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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LOUIS BAERT & CO from Buggenhout, company number BE0436202961, closed financial year 2025 with a result of € 639,316 after tax. Compared with financial year 2024, the result moved from € 2.1 million to € 639,316. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 3.3 million
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 639,316
▼ 69% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.7 million.
Debts at end 2025
€ 5.6 million
▲ 21% vs 2024
Loans from banks and other lenders, long and short.
€ 22,473
▲ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 2,264,582 | € 1,360,839 | € 2,082,690 | € 639,316 | ▼ 69% |
| Equity | € 2,686,039 | € 2,686,039 | € 2,686,039 | € 3,325,355 | ▲ 24% |
| Total debts | € 7,518,767 | € 7,585,484 | € 6,858,976 | € 6,293,007 | ▼ 8% |
| Land & buildings | € 506,658 | € 476,702 | € 446,745 | € 416,789 | ▼ 7% |
| Retained profit | € 2,030,039 | € 2,030,039 | € 2,030,039 | € 2,669,355 | ▲ 31% |
| Dividend | € 2,256,760 | € 1,360,839 | € 2,082,690 | € 0 | ▼ 100% |
| Bank debt | € 4,532,471 | € 4,569,540 | € 4,653,959 | € 5,648,720 | ▲ 21% |
| Balance sheet total | € 10,204,805 | € 10,271,523 | € 9,545,015 | € 9,618,362 | ▲ 1% |
Key figures of LOUIS BAERT & CO, 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 LOUIS BAERT & CO?
What happened at LOUIS BAERT & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joana Arreguy stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 639,316 (▼ 69% vs 2024). Source: NBB ↗
- Richard JUGGERY stepped down as director. NBB
- Jacques Garcia stepped down as director. NBB
- Jacques Garcia became a director. NBB
- Quentin WALCKIERS stepped down as director. NBB
- Joana Arreguy became a director. NBB
- Richard JUGGERY became a director. NBB
In short
From € 2.3 million profit in 2022 to € 639,316 profit in 2025.
Paid € 31,409 in corporate taxes since 2022.
Best year ever: 2022, with € 2.3 million profit.
Paid out € 5.7 million in dividends to the owners in total.
Management
The shares are held by Saint-Gobain Performance Plastics Europe (100%). It owns 65.1% of SAINT-GOBAIN ADFORS BELGIUM itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2028
Richard JUGGERY
Director
Also active at: SAINT-GOBAIN CONSTRUCTION PRODUCTS BELGIUM, SFIC, GCP Applied Technologies, SAINT-GOBAIN BENELUX, SAINT-GOBAIN ADFORS BELGIUM, DE NEEF CONSTRUCTION CHEMICALS, GCP Construction Products, INVERCO BENELUX +3 more
since 2022 · until 2026
Jacques Garcia
Director
Also active at: SAINT-GOBAIN INNOVATIVE MATERIALS BELGIUM, SAINT-GOBAIN BENELUX, SAINT-GOBAIN ADFORS BELGIUM, SAINT-GOBAIN PAM BELGIUM
since 2026 · until 2026
since 2019 · until 2026
Shareholders
Saint-Gobain Performance Plastics Europe
100%
Participations
Establishments
Establishment units
Physical locations of this company
Kalkenstraat 86
9255 Buggenhout
Kalkenstraat 94
9255 Buggenhout
Active since 12 January 1989
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
- 0436.202.961
- VAT number
- BE 0436.202.961
- Registered office
- Kalkenstraat 86, 9255 Buggenhout
- Names & denominations
- LOUIS BAERT & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1988
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van holdings
Arbeidsbemiddeling
Holdings