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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELECTRO DE BAERE from Kruisem, company number BE0460392088, closed financial year 2025 with a result of € -12,424 after tax. For that financial year ELECTRO DE BAERE recorded a gross margin of € -1,252 and equity of € -32,814. Compared with financial year 2024, the result moved from € -14,558 to € -12,424. 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 July 2, 2026.
€ -32,814
▼ € 12,424 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,424
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,941
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -132,814.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 11,442
▼ 34% vs 2024
Of which on lease € 11,045.
Debts at end 2025
€ 59,504
▼ 14% vs 2024
€ 3,877 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 4,667
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 511
▲ 29% 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 | € 30,333 | € 27,909 | € -1,602 | € -1,252 | ▲ € 350 |
| Profit after taxes | € 14,313 | € 5,671 | € -14,558 | € -12,424 | ▲ € 2,134 |
| Equity | € -11,503 | € -5,832 | € -20,390 | € -32,814 | ▼ € 12,424 |
| Total debts | € 154,877 | € 157,051 | € 137,623 | € 125,543 | ▼ 9% |
| Cash | € 2,528 | € 24,942 | € 17,111 | € 7,941 | ▼ 54% |
| Retained profit | € -111,503 | € -105,832 | € -120,390 | € -132,814 | ▼ € 12,424 |
| Bank debt | € 73,051 | € 81,651 | € 69,109 | € 59,504 | ▼ 14% |
| Balance sheet total | € 143,374 | € 151,219 | € 117,233 | € 92,729 | ▼ 21% |
Key figures of ELECTRO 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 ELECTRO DE BAERE?
What happened at ELECTRO DE BAERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,424. Source: NBB ↗
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
- Marc De Baere became a director. NBB
In short
From € 14,313 profit in 2022 to € 12,424 loss in 2025.
Paid € 650 in corporate taxes since 2022.
Best year ever: 2022, with € 14,313 profit.
Management
Behind ELECTRO DE BAERE is Marc De Baere.
Directors
According to the 2025 annual accounts
Marc De Baere
Director
since 1997
Establishments
Establishment units
Physical locations of this company
Deinsesteenweg(KRU) 177
9770 Kruisem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.392.088
- VAT number
- BE 0460.392.088
- Registered office
- Deinsesteenweg(KRU) 177, 9770 Kruisem
- Names & denominations
- ELECTRO DE BAERE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 1997
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
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