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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mathieu Baert from Gent, company number BE0755896353, closed financial year 2025 with a result of € 318,019 after tax. For that financial year Mathieu Baert recorded a gross margin of € 419,225 and equity of € 55,754. Compared with financial year 2024, the result moved from € 220,735 to € 318,019. Profitable, and profit is growing. The buffer shrank hard: equity is 75 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 55,754
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 318,019
▲ 44% vs 2024
Profit after tax over the fiscal year.
€ 50,348
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 485,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 2,126
▼ 37% 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.
€ 98
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,842
▼ 22% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,339 | € 112,371 | € 294,118 | € 419,225 | ▲ 43% |
| Profit after taxes | € 30,742 | € 78,687 | € 220,735 | € 318,019 | ▲ 44% |
| Equity | € 88,893 | € 165,980 | € 222,735 | € 55,754 | ▼ 75% |
| Total debts | € 22,612 | € 24,593 | € 186,844 | € 501,940 | ▲ 169% |
| Cash | € 37,233 | € 22,696 | € 67,397 | € 50,348 | ▼ 25% |
| Land & buildings | - | € 41,433 | € 39,733 | € 38,033 | ▼ 4% |
| Retained profit | € 86,893 | € 163,980 | € 220,735 | € 53,754 | ▼ 76% |
| Dividend | € 800 | € 1,600 | € 163,980 | € 485,000 | ▲ 196% |
| Bank debt | € 3,309 | € 2,206 | € 1,071 | € 0 | ▼ 100% |
| Balance sheet total | € 111,505 | € 190,573 | € 409,579 | € 557,693 | ▲ 36% |
Key figures of Mathieu Baert, 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 Mathieu Baert?
What happened at Mathieu Baert in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 318,019 (▲ 44% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 30,742 profit in 2022 to € 318,019 profit in 2025.
Paid € 201,049 in corporate taxes since 2022.
Best year ever: 2025, with € 318,019 profit.
Paid out € 651,380 in dividends to the owners in total.
Management
Behind Mathieu Baert is Mathieu Baert.
Directors
According to the 2025 annual accounts
Mathieu Baert
Director
Establishments
Establishment units
Physical locations of this company
Voskenslaan 359
9000 Gent
Ijzertijdhof 911
9000 Gent
Active since 8 October 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- BAERT Mathieu Edgard Jozef(oprichter) 100%
Details
- Company number
- 0755.896.353
- VAT number
- BE 0755.896.353
- Registered office
- Voskenslaan 359, 9000 Gent
- Names & denominations
- Mathieu Baert
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 2020
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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