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 55 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Wim De Baets from Zulte, company number BE0551990277, closed financial year 2026 with a result of € 33,118 after tax. For that financial year Wim De Baets recorded a gross margin of € 66,722 and equity of € 106,249. Compared with financial year 2025, the result moved from € 24,758 to € 33,118. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2026.
€ 106,249
▲ 6% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,118
▲ 34% vs 2025
Profit after tax over the fiscal year.
€ 23,020
▼ 33% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 27,000 paid out
82 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
€ 1,714
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 321,723
▼ 13% vs 2025
€ 27,535 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 323
▼ 99% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 9,118
▼ 24% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 77,027 | € 79,557 | € 54,016 | € 66,722 | ▲ 24% |
| Profit after taxes | € 23,249 | € 47,742 | € 24,758 | € 33,118 | ▲ 34% |
| Equity | € 74,630 | € 75,372 | € 100,131 | € 106,249 | ▲ 6% |
| Total debts | € 355,057 | € 408,197 | € 434,595 | € 358,465 | ▼ 18% |
| Cash | € 14,048 | € 30,589 | € 34,358 | € 23,020 | ▼ 33% |
| Land & buildings | € 397,013 | € 416,625 | € 442,869 | € 426,580 | ▼ 4% |
| Retained profit | € 56,080 | € 56,822 | € 81,581 | € 87,699 | ▲ 7% |
| Dividend | € 40,000 | € 47,000 | € 0 | € 27,000 | |
| Bank debt | € 340,678 | € 349,683 | € 369,417 | € 321,723 | ▼ 13% |
| Balance sheet total | € 429,687 | € 483,569 | € 534,726 | € 464,714 | ▼ 13% |
Key figures of Wim De Baets, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Wim De Baets?
What happened at Wim De Baets in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 33,118 (▲ 34% vs 2025). Source: NBB ↗
- Valerie Van Meenen became a director. NBB
- Wim De Baets became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 23,249 profit in 2023 to € 33,118 profit in 2026.
Paid € 28,053 in corporate taxes since 2023.
Best year ever: 2024, with € 47,742 profit.
Paid out € 114,000 in dividends to the owners in total.
Management
Behind Wim De Baets are Wim De Baets and Valerie Van Meenen.
Directors
According to the 2026 annual accounts
Wim De Baets
Director
since 2014
Valerie Van Meenen
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 6b
9870 Zulte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0551.990.277
- VAT number
- BE 0551.990.277
- Registered office
- Dorpsstraat 6b, 9870 Zulte
- Names & denominations
- Wim De Baets · 't Machels Bierzolderke
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2014
- Peppol
- Active · Active since 9 Oct 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
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