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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Late annual account NBB
Fiscal year 2024 was filed 308 days after the legal deadline.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
Baker Hughes Belgium from Antwerpen, company number BE0402610970, closed financial year 2024 with a result of € 379,817 after tax. For that financial year Baker Hughes Belgium recorded a gross margin of € 4.3 million and equity of € 15.7 million. Compared with financial year 2023, the result moved from € 758,154 to € 379,817. 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 4, 2026.
€ 15.7 million
▲ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 379,817
▼ 50% vs 2023
Profit after tax over the fiscal year.
€ 6,875
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.9 million.
People and assets in 2024
18
▼ 1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4.2 million
▼ 2% vs 2023
€ 235,400 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.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 476,269
▲ 8% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 964,416
▼ 34% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 3,823,850 | € 3,676,674 | € 4,553,059 | € 4,291,502 | ▼ 6% |
| Profit after taxes | € 493,146 | € -671,692 | € 758,154 | € 379,817 | ▼ 50% |
| Equity | € 15,259,778 | € 14,588,086 | € 15,346,239 | € 15,726,056 | ▲ 2% |
| Total debts | € 1,395,980 | € 1,854,561 | € 1,908,102 | € 1,450,037 | ▼ 24% |
| Cash | - | - | - | € 6,875 | |
| Retained profit | € 1,423,886 | € 752,194 | € 1,510,348 | € 1,890,164 | ▲ 25% |
| Balance sheet total | € 16,655,758 | € 16,523,223 | € 17,634,035 | € 17,275,924 | ▼ 2% |
| Employees (FTE) | 18.6 | 19.2 | 19 | 18 | ▼ 1 |
Key figures of Baker Hughes Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Baker Hughes Belgium?
What happened at Baker Hughes Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 379,817 (▼ 50% vs 2023). filed late Source: NBB ↗
- Ludovic MILOSEVIC stepped down as director. NBB
- Tim DE HAES became a director. NBB
- Christian REUSENS stepped down as director. NBB
- Christian REUSENS became a director. NBB
- Ludovic MILOSEVIC became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 493,146 profit in 2021 to € 379,817 profit in 2024.
Paid € 798,077 in corporate taxes since 2021.
Best year ever: 2023, with € 758,154 profit.
On average € 238,400 of value added per employee in 2024.
Management
Behind Baker Hughes Belgium is Tim DE HAES. The shares are held by DI NETHERLANDS (100%).
Directors
According to the 2024 annual accounts
Tim DE HAES
Director
since 2025
Christian REUSENS
Director
since 2020 · until 2025
Ludovic MILOSEVIC
Director
since 2020 · until 2026
Shareholders
DI NETHERLANDS
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Roderveldlaan 5
2600 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →RHENUS SHARED SERVICE CENTER
€ 2.9 million gross margin · 2025
RHENUS AIR & OCEAN
€ 118.7 million revenue · 2025
RHENUS INTERMODAL SYSTEMS
€ 69.5 million revenue · 2025
RHENUS HOLDING BELGIUM
€ 1.5 million revenue · 2025
Rhenus High Tech
€ 849,593 gross margin · 2025
+4 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
- 0402.610.970
- VAT number
- BE 0402.610.970
- Registered office
- Roderveldlaan 5, 2600 Antwerpen
- Names & denominations
- Baker Hughes Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1966
- Peppol
- Active · Active since 13 Feb 2026
- Activities · NACE
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