Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 4.3 to 3.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
BAUDINET-WILLEMS & Associés from Liège, company number BE0439599545, closed financial year 2025 with a result of € -55,665 after tax. For that financial year BAUDINET-WILLEMS & Associés recorded revenue of € 0 and equity of € -45,723. Compared with financial year 2024, the result moved from € 9,241 to € -55,665. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ -45,723
▼ € 55,665 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -55,665
▼ still € 9,241 profit in 2024
Profit after tax over the fiscal year.
€ 88,050
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -72,991.
People and assets in 2025
3
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 176,458
▼ 4% vs 2024
€ 58,800 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.
€ 12,061
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 190,187
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,740
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 699,060 | - | € 0 | € 0 | |
| Gross margin | € 154,843 | € 211,493 | € 197,328 | € 127,266 | ▼ 36% |
| Profit after taxes | € 33,068 | € -40,061 | € 9,241 | € -55,665 | ▼ € 64,906 |
| Equity | € 40,763 | € 701 | € 9,942 | € -45,723 | ▼ € 55,665 |
| Total debts | € 263,764 | € 324,438 | € 195,345 | € 250,638 | ▲ 28% |
| Cash | € 197,144 | € 107,620 | € 83,030 | € 88,050 | ▲ 6% |
| Retained profit | € 15,763 | € -26,567 | € -17,326 | € -72,991 | ▼ € 55,665 |
| Bank debt | € 0 | € 73,909 | € 0 | € 0 | |
| Balance sheet total | € 304,527 | € 325,139 | € 205,287 | € 204,915 | |
| Employees (FTE) | - | 4.3 | 3.9 | 3 | ▼ 0.9 |
Key figures of BAUDINET-WILLEMS & Associés, 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 BAUDINET-WILLEMS & Associés?
What happened at BAUDINET-WILLEMS & Associés in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 55,665 (▼ € 64,906 vs 2024). filed late Source: NBB ↗
- GERBEHAYE became a director. NBB
- SRL W. AVOCAT became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,068 profit in 2022 to € 55,665 loss in 2025.
Paid € 5,108 in corporate taxes since 2022.
Best year ever: 2022, with € 33,068 profit.
On average € 42,400 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 W Avocat, GERBEHAYE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BAUDINET-WILLEMS & AssociésBehind BAUDINET-WILLEMS & Associés are GERBEHAYE and SRL W. AVOCAT. The shares are held by W Avocat (50%) and GERBEHAYE (47.4%).
Directors
According to the 2025 annual accounts
Director · represented by PIERRE BAUDINET
since 2023
Director · represented by DAVID WILLEMS
since 2023
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Ernest-Solvay 208
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0439.599.545
- VAT number
- BE 0439.599.545
- Registered office
- Rue Ernest-Solvay 208, 4000 Liège
- Names & denominations
- BAUDINET-WILLEMS & Associés · B.B.R., Cabinet d'Avocats
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1989
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Activiteiten van advocaten
Advocatenkantoor en juridische adviseurs