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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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Figures corrected NBB
Corrected annual account filed for 2025.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PHILIPPE DE BAERE from Watermaal-Bosvoorde, company number BE0458694687, closed financial year 2025 with a result of € 749,361 after tax. For that financial year PHILIPPE DE BAERE recorded a gross margin of € 1.2 million and equity of € 5.2 million. Compared with financial year 2024, the result moved from € 241,812 to € 749,361. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ 5.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 749,361
▲ 210% vs 2024
Profit after tax over the fiscal year.
€ 256,177
▲ 118% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 768,890 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 16,516
▲ 8% 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.
€ 201,148
▼ 14% vs 2024
Of which on lease € 200,000.
Debts at end 2025
€ 412,593
▼ 28% vs 2024
€ 164,057 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 13,861
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 430,554
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 852,963 | € 834,378 | € 406,414 | € 1,179,687 | ▲ 190% |
| Profit after taxes | € 499,606 | € 496,347 | € 241,812 | € 749,361 | ▲ 210% |
| Equity | € 5,696,174 | € 5,815,248 | € 5,187,321 | € 5,167,792 | |
| Total debts | € 1,571,206 | € 1,736,794 | € 2,374,779 | € 1,766,439 | ▼ 26% |
| Cash | € 125,385 | € 22,004 | € 117,462 | € 256,177 | ▲ 118% |
| Land & buildings | € 3,300,584 | € 3,214,829 | € 3,126,835 | € 2,847,968 | ▼ 9% |
| Retained profit | € 5,672,004 | € 5,791,078 | € 5,163,151 | € 5,143,623 | |
| Dividend | € 0 | € 377,273 | € 869,739 | € 768,890 | ▼ 12% |
| Bank debt | € 1,186,570 | € 736,524 | € 575,250 | € 412,593 | ▼ 28% |
| Balance sheet total | € 8,434,051 | € 8,698,353 | € 8,683,583 | € 8,004,647 | ▼ 8% |
| Employees (FTE) | 0 | 0.5 | - | - |
Key figures of PHILIPPE DE BAERE, 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 PHILIPPE DE BAERE?
What happened at PHILIPPE DE BAERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
In short
From € 499,606 profit in 2022 to € 749,361 profit in 2025.
Paid € 937,239 in corporate taxes since 2022.
Best year ever: 2025, with € 749,361 profit.
Paid out € 2 million in dividends to the owners in total.
Management
Behind PHILIPPE DE BAERE is Philippe De Baere. It owns 4.7% of Van Bael & Bellis BV itself.
Directors
According to the 2025 annual accounts
Philippe De Baere
Director
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 166
1170 Watermaal-Bosvoorde
Louizalaan 165
1050 Elsene
Active since 12 August 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
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€ 28,264 gross margin · 2025
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.694.687
- VAT number
- BE 0458.694.687
- Registered office
- Terhulpsesteenweg 166, 1170 Watermaal-Bosvoorde
- Names & denominations
- PHILIPPE DE BAERE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 1996
- Peppol
- Active · Active since 15 Sept 2026
- Activities · NACE
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