What does INDUSTRIELE SCHILDERWERKEN BAETEN do?

INDUSTRIELE SCHILDERWERKEN BAETEN is a painting contractor in Olen. Public Limited, started on 28 August 1990, 1 establishment.

What is the address of INDUSTRIELE SCHILDERWERKEN BAETEN?

The registered office of INDUSTRIELE SCHILDERWERKEN BAETEN is located at Lammerdries-Oost 24B, 2250 Olen.

Is INDUSTRIELE SCHILDERWERKEN BAETEN still active?

Yes. According to the CBE (29 October 2026) INDUSTRIELE SCHILDERWERKEN BAETEN is active, legal situation “Normale toestand”, started on 28 August 1990.

Is INDUSTRIELE SCHILDERWERKEN BAETEN registered on Peppol?

Yes, INDUSTRIELE SCHILDERWERKEN BAETEN is registered on the Peppol network with ID 0208:0441204597.

What is the enterprise number of INDUSTRIELE SCHILDERWERKEN BAETEN?

The enterprise number of INDUSTRIELE SCHILDERWERKEN BAETEN is BE0441204597.

When was INDUSTRIELE SCHILDERWERKEN BAETEN founded?

INDUSTRIELE SCHILDERWERKEN BAETEN was founded on 28 August 1990.

Is INDUSTRIELE SCHILDERWERKEN BAETEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 August 1990; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did INDUSTRIELE SCHILDERWERKEN BAETEN make in 2025?

INDUSTRIELE SCHILDERWERKEN BAETEN posted a profit after taxes of € 893,979 in financial year 2025.

What is the revenue of INDUSTRIELE SCHILDERWERKEN BAETEN?

As a small company, INDUSTRIELE SCHILDERWERKEN BAETEN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,891,504.

How much does an employee at INDUSTRIELE SCHILDERWERKEN BAETEN earn?

The average wage cost per full-time employee at INDUSTRIELE SCHILDERWERKEN BAETEN was € 65,600 in 2025: staff costs of € 2.2 million for 33.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does INDUSTRIELE SCHILDERWERKEN BAETEN have?

According to the 2025 annual accounts, INDUSTRIELE SCHILDERWERKEN BAETEN has 33.5 full-time equivalents (FTE).

INDUSTRIELE SCHILDERWERKEN BAETEN (Public Limited) - Olen

Q: Who are the directors of INDUSTRIELE SCHILDERWERKEN BAETEN?

According to the 2025 annual accounts, the directors of INDUSTRIELE SCHILDERWERKEN BAETEN are: Veronique Thijs, Ronald Thijs, Filip Thijs, Ivan Van Looveren, Marcelline Baeten.

Dossier INDUSTRIELE SCHILDERWERKEN BAETEN, printed on 29 October 2026 from databakkes.be/en/0441204597/industriele-schilderwerken-baeten. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

INDUSTRIELE SCHILDERWERKEN BAETEN from Olen, company number BE0441204597, closed financial year 2025 with a result of € 893,979 after tax. For that financial year INDUSTRIELE SCHILDERWERKEN BAETEN recorded a gross margin of € 3.9 million and equity of € 9.7 million. Compared with financial year 2024, the result moved from € 1.1 million to € 893,979. 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 31, 2026.

What it is worth Growing

€ 9.7 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 893,979

▼ 19% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 906,433

▼ 15% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 838,000 paid out

94 % of the profit went to the shareholders, mostly to BATHIVA (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

33.5

▼ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.2 million

▲ 34% vs 2024

€ 65,600 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.

Vehicles and equipment

€ 919,531

▼ 23% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.2 million

▼ 8% vs 2024

€ 331,672 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 403,970

▼ 77% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 370,054

▼ 17% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2024	2025	Change 2024 → 2025
Revenue	-	-	€ 6,689,558 Revenue 2024: € 6,689,558 First fiscal year in the series	-
Gross margin	€ 4,567,992 Gross margin 2023: € 4,567,992 First fiscal year in the series	€ 4,441,559 Gross margin 2024: € 4,441,559 ▼ 3% vs 2023 (€ 4,567,992) Unfavourable step	€ 3,828,135 Gross margin 2024: € 3,828,135 ▼ 14% vs 2024 (€ 4,441,559) Unfavourable step	€ 3,891,504 Gross margin 2025: € 3,891,504 ▲ 2% vs 2024 (€ 3,828,135) Favourable step	▲ 2%
Profit after taxes	€ 1,441,448 Profit after taxes 2023: € 1,441,448 First fiscal year in the series	€ 1,285,427 Profit after taxes 2024: € 1,285,427 ▼ 11% vs 2023 (€ 1,441,448) Unfavourable step	€ 1,108,493 Profit after taxes 2024: € 1,108,493 ▼ 14% vs 2024 (€ 1,285,427) Unfavourable step	€ 893,979 Profit after taxes 2025: € 893,979 ▼ 19% vs 2024 (€ 1,108,493) Unfavourable step	▼ 19%
Equity	€ 8,922,013 Equity 2023: € 8,922,013 First fiscal year in the series	€ 9,369,440 Equity 2024: € 9,369,440 ▲ 5% vs 2023 (€ 8,922,013) Favourable step	€ 9,639,994 Equity 2024: € 9,639,994 ▲ 3% vs 2024 (€ 9,369,440) Favourable step	€ 9,695,973 Equity 2025: € 9,695,973 ▲ 1% vs 2024 (€ 9,639,994) Favourable step	▲ 1%
Total debts	€ 4,823,590 Total debts 2023: € 4,823,590 First fiscal year in the series	€ 5,620,221 Total debts 2024: € 5,620,221 ▲ 17% vs 2023 (€ 4,823,590) Unfavourable step	€ 6,391,399 Total debts 2024: € 6,391,399 ▲ 14% vs 2024 (€ 5,620,221) Unfavourable step	€ 6,622,147 Total debts 2025: € 6,622,147 ▲ 4% vs 2024 (€ 6,391,399) Unfavourable step	▲ 4%
Cash	€ 654,150 Cash 2023: € 654,150 First fiscal year in the series	€ 1,342,184 Cash 2024: € 1,342,184 ▲ 105% vs 2023 (€ 654,150) Favourable step	€ 1,066,517 Cash 2024: € 1,066,517 ▼ 21% vs 2024 (€ 1,342,184) Unfavourable step	€ 906,433 Cash 2025: € 906,433 ▼ 15% vs 2024 (€ 1,066,517) Unfavourable step	▼ 15%
Land & buildings	€ 4,301,174 Land & buildings 2023: € 4,301,174 First fiscal year in the series	€ 4,370,159 Land & buildings 2024: € 4,370,159 ▲ 2% vs 2023 (€ 4,301,174) Unchanged	€ 4,991,746 Land & buildings 2024: € 4,991,746 ▲ 14% vs 2024 (€ 4,370,159) Unchanged	€ 4,883,330 Land & buildings 2025: € 4,883,330 ▼ 2% vs 2024 (€ 4,991,746) Unchanged	▼ 2%
Retained profit	€ 8,173,622 Retained profit 2023: € 8,173,622 First fiscal year in the series	€ 8,650,296 Retained profit 2024: € 8,650,296 ▲ 6% vs 2023 (€ 8,173,622) Favourable step	€ 8,942,723 Retained profit 2024: € 8,942,723 ▲ 3% vs 2024 (€ 8,650,296) Favourable step	€ 9,027,949 Retained profit 2025: € 9,027,949 ▲ 1% vs 2024 (€ 8,942,723) Favourable step	▲ 1%
Dividend	€ 838,000 Dividend 2023: € 838,000 First fiscal year in the series	€ 838,000 Dividend 2024: € 838,000 Unchanged (€ 838,000) Unchanged	€ 838,000 Dividend 2024: € 838,000 Unchanged (€ 838,000) Unchanged	€ 838,000 Dividend 2025: € 838,000 Unchanged (€ 838,000) Unchanged
Bank debt	€ 1,843,163 Bank debt 2023: € 1,843,163 First fiscal year in the series	€ 1,949,567 Bank debt 2024: € 1,949,567 ▲ 6% vs 2023 (€ 1,843,163) Unfavourable step	€ 2,401,412 Bank debt 2024: € 2,401,412 ▲ 23% vs 2024 (€ 1,949,567) Unfavourable step	€ 2,198,620 Bank debt 2025: € 2,198,620 ▼ 8% vs 2024 (€ 2,401,412) Favourable step	▼ 8%
Balance sheet total	€ 13,939,651 Balance sheet total 2023: € 13,939,651 First fiscal year in the series	€ 15,171,391 Balance sheet total 2024: € 15,171,391 ▲ 9% vs 2023 (€ 13,939,651) Unchanged	€ 16,176,197 Balance sheet total 2024: € 16,176,197 ▲ 7% vs 2024 (€ 15,171,391) Unchanged	€ 16,449,131 Balance sheet total 2025: € 16,449,131 ▲ 2% vs 2024 (€ 16,176,197) Unchanged	▲ 2%
Employees (FTE)	35.9 Employees (FTE) 2023: 35.9 First fiscal year in the series	33.6 Employees (FTE) 2024: 33.6 ▼ 2.3 vs 2023 (35.9) Unchanged	34.1 Employees (FTE) 2024: 34.1 ▲ 0.5 vs 2024 (33.6) Unchanged	33.5 Employees (FTE) 2025: 33.5 ▼ 0.6 vs 2024 (34.1) Unchanged	▼ 0.6

Key figures of INDUSTRIELE SCHILDERWERKEN BAETEN, fiscal years 2023 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 INDUSTRIELE SCHILDERWERKEN BAETEN?

What happened at INDUSTRIELE SCHILDERWERKEN BAETEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 893,979 (▼ 19% vs 2024). filed late Source: NBB ↗
Aug 31, 1990 New establishment in Olen. KBO
Aug 28, 1990 Start of the company according to the CBE. KBO

In short

From € 1.4 million profit in 2023 to € 893,979 profit in 2025.

Paid € 2 million in corporate taxes since 2023.

Best year ever: 2023, with € 1.4 million profit.

On average € 116,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

BATHIVA 99.8%

The stake of BATHIVA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

INDUSTRIELE SCHILDERWERKEN BAETEN

Behind INDUSTRIELE SCHILDERWERKEN BAETEN are Veronique Thijs, Ronald Thijs, Filip Thijs, Ivan Van Looveren and Marcelline Baeten. The shares are held by BATHIVA (99.8%).

Directors

According to the 2025 annual accounts

Veronique Thijs

Director

Also active at: MISS CLEANING, BATHIVA

Ronald Thijs

Director

Also active at: MISS CLEANING, BATHIVA

Filip Thijs

Director

Also active at: MISS CLEANING, BATHIVA

Ivan Van Looveren

Director

Also active at: MISS CLEANING, BATHIVA

Marcelline Baeten

Managing director

Also active at: MISS CLEANING, BATHIVA

Shareholders

BATHIVA

99.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Lammerdries-Oost 24B

2250 Olen

2.049.384.425

Lammerdries 24 B

2250 Olen

Active since 31 August 1990

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 →

MISS CLEANING same network

€ 4.2 million gross margin · 2025

BATHIVA same network

€ -4,316 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0441.204.597

VAT number

BE 0441.204.597

Registered office

Lammerdries-Oost 24B, 2250 Olen

Names & denominations

INDUSTRIELE SCHILDERWERKEN BAETEN · M.I.S.S.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 August 1990

Peppol

Active · Active since 29 Aug 2023

Activities · NACE

Schilderen van gebouwen

Schilderen

View on CBE Public ↗ Annual accounts (NBB) ↗

INDUSTRIELE SCHILDERWERKEN BAETEN

Financials

What happened to INDUSTRIELE SCHILDERWERKEN BAETEN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions