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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Shrinking team NBB
FTE fell two years in a row, from 8.7 to 5.
Financials
Financial year 2025
HOUTMOLEN from Gistel, company number BE0890070317, closed financial year 2025 with a result of € 40,855 after tax. For that financial year HOUTMOLEN recorded a gross margin of € 1.2 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 1.4 million to € 40,855. 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 October 30, 2025.
€ 2.9 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,855
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 965,483
▲ 2% 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 € 2.9 million.
People and assets in 2025
5
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 374,047
▼ 55% vs 2024
€ 74,800 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.
€ 548,156
▼ 12% vs 2024
Of which on lease € 253,786.
Debts at end 2025
€ 162,529
▼ 56% vs 2024
€ 125,900 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 978,214
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,905
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 3,207,108 | € 3,735,551 | € 1,230,684 | ▼ 67% |
| Profit after taxes | € 441,711 | € 1,389,188 | € 40,855 | ▼ 97% |
| Equity | € 1,811,319 | € 2,900,507 | € 2,941,362 | ▲ 1% |
| Total debts | € 2,740,279 | € 2,637,671 | € 1,964,987 | ▼ 26% |
| Cash | € 277,948 | € 945,915 | € 965,483 | ▲ 2% |
| Retained profit | € 1,805,119 | € 2,894,307 | € 2,935,162 | ▲ 1% |
| Dividend | € 0 | € 300,000 | € 0 | ▼ 100% |
| Bank debt | € 1,046,959 | € 371,466 | € 162,529 | ▼ 56% |
| Balance sheet total | € 4,598,801 | € 5,708,102 | € 5,067,898 | ▼ 11% |
| Employees (FTE) | 8.7 | 5.5 | 5 | ▼ 0.5 |
By gross margin, HOUTMOLEN ranks 1st of 13 companies with main activity “Bosbouw en bosbouwactiviteiten” in West Flanders that publish figures (fiscal year 2025).
Key figures of HOUTMOLEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
Ask about HOUTMOLEN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to HOUTMOLEN?
What happened at HOUTMOLEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,855 (▼ 97% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gistel. KBO
In short
From € 441,711 profit in 2022 to € 40,855 profit in 2025.
Paid € 321,311 in corporate taxes since 2022.
Best year ever: 2024, with € 1.4 million profit.
On average € 246,100 of value added per employee in 2025.
Management
Behind HOUTMOLEN are Gunther Vandewiele and Vandewiele Recycling BV. Gunther Vandewiele is also behind Victor Depoortere - Seynaeve and IOFEED.
Directors
According to the 2025 annual accounts
Director · represented by Vanessa DE VINCK
Establishments
Establishment units
Physical locations of this company
Rochesterlaan 5
8470 Gistel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
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Website
Technologies
Certifications & Partners
Website info
Features
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Vandewiele Günther Louis Irène(oprichter) 51%
- De Vinck Vanessa, Els Monique(oprichter) 49%
Details
- Company number
- 0890.070.317
- VAT number
- BE 0890.070.317
- Registered office
- Rochesterlaan 5, 8470 Gistel
- Names & denominations
- HOUTMOLEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2007
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- houtmolen.be
- Activities · NACE
Bosbouw en bosbouwactiviteiten
Bosbouw
Exploitatie van bossen
Bosexploitatie