director. NBB
- Devax BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 650,194 (▼ 27% vs 2024). Source: NBB ↗
- Seastar Capital BV became a director. NBB
- Belinvest NV stepped down as director. NBB
- Michael Van Cauwenberge stepped down as director. NBB
- Devax BV became a director. NBB
- Belinvest NV became a director. NBB
In short
From € 1.1 million profit in 2022 to € 650,194 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
On average € 556,600 of value added per employee in 2025.
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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 INTERNATIONAL WOOD HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INTERNATIONAL WOOD PRODUCTSBehind INTERNATIONAL WOOD PRODUCTS is International Wood Holding NV. The shares are held by INTERNATIONAL WOOD HOLDING (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Joost Van Cauwenberge
Also active at: Placabois, FINIPAN, HEBIC, VANCA-BELGIUM, WITON, Lamitrans, Forma Belgium, TRILAM +1 more
Director · represented by Michael Van Cauwenberge
Also active at: Placabois, LESAGE INDUSTRIES, Batal, FINIPAN, HEBIC, VANCA-BELGIUM, WITON, RNA Pioneering +17 more
since 2025 · until 2029
Director · represented by Bart Allossery
Also active at: Placabois, FINIPAN, HEBIC, VANCA-BELGIUM, PARTNERS@VENTURE, Lamitrans, STRATINVEST, DESIGN VENTURES +6 more
since 2024 · until 2025
Michael Van Cauwenberge
Director
Also active at: FINIPAN, HEBIC, VANCA-BELGIUM, Lamitrans, GHEKIERE INDUSTRIES, STRATINVEST, Ghekiere Immo, SEASTAR CAPITAL +7 more
since 2024 · until 2025
Director · represented by Axel Devos
Also active at: Placabois, FINIPAN, VANCA-BELGIUM, Lamitrans, Forma Belgium, TRILAM, INTERNATIONAL WOOD HOLDING
since 2025 · until 2029
Shareholders
Participations
No participations in other companies reported.
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
- 0863.817.959
- VAT number
- BE 0863.817.959
- Registered office
- Oostlaan 4, 8560 Wevelgem
- Names & denominations
- INTERNATIONAL WOOD PRODUCTS · IWP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2004
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Groothandel in hout
Algemene bouw van residentiële gebouwen
Optrekken van andere residentiële gebouwen en van kantoorgebouwen
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering