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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
BARESE from Waterloo, company number BE0441352671, closed financial year 2025 with a result of € 439,614 after tax. For that financial year BARESE recorded a gross margin of € 781,801 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 269,329 to € 439,614. Profitable, and profit is growing. 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 May 18, 2026.
€ 3.7 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 439,614
▲ 63% vs 2024
Profit after tax over the fiscal year.
€ 42,211
▲ € 35,206 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 € 1.7 million.
Debts at end 2025
€ 2.8 million
▼ 46% vs 2024
€ 163,080 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 34,693
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 226,770
▲ 87% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,194,024 | € 258,370 | € 657,164 | € 781,801 | ▲ 19% |
| Profit after taxes | € 3,584,084 | € 70,448 | € 269,329 | € 439,614 | ▲ 63% |
| Equity | € 2,963,982 | € 3,034,431 | € 3,303,760 | € 3,743,373 | ▲ 13% |
| Total debts | € 6,241,041 | € 7,160,477 | € 5,676,205 | € 3,520,972 | ▼ 38% |
| Cash | € 1,865,429 | € 592,653 | € 7,005 | € 42,211 | ▲ € 35,206 |
| Land & buildings | € 3,826,924 | € 2,268,832 | € 2,214,851 | € 2,160,870 | ▼ 2% |
| Retained profit | € 963,982 | € 1,034,431 | € 1,303,760 | € 1,743,373 | ▲ 34% |
| Bank debt | € 5,883,223 | € 6,020,600 | € 5,226,179 | € 2,837,022 | ▼ 46% |
| Balance sheet total | € 9,205,024 | € 10,194,907 | € 8,979,964 | € 7,264,345 | ▼ 19% |
Key figures of BARESE, 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 BARESE?
What happened at BARESE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- André ANDRY stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 439,614 (▲ 63% vs 2024). Source: NBB ↗
- André ANDRY became a director. NBB
- New establishment in Wavre. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.6 million profit in 2022 to € 439,614 profit in 2025.
Paid € 601,241 in corporate taxes since 2022.
Best year ever: 2022, with € 3.6 million profit.
Management
The stake of SOCIETE ANONYME DE LA RUE ROYALE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BARESEThe shares are held by SOCIETE ANONYME DE LA RUE ROYALE (99.9%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Allée du Chevreuil 10
1410 Waterloo
Valère-Gillesquare 4
1050 Elsene
Active since 18 September 1990
Rue des Liniers 52
1300 Wavre
Active since 29 April 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0441.352.671
- VAT number
- BE 0441.352.671
- Registered office
- Allée du Chevreuil 10, 1410 Waterloo
- Names & denominations
- BARESE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 1990
- Peppol
- Not registered