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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BAETEN from Oostkamp, company number BE0456645613, closed financial year 2025 with a result of € 562 after tax. For that financial year BAETEN recorded a gross margin of € 313,663 and equity of € 110,452. Compared with financial year 2024, the result moved from € 8,927 to € 562. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ 110,452
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 562
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 8,682
▲ 7% 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 € 104,252.
People and assets in 2025
€ 270,302
▲ 6% 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.
€ 17,197
▼ 48% vs 2024
Of which on lease € 16,910.
Debts at end 2025
€ 52,229
▼ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 96,164
▲ 270% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,379
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 279,014 | € 302,424 | € 310,673 | € 313,663 | ▲ 1% |
| Profit after taxes | € 18,139 | € 12,718 | € 8,927 | € 562 | ▼ 94% |
| Equity | € 88,244 | € 100,962 | € 109,889 | € 110,452 | ▲ 1% |
| Total debts | € 237,292 | € 253,674 | € 180,222 | € 226,427 | ▲ 26% |
| Cash | € 26,438 | € 16,595 | € 8,141 | € 8,682 | ▲ 7% |
| Land & buildings | € 231,958 | € 223,110 | € 213,763 | € 193,379 | ▼ 10% |
| Retained profit | € 82,044 | € 94,762 | € 103,689 | € 104,252 | ▲ 1% |
| Bank debt | € 60,366 | € 79,188 | € 60,227 | € 52,229 | ▼ 13% |
| Balance sheet total | € 325,537 | € 354,636 | € 290,112 | € 336,878 | ▲ 16% |
Key figures of BAETEN, 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 BAETEN?
What happened at BAETEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 562 (▼ 94% vs 2024). filed late Source: NBB ↗
- New establishment in Oostkamp. KBO
- New establishment in Oostkamp. KBO
- Armand Baeten became a director. NBB
- Inge Baeten became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,139 profit in 2022 to € 562 profit in 2025.
Paid € 17,253 in corporate taxes since 2022.
Best year ever: 2022, with € 18,139 profit.
Management
Behind BAETEN are Armand Baeten and Inge Baeten. Inge Baeten is also behind LINK-UP.
Directors
According to the 2025 annual accounts
Armand Baeten
Director
since 1995
since 1995
Establishments
Establishment units
Physical locations of this company
Leliestraat 35
8020 Oostkamp
Hertsbergsestraat 51
8020 Oostkamp
Active since 1 February 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.645.613
- VAT number
- BE 0456.645.613
- Registered office
- Leliestraat 35, 8020 Oostkamp
- Names & denominations
- BAETEN · LINK-UP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 1995
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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