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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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KERMISBEDRIJF BAETENS from Lokeren, company number BE0445308588, closed financial year 2025 with a result of € 45,143 after tax. For that financial year KERMISBEDRIJF BAETENS recorded a gross margin of € 202,968 and equity of € 223,463. Compared with financial year 2024, the result moved from € 26,473 to € 45,143. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ 223,463
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45,143
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 62,406
▲ 207% 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 € 204,871.
People and assets in 2025
0.9
Average over the fiscal year, from the social balance sheet.
€ 28,639
▲ 90% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,841
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 793,110
▼ 5% vs 2024
€ 107,415 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 51,969
▲ 125% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,675
▼ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 176,154 | € 151,882 | € 162,759 | € 202,968 | ▲ 25% |
| Profit after taxes | € 64,911 | € 24,020 | € 26,473 | € 45,143 | ▲ 71% |
| Equity | € 127,826 | € 151,846 | € 178,319 | € 223,463 | ▲ 25% |
| Total debts | € 1,200,465 | € 1,141,511 | € 1,017,172 | € 1,018,941 | |
| Cash | € 60,183 | € 84,700 | € 20,344 | € 62,406 | ▲ 207% |
| Land & buildings | € 836,762 | € 814,316 | € 791,870 | € 769,424 | ▼ 3% |
| Retained profit | € 109,234 | € 133,254 | € 159,727 | € 204,871 | ▲ 28% |
| Bank debt | € 1,063,029 | € 961,568 | € 830,531 | € 793,110 | ▼ 5% |
| Balance sheet total | € 1,328,291 | € 1,293,356 | € 1,195,491 | € 1,242,403 | ▲ 4% |
| Employees (FTE) | 1.2 | 1.3 | 0.9 | 0.9 |
Key figures of KERMISBEDRIJF BAETENS, 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 KERMISBEDRIJF BAETENS?
What happened at KERMISBEDRIJF BAETENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 45,143 (▲ 71% vs 2024). filed late Source: NBB ↗
- Johannes Henri Smets became a director. NBB
- Pascaline Gabriel Verlent became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,911 profit in 2022 to € 45,143 profit in 2025.
Paid € 41,568 in corporate taxes since 2022.
Best year ever: 2022, with € 64,911 profit.
On average € 116,800 of value added per employee in 2023.
Management
Behind KERMISBEDRIJF BAETENS are Johannes Henri Smets and Pascaline Gabriel Verlent. It owns 30% of New York itself.
Directors
According to the 2025 annual accounts
Johannes Henri Smets
Director
since 2004
Pascaline Gabriel Verlent
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Vierschaarstraat 13
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.308.588
- VAT number
- BE 0445.308.588
- Registered office
- Vierschaarstraat 13, 9160 Lokeren
- Names & denominations
- KERMISBEDRIJF BAETENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 1991
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
Kermisattracties
Exploitatie van kermisattracties
Handelsbemiddeling in de groothandel in andere specifieke goederen
Opslag
Niet-gespecialiseerde groothandel
Overige groothandel
Overige opslag
Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.