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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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Annual account missing NBB
Fiscal year 2024 was expected before 30 April 2025 and has not been filed.
Financials
Financial year 2023
DE BAERE INSTALLATIONS from Eeklo, company number BE0502908970, closed financial year 2023 with a result of € 25,739 after tax. For that financial year DE BAERE INSTALLATIONS recorded a gross margin of € 130,129 and equity of € 349,046. Compared with financial year 2022, the result moved from € 9,215 to € 25,739. Profitable, and profit is growing. 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 May 31, 2024.
€ 349,046
▲ 8% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,739
▲ 179% vs 2022
Profit after tax over the fiscal year.
€ 30,154
▼ 27% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 342,846.
People and assets in 2023
€ 62,362
▼ 7% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 104,420
▲ 149% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 76,858
▲ 70% vs 2022
€ 20,559 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 32,640
▲ € 26,177 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 32,287
▲ € 25,514 vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 114,702 | € 102,355 | € 130,129 | ▲ 27% |
| Profit after taxes | € 50,361 | € 9,215 | € 25,739 | ▲ 179% |
| Equity | € 314,093 | € 323,308 | € 349,046 | ▲ 8% |
| Total debts | € 135,035 | € 70,233 | € 279,464 | ▲ 298% |
| Cash | € 26,114 | € 41,304 | € 30,154 | ▼ 27% |
| Land & buildings | € 4,511 | € 3,283 | € 253,400 | ▲ € 250,118 |
| Retained profit | € 307,893 | € 317,108 | € 342,846 | ▲ 8% |
| Bank debt | € 107,269 | € 45,289 | € 76,858 | ▲ 70% |
| Balance sheet total | € 449,128 | € 393,540 | € 628,510 | ▲ 60% |
Key figures of DE BAERE INSTALLATIONS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.
What happened to DE BAERE INSTALLATIONS?
What happened at DE BAERE INSTALLATIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 25,739 (▲ 179% vs 2022). filed late Source: NBB ↗
- New establishment in Eeklo. KBO
- Davy De Baere became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 50,361 profit in 2021 to € 25,739 profit in 2023.
Paid € 18,573 in corporate taxes since 2021.
Best year ever: 2021, with € 50,361 profit.
Management
Behind DE BAERE INSTALLATIONS is Davy De Baere. Davy De Baere is also behind PULVI.
Directors
According to the 2023 annual accounts
since 2013
Establishments
Establishment units
Physical locations of this company
Vrombautstraat 121
9900 Eeklo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0502.908.970
- VAT number
- BE 0502.908.970
- Registered office
- Vrombautstraat 121, 9900 Eeklo
- Names & denominations
- DE BAERE INSTALLATIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2013
- Peppol
- Active · Active since 23 Apr 2026
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Vervaardiging van radiatoren, stoomketels en ketels voor centrale verwarming
Groothandel in installatiemateriaal voor loodgieterswerk en verwarming
Overige reiniging van gebouwen; industriële reiniging
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Sanitaire werkzaamheden