Financials
Financial year 2025
BaFo from Merelbeke-Melle, company number BE0645817090, closed financial year 2025 with a result of € 14,200 after tax. For that financial year BaFo recorded a gross margin of € 39,831 and equity of € 77,615. Compared with financial year 2024, the result moved from € 31,186 to € 14,200. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 77,615
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,200
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 21,611
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 38,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 4,820
▲ € 4,495 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 73,280
▼ 17% vs 2024
€ 15,406 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,982
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,917 | € 88,154 | € 59,498 | € 39,831 | ▼ 33% |
| Profit after taxes | € 22,054 | € 53,232 | € 31,186 | € 14,200 | ▼ 54% |
| Equity | € 146,997 | € 130,229 | € 101,415 | € 77,615 | ▼ 23% |
| Total debts | € 150,390 | € 126,237 | € 107,638 | € 129,736 | ▲ 21% |
| Cash | € 102,703 | € 35,437 | € 39,499 | € 21,611 | ▼ 45% |
| Land & buildings | - | - | - | € 3,975 | |
| Retained profit | € 128,397 | € 111,629 | € 82,815 | € 59,015 | ▼ 29% |
| Dividend | € 10,000 | € 70,000 | € 60,000 | € 38,000 | ▼ 37% |
| Bank debt | € 131,976 | € 104,204 | € 88,800 | € 73,280 | ▼ 17% |
| Balance sheet total | € 297,388 | € 256,466 | € 209,053 | € 207,351 | ▼ 1% |
Key figures of BaFo, 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 BaFo?
What happened at BaFo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,200 (▼ 54% vs 2024). Source: NBB ↗
- Stefanie Bekaert became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
- Bart Focquaert became a director. NBB
In short
From € 22,054 profit in 2022 to € 14,200 profit in 2025.
Paid € 42,754 in corporate taxes since 2022.
Best year ever: 2023, with € 53,232 profit.
Paid out € 178,000 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 BaFo are Stefanie Bekaert and Bart Focquaert.
Directors
According to the 2025 annual accounts
Stefanie Bekaert
Director
since 2022
Bart Focquaert
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Peter Benoitlaan 20
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0645.817.090
- VAT number
- BE 0645.817.090
- Registered office
- Peter Benoitlaan 20, 9820 Merelbeke-Melle
- Names & denominations
- BaFo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2016
- Peppol
- Active · Active since 30 Oct 2023
- Contact
- [email protected] +32473989399
- Activities · NACE
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