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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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
B. De Baets en Zoon from Eeklo, company number BE0424845944, closed financial year 2025 with a result of € 27,172 after tax. For that financial year B. De Baets en Zoon recorded a gross margin of € 480,228 and equity of € 3.1 million. Compared with financial year 2024, the result moved from € -65,876 to € 27,172. 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 June 1, 2026.
€ 3.1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,172
▲ still € 65,876 loss in 2024
Profit after tax over the fiscal year.
€ 43,808
▼ 51% 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 € 2.6 million.
People and assets in 2025
€ 66,371
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.2 million
▼ 12% vs 2024
€ 315,346 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 8,086
▲ 288% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,827
▲ € 8,306 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 | € 280,302 | € 357,105 | € 358,009 | € 480,228 | ▲ 34% |
| Profit after taxes | € 11,163 | € -3,427 | € -65,876 | € 27,172 | ▲ € 93,048 |
| Equity | € 3,142,682 | € 3,139,255 | € 3,073,379 | € 3,100,552 | ▲ 1% |
| Total debts | € 3,869,044 | € 3,415,744 | € 3,728,066 | € 3,318,122 | ▼ 11% |
| Cash | € 68,380 | € 139,749 | € 88,671 | € 43,808 | ▼ 51% |
| Land & buildings | € 5,093,250 | € 4,950,517 | € 6,337,942 | € 6,139,372 | ▼ 3% |
| Retained profit | € 2,668,282 | € 2,664,855 | € 2,598,979 | € 2,626,152 | ▲ 1% |
| Bank debt | € 3,843,451 | € 3,398,157 | € 3,649,945 | € 3,226,336 | ▼ 12% |
| Balance sheet total | € 7,400,623 | € 6,979,949 | € 7,162,449 | € 6,870,231 | ▼ 4% |
Key figures of B. De Baets en Zoon, 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 B. De Baets en Zoon?
What happened at B. De Baets en Zoon in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,172. Source: NBB ↗
- New establishment in Eeklo. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,163 profit in 2022 to € 27,172 profit in 2025.
Paid € 51,588 in corporate taxes since 2022.
Best year ever: 2025, with € 27,172 profit.
Establishments
Establishment units
Physical locations of this company
Sint - Jansdreef 9
9900 Eeklo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.845.944
- VAT number
- BE 0424.845.944
- Registered office
- Sint - Jansdreef 9, 9900 Eeklo
- Names & denominations
- B. De Baets en Zoon
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1983
- Peppol
- Active · Active since 13 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige zakelijke dienstverlening, neg