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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BARDOEL from Menen, company number BE0422198141, closed financial year 2025 with a result of € -161,183 after tax. For that financial year BARDOEL recorded a gross margin of € 354,109 and equity of € -49,118. Compared with financial year 2024, the result moved from € -31,392 to € -161,183. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ -49,118
▼ € 161,183 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -161,183
▼ 413 % more loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -226,596.
People and assets in 2025
3.8
Average over the fiscal year, from the social balance sheet.
€ 164,467
€ 43,300 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.
€ 341,963
▲ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 150,000
▼ 57% vs 2024
Loans from banks and other lenders, long and short.
€ 271,192
▲ € 223,547 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,346
▲ € 17,508 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 922,559 | € 188,219 | € 168,891 | € 354,109 | ▲ 110% |
| Profit after taxes | € 284,789 | € -358,463 | € -31,392 | € -161,183 | ▼ € 129,791 |
| Equity | € 501,921 | € 143,458 | € 112,066 | € -49,118 | ▼ € 161,183 |
| Total debts | € 1,660,363 | € 868,721 | € 1,033,612 | € 1,702,691 | ▲ 65% |
| Cash | € 712,214 | € 249,534 | € 58,612 | € 0 | ▼ 100% |
| Retained profit | € 324,443 | € -34,020 | € -65,412 | € -226,596 | ▼ € 161,183 |
| Dividend | € 305,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 782,939 | € 558,940 | € 350,000 | € 150,000 | ▼ 57% |
| Balance sheet total | € 2,166,505 | € 1,012,179 | € 1,145,677 | € 1,653,573 | ▲ 44% |
| Employees (FTE) | - | - | - | 3.8 |
Key figures of BARDOEL, 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 BARDOEL?
What happened at BARDOEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Valtech NV stepped down as director. NBB
- The coaching loop BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 161,183. Source: NBB ↗
- Valtech NV became a director. NBB
- The coaching loop BV became a director. NBB
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 284,789 profit in 2022 to € 161,183 loss in 2025.
Paid € 99,905 in corporate taxes since 2022.
Best year ever: 2022, with € 284,789 profit.
On average € 93,200 of value added per employee in 2025.
Management
The stake of VALTECH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BARDOELThe shares are held by VALTECH (100%).
Directors
According to the 2025 annual accounts
Director · represented by Peter Vandeputte
Also active at: Union, CRETES, Redeltrans, CRETEN - BELGIUM, ANZIPLAST, L.V.C., RENTEC, BARDOEL TRANSPORT +20 more
since 2022 · until 2028
Director · represented by Frank Vandeputte
Also active at: Union, CRETES, CRETEN - BELGIUM, ANZIPLAST, L.V.C., RENTEC, ALLHYDRO, HAECK SUBCONTRACTING +11 more
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Krommebeekstraat 41
8930 Menen
Ooigemstraat 14
8710 Wielsbeke
Active since 1 January 1982
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →S.F.M.
€ 424,985 gross margin · 2025
RICAN same network
€ 887,714 gross margin · 2025
VALTECH same network
€ 5.6 million revenue · 2025
VANDEPUTTE - VALCKE
€ 145,100 gross margin · 2025
SIEBMO same network
€ 963,196 gross margin · 2025
+5 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
- 0422.198.141
- VAT number
- BE 0422.198.141
- Registered office
- Krommebeekstraat 41, 8930 Menen
- Names & denominations
- BARDOEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1981
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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