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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BAERT from Moorslede, company number BE0444506062, closed financial year 2025 with a result of € -13,965 after tax. For that financial year BAERT recorded a gross margin of € -13,127 and equity of € -44,624. Compared with financial year 2024, the result moved from € -11,211 to € -13,965. 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 January 30, 2026.
€ -44,624
▼ € 13,965 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,965
▼ 25 % more loss than in 2024
Profit after tax over the fiscal year.
€ 87
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -63,216.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 72
▼ 64% 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.
€ 5,904
▲ € 5,569 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 288
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 | € 601 | € -8,488 | € -10,394 | € -13,127 | ▼ € 2,733 |
| Profit after taxes | € -150 | € -9,279 | € -11,211 | € -13,965 | ▼ € 2,754 |
| Equity | € -10,169 | € -19,448 | € -30,659 | € -44,624 | ▼ € 13,965 |
| Total debts | € 78,476 | € 66,525 | € 71,306 | € 87,887 | ▲ 23% |
| Cash | € 1,004 | € 1,419 | € 754 | € 87 | ▼ 89% |
| Retained profit | € -28,761 | € -38,040 | € -49,251 | € -63,216 | ▼ € 13,965 |
| Balance sheet total | € 68,308 | € 47,077 | € 40,647 | € 43,262 | ▲ 6% |
Key figures of BAERT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BAERT?
What happened at BAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,965. Source: NBB ↗
- New establishment in Moorslede. KBO
- Filip BAERT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 150 loss in 2022 to € 13,965 loss in 2025.
Management
Behind BAERT is Filip BAERT.
Directors
According to the 2025 annual accounts
Filip BAERT
Director
since 1991
Establishments
Establishment units
Physical locations of this company
Zandstraat 1
8890 Moorslede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.506.062
- VAT number
- BE 0444.506.062
- Registered office
- Zandstraat 1, 8890 Moorslede
- Names & denominations
- BAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1991
- Peppol
- Active · Active since 1 Jan 2025
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk
Detailhandel in verlichtingsartikelen
Algemene elektrotechnische installatiewerken
Bouw van autowegen en andere wegen
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Detailhandel in artikelen voor verlichting en woninginrichting
Installatie van verwarming, klimaatregeling en ventilatie
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