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 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Baetens - Van Nespen from Sint-Gillis-Waas, company number BE0462016245, closed financial year 2025 with a result of € -4,614 after tax. For that financial year Baetens - Van Nespen recorded a gross margin of € 192,087 and equity of € 128,871. Compared with financial year 2024, the result moved from € 9,887 to € -4,614. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 23, 2026.
€ 128,871
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,614
▼ still € 9,887 profit in 2024
Profit after tax over the fiscal year.
€ 148,076
▲ 205% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 110,271.
People and assets in 2025
3.2
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 141,104
▲ 34% vs 2024
€ 44,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 19,166
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 167,311
▼ 26% vs 2024
€ 42,313 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 309,128
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,116
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 147,379 | € 120,591 | € 182,086 | € 192,087 | ▲ 5% |
| Profit after taxes | € 4,701 | € -17,063 | € 9,887 | € -4,614 | ▼ € 14,501 |
| Equity | € 140,661 | € 123,598 | € 133,485 | € 128,871 | ▼ 3% |
| Total debts | € 1,057,043 | € 715,560 | € 723,009 | € 707,290 | ▼ 2% |
| Cash | € 42,884 | € 39,654 | € 48,481 | € 148,076 | ▲ 205% |
| Land & buildings | € 557,143 | € 527,593 | € 493,186 | € 459,459 | ▼ 7% |
| Retained profit | € 122,061 | € 104,998 | € 114,885 | € 110,271 | ▼ 4% |
| Bank debt | € 435,502 | € 262,506 | € 227,404 | € 167,311 | ▼ 26% |
| Balance sheet total | € 1,197,704 | € 839,158 | € 856,494 | € 836,160 | ▼ 2% |
| Employees (FTE) | 2 | 2.1 | 2.6 | 3.2 | ▲ 0.6 |
Key figures of Baetens - Van Nespen, 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 April 2027.
What happened to Baetens - Van Nespen?
What happened at Baetens - Van Nespen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,614 (▼ € 14,501 vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,701 profit in 2022 to € 4,614 loss in 2025.
Paid € 24,624 in corporate taxes since 2022.
Best year ever: 2024, with € 9,887 profit.
On average € 60,000 of value added per employee in 2025.
Management
Behind Baetens - Van Nespen is NANCY VAN NESPEN. It owns 40% of Rikancyves itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Sint-Niklaasstraat(SGW) 135-B
9170 Sint-Gillis-Waas
Sint-Niklaasstraat(SGW) 135
9170 Sint-Gillis-Waas
Active since 5 February 1998
Drielindenstraat 51A box 1
9100 Sint-Niklaas
Active since 3 February 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.016.245
- VAT number
- BE 0462.016.245
- Registered office
- Sint-Niklaasstraat(SGW) 135-B, 9170 Sint-Gillis-Waas
- Names & denominations
- Baetens - Van Nespen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1997
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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