Financials
Financial year 2025
De Baets from Kaprijke, company number BE0787448275, closed financial year 2025 with a result of € 158,722 after tax. For that financial year De Baets recorded a gross margin of € 762,036 and equity of € 692,192. Compared with financial year 2024, the result moved from € 156,176 to € 158,722. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 14, 2026.
€ 692,192
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 158,722
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 233,652
▲ 263% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 617,192.
People and assets in 2025
4
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 311,521
€ 77,900 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.
€ 526,639
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 555,890
▼ 8% vs 2024
€ 189,534 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 172,866
▲ 108% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,302
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 866,690 | € 741,394 | € 762,036 | ▲ 3% |
| Profit after taxes | € 302,295 | € 156,176 | € 158,722 | ▲ 2% |
| Equity | € 377,295 | € 533,470 | € 692,192 | ▲ 30% |
| Total debts | € 1,038,322 | € 781,441 | € 808,005 | ▲ 3% |
| Cash | € 96,189 | € 64,282 | € 233,652 | ▲ 263% |
| Retained profit | € 302,295 | € 458,470 | € 617,192 | ▲ 35% |
| Bank debt | € 829,469 | € 603,557 | € 555,890 | ▼ 8% |
| Balance sheet total | € 1,415,616 | € 1,314,912 | € 1,500,197 | ▲ 14% |
| Employees (FTE) | 3.6 | 4.2 | 4 | ▼ 0.2 |
Key figures of De Baets, fiscal years 2023 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 De Baets?
What happened at De Baets in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 158,722 (▲ 2% vs 2024). Source: NBB ↗
- New establishment in Kaprijke. KBO
- Start of the company according to the CBE. KBO
In short
From € 302,295 profit in 2023 to € 158,722 profit in 2025.
Paid € 170,425 in corporate taxes since 2023.
Best year ever: 2023, with € 302,295 profit.
On average € 190,500 of value added per employee in 2025.
Management
Behind De Baets is Alexander De Baets.
Directors
According to the 2025 annual accounts
Alexander De Baets
Director
Establishments
Establishment units
Physical locations of this company
Aveschoot 22
9971 Kaprijke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0787.448.275
- VAT number
- BE 0787.448.275
- Registered office
- Aveschoot 22, 9971 Kaprijke
- Names & denominations
- De Baets
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2022
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
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