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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Figures corrected NBB
Corrected annual account filed for 2020, 2023.
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Late annual account NBB
Fiscal year 2023 was filed 741 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
Baronie van Boelare from Geraardsbergen, company number BE0434390348, closed financial year 2023 with a result of € 469,034 after tax. For that financial year Baronie van Boelare recorded revenue of € 4.8 million and equity of € 12 million. Compared with financial year 2022, the result moved from € 839,882 to € 469,034. 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 11, 2026.
€ 12 million
▲ 5% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 469,034
▼ 44% vs 2022
Profit after tax over the fiscal year.
€ 566,917
▼ 11% vs 2022
Cash and bank balances on the last day of the fiscal year.
People and assets in 2023
95
▲ 0.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 5.7 million
▲ 4% vs 2022
€ 60,200 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.
€ 39,346
▼ 41% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 7.5 million
▼ 1% vs 2022
€ 682,253 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 533,641
▲ 88% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 60 days on average.
€ 1.3 million
▲ 26% vs 2022
Taxes, VAT and social contributions still to pay.
| 2020 | 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|---|
| Revenue | € 4,739,053 | € 3,926,546 | € 4,381,279 | € 4,839,385 | ▲ 10% |
| Profit after taxes | € 641,007 | € 214,019 | € 839,882 | € 469,034 | ▼ 44% |
| Equity | € 10,366,355 | € 10,580,375 | € 11,420,256 | € 12,028,501 | ▲ 5% |
| Total debts | € 8,656,665 | € 8,159,645 | € 9,259,237 | € 9,791,745 | ▲ 6% |
| Cash | € 1,092,784 | € 395,654 | € 635,061 | € 566,917 | ▼ 11% |
| Land & buildings | € 8,961,854 | € 9,733,689 | € 11,022,972 | € 11,807,514 | ▲ 7% |
| Retained profit | € 10,179,960 | € 10,393,979 | € 11,233,860 | € 11,702,895 | ▲ 4% |
| Bank debt | € 6,728,152 | € 6,310,327 | € 7,594,932 | € 7,492,587 | ▼ 1% |
| Balance sheet total | € 19,023,020 | € 18,740,020 | € 20,679,493 | € 21,820,247 | ▲ 6% |
| Employees (FTE) | 124.8 | 93.3 | 94.2 | 95 | ▲ 0.8 |
By revenue, Baronie van Boelare ranks 2nd of 7 companies with main activity “Serviceflats voor ouderen” in East Flanders that publish figures (fiscal year 2023).
Key figures of Baronie van Boelare, fiscal years 2020 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
Ask about Baronie van Boelare the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Baronie van Boelare?
What happened at Baronie van Boelare in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2023. filed late Source: NBB ↗
- Maarten VAN NIEUWENHOVE became a director. NBB
- Reza NIKNEJAD HAMID became a director. NBB
- New establishment in Geraardsbergen. KBO
- New establishment in Geraardsbergen. KBO
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 641,007 profit in 2020 to € 469,034 profit in 2023.
Best year ever: 2022, with € 839,882 profit.
Pays suppliers within 60 days on average.
Management
Behind Baronie van Boelare are Maarten VAN NIEUWENHOVE and Reza NIKNEJAD HAMID. The same people are also behind REVA CLINICS. Maarten VAN NIEUWENHOVE is also behind NEJARI, KOUTERLOS INVEST, JAFEMA, MVN Management and Fare. Reza NIKNEJAD HAMID is also behind REVA CLINICS REAL ESTATE.
Directors
According to the 2023 annual accounts
Maarten VAN NIEUWENHOVE
Director
Also active at: NEJARI, KOUTERLOS INVEST, JAFEMA, MVN Management, Fare, MVN Construct, REVA CLINICS, T.L.I. +1 more
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Leopoldlaan(Oph) 82
9500 Geraardsbergen
Kasteeldreef(Ned) 3
9500 Geraardsbergen
Active since 1 December 1987
Leopoldlaan(Oph) 83
9500 Geraardsbergen
Active since 1 October 2014
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.
Similar companies in East Flanders
Same main activity (Serviceflats voor ouderen), 25 active companies in East Flanders, largest first.
De Bron, voorziening voor huisvesting met dienstverlening en nazorg
€ 7.5 million revenue · 2025 · Zottegem
€ 4.5 million revenue · 2025 · Gent
€ 2.1 million gross margin · 2025 · Deinze
€ 1.6 million gross margin · 2025 · Ronse
€ 1.1 million gross margin · 2025 · Zottegem
€ 696,283 gross margin · 2025 · Herzele
Details
- Company number
- 0434.390.348
- VAT number
- BE 0434.390.348
- Registered office
- Leopoldlaan(Oph) 82, 9500 Geraardsbergen
- Names & denominations
- Baronie van Boelare
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 1 December 1987
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Serviceflats voor ouderen
Rust- en verzorgingstehuizen
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Overige eetgelegenheden
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Rusthuizen voor ouderen (ROB)
Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten
Catering van evenementen
+4