What does BADE EUROPE do?

BADE EUROPE is a wholesaler in Waregem. Public Limited, started on 27 November 2012, 1 establishment.

What is the address of BADE EUROPE?

The registered office of BADE EUROPE is located at Sprietestraat 280, 8792 Waregem.

Is BADE EUROPE still active?

Yes. According to the CBE (29 October 2026) BADE EUROPE is active, legal situation “Normale toestand”, started on 27 November 2012.

Is BADE EUROPE registered on Peppol?

Yes, BADE EUROPE is registered on the Peppol network with ID 0208:0501870179.

What is the enterprise number of BADE EUROPE?

The enterprise number of BADE EUROPE is BE0501870179.

When was BADE EUROPE founded?

BADE EUROPE was founded on 27 November 2012.

Who are the directors of BADE EUROPE?

According to the 2025 annual accounts, the directors of BADE EUROPE are: RENDEC CONSULT BV, STECRI BV, Gutan Bayram.

Is BADE EUROPE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 November 2012; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did BADE EUROPE make in 2025?

BADE EUROPE posted a profit after taxes of € 580,748 in financial year 2025.

What is the revenue of BADE EUROPE?

In its most recent annual accounts (2025), BADE EUROPE reported revenue of € 9,220,260.

How much does an employee at BADE EUROPE earn?

The average wage cost per full-time employee at BADE EUROPE was € 57,900 in 2025: staff costs of € 439,968 for 7.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BADE EUROPE have?

According to the 2025 annual accounts, BADE EUROPE has 7.6 full-time equivalents (FTE).

Does BADE EUROPE have a website?

Yes, BADE EUROPE has a website at bonfort.be.

BADE EUROPE (Public Limited) - Waregem - BE0501870179

Dossier BADE EUROPE, printed on 29 October 2026 from databakkes.be/en/0501870179/bade-europe. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

BADE EUROPE from Waregem, company number BE0501870179, closed financial year 2025 with a result of € 580,748 after tax. For that financial year BADE EUROPE recorded revenue of € 9.2 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 840,718 to € 580,748. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.

What it is worth Growing

€ 4 million

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 580,748

▼ 31% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 578,877

▲ 7% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 300,000 paid out

52 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

7.6

▲ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 943,925 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 439,968

▲ 2% vs 2024

€ 57,900 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.

Vehicles and equipment

€ 59,999

▲ 38% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1.8 million

▼ 17% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 90 days on average.

Taxes and wages

€ 85,740

▲ 25% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 13,981,744 Revenue 2022: € 13,981,744 First fiscal year in the series	€ 12,754,509 Revenue 2023: € 12,754,509 ▼ 9% vs 2022 (€ 13,981,744) Unfavourable step	€ 11,590,322 Revenue 2024: € 11,590,322 ▼ 9% vs 2023 (€ 12,754,509) Unfavourable step	€ 9,220,260 Revenue 2025: € 9,220,260 ▼ 20% vs 2024 (€ 11,590,322) Unfavourable step	▼ 20%
Profit after taxes	€ 783,360 Profit after taxes 2022: € 783,360 First fiscal year in the series	€ 640,034 Profit after taxes 2023: € 640,034 ▼ 18% vs 2022 (€ 783,360) Unfavourable step	€ 840,718 Profit after taxes 2024: € 840,718 ▲ 31% vs 2023 (€ 640,034) Favourable step	€ 580,748 Profit after taxes 2025: € 580,748 ▼ 31% vs 2024 (€ 840,718) Unfavourable step	▼ 31%
Equity	€ 2,856,744 Equity 2022: € 2,856,744 First fiscal year in the series	€ 3,296,779 Equity 2023: € 3,296,779 ▲ 15% vs 2022 (€ 2,856,744) Favourable step	€ 3,737,497 Equity 2024: € 3,737,497 ▲ 13% vs 2023 (€ 3,296,779) Favourable step	€ 4,018,245 Equity 2025: € 4,018,245 ▲ 8% vs 2024 (€ 3,737,497) Favourable step	▲ 8%
Total debts	€ 2,682,255 Total debts 2022: € 2,682,255 First fiscal year in the series	€ 3,671,260 Total debts 2023: € 3,671,260 ▲ 37% vs 2022 (€ 2,682,255) Unfavourable step	€ 2,686,970 Total debts 2024: € 2,686,970 ▼ 27% vs 2023 (€ 3,671,260) Favourable step	€ 2,229,854 Total debts 2025: € 2,229,854 ▼ 17% vs 2024 (€ 2,686,970) Favourable step	▼ 17%
Cash	€ 232,135 Cash 2022: € 232,135 First fiscal year in the series	€ 538,004 Cash 2023: € 538,004 ▲ 132% vs 2022 (€ 232,135) Favourable step	€ 541,829 Cash 2024: € 541,829 ▲ 1% vs 2023 (€ 538,004) Favourable step	€ 578,877 Cash 2025: € 578,877 ▲ 7% vs 2024 (€ 541,829) Favourable step	▲ 7%
Retained profit	€ 2,756,744 Retained profit 2022: € 2,756,744 First fiscal year in the series	€ 3,196,779 Retained profit 2023: € 3,196,779 ▲ 16% vs 2022 (€ 2,756,744) Favourable step	€ 3,637,497 Retained profit 2024: € 3,637,497 ▲ 14% vs 2023 (€ 3,196,779) Favourable step	€ 3,918,245 Retained profit 2025: € 3,918,245 ▲ 8% vs 2024 (€ 3,637,497) Favourable step	▲ 8%
Dividend	€ 250,000 Dividend 2022: € 250,000 First fiscal year in the series	€ 200,000 Dividend 2023: € 200,000 ▼ 20% vs 2022 (€ 250,000) Unchanged	€ 400,000 Dividend 2024: € 400,000 ▲ 100% vs 2023 (€ 200,000) Unchanged	€ 300,000 Dividend 2025: € 300,000 ▼ 25% vs 2024 (€ 400,000) Unchanged	▼ 25%
Bank debt	€ 630,248 Bank debt 2022: € 630,248 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 630,248) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 5,538,999 Balance sheet total 2022: € 5,538,999 First fiscal year in the series	€ 6,968,039 Balance sheet total 2023: € 6,968,039 ▲ 26% vs 2022 (€ 5,538,999) Unchanged	€ 6,424,467 Balance sheet total 2024: € 6,424,467 ▼ 8% vs 2023 (€ 6,968,039) Unchanged	€ 6,248,100 Balance sheet total 2025: € 6,248,100 ▼ 3% vs 2024 (€ 6,424,467) Unchanged	▼ 3%
Employees (FTE)	2.7 Employees (FTE) 2022: 2.7 First fiscal year in the series	7.5 Employees (FTE) 2023: 7.5 ▲ 4.8 vs 2022 (2.7) Unchanged	7 Employees (FTE) 2024: 7 ▼ 0.5 vs 2023 (7.5) Unchanged	7.6 Employees (FTE) 2025: 7.6 ▲ 0.6 vs 2024 (7) Unchanged	▲ 0.6

Key figures of BADE EUROPE, 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 BADE EUROPE?

What happened at BADE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 8, 2026 New annual accounts for financial year 2025: profit of € 580,748 (▼ 31% vs 2024). Source: NBB ↗
Nov 27, 2012 New establishment in Waregem. KBO
Nov 27, 2012 Start of the company according to the CBE. KBO

In short

From € 783,360 profit in 2022 to € 580,748 profit in 2025.

Paid € 576,162 in corporate taxes since 2022.

Best year ever: 2024, with € 840,718 profit.

Paid out € 1.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

RENDEC CONSULT BV STECRI BV Gutan Bayram

Diliver

SUN INVEST III

BADE EUROPE

VERSTRAETE INVEST

Behind BADE EUROPE are RENDEC CONSULT BV, STECRI BV and Gutan Bayram. RENDEC CONSULT BV is also behind Diliver, SUN INVEST III, VELDEMAN ENERGIES and ADRIMES. STECRI BV is also behind VERSTRAETE INVEST, VERSTRAETE - HAHN, SUN INVEST III and VELDEMAN ENERGIES.

Directors

According to the 2025 annual accounts

RENDEC CONSULT BV

Director · represented by Renaat Declerck

Also active at: Diliver, SUN INVEST III, VELDEMAN ENERGIES, ADRIMES

STECRI BV

Managing director · represented by Stefaan Declerck

Also active at: VERSTRAETE INVEST, VERSTRAETE - HAHN, SUN INVEST III, VELDEMAN ENERGIES

Gutan Bayram

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Sprietestraat 280

8792 Waregem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

VERSTRAETE INVEST same network

€ 301,008 gross margin · 2025

VERSTRAETE - HAHN same network

€ -12,790 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS bonfort.be

Canonical: https://www.bonfort.eu/

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Details

Company number: 0501.870.179
VAT number: BE 0501.870.179
Registered office: Sprietestraat 280, 8792 Waregem
Names & denominations: BADE EUROPE
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 27 November 2012
Peppol: Active · Active since 1 Jan 2001
Contact: bonfort.be
Activities · NACE: Groothandel in tapijten

View on CBE Public ↗ Annual accounts (NBB) ↗