Active · per the CBE, 1 October 2026

WOOD ALSO WORKS

BE0891221350

Rechtspersoon Private limited company 1 establishment

WOOD ALSO WORKS is a joiner in Maasmechelen. Private Limited, started on 1 August 2007, 1 establishment.

Kannegatstraat(B) 27, 3631 Maasmechelen

Behind the company: Raf Robert Louwette.

Active for

19 year, 2 months

Financials

Financial year 2025

WOOD ALSO WORKS from Maasmechelen, company number BE0891221350, closed financial year 2025 with a result of € 11,304 after tax. For that financial year WOOD ALSO WORKS recorded a gross margin of € 64,111 and equity of € 103,446. Compared with financial year 2024, the result moved from € 24,224 to € 11,304. The company is profitable. 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 January 5, 2026.

What it is worth Healthy

€ 103,446

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 11,304

▼ 53% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 35,412

▼ 24% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 11,340 paid out

100 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 83,065

▼ 26% vs 2024

Of which on lease € 1,864.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 95,204

▼ 18% vs 2024

€ 28,476 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 61,942

▼ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 5,250

▼ 53% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 38,526 € 43,268 € 64,014 € 64,111
Profit after taxes € 2,499 € 12,054 € 24,224 € 11,304 ▼ 53%
Equity € 80,191 € 80,091 € 103,482 € 103,446
Total debts € 80,991 € 86,375 € 203,588 € 173,736 ▼ 15%
Cash € 6,377 € 41,315 € 46,295 € 35,412 ▼ 24%
Retained profit € 60,191 € 60,091 € 83,482 € 83,446
Dividend € 14,690 € 12,154 € 833 € 11,340 ▲ € 10,507
Bank debt € 35,639 € 14,133 € 116,550 € 95,204 ▼ 18%
Balance sheet total € 161,183 € 166,465 € 307,070 € 277,182 ▼ 10%

Key figures of WOOD ALSO WORKS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to WOOD ALSO WORKS?

What happened at WOOD ALSO WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 11,304 (▼ 53% vs 2024). Source: NBB ↗
  • New establishment in Maasmechelen. KBO
  • Raf Robert Louwette became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 2,499 profit in 2022 to € 11,304 profit in 2025.

Paid € 29,232 in corporate taxes since 2022.

Best year ever: 2024, with € 24,224 profit.

Paid out € 39,017 in dividends to the owners in total.

Management

Raf Robert Louwette
WOOD ALSO WORKS

Behind WOOD ALSO WORKS is Raf Robert Louwette.

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Directors

According to the 2025 annual accounts

Raf Robert Louwette

Director

since 2007

Establishments

Establishment units

Physical locations of this company

Registered office

Kannegatstraat(B) 27

3631 Maasmechelen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0891.221.350
VAT number
BE 0891.221.350
Registered office
Kannegatstraat(B) 27, 3631 Maasmechelen
Names & denominations
WOOD ALSO WORKS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
1 August 2007
Peppol
Active · Active since 6 Dec 2024
Activities · NACE

Schrijnwerk

Frequently asked questions

What does WOOD ALSO WORKS do?
WOOD ALSO WORKS is a joiner in Maasmechelen. Private Limited, started on 1 August 2007, 1 establishment.
What is the address of WOOD ALSO WORKS?
The registered office of WOOD ALSO WORKS is located at Kannegatstraat(B) 27, 3631 Maasmechelen.
Is WOOD ALSO WORKS still active?
Yes. According to the CBE (1 October 2026) WOOD ALSO WORKS is active, legal situation “Normale toestand”, started on 1 August 2007.
Is WOOD ALSO WORKS registered on Peppol?
Yes, WOOD ALSO WORKS is registered on the Peppol network with ID 0208:0891221350.
What is the enterprise number of WOOD ALSO WORKS?
The enterprise number of WOOD ALSO WORKS is BE0891221350.
When was WOOD ALSO WORKS founded?
WOOD ALSO WORKS was founded on 1 August 2007.