Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
40 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Baugema from Mont-Saint-Guibert, company number BE0536734850, closed financial year 2025 with a result of € -18,172 after tax. For that financial year Baugema recorded a gross margin of € 49,010 and equity of € -88,594. Compared with financial year 2024, the result moved from € -1,802 to € -18,172. 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 31, 2026.
€ -88,594
▼ € 18,172 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,172
▼ 908 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,429
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -199,744.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 53,121
▲ 95% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,679
▲ 147% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 120,563
▼ 12% vs 2024
€ 10,563 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 3,793
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,240
▲ € 6,952 vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 26,558 | € 59,356 | € 40,401 | € 49,010 | ▲ 21% |
| Profit after taxes | € -15,501 | € 33,428 | € -1,802 | € -18,172 | ▼ € 16,370 |
| Equity | € -102,048 | € -68,620 | € -70,422 | € -88,594 | ▼ € 18,172 |
| Total debts | € 379,950 | € 346,296 | € 349,504 | € 358,121 | ▲ 2% |
| Cash | € 9,734 | € 2,560 | € 3,785 | € 2,429 | ▼ 36% |
| Land & buildings | € 249,600 | € 242,400 | € 235,200 | € 228,000 | ▼ 3% |
| Retained profit | € -210,648 | € -177,220 | € -181,572 | € -199,744 | ▼ € 18,172 |
| Bank debt | € 167,076 | € 151,755 | € 136,252 | € 120,563 | ▼ 12% |
| Balance sheet total | € 277,902 | € 277,676 | € 279,082 | € 269,526 | ▼ 3% |
Key figures of Baugema, 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 Baugema?
What happened at Baugema in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,172. Source: NBB ↗
- New establishment in Mont-Saint-Guibert. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,501 loss in 2022 to € 18,172 loss in 2025.
Paid € 2,189 in corporate taxes since 2022.
Best year ever: 2023, with € 33,428 profit.
Management
Behind Baugema is Grégoire BAUCHAU. Grégoire BAUCHAU is also behind GBS IMMO, RBJD, NoordZeeBau, La Boite à Bijoux and FiveCO.
Directors
According to the 2025 annual accounts
Grégoire BAUCHAU
Director
Also active at: GBS IMMO, RBJD, NoordZeeBau, La Boite à Bijoux, FiveCO, TABLE MOUNTAIN
Establishments
Establishment units
Physical locations of this company
Rue des Sablières 45 box 61
1435 Mont-Saint-Guibert
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 40 companies are registered at this address.
All companies at this address →PUGH & CO INTERNATIONAL
€ 1.4 million gross margin · 2025
Produits Habi
€ 8.7 million revenue · 2026
TRANNEX
€ 1.4 million gross margin · 2025
ETABLISSEMENTS NICOLAY
€ 487,079 gross margin · 2025
ALPHASTYLE
€ 113,736 gross margin · 2025
+35 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.734.850
- VAT number
- BE 0536.734.850
- Registered office
- Rue des Sablières 45 bus 61, 1435 Mont-Saint-Guibert
- Names & denominations
- Baugema
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 2013
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
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