Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 10.2 to 8.
Financials
Financial year 2025
SANITAIR DE BAERE from Waregem, company number BE0426814945, closed financial year 2025 with a result of € 90,021 after tax. For that financial year SANITAIR DE BAERE recorded a gross margin of € 741,746 and equity of € 577,899. Compared with financial year 2024, the result moved from € 142,331 to € 90,021. 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 9, 2026.
€ 577,899
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,021
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 228,983
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 85,000 paid out
94 % of the profit went to the shareholders, mostly to EMTIMAX (100 % of the shares). That is where the money ends up.
People and assets in 2025
8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 578,155
▲ 3% vs 2024
€ 72,300 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.
€ 48,558
▼ 24% vs 2024
Of which on lease € 1,743.
Debts at end 2025
€ 10,663
▲ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 263,039
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,492
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 878,205 | € 829,629 | € 797,466 | € 741,746 | ▼ 7% |
| Profit after taxes | € 115,574 | € 109,242 | € 142,331 | € 90,021 | ▼ 37% |
| Equity | € 559,306 | € 565,547 | € 572,878 | € 577,899 | ▲ 1% |
| Total debts | € 420,404 | € 446,041 | € 511,352 | € 563,545 | ▲ 10% |
| Cash | € 366,112 | € 421,474 | € 358,343 | € 228,983 | ▼ 36% |
| Retained profit | € 540,706 | € 546,947 | € 554,278 | € 559,299 | ▲ 1% |
| Dividend | € 110,000 | € 103,000 | € 135,000 | € 85,000 | ▼ 37% |
| Bank debt | € 6,689 | € 17,322 | € 8,758 | € 10,663 | ▲ 22% |
| Balance sheet total | € 979,709 | € 1,011,589 | € 1,084,230 | € 1,141,443 | ▲ 5% |
| Employees (FTE) | 11.3 | 10.2 | 8.1 | 8 | ▼ 0.1 |
Key figures of SANITAIR DE BAERE, 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 SANITAIR DE BAERE?
What happened at SANITAIR DE BAERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 90,021 (▼ 37% vs 2024). Source: NBB ↗
- Emtimax became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 115,574 profit in 2022 to € 90,021 profit in 2025.
Paid € 167,214 in corporate taxes since 2022.
Best year ever: 2024, with € 142,331 profit.
On average € 92,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of EMTIMAX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SANITAIR DE BAEREBehind SANITAIR DE BAERE is Emtimax. The shares are held by EMTIMAX (100%).
Establishments
Establishment units
Physical locations of this company
Deerlijkseweg 135
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.814.945
- VAT number
- BE 0426.814.945
- Registered office
- Deerlijkseweg 135, 8790 Waregem
- Names & denominations
- SANITAIR DE BAERE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 1984
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling en ventilatie
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Sanitaire werkzaamheden
Overig loodgieterswerk