Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 1.9 to 1.6.
Financials
Financial year 2025
BAELE - GEEROMS from Zottegem, company number BE0440976549, closed financial year 2025 with a result of € 17,659 after tax. For that financial year BAELE - GEEROMS recorded a gross margin of € 158,046 and equity of € 617,409. Compared with financial year 2024, the result moved from € 32,671 to € 17,659. 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 27, 2026.
€ 617,409
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,659
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 190,197
▼ 15% 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 € 555,409.
People and assets in 2025
1.6
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 100,040
▲ 30% vs 2024
€ 62,500 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.
€ 95,637
▲ € 85,266 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 35,000
▼ 32% vs 2024
Loans from banks and other lenders, long and short.
€ 171,803
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,846
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 221,196 | € 236,016 | € 155,116 | € 158,046 | ▲ 2% |
| Profit after taxes | € 96,232 | € -41,633 | € 32,671 | € 17,659 | ▼ 46% |
| Equity | € 608,713 | € 567,079 | € 599,750 | € 617,409 | ▲ 3% |
| Total debts | € 342,291 | € 324,516 | € 239,302 | € 263,649 | ▲ 10% |
| Cash | € 240,148 | € 254,896 | € 222,604 | € 190,197 | ▼ 15% |
| Land & buildings | - | - | - | € 7,644 | |
| Retained profit | € 546,713 | € 505,079 | € 537,750 | € 555,409 | ▲ 3% |
| Bank debt | € 0 | € 35,000 | € 51,729 | € 35,000 | ▼ 32% |
| Balance sheet total | € 951,004 | € 891,595 | € 839,052 | € 881,058 | ▲ 5% |
| Employees (FTE) | 1.9 | 1.9 | 1.7 | 1.6 | ▼ 0.1 |
Key figures of BAELE - GEEROMS, 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 BAELE - GEEROMS?
What happened at BAELE - GEEROMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,659 (▼ 46% vs 2024). filed late Source: NBB ↗
- Marc Baele stepped down as director. NBB
- Marc Baele became a director. NBB
- New establishment in Zottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 96,232 profit in 2022 to € 17,659 profit in 2025.
Paid € 98,953 in corporate taxes since 2022.
Best year ever: 2022, with € 96,232 profit.
On average € 98,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Marc Baele
Managing director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Buke 52
9620 Zottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.976.549
- VAT number
- BE 0440.976.549
- Registered office
- Buke 52, 9620 Zottegem
- Names & denominations
- BAELE - GEEROMS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 1990
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
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