Financials
Financial year 2025
BAERT GEBROEDERS from Waasmunster, company number BE0434053422, closed financial year 2025 with a result of € 24,850 after tax. For that financial year BAERT GEBROEDERS recorded a gross margin of € 234,774 and equity of € 396,564. Compared with financial year 2024, the result moved from € 66,775 to € 24,850. 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 August 28, 2026.
€ 396,564
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,850
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 130,839
▲ 19% 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 € 377,964.
People and assets in 2025
€ 138,119
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,222
▲ 138% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 56,077
▼ 48% vs 2024
€ 991 is repaid this year. At this pace the long-term loan is gone in ≈ 57 years.
€ 41,636
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,328
▲ 21% 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 | € 171,683 | € 315,676 | € 269,017 | € 234,774 | ▼ 13% |
| Profit after taxes | € 3,857 | € 107,566 | € 66,775 | € 24,850 | ▼ 63% |
| Equity | € 300,731 | € 356,386 | € 371,713 | € 396,564 | ▲ 7% |
| Total debts | € 319,411 | € 227,618 | € 192,966 | € 149,321 | ▼ 23% |
| Cash | € 21,290 | € 105,576 | € 110,040 | € 130,839 | ▲ 19% |
| Land & buildings | € 309,251 | € 283,959 | € 258,667 | € 233,381 | ▼ 10% |
| Retained profit | € 282,131 | € 337,786 | € 353,113 | € 377,964 | ▲ 7% |
| Dividend | € 32,921 | € 51,911 | € 51,448 | € 0 | ▼ 100% |
| Bank debt | € 113,763 | € 136,657 | € 106,886 | € 56,077 | ▼ 48% |
| Balance sheet total | € 620,142 | € 584,004 | € 564,679 | € 545,885 | ▼ 3% |
| Employees (FTE) | 2 | 2 | - | - |
Key figures of BAERT GEBROEDERS, 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 BAERT GEBROEDERS?
What happened at BAERT GEBROEDERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,850 (▼ 63% vs 2024). filed late Source: NBB ↗
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,857 profit in 2022 to € 24,850 profit in 2025.
Paid € 56,899 in corporate taxes since 2022.
Best year ever: 2023, with € 107,566 profit.
On average € 157,800 of value added per employee in 2023.
Management
Behind BAERT GEBROEDERS are Paul Baert and Pieter Baert.
Directors
According to the 2025 annual accounts
Paul Baert
Director
Pieter Baert
Director
Establishments
Establishment units
Physical locations of this company
Manta 3
9250 Waasmunster
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
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0434.053.422
- VAT number
- BE 0434.053.422
- Registered office
- Manta 3, 9250 Waasmunster
- Names & denominations
- BAERT GEBROEDERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 1988
- Peppol
- Active · Active since 28 Mar 2025
- Contact
- baertgebroeders.be
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof