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 42 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
DE BAETS from Gent, company number BE0439186306, closed financial year 2025 with a result of € 9,858 after tax. For that financial year DE BAETS recorded a gross margin of € 37,533 and equity of € 147,354. Compared with financial year 2024, the result moved from € 18,289 to € 9,858. 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 July 27, 2026.
€ 147,354
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,858
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 7,663
▼ 80% 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 € -41,988.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 38,210 | € 40,773 | € 39,637 | € 37,533 | ▼ 5% |
| Profit after taxes | € 17,611 | € 20,188 | € 18,289 | € 9,858 | ▼ 46% |
| Equity | € 99,018 | € 119,206 | € 137,496 | € 147,354 | ▲ 7% |
| Total debts | € 79,330 | € 56,950 | € 33,842 | € 24,905 | ▼ 26% |
| Cash | € 44,552 | € 52,759 | € 37,652 | € 7,663 | ▼ 80% |
| Land & buildings | € 130,243 | € 120,077 | € 131,073 | € 159,537 | ▲ 22% |
| Retained profit | € -90,323 | € -70,135 | € -51,846 | € -41,988 | ▲ € 9,858 |
| Balance sheet total | € 178,348 | € 176,156 | € 171,338 | € 172,259 | ▲ 1% |
Key figures of DE BAETS, 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 DE BAETS?
What happened at DE BAETS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,858 (▼ 46% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,611 profit in 2022 to € 9,858 profit in 2025.
Paid € 5,009 in corporate taxes since 2022.
Best year ever: 2023, with € 20,188 profit.
Management
Behind DE BAETS is Luc DE BAETS.
Directors
According to the 2025 annual accounts
Luc DE BAETS
Director
Establishments
Establishment units
Physical locations of this company
Zwanebloemstraat 7
9032 Gent
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
TIGRON-AS, BE
Website info
Features
Security
Details
- Company number
- 0439.186.306
- VAT number
- BE 0439.186.306
- Registered office
- Zwanebloemstraat 7, 9032 Gent
- Names & denominations
- DE BAETS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 1989
- Peppol
- Not registered
- Contact
- art2eat.be [email protected]