Financials
Financial year 2025
BAELS from Rijkevorsel, company number BE0415811482, closed financial year 2025 with a result of € 10,990 after tax. For that financial year BAELS recorded a gross margin of € 112,447 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 9,099 to € 10,990. Profitable, and profit is growing. 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 February 3, 2026.
€ 1.1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,990
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 283,944
▲ 103% 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 € 868,150.
People and assets in 2025
€ 9,688
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 314,525
▼ 7% vs 2024
€ 26,228 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 8,070
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,235
▼ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 114,081 | € 103,972 | € 132,745 | € 112,447 | ▼ 15% |
| Profit after taxes | € 1,027 | € 7,228 | € 9,099 | € 10,990 | ▲ 21% |
| Equity | € 1,084,434 | € 1,091,662 | € 1,100,760 | € 1,111,750 | ▲ 1% |
| Total debts | € 479,299 | € 456,535 | € 365,649 | € 356,656 | ▼ 2% |
| Cash | € 170,465 | € 216,583 | € 139,819 | € 283,944 | ▲ 103% |
| Land & buildings | € 939,280 | € 895,338 | € 849,819 | € 801,375 | ▼ 6% |
| Retained profit | € 840,834 | € 848,062 | € 857,160 | € 868,150 | ▲ 1% |
| Bank debt | € 419,414 | € 377,563 | € 339,135 | € 314,525 | ▼ 7% |
| Balance sheet total | € 1,564,268 | € 1,548,732 | € 1,466,945 | € 1,468,942 |
Key figures of BAELS, 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 BAELS?
What happened at BAELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,990 (▲ 21% vs 2024). filed late Source: NBB ↗
- LOGIC LOGISTICS became a director. NBB
- KRISTOF VANDERVEKEN became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Rijkevorsel. KBO
In short
From € 1,027 profit in 2022 to € 10,990 profit in 2025.
Paid € 63,223 in corporate taxes since 2022.
Best year ever: 2025, with € 10,990 profit.
Management
The stake of LPH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BAELSBehind BAELS are KRISTOF VANDERVEKEN and LOGIC LOGISTICS. The shares are held by LPH (25%).
Directors
According to the 2025 annual accounts
since 2020
Director · represented by Gert Backx
since 2021
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Prinsenpad 7
2310 Rijkevorsel
Prinsenpad 7 box '0002
2310 Rijkevorsel
Active since 1 January 1976
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
LCPDCO LCP AS dc oostkamp, BE
Website info
Features
Security
Details
- Company number
- 0415.811.482
- VAT number
- BE 0415.811.482
- Registered office
- Prinsenpad 7, 2310 Rijkevorsel
- Names & denominations
- BAELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1976
- Peppol
- Active · Active since 12 Nov 2025
- Contact
- baels.be
- Activities · NACE
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