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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Late annual account NBB
Fiscal year 2024 was filed 229 days after the legal deadline.
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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
BayWa r.e. Benelux from Eupen, company number BE0762770386, closed financial year 2024 with a result of € -2.7 million after tax. For that financial year BayWa r.e. Benelux recorded a gross margin of € -640,394 and equity of € -6.7 million. Compared with financial year 2023, the result moved from € -2.1 million to € -2.7 million. 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 March 17, 2026.
€ -6.7 million
▼ € 2.7 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.7 million
▼ 29 % more loss than in 2023
Profit after tax over the fiscal year.
€ 8,031
▼ 95% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.7 million.
People and assets in 2024
2.7
▲ 0.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 30% vs 2023
€ 558,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,504
▼ 66% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 8.8 million
▲ 56% vs 2023
Loans from banks and other lenders, long and short.
€ 365,269
▼ 41% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 103,944
▲ 11% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -587,293 | € -428,132 | € -630,908 | € -640,394 | ▼ € 9,486 |
| Profit after taxes | € -857,045 | € -1,146,217 | € -2,052,964 | € -2,657,640 | ▼ € 604,675 |
| Equity | € -852,045 | € -1,998,262 | € -4,051,226 | € -6,708,866 | ▼ € 2.7 million |
| Total debts | € 1,765,672 | € 3,477,640 | € 6,390,331 | € 9,292,772 | ▲ 45% |
| Cash | € 40,746 | € 51,660 | € 148,057 | € 8,031 | ▼ 95% |
| Retained profit | € -857,045 | € -2,003,262 | € -4,056,226 | € -6,713,866 | ▼ € 2.7 million |
| Bank debt | € 1,287,113 | € 2,975,734 | € 5,673,882 | € 8,823,559 | ▲ 56% |
| Balance sheet total | € 913,627 | € 1,479,378 | € 2,339,105 | € 2,583,906 | ▲ 10% |
| Employees (FTE) | 0.8 | 1.5 | 2 | 2.7 | ▲ 0.7 |
Key figures of BayWa r.e. Benelux, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BayWa r.e. Benelux?
What happened at BayWa r.e. Benelux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 2.7 million. filed late Source: NBB ↗
- New establishment in Eupen. KBO
- Benjamin CASTELEYN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 857,045 loss in 2021 to € 2.7 million loss in 2024.
Paid € 1,109 in corporate taxes since 2021.
Management
Behind BayWa r.e. Benelux is Benjamin CASTELEYN. It owns 50% of Windpark A73-Heumen B.V. itself.
Directors
According to the 2024 annual accounts
Benjamin CASTELEYN
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Hütte 79
4700 Eupen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →Wirtschaftsförderungsgesellschaft Ostbelgiens VoG
€ 1.6 million gross margin · 2025
ANT RE
HEDO
€ 581,676 gross margin · 2026
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS
€ 160,307 gross margin · 2025
ITEESI, EUROPEAN DIVISION, BELGIUM
€ -33,739 gross margin · 2024
+31 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
- 0762.770.386
- VAT number
- BE 0762.770.386
- Registered office
- Hütte 79, 4700 Eupen
- Names & denominations
- BayWa r.e. Benelux
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 2021
- Peppol
- Active · Active since 3 Apr 2026
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