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.
€ 4 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 580,748
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 578,877
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
52 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
7.6
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 59,999
▲ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 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.
€ 85,740
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,981,744 | € 12,754,509 | € 11,590,322 | € 9,220,260 | ▼ 20% |
| Profit after taxes | € 783,360 | € 640,034 | € 840,718 | € 580,748 | ▼ 31% |
| Equity | € 2,856,744 | € 3,296,779 | € 3,737,497 | € 4,018,245 | ▲ 8% |
| Total debts | € 2,682,255 | € 3,671,260 | € 2,686,970 | € 2,229,854 | ▼ 17% |
| Cash | € 232,135 | € 538,004 | € 541,829 | € 578,877 | ▲ 7% |
| Retained profit | € 2,756,744 | € 3,196,779 | € 3,637,497 | € 3,918,245 | ▲ 8% |
| Dividend | € 250,000 | € 200,000 | € 400,000 | € 300,000 | ▼ 25% |
| Bank debt | € 630,248 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 5,538,999 | € 6,968,039 | € 6,424,467 | € 6,248,100 | ▼ 3% |
| Employees (FTE) | 2.7 | 7.5 | 7 | 7.6 | ▲ 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:
- New annual accounts for financial year 2025: profit of € 580,748 (▼ 31% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- 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.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
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
Director · represented by Renaat Declerck
Also active at: Diliver, SUN INVEST III, VELDEMAN ENERGIES, ADRIMES
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
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Network
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